Added to YB: 2024-03-22
Pitch date: 2024-01-23
CWAN [bullish]
Clearwater Analytics Holdings, Inc.
+28.28%
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
$18.99
Price Target
N/A
Dividend
N/A
EV/EBITDA
63.33
P/E
-144.61
EV/Sales
9.72
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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