NYSE:CWAN

Clearwater Analytics (CWAN) Stock Price, News & Analysis

$18.05
+0.40 (+2.27%)
(As of 05/8/2024 ET)
Today's Range
$17.63
$18.12
50-Day Range
$15.78
$18.05
52-Week Range
$14.47
$21.89
Volume
876,621 shs
Average Volume
1.22 million shs
Market Capitalization
$4.42 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$21.70

Clearwater Analytics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
20.3% Upside
$21.70 Price Target
Short Interest
Bearish
6.82% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of Clearwater Analytics in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$275.81 M Sold Last Quarter
Proj. Earnings Growth
72.73%
From $0.11 to $0.19 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.47 out of 5 stars

Computer And Technology Sector

479th out of 592 stocks

Prepackaged Software Industry

167th out of 201 stocks

CWAN stock logo

About Clearwater Analytics Stock (NYSE: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 delivers a range of product modules, including Prism reporting and statements, Prism connectors, Prism data ops, and Prism managed services. It also provides Clearwater JUMP that provides a modular front, middle and back office solution to investment managers, private banks, and insurer, as well as portfolio management and order management, unit-linked funds, tri-partite templates, and full trade life cycle solutions. In addition, the company offers Clearwater LPx, a full-service solution for private funds that delivers complete, timely, accurate, and consumable data for limited partnerships; and Clearwater MLx, a comprehensive mortgage loan investment solution that provides investors to drive growth and make informed decisions, oversight, and reporting capabilities for mortgage loan investments, and enhances risk reporting, servicer tracking, oversight, and accounting capabilities. The company was founded in 2004 and is headquartered in Boise, Idaho.

CWAN Stock Price History

CWAN Stock News Headlines

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How to automate your options trades
It’s time you get your hands on the all new Automated Options… Where we can set the trade before the end of the week… And then walk away. And if it all works out as planned, check back to our account to see the trade closed out automatically … Just like what happened recently… So the question is… Will you start using Automated Options this week?
Navigating 6 Analyst Ratings For Clearwater Analytics Hldg
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/08/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
1,756
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$21.70
High Stock Price Target
$25.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+20.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$-21,630,000.00
Pretax Margin
-4.03%

Debt

Sales & Book Value

Annual Sales
$368.17 million
Cash Flow
$0.11 per share
Book Value
$1.68 per share

Miscellaneous

Free Float
239,560,000
Market Cap
$4.42 billion
Optionable
Optionable
Beta
0.50
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CWAN Stock Analysis - Frequently Asked Questions

Should I buy or sell Clearwater Analytics stock right now?

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clearwater Analytics in the last year. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CWAN shares.
View CWAN analyst ratings
or view top-rated stocks.

What is Clearwater Analytics' stock price target for 2024?

10 brokerages have issued 1-year price objectives for Clearwater Analytics' shares. Their CWAN share price targets range from $16.00 to $25.00. On average, they predict the company's share price to reach $21.70 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price.
View analysts price targets for CWAN
or view top-rated stocks among Wall Street analysts.

How have CWAN shares performed in 2024?

Clearwater Analytics' stock was trading at $20.03 at the beginning of the year. Since then, CWAN shares have decreased by 9.9% and is now trading at $18.0450.
View the best growth stocks for 2024 here
.

Are investors shorting Clearwater Analytics?

Clearwater Analytics saw a increase in short interest in April. As of April 15th, there was short interest totaling 6,970,000 shares, an increase of 15.8% from the March 31st total of 6,020,000 shares. Based on an average daily trading volume, of 1,200,000 shares, the days-to-cover ratio is currently 5.8 days. Currently, 6.8% of the company's shares are sold short.
View Clearwater Analytics' Short Interest
.

When is Clearwater Analytics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our CWAN earnings forecast
.

How were Clearwater Analytics' earnings last quarter?

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) posted its quarterly earnings results on Wednesday, May, 1st. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.01. The firm earned $102.70 million during the quarter, compared to analyst estimates of $100.55 million. Clearwater Analytics had a negative net margin of 3.90% and a positive trailing twelve-month return on equity of 1.25%. The firm's revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.07 earnings per share.

What ETFs hold Clearwater Analytics' stock?

ETFs with the largest weight of Clearwater Analytics (NYSE:CWAN) stock in their portfolio include WisdomTree Cloud Computing Fund (WCLD), Direxion Daily Cloud Computing Bull 2x (CLDL) and Clough Long/Short Equity ETF (CBLS).Ranger Equity Bear ETF (HDGE).

What guidance has Clearwater Analytics issued on next quarter's earnings?

Clearwater Analytics updated its second quarter 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $105.0 million-$106.0 million, compared to the consensus revenue estimate of $105.7 million.

When did Clearwater Analytics IPO?

Clearwater Analytics (CWAN) raised $450 million in an initial public offering (IPO) on Friday, September 24th 2021. The company issued 30,000,000 shares at $14.00-$16.00 per share.

Who are Clearwater Analytics' major shareholders?

Clearwater Analytics' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (6.70%), William Blair Investment Management LLC (4.24%), Conestoga Capital Advisors LLC (2.66%), Allspring Global Investments Holdings LLC (1.78%), Allspring Global Investments Holdings LLC (1.78%) and TimesSquare Capital Management LLC (0.76%). 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, Susan Muriel Ganeshan, Warburg Pincus Llc and Xii Carbon Analytics Acqu Wcas.
View institutional ownership trends
.

How do I buy shares of Clearwater Analytics?

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

This page (NYSE:CWAN) was last updated on 5/9/2024 by MarketBeat.com Staff

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