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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05, FiscalAI reports. The business had revenue of $285.93 million for the quarter. CCC Intelligent Solutions Holdings Inc. Common Stock had a return on equity of 6.08% and a net margin of 3.18%.The firm’s revenue for the quarter was up 9.8% on a year-over-year basis.

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 Stock Up 0.2%

Shares of CCC opened at $6.06 on Friday. The company has a market capitalization of $3.56 billion, a P/E ratio of 101.02 and a beta of 0.51. The stock has a fifty day moving average of $5.20. CCC Intelligent Solutions Holdings Inc. Common Stock has a 52-week low of $4.08 and a 52-week high of $10.50. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.25 and a current ratio of 1.25.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on CCC shares. Stifel Nicolaus reissued a “buy” rating and issued a $9.00 target price on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a report on Thursday, July 2nd. Barrington Research reiterated an “outperform” rating and set a $14.00 price objective on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a research report on Friday, April 24th. Jefferies Financial Group set a $7.00 price objective on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a research note on Thursday. Citigroup downgraded shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $10.00 to $6.00 in a report on Friday, April 10th. Finally, Wall Street Zen upgraded shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, CCC Intelligent Solutions Holdings Inc. Common Stock presently has a consensus rating of “Hold” and a consensus price target of $9.00.

About CCC Intelligent Solutions Holdings Inc. Common Stock

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.