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Carter Bankshares (CARE): analyst forecast and price target

$30.21 −0.33% close 16.10.26 · market cap $666M · Financial · Banks - Regional IWM 0.02%
Price targets and ratings of

Analyst consensus

Hold

0 Buy1 Hold0 Sell

Ratings of 1 analysts in the last 3 months

12-month forecast

$34.50+14.2% upside

Based on 1 price targets given in the last 3 months, the average target is $34.50, the highest $34.50, the lowest $34.50. The average is +14.2% from the last price of $30.21.

$20.00$30.00Jan 26AprJulOctJan 27AprJulOctHigh$34.50Average$34.50Low$34.50
Highest target $34.50 Average target $34.50 Lowest target $34.50
AnalystFirmPrice target RatingUpsideAction Date Move vs SPY
Feddie Strickland★★★★★★★★★★#4213 · hits 67% · avg +10.7% Hovde Group $30.00 → $34.50+15.0% Hold +14.2% Reiterated 27.07.26on TipRanks 13:51 +0.2%next day +1.1% · 5 days +1.5%
Steve Moss★★★★★★★★★★#607 · hits 57% · avg +11.7% Raymond James — Hold — Downgrade 01.07.26on TipRanks 05:55 +1.8%next day −4.1% · 5 days −7.2%
Mikhail Paramonov★★★★★★★★★★#5865 · hits 75% · avg +10.3% Freedom Capital Markets $25.00 → $27.00+8.0% Hold −10.6% Downgrade 15.05.26on TipRanks 10:40 −2.0%next day −0.2% · 5 days +3.8%

The latest rating of each analyst in the last 12 months, as TipRanks lists them. Every rating kept, earlier ones included

Best analysts covering Carter Bankshares

TipRanks picks them by their record on this stock; the figures under the name are their record across all their ratings.

Most accurate

3 months PerPlexity Banks - Regional★★★★★★★★★★TipRanks - PerPlexity · #335
Hits 74%310 of 417 Average return +10.2%
1 year PerPlexity Banks - Regional★★★★★★★★★★TipRanks - PerPlexity · #335
Hits 74%310 of 417 Average return +10.2%
2 years PerPlexity Banks - Regional★★★★★★★★★★TipRanks - PerPlexity · #335
Hits 74%310 of 417 Average return +10.2%

Most profitable

3 months PerPlexity Banks - Regional★★★★★★★★★★TipRanks - PerPlexity · #335
Hits 74%310 of 417 Average return +10.2%
1 year PerPlexity Banks - Regional★★★★★★★★★★TipRanks - PerPlexity · #335
Hits 74%310 of 417 Average return +10.2%
2 years PerPlexity Banks - Regional★★★★★★★★★★TipRanks - PerPlexity · #335
Hits 74%310 of 417 Average return +10.2%

How the average price target moved

The average target of all analysts (their ratings of the 3 months before) on each day, the top analysts’ dashed, against the price; the site keeps this record since 1 October 2026. On 01.10.26: target $34.50 at a price of $29.89 (+15.4%); now: $34.50 at $30.21 (+14.2%).

$30.00$32.00$34.00Sep 15Oct 1Oct 15Average target$34.50Price$30.21

PriceAverage targetTop analysts’ target

Recommendation trend

012342Oct 252Nov2DecJan 26FebMar1Apr11May12Jun4Jul3Aug2SepOct

Strong BuyBuyHoldSell

Rating05.2606.2607.2608.2609.2610.26
Strong Buy000000
Buy110000
Hold124320
Sell000000

Earnings and sales forecast

Next report: 22.10.26 (Q3 2026, date not confirmed)

Earnings per share

Next quarter’s EPS estimate — $0.54 (from $0.53 to $0.55). Last quarter: $1.31.

Sales

Next quarter’s sales estimate — $47M (from $47M to $47M). Last quarter: $90M.

Best top-analyst consensus in the sector · Financial

BETRBetter Home & FinanceStrong Buy
ENVAEnova InternationalStrong Buy
PLMRPalomar Holdings
SPGIS&P Global
SEICSEI Investments Company
About Carter Bankshares
  • CEO: Litz H. Van Dyke
  • Employees: 687
  • 1300 Kings Mountain Road, Martinsville, VA, 24112, US
  • www.carterbank.com

Carter Bankshares, Inc. functions as the parent company for Carter Bank & Trust, delivering a comprehensive suite of banking solutions. It provides a variety of deposit accounts, including checking, savings, retirement, money market, and longer-term certificates of deposit. The institution also offers diverse loan products, such as secured and unsecured commercial loans, alongside consumer loans for purposes like auto financing, home improvements, education, overdraft protection, and personal investments. Additionally, it originates and holds residential mortgages (both fixed and variable rate), real estate construction and acquisition loans, home equity lines of credit, and credit cards. Beyond lending and deposits, Carter Bank & Trust furnishes other banking conveniences including safe deposit boxes, direct deposit services, extensive online and mobile banking capabilities (featuring bill pay, online account opening, and mobile deposit), debit cards, e-statements, and ATM access. The company further provides title insurance, various financial institution-related products, and treasury and corporate cash management services. Founded in 1974 and based in Martinsville, Virginia, Carter Bankshares, Inc. operates 69 branch locations spanning Virginia and North Carolina.

Data from the stock’s TipRanks forecast page, read 199 min ago. It is read again as soon as a new rating appears and at least every 8 hours. TipRanks ↗