# Carter Bankshares (CARE) — Analyst Forecast

CARE · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/care/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Hold | 2 | 3 | 0 | 5 |

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Jul 1, 2026 | Raymond James | Downgraded | Outperform → Market Perform | — |
| Jun 3, 2026 | Hovde Group | Downgraded | Outperform → Market Perform | $30.00 |
| May 15, 2026 | Freedom Broker | Downgraded | Buy → Hold | $27.00 |
| Oct 2, 2024 | Hovde Group | Initiated Coverage | Outperform | $22.00 |
| Aug 29, 2024 | Raymond James | Maintained | Outperform | $21.00 |
| May 1, 2023 | Raymond James | Upgraded | Market Perform → Outperform | $17.00 |
| Apr 6, 2023 | Raymond James | Maintained | Market Perform | — |

## Frequently Asked Questions

### Is CARE a buy, sell, or hold?

Analysts covering Carter Bankshares currently average a Hold rating: 2 buy, 3 hold and 0 sell, from 5 analysts. Ratings reflect analyst opinion, not investment advice.

### What is the latest analyst rating on CARE?

On Jul 1, 2026, Raymond James downgraded Carter Bankshares to Market Perform.

## Similar Stocks

- [BUSE](https://www.lighthorse.io/tickers/buse) — First Busey Corporation - Common Stock
- [SHBI](https://www.lighthorse.io/tickers/shbi) — Shore Bancshares, Inc. - Common Stock
- [UCB](https://www.lighthorse.io/tickers/ucb) — United Community Banks, Inc. Common Stock
- [UVSP](https://www.lighthorse.io/tickers/uvsp) — Univest Financial Corporation - Common Stock
- [EFSC](https://www.lighthorse.io/tickers/efsc) — Enterprise Financial Services Corporation - Common Stock
- [FRME](https://www.lighthorse.io/tickers/frme) — First Merchants Corporation - Common Stock
- [FMBH](https://www.lighthorse.io/tickers/fmbh) — First Mid Bancshares, Inc. - Common Stock
- [OCFC](https://www.lighthorse.io/tickers/ocfc) — OceanFirst Financial Corp. - Common Stock
- [CCNE](https://www.lighthorse.io/tickers/ccne) — CNB Financial Corporation - Common Stock
- [MBWM](https://www.lighthorse.io/tickers/mbwm) — Mercantile Bank Corporation - Common Stock

---

Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).