CCLD icon

CareCloud

4.13 USD
+0.05
1.23%
At close Feb 7, 4:00 PM EST
After hours
4.18
+0.05
1.21%
1 day
1.23%
5 days
21.47%
1 month
21.47%
3 months
70.66%
6 months
96.67%
Year to date
8.40%
1 year
252.99%
5 years
-29.52%
10 years
75.00%
 

About: CareCloud Inc is a healthcare information technology company. It provides a full suite of proprietary cloud-based solutions and related business services. Its Software-as-a-Service platforms include practice management (PM), electronic health record (EHR), business intelligence, telehealth, patient experience management (PXM) solutions, and robotic processing automation (RPA) bots, along with complementary software tools and business services such as revenue cycle management (RCM), premiere healthcare consulting and implementation services, and on-demand workforce staffing capabilities for high-performance medical groups and health systems nationwide. The operating segments of the group are Healthcare IT, which is the key revenue generating segment, and Practice Management.

Employees: 3,600

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 2

57% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 7

43% more capital invested

Capital invested by funds: $3.24M [Q2] → $4.65M (+$1.41M) [Q3]

3% more funds holding

Funds holding: 33 [Q2] → 34 (+1) [Q3]

0.39% more ownership

Funds ownership: 10.48% [Q2] → 10.87% (+0.39%) [Q3]

31% less call options, than puts

Call options by funds: $34K | Put options by funds: $49K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$4.50
9%
upside
Avg. target
$4.50
9%
upside
High target
$4.50
9%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Benchmark
Bill Sutherland
78% 1-year accuracy
36 / 46 met price target
9%upside
$4.50
Buy
Reiterated
15 Nov 2024

Financial journalist opinion

Based on 3 articles about CCLD published over the past 30 days

Neutral
GlobeNewsWire
3 days ago
CareCloud Achieves Industry-Leading Security and Compliance Attestation, Uniquely Positioned to Grow Among Large Healthcare Enterprises
SOC 2 Type 2 Attestation Positions CareCloud Among a Select Group of less than 10% of all EHR Vendors
CareCloud Achieves Industry-Leading Security and Compliance Attestation, Uniquely Positioned to Grow Among Large Healthcare Enterprises
Neutral
GlobeNewsWire
1 week ago
CareCloud Achieves Record-Breaking Shareholder Turnout and Record Yes Votes to Approve Increase in Authorized Shares
SOMERSET, N.J., Jan. 27, 2025 (GLOBE NEWSWIRE) -- C are C loud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP), a leading provider of healthcare technology and generative AI solutions for medical practices and health systems nationwide, today held its special meeting (“Special Meeting”) of CareCloud's common stock shareholders. At the Special Meeting, a record-breaking 10.8 million shareholders, representing 85% of the votes cast, approved an amendment to the Company's Certificate of Incorporation to increase the Company's authorized shares of common stock from 35 million to 85 million shares.
CareCloud Achieves Record-Breaking Shareholder Turnout and Record Yes Votes to Approve Increase in Authorized Shares
Neutral
GlobeNewsWire
2 weeks ago
CareCloud Shareholders Tentatively Approve Proposal to Increase Authorized Common Shares with Record Voter Turnout
SOMERSET, N.J., Jan. 24, 2025 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the “Company” or “CareCloud”) (Nasdaq: CCLD, CCLDO, CCLDP), a leading provider of healthcare information technology and generative AI solutions for medical practices and health systems nationwide, today announced that shareholders have tentatively approved the proposal to increase the number of authorized common shares.
CareCloud Shareholders Tentatively Approve Proposal to Increase Authorized Common Shares with Record Voter Turnout
Neutral
GlobeNewsWire
1 month ago
CareCloud Announces Leadership Realignment to Drive 2025 Growth Strategy
Focused on Accelerating Technology Innovation, Revenue Growth, and Enhancing Client Experience SOMERSET, N.J., Dec. 16, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leading provider of healthcare technology and generative AI solutions for medical practices and health systems nationwide, today announced a strategic realignment of its leadership team, effective January 1, 2025.
CareCloud Announces Leadership Realignment to Drive 2025 Growth Strategy
Neutral
GlobeNewsWire
2 months ago
CareCloud Files Special Meeting Proxy to Accelerate Growth
SOMERSET, N.J., Dec. 09, 2024 (GLOBE NEWSWIRE) -- CareCloud, Inc. (the “Company” or “CareCloud”) (Nasdaq: CCLD CCLDO, CCLDP), a leader in healthcare information technology solutions for medical practices and health systems nationwide, today announced the solicitation of proxies from its common stock (the “Common Stock”) shareholders to approve an increase in its authorized shares. This increase is designed to support the Company's growth initiatives and corporate objectives.
CareCloud Files Special Meeting Proxy to Accelerate Growth
Negative
Zacks Investment Research
2 months ago
Are Medical Stocks Lagging CareCloud (CCLD) This Year?
Here is how CareCloud, Inc. (CCLD) and Alvotech (ALVO) have performed compared to their sector so far this year.
Are Medical Stocks Lagging CareCloud (CCLD) This Year?
Neutral
PRNewsWire
2 months ago
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of CareCloud, Inc. (NASDAQ: CCLD)
NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating CareCloud, Inc. (NASDAQ: CCLD) on behalf of the company's shareholders.  The investigation seeks to determine whether CareCloud's directors breached their fiduciary duties in connection with recent corporate actions.
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of CareCloud, Inc. (NASDAQ: CCLD)
Negative
Zacks Investment Research
2 months ago
CareCloud, Inc. (CCLD) Q3 Earnings Misses Estimates (Revised)
CareCloud, Inc. (CCLD) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to loss of $0.42 per share a year ago.
CareCloud, Inc. (CCLD) Q3 Earnings Misses Estimates (Revised)
Neutral
Seeking Alpha
2 months ago
CareCloud, Inc. (CCLD) Q3 2024 Earnings Call Transcript
CareCloud, Inc. (NASDAQ:CCLD ) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET Company Participants Mahmud Haq - Founder and Executive Chairman Hadi Chaudhry - Chief Executive Officer Stephen Snyder - President Norman Roth - Chief Financial Officer and Corporate Controller Crystal Williams - Chief Operating Officer Conference Call Participants Destiny Hance - Ladenburg Hulman Allen Klee - Maxim Group Operator Greetings. And welcome to the CareCloud Inc. Third Quarter 2024 Results Conference Call.
CareCloud, Inc. (CCLD) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
2 months ago
CareCloud, Inc. (CCLD) Q3 Earnings and Revenues Miss Estimates
CareCloud, Inc. (CCLD) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to loss of $0.42 per share a year ago.
CareCloud, Inc. (CCLD) Q3 Earnings and Revenues Miss Estimates
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