Carter Bankshares Inc has a consensus price target of $23.33 based on the ratings of 3 analysts. The high is $27 issued by Freedom Broker on May 15, 2026. The low is $21 issued by Raymond James on August 29, 2024. The 3 most-recent analyst ratings were released by Freedom Broker on May 15, 2026, February 13, 2026, and December 24, 2025, respectively. With an average price target of $25 between Freedom Broker, there's an implied -4.25% downside for Carter Bankshares Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Carter Bankshares (NASDAQ:CARE) was reported by Freedom Broker on May 15, 2026. The analyst firm set a price target for $27.00 expecting CARE to rise to within 12 months (a possible 3.41% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Carter Bankshares (NASDAQ:CARE) was provided by Freedom Broker, and Carter Bankshares downgraded their hold rating.
There is no last upgrade for Carter Bankshares
The last downgrade for Carter Bankshares Inc happened on May 15, 2026 when Freedom Broker changed their price target from $25 to $27 for Carter Bankshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Carter Bankshares, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Carter Bankshares was filed on May 15, 2026 so you should expect the next rating to be made available sometime around May 15, 2027.
While ratings are subjective and will change, the latest Carter Bankshares (CARE) rating was a downgraded with a price target of $25.00 to $27.00. The current price Carter Bankshares (CARE) is trading at is $26.11, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
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| Buy Now | Get Alert | ||||||
|---|---|---|---|---|---|---|---|
| 05/15/2026 | Buy Now | 3.41% | Freedom Broker | $25 → $27 | Downgrade | Buy → Hold | Get Alert |
| 02/13/2026 | Buy Now | -4.25% | Freedom Broker | $23 → $25 | Maintains | Buy | Get Alert |
| 12/24/2025 | Buy Now | -11.91% | Freedom Broker | → $23 | Initiates | → Buy | Get Alert |
| 10/02/2024 | Buy Now | -15.74% | Hovde Group | → $22 | Initiates | → Outperform | Get Alert |
| 08/29/2024 | Buy Now | -19.57% | Raymond James | $20 → $21 | Maintains | Outperform | Get Alert |