William Blair analyst Dylan Becker has maintained their bullish stance on CWAN stock, giving a Buy rating yesterday.
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Dylan Becker has given his Buy rating due to a combination of factors that highlight Clearwater Analytics Holdings’ strong performance and strategic positioning. The company reported a robust second quarter, surpassing market expectations with a 22% increase in core revenue and a solid adjusted EBITDA margin of 32%. This performance underscores the company’s sustained momentum and ability to deliver consistent growth.
Additionally, the successful integration of recent acquisitions, such as Enfusion, Beacon, and Bistro, has positively impacted both revenue and profitability. Clearwater’s comprehensive platform, which unifies front-, middle-, and back-office operations, positions it well to address the growing complexities in the investment management industry. With shares trading at an attractive valuation relative to projected 2026 EBITDA estimates, Becker sees a compelling investment opportunity in the company’s durable growth prospects.
In another report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $22.50 price target.
Based on the recent corporate insider activity of 98 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.