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CareCloud ( (CCLD) ) has shared an update.
CareCloud, Inc. redeemed and delisted its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock in May 2026, while keeping its common stock listed on the Nasdaq Global Market under the symbol CCLD. The Series B preferred shares were delisted as of the close of business on May 14, 2026, following the company’s request to Nasdaq and the filing of a deregistration notice with the U.S. securities regulator.
On May 15, 2026, CareCloud completed the full redemption of all outstanding Series B preferred shares at $27.52 per share, including accumulated and unpaid dividends, for an aggregate payment of approximately $41.6 million. Following this transaction, no Series B preferred shares remain outstanding, former holders have only the right to receive the redemption price, and the move simplifies the company’s capital structure without affecting trading in its common stock.
The most recent analyst rating on (CCLD) stock is a Buy with a $8.00 price target. To see the full list of analyst forecasts on CareCloud stock, see the CCLD Stock Forecast page.
Spark’s Take on CCLD Stock
According to Spark, TipRanks’ AI Analyst, CCLD is a Neutral.
CCLD scores as moderately attractive, led by strong recent financial performance (profitability recovery, low leverage, and solid cash generation) and supportive earnings-call guidance pointing to substantial EPS improvement. These positives are tempered by weak technicals (clear downtrend/negative momentum) and a demanding valuation (high P/E with no dividend support), which together keep the overall score from moving higher.
To see Spark’s full report on CCLD stock, click here.
More about CareCloud
CareCloud, Inc. is a healthcare technology company that operates on the Nasdaq Global Market under the ticker symbol CCLD, providing software and services that support medical practices and healthcare providers. The company accesses capital markets through both common and preferred equity securities, using its listing status to support its financing and growth objectives within the healthcare IT sector.
Average Trading Volume: 614,271
Technical Sentiment Signal: Sell
Current Market Cap: $90.93M
For a thorough assessment of CCLD stock, go to TipRanks’ Stock Analysis page.