Clearwater Analytics Surges to 416th in Daily Rankings with $244 Million Turnover Despite 6.67% Stock Price Decline

Generado por agente de IAAinvest Volume Radar
miércoles, 11 de junio de 2025, 8:06 pm ET1 min de lectura
CWAN--

On June 11, 2025, Clearwater AnalyticsCWAN-- (CWAN) experienced a significant increase in trading volume, with a turnover of $244 million, marking an 89.04% rise from the previous day. This surge placed Clearwater Analytics at the 416th position in the daily stock market rankings. However, despite the high trading volume, the stock price of Clearwater Analytics declined by 6.67%.

Oppenheimer has adjusted its price target for Clearwater Analytics, reducing it from $40 to $36. This revision is attributed to broader market conditions and group multiples compression. The firm maintains an "outperform" rating on the stock. Additionally, UBS Group has increased its price target for Clearwater Analytics from $36 to $38, while maintaining a "buy" rating.

Analysts have provided deeper insights into Clearwater Analytics' future performance, with an average 12-month price target of $31.00. The highest estimate stands at $36.00, while the lowest is not specified. These assessments reflect the varying opinions among analysts regarding the company's potential growth and market position.

Clearwater Analytics Holdings, Inc. is a leading provider of software-as-a-service (SaaS) solutions for investment management, accounting, reporting, and analytics. The company's cloud-native software enables clients to simplify their investment accounting operations, allowing them to focus on higher-value business functions such as asset allocation strategy and investment selection. The platform offers comprehensive accounting, data, and advanced analytics, as well as highly configurable reporting for global investment assets on a daily or on-demand basis.

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