Clarivate Plc (NYSE:CLVT) is one of the best cheap stocks under $10 to buy now. Clarivate Plc (NYSE:CLVT) reported its fiscal Q3 2025 results on October 29, with revenues for the quarter reaching $623.1 million, compared to total revenues of $622.2 million in fiscal Q3 2024.
However, total revenues for the nine months of 2025 were $1.838 billion, compared to total revenues of $1.893 billion in the prior year period. This drop was primarily due to inorganic divestitures and disposals. However, organic revenues in nine months of 2025 grew 0.2%, primarily attributed to a 0.6% increase in organic recurring revenues. These trends were, however, partially offset by lower organic transactional revenues.
Clarivate Plc (NYSE:CLVT) revised its revenue outlook for the full year 2025 upward, highlighting increased transactional book sales before the planned June 2026 disposal, along with the favorable effect of a weaker US dollar.
Following the earnings release, Goldman Sachs lowered the price target on Clarivate Plc (NYSE:CLVT) to $4.20 from $4.80 on October 31, keeping a buy rating on the shares. However, William Blair analyst Andrew Nicholas maintained a neutral stance on the stock on October 30, giving it a Hold rating.
While Clarivate Plc (NYSE:CLVT) reported fiscal Q3 revenue that surpassed expectations due to higher-than-expected transactional revenues in the government and academic sectors, the growth stemmed from lower-margin sales, causing only modest improvement in EPS and adjusted EBITDA.
In addition, while management lifted the full-year revenue guidance due to favorable conditions, the overall growth outlook presents a mixed picture, with subscription growth and recurring revenue slightly underperforming expectations.
Clarivate Plc (NYSE:CLVT) provides global information, workflow solutions, and analytics. The company operates through the following segments: Academia and Government (A&G), Intellectual Property (IP), and Life Sciences and Healthcare (LS&H).
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Disclosure: None. This article is originally published at Insider Monkey.