Cellebrite DI Ltd.

NasdaqGS:CLBT Stock Report

Market Cap: US$2.8b

Cellebrite DI Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Shiv Ramji

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureno data
CEO ownershipn/a
Management average tenure1.5yrs
Board average tenure4.1yrs

Recent management updates

Recent updates

Narrative Update Aug 14

CLBT: Federal AI And Cloud Demand Will Support Premium Future P/E Potential

Cellebrite DI's analyst price target has shifted lower from about $21 to roughly $15, as analysts factor in the new CEO appointment, reduced 2026 revenue guidance, softer ARR trends, and longer sales cycles highlighted in recent research updates. Analyst Commentary Recent research on Cellebrite DI highlights a mixed setup.
Seeking Alpha Aug 13

Cellebrite Q2: This 33% Selloff Looks Like An Overreaction

Summary Cellebrite DI Ltd. experienced a 33% post-earnings drop, but I view this as an overreaction given its robust fundamentals. Q2 saw ARR and revenue growth miss guidance, management transition, and slower-than-expected Inseyets conversions, but core products and retention remain strong. CLBT maintains high gross margins (80%+), strong free cash flow (28%), and guides for high-teens revenue growth despite execution risks and rising stock-based compensation. I maintain a Buy rating on CLBT stock, citing a reasonable margin of safety at current valuation, even under conservative growth and margin assumptions. Read the full article on Seeking Alpha
Analysis Article Jun 20

Cellebrite DI (CLBT) Stock Could Be 23% Undervalued After Genesis AI Launch

Cellebrite DI (NasdaqGS:CLBT) is drawing fresh attention after announcing general availability of Cellebrite Genesis, an AI-driven digital evidence tool that early law enforcement users report is reshaping how complex investigations are handled. See our latest analysis for Cellebrite DI. The Cellebrite DI share price has pulled back in recent months, with a 90 day share price return of 10.09% and a year to date share price return of 28.08% in the red. However, the 3 year total shareholder...
Narrative Update Jun 19

CLBT: AI Evidence Platform And Cloud Authorizations Will Shape Earnings Power

Analysts have adjusted the Cellebrite DI price target from $18 to $15, citing updated views on valuation multiples, while still highlighting a large and growing addressable market and multiple drivers for recurring revenue growth. Analyst Commentary on Cellebrite DI Recent research on Cellebrite DI reflects a mix of optimism about the company's addressable market and recurring revenue potential, alongside a more cautious stance on valuation.
Narrative Update Jun 04

CLBT: Federal AI And Cloud Adoption Will Support Premium P/E Potential

Analysts have nudged the fair value estimate for Cellebrite DI slightly lower from $21.67 to $21.00, tying this adjustment to modestly revised assumptions for revenue growth, profit margins, and future P/E multiples, following recent research that highlights both multiple compression and a large, growing addressable market. Analyst Commentary Recent research highlights a mix of optimism and caution on Cellebrite DI, with views anchored in the size of the opportunity, the pace of recurring revenue growth, and the impact of multiple compression on valuation.
Narrative Update May 19

CLBT: Multiple Compression And Cloud Wins Will Shape Medium Term Earnings Power

Cellebrite DI’s analyst price target has been revised from $23 to $15, as analysts factor in multiple compression alongside updated assumptions for the discount rate, revenue growth, profit margin, and forward P/E. Analyst Commentary Bearish analysts have trimmed price targets on Cellebrite DI, highlighting concerns that the stock’s prior valuation left limited room for error even as quarterly results compared well with consensus expectations.
Narrative Update Apr 22

CLBT: Updated Risk Profile And 2026 Guidance Will Support Premium P/E Potential

Analysts have trimmed their price targets on Cellebrite DI by $2. This reflects updated views on the stock's risk profile and valuation assumptions, while core growth and margin expectations remain largely unchanged.
Narrative Update Apr 07

CLBT: Updated Modeling And 2026 Guidance Will Support Premium P/E Potential

Cellebrite DI's analyst price targets have been trimmed by $2, with analysts linking the adjustment to updated assumptions around the discount rate, long term revenue growth, profit margins, and future P/E expectations. Analyst Commentary Analysts trimming their price targets by $2 are tying the move to refreshed views on discount rates, long term revenue growth, profit margins, and future P/E assumptions, rather than a single company specific event.
Narrative Update Mar 24

CLBT: Refined Modeling And 2026 Guidance Will Support Premium P/E Potential

Analysts trimmed their price targets for Cellebrite DI by $2 to $21.67, citing updated assumptions on discount rate, long term revenue growth, profit margin and future P/E. These changes keep fair value broadly unchanged while slightly adjusting the risk and return profile.
Narrative Update Mar 09

CLBT: 2026 Revenue Guidance Will Support Earnings Power Despite P/E Recalibration

Analysts have trimmed their price targets on Cellebrite DI by $2, reflecting updated views on the stock's future P/E multiple and risk profile, while keeping key growth and profitability assumptions largely unchanged. Analyst Commentary Recent research updates suggest that analysts are adjusting their views on Cellebrite DI more around valuation mechanics than around its underlying business assumptions.
Narrative Update Feb 23

CLBT: Sustained Margins And 2026 Guidance Will Support Earnings Power

Analysts have adjusted their average price target on Cellebrite DI to about $21.67, down from the previous $24.71 level. The revised target reflects updated views on fair value, profit margins and future P/E assumptions following recent research updates from multiple firms.
Narrative Update Feb 08

CLBT: Higher Profitability Assumptions Will Support Stronger Medium Term Earnings Power

Analysts have raised their price target on Cellebrite DI from US$18.00 to US$23.00, citing updated assumptions around revenue growth, profit margins, discount rate, and future P/E as the key drivers of the change. What's in the News Cellebrite DI issued earnings guidance for the fourth quarter of 2025, with expected revenue between US$123 million and US$128 million and annual growth guidance of 13% to 17% (company guidance).
Narrative Update Jan 25

CLBT: Sustained Margins And 2025 ARR Guidance Will Support Earnings Power

Analysts have maintained their price target on Cellebrite DI at US$24.71, with only minor tweaks to inputs such as the discount rate and forward P/E, reflecting stable expectations around revenue growth and profit margin assumptions. What's in the News Cellebrite DI issued earnings guidance for the fourth quarter of 2025, targeting revenue of US$123 million to US$128 million, with annual growth of 13% to 17% (company guidance).
Analysis Article Jan 13

Cellebrite DI Ltd.'s (NASDAQ:CLBT) Shareholders Might Be Looking For Exit

With a price-to-sales (or "P/S") ratio of 9.7x Cellebrite DI Ltd. ( NASDAQ:CLBT ) may be sending very bearish signals...
Narrative Update Jan 10

CLBT: Sustained Margin Strength Will Support Future Earnings Power

Analysts have maintained their fair value estimate for Cellebrite DI at US$24.71, making only minor adjustments to inputs such as the discount rate and long term P/E assumptions. This reflects a view that recent information does not materially alter their price outlook.
Narrative Update Dec 24

CLBT: Expanding Margins Will Support Stronger Earnings Power Ahead

Narrative Update on Cellebrite DI Analysts have modestly raised their price target on Cellebrite DI to approximately $24.71 per share, citing incremental improvements in the company’s discount rate assumptions and sustained expectations for high revenue growth and robust profit margins. What's in the News Cellebrite DI issued fourth quarter 2025 revenue guidance of $123 million to $128 million, implying year over year growth of 13% to 17% (company guidance).
Narrative Update Dec 10

CLBT: Expanding Margins Will Support Stronger Earnings Power Ahead

Narrative Update on Cellebrite DI Analysts have modestly raised their price target on Cellebrite DI to approximately $24.71 per share, reflecting slightly higher long term revenue growth and profit margin expectations that more than offset a marginally higher assumed discount rate and a modestly lower future P/E multiple. What's in the News Cellebrite DI issued revenue guidance for the fourth quarter of 2025, projecting between $123 million and $128 million, representing annual growth of 13% to 17% (company guidance).
Narrative Update Nov 26

CLBT: Profit Margins Will Drive Improved Earnings Outlook Into Next Year

Analysts have raised their price target for Cellebrite DI from $23.14 to $24.71. This change reflects increased confidence in the company’s stronger profit margins and revenue growth outlook.
Narrative Update Sep 23

Cloud SaaS Solutions Will Drive Digital Forensics Adoption

Cellebrite DI’s consensus price target was modestly raised to $23.14 as analysts anticipate near-term revenue softness due to U.S. federal budget constraints and delayed deal timing, while seeing future upside from eventual deal catch-up and FedRAMP progress. Analyst Commentary Slower-moving Q1 deals in Europe were completed in Q2, but persistent softness in U.S. federal deals is expected to continue until at least October, impacting near-term revenue.
Analysis Article Sep 09

What Cellebrite DI Ltd.'s (NASDAQ:CLBT) 26% Share Price Gain Is Not Telling You

Cellebrite DI Ltd. ( NASDAQ:CLBT ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Aug 18

Earnings Beat: Cellebrite DI Ltd. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

NasdaqGS:CLBT 1 Year Share Price vs Fair Value Explore Cellebrite DI's Fair Values from the Community and select yours...
Narrative Update Aug 15

Cloud SaaS Solutions Will Drive Digital Forensics Adoption

Cellebrite DI’s consensus price target held steady at $23.00 as analysts factor in near-term headwinds from delayed federal spending and efficiency impacts, yet remain positive about long-term growth driven by healthy demand and anticipated federal certifications. Analyst Commentary Lowered Q2 results and second half guidance due to ongoing efficiency impacts and customer budget pauses.
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New Narrative Apr 26

Cloud-Ready AI And Inseyets Migration Will Expand Digital Capabilities

Shift to cloud-based AI platforms and expansion in digital investigations are set to boost revenue through subscription services and high-margin solutions.
Seeking Alpha Apr 24

Cellebrite DI: A Compounder But Not Yet Priced For Conviction Buy

Summary Cellebrite DI Ltd. is a high-quality, capital-light business with mission-critical software, strong fundamentals, and a sticky customer base. Despite robust growth prospects, the current base case valuation implies a flat IRR, below my preferred 15% hurdle, leading me to rate the stock as a Hold. It faces risks from regulatory and reputational sensitivity, evolving smartphone encryption, reliance on public sector budgets, rising niche competition, and the potential for valuation compression if growth or margins disappoint. Read the full article on Seeking Alpha
Analysis Article Feb 16

Cellebrite DI Ltd. (NASDAQ:CLBT) Analysts Are Pretty Bullish On The Stock After Recent Results

It's been a sad week for Cellebrite DI Ltd. ( NASDAQ:CLBT ), who've watched their investment drop 19% to US$20.50 in...
Seeking Alpha Feb 04

Cellebrite DI: Attractive Company In Connection With AI And Digital Investigation

Summary Cellebrite DI is a top digital forensics play with high barriers to entry, double-digit growth, positive FCF, and a strong balance sheet. The company serves major police forces and Fortune 100 companies, with significant room for growth and high switching costs due to security clearances and data. Cellebrite's competitive edge includes user-friendly digital investigation tools, advanced phone encryption cracking, and AI capabilities, making it essential for law enforcement. Despite risks like share dilution and new management, Cellebrite's fair valuation and potential for exceeding market expectations make it an attractive long-term investment. Read the full article on Seeking Alpha

CEO

Shiv Ramji

no data
Tenure

Mr. Shiven Ramji, also known as Shiv, was President of Products & Technology of Cellebrite DI Ltd. from May 4, 2026 to August 13, 2026 and serves as CEO & Director since August 13, 2026. He was President o...


Leadership Team

NamePositionTenureCompensationOwnership
David Barter
Chief Financial Officer1.1yrsUS$1.89m0.13%
$ 3.7m
Marcus Jewell
Global Chief Revenue Officer2.8yrsUS$2.38m0.041%
$ 1.2m
Shiven Ramji
CEO & Directorno datano datano data
Christopher Wade
Chief Technology Officerless than a yearno data0.24%
$ 6.8m
Sigalit Shavit
Chief Information Officer2yrsno data0.033%
$ 921.7k
Andrew Kramer
VP of Investor Relations & Treasuryno datano datano data
Holly Windham
General Counsel & Chief Compliance Officerless than a yearno data0.038%
$ 1.1m
David Gee
Chief Marketing Officer2.4yrsno data0.00017%
$ 4.7k
Zohar Tadmor-Eilat
Chief People Officer3.6yrsno data0.052%
$ 1.4m
Evyatar Ramot
Head of AI Innovationno datano datano data
1.5yrs
Average Tenure
54yo
Average Age

Experienced Management: CLBT's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Shiven Ramji
CEO & Directorno datano datano data
Michael Capellas
Lead Independent Director1.6yrsno data0.0071%
$ 198.4k
Dafna Gruber
Independent External Director5yrsno data0.011%
$ 310.9k
Adam Clammer
Independent Chairman5yrsno data0.32%
$ 9.0m
Thomas Hogan
Director3yrsUS$10.80m0.32%
$ 8.8m
Troy Richardson
Independent Director2yrsno data0.0084%
$ 233.6k
Brandon Van Buren
Independent Director3.3yrsno data0.014%
$ 396.2k
Nadine Baudot-Trajtenberg
Independent External Director5yrsno data0.014%
$ 396.2k
Yonatan Domnitz
Independent Director6.3yrsno data0.024%
$ 677.2k
Ryusuke Utsumi
Independent Director6.3yrsno data0.016%
$ 454.5k
Koby Huberman
Advisory Board Memberno datano datano data
4.1yrs
Average Tenure
61yo
Average Age

Experienced Board: CLBT's board of directors are considered experienced (4.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/16 04:49
End of Day Share Price 2026/08/14 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cellebrite DI Ltd. is covered by 10 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tyler RadkeCitigroup Inc
Jeffrey Van RheeCraig-Hallum Capital Group LLC
Rudy KessingerD.A. Davidson & Co.