Carter Bankshares, Inc. (CARE)
NASDAQ: CARE · Real-Time Price · USD
33.60
+0.92 (2.82%)
At close: Jun 26, 2026, 4:00 PM EDT
32.93
-0.67 (-1.99%)
After-hours: Jun 26, 2026, 5:47 PM EDT
Carter Bankshares Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Carter Bankshares stock have an average target of 28, with a low estimate of 27 and a high estimate of 30. The average target predicts a decrease of -16.67% from the current stock price of 33.60.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Carter Bankshares stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Hovde Group | Hovde Group | Hold Downgrades $28 → $30 | Hold | Downgrades | $28 → $30 | -10.71% | Jun 3, 2026 |
| Freedom Capital Markets | Freedom Capital Markets | Hold Downgrades $25 → $27 | Hold | Downgrades | $25 → $27 | -19.64% | May 15, 2026 |
| Raymond James | Raymond James | Buy Reiterates $27 | Buy | Reiterates | $27 | -19.64% | Apr 27, 2026 |
Financial Forecast
Revenue This Year
257.73M
from 153.22M
Increased by 68.20%
Revenue Next Year
201.55M
from 257.73M
Decreased by -21.80%
EPS This Year
5.46
from 1.39
Increased by 292.81%
EPS Next Year
2.57
from 5.46
Decreased by -52.99%
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 267.3M | 203.6M | |
| Avg | 257.7M | 201.6M | |
| Low | 248.2M | 199.5M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 74.4% | -21.0% | |
| Avg | 68.2% | -21.8% | |
| Low | 62.0% | -22.6% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.52 | 2.70 | |
| Avg | 5.46 | 2.57 | |
| Low | 5.40 | 2.45 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 297.1% | -50.5% | |
| Avg | 292.8% | -53.0% | |
| Low | 288.5% | -55.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.