CCC Intelligent Solutions (CCCS) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CCC Intelligent Solutions in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CCCS shares.
View CCCS analyst ratings or view top-rated stocks.

9 brokerages have issued 1 year price objectives for CCC Intelligent Solutions' stock. Their CCCS share price forecasts range from $10.00 to $15.00. On average, they expect the company's stock price to reach $11.63 in the next year. This suggests a possible upside of 5.7% from the stock's current price.
View analysts price targets for CCCS or view top-rated stocks among Wall Street analysts.

CCC Intelligent Solutions' stock was trading at $8.70 on January 1st, 2023. Since then, CCCS stock has increased by 26.4% and is now trading at $11.00.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our CCCS earnings forecast.

CCC Intelligent Solutions Holdings Inc. (NYSE:CCCS) released its quarterly earnings results on Tuesday, May, 2nd. The company reported $0.07 EPS for the quarter, hitting analysts' consensus estimates of $0.07. The firm earned $204.90 million during the quarter, compared to analysts' expectations of $203.03 million. CCC Intelligent Solutions had a trailing twelve-month return on equity of 8.62% and a net margin of 3.57%. The company's revenue for the quarter was up 9.7% on a year-over-year basis. During the same period last year, the firm posted $0.08 earnings per share.

ETFs with the largest weight of CCC Intelligent Solutions (NYSE:CCCS) stock in their portfolio include SPDR S&P Software & Services ETF (XSW), First Trust Mid Cap Growth AlphaDEX Fund (FNY), WisdomTree U.S. ESG Fund (RESP) and iShares U.S. Technology ETF (IYW).iShares U.S. Tech Breakthrough Multisector ETF (TECB) and

CCC Intelligent Solutions updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $207.50 million-$209.50 million, compared to the consensus revenue estimate of $208.58 million.

CCC Intelligent Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCCS."

CCC Intelligent Solutions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.95%), Allspring Global Investments Holdings LLC (0.73%), Riverbridge Partners LLC (0.62%), Price T Rowe Associates Inc. MD (0.44%), State Street Corp (0.39%) and Summit Creek Advisors LLC (0.38%). Insiders that own company stock include Brian Herb, Eileen Schloss, Eric Wei, John Page Goodson, Marc Fredman, Mary Jo Prigge, Rodney Christo and William Ingram.
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Shares of CCCS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CCCS stock can currently be purchased for approximately $11.00.

CCC Intelligent Solutions (NYSE:CCCS) has a market capitalization of $6.91 billion and generates $800.54 million in revenue each year. The company earns $38.41 million in net income (profit) each year or $0.04 on an earnings per share basis.

The company employs 2,375 workers across the globe.

CCC Intelligent Solutions' mailing address is ONE LETTERMAN DRIVE BUILDING D SUITE M500, SAN FRANCISCO CA, 94129. The official website for the company is www.dragoneergrowth.com. The company can be reached via phone at 800-621-8070 or via email at ir@cccis.com.