NYSE:CWAN

Clearwater Analytics (CWAN) Stock Price, News & Analysis

$16.66
+0.15 (+0.91%)
(As of 04/23/2024 ET)
Today's Range
$16.59
$17.08
50-Day Range
$16.16
$20.04
52-Week Range
$13.02
$21.89
Volume
739,928 shs
Average Volume
877,435 shs
Market Capitalization
$4.08 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$22.00

Clearwater Analytics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
32.1% Upside
$22.00 Price Target
Short Interest
Bearish
6.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.42mentions of Clearwater Analytics in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$275.81 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.

2.27 out of 5 stars

Computer And Technology Sector

396th out of 580 stocks

Prepackaged Software Industry

145th out of 196 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

Elon Musk’s Controversial New Project: “Apollo”
Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...
Clearwater Analytics (NYSE:CWAN) Stock Price Up 1.2%
Elon Musk’s Controversial New Project: “Apollo”
Have you seen this footage outside the headquarters of Elon Musk's "Project Apollo?" Big Tech and the mainstream media have called this project "controversial"...
CWAN Apr 2024 15.000 call
CWAN Apr 2024 20.000 put
ODDITY Tech Ltd. Class A
See More Headlines
Receive CWAN Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Clearwater Analytics and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
8/03/2022
Today
4/24/2024
Next Earnings (Confirmed)
5/01/2024
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
$22.00
High Stock Price Target
$25.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+32.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$-21,630,000.00
Pretax Margin
-6.21%

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
$4.08 billion
Optionable
Optionable
Beta
0.45
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

CWAN Stock Analysis - Frequently Asked Questions

Should I buy or sell Clearwater Analytics stock right now?

10 Wall Street 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 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 analysts have issued 12 month target prices for Clearwater Analytics' stock. Their CWAN share price targets range from $16.00 to $25.00. On average, they expect the company's share price to reach $22.00 in the next twelve months. This suggests a possible upside of 32.1% 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 16.8% and is now trading at $16.66.
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 March. As of March 31st, there was short interest totaling 6,020,000 shares, an increase of 5.8% from the March 15th total of 5,690,000 shares. Based on an average daily volume of 1,230,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 6.2% 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, May 1st 2024.
View our CWAN earnings forecast
.

How can I listen to Clearwater Analytics' earnings call?

Clearwater Analytics will be holding an earnings conference call on Wednesday, May 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Clearwater Analytics' earnings last quarter?

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) announced its earnings results on Wednesday, August, 3rd. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.01. The company earned $73.41 million during the quarter, compared to analyst estimates of $73.21 million. Clearwater Analytics had a negative net margin of 5.80% and a negative trailing twelve-month return on equity of 0.44%.

What ETF holds Clearwater Analytics' stock?

Direxion Daily Cloud Computing Bull 2x holds 976 shares of CWAN stock, representing 0.31% of its portfolio.

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

Clearwater Analytics updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $431.0 million-$437.0 million, compared to the consensus revenue estimate of $440.1 million.

When did Clearwater Analytics IPO?

Clearwater Analytics (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.

Who are Clearwater Analytics' major shareholders?

Clearwater Analytics' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (6.70%), Allspring Global Investments Holdings LLC (1.78%), Raymond James & Associates (0.26%), Seven Grand Managers LLC (0.06%), Cannon Global Investment Management LLC (0.02%) and NBC Securities Inc. (0.01%). 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 4/24/2024 by MarketBeat.com Staff

From Our Partners