Carter Bankshares (CARE) Stock Forecast, Price Target & Predictions
CARE Stock Forecast
Carter Bankshares (CARE) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $30.75, with a high of $34.50 and a low of $27.00. This represents a -6.82% decline from the last price of $33.00.
CARE Stock Rating
Carter Bankshares stock's rating consensus is Hold, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 0 Buy (0.00%), 5 Hold (100.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
CARE Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Carter Bankshares | -6.82% |
| Sector | Financial Services Stocks | 1.85% |
| Industry | Regional Banks Stocks | 0.58% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 4 |
| Avg Price Target | $34.50 | $32.25 | $28.38 |
| Last Closing Price | $33.00 | $33.00 | $33.00 |
| Upside/Downside | 4.55% | -2.27% | -14.00% |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Aug, 26 | - | 1 | 3 | - | - | 4 |
| Jul, 26 | - | 1 | 3 | - | - | 4 |
| Jun, 26 | 1 | 2 | 1 | - | - | 4 |
| May, 26 | 1 | 3 | - | - | - | 4 |
| Apr, 26 | 1 | 3 | - | - | - | 4 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 27, 2026 | Hovde Group | $34.50 | $34.01 | 1.44% | 4.55% | |
| Jun 03, 2026 | Feddie Strickland | Hovde Group | $30.00 | $28.33 | 5.89% | -9.09% |
| Apr 27, 2026 | Raymond James | $27.00 | $24.75 | 9.09% | -18.18% | |
| Oct 07, 2025 | Raymond James | $22.00 | $19.41 | 13.34% | -33.33% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 27, 2026 | Hovde Group | Market Perform | Market Perform | hold |
| Jul 01, 2026 | Raymond James | Outperform | Market Perform | downgrade |
| Jun 03, 2026 | Hovde Group | Outperform | Market Perform | downgrade |
| Apr 27, 2026 | Raymond James | Outperform | Outperform | hold |
| Oct 07, 2025 | Raymond James | Outperform | Outperform | hold |
| Oct 02, 2024 | Hovde Group | Outperform | initialise | |
| Aug 29, 2024 | Raymond James | Outperform | Outperform | hold |
| Jul 07, 2022 | Raymond James | Outperform | upgrade |
Financial Forecast
EPS Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|---|
| Reported | $1.20 | $2.03 | $1.00 | $1.06 | $1.40 | - |
| Avg Forecast | $1.20 | $1.95 | $1.27 | $0.95 | $2.00 | $1.90 |
| High Forecast | $1.23 | $2.02 | $1.29 | $0.98 | $2.17 | $2.08 |
| Low Forecast | $1.17 | $1.88 | $1.24 | $0.91 | $1.82 | $1.70 |
| Surprise % | - | 4.10% | -21.26% | 11.58% | -30.00% | - |
Revenue Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|---|
| Reported | $156.38M | $179.15M | $211.82M | $239.67M | $254.63M | - |
| Avg Forecast | $134.07M | $159.24M | $142.71M | $136.37M | $154.58M | $173.89M |
| High Forecast | $136.64M | $163.68M | $143.27M | $138.04M | $156.47M | $176.01M |
| Low Forecast | $131.49M | $154.80M | $142.05M | $134.70M | $152.68M | $171.76M |
| Surprise % | 16.64% | 12.51% | 48.43% | 75.75% | 64.73% | - |
Net Income Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|---|
| Reported | $31.59M | $50.12M | $23.38M | $24.52M | $31.36M | - |
| Avg Forecast | $32.02M | $33.67M | $23.19M | $21.88M | $49.58M | $42.30M |
| High Forecast | $38.43M | $40.40M | $27.82M | $22.73M | $50.43M | $48.42M |
| Low Forecast | $25.62M | $26.93M | $18.55M | $21.03M | $42.33M | $39.54M |
| Surprise % | -1.35% | 48.87% | 0.85% | 12.08% | -36.74% | - |