Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Clorox ( (CLX) ).
On April 1, 2026, Clorox completed its previously announced acquisition of GOJO Industries, the maker of Purell, bringing the well-known sanitizing brand and GOJO’s broader health and hygiene solutions under the Clorox umbrella. The deal, structured as a purchase of all issued and outstanding membership interests, creates a new Clorox Purell business unit led by GOJO’s president Carey Jaros and keeps operations based in Akron and several other Ohio locations, broadening Clorox’s product portfolio and strengthening its position in both consumer and institutional hygiene markets.
Management framed the acquisition as a strategic milestone that unites two trusted, purpose-driven brands with complementary consumer and B2B capabilities, aiming to deliver a more comprehensive health and hygiene offering and drive both near- and long-term value. By retaining GOJO’s leadership team and facilities while integrating Purell into its global brand lineup, Clorox seeks to scale the combined business, deepen relationships with institutional end users, and reinforce its competitive standing in the growing hygiene and well-being space.
The most recent analyst rating on (CLX) stock is a Hold with a $98.00 price target. To see the full list of analyst forecasts on Clorox stock, see the CLX Stock Forecast page.
Spark’s Take on CLX Stock
According to Spark, TipRanks’ AI Analyst, CLX is a Neutral.
CLX scores moderately due to improved profitability and solid free cash flow, but is held back by the weak revenue trend and balance-sheet leverage/negative equity. Technicals are soft, while valuation and dividend yield provide some support; guidance is reaffirmed but near-term ERP and category/pricing pressures keep the outlook balanced.
To see Spark’s full report on CLX stock, click here.
More about Clorox
The Clorox Company is a U.S.-based consumer products manufacturer focused on health, hygiene and household staples, headquartered in Oakland, California and operating since 1913. Its portfolio spans cleaning, disinfecting and lifestyle brands such as Clorox, Pine-Sol, Glad, Kingsford, Brita, Burt’s Bees, Fresh Step, Hidden Valley and, following this deal, the hand hygiene brand Purell.
Average Trading Volume: 2,249,127
Technical Sentiment Signal: Sell
Current Market Cap: $12.53B
See more insights into CLX stock on TipRanks’ Stock Analysis page.