CareCloud buying an aircraft ‘doesn’t help,’ says Roth Capital

Roth Capital analyst Richard Baldry keeps a Neutral rating on CareCloud (CCLD) with a $3.25 price target following the company’s Q4 report. CareCloud’s results were “fair,” but its acquisitions are masking underlying revenue declines, the analyst tells investors in a research note. Roth says the company was highly acquisitive in 2025, “oddly” including a disclosure in Q3 that is set up a subsidiary “for the purpose of acquiring an aircraft” which “will be used primarily for visiting current and prospective clients.” The firm believes buying an aircraft “doesn’t help.”