Clearwater Analytics Holdings, Inc. (CWAN)
Market Cap | 7.09B |
Revenue (ttm) | 424.36M |
Net Income (ttm) | 663,000 |
Shares Out | 247.19M |
EPS (ttm) | 0.00 |
PE Ratio | 10,700.25 |
Forward PE | 57.35 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,456,476 |
Open | 27.59 |
Previous Close | 27.92 |
Day's Range | 27.54 - 28.89 |
52-Week Range | 15.62 - 35.71 |
Beta | 0.68 |
Analysts | Hold |
Price Target | 32.38 (+12.82%) |
Earnings Date | Nov 6, 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]
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 StatementsAnalyst Forecast
According to 8 analysts, the average rating for CWAN stock is "Hold." The 12-month stock price forecast is $32.38, which is an increase of 12.82% from the latest price.
News
Clearwater Analytics Holdings: Positive On Growth Acceleration
I maintain a buy rating for Clearwater Analytics Holdings with an upgraded price target of $38, driven by robust growth prospects and strong demand. Key growth drivers include successful cross-selling...
ACERA Taps Clearwater Analytics to Transform Data Validation and Simplify Total Plan Reporting
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of investment management, accounting, reporting, and analytics solutions, has been chosen by the Alameda ...
Industrial Alliance Portfolio Management Sharpens its Risk and Performance Reporting with Clearwater Analytics
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced Indu...
Clearwater Analytics Announces Launch of Secondary Offering of Class A Common Stock
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics Holdings, Inc. (“Clearwater” or the “Company”) (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting...
Clearwater Analytics Holdings, Inc. (CWAN) Q3 2024 Earnings Conference Call Transcript
Clearwater Analytics Holdings, Inc. (CWAN) Q3 2024 Earnings Conference Call Transcript
Clearwater Analytics Announces Third Quarter 2024 Financial Results
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics Holdings, Inc. (NYSE: CWAN) (“Clearwater Analytics” or the “Company”), a leading worldwide provider of SaaS-based investment management, accounting,...
Clearwater Analytics Announces Integration with Snowflake to Enable Data Collaboration and AI Capabilities for Asset Managers
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced a ne...
Clearwater Analytics to Participate in Upcoming Investor Conferences in Fourth Quarter 2024
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics Holdings, Inc. (NYSE: CWAN), (“Clearwater Analytics” or the “Company”), a leading worldwide provider of SaaS-based investment management, accounting...
Clearwater Analytics to Announce Third Quarter 2024 Financial Results on November 6, 2024
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics Holdings, Inc. (NYSE: CWAN), (“Clearwater Analytics” or the “Company”), a leading worldwide provider of SaaS-based investment management, accounting...
Clearwater Analytics Bolsters EMEA Expansion with Key Go-to-Market and Client Onboarding Leadership Appointments
Welcomes Adrien de La Grange as Head of Business Development in France, Amina Troger as New Head of Global Delivery for EMEA, and Jose Salas as Head of Partnerships & Alliances for EMEA LONDON and BOI...
Clearwater Analytics Launches New Standard in Corporate Treasury Benchmarking
Clearwater Insights Empowers Financial Leaders with Comprehensive Investment Data for Strategic Peer Benchmarking BOISE, Idaho , Sept. 18, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a lea...
Clearwater Analytics Honors Industry Leaders with 2024 Excellence Awards
Fortitude Re, Securian Financial, T. Rowe Price, UBS and Wellington Management Among Firms Celebrated for Mastery in Investment Management Operations BOISE, Idaho , Sept.
Clearwater Analytics: Turning Into A Bona Fide Cash Cow
Clearwater's Q2 earnings show strong revenue growth, with Q2 revenue increasing by 18.8% year-over-year, and impressive cash flow generation, more than doubling to $43.9M. The company maintains high r...
Clearwater to Unveil New Innovation for Accounting and Investment Professionals at Connect 2024
Generative AI Demonstrations, Interactive Learning, and Industry-Leading Insights Set the Agenda BOISE, Idaho , Sept. 3, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of S...
Clearwater Analytics Strengthens Leadership Team with Appointment of Fleur Sohtz as New Chief Marketing Officer
Seasoned Marketing Executive to Accelerate Brand Evolution and Client Success BOISE, Idaho , Aug. 19, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investmen...
Clearwater Analytics Study Reveals Client Engagement as Dominant Driver of Investment Flows
New Research Uncovers the High Costs of 'Business as Usual,' Underscoring the Need to Modernize Data Management BOISE, Idaho , Aug. 14, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leadin...
13 stocks to consider if you're able to brave recession fears
Now that stock investors are beginning to realize that a recession isn't on the way, the U.S. market will get back to doing what is up to before the August swoon: showing strength beyond the Magnifice...
La France Mutualiste Successfully Moves its Unit-Linked Activities to Clearwater Analytics
French Mutual Insurer Adopts Clearwater JUMP Unit-Linked Funds (ULF) to Automate Investment Operations BOISE, Idaho and PARIS , Aug. 6, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leadin...
Clearwater Analytics Holdings: Reiterate Buy Rating On Good Growth Outlook
CWAN reported strong 2Q24 results with revenue growth of 19% and adj. EBITDA margin of 31.3%, beating consensus estimates. ARR growth inflected back to >20% in 2Q24, indicating potential for revenue g...
Clearwater Analytics Unveils Commercial Paper Issuance Tool for Institutional Investors
New Commercial Paper (CP) Issuance Tool Provides Clearwater Clients with Comprehensive Overview, Processing, and Management of All Issuances BOISE, Idaho , Aug. 1, 2024 /PRNewswire/ -- Clearwater Anal...
Clearwater Analytics Holdings, Inc. (CWAN) Q2 2024 Earnings Call Transcript
Clearwater Analytics Holdings, Inc. (NYSE:CWAN) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Joon Park - Head of Investor Relations Sandeep Sahai - Chief Executive O...
Clearwater Analytics Announces Second Quarter 2024 Financial Results
Record Quarterly Revenue of $106.8 Million, Up 19% Year-Over-Year Net Income of $0.3 Million; Adjusted EBITDA of $33.4 Million, Up 35% Year-Over-Year Gross Revenue Retention Rate of 99%; Net Revenue R...
Clearwater Analytics to Participate in Upcoming Investor Conferences in Third Quarter 2024
BOISE, Idaho , July 17, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading worldwide provider of SaaS-based investment manageme...
Clearwater Analytics to Announce Second Quarter 2024 Financial Results on July 31, 2024
BOISE, Idaho , July 17, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading worldwide provider of SaaS-based investment manageme...
Clearwater Selected by Franklin Templeton to Accelerate Stable Value Fund Management
Clearwater for Stable Value Will Provide Scale, Transparency and Operational Excellence for Franklin Templeton's Stable Value Business BOISE, Idaho , July 16, 2024 /PRNewswire/ -- Clearwater Analytics...