Clearwater Analytics Holdings (CWAN) Gets a Buy Rating with a Lowered Price Target to $34.00 from DA Davidson

DA Davidson analyst Peter Heckmann maintained a "Buy" rating on Clearwater Analytics Holdings (CWAN) with a lower price target of $34.00, down from $36.00. Analysts have shown ongoing interest in the company, with a recent focus on front-office and middle-office capabilities. The average one-year target price is $31.67, with an average brokerage recommendation of 1.8, indicating an "Outperform" status. The estimated GF Value for CWAN in one year is $36.78, suggesting a 94.09% upside from the current price.

DA Davidson analyst Peter Heckmann maintained a "Buy" rating on Clearwater Analytics Holdings (CWAN) with a lower price target of $34.00, down from $36.00. The analyst cited the company's strong second-quarter performance, which saw 70% year-over-year growth in total revenue and 74% year-over-year growth in adjusted EBITDA, as the reason for the price target reduction [1].

Despite the price target reduction, DA Davidson maintained its "Buy" rating on Clearwater Analytics stock. The firm expects compound annual growth in adjusted EBITDA of 39%-40% from 2024 to 2027, including the impact of three pending acquisitions [1].

Other analysts have also shown ongoing interest in Clearwater Analytics. Goldman Sachs upgraded Clearwater Analytics to a "Buy" rating from "Neutral," maintaining a price target of $27. Morgan Stanley lowered its price target to $27 from $36, while Loop Capital adjusted its price target to $31 from $35, all while maintaining a "Buy" rating [1].

The average one-year target price is $31.67, with an average brokerage recommendation of 1.8, indicating an "Outperform" status. The estimated GF Value for CWAN in one year is $36.78, suggesting a 94.09% upside from the current price [1].

Clearwater Analytics reported its second-quarter earnings for 2025, surpassing market expectations. The company achieved an earnings per share of $0.12, exceeding the forecast of $0.11, and generated revenue of $181.9 million, outperforming the expected $174.1 million [2]. Additionally, Clearwater Analytics completed its acquisitions of Enfusion and Beacon, achieving $20 million in synergies a year ahead of schedule [1].

References:
[1] https://www.investing.com/news/analyst-ratings/clearwater-analytics-stock-price-target-lowered-to-34-at-da-davidson-93CH-4184523
[2] https://clearwateranalytics.com/press-releases/clearwater-analytics-announces-second-quarter-2025-financial-results/