Clearwater Analytics/$CWAN

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About Clearwater Analytics

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.

Ticker

$CWAN

Sector

Software & Cloud Services

Primary listing

NYSE

Employees

1,915

CWAN Metrics

BasicAdvanced
$5.5B
11.53
$1.66
0.72
-

What the Analysts think about CWAN

Analyst ratings (Buy, Hold, Sell) for Clearwater Analytics stock.

Bulls say / Bears say

Clearwater Analytics posted a strong first quarter in fiscal 2025, with revenue reaching $126.9 million, up 23.5% year-over-year, and adjusted EBITDA at $45.1 million, a 40% increase year-over-year. The company also exceeded EPS expectations, reporting $0.13 compared to the anticipated $0.12 (Investing.com).
In January 2025, Clearwater agreed to acquire Enfusion for $1.5 billion in a combination of cash and stock. This move aims to expand Clearwater's global footprint, strengthen its front- and middle-office offerings, and accelerate its shift beyond back-office services (Reuters).
Morgan Stanley raised its rating on CWAN to 'overweight' in July 2025, increasing the price target to $34. The brokerage highlighted that the Enfusion acquisition establishes Clearwater as a top provider of comprehensive investment management solutions. Currently, nine out of ten brokers rate the stock a Buy or better (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2025.

CWAN Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

CWAN Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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