10 Best Performing Fintech Stocks to Buy According to Analysts

5. Clearwater Analytics Holdings, Inc. (NYSE:CWAN)

Year-to-Date Performance: 11.47%

Average Price Target Upside Potential According to Analysts: 18.69%

Number of Hedge Fund Holders: 48

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) is a financial technology and software company that provides investment accounting software for reporting and reconciliation services for institutional investors. The company offers a range of services including investment portfolio planning, performance reporting, data aggregation, reconciliation, accounting, compliance, risk, and order management. Clearwater Analytics Holdings, Inc. (NYSE:CWAN) is one of the best-performing stocks to buy according to analysts.

On January 13, 2025, Clearwater Analytics Holdings, Inc. (NYSE:CWAN) announced that it has entered into an agreement to acquire Enfusion for a purchase price of $1.5 billion. Enfusion is a leading provider of software-as-a-service (SaaS) solutions for the investment management and hedge fund industry and this merger will expand the company’s investment management platform with front-to-back capabilities. This strategic move accelerates Clearwater Analytics Holdings, Inc.’s (NYSE:CWAN) goal of building the first cloud-native front-to-back platform for the investment management industry. Additionally, Clearwater Analytics Holdings, Inc. (NYSE:CWAN) continues to invest in research and development, particularly in Generative AI, to stay ahead of the market and deliver innovative solutions to its clients.