This report is the updated version of the report published on December 29, 2025, 08:15 AM GMT

Celebrus Technologies PLC (LSE: CLBS)

Celebrus Technologies PLC (LSE: CLBS) is a UK-based data technology company that helps organisations capture and activate real-time digital customer data for marketing and fraud prevention. It operates globally across industries such as financial services, retail, and telecommunications and is listed on AIM.

Key Recommendation Rationale – Speculative Buy at GBX 132.31

• Proven Land-and-Expand Growth Strategy: The Group continues to secure both new logos and meaningful upsells with existing customers, including financial services and fintech clients. Early expansion discussions with recent wins demonstrate the strength of the land-and-expand model and long-term account value.
• Continuous Product Innovation and Differentiation: Ongoing investment in the Celebrus platform is enhancing competitiveness through improved mobile capabilities, advanced analytics, audience activation in paid media, and strengthened identity and profile features—supporting customer retention and expansion.
• Favorable Positioning in a Privacy-First, AI-Enabled Market: The business is successfully navigating today’s complex privacy landscape through innovative marketing approaches and the strategic adoption of Artificial Intelligence, both within product offerings and internal operations, driving efficiency and differentiation.

Valuation Methodology: Price/ Earnings Approach

Share Price Chart  

 One Year Technical Price Chart (as of December 29, 2025). Source: Trading View 

Conclusion

For conducting the valuation, the following peers have been considered - 1Spatial PLC (LSE: SPA), Made Tech Group PLC (LSE: MTECM) and others.

Given its current trading levels, proven land-and-expand growth strategy, continuous product innovation, favourable positioning in a privacy-first, AI-Enabled, relative valuation, and associated risks, a ‘Speculative Buy’ recommendation is given on the stock at the Current Market Price of GBX 132.31 as of 29 December 2025 at 08:15 AM GMT.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 29 December 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Target Price refers to a price level which the stock is expected to reach as per the relative valuation method and/or technical analysis taking into consideration both short-term and long-term scenario.

Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and/or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’

Note 6: Dividend Yield may vary as per the stock price movement.