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Carter Bankshares (CARE) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChart

CARE Stock Forecast

Carter Bankshares (CARE) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $28.50, with a high of $30.00 and a low of $27.00. This represents a -12.79% decline from the last price of $32.68.

$10 $15 $20 $25 $30 $35 High: $30 Avg: $28.5 Low: $27 Last Closed Price: $32.68

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%), 1 Buy (20.00%), 4 Hold (80.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 5 0 4 1 Strong Sell Sell Hold Buy Strong Buy

CARE Price Target Upside V Benchmarks

TypeNameUpside
StockCarter Bankshares-12.79%
SectorFinancial Services Stocks 3.88%
IndustryRegional Banks Stocks-1.56%

Price Target Trends

1M3M12M
# Anlaysts123
Avg Price Target$30.00$28.50$26.33
Last Closing Price$32.68$32.68$32.68
Upside/Downside-8.20%-12.79%-19.43%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jun, 26121--4
May, 2613---4
Apr, 2613---4
Mar, 2612---3
Feb, 2612---3
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 03, 2026Feddie StricklandHovde Group$30.00$28.335.89%-8.20%
Apr 27, 2026Raymond James$27.00$24.759.09%-17.38%
Oct 07, 2025Raymond James$22.00$19.4113.34%-32.68%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jun 03, 2026Hovde GroupOutperformMarket Performdowngrade
Apr 27, 2026Raymond JamesOutperformOutperformhold
Oct 07, 2025Raymond JamesOutperformOutperformhold
Oct 02, 2024Hovde GroupOutperforminitialise
Aug 29, 2024Raymond JamesOutperformOutperformhold
Jul 07, 2022Raymond JamesOutperformupgrade

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 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

$100M $140M $180M $220M $260M $300M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 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

$15M $23M $31M $39M $47M $55M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 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%-

CARE Forecast FAQ

Is Carter Bankshares stock a buy?

Carter Bankshares stock has a consensus rating of Hold, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 4 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Carter Bankshares is a neutral investment for most analysts.

What is Carter Bankshares's price target?

Carter Bankshares's price target, set by 5 Wall Street analysts, averages $28.5 over the next 12 months. The price target range spans from $27 at the low end to $30 at the high end, suggesting a potential -12.79% change from the previous closing price of $32.68.

How does Carter Bankshares stock forecast compare to its benchmarks?

Carter Bankshares's stock forecast shows a -12.79% downside, underperforming the average forecast for the financial services stocks sector (3.88%) and underperforming the regional banks stocks industry (-1.56%).

What is the breakdown of analyst ratings for Carter Bankshares over the past three months?

  • June 2026: 25.00% Strong Buy, 50.00% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.
  • May 2026: 25.00% Strong Buy, 75.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • April 2026: 25.00% Strong Buy, 75.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Carter Bankshares’s EPS forecast?

Carter Bankshares's average annual EPS forecast for its fiscal year ending in December 2026 is $1.9, marking a 35.71% increase from the reported $1.4 in 2025..

What is Carter Bankshares’s revenue forecast?

Carter Bankshares's average annual revenue forecast for its fiscal year ending in December 2026 is $173.89M, reflecting a -31.71% decrease from the reported $254.63M in 2025.

What is Carter Bankshares’s net income forecast?

Carter Bankshares's net income forecast for the fiscal year ending in December 2026 stands at $42.3M, representing an 34.89% increase from the reported $31.36M in 2025.