Coverage
— → Added to coverage
Investment conviction●●●○○3 of 5
Research target$25.78Stock price target
Investment thesis statusINTACTLast reviewed 7/22/26
Market cap$7.33BSnapshot value
Research history
See all CWAN changes ↗What changed
Clearwater Analytics provides investment compliance, accounting, and reporting solutions for asset owners — including government, insurance, and sovereign wealth funds. The platform's automated reconciliation and compliance monitoring creates audit-grade trust infrastructure for financial oversight.
Government financial audit modernization driving new Fed/state contracts Insurance asset compliance expansion (NAIC requirements) Q3 FY26 earnings — ARR growth and net retention metrics
needs primary source validation — pending deep-dive research. Placeholder: (1) thesis chain breaks on primary-source evidence, (2) named revenue/customer concentration risk, (3) margin compression or competitive displacement
research_only - seeded from company_layer_membership
Snapshot · 7/22/26🟡 Mixed · ins-$16.2M · 13F 21+/3-×0.0 · short↓0.14
Snapshot · 7/22/26