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

CCC Intelligent Solutions Holdings Inc. Common Stock (NASDAQ:CCC) announced its quarterly earnings data on Thursday. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.05, FiscalAI reports. The firm had revenue of $285.93 million for the quarter. CCC Intelligent Solutions Holdings Inc. Common Stock had a net margin of 3.18% and a return on equity of 6.08%. The company’s quarterly 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 Stock Performance

NASDAQ CCC traded down $0.02 on Thursday, hitting $6.03. The stock had a trading volume of 10,175,018 shares, compared to its average volume of 11,739,325. The business has a 50-day moving average of $5.17. The company has a market capitalization of $3.54 billion, a P/E ratio of 100.52 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 52-week low of $4.08 and a 52-week high of $10.50.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CCC. Wall Street Zen upgraded shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Citigroup lowered shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “buy” rating to a “neutral” rating and dropped their price target for the company from $10.00 to $6.00 in a research report on Friday, April 10th. Jefferies Financial Group set a $7.00 price objective on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a research report on Thursday. Barrington Research restated an “outperform” rating and set a $14.00 price target on shares of CCC Intelligent Solutions Holdings Inc. Common Stock in a research note on Friday, April 24th. Finally, Weiss Ratings raised shares of CCC Intelligent Solutions Holdings Inc. Common Stock from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 4th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average 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.