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Added to YB: 2024-03-01

Pitch date: 2024-02-02

CWAN [bullish]

Clearwater Analytics Holdings, Inc.

+11.69%

current return

Author Info

No bio for this author

Company Info

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.

Market Cap

$5.5B

Pitch Price

$19.25

Price Target

N/A

Dividend

N/A

EV/EBITDA

70.42

P/E

13.74

EV/Sales

9.97

Sector

Software

Category

growth

Show full summary:
RiverPark/Next Century Growth Fund New Position: Clearwater Analytics Holdings, Inc.

$CWAN: Investment accounting SaaS platform w/ $400M ARR in multi-$B TAM. 20%+ rev growth & 30% EBITDA margins in Q3 '23. Flat stock since '21 IPO despite strong fundamentals. Attractive valuation sets up compelling risk/reward.

Read full article (1 min)