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The latest update is out from CareCloud ( (CCLD) ).
On April 13, 2026, CareCloud, Inc. closed a $50 million credit facility with Citizens Bank and Provident Bank, comprising a $40 million term loan and a $10 million revolver, both maturing four years after closing. The facility, secured by substantially all company and certain subsidiary assets and supported by an additional securities pledge from Executive Chairman Mahmud Haq, replaces higher-cost capital with lower-cost institutional debt and provides non‑dilutive liquidity to support CareCloud’s transformation strategy and AI-driven growth initiatives.
On April 14, 2026, the company announced it will redeem all 1,511,372 outstanding shares of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Stock on May 15, 2026, at $27.52 per share including accrued dividends, and will delist the preferred shares from Nasdaq. The move simplifies CareCloud’s capital structure, eliminates approximately $3.2 million in annual preferred dividend obligations and removes a preferred equity overhang, which management says strengthens the balance sheet, enhances financial flexibility and supports long‑term shareholder value.
The most recent analyst rating on (CCLD) stock is a Hold with a $3.25 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.
The score is driven primarily by strong recent financial performance (profitability turnaround, low leverage, and robust operating/free cash flow) and supportive earnings-call guidance for 2026. These positives are tempered by weak technical positioning (price below key moving averages) and an expensive headline valuation (very high P/E with no dividend yield provided).
To see Spark’s full report on CCLD stock, click here.
More about CareCloud
CareCloud, Inc., based in Somerset, N.J., is a provider of AI-driven healthcare technology and revenue cycle management solutions for medical practices and health systems. The company offers a suite of technology-enabled products including revenue cycle management, practice management, electronic health records, business intelligence, patient experience management and digital health tools, serving more than 45,000 healthcare providers seeking to improve financial performance and reduce administrative burdens.
CareCloud focuses on applying automation and AI across healthcare operations to boost efficiency, scalability and resilience for its clients. Its operating model, which currently generates about $30 million in annualized adjusted EBITDA, is positioned to support growth in AI-enabled offerings and organic expansion across its core revenue cycle management platform, while appealing to a broader base of institutional investors.
Average Trading Volume: 485,242
Technical Sentiment Signal: Strong Sell
Current Market Cap: $114.7M
Find detailed analytics on CCLD stock on TipRanks’ Stock Analysis page.