Clearwater AnalyticsCWAN
CWAN
About: Clearwater Analytics Holdings Inc provides a SaaS solution for automated investment data aggregation, reconciliation, accounting and reporting services to insurers, investment managers, corporations, institutional investors and government entities. It earns revenue from providing access to its SaaS platform to customers, services that support the implementation on the SaaS platform, selling perpetual and term-based software licenses and providing maintenance and support and professional services under contracts with customers. The majority of the revenue is earned in the United States.
Employees: 1,756
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
97% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 34
41% more capital invested
Capital invested by funds: $3.55B [Q2] → $5B (+$1.45B) [Q3]
33% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]
21% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 75
15% more funds holding
Funds holding: 226 [Q2] → 259 (+33) [Q3]
7.4% less ownership
Funds ownership: 130.81% [Q2] → 123.4% (-7.4%) [Q3]
43% less call options, than puts
Call options by funds: $1.77M | Put options by funds: $3.11M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$22
23%
downside
Avg. target
$32
13%
upside
High target
$40
39%
upside
8 analyst ratings
4 positive
50%
3 neutral
38%
1 negative
13%
Wells Fargo Michael Turrin 59% 1-year accuracy 48 / 82 met price target | 22%upside $35 | Overweight Maintained | 5 Dec 2024 |
Oppenheimer Brian Schwartz 65% 1-year accuracy 30 / 46 met price target | 39%upside $40 | Outperform Maintained | 3 Dec 2024 |
RBC Capital Rishi Jaluria 56% 1-year accuracy 43 / 77 met price target | 25%upside $36 | Outperform Maintained | 22 Nov 2024 |
DA Davidson Peter Heckmann 74% 1-year accuracy 34 / 46 met price target | 22%upside $35 | Neutral Downgraded | 8 Nov 2024 |
Goldman Sachs Gabriela Borges 76% 1-year accuracy 19 / 25 met price target | 23%downside $22 | Sell Maintained | 7 Nov 2024 |
Financial journalist opinion
Based on 4 articles about CWAN published over the past 30 days
Negative
Investors Business Daily
1 week ago
AI Stock Clearwater Analytics Pulls Back To Key Level Following Big Earnings Move
AI stock Clearwater Analytics is looking for support at a key level, which would offer a new buying opportunity. The post AI Stock Clearwater Analytics Pulls Back To Key Level Following Big Earnings Move appeared first on Investor's Business Daily.
Positive
Seeking Alpha
2 weeks ago
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 of new products and revenue tailwinds from interest rate reductions, supporting mid-20s% revenue growth in the coming years. High incremental margins from these growth drivers suggest CWAN could exceed its FY24 adj EBITDA guidance, especially with continued Fed rate cuts.
Neutral
Business Wire
2 weeks ago
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 County Employees' Retirement Association (ACERA) to provide data validation, shadow book of record accounting, and total plan reporting across its entire investment portfolio, including its alternative assets. Public pension funds have significantly increased their allocation to alternative assets,.
Negative
Zacks Investment Research
2 weeks ago
Are Computer and Technology Stocks Lagging Clearwater Analytics Holdings (CWAN) This Year?
Here is how Clearwater Analytics (CWAN) and AST SpaceMobile, Inc. (ASTS) have performed compared to their sector so far this year.
Neutral
Business Wire
1 month ago
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 Industrial Alliance Portfolio Management (IAPM) has selected Clearwater Analytics to enhance its performance attribution and risk analysis capabilities. IAPM is using the Clearwater Analytics Risk & Performance Solution to perform in-depth factor-based attribution and ex-ante risk analyses. Users c.
Positive
Zacks Investment Research
1 month ago
Is Clearwater Analytics Holdings (CWAN) Stock Outpacing Its Computer and Technology Peers This Year?
Here is how Clearwater Analytics (CWAN) and Monday.com (MNDY) have performed compared to their sector so far this year.
Neutral
Business Wire
1 month ago
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, and analytics solutions, today announced that it has launched an underwritten secondary public offering of an aggregate of 25,000,000 shares of the Company's Class A common stock, par value $0.001 per share (the “Common Stock”). The Company is conducting a resale of Common Stock on behalf of cert.
Positive
Zacks Investment Research
1 month ago
Compared to Estimates, Clearwater Analytics (CWAN) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Clearwater Analytics (CWAN) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
1 month ago
Clearwater Analytics (CWAN) Surpasses Q3 Earnings and Revenue Estimates
Clearwater Analytics (CWAN) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.09 per share a year ago.
Neutral
Business Wire
1 month ago
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, reporting, and analytics solutions, today announced its financial results for the quarter ended September 30, 2024. “It's very gratifying to see continued excellence in execution. Our results are truly outstanding – revenue growth, ARR growth, adjusted EBITDA, cash flow generation, GRR, and NRR we.
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