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Clover Health Investments, Corp.. /de (CLOV) Fundamental Analysis & AI Grade 2026

CLOV Nasdaq Hospital & Medical Service Plans DE CIK: 0001801170
Update Pending • Analysis: May 9, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
72% Confidence
AGREEMENT
B
72% Conf
C
73% Conf

📊 CLOV Key Takeaways

Revenue: $749.2M
Net Margin: 3.6%
Free Cash Flow: $107.0M
Current Ratio: 1.33x
Debt/Equity: 0.00x
EPS: $0.05
AI Grade: B with 72% confidence
Clover Health Investments, Corp.. /de (CLOV) receives a C fundamental grade with 72% confidence from our AI analysis based on SEC 10-K filings. With revenue of $749.2M, net profit margin of 3.6%, and return on equity (ROE) of 8.1%, Clover Health Investments, Corp.. /de demonstrates mixed fundamentals in the Healthcare sector. Below is our complete CLOV stock analysis for 2026.

Is Clover Health Investments, Corp.. /de (CLOV) a Good Investment?

Claude

Clover Health demonstrates strong top-line growth (+40.3% YoY) and maintains a fortress balance sheet with zero debt and $173.3M cash, supported by healthy free cash flow of $107M. However, the dramatic 98.9% collapse in net income coupled with razor-thin operating margins of 3.6% and weak capital returns (ROE 8.1%, ROA 3.9%) signal severe operational challenges that contradict growth momentum and warrant caution.

ChatGPT

Clover Health is growing revenue quickly, but that growth is not yet translating into sustainable profitability, with negative operating margins, negative free cash flow, and net losses still intact. The balance sheet is cleaner than many loss-making peers because it carries no long-term debt and maintains adequate liquidity, but the current cash balance is not especially large relative to ongoing cash burn. Fundamentally, this remains a turnaround story that needs clear evidence of margin expansion and cash flow improvement.

Clover Health Investments, Corp.. /de Key Strengths (CLOV)

Claude
  • + Strong revenue growth of 40.3% YoY demonstrating market traction
  • + Zero long-term debt with $173.3M cash position providing financial flexibility
  • + Robust free cash flow generation of $107M (14.3% FCF margin) despite low profitability
  • + Low capital requirements ($854K capex) reducing reinvestment burden
ChatGPT
  • + Revenue growth is strong at 40.3% year over year, showing continued top-line momentum
  • + The company has no long-term debt, which limits financial leverage risk
  • + Liquidity is still reasonable, with a 1.47x current ratio and positive shareholder equity

CLOV Stock Risks: Clover Health Investments, Corp.. /de Investment Risks

Claude
  • ! Net income collapsed 98.9% YoY despite strong revenue growth, indicating severe operational deterioration
  • ! Net margin of only 3.6% is critically thin for a healthcare services business with 36.2% gross margins
  • ! Weak return on equity (8.1%) and return on assets (3.9%) reflect poor capital deployment efficiency
  • ! Operating expense structure appears unsustainable relative to revenue base
ChatGPT
  • ! Profitability remains weak, with negative operating and net margins despite higher revenue
  • ! Operating cash flow and free cash flow are negative, indicating the business is still consuming cash
  • ! Gross margin of 14.1% leaves limited room for execution mistakes or medical cost pressure

Key Metrics to Watch

Claude
  • * Quarterly net income trend and operating margin expansion path
  • * Operating expense ratio to revenue and cost structure breakdown
  • * Medical loss ratio and claims performance by segment
  • * Year-over-year profitability recovery indicators and management guidance
ChatGPT
  • * Operating margin improvement and sustained net loss reduction
  • * Operating cash flow and free cash flow trend relative to the $78.3M cash balance

Clover Health Investments, Corp.. /de (CLOV) Financial Metrics & Key Ratios

Revenue
$749.2M
Net Income
$27.3M
EPS (Diluted)
$0.05
Free Cash Flow
$107.0M
Total Assets
$697.7M
Cash Position
$173.3M

💡 AI Analyst Insight

Clover Health Investments, Corp.. /de presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CLOV Profit Margin, ROE & Profitability Analysis

Gross Margin 36.2%
Operating Margin 3.6%
Net Margin 3.6%
ROE 8.1%
ROA 3.9%
FCF Margin 14.3%

CLOV vs Healthcare Sector: How Clover Health Investments, Corp.. /de Compares

How Clover Health Investments, Corp.. /de compares to Healthcare sector averages

Net Margin
CLOV 3.6%
vs
Sector Avg 12.0%
CLOV Sector
ROE
CLOV 8.1%
vs
Sector Avg 15.0%
CLOV Sector
Current Ratio
CLOV 1.3x
vs
Sector Avg 2.0x
CLOV Sector
Debt/Equity
CLOV 0.0x
vs
Sector Avg 0.6x
CLOV Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Clover Health Investments, Corp.. /de Stock Overvalued? CLOV Valuation Analysis 2026

Based on fundamental analysis, Clover Health Investments, Corp.. /de has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
8.1%
Sector avg: 15%
Net Profit Margin
3.6%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Clover Health Investments, Corp.. /de Balance Sheet: CLOV Debt, Cash & Liquidity

Current Ratio
1.33x
Quick Ratio
1.33x
Debt/Equity
0.00x
Debt/Assets
51.4%
Interest Coverage
3,904.86x
Long-term Debt
$0.0

CLOV Revenue & Earnings Growth: 5-Year Financial Trend

CLOV 5-year financial data: Year 2021: Revenue $1.5B, Net Income -$363.7M, EPS $-4.14. Year 2022: Revenue $3.5B, Net Income -$136.4M, EPS $-1.54. Year 2023: Revenue $3.5B, Net Income -$587.8M, EPS $-1.42. Year 2024: Revenue $1.4B, Net Income -$339.6M, EPS N/A. Year 2025: Revenue $1.9B, Net Income -$213.4M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Clover Health Investments, Corp.. /de's revenue has grown significantly by 31% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.42 indicates the company is currently unprofitable.

CLOV Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
14.3%
Free cash flow / Revenue

CLOV Quarterly Earnings & Performance

Quarterly financial performance data for Clover Health Investments, Corp.. /de including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $462.3M -$1.3M $0.00
Q3 2025 $331.0M -$1.3M N/A
Q2 2025 $356.3M -$1.3M N/A
Q1 2025 $346.9M -$1.3M N/A
Q3 2024 $306.0M $7.4M N/A
Q2 2024 $320.1M $7.4M N/A
Q1 2024 $322.0M -$19.2M N/A
Q3 2023 $482.1M -$28.8M $-0.09

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Clover Health Investments, Corp.. /de Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$107.9M
Cash generated from operations
Capital Expenditures
$854.0K
Investment in assets
Dividends
None
No dividend program

CLOV SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Clover Health Investments, Corp.. /de (CIK: 0001801170)

📋 Recent SEC Filings

Date Form Document Action
May 28, 2026 4 xslF345X06/wk-form4_1780008005.xml View →
May 19, 2026 4 xslF345X06/wk-form4_1779226357.xml View →
May 18, 2026 4 xslF345X06/wk-form4_1779135782.xml View →
May 18, 2026 8-K clov-20260518.htm View →
May 13, 2026 4 xslF345X06/wk-form4_1778723260.xml View →

Frequently Asked Questions about CLOV

What is the AI rating for CLOV?

Clover Health Investments, Corp.. /de (CLOV) has a Combined AI Grade of C from Claude (B) and ChatGPT (C) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CLOV's key strengths?

Claude: Strong revenue growth of 40.3% YoY demonstrating market traction. Zero long-term debt with $173.3M cash position providing financial flexibility. ChatGPT: Revenue growth is strong at 40.3% year over year, showing continued top-line momentum. The company has no long-term debt, which limits financial leverage risk.

What are the risks of investing in CLOV?

Claude: Net income collapsed 98.9% YoY despite strong revenue growth, indicating severe operational deterioration. Net margin of only 3.6% is critically thin for a healthcare services business with 36.2% gross margins. ChatGPT: Profitability remains weak, with negative operating and net margins despite higher revenue. Operating cash flow and free cash flow are negative, indicating the business is still consuming cash.

What is CLOV's revenue and growth?

Clover Health Investments, Corp.. /de reported revenue of $749.2M.

Does CLOV pay dividends?

Clover Health Investments, Corp.. /de does not currently pay dividends.

Where can I find CLOV SEC filings?

Official SEC filings for Clover Health Investments, Corp.. /de (CIK: 0001801170) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CLOV's EPS?

Clover Health Investments, Corp.. /de has a diluted EPS of $0.05.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is CLOV's fundamental grade?

Based on our AI fundamental analysis in June 2026, Clover Health Investments, Corp.. /de has a C grade with 72% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is CLOV stock overvalued or undervalued?

Valuation metrics for CLOV: ROE of 8.1% (sector avg: 15%), net margin of 3.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is CLOV's AI grade for 2026?

Our dual AI analysis gives Clover Health Investments, Corp.. /de a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CLOV's free cash flow?

Clover Health Investments, Corp.. /de's operating cash flow is $107.9M, with capital expenditures of $854.0K. FCF margin is 14.3%.

How does CLOV compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 3.6% (avg: 12%), ROE 8.1% (avg: 15%), current ratio 1.33 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 9, 2026 | Data as of: 2026-03-31 | Powered by Claude AI