Clearwater Analytics (CWAN): Best Low Priced Technology Stocks to Buy According to Hedge Funds

Clearwater Analytics Holdings Inc. (NYSE:CWAN) is one of the best low priced technology stocks to buy according to hedge funds. On May 7, Clearwater Analytics reported its Q1 2026 financial results, with total revenue rising 74% year-over-year to $221.2 million. ARR grew 77% to $872 million, and Adjusted EBITDA increased 72% to $77.4 million, achieving a 35% margin. The company reported a GAAP net loss of $2.8 million alongside a record non-GAAP gross profit of $172.7 million, driven by the integration of GenAI tools and the completed full-year integration of Enfusion, Beacon, and Bistro.

Operationally, the platform maintained a 97% gross revenue retention rate and a 108% net revenue retention rate. Recent business milestones include key client adoptions, such as Orange Investment Advisors implementing Enfusion for structured credit operations and Dunamis Asset Management onboarding the system to support its hedge fund expansion in South Korea and Hong Kong.

Additionally, Clearwater shareholders recently voted to adopt a previously announced merger agreement to be acquired by an investor group led by Permira and Warburg Pincus. The transaction values the company at ~$8.4 billion, offering stockholders $24.55 per share in cash. Clearwater Analytics Holdings Inc. (NYSE:CWAN) has received all regulatory approvals except from the Australian Foreign Investment Review Board, with the acquisition expected to close in Q2 2026.

Clearwater Analytics Holdings Inc. (NYSE:CWAN) provides a cloud-native investment management platform for institutional investors across public and private markets, using a single-instance, multi-tenant architecture to deliver real-time data and AI-driven insights across the investment lifecycle.

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