CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) Issues Quarterly Earnings Results

CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) released its quarterly earnings data on Thursday. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.05 by $0.05, FiscalAI reports. CCC Intelligent Solutions Holdings Inc. Common Stock had a return on equity of 7.07% and a net margin of 3.81%.The company had revenue of $285.93 million for the quarter. CCC Intelligent Solutions Holdings Inc. Common Stock’s revenue was up 9.8% compared to the same quarter last year.

Here are the key takeaways from CCC Intelligent Solutions Holdings Inc. Common Stock’s conference call:

• Positive Sentiment: CCC reported Q2 revenue of $286 million, up 10% year over year and above the high end of guidance, while adjusted EBITDA reached $115 million, also ahead of expectations.
• Positive Sentiment: AI-based solutions generated approximately 11% of revenue and grew about 45% year over year, contributing four percentage points of quarterly growth. Management said major insurers and repair networks are moving AI deployments from pilots into production, including expanded adoption of FirstLook, subrogation, and other workflow solutions.
• Positive Sentiment: CCC raised and narrowed its full-year 2026 revenue outlook to $1.158 billion-$1.164 billion, representing roughly 9.5%-10% growth, while maintaining expectations for $485 million-$491 million of adjusted EBITDA and continued margin expansion.
• Positive Sentiment: Free cash flow increased 36% year over year to $308 million on a trailing 12-month basis, with a 28% margin, giving the company flexibility to invest, manage leverage, and return excess capital to shareholders.
• Negative Sentiment: Adjusted gross margin declined to 76% from 78% a year earlier, and second-half revenue growth is expected to face an approximately one-point headwind from the roll-off of legacy first-party business.

CCC Intelligent Solutions Holdings Inc. Common Stock Price Performance

NASDAQ CCC opened at $6.09 on Friday. The company has a market cap of $3.57 billion, a P/E ratio of 76.13 and a beta of 0.51. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.73. CCC Intelligent Solutions Holdings Inc. Common Stock has a 12 month low of $4.08 and a 12 month high of $10.50. The company’s fifty day moving average is $5.23.

Wall Street Analyst Weigh In

CCC has been the subject of a number of recent research reports. Weiss Ratings upgraded CCC Intelligent Solutions Holdings Inc. Common Stock from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 4th. Stifel Nicolaus restated a “buy” rating and issued a $9.00 price target on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a report on Thursday, July 2nd. Citigroup cut CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $10.00 to $6.00 in a report on Friday, April 10th. Barrington Research reaffirmed an “outperform” rating and issued a $14.00 price objective on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a research report on Friday, April 24th. Finally, Wall Street Zen lowered shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “hold” rating in a research note on Saturday. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $9.00.

CCC Intelligent Solutions Holdings Inc. Common Stock Company Profile

CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies, and applications for the property and casualty insurance economy. The company’s SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, AI-enabled digital workflows. It operates in a single segment being Domestic segment, which provides SAAS platform for the P&C insurance economy and derives revenues from providing customers with software subscriptions to the platform in addition to providing professional services and non-software services.