CVE:DOC

0.08
0.00 (0.00%) 1d
0

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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The experts have mixed opinions about CloudMD with one expert acknowledging its strong performance during the pandemic but criticizing its subsequent poor acquisitions and integration. Overall, the consensus is that the hype surrounding the company has faded, leading to a significant drop in shares since 2020.

Consensus
Mixed
Valuation
Overvalued
DON'T BUY
CloudMD

Did very well during the pandemic, a market darling then. But their acquisitions didn't make sense to him and they have caught up with them with poor integration. The hype is over and shares have plunged since 2020.

Healthcare
HOLD
CloudMD

Tele-health company.
Has sold shares. Very high valuations.
Path to profitability slower than expected.
Recently selling assets.
Not sure path to profitability. 

Healthcare
WATCH
CloudMD
Interesting story, 70M market cap. Took goodwill impairment of 84M, as a result of acquisitions. Follows it, great business model. Difficult investing environment right now. (Analysts’ price target is $0.48)
Healthcare
PAST TOP PICK
CloudMD
(A Top Pick Sep 20/21, Down 76%) Whole sector decimated. One of the fastest-growing healthcare technology solutions providers. Still integrating acquisitions. Positive EBITDA has been pushed out. Management turnover. Well managed, but a show-me story.
Healthcare
TRADE
CloudMD
The industry is trading at a discount to its U.S. peers. There are other similar ones to own as well. It is good but he wants to see a couple of quarters with profitability.
Healthcare
PAST TOP PICK
CloudMD
(A Top Pick Jun 23/21, Down 71%) Fastest growing health technology provider. Sector had been hit very hard with market selloff. Recently signed large contract with Sunlife. Process integrating large number of acquisitions. Recent CEO, Chairman and management resignations is cause for concern.
Healthcare
PAST TOP PICK
CloudMD
(A Top Pick Jun 29/21, Down 77%) Brutal in the small cap area. Still likes it, but got stopped out. Beat expectations, business doing well. Moving forward with plans. This is why it's important to use stops, especially with small caps.
Healthcare
BUY
CloudMD
A fast-growing telehealth company and are pushing hard into enterprise health solutions by offering a one-stop patient approach to the primary care and mental health sectors. They are integrating several acquisitions. They are guiding to an EBITDA of $10 million this year which they could surpass. This sector has been almost left for dead, but the digital revolution in health has just begun so now is the time to enter it.
Healthcare
BUY
CloudMD
One of the fastest healthcare technology companies. Expanding into enterprise health solutions space. Expecting strong financial results in 2022. Low stock price presenting good buying opportunity.
Healthcare
STRONG BUY
CloudMD
One of two he owns in the health care sector. Digitization within health care has only just begun. The last quarter beat expectations. They announced a large deal with Sun Life on mental health coaching. This alone could be $40 million in annual revenues. Things are going in the right direction and will exceed expectations next year. A very good entry point here.
Healthcare
BUY
CloudMD
Pre-announced today that revenues will be higher than forecast. Encouraging, as there's significant organic growth in addition to acquisitions. Likes the strategy. Will probably be one of the few telehealth winners. Lots of strings to their bow. Good time to buy. Sky's the limit on target prices for this sector. Good long-term hold.
Healthcare
BUY ON WEAKNESS
CloudMD
Small caps have seen some correction, but the underlying fundamentals are growing. The business continues to move forward. What was considered telemedicine has now extended out to more services, such as employer plans. Top line growth is around 10% per quarter. They are profitable and has large cash positions to make acquisitions. Trading at half the valuation of WELL.
Healthcare
BUY
CloudMD
Exciting play on telemedicine. Entire sector is pricey, but good upside opportunity if the trends continue. The whole concept makes a lot of sense. Good sector to have some exposure to. He owns a small position.
Healthcare
TOP PICK
CloudMD
It is one of the fastest growing healthcare solutions providers. They made a series of very targeted acquisitions which they are integrating. A quality company with quality assets. (Analysts’ price target is $4.19)
Healthcare
BUY
CloudMD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenue grew by 461% year over year. However, EPS missed estimates. It is growing extremely fast and organic growth is forecasted to be driven by partner relationships. The balance sheet is growing rapidly and top-line growth should outpace operating expenses. Unlock Premium - Try 5i Free

Healthcare
Showing 1 to 15 of 28 entries

CloudMD(DOC-X) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for CloudMD is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

CloudMD(DOC-X) Frequently Asked Questions

What is CloudMD stock symbol?

CloudMD is a Canadian stock, trading under the symbol DOC-X on the TSX Venture Exchange (DOC-CV). It is usually referred to as TSXV:DOC or DOC-X

Is CloudMD a buy or a sell?

In the last year, 1 stock analyst published opinions about DOC-X. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for CloudMD.

Is CloudMD a good investment or a top pick?

CloudMD was recommended as a Top Pick by on . Read the latest stock experts ratings for CloudMD.

Why is CloudMD stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is CloudMD worth watching?

1 stock analyst on Stockchase covered CloudMD In the last year. It is a trending stock that is worth watching.

What is CloudMD stock price?

On 2024-04-18, CloudMD (DOC-X) stock closed at a price of $0.08.