On Nov 07, major Wall Street analysts update their ratings for $Clearwater Analytics (CWAN.US)$, with price targets ranging from $32 to $35.
J.P. Morgan analyst Alexei Gogolev upgrades to a buy rating, and adjusts the target price from $23 to $33.
Wells Fargo analyst Michael Turrin maintains with a buy rating, and adjusts the target price from $23 to $33.
Oppenheimer analyst Brian Schwartz maintains with a buy rating, and adjusts the target price from $31 to $35.
RBC Capital analyst Rishi Jaluria maintains with a buy rating, and adjusts the target price from $28 to $32.
William Blair analyst Dylan Becker maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Clearwater Analytics (CWAN.US)$'s main analysts recently are as follows:
Following a robust Q3 report, it was noted that the surge in recurring revenue to 114% was unexpected and primarily fuelled by the integration of new products and minimal customer attrition. Demand at the initial stages seems to be increasingly robust and was notably widespread among different client types and regions. It is believed that the substantial valuation premium compared to peers is warranted by an alluring mix of high sales growth, enhancing profitability, and gains in market share.
Clearwater Analytics displayed an impressive third quarter, marked by robust bookings, a significant increase in EBITDA, record free cash flow, and accelerating business growth. The outlook for the company remains positive with expectations of sustained bookings strength for both new and expanding customer relationships, spurred by effective sales productivity and the introduction of multiple new product cycles that are beginning to see success, as evidenced by the third-quarter results and continued operating leverage.
Here are the latest investment ratings and price targets for $Clearwater Analytics (CWAN.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美東時間11月7日，多家華爾街大行更新了$Clearwater Analytics (CWAN.US)$的評級，目標價介於32美元至35美元。
摩根大通分析師Alexei Gogolev上調至買入評級，並將目標價從23美元上調至33美元。
富國集團分析師Michael Turrin維持買入評級，並將目標價從23美元上調至33美元。
奧本海默控股分析師Brian Schwartz維持買入評級，並將目標價從31美元上調至35美元。
加皇資本市場分析師Rishi Jaluria維持買入評級，並將目標價從28美元上調至32美元。
威廉博萊分析師Dylan Becker維持買入評級。
此外，綜合報道，$Clearwater Analytics (CWAN.US)$近期主要分析師觀點如下：
在一份強勁的第三季度報告中，人們注意到營業收入激增至114%，這一情況出乎意料，並主要受到新產品整合和極低客戶流失的推動。最初階段的需求似乎變得越來越強勁，並且明顯地在不同的客戶類型和地區之間廣泛傳播。人們相信，與同行相比的實質性估值溢價是由高銷售增長、盈利能力提升和市場份額增加的吸引力混合所襯托的。
Clearwater Analytics展示了令人印象深刻的第三季度，以強勁的預訂、EBITDA大幅增長、創紀錄的自由現金流和業務增長加速爲標誌。公司未來前景積極，預計對持續增長的預訂力量以及新舊客戶關係的持續強化保持良好狀態，這受到有效銷售生產力和引入多個新產品週期的推動，這些產品週期開始獲得成功的支撐，正如第三季度的業績所證實的，並保持持續的運營槓桿效應。
以下爲今日5位分析師對$Clearwater Analytics (CWAN.US)$的最新投資評級及目標價：
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
