Clarivate Plc

Clarivate Plc Stock Forecast & Price Prediction

Live Clarivate Plc Stock (CLVT) Price
$6.74

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$6.74

P/E Ratio

30.75

Volume Traded Today

$3.5M

Dividend

Dividends not available for CLVT

52 Week High/low

9.61/4.97

Clarivate Plc Market Cap

$4.77B

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CLVT Summary

From what 0 stock analysts predict, the share price for Clarivate Plc (CLVT) might increase by 12.91% in the next year. This is based on a 12-month average estimation for CLVT. Price targets go from $5 to $10. The majority of stock analysts believe CLVT is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CLVT Analyst Ratings

CLVT is a stock in Technology which has been forecasted to be worth $7.61 as an average. On the higher end, the forecast price is $10 USD by Owen Lau from Oppenheimer and on the lower end CLVT is forecasted to be $5 by Manav Patnaik from Barclays.

CLVT stock forecast by analyst

These are the latest 20 analyst ratings of CLVT.

Analyst/Firm

Rating

Price Target

Change

Date

Ashish Sabadra
RBC Capital

Sector Perform

$7

Maintains

Aug 7, 2024
Manav Patnaik
Barclays

Underweight

$5

Maintains

Aug 7, 2024
George Tong
Goldman Sachs

Buy

$7.5

Maintains

May 9, 2024
Ashish Sabadra
RBC Capital

Sector Perform

$8

Maintains

Feb 28, 2024
Toni Kaplan
Morgan Stanley

Equal-Weight

$8

Maintains

Feb 28, 2024
Owen Lau
Oppenheimer

Outperform

$10

Maintains

Feb 28, 2024
Manav Patnaik
Barclays

Underweight

$6

Maintains

Feb 28, 2024
Owen Lau
Oppenheimer

Outperform

$11

Maintains

Jan 8, 2024
Seth Weber
Wells Fargo

Underweight

$8

Downgrade

Dec 15, 2023
Owen Lau
Oppenheimer

Outperform

$10

Maintains

Oct 5, 2023
Peter Christiansen
Citigroup

Neutral

$8

Maintains

Sep 26, 2023
Manav Patnaik
Barclays

Underweight

$7

Downgrade

Sep 8, 2023
Ashish Sabadra
RBC Capital

Sector Perform

$8

Downgrade

Aug 25, 2023
Heather Balsky
B of A Securities

Underperform

$6

Downgrade

Aug 7, 2023
Seth Weber
Wells Fargo

Equal-Weight

$8

Downgrade

Aug 4, 2023
George Tong
Goldman Sachs

Buy

$9.5

Maintains

Aug 4, 2023
Ashish Sabadra
RBC Capital

Outperform

$9

Maintains

Aug 4, 2023
Owen Lau
Oppenheimer

Outperform

$11

Maintains

Aug 4, 2023
Toni Kaplan
Morgan Stanley

Equal-Weight

$9

Maintains

Aug 4, 2023
Manav Patnaik
Barclays

Equal-Weight

$8

Maintains

Aug 4, 2023

CLVT Company Information

What They Do: Provides information services across multiple sectors.

Business Model: The company operates through three segments: Academia & Government, Life Sciences & Healthcare, and Intellectual Property, generating revenue through various information services and platforms. It earns money by offering subscription-based services, data analytics, and resource management tools to institutions, corporations, and legal entities, focusing on enhancing research capabilities and protecting intellectual property.

Other Information: Founded in 1864 and headquartered in London, Clarivate has a diverse client base including universities, law firms, and government agencies. The company rebranded from Clarivate Analytics Plc in May 2020, reflecting its broad range of services and focus on innovation and research support.
CLVT
Clarivate Plc (CLVT)

When did it IPO

2006

Staff Count

12,000

Country

United Kingdom

Sector/Industry

Technology/Information Technology Services

CEO

Mr. Jonathan Gear

Market Cap

$4.77B

Clarivate Plc (CLVT) Financial Data

In 2023, CLVT generated $2.63B in revenue, which was a decrease of -1.17% from the previous year. This can be seen as a signal that CLVT's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.25B

Revenue From 2021

$1.88B

49.66 %
From Previous Year

Revenue From 2022

$2.66B

41.71 %
From Previous Year

Revenue From 2023

$2.63B

-1.17 %
From Previous Year
  • Revenue TTM $2.60B
  • Operating Margin TTM 10.8%
  • Gross profit TTM $1.72B
  • Return on assets TTM 1.3%
  • Return on equity TTM -19.3%
  • Profit Margin -46.5%
  • Book Value Per Share 7.74%
  • Market capitalisation $4.77B
  • Revenue for 2021 $1.88B
  • Revenue for 2022 $2.66B
  • Revenue for 2023 $2.63B
  • EPS this year (TTM) $-1.91

Clarivate Plc (CLVT) Latest News

News Image

Wed, 25 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Clarivate Plc (NYSE:CLVT) has announced a new framework to assess the societal impact of research, enhancing its offerings in transformative intelligence.

Why It Matters - Clarivate Plc's new framework for evaluating research impact could enhance its service offerings, attract more clients, and improve revenue potential, influencing stock performance positively.

News Image

Mon, 23 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Clarivate Plc has partnered with Relatable Healthcare to improve product data management and efficiency for medtech sales and pricing teams, enhancing revenue potential.

Why It Matters - The partnership enhances product data management for medtech firms, potentially increasing efficiency and revenue, which may positively impact Clarivate's market position and stock performance.

News Image

Tue, 24 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Clarivate Plc released a report offering insights and best practices for enhancing intellectual property operations, based on survey findings.

Why It Matters - Clarivate's new report on optimizing IP operations signals potential growth in the IP sector, impacting valuation and strategy for companies reliant on intellectual property.

News Image

Thu, 19 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Clarivate Plc released its 2024 Citation Laureatesâ„¢ list, identifying researchers with significant citation records and societal impact, indicating potential future Nobel Prize winners.

Why It Matters - The Citation Laureatesâ„¢ list can influence investor sentiment towards Clarivate Plc, as it underscores the company's role in identifying potential Nobel winners, enhancing its market credibility.

News Image

Wed, 18 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - The 15th annual Clarivate Pharmavision India conference will feature discussions on AI in healthcare, cell and gene therapy, and market access, highlighting industry advancements.

Why It Matters - The conference highlights advancements in AI and therapies, indicating potential growth areas in healthcare. This could drive investment opportunities in biotech and related sectors.

News Image

Wed, 18 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Clarivate Plc (NYSE: CLVT) has launched Primoâ„¢ Research Assistant, an AI tool aimed at enhancing library discovery and helping users find trusted content more easily.

Why It Matters - Clarivate's launch of Primoâ„¢ Research Assistant enhances library discovery, potentially boosting user engagement and demand for its services, impacting future revenue growth.

...

CLVT Frequently asked questions

The highest forecasted price for CLVT is $10 from Owen Lau at Oppenheimer.

The lowest forecasted price for CLVT is $5 from Manav Patnaik from Barclays

The CLVT analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.