Clearwater Analytics (CWAN) Stock Forecast, Price Target & Predictions
CWAN Stock Forecast
Clearwater Analytics stock forecast is as follows: an average price target of $28.50 (represents a -7.53% downside from CWAN’s last price of $30.82) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
CWAN Price Target
The average price target for Clearwater Analytics (CWAN) is $28.50 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $20.00. This represents a potential -7.53% downside from CWAN's last price of $30.82.
CWAN Analyst Ratings
According to 7 Wall Street analysts, Clearwater Analytics's rating consensus is 'Buy'. The analyst rating breakdown for CWAN stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Clearwater Analytics Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 08, 2024 | Peter Heckmann | D.A. Davidson | $35.00 | $31.39 | 11.50% | 13.56% |
| Oct 07, 2024 | Brian Schwartz | Oppenheimer | $31.00 | $25.38 | 22.14% | 0.58% |
| Sep 18, 2024 | Rishi Jaluria | RBC Capital | $28.00 | $24.72 | 13.27% | -9.15% |
| Jul 08, 2024 | Brian Schwartz | Oppenheimer | $25.00 | $19.30 | 29.53% | -18.88% |
| Jan 06, 2023 | - | Wells Fargo | $20.00 | $17.94 | 11.48% | -35.11% |
| Jun 22, 2022 | Brian Schwartz | Oppenheimer | $18.00 | $12.81 | 40.52% | -41.60% |
The latest Clearwater Analytics stock forecast, released on Nov 08, 2024 by Peter Heckmann from D.A. Davidson, set a price target of $35.00, which represents a 11.50% increase from the stock price at the time of the forecast ($31.39), and a 13.56% increase from CWAN last price ($30.82).
Clearwater Analytics Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 4 |
| Avg Price Target | $35.00 | $31.33 | $29.75 |
| Last Closing Price | $30.82 | $30.82 | $30.82 |
| Upside/Downside | 13.56% | 1.65% | -3.47% |
In the current month, the average price target of Clearwater Analytics stock is $35.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 13.56% increase as opposed to Clearwater Analytics's last price of $30.82. This month's average price target is up 11.71% compared to last quarter, and up 17.65% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Oct 07, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Sep 18, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 19, 2024 | Citigroup | - | Buy | Initialise |
| Jul 08, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 08, 2024 | Oppenheimer | Underperform | Underperform | Hold |
| Jul 08, 2024 | Oppenheimer | Perform | Outperform | Upgrade |
| May 02, 2024 | Piper Sandler | Underperform | Underperform | Hold |
| May 02, 2024 | Wells Fargo | Buy | Buy | Hold |
| Sep 24, 2023 | Loop Capital Markets | - | Buy | Upgrade |
Clearwater Analytics's last stock rating was published by Morgan Stanley on Oct 17, 2024. The company gave CWAN a "Equal-Weight" rating, the same as its previous rate.
Clearwater Analytics Financial Forecast
Clearwater Analytics Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $99.02M | $94.66M | $89.88M | $84.61M | $82.69M | $76.55M | $73.41M | $70.78M | $69.76M | $64.49M |
| Avg Forecast | $169.18M | $162.74M | $151.73M | $145.74M | $143.80M | $137.22M | $128.54M | $122.75M | $120.41M | $113.58M | $105.60M | $100.55M | $98.79M | $91.95M | $87.68M | $83.29M | $80.60M | $74.59M | $73.41M | $70.05M | $66.48M | $62.15M |
| High Forecast | $171.57M | $165.04M | $153.88M | $147.80M | $145.84M | $139.16M | $130.36M | $124.76M | $121.46M | $113.67M | $105.65M | $100.55M | $99.01M | $91.96M | $88.92M | $84.47M | $81.74M | $74.59M | $73.41M | $70.05M | $66.48M | $62.15M |
| Low Forecast | $167.20M | $160.84M | $149.96M | $144.04M | $142.12M | $135.61M | $127.03M | $121.12M | $119.86M | $113.50M | $105.56M | $100.55M | $98.60M | $91.94M | $86.65M | $82.32M | $79.66M | $74.59M | $73.41M | $70.05M | $66.48M | $62.15M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.03% | 1.03% | 1.02% | 1.03% | 1.03% | 1.00% | 1.01% | 1.05% | 1.04% |
Clearwater Analytics's average Quarter revenue forecast for Mar 24 based on 4 analysts is $100.55M, with a low forecast of $100.55M, and a high forecast of $100.55M. CWAN's average Quarter revenue forecast represents a 1.54% increase compared to the company's last Quarter revenue of $99.02M (Dec 23).
Clearwater Analytics EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $2.59M | $-5.89M | $-4.71M | $-3.87M | $5.51M | $217.00K | $2.29M | $2.24M | $1.79M | $-2.12M |
| Avg Forecast | $6.23M | $6.00M | $5.59M | $5.37M | $5.30M | $5.05M | $4.74M | $4.52M | $4.44M | $4.18M | $3.89M | $3.70M | $3.64M | $3.39M | $3.23M | $3.07M | $2.97M | $3.85M | $3.79M | $2.02M | $3.43M | $-5.72M |
| High Forecast | $6.32M | $6.08M | $5.67M | $5.44M | $5.37M | $5.13M | $4.80M | $4.60M | $4.47M | $4.19M | $3.89M | $3.70M | $3.65M | $3.39M | $3.28M | $3.11M | $3.01M | $3.85M | $3.79M | $2.43M | $3.43M | $-4.57M |
| Low Forecast | $6.16M | $5.93M | $5.52M | $5.31M | $5.24M | $5.00M | $4.68M | $4.46M | $4.42M | $4.18M | $3.89M | $3.70M | $3.63M | $3.39M | $3.19M | $3.03M | $2.93M | $3.85M | $3.79M | $1.62M | $3.43M | $-6.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | -1.74% | -1.46% | -1.26% | 1.86% | 0.06% | 0.60% | 1.11% | 0.52% | 0.37% |
4 analysts predict CWAN's average Quarter EBITDA for Mar 24 to be $3.70M, with a high of $3.70M and a low of $3.70M. This is 43.01% upper than Clearwater Analytics's previous annual EBITDA (Dec 23) of $2.59M.
Clearwater Analytics Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-4.19M | $-1.87M | $-10.92M | $-5.42M | $-1.97M | $-3.03M | $-2.23M | $398.00K | $134.00K | $-11.43M |
| Avg Forecast | $41.65M | $39.86M | $37.96M | $36.22M | $33.72M | $32.23M | $29.03M | $27.98M | $26.60M | $25.55M | $22.79M | $20.76M | $18.41M | $17.82M | $15.79M | $13.71M | $14.57M | $10.67M | $11.28M | $398.00K | $11.86M | $-30.86M |
| High Forecast | $42.42M | $40.59M | $38.65M | $36.89M | $34.34M | $32.83M | $29.57M | $30.31M | $31.43M | $25.59M | $22.84M | $20.80M | $20.71M | $17.94M | $16.08M | $13.96M | $14.84M | $10.67M | $11.28M | $477.60K | $11.86M | $-24.68M |
| Low Forecast | $41.02M | $39.25M | $37.38M | $35.67M | $33.21M | $31.74M | $28.59M | $25.64M | $21.76M | $25.50M | $22.74M | $20.72M | $13.81M | $17.71M | $15.55M | $13.50M | $14.35M | $10.67M | $11.28M | $318.40K | $11.86M | $-37.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.23% | -0.10% | -0.69% | -0.40% | -0.13% | -0.28% | -0.20% | 1.00% | 0.01% | 0.37% |
Clearwater Analytics's average Quarter net income forecast for Jun 22 is $11.28M, with a range of $11.28M to $11.28M. CWAN's average Quarter net income forecast represents a 2733.44% increase compared to the company's last Quarter net income of $398.00K (Mar 22).
Clearwater Analytics SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $34.37M | $41.29M | $40.20M | $38.00M | $31.29M | $29.56M | $28.53M | $27.03M | $27.23M | $21.03M |
| Avg Forecast | $60.53M | $58.23M | $54.29M | $52.14M | $51.45M | $49.09M | $45.99M | $43.92M | $43.08M | $40.64M | $37.78M | $35.97M | $35.35M | $32.90M | $31.37M | $29.80M | $28.84M | $26.65M | $26.23M | $27.03M | $23.75M | $56.77M |
| High Forecast | $61.38M | $59.05M | $55.05M | $52.88M | $52.18M | $49.79M | $46.64M | $44.64M | $43.46M | $40.67M | $37.80M | $35.97M | $35.42M | $32.90M | $31.81M | $30.22M | $29.24M | $26.65M | $26.23M | $32.44M | $23.75M | $68.12M |
| Low Forecast | $59.82M | $57.54M | $53.65M | $51.53M | $50.85M | $48.52M | $45.45M | $43.34M | $42.88M | $40.61M | $37.77M | $35.97M | $35.28M | $32.89M | $31.00M | $29.45M | $28.50M | $26.65M | $26.23M | $21.63M | $23.75M | $45.42M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 1.26% | 1.28% | 1.28% | 1.08% | 1.11% | 1.09% | 1.00% | 1.15% | 0.37% |
Clearwater Analytics's average Quarter SG&A projection for Mar 24 is $35.97M, based on 4 Wall Street analysts, with a range of $35.97M to $35.97M. The forecast indicates a 4.68% rise compared to CWAN last annual SG&A of $34.37M (Dec 23).
Clearwater Analytics EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 8 | 4 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.02 | $-0.01 | $-0.06 | $-0.03 | $-0.01 | $-0.02 | $-0.01 | - | - | $-0.05 |
| Avg Forecast | $0.18 | $0.17 | $0.16 | $0.16 | $0.15 | $0.14 | $0.13 | $0.12 | $0.11 | $0.11 | $0.10 | $0.09 | $0.08 | $0.08 | $0.07 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.02 |
| High Forecast | $0.18 | $0.18 | $0.17 | $0.16 | $0.15 | $0.14 | $0.13 | $0.13 | $0.14 | $0.11 | $0.10 | $0.09 | $0.09 | $0.08 | $0.07 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.02 |
| Low Forecast | $0.18 | $0.17 | $0.16 | $0.15 | $0.14 | $0.14 | $0.12 | $0.11 | $0.09 | $0.11 | $0.10 | $0.09 | $0.06 | $0.08 | $0.07 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.02 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.26% | -0.12% | -0.81% | -0.47% | -0.17% | -0.33% | -0.23% | 0.05% | 0.01% | -2.25% |
According to 2 Wall Street analysts, Clearwater Analytics's projected average Quarter EPS for Jun 22 is $0.05, with a low estimate of $0.05 and a high estimate of $0.05. This represents a 2247.59% increase compared to CWAN previous annual EPS of - (Mar 22).
Clearwater Analytics Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| EXFY | Expensify | $2.77 | $13.75 | 396.39% | Buy |
| ONTF | ON24 | $6.36 | $18.00 | 183.02% | - |
| PYCR | Paycor HCM | $16.16 | $22.00 | 36.14% | Hold |
| ALKT | Alkami | $37.81 | $45.67 | 20.79% | Buy |
| PCTY | Paylocity | $194.78 | $218.64 | 12.25% | Buy |
| ENV | Envestnet | $63.09 | $67.86 | 7.56% | Hold |
| PCOR | Procore | $70.04 | $74.50 | 6.37% | Buy |
| DSGX | Descartes Systems Group | $113.61 | $109.63 | -3.50% | Buy |
| CWAN | Clearwater Analytics | $30.82 | $28.50 | -7.53% | Buy |