---
title: "Jonathan Ho Sees Over 20% Upside as Easing Bottlenecks and AI Adoption Support Buy Rating Despite Trimmed Outlook and CEO Transition"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295837516.md"
description: "William Blair analyst Jonathan Ho maintains a Buy rating on CLBT, citing over 20% upside potential. Despite trimmed ARR outlook and CEO transition, he believes risks are priced in due to solid net revenue retention and double-digit organic growth. Easing regulatory bottlenecks and AI adoption by public safety customers support the bullish stance. D.A. Davidson also issued a Buy rating with a $22 price target."
datetime: "2026-08-13T19:35:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295837516.md)
  - [en](https://longbridge.com/en/news/295837516.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295837516.md)
generator: "portal-rs"
---

# Jonathan Ho Sees Over 20% Upside as Easing Bottlenecks and AI Adoption Support Buy Rating Despite Trimmed Outlook and CEO Transition

William Blair analyst Jonathan Ho has maintained their bullish stance on CLBT stock, giving a Buy rating on August 6.

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Jonathan Ho has given his Buy rating due to a combination of factors tied to valuation, growth prospects, and improving demand trends. While the company’s trimmed ARR outlook, CEO transition, and procurement delays have pressured the shares and may constrain near-term multiple expansion, he views these risks as already embedded in the current price, especially given still-solid net revenue retention and double-digit organic growth.

Ho expects gradual easing of regulatory and procurement bottlenecks, particularly as public safety customers become more willing to adopt AI‑driven tools like Genesis to boost productivity and reduce case backlogs. Together with signs of better federal spending and anticipated EBITDA expansion, he believes the setup offers an attractive risk/reward profile and sees room for more than 20% upside over the next year, justifying a Buy recommendation.

In another report released on August 6, D.A. Davidson also maintained a Buy rating on the stock with a $22.00 price target.

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- [CLBT.US](https://longbridge.com/en/quote/CLBT.US.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**