Clearwater AnalyticsCWAN
CWAN
About: Clearwater Analytics describes its mission as aiming to be the world's most trusted and comprehensive technology platform for the entire investment cycle. Clearwater has historically focused on back-office functions such as investment accounting, but with acquisitions such Enfusion, Beacon, and Bistro, the firm has broadened its focus with front-office and middle-office capabilities. Clearwater primarily serves insurance companies, asset managers, hedge funds, and corporate treasuries. Pro forma for Enfusion, about 76% of Clearwater's revenue is generated in the US.
Employees: 1,915
0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
37% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 51
23% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 117
20% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 6 (+1) [Q1 2025]
4% more funds holding
Funds holding: 349 [Q4 2024] → 363 (+14) [Q1 2025]
3% more capital invested
Capital invested by funds: $6.14B [Q4 2024] → $6.3B (+$158M) [Q1 2025]
5.41% less ownership
Funds ownership: 113.27% [Q4 2024] → 107.86% (-5.41%) [Q1 2025]
49% less call options, than puts
Call options by funds: $10.7M | Put options by funds: $21M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$27
24%
upside
Avg. target
$30
38%
upside
High target
$36
65%
upside
5 analyst ratings
5 positive
100%
0 neutral
0%
0 negative
0%
Piper Sandler Patrick Moley | 24%upside $27 | Overweight Assumed | 24 Jun 2025 |
Oppenheimer Brian Schwartz | 65%upside $36 | Outperform Maintained | 11 Jun 2025 |
Piper Sandler Arvind Ramnani | 28%upside $28 | Overweight Maintained | 1 May 2025 |
JP Morgan Alexei Gogolev | 28%upside $28 | Overweight Reinstated | 25 Apr 2025 |
Wells Fargo Michael Turrin | 47%upside $32 | Overweight Maintained | 22 Apr 2025 |
Financial journalist opinion
Based on 6 articles about CWAN published over the past 30 days
Neutral
PRNewsWire
2 days ago
Bloomberg And Clearwater Analytics Partner to Optimize Investment Management Workflows
NEW YORK , July 9, 2025 /PRNewswire/ -- Bloomberg and Clearwater Analytics (NYSE: CWAN) ("Clearwater") today announced a strategic collaboration to deliver a front-to-back investment solution for asset owners and asset managers using an open and modular approach. This collaboration brings together best-in-class solutions to introduce a comprehensive investment management offering.
Neutral
PRNewsWire
2 days ago
Bloomberg And Clearwater Analytics Partner to Optimize Investment Management Workflows
NEW YORK , July 9, 2025 /PRNewswire/ -- Bloomberg and Clearwater Analytics (NYSE: CWAN) ("Clearwater") today announced a strategic collaboration to deliver a front-to-back investment solution for asset owners and asset managers using an open and modular approach. This collaboration brings together best-in-class solutions to introduce a comprehensive investment management offering.
Neutral
Business Wire
1 week ago
Germany's Largest Public Insurer Versicherungskammer Selects Clearwater Analytics for Scalable Investment Operations
BOISE, Idaho & CHICAGO & NEW YORK & MUNICH & FRANKFURT A.M., Germany--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that Versicherungskammer Group has selected Clearwater Analytics' platform to power their middle, back office and risk functions. This decision is based on a comprehensive operating model review that began in 2024, followed by a structured selection process to identify a strategic partner.
Positive
Seeking Alpha
2 weeks ago
Clearwater Analytics Holdings: Clear Case Of Undervaluation Despite Integration Concerns
Clearwater Analytics is undervalued, with strong revenue growth projections and a realistic path to a $30 share price by year-end. Recent acquisitions (Enfusion, Beacon, Bistro) raise integration concerns, but I see these as manageable and believe revenue retention worries are overblown. Blended pro forma retention remains robust, and potential revenue/cost synergies could further boost profitability and valuation.
Neutral
Business Wire
3 weeks ago
HG Re Ltd. Selects Clearwater Analytics for Performance Attribution and Risk Management
BOISE, Idaho & CHICAGO & NEW YORK & LONDON--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that HG Re Ltd. has selected Clearwater to enhance its investment performance measurement and risk analytics capabilities. This implementation will provide HG Re with advanced tools to support data-driven investment decisions and improve portfolio oversight. By adopting Clearwater, HG Re is streamlining its operatio.
Neutral
Business Wire
3 weeks ago
All Super-Voting Shares of Clearwater Analytics Converted to Single-Vote Shares
BOISE, Idaho & CHICAGO & NEW YORK & LONDON--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that all of its shares of Class C Common Stock and Class D Common Stock, which carry 10 votes, were automatically converted to Class B Common Stock and Class A Common Stock, which carry 1 vote, eliminating all outstanding super-voting shares. The conversion occurred in connection with the sale of approximately 14.1.
Neutral
Business Wire
1 month ago
Pool Re Selects Clearwater Analytics to Modernize Investment Operations and Risk Management
BOISE, Idaho & LONDON--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that Pool Re, the UK's terrorism reinsurer overseeing more than £7.2 billion in assets, has selected Clearwater to modernize its investment operations, accounting, and risk management infrastructure. After a 2024 tender process, Pool Re adopted Clearwater's platform as its Investment Accounting Book of Record and has since expanded its.
Neutral
Business Wire
1 month ago
Norli Liv & Pension Modernizes Investment Operations with Clearwater Analytics
BOISE, Idaho & CHICAGO & NEW YORK & LONDON--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that Danish pension provider, Norli Liv & Pension, part of the Norli group, has partnered with Clearwater to modernize its investment accounting, reporting and compliance operations. Clearwater will provide Norli with a single, consolidated view of all in-house and outsourced chief investment officer (OCIO) mana.
Positive
Seeking Alpha
2 months ago
Clearwater Analytics: Boosting Vertical Integration Through Recent Acquisitions (Upgrade)
Clearwater Analytics reported strong Q1 2025 results, beating revenue and earnings estimates, and has turned operating income positive. CWAN's growth strategy includes major acquisitions to enhance its SaaS platform, targeting vertical integration, and expanding capabilities. The company is well-positioned in the growing investment management software market, with a focus on data interoperability, vendor consolidation, and generative AI technologies.
Neutral
Business Wire
2 months ago
Wayne Cooperative Insurance Expands Clearwater Analytics Relationship with Risk and Performance Analytics Suite
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that long-time client Wayne Cooperative Insurance has expanded its relationship with Clearwater to include performance attribution and risk analytics that drive improved returns and reduced risk exposure. Building on their successful use of Clearwater's core investment accounting and reporting platform, Wayne Cooperative Insurance will now enhan.
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