Clarivate Plc (NYSE:
CLVT) is one of the
Best Penny Stocks to Buy with the Highest Upside Potential. On September 11, Clarivate Plc (NYSE:CLVT) shared important business updates at the Goldman Sachs Communicopia + Technology Conference.
Management noted that they are focused on growing subscription revenue and are targeting AI across its products. The company aims for 90% of its revenue to come from subscriptions, which currently stands at 88%. Moreover, it is moving away from transactional sales, especially in Analytics & Guidance and Life Sciences, targeting a full transition by 2026. Management highlighted that the new digital products, like ProQuest e-books, support this shift.
Financially, Clarivate Plc (NYSE:CLVT)’s EBITDA margins are expected to shrink to 41% this year due to asset disposals. The company plans to complete a review of non-core assets by February 2026 to streamline its portfolio. Moreover, it also aims to reduce gross leverage from 4.3 times to below three.
Clarivate Plc (NYSE:CLVT) provides data, insights, analytics, and workflow solutions across Academia & Government, Intellectual Property, and Life Sciences & Healthcare.
While we acknowledge the potential of CLVT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the
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Disclosure: None. This article is originally published at
Insider Monkey.
