Clearwater Analytics: Core Business Needs Re-Acceleration To Make Equity Story Clearer

Core Viewpoint - Clearwater Analytics (CWAN) has received a hold rating despite strong Q3 2025 results and better-than-expected integration of Enfusion, Beacon, and Bistro, indicating that the market may require further evidence of sustained performance [1]. Financial Performance - Q3 2025 results for Clearwater Analytics were strong, suggesting positive operational performance [1]. Integration Progress - The integration of Enfusion, Beacon, and Bistro is progressing better than anticipated, which may enhance the company's operational capabilities [1].