Here’s What Analysts Think About Clearwater Analytics Holdings (CWAN)

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) is one of the Tech Stocks to Buy with the Highest Upside Potential. Analysts are bullish on Clearwater Analytics Holdings, Inc. (NYSE:CWAN) after it topped revenue estimates in its fiscal second quarter of 2025. The EPS also stayed in line with the consensus.

The company posted a revenue of $181.94 million, up 70.37% year-over-year and ahead of consensus by $7.80 million. Notably, the company announced new client wins, including Germany’s largest public insurer and a major international bank, expanding its global footprint and validating its integrated platform strategy. Moreover, revenue retention rates remained strong, with a gross retention rate of 98% and a net retention rate of 110%.

Following the positive update, on August 11, Goldman Sachs upgraded the stock from Neutral to Buy with a price target of $27. More recently, on August 26, RBC Capital analyst Rishi Jaluria also maintained a Buy rating on Clearwater Analytics Holdings, Inc. (NYSE:CWAN) with a price target of $36.

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) provides a cloud-native investment management platform for institutional investors that integrates portfolio management, trading, accounting, reconciliation, compliance, and risk analytics into one unified system.

While we acknowledge the potential of CWAN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CWAN and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.