Clarivate Plc (CLVT)

NYSE: CLVT · IEX Real-Time Price · USD
6.71
-0.02 (-0.30%)
Sep 29, 2023, 4:00 PM EDT - Market closed
-0.3%
Market Cap 4.54B
Revenue (ttm) 2.61B
Net Income (ttm) -4.25B
Shares Out 676.23M
EPS (ttm) -6.34
PE Ratio n/a
Forward PE 8.33
Dividend n/a
Ex-Dividend Date n/a
Volume 5,815,360
Open 6.79
Previous Close 6.73
Day's Range 6.70 - 6.92
52-Week Range 6.41 - 11.99
Beta 1.19
Analysts Hold
Price Target 8.31 (+23.85%)
Earnings Date Nov 7, 2023

About CLVT

Clarivate Plc, an information, analytics, and workflow company, provides structured information and analytics for discovery, development, protection, commercialization, and measurement of scientific research, innovations, and brands. The company operates through three segments: Academia and Government, Life Sciences and Healthcare, and Intellectual Property. It offers Web of Science products and services, such as Web of Science, InCites, Journal Citation Reports, EndNote, ProQuest One, Pivot, Polaris, eBook Central, Vegs, Alma, ScholarOne, Conv... [Read more]

Sector Technology
Founded 2016
Employees 11,800
Stock Exchange NYSE
Ticker Symbol CLVT
Full Company Profile

Financial Performance

In 2022, Clarivate's revenue was $2.66 billion, an increase of 41.71% compared to the previous year's $1.88 billion. Losses were -$4.04 billion, 1193.5% more than in 2021.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for CLVT stock is "Hold." The 12-month stock price forecast is $8.31, which is an increase of 23.85% from the latest price.

Price Target
$8.31
(23.85% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Seven AI/ML for Life Sciences Companies Identified as Innovators in New Clarivate Companies to Watch Report

Rapid acceleration in IP creation and scientific knowledge drives growing acceptance of AI and ML in drug discovery and development United States and Mainland China continue to lead innovation and rem...

4 days ago - PRNewsWire

Clarivate Establishes Academia & Government Innovation Incubator and Acquires Alethea, an AI Student Engagement Solution

By incubating new technology with AI capabilities such as Alethea, Clarivate will further accelerate its strategy to advance knowledge through research and education LONDON , Sept. 26, 2023 /PRNewswir...

5 days ago - PRNewsWire

Clarivate Launches AI-Powered Tool to Simplify IP Budgets and Forecasts

New tool tracks and predicts IP costs more accurately and efficiently LONDON , Sept. 20, 2023 /PRNewswire/ -- Clarivate Plc  (NYSE:CLVT), a global leader in connecting people and organizations to inte...

11 days ago - PRNewsWire

Clarivate Unveils Citation Laureates 2023 - Annual List of Researchers of Nobel Class

71 Citation Laureates named by the Institute for Scientific Information have gone on to receive a Nobel Prize LONDON , Sept. 19, 2023 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a global leader in conn...

12 days ago - PRNewsWire

Clarivate Announces Termination of Tax Benefits Preservation Plan

LONDON , Sept. 18, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizations to intelligence they can trust, today announced that its Board of Directors u...

13 days ago - PRNewsWire

Clarivate Annual G20 Scorecard Analyzes Global Research Performance Trends Across G20 Nations

New dynamic, interactive data visualizations illuminate shifts in global research landscape and enable rapid comparative analyses LONDON , Aug. 30, 2023 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a gl...

4 weeks ago - PRNewsWire

Clarivate to Present at the Goldman Sachs Communacopia + Technology Conference on September 7, 2023

LONDON , Aug. 24, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT) (the "Company" or "Clarivate"), a global leader in connecting people and organizations to intelligence they can trust to transform the...

5 weeks ago - PRNewsWire

New Clarivate Trends Data Shows California, New York, Texas, and Illinois Experiencing Largest Medicaid Growth

Bi-annual trend analysis of payers and government agencies shows significant growth and disruption for insurance exchange market across multiple states LONDON , Aug. 17, 2023 /PRNewswire/ -- Clarivate...

6 weeks ago - PRNewsWire

OhioLINK selects Ex Libris Alma and Primo as next library services platform

The cloud-based SaaS has demonstrated successes with complex consortial systems and will achieve OhioLINK's user-centered vision LONDON , Aug. 16, 2023 /PRNewswire/ -- OhioLINK, Ohio's academic librar...

6 weeks ago - PRNewsWire

Clarivate Launches Enhanced Search Powered by Generative Artificial Intelligence

Latest iteration of patent pending platform enables life sciences and pharmaceutical companies to access insights from billions of proprietary data points LONDON , Aug. 9, 2023 /PRNewswire/ -- Clariva...

7 weeks ago - PRNewsWire

Clarivate to Present at Oppenheimer's 26th Annual Technology, Internet & Communications Conference on August 8

LONDON , Aug. 3, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT) (the "Company" or "Clarivate"), a global leader in connecting people and organizations to intelligence they can trust to transform thei...

2 months ago - PRNewsWire

Clarivate Reports Second Quarter 2023 Results

— Updates 2023 Outlook — LONDON , Aug. 3, 2023 /PRNewswire/ -- Clarivate Plc - (NYSE: CLVT) (the "Company" or "Clarivate"), a global leader in connecting people and organizations to intelligence they ...

2 months ago - PRNewsWire

Clarivate Enhances Patient Data Intelligence Solution with Addition of German Hospital Prescribing Insights

New data captures German prescribing insights providing researchers with aggregated, anonymised specialty prescribing habits across brands and diseases LONDON , July 27, 2023 /PRNewswire/ -- Clarivate...

2 months ago - PRNewsWire

Clarivate Releases Innovators to Watch 2023 Report

Identifies 36 companies and organizations on the cusp of Top 100 Global Innovators status LONDON, July 25, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and org...

2 months ago - PRNewsWire

BioWorld by Clarivate Recognized for Excellence in Publishing

Suite of news services receives four 2023 APEX Awards for Publications Excellence    LONDON , July 19, 2023 /PRNewswire/ -- BioWorld™ published by  Clarivate Plc (NYSE:CLVT), a global leader in connec...

2 months ago - PRNewsWire

Clarivate Enriches Web of Science Platform with Integration of ProQuest Dissertations and Theses Global

Discovery and access to >5.5 million global dissertations and theses to make research more efficient    LONDON , July 13, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting...

2 months ago - PRNewsWire

Clarivate to Report Second Quarter 2023 Results on August 3, 2023

LONDON , July 7, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform their world, announced today it wil...

3 months ago - PRNewsWire

Clarivate Top 100 New Brands Report Reveals Mainland China and United States Are Epicenters of Brand Creation

From ESPN to Yuga Labs – Software, media, fintech and finance and electronics brands comprise nearly one third of the list LONDON , June 29, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global l...

3 months ago - PRNewsWire

Clarivate Unveils Journal Citation Reports 2023 - a Trusted Resource to Support Research Integrity and Promote Accurate Journal Evaluation

Reports reveal insights into the world's leading journals - more than 9,000 quality journals from more than 3,000 publishers receive a Journal Impact Factor for the first time LONDON , June 28, 2023 /...

3 months ago - PRNewsWire

Clarivate Announces Partnership with AI21 Labs as part of its Generative AI Strategy to Drive Growth

Embedding generative AI to enable market-leading academic conversational discovery LONDON , June 22, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizat...

3 months ago - PRNewsWire

Clarivate Report Urges Shift from Single Metrics to Visual Research Profiles

Institute for Scientific Information illustrates how visualizations of publication and citation data 'unpack' information overlooked with focus on simple metrics alone LONDON , June 21, 2023 /PRNewswi...

3 months ago - PRNewsWire

Mitsubishi Electric Chooses IPfolio from Clarivate

End-to-end IP management solution empowers IP operations team LONDON , June 1, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and organizations to intelligence t...

4 months ago - PRNewsWire

Clarivate to Present at Upcoming Investor Conferences in June 2023

LONDON , May 31, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT) (the "Company" or "Clarivate"), a global leader in connecting people and organizations to intelligence they can trust to transform thei...

4 months ago - PRNewsWire

Clarivate Amends Share Repurchase Program as Part of Balanced Capital Allocation Plan

Board to Resume Share Repurchases Following Progress toward Target Leverage Range LONDON , May 24, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT) (the "Company" or "Clarivate"), a global leader in co...

4 months ago - PRNewsWire

Food and Drug Administration (FDA) and Clarivate Extend Material Transfer Agreement for Three Additional Years

Partnership enables agency-wide access to OFF-X translational safety intelligence solution LONDON , May 23, 2023 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in connecting people and or...

4 months ago - PRNewsWire