Stock Market Today, Aug. 13: Cellebrite Shares Plummet 29% After Missing Earnings, Cutting 2026 Revenue Guidance
Cellebrite DI (CLBT) shares fell 29.18% to $10.80 after the company missed quarterly earnings and cut full-year revenue guidance, including Q3 growth guidance of 19.5% and 2026 growth of 15%. The article also notes a CEO transition to Shiven Ramji and higher trading volume versus average.
How this was made
The 30-second read
Why it matters
The key new information is the combination of an earnings miss and a reduction in revenue growth guidance for both the near term (Q3) and longer term (2026), driving a large drawdown and high-volume trading.
Market read
This is a direct repricing event for CLBT, with traders likely focusing on whether the new CEO can reverse execution and margin trends after the guidance reset.
What to watch
New CEO Shiven Ramji taking over could change execution; traders may be over-weighting the guidance cut versus early product momentum and AI monetization progress.
Background
CLBT is a digital forensics and investigative intelligence software provider; it IPO’d in 2020 and has been a growth stock since.
Ticker impact
Cellebrite shares fell 29.18% after the company missed earnings and cut full-year revenue guidance, including 2026 growth.
Bearish near-term bias, with potential for further volatility as investors reprice growth and margin expectations.
The article cites a quarterly earnings miss and explicit guidance reductions for Q3 and 2026, coinciding with a large single-day selloff and heavy volume.
Market effects
Digital forensics and investigative intelligence software investors may demand faster growth and clearer margin trajectory after CLBT’s guidance reset.
Limited direct regional spillover; move is company-specific within US-listed software.
Modest global relevance, mainly affecting sentiment toward law-enforcement/enterprise investigation software providers.
Counterpoint
The article notes Guardian, Pathfinder, and Corellium products more than doubled sales and Genesis AI monetization began in Q2, which could offset the guidance cut if margins improve.
Key entities
- public_companyCellebrite DI
Digital forensics and investigative intelligence software provider whose shares dropped 29% after missing earnings and cutting revenue guidance.
- executiveShiven Ramji
Incoming CEO, previously President of Technology and Products at Cellebrite and prior ID business president at Okta.
