Clearwater Analytics Holdings, Inc. (CWAN)

NYSE: CWAN · IEX Real-Time Price · USD
19.34
-0.30 (-1.53%)
At close: Sep 29, 2023, 4:00 PM
19.31
-0.03 (-0.16%)
After-hours: Sep 29, 2023, 7:51 PM EDT
-1.53%
Market Cap 5.60B
Revenue (ttm) 333.72M
Net Income (ttm) -21.24M
Shares Out 289.30M
EPS (ttm) -0.11
PE Ratio n/a
Forward PE 55.77
Dividend n/a
Ex-Dividend Date n/a
Volume 832,475
Open 19.82
Previous Close 19.64
Day's Range 19.31 - 19.97
52-Week Range 13.02 - 20.15
Beta n/a
Analysts Buy
Price Target 21.05 (+8.84%)
Earnings Date Nov 1, 2023

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 1,728
Stock Exchange NYSE
Ticker Symbol CWAN
Full Company Profile

Financial Performance

In 2022, CWAN's revenue was $303.43 million, an increase of 20.40% compared to the previous year's $252.02 million. Losses were -$7.97 million, -3.00% less than in 2021.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CWAN stock is "Buy." The 12-month stock price forecast is $21.05, which is an increase of 8.84% from the latest price.

Price Target
$21.05
(8.84% upside)
Analyst Consensus: Buy
Stock Forecasts

News

RiverStone International to Drive Investment Strategy with Clearwater Analytics

Delivers Greater Transparency for Lloyd's Reporting and RiverStone International's Growing Business BOISE, Idaho , Sept. 28, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider ...

2 days ago - PRNewsWire

Clearwater Connect 2023 Conference Attendees Embrace Innovations in Investment Accounting

Industry Experts Unveil New Capabilities to Process Accurate, Timely and Comprehensive Investment Data at Speed and Scale BOISE, Idaho, Sept. 21, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN)...

9 days ago - PRNewsWire

Clearwater Analytics Announces the Winners of its Customer Awards Program

Blackstone, J.P. Morgan, Nationwide, Resolution Life US & Transamerica Among Firms that Exemplify Operational Excellence in Investment Accounting BOISE, Idaho , Sept.

10 days ago - PRNewsWire

Clearwater Analytics to Host 1st Investor Day Today

BOISE, Idaho, Sept. 7, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, account...

23 days ago - PRNewsWire

Clearwater Connect 2023 to Unveil Breakthrough Technologies in Investment Management

Generative AI Demonstrations, Hands-on Learning, Industry-Leading Insights and Best Practices Take Center Stage BOISE, Idaho , Sept. 5, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leadin...

25 days ago - PRNewsWire

Clearwater Analytics to Host 1st Investor Day on Thursday, September 7, 2023

BOISE, Idaho , Aug. 31, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, accoun...

4 weeks ago - PRNewsWire

NorthStandard Chooses Clearwater Analytics for Investment Data Management

Adopts Clearwater within its Investment Operating Model Following the Merger of North P&I and The Standard Club BOISE, Idaho and LONDON , Aug. 29, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN...

4 weeks ago - PRNewsWire

Bank of Saint Lucia Goes All-In on Clearwater

Clearwater's Full-Lifecycle Solution to Administer First Mutual Fund Domiciled in the Caribbean BOISE, Idaho , Aug. 22, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of Sa...

5 weeks ago - PRNewsWire

Clearwater Analytics Study Finds Corporate Treasurers Predict Interest Rate Hikes

New Research Uncovers Key Trends Among Corporate Treasurers on Interest Rates, ESG, Banking Industry Challenges, and More BOISE, Idaho , Aug. 7, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN),...

7 weeks ago - PRNewsWire

Clearwater Analytics Announces Second Quarter 2023 Financial Results

Record Quarterly Revenue of $89.9 Million, Up 22% Year-Over-Year Adjusted EBITDA of $24.8 Million, Up 30 % Year-Over-Year Annualized Recurring Revenue of $349.5 Million, Up 20% Year-Over-Year Gross Re...

2 months ago - PRNewsWire

Clearwater Analytics Strengthens Leadership Team with Appointment of Sunil Dixit as New Chief Product Officer

Industry Veteran to Drive Product Innovation and Multi-Product Strategy  BOISE, Idaho , July 26, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment man...

2 months ago - PRNewsWire

Clearwater Analytics Announces Clearwater-GPT

World's First Generative AI for Investment Management Promises to Transform Investing Operations BOISE, Idaho , July 25, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of S...

2 months ago - PRNewsWire

Clearwater Analytics to Host 1st Investor Day and to Participate in Upcoming Investor Conferences in Third Quarter 2023

BOISE, Idaho , July 19, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, accoun...

2 months ago - PRNewsWire

Clearwater Analytics to Announce Second Quarter 2023 Financial Results on August 2, 2023

BOISE, Idaho , July 19, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, accoun...

2 months ago - PRNewsWire

Covenant Capital Selects Clearwater Analytics for Investment Data Management and Portfolio Analytics

Covenant Capital Arms Wealth Managers with Award-Winning, SaaS-Based Platform to Serve High-Net-Worth Clients SINGAPORE and BOISE, Idaho , July 18, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWA...

2 months ago - PRNewsWire

Aviva Goes Live with Clearwater Analytics to Power its Investment Accounting Operations

BOISE, Idaho, July 6, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced th...

3 months ago - PRNewsWire

Lloyd's Insurer Apollo Selects Clearwater Analytics for Investment Accounting

Implementation Supports AUM Strategy and Lloyd's Reporting BOISE, Idaho and LONDON , June 21, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment manage...

3 months ago - PRNewsWire

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

BOISE, Idaho , June 15, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. ("Clearwater Analytics" or the "Company") (NYSE: CWAN), a leading provider of SaaS-based investment management, account...

3 months ago - PRNewsWire

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

BOISE, Idaho , June 15, 2023 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. ("Clearwater Analytics" or the "Company") (NYSE: CWAN), a leading provider of SaaS-based investment management, account...

3 months ago - PRNewsWire

Clearwater Analytics Announces the Winners of Europe & Asia Client Awards

Beazley, Convex, Esure, FWD Group and 10th Bridge Exemplify Operational Excellence in Investment Accounting BOISE, Idaho and LONDON , June 15, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a...

3 months ago - PRNewsWire

Compre Group Expands into Alternative Investments on Clearwater LPx

Deep Limited Partnership Investment Details Will Help Compre Maintain AUM Growth, Now at 3X in Three Years BOISE, Idaho and LONDON , June 13, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a ...

3 months ago - PRNewsWire

Lloyd's Insurer S.A. Meacock Chooses Clearwater Analytics for Investment Accounting and Reporting

Solution Supports Investment Data Management and Lloyd's Reporting LONDON, June 12, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, acco...

3 months ago - PRNewsWire

Clearwater Analytics and J.P. Morgan Asset Management Integrate Platforms to Power Cutting-Edge Multi-Asset Trading Solution

Institutional Investing Platform MORGAN MONEY® Connects to Clearwater's State-of-the-Art Investment Accounting and Reporting Platform BOISE, Idaho , May 30, 2023 /PRNewswire/ -- Clearwater Analytics (...

Other symbols: JPM
4 months ago - PRNewsWire

Clearwater Analytics Publishes 2023 Insurance Investment Outsourcing Report

Go-To Resource for Insurance Firms Outsourcing Investment Management Delivers Additional Insights BOISE, Idaho , May 18, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of S...

4 months ago - PRNewsWire

Clearwater Analytics Offering Essential Knowledge for Investment Professionals at Clearwater Connect in London

Educational Conference Gives Institutional Investors Hands-on Learning, Industry-Leading Insights & Best Practices BOISE, Idaho and LONDON , May 15, 2023 /PRNewswire/ -- Clearwater Analytics (NYSE: CW...

4 months ago - PRNewsWire