Added to YB: 2024-03-22
Pitch date: 2024-01-23
CWAN [bullish]
Clearwater Analytics Holdings, Inc.
+14.85%
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
$18.99
Price Target
N/A
Dividend
N/A
EV/EBITDA
70.42
P/E
13.74
EV/Sales
9.97
Sector
Software
Category
growth
Next Century Growth Investors SMID Cap Growth Strategy New Portfolio holding: Clearwater Analytics Holdings, Inc.
CWAN: SaaS for investment accounting & analytics. $400M ARR in large fragmented market. 2021 IPO, strong fundamentals (>20% rev growth, 30% EBITDA margins in Q3 '23) but flat stock. More attractive valuation now with potential for value compounding ahead.
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