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NYSE:CWAN

Clearwater Analytics (CWAN) Stock Price, News & Analysis

$19.39
-0.01 (-0.05%)
(As of 05/17/2024 ET)
Today's Range
$19.26
$19.52
50-Day Range
$15.78
$19.40
52-Week Range
$14.99
$21.89
Volume
626,134 shs
Average Volume
1.15 million shs
Market Capitalization
$4.76 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
11.9% Upside
$21.70 Price Target
Short Interest
Bearish
6.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of Clearwater Analytics in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$274.63 M Sold Last Quarter
Proj. Earnings Growth
38.46%
From $0.13 to $0.18 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.

1.78 out of 5 stars

Computer And Technology Sector

447th out of 584 stocks

Prepackaged Software Industry

154th out of 197 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

Navigating 6 Analyst Ratings For Clearwater Analytics Hldg
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Company Calendar

Last Earnings
5/01/2024
Today
5/19/2024
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
+11.9%
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
$0.10 per share
Book Value
$1.65 per share

Miscellaneous

Free Float
240,557,000
Market Cap
$4.76 billion
Optionable
Optionable
Beta
0.50

CWAN Stock Analysis - Frequently Asked Questions

Should I buy or sell Clearwater Analytics stock right now?

10 Wall Street equities 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 equities 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 Wall Street analysts have issued 12-month price objectives for Clearwater Analytics' stock. 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 year. This suggests a possible upside of 11.9% 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 start of the year. Since then, CWAN shares have decreased by 3.2% and is now trading at $19.39.
View the best growth stocks for 2024 here
.

Are investors shorting Clearwater Analytics?

Clearwater Analytics saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 7,490,000 shares, an increase of 7.5% from the April 15th total of 6,970,000 shares. Based on an average trading volume of 1,300,000 shares, the days-to-cover ratio is presently 5.8 days. Currently, 6.5% of the shares of the company 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 earnings results on Wednesday, May, 1st. The company reported $0.10 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.01. The firm had revenue of $102.70 million for the quarter, compared to analysts' expectations of $100.55 million. Clearwater Analytics had a positive trailing twelve-month return on equity of 1.25% and a negative net margin of 3.90%. Clearwater Analytics's revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $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).AdvisorShares 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 earnings per share 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 a price of $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 investors include Wasatch Advisors LP (6.70%), Vanguard Group Inc. (6.18%), William Blair Investment Management LLC (4.24%), Conestoga Capital Advisors LLC (2.66%), Bamco Inc. NY (2.18%) and Allspring Global Investments Holdings LLC (1.78%). 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 5/19/2024 by MarketBeat.com Staff

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