CareCloud (NASDAQ:CCLD) Issues FY 2026 Earnings Guidance

CareCloud (NASDAQ:CCLD) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.200-0.230 for the period, compared to the consensus estimate of 0.370. The company issued revenue guidance of $128.0 million-$132.0 million, compared to the consensus revenue estimate of $131.0 million.

CareCloud Trading Up 7.5%

NASDAQ:CCLD traded up $0.17 during trading hours on Friday, hitting $2.50. 236,074 shares of the stock traded hands, compared to its average volume of 447,606. The firm has a 50 day moving average price of $2.29 and a 200 day moving average price of $2.62. The firm has a market cap of $106.02 million, a price-to-earnings ratio of 22.68 and a beta of 1.51. CareCloud has a fifty-two week low of $2.03 and a fifty-two week high of $4.01.

CareCloud (NASDAQ:CCLD) last issued its earnings results on Thursday, August 6th. The company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.02 by $0.04. The business had revenue of $31.88 million during the quarter, compared to analysts’ expectations of $31.85 million. CareCloud had a return on equity of 24.05% and a net margin of 7.87%.CareCloud has set its FY 2026 guidance at 0.200-0.230 EPS. Research analysts predict that CareCloud will post 0.36 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of CareCloud in a research note on Wednesday, June 24th. Wall Street Zen cut shares of CareCloud from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $3.25.

Hedge Funds Weigh In On CareCloud

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Essex Investment Management Co. LLC bought a new position in shares of CareCloud during the 4th quarter valued at $2,000,000. Geode Capital Management LLC increased its position in CareCloud by 235.4% during the second quarter. Geode Capital Management LLC now owns 359,486 shares of the company’s stock worth $848,000 after buying an additional 252,299 shares during the last quarter. Renaissance Technologies LLC raised its holdings in CareCloud by 96.1% during the fourth quarter. Renaissance Technologies LLC now owns 446,030 shares of the company’s stock valued at $1,302,000 after buying an additional 218,530 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of CareCloud by 481.9% during the 1st quarter. Acadian Asset Management LLC now owns 203,053 shares of the company’s stock valued at $280,000 after acquiring an additional 168,156 shares during the last quarter. Finally, 683 Capital Management LLC bought a new position in shares of CareCloud in the 4th quarter valued at approximately $467,000. Institutional investors own 10.16% of the company’s stock.

About CareCloud

CareCloud, Inc is a healthcare technology company that provides cloud-based practice management, electronic health record (EHR) and revenue cycle management (RCM) solutions to medical practices and health systems. Its flagship offering, the CareCloud Central platform, combines clinical, financial and administrative workflows into a single, unified system. The platform includes modules for scheduling, billing, coding, patient engagement and telehealth, enabling practices to streamline front- and back-office operations and improve overall practice performance.

Founded in 2009 and headquartered in Miami Beach, Florida, CareCloud serves small to mid-size physician groups and specialty clinics across the United States.