Professional
Added to YB: 2024-03-01
Pitch date: 2024-02-02
CWAN [bullish]
Clearwater Analytics Holdings, Inc.
+26.55%
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 in the United States and internationally.
Market Cap
$7.2B
Pitch Price
$19.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
63.33
P/E
-144.61
EV/Sales
9.72
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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