Definitive Healthcare Corp logo

Definitive Healthcare Corp(DH)

upturn advisory logo
EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
1-STAR RATING
Consider higher Upturn Star rating
BUY for 12 days
PROFIT SINCE LAST BUY
-1.74% ▼
LAST CLOSE
$1.13
11/05/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for DH

11/05/2026: DH (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Definitive Healthcare is a provider of data-driven intelligence and analytics for the healthcare sector, offering a subscription platform that helps organizations navigate provider and patient landscapes. The company's core strength lies in its proprietary, granular healthcare data, which serves as a critical resource for its life sciences and medical device clients. While it maintains a leading position in niche commercial intelligence, growth has recently moderated, reflecting industry-wide IT budget constraints. Key risks include intense competition, customer concentration in the pharmaceutical sector, and the need to execute successfully on a pivot toward profitability. The stock may suit growth-oriented investors interested in the digital transformation of healthcare, provided they monitor the firm's ability to diversify its revenue base.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company is in a transition phase with moderated growth, making it a speculative growth play.
Momentum investorWeak fitThe stock has lacked consistent upward momentum, making it a weak fit until technical signals improve.
Value investorMixed fitValuation has compressed significantly, but fundamental stability needs to be proven.
Dividend investorWeak fitThe company does not pay a dividend and focuses on reinvestment.
Low-risk investorWeak fitHigh volatility and sensitivity to industry spending cycles make it unsuitable for conservative investors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock has exhibited significant price swings common with growth-stage SaaS equities.
Valuation riskMediumMarket sentiment regarding SaaS multiples can significantly impact the stock price regardless of performance.
Competition risk (AI competition)Medium / highNew AI-driven data entrants could commoditize basic intelligence offerings.
Business qualityMediumThe business model is solid, but growth has slowed, affecting the overall franchise perception.
Dividend incomeLow / noneInvestors should expect zero income contribution from this stock.
Execution riskMediumThe company must successfully execute its pivot to profitability and new market expansion.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Highly Choppy
PRICE STABILITY

Highly Choppy

The stock has experienced frequent, large price swings that make its near-term movement less predictable.

Analysis of Past Performance

Type Stock
Historic Profit -54.59%
Avg. Invested days 19
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
DH receives a 3-star rating based on the available scored pillars. The rating is constrained by soft unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
DH has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+66.4%) and strong cash generation (FCF margin 15.3%) are partially offset by slightly negative revenue growth (-4.2%), weak profitability (net margin -57.5%).

Financial Health Rating

★★★★★
DH's financial health is supported by solid liquidity, including working-capital and asset support (WC/assets 13.7%). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Earnings growth is DH's strongest growth driver at +66.4% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (-4.2%, slightly negative) and free-cash-flow growth (-19.2%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 82.7% and approximately 37.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 6.19% supports management-shareholder alignment.

Top 5 Institutional Investors

Advent International LP 58.55%
The Goldman Sachs Group Inc 5.58%
D. E. Shaw & Co LP 1.85%
Vanguard Capital Management, LLC 1.71%
Kennedy Capital Management Inc 1.63%

Unit Economics (Per $1K Revenue)

★★★★★
DH generates approximately $759 of gross profit, $-85 of operating income, and $153 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses explain the 2-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 4.76%

Quantitative Style Profile

★★★★★
DH has a High Volatility Profile profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap Risk

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 131.30M USD
Price to earnings Ratio -
1Y Target Price 1.62
Price to earnings Ratio -
1Y Target Price 1.62
Volume (30-day avg) 435.1K shares
Beta 1.36
52 Weeks Range 0.61 - 3.00
Updated Date 11/05/2026
52 Weeks Range 0.61 - 3.00
Updated Date 11/05/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.61

How Company Makes Money

Business areaWhat it includesRetail investor read
Subscription ServicesAccess fees for the core Definitive Healthcare data and analytics platform.The company earns the vast majority of its money through recurring monthly or annual subscription contracts.
Services and OtherConsulting, advisory, and specialized data integration projects.These are non-recurring services that support clients in using the platform effectively.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2026-11-05
When After Market
Estimate 0.01
Actual -

Profitability

Profit Margin -72.28%
Operating Margin (TTM) -8.55%

Management Effectiveness

Return on Assets (TTM) -1.94%
Return on Equity (TTM) -78.37%

Valuation

Trailing PE -
Forward PE 6.16
Enterprise Value 108.35M
Price to Sales(TTM) 0.56
Enterprise Value 108.35M
Price to Sales(TTM) 0.56
Enterprise Value to Revenue 0.47
Enterprise Value to EBITDA 46.69
Shares Outstanding 106.74M
Shares Floating 40.43M
Shares Outstanding 106.74M
Shares Floating 40.43M
Percent Insiders 6.19
Percent Institutions 82.73

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.