Zacks Research Has Optimistic Outlook of HCTI Q3 Earnings

Healthcare Triangle, Inc. (NASDAQ:HCTIFree Report) – Analysts at Zacks Research upped their Q3 2026 earnings per share (EPS) estimates for Healthcare Triangle in a research note issued to investors on Wednesday, July 29th. Zacks Research analyst B. Sorensen now expects that the company will post earnings of ($0.24) per share for the quarter, up from their previous forecast of ($3.09). The consensus estimate for Healthcare Triangle’s current full-year earnings is ($16.13) per share. Zacks Research also issued estimates for Healthcare Triangle’s Q4 2026 earnings at ($0.21) EPS, FY2026 earnings at ($10.96) EPS and FY2027 earnings at ($0.78) EPS.

HCTI has been the topic of several other research reports. Wall Street Zen upgraded shares of Healthcare Triangle from a “sell” rating to a “hold” rating in a report on Saturday, June 13th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Healthcare Triangle in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

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Healthcare Triangle Stock Performance

NASDAQ HCTI opened at $1.15 on Friday. The company has a market cap of $2.32 million, a P/E ratio of -0.02 and a beta of 1.08. The company has a fifty day simple moving average of $2.04 and a 200 day simple moving average of $5.34. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.02. Healthcare Triangle has a 12-month low of $1.12 and a 12-month high of $612.54.

Healthcare Triangle (NASDAQ:HCTIGet Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($6.81) earnings per share for the quarter, topping analysts’ consensus estimates of ($6.84) by $0.03. Healthcare Triangle had a negative return on equity of 166.88% and a negative net margin of 70.43%.The company had revenue of $9.86 million for the quarter, compared to analyst estimates of $9.86 million.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. XTX Topco Ltd bought a new stake in Healthcare Triangle during the second quarter worth $69,000. Jane Street Group LLC bought a new position in Healthcare Triangle during the 2nd quarter valued at $33,000. Finally, Private Advisor Group LLC bought a new position in Healthcare Triangle during the 3rd quarter valued at $26,000. Hedge funds and other institutional investors own 0.33% of the company’s stock.

Healthcare Triangle Company Profile

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Healthcare Triangle, Inc (NASDAQ: HCTI) is a specialized digital transformation and cloud consulting firm focused on the healthcare industry. The company delivers a range of professional and managed services that help healthcare organizations modernize their IT infrastructure, optimize data workflows and achieve regulatory compliance.

Its core offerings include cloud architecture design and implementation, enterprise data platform development, application modernization and managed IT operations.

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