CareCloud (NASDAQ:CCLD) Updates FY 2026 Earnings Guidance

CareCloud (NASDAQ:CCLD) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided 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 Stock Down 8.9%

NASDAQ CCLD traded down $0.23 during trading on Thursday, hitting $2.31. 1,920,975 shares of the stock traded hands, compared to its average volume of 249,228. CareCloud has a 12-month low of $2.03 and a 12-month high of $4.01. The firm has a 50-day simple moving average of $2.29 and a 200-day simple moving average of $2.62. The company has a market capitalization of $98.37 million, a P/E ratio of 21.05 and a beta of 1.51.

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

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Essex Investment Management Co. LLC bought a new stake in shares of CareCloud in the 4th quarter worth about $2,000,000. Renaissance Technologies LLC lifted its stake in CareCloud by 96.1% in the fourth quarter. Renaissance Technologies LLC now owns 446,030 shares of the company’s stock worth $1,302,000 after purchasing an additional 218,530 shares during the last quarter. Bridgeway Capital Management LLC lifted its stake in CareCloud by 18.3% in the fourth quarter. Bridgeway Capital Management LLC now owns 380,823 shares of the company’s stock worth $1,112,000 after purchasing an additional 58,805 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of CareCloud by 235.4% during the second quarter. Geode Capital Management LLC now owns 359,486 shares of the company’s stock valued at $848,000 after buying an additional 252,299 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of CareCloud by 127.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 252,132 shares of the company’s stock valued at $736,000 after buying an additional 141,343 shares during the period. 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.