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CCIX
Upturn stock ratingUpturn stock rating

Churchill Capital Corp IX (CCIX)

Upturn stock ratingUpturn stock rating
$10.51
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/27/2025: CCIX (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $0

1 Year Target Price $0

Analysts Price Target For last 52 week
$0Target price
Low$
Current$10.51
high$

Analysis of Past Performance

Type Stock
Historic Profit 5.78%
Avg. Invested days 165
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 406.22M USD
Price to earnings Ratio 33.58
1Y Target Price -
Price to earnings Ratio 33.58
1Y Target Price -
Volume (30-day avg) -
Beta -
52 Weeks Range 9.99 - 11.66
Updated Date 05/20/2025
52 Weeks Range 9.99 - 11.66
Updated Date 05/20/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.33

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -
Return on Equity (TTM) -

Valuation

Trailing PE 33.58
Forward PE -
Enterprise Value 404000523
Price to Sales(TTM) -
Enterprise Value 404000523
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding 29475000
Shares Floating 18681744
Shares Outstanding 29475000
Shares Floating 18681744
Percent Insiders -
Percent Institutions 79.95

Analyst Ratings

Rating -
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Churchill Capital Corp IX

stock logo

Company Overview

overview logo History and Background

Churchill Capital Corp IX was a special purpose acquisition company (SPAC) founded in 2020 by Michael Klein. SPACs are shell corporations that raise capital through an initial public offering (IPO) for the purpose of acquiring an existing operating company.

business area logo Core Business Areas

  • SPAC: Churchill Capital Corp IX's core business was identifying and acquiring a target company to take public through a reverse merger. It had no operations of its own.

leadership logo Leadership and Structure

Michael Klein was the Chairman and CEO. As a SPAC, it had a board of directors responsible for oversight and decision-making regarding the acquisition target.

Top Products and Market Share

overview logo Key Offerings

  • Acquisition Vehicle: Churchill Capital Corp IX offered itself as a vehicle for a private company to go public without the traditional IPO process. No market share is applicable as it was a SPAC.

Market Dynamics

industry overview logo Industry Overview

The SPAC market experienced a boom in 2020 and 2021 but cooled off significantly in 2022 and 2023 due to increased regulatory scrutiny and market volatility.

Positioning

Churchill Capital Corp IX aimed to identify and acquire a promising private company with growth potential.

Total Addressable Market (TAM)

The TAM for SPACs is effectively the total number of private companies seeking to go public. However, the success rate and valuations vary greatly depending on market conditions and the quality of the target company.

Upturn SWOT Analysis

Strengths

  • Experienced management team (Michael Klein)
  • Access to capital through IPO
  • Ability to offer a faster path to public markets than traditional IPOs

Weaknesses

  • Limited operating history
  • Dependence on identifying and acquiring a suitable target
  • Potential for conflicts of interest between SPAC sponsors and public shareholders
  • Dilution of shareholder value upon acquisition

Opportunities

  • Identifying a high-growth private company with strong fundamentals
  • Benefiting from favorable market conditions for SPAC mergers
  • Creating value through operational improvements at the acquired company

Threats

  • Increased regulatory scrutiny of SPACs
  • Market volatility and investor skepticism
  • Competition from other SPACs
  • Failure to find a suitable acquisition target
  • Poor performance of the acquired company

Competitors and Market Share

competitor logo Key Competitors

Competitive Landscape

As a SPAC, Churchill Capital Corp IX competed with other SPACs for attractive acquisition targets. Success depended on the reputation of the management team and the attractiveness of the deal terms.

Growth Trajectory and Initiatives

Historical Growth: No revenue growth as a SPAC prior to acquisition.

Future Projections: Dependent on the acquired company's projections. Churchill Capital Corp IX is no longer trading under that ticker.

Recent Initiatives: The main initiative was finding and completing an acquisition.

Summary

Churchill Capital Corp IX was a SPAC that sought to merge with a private company to bring it public. The SPAC market is very competitive. Success depends heavily on market conditions and the identified target. Identifying quality targets remains challenging. Churchill Capital Corp IX as a ticker no longer exists as it merged and changed name.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC filings
  • Company press releases
  • Financial news sources

Disclaimers:

This analysis is based on publicly available information and is not financial advice. SPACs are inherently risky, and past performance is not indicative of future results. Churchill Capital Corp IX is no longer trading under this ticker. Any investment decisions should be made after consulting with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Churchill Capital Corp IX

Exchange NASDAQ
Headquaters New York, NY, United States
IPO Launch date 2024-06-21
CEO, President & Chairman of the Board Mr. Michael S. Klein
Sector Financial Services
Industry Shell Companies
Full time employees -
Full time employees -

Churchill Capital Corp IX does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Churchill Capital Corp IX was incorporated in 2023 and is based in New York, New York.