Clearwater Analytics

CWAN

Market cap $5.65B

Overview Fund Activity

19.31 USD

+0.14

0.73%

At close Updated Sep 18, 4:00 PM EDT

Pre-market

After hours

20.00

+0.69

3.57%

1 day

0.73%

5 days

-2.57%

1 month

-1.88%

3 months

-11.42%

6 months

-27.46%

Year to date

-29.03%

1 year

-23.22%

5 years

-23.89%

10 years

-23.89%

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

Technology Software - Application

0

Funds holding %

of 7,463 funds

0

Analysts bullish %

of 3 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

708% more call options, than puts

Call options by funds: $34.7M | Put options by funds: $4.29M

112% more repeat investments, than reductions

Existing positions increased: 197 | Existing positions reduced: 93

67% more first-time investments, than exits

New positions opened: 80 | Existing positions closed: 48

7% more funds holding

Funds holding: 365 [Q1] → 392 (+27) [Q2]

2.77% more ownership

Funds ownership: 107.88% [Q1] → 110.65% (+2.77%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 6 [Q1] → 6 (+0) [Q2]

2% less capital invested

Capital invested by funds: $6.3B [Q1] → $6.18B (-$126M) [Q2]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$27

40% upside

Avg. target

$32

67% upside

High target

$36

86% upside

3 analyst ratings

3 positive

100%

0 neutral

0%

0 negative

0%

RBC Capital Rishi Jaluria	$36	Outperform Reiterated	17 Sep 2025
DA Davidson Peter Heckmann	$34	Buy Maintained	12 Aug 2025
Piper Sandler Patrick Moley	$27	Overweight Assumed	24 Jun 2025

See Analyst Rankings

Financial journalist opinion

Based on 9 articles about CWAN published over the past 30 days

CWAN Enhances Alternative Assets Solution to Tackle $2.5 Trillion Private Credit Market

BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), a leading technology provider for investment management, today announced significant enhancements to its Alternative Assets Solution at its annual user conference, Connect '25, that directly address the scalability and compliance challenges facing the $2.5 trillion private credit market. The new capabilities automate bespoke loan structures, accelerate fund research with AI, synchronize data across asset owners and managers, and.

CWAN Enhances Alternative Assets Solution to Tackle $2.5 Trillion Private Credit Market

CWAN Honors Investment Management Leaders with 2025 Excellence Awards

BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced the winners of its Client Excellence Awards at its annual user conference Connect ‘25. The awards spotlight the industry pioneers who are setting new standards in investment management operations through transformational technology and operational breakthroughs. “These award winners exemplify what happens when innovation meets determination,” sa.

CWAN Honors Investment Management Leaders with 2025 Excellence Awards

CWAN and U.S. Bank Launch Compliance Solution for Government Clients

BOISE, Idaho & CHICAGO & NEW YORK & LONDON--(BUSINESS WIRE)--Clearwater Analytics (CWAN), the most comprehensive technology platform for investment management, today announced an expansion of its long-standing relationship with U.S. Bank. This collaboration will deliver CWAN's compliance solution as a standalone option, giving government clients a streamlined way to strengthen oversight, ensure reporting accuracy, and meet regulatory requirements with confidence. The solution leverages U.S. Ban.

CWAN and U.S. Bank Launch Compliance Solution for Government Clients

Clearwater Analytics Holdings, Inc. (CWAN) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference (Transcript)

Clearwater Analytics Holdings, Inc. (NYSE:CWAN ) Citi's 2025 Global Technology, Media and Telecommunications Conference September 4, 2025 1:30 PM EDT Company Participants Sandeep Sahai - CEO & Director James Cox - Chief Financial Officer Conference Call Participants Daniel Mcdow - Citi Presentation Sandeep Sahai CEO & Director [Audio Gap] bond, that data was used for all clients. And if they made any changes, all the clients saw it right away.

Clearwater Analytics Holdings, Inc. (CWAN) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference (Transcript)

Agile Investment Management Selects CWAN for Integrated Risk and Performance Analytics

BOISE, Idaho & NEW YORK & CHICAGO & LONDON & HONG KONG--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), the most comprehensive technology platform for investment management, today announced that Agile Investment Management, LLC has chosen CWAN's integrated risk and performance attribution solution. This implementation demonstrates the power of CWAN's unified ecosystem, giving Agile something they didn't have before: one connected platform delivering real-time risk management and performance.

Agile Investment Management Selects CWAN for Integrated Risk and Performance Analytics

Clearwater Analytics Holdings, Inc. (CWAN) Analyst/Investor Day Transcript

Clearwater Analytics Holdings, Inc. (NYSE:CWAN ) Analyst/Investor Day September 3, 2025 1:00 PM EDT Company Participants James Cox - Chief Financial Officer Alphonse Valbrune - Chief Legal Officer & Corporate Secretary Sandeep Sahai - CEO & Director Subi Sethi - Chief Operating Officer Souvik Das - Chief Technology Officer Kirat Singh - President of Risk & Alternative Assets Conference Call Participants Kevin McVeigh - UBS Investment Bank, Research Division Brian Schwartz - Oppenheimer & Co. Inc., Research Division Yun Suk Kim - Loop Capital Markets LLC, Research Division Michael Infante - Morgan Stanley, Research Division Isabella Camaj - JPMorgan Chase & Co, Research Division Peter Heckmann - D.A. Davidson & Co., Research Division Richard Poland - Wells Fargo Securities, LLC, Research Division Presentation James Cox Chief Financial Officer [Audio Gap] mention Cary Davis one of our board members, he is in the back, thank you, Cary, and lots and lots of people to thank, but I won't do that right now.

Clearwater Analytics Holdings, Inc. (CWAN) Analyst/Investor Day Transcript

CWAN Announces $100 Million Share Repurchase Program

BOISE, Idaho & NEW YORK & CHICAGO & LONDON & HONG KONG--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN) (“CWAN” or “Company”), the most comprehensive technology platform for investment management, today announced that its Board of Directors has authorized a $100 million share repurchase program. At yesterday's closing price of $20.19, the $100 million share repurchase program would result in the buyback of approximately 5 million shares. This would partially offset the dilutive impact of rec.

CWAN Announces $100 Million Share Repurchase Program

CWAN to Host Investor Day on September 3, 2025

BOISE, Idaho & NEW YORK & CHICAGO & LONDON & HONG KONG--(BUSINESS WIRE)--Clearwater Analytics Holdings, Inc. (NYSE: CWAN) (“Company”), the most comprehensive technology platform for investment management, will host its Investor Day tomorrow at the New York Stock Exchange in New York City. The event will feature presentations by the CWAN executive team and provide a strategic update on how our front-to-back investment management platform, recent acquisitions, and expanding global presence are dr.

CWAN to Host Investor Day on September 3, 2025

Clearwater Analytics Holdings: Near-Term Uncertainties Still Make Me Cautious

Clearwater Analytics Holdings delivered strong revenue growth, early synergy capture, and validated its front-to-back strategy, with major customer wins and a key Bloomberg partnership. Despite exceeding integration targets and achieving record profitability, core ARR growth decelerated and debt levels surged post-Enfusion acquisition. Elevated debt and slowing ARR growth weigh on financial flexibility and risk/reward, justifying a continued hold rating despite long-term potential.

Clearwater Analytics Holdings: Near-Term Uncertainties Still Make Me Cautious

The old software investing playbook is dead. Here's where to put your money now.

Software companies are facing a reckoning as AI lowers barriers to entry. Experts share how to find winners in an evolving competitive landscape.

The old software investing playbook is dead. Here's where to put your money now.

See News Rankings

Charts implemented using Lightweight Charts™