Clearwater Analytics Holdings, Inc. (CWAN)

NYSE: CWAN · Real-Time Price · USD
28.70
+0.78 (2.79%)
Dec 20, 2024, 4:00 PM EST - Market closed
2.79%
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]

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 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.

Price Target
$32.38
(12.82% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

16 days ago - Seeking Alpha

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 ...

17 days ago - Business Wire

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...

4 weeks ago - Business Wire

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...

5 weeks ago - Business Wire

Clearwater Analytics Holdings, Inc. (CWAN) Q3 2024 Earnings Conference Call Transcript

Clearwater Analytics Holdings, Inc. (CWAN) Q3 2024 Earnings Conference Call Transcript

6 weeks ago - Seeking Alpha

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,...

6 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

3 months ago - PRNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - Market Watch

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...

4 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - PRNewsWire

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...

5 months ago - Seeking Alpha

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire