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CTEV · Claritev Corp

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$26.82 -0.08 (-0.30%) At close · Nov 13
Market Cap
$457.95M
Shares
17.07M
Volume · Nov 13 175.35K Avg daily vol (3M) 202.02K

Price & Indicators

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20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$26.82 Open$28.09 Day$26.77–28.32 52W close$13.47–54.87 Avg vol 30d268K Short int770K · 4.5% of shares · 2.9d Short vol40% Last earningsNov 9, 2026 DataApr 2020–Nov 2026 Filing10-Q · Nov 9

Up next

Feb 22, 2027 Est · unconfirmed · in 14 wks

Latest documents

2026
Nov 9
Earnings call
Full-year guidance raised; 2027 revenue expected at least $1.1 billion

Claritev Corporation raised full-year revenue guidance to $1.038 billion to $1.043 billion and adjusted EBITDA guidance to $625 to $630 million, while expecting at least $1.1 billion of revenue in 2027.

4 source passages
We're raising our full-year revenue guidance to a new range of $1.038 billion to $1.043 billion, a $30.5 million increase at the midpoint from our previous guidance. We are raising our full-year adjusted EBITDA guidance to $625 to $630 million, an increase of $12.5 million at the midpoint. We now expect to achieve at least $1.1 billion of revenue in 2027, driven by our strong performance this year, continued momentum in ACV bookings, and the ability of our growth and operation teams to translate those bookings into revenue. Thank you for standing by, and welcome to the Claritev Corporation 3rd Quarter 2026 Earnings Conference Call. Open the document at this passage
Nov 9
Quarterly report 10-Q FY2026 Q3, ended Sep 30
Revenue rises while IT control weaknesses persist

Claritev reported revenue increased $22.4 million, or 9.1%, for the three months ended September 30, 2026, while operating income rose 104.9% to 20,627 (in thousands). IT general-control material weaknesses remained unremediated, leaving disclosure controls ineffective.

Revenue $268.31M ▲ 9.1% Net loss $61.78M Diluted EPS -$3.64
Read from the MD&A section
5 source passages
Revenues increased by $22.4 million, or 9.1%, for the three months ended September 30, 2026, as compared to the three months ended September 30, 2025. Operating income | 20,627 | 10,067 | 10,560 | 104.9% The Company, primarily through its operating subsidiary, Multiplan, Inc., d/b/a Claritev, offers its solutions nationally through a range of solution lines, which include: As of December 31, 2025, the Company identified material weaknesses over certain information technology ("IT") general controls that were disclosed in Part II, Item 9A of the Company’s Form 10-K, which remained unremediated as of September 30, 2026. Based on this evaluation, our principal executive officer and principal financial and accounting officer have concluded that, as of September 30, 2026, as a result of the material weakness in our internal control over financial reporting described below, our disclosure controls and procedures were not effective to provide reasonable assurance that the information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer and our Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure. Open the document at this passage
Nov 9
Current report 8-K
Claritev raises 2026 outlook as Q3 revenue grows

Claritev Corporation reported Q3 2026 revenues of $268.3 million, up 9.1%, and a net loss of $61.8 million, while raising 2026 revenue guidance to $1.038 billion to $1.043 billion. It also introduced preliminary 2027 revenue expectations of $1.1 billion.

6 source passages
Revenues of $268.3 million for Q3 2026, an increase of 9.1%, compared to revenues of $246.0 million for Q3 2025. Net loss of $61.8 million for Q3 2026, compared to net loss of $69.8 million for Q3 2025. Claritev Corporation ("Claritev" or the "Company") (NYSE: CTEV), a technology, data and insights company focused on making healthcare more affordable, transparent and fair for all, today reported financial results for the third quarter ended September 30, 2026. With increasing top-line momentum, we intend to continue investing in innovation and growth, while maintaining our focus on profitability and improving free cash flow conversion. Revenues | $1 billion to $1.02 billion | $1.038 billion to $1.043 billion We are now running approximately a year ahead of our March 2026 Investor Day plan, with preliminary 2027 revenue expectations of $1.1 billion. Open the document at this passage
All documents

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$1.02B
Trailing 12 months
Net income (TTM)
−$275.14M
Trailing 12 months
Revenue growth YoY
+9.1%
Year over year
Operating margin
4.2%
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
-6.1%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
−$4.64B
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+3.0%
Year over year · more shares
Price change (1Y)
-39.3%
Trailing year
Short interest
4.5%
Latest settlement · 2.9 days to cover
View all 125 metrics

AI Brief

Q2 FY26 earnings call · Aug 7, 2026
Q2 FY26

TL;DR. Claritev posted Q2 revenue of $257.5M (up 6.6% YoY) with Adjusted EBITDA of $155.8M, raised full-year revenue guidance to $1.00B–$1.02B and Adjusted EBITDA to $610M–$620M, and reported $74M of H1 bookings tracking ahead of its $100M full-year target, though GAAP results remain in a net loss and Adjusted EBITDA margin compressed to 60.5%.

Bullish
  • + Q2 revenue grew 6.6% YoY to $257.5M, the fifth straight quarter of YoY growth and the highest in 15 quarters
  • + Q2 free cash flow of $54.6M was up 49% YoY and operating cash flow of $92.7M was up 51%
  • + Q2 Adjusted EBITDA of $155.8M increased 1.1% YoY and was the strongest in 13 quarters on an absolute dollar basis
Bearish
  • − Adjusted EBITDA margin compressed to 60.5% from 63.8% in Q2 2025
  • − Q2 network revenue declined YoY on a reported basis due to lapping a $5.4M one-time item

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Neutral
SellHoldBuy
Technical Buy Momentum Strong Sentiment Bullish Fundamentals Fair Quant / Vol Very High
Market backdrop VIX 19.3 · elevated Equity put/call 0.63
Technical
price trend
Buy
50 / 200-day cross No cross
Price vs 200-day avg +5%
above
Price vs 50-day avg +2%
above
RSI (14) 57
neutral
MACD trend Positive
52-week position 32%
mid-range
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Strong
1-month return +21%
trailing
6-month return +23%
trailing
YTD return −37%
this year
Relative strength +23%
vs S&P · 6-mo
Sentiment
smart money
Bullish
Trend (MA cross) No cross
50d $26 › 200d $25 — 50d above 200d
Institutional flow Accumulating
75 of 103 funds reported for Sep 30 · net +947.3K sh shares · +12 new
Insider flow Distributing
Net -$1.4M over 90 days · 50% sells
Short interest Falling
4.51% of shares out · ▼ -16.1% MoM · 2.9 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
103 holders — near 6-yr high, broad support
Squeeze score 62
elevated · 0–100
Fundamentals
Fair
Revenue growth +4%
Y/Y
EPS growth +83%
Y/Y
Free cash flow $-12.3M
Buyback $75.0M
authorized
Balance sheet $4.6B
net debt
Quant / Vol
risk profile
Very High
Volatility 117%
annualized · 1-yr
Max drawdown −75%
past year
ATR 9.2%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Beat or met 5 of last 8
Latest guidance · from the Earnings Call filed Aug 7, 2026
Revenue · full year Raised $1B – $1.02B
May 7, 2026 $985M – $1B changed to Aug 7, 2026 $1B – $1.02B
prior FY $965.41M midpoint +4.6% Y/Y
Adjusted EBITDA · full year Non-GAAP Raised $610M – $620M
May 7, 2026 $605M – $615M changed to Aug 7, 2026 $610M – $620M
Adjusted EBITDA margin · full year Non-GAAP Lowered 61%
May 7, 2026 61% – 62% changed to Aug 7, 2026 61%
Total capital spent · full year $160M – $170M
Free cash flow · full year Non-GAAP Raised $5M – $15M
May 7, 2026 $0 – $10M changed to Aug 7, 2026 $5M – $15M
ACV bookings growth · full year at least 50%
Guided vs delivered · last 8 settled
Revenues full-year 2024
guided $935M – $955M
$930.62M Miss −1.5%
Revenues Q3 2024
guided $230M – $245M
$230.5M In line
Revenues Q2 2024
guided $235M – $250M
$233.48M Miss −3.7%
Revenues Q1 2024
guided $235M – $250M
$234.51M Miss −3.3%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy
0 · 4 · 3
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
+5% Bullish
Price vs 50-day avg
+2% Bullish
RSI (14)
57 Neutral
MACD trend
Positive Bullish
52-week position
32% Neutral
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross) No cross
50d $26 › 200d $25 — 50d above 200d
Institutional flow Accumulating
75 of 103 funds reported for Sep 30 · net +947.3K sh shares · +12 new
Insider flow Distributing
Net -$1.4M over 90 days · 50% sells
Short interest Falling
4.51% of shares out · ▼ -16.1% MoM · 2.9 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
103 holders — near 6-yr high, broad support
Price context
position in its 52-week range
Range low $13 Now $27 · 32% Range high $55
vs 200-day avg +5% vs 50-day avg +2%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings
Metric Latest Period YoY
Adjusted Cash Conversion Ratio non-GAAP 42% Six Months Ended June 30, 2026 —
Adjusted earnings per share non-GAAP $1.41 Three Months Ended June 30, 2026 filing —
Adjusted EBITDA non-GAAP $302.71M Six Months Ended June 30, 2026 —
Adjusted EBITDA Margin non-GAAP 60.5% Q2 2026 —
Adjusted net income non-GAAP $23.98M Three Months Ended June 30, 2026 filing —
GAAP → non-GAAP reconciliation
GAAP Net loss -59.23M
+85.91M Amortization of intangible assets
+2.57M Legal expenses associated with antitrust matters
+309K Loss on disposal of assets, including right-of-use assets
+9.25M Transformation costs
+25K Other expenses, net
+0K Integration expenses
+0K Transaction costs related to refinancing transaction
+9.53M Stock-based compensation, including cRSUs
-24.39M Estimated tax effect of adjustments
= Adjusted net income 23.98M
EBITDA $251.84M Six Months Ended June 30, 2026 —
Free cash flow non-GAAP -$37.96M Six Months Ended June 30, 2026 —
Unlevered Free Cash Flow non-GAAP $126.25M Six Months Ended June 30, 2026 —

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Health Information Services — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
CTEV
Claritev Corp
this stock
$457.95M -37.3% +3.7% — 4.5%
VEEV
Veeva Systems Inc
$48.82B +35.1% +28.1% 49.4 2.4%
PMDIY
Pro Medicus Ltd.
$14.81B -14.6% — — 0.0%
BTSG
BrightSpring Health Services, Inc.
$14.17B +90.1% +28.2% 38.7 5.8%
TEM
Tempus AI, Inc.
$13.06B +21.3% +83.4% — 13.5%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
110
% held
87.8%
Reported
75 of 103
Top holder
H&F Corporate Investors V…
Held Float
View
Held by Funds
Fund positions
106
View
Short & Settlement
Short Interest Falling
Shares short
770.0K
Days to cover
2.9d
Change
-147.3K sh
View
Short Volume
Short vol %
40%
As of
Nov 13, 2026
Short Total
View
Fails to Deliver
FTD shares
258
Value
$5.6K
As of
Sep 30, 2026
View
Off-Exchange
Off-exchange %
47.8%
Week of
Oct 5, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$1.4M
Buyers / Sellers
1 / 1
Buyers Sellers
View
Financials
Financials
Revenue (FY)
$965.4M
Net income (FY)
$-284.3M
EPS diluted
$-17.30
View
Buybacks
Authorized
$75.0M
View
Filings
SEC Filings
Latest
10-Q
Filed
Nov 9, 2026
This year
23

Claritev reported revenue increased $22.4 million, or 9.1%, for the three months ended September 30, 2026, while operating income rose 104.9% to 20,627 (in thousands). IT general-control material weaknesses remained unremediated, leaving disclosure controls ineffective.

View
Proposed Sales
Value
$602.7K
Shares
60.3K
Filed
Nov 12, 2026
View
Earnings & Events
Webcasts
Last webcast
Nov 9, 2026
View
Investor Relations
Latest news
Claritev Corporation Announces Se…
Published
Jul 16, 2026
View

Performance

5D 20D 120D MTD YTD
CTEV +18.1% +21.3% +23.3% +11.8% -37.3%
SPY +2.6% -1.2% +0.5% -0.2% +10.6%
vs SPY +15.5% +22.4% +22.8% +11.9% -47.9%

Capital returns

Buyback program · as of Dec 18, 2025
Authorized
$75.00M
Spent (derived)
—
Remaining
—

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1793229 CUSIP 62548M209 13F (30d) 70 filings 66 filers Visit website Investor relations