William Blair analyst Dylan Becker has maintained their bullish stance on CWAN stock, giving a Buy rating on April 25.
Dylan Becker has given his Buy rating due to a combination of factors that highlight Clearwater Analytics Holdings’ strong performance and future potential. The company has demonstrated impressive revenue growth of 24% and an adjusted EBITDA margin of 36%, which supports its ongoing momentum. Additionally, Clearwater’s strategic move away from AUM-based pricing provides stability amidst market volatility, while its core platform’s capabilities in real-time portfolio visibility and risk management continue to drive demand.
Moreover, Clearwater’s management has maintained a positive outlook with expectations of sustained 20% growth and annual margin expansion. The integration of recently acquired assets such as Enfusion, Beacon, and Bistro is anticipated to enhance its platform, offering a comprehensive solution for asset managers and owners. Despite the challenges of integrating these new businesses, the stock’s current valuation presents an attractive opportunity for investors, given the company’s robust growth trajectory and innovative platform offerings.
In another report released on April 25, Morgan Stanley also maintained a Buy rating on the stock with a $36.00 price target.
Based on the recent corporate insider activity of 106 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CWAN in relation to earlier this year.