Professional
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
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.
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