Clearwater Analytics Holdings, Inc. (CWAN)

NYSE: CWAN · IEX Real-Time Price · USD
18.24
-0.10 (-0.55%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.55%
Market Cap 4.49B
Revenue (ttm) 386.28M
Net Income (ttm) -15.35M
Shares Out 246.05M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 39.82
Dividend n/a
Ex-Dividend Date n/a
Volume 955,748
Open 18.34
Previous Close 18.34
Day's Range 18.06 - 18.34
52-Week Range 15.28 - 21.89
Beta 0.58
Analysts Buy
Price Target 21.33 (+16.94%)
Earnings Date Jul 31, 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 16.94% from the latest price.

Price Target
$21.33
(16.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Clearwater Analytics Announces the Winners of Europe & Asia Client Awards

Aegon AM, Antares, Aviva, Resolution Re, and RiverStone International Exemplify Operational Excellence in Investment Accounting LONDON , June 21, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN)...

11 days ago - PRNewsWire

Galilée AM to Standardize on Clearwater Analytics to Support Rapid Growth and Investment Operational Excellence

Streamlines Fund and Wealth Management Activities Across the Entire Investment Lifecycle with Clearwater JUMP BOISE, Idaho and PARIS , June 18, 2024 /PRNewswire/ -- Clearwater Analytics  (NYSE: CWAN),...

14 days ago - PRNewsWire

AXA XL's Alternative Capital Team Selects Clearwater Analytics as its Provider for Investment Accounting Services

BOISE, Idaho and PARIS , June 12, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutio...

20 days ago - PRNewsWire

M&G Investments Selects Clearwater Analytics to Strengthen Third-Party Insurance Business

London-Based Global Investment Manager to Scale and Drive Growth With Clearwater PRISM BOISE, Idaho and LONDON , June 11, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading worldwide pr...

21 days ago - PRNewsWire

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

BOISE, Idaho, June 10, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. ("Clearwater" or the "Company") (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounti...

22 days ago - PRNewsWire

Clearwater Analytics Study Reveals 55% of Institutional Investors Set to Boost Their Alternative Investments

New Research Uncovers Key Trends, Opportunities and Challenges for Institutional Investors in Alternative Investments BOISE, Idaho , May 30, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a l...

4 weeks ago - PRNewsWire

Clearwater Analytics Publishes 2024 Insurance Investment Outsourcing Report

Go-To Resource for Insurance Firms Outsourcing Investment Management Reveals Market Trends Toward Private Asset Classes BOISE, Idaho , May 28, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a...

5 weeks ago - PRNewsWire

Erste Asset Management Selects Clearwater Analytics to Help Support Business Growth

Clearwater Will Aggregate Multi-Asset Client Investment Data, Help Increase Asset Flows and Strengthen Client Service BOISE, Idaho and VIENNA , May 14, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE:...

7 weeks ago - PRNewsWire

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...

2 months 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, ...

2 months 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...

2 months 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...

2 months 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...

2 months 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...

3 months 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...

3 months 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...

3 months 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...

4 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...

4 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...

4 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...

4 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...

4 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...

5 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...

5 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...

5 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 ...

5 months ago - PRNewsWire