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Celebrus Technologies ( (GB:CLBS) ) just unveiled an update.
Celebrus Technologies has secured a three-year contract with a major UK retail financial services institution, transitioning from Adobe to Celebrus’s platform. This contract, valued at $2.9 million, will enhance Celebrus’s Annual Recurring Revenue (ARR) by $0.8 million in its first year, contributing to a 14% increase in Celebrus ARR to $15.5 million. The deal underscores the effectiveness of Celebrus’s direct sales strategy and its potential for continued growth across diverse sectors and geographies.
The most recent analyst rating on (GB:CLBS) stock is a Buy with a £475.00 price target. To see the full list of analyst forecasts on Celebrus Technologies stock, see the GB:CLBS Stock Forecast page.
Spark’s Take on GB:CLBS Stock
According to Spark, TipRanks’ AI Analyst, GB:CLBS is a Neutral.
D4t4 Solutions demonstrates strong financial health, particularly in cash flow, and maintains a stable balance sheet. However, technical analysis indicates bearish market sentiment and oversold conditions. Valuation is reasonable but not compelling enough to counteract the negative technical signals.
To see Spark’s full report on GB:CLBS stock, click here.
More about Celebrus Technologies
Celebrus Technologies Plc is a global leader in enhancing marketing effectiveness and preventing fraud across various industries. The company focuses on improving brand-consumer relationships through advanced data management solutions, offering seamless data capture across digital channels and ensuring compliance. Celebrus operates in over 30 countries and is listed on the AIM Market of the London Stock Exchange.
Average Trading Volume: 93,322
Technical Sentiment Signal: Sell
Current Market Cap: £66.31M
Learn more about CLBS stock on TipRanks’ Stock Analysis page.