Israeli Digital Intelligence Firm Cellebrite Cuts Forecasts, Shares Plunge on Wall Street
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Calcalist · 3 hours ago
What happened
Israeli digital intelligence firm Cellebrite reported Q2 2026 results below expectations, causing its stock to plunge on Wall Street. The company cut its full-year revenue and ARR forecasts, citing longer sales cycles and slower platform adoption. Concurrently, Cellebrite announced a CEO change, appointing Shivan Ramji to lead the company forward. Despite the setbacks, analysts maintain cautious optimism due to Cellebrite’s strong market position and advanced technology.
- 01Cellebrite’s Q2 2026 revenue rose 16% to $131.1 million but missed market expectations.
- 02The company lowered its full-year ARR forecast to $550-560 million and revenue guidance to $555-561 million.
- 03CEO Thomas Hogan was replaced by Shivan Ramji to lead the company’s next growth phase.
- 04Longer sales cycles and slow adoption of platform upgrades caused the financial shortfall.
- 05Analysts maintain a Moderate Buy rating with a $21.80 price target, implying 43% upside.
- 06Cellebrite’s federal security certification and AI tools strengthen its competitive edge.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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