
CCCS Stock Forecast & Price Target
CCCS Analyst Ratings
Bulls say
CCC Intelligent Solutions Holdings Inc. reported a revenue increase of 9% for the full year 2024, reaching $944.8 million, alongside adjusted EBITDA growth of 12% to $397.4 million, which contributed to an improved adjusted EBITDA margin of 42%. The company experienced strong performance in the fourth quarter, with revenue rising 8% to $246.5 million, driven by significant contributions from cross-sell and upsell activities, as well as new customer acquisitions. Digital revenues represented 33.6% of total revenues in the fourth quarter, reflecting a year-over-year improvement and underscoring the company's successful transition towards cloud and AI-enabled services within the property and casualty insurance sector.
Bears say
CCC Intelligent Solutions Holdings Inc. faces challenges that contribute to a negative outlook, primarily due to a disappointing adjusted EBITDA forecast that falls short of both the company's estimate and consensus expectations, driven by losses associated with the EvolutionIQ acquisition. The anticipated decline in adjusted EBITDA margin from 42% in 2024 to 40% in 2025, compounded by higher depreciation expenses and a shift towards lower-margin casualty solutions, reflects underlying financial pressures. Furthermore, the significant negative impact of approximately $10-12 million on adjusted EBITDA from EvolutionIQ highlights concerns regarding the profitability of recent strategic decisions.
This aggregate rating is based on analysts' research of CCC Intelligent Solutions Holdings and is not a guaranteed prediction by Public.com or investment advice.
CCCS Analyst Forecast & Price Prediction
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