Clearwater Analytics (CWAN) Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearwater Analytics in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CWAN shares.
View CWAN analyst ratings or view top-rated stocks.

12 equities research analysts have issued 12 month price targets for Clearwater Analytics' shares. Their CWAN share price forecasts range from $17.00 to $25.00. On average, they anticipate the company's stock price to reach $20.25 in the next year. This suggests a possible upside of 26.6% from the stock's current price.
View analysts price targets for CWAN or view top-rated stocks among Wall Street analysts.

Clearwater Analytics' stock was trading at $18.75 at the beginning of 2023. Since then, CWAN shares have decreased by 14.7% and is now trading at $15.99.
View the best growth stocks for 2023 here.

Clearwater Analytics saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 3,590,000 shares, a decline of 11.6% from the March 31st total of 4,060,000 shares. Based on an average daily trading volume, of 675,000 shares, the days-to-cover ratio is currently 5.3 days. Approximately 6.3% of the shares of the company are sold short.
View Clearwater Analytics' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our CWAN earnings forecast.

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) released its quarterly earnings data on Wednesday, August, 3rd. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The business had revenue of $73.41 million for the quarter, compared to the consensus estimate of $73.21 million. Clearwater Analytics had a negative net margin of 4.00% and a positive trailing twelve-month return on equity of 1.21%.

ETFs with the largest weight of Clearwater Analytics (NYSE:CWAN) stock in their portfolio include WisdomTree Cloud Computing Fund (WCLD), SPDR S&P Software & Services ETF (XSW) and Direxion Daily Cloud Computing Bull 2x (CLDL).iShares U.S. Tech Breakthrough Multisector ETF (TECB),

Clearwater Analytics issued an update on its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $87.50 million-$87.50 million, compared to the consensus revenue estimate of $87.72 million.

(CWAN) raised $450 million in an IPO on Friday, September 24th 2021. The company issued 30,000,000 shares at a price of $14.00-$16.00 per share.

Clearwater Analytics trades on the New York Stock Exchange (NYSE) under the ticker symbol "CWAN."

Clearwater Analytics' stock is owned by many different retail and institutional investors. Top institutional investors include Conestoga Capital Advisors LLC (2.58%), Wasatch Advisors LP (2.58%), Kayne Anderson Rudnick Investment Management LLC (2.44%), JPMorgan Chase & Co. (2.32%), Fred Alger Management LLC (1.76%) and Artisan Partners Limited Partnership (1.16%). Insiders that own company stock include Alphonse Valbrune, Durable Capital Partners Lp, Gayatri Raman, James Douglas Price, James S Cox, Joseph Morris Kochansky, Sandeep Sahai, Scott Stanley Erickson, Souvik Das, Subi Sethi, Susan Muriel Ganeshan and Xii Carbon Analytics Acqu Wcas.
View institutional ownership trends.

Shares of CWAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of CWAN stock can currently be purchased for approximately $15.99.

Clearwater Analytics (NYSE:CWAN) has a market capitalization of $3.86 billion and generates $303.43 million in revenue each year. The company earns $-7,970,000.00 in net income (profit) each year or ($0.06) on an earnings per share basis.

The company employs 1,728 workers across the globe.

The official website for the company is www.clearwater-analytics.com. The company can be reached via phone at 208-918-2400 or via email at investors@clearwateranalytics.com.