Clearwater Analytics Holdings, Inc. (CWAN)

NYSE: CWAN · IEX Real-Time Price · USD
17.18
0.00 (0.00%)
At close: May 3, 2024, 4:00 PM
17.67
+0.49 (2.85%)
After-hours: May 3, 2024, 7:00 PM EDT
0.00%
Market Cap 4.34B
Revenue (ttm) 386.28M
Net Income (ttm) -15.35M
Shares Out 245.72M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 40.39
Dividend n/a
Ex-Dividend Date n/a
Volume 1,522,928
Open 17.38
Previous Close 17.18
Day's Range 17.05 - 17.71
52-Week Range 13.02 - 21.89
Beta 0.45
Analysts Buy
Price Target 21.33 (+24.16%)
Earnings Date May 1, 2024

About CWAN

Clearwater Analytics Holdings, Inc. develops and provides a Software-as-a-Service (SaaS) solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities in the United States and internationally. It offers investment accounting and reporting, performance measurement, compliance monitoring, and risk analytics solutions. The company's Clearwater Prism SaaS-based data and reporting platform for investment data deli... [Read more]

Sector Technology
IPO Date Sep 24, 2021
Employees 1,756
Stock Exchange NYSE
Ticker Symbol CWAN
Full Company Profile

Financial Performance

In 2023, CWAN's revenue was $368.17 million, an increase of 21.34% compared to the previous year's $303.43 million. Losses were -$21.63 million, 171.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CWAN stock is "Buy." The 12-month stock price forecast is $21.33, which is an increase of 24.16% from the latest price.

Price Target
$21.33
(24.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Clearwater Analytics Announces First Quarter 2024 Financial Results

Record Quarterly Revenue of $102.7 Million, Up 21% Year-Over-Year Adjusted EBITDA of $32.2 Million, Up 43% Year-Over-Year Gross Revenue Retention Rate of 99%; Net Revenue Retention Rate of 110% Annual...

3 days ago - PRNewsWire

Clearwater Analytics Completes Acquisition of Wilshire Advisors' Risk and Performance Analytics Solutions

Clearwater Wilshire Analytics Provides Best-in-Class Risk and Performance Capabilities for Front and Middle Office Clients BOISE, Idaho , April 22, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, ...

12 days ago - PRNewsWire

Clearwater Analytics to Announce First Quarter 2024 Financial Results on May 1, 2024

BOISE, Idaho , April 17, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, accou...

17 days ago - PRNewsWire

Clearwater Analytics to Participate in Upcoming Investor Conferences in Second Quarter 2024

BOISE, Idaho , April 17, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, accou...

17 days ago - PRNewsWire

Emplifi Names Veteran Marketing Leader Susan Ganeshan as Its New CMO

NEW YORK--(BUSINESS WIRE)--Emplifi, a leading customer engagement platform provider, today announced the appointment of Susan Ganeshan as its Chief Marketing Officer. Ganeshan will lead Emplifi's mark...

18 days ago - Business Wire

France Active Successfully Implements Clearwater Analytics to Streamline its Investment Accounting Operations

Boosts Transparency, French GAAP Compliance, and Overall Investment Oversight with Clearwater BOISE, Idaho and PARIS , April 9, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provid...

25 days ago - PRNewsWire

Clearwater Analytics to Partner with Wilshire and Acquire Sophisticated Risk and Performance Models

Partnership to Benefit Clients of Both Companies and Dramatically Enhance Offering for the Risk and Performance Needs of Front and Middle Office Clients BOISE, Idaho and SANTA MONICA, Calif. , April 2...

4 weeks ago - PRNewsWire

Clearwater Successfully Implements PRISM for Aegon Asset Management to Help Support Business Growth

Clearwater PRISM Easily Aggregates Multi-Asset Client Investment Data, Enabling Growth and a Differentiated Client Experience BOISE, Idaho and LONDON , March 19, 2024 /PRNewswire/ -- Clearwater Analyt...

6 weeks ago - PRNewsWire

MSIG Singapore Prepares for International Reporting Standards, Including IFRS 9, with Clearwater Analytics

Leading Singapore Insurer Adopts Clearwater to Automate Investment Accounting, Risk, Compliance, and Regulatory Reporting SINGAPORE , March 7, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a...

2 months ago - PRNewsWire

Clearwater Analytics Announces Launch of Secondary Offering of Class A Common Stock

BOISE, Idaho , March 6, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. ("Clearwater" or the "Company") (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, repor...

2 months ago - PRNewsWire

Clearwater Analytics Appoints Mike Chen as its New Head of Corporate Development

M&A Veteran to Steer Corporate Development Strategy and Global Expansion BOISE, Idaho , March 1, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment man...

2 months ago - PRNewsWire

Clearwater Analytics Selected by T. Rowe Price to Power Stable Value Investment Operations

Clearwater Brings Best-In-Class Solution to Stable Value Fund Holders BOISE, Idaho , Feb. 29, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment manage...

2 months ago - PRNewsWire

Clearwater Analytics Announces Fourth Quarter and Full Year 2023 Financial Results

Q4 2023 Revenue of $99.0 million, up 20% year-over-year  Full Year 2023 Revenue of $368.2 million, up 21% year-over-year Q4 2023 Adjusted EBITDA margin of 30.3%; Q4 2023 Free Cash Flows of $22.5 milli...

2 months ago - PRNewsWire

Clearwater Analytics Extends Support for Accounting With Fund Accounting and Pooled Participant Interaction

State Treasuries Can Now Manage Local Government Investment Pools and State General Funds Using Clearwater for Pooled Funds BOISE, Idaho , Feb. 15, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWA...

2 months ago - PRNewsWire

Clearwater Analytics Empowers Investors with Clearwater MLx, A Comprehensive Mortgage Loan Investment Solution

Overcoming Legacy Solution Limitations, Clearwater MLx Provides Investment Professionals with All-in-One Solution to Drive Growth BOISE, Idaho , Feb. 13, 2024 /PRNewswire/ -- Clearwater Analytics (NYS...

2 months ago - PRNewsWire

Clearwater Analytics to Announce Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

BOISE, Idaho , Feb. 8, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, account...

3 months ago - PRNewsWire

Clearwater Analytics to Participate in Upcoming Investor Conferences in First Quarter 2024

BOISE, Idaho , Feb. 8, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, account...

3 months ago - PRNewsWire

Clearwater Analytics Expands International Leadership Team with Appointment of Keith Viverito

New Managing Director to Drive Clearwater Growth in Europe & APAC BOISE, Idaho and LONDON , Feb. 7, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment ...

3 months ago - PRNewsWire

Caisse Centrale de Réassurance Selects Clearwater's Full-Investment Lifecycle Solution

Leading Reinsurer Gains Front-, Middle- and Back- Office Coverage with Modular, All-in-One Solution BOISE, Idaho, and PARIS , Feb. 5, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading ...

3 months ago - PRNewsWire

Clearwater Analytics Wins InsuranceAsia News Excellence Award for Second Consecutive Year

InsuranceAsia News Recognizes Clearwater Analytics' Excellence in Investment Management Technology BOISE, Idaho and SINGAPORE , Jan. 29, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leadi...

3 months ago - PRNewsWire

Clearwater Analytics Strengthens Leadership Team with Key Appointments

Welcomes Shane Akeroyd as New Chief Strategy Officer and Ann-Sophie Skjoldager Bom to Lead Relationship with Strategic Asset Management Clients BOISE, Idaho , Jan. 9, 2024 /PRNewswire/ -- Clearwater A...

4 months ago - PRNewsWire

New Clearwater Analytics Report Highlights Key Considerations for APAC Insurers in 2024

Study Reveals Healthy Appetite for More AI, Machine Learning & Cloud-Based Technology Solutions BOISE, Idaho and SINGAPORE , Dec. 7, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading p...

5 months ago - PRNewsWire

Clearwater Analytics Study Shows Insurer Investor Shift

According to Study, Technology Platform Proves Pivotal in Managing and Optimizing Liquidity Portfolios BOISE, Idaho , Nov. 14, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provide...

6 months ago - PRNewsWire

Clearwater Analytics Announces Pricing of Upsized Secondary Offering of Class A Common Stock

BOISE, Idaho, Nov. 6, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. ("Clearwater" or the "Company") (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporti...

6 months ago - PRNewsWire

Clearwater Analytics Announces Third Quarter 2023 Financial Results

Record Quarterly Revenue of $94.7 Million, Up 24% Year-Over-Year Adjusted EBITDA of $28.6 Million, Up 51 % Year-Over-Year Adjusted EBITDA margin of 30% BOISE, Idaho , Nov. 1, 2023 /PRNewswire/ -- Clea...

6 months ago - PRNewsWire