CareCloud (NASDAQ:CCLD) Updates FY 2026 Earnings Guidance

CareCloud (NASDAQ:CCLD) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 0.200-0.230 for the period, compared to the consensus earnings per share estimate of 0.390. The company issued revenue guidance of $128.0 million-$132.0 million, compared to the consensus revenue estimate of $131.5 million.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Weiss Ratings reissued a “hold (c-)” rating on shares of CareCloud in a report on Friday, March 27th. Wall Street Zen lowered CareCloud from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 25th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, CareCloud has an average rating of “Hold” and an average price target of $3.25.

CareCloud Trading Down 1.0%

NASDAQ:CCLD traded down $0.03 during trading hours on Friday, hitting $2.99. 287,580 shares of the company were exchanged, compared to its average volume of 456,375. The stock has a market capitalization of $127.05 million, a price-to-earnings ratio of 37.38 and a beta of 1.83. The company has a current ratio of 1.05, a quick ratio of 1.03 and a debt-to-equity ratio of 0.01. CareCloud has a one year low of $1.73 and a one year high of $4.01. The company has a fifty day simple moving average of $3.06 and a 200 day simple moving average of $3.00.

CareCloud (NASDAQ:CCLD) last announced its earnings results on Thursday, March 12th. The company reported $0.11 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.11. CareCloud had a return on equity of 24.58% and a net margin of 8.96%.CareCloud has set its FY 2026 guidance at 0.200-0.23 EPS. Sell-side analysts expect that CareCloud will post 0.38 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in CCLD. Acadian Asset Management LLC raised its position in shares of CareCloud by 481.9% in the 1st quarter. Acadian Asset Management LLC now owns 203,053 shares of the company’s stock worth $280,000 after acquiring an additional 168,156 shares in the last quarter. Geode Capital Management LLC raised its position in shares of CareCloud by 235.4% in the 2nd quarter. Geode Capital Management LLC now owns 359,486 shares of the company’s stock worth $848,000 after acquiring an additional 252,299 shares in the last quarter. American Century Companies Inc. bought a new position in shares of CareCloud in the 2nd quarter worth about $78,000. Bridgeway Capital Management LLC raised its position in shares of CareCloud by 43.9% in the 2nd quarter. Bridgeway Capital Management LLC now owns 313,039 shares of the company’s stock worth $739,000 after acquiring an additional 95,483 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of CareCloud in the 2nd quarter worth about $260,000. 10.16% of the stock is owned by institutional investors.

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.