Clearwater Analytics Hldg Stock (NYSE: CWAN)

Dernières nouvelles pour Clearwater Analytics Hldg (NYSE:CWAN) Stock

CLEARWATER ANALYTICS HDS-A

Clearwater Analytics Hldg

Clearwater Analytics Holdings Inc provides a SaaS solution for automated investment data aggregation, reconciliation, accounting and reporting services to insurers, investment managers, corporations, institutional investors and government entities. It earns revenue from providing access to its SaaS platform to customers, services that support the implementation on the SaaS platform, selling perpetual and term-based software licenses and providing maintenance and support and professional services under contracts with customers. The majority of the revenue is earned in the United States.

Clearwater Analytics Holdings, Inc. Class A Common Stock

Clearwater Analytics Holdings Inc

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Shares of electrical equipment companies are higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate some supply chain concerns and improve macro sentiment as well as demand visibility.

DraftKings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>) shares are trading higher by 4.4% to $37.83 during Monday&#8217;s session. Needham &amp; Company reiterated its <a href="https://www.benzinga.com/quote/DKNG/analyst-ratings">Buy rating</a> on the stock, despite trimming the price target from $65 to $60.
What Else: In Needham&#8217;s note, analysts highlighted improving sentiment following better-than-feared handle trends in the <a href="https://www.benzinga.com/general/sports/25/05/45303072/draftkings-q1-earnings-highlights-revenue-miss-eps-miss-guidance-cut-after-bettors-beat-the-house">first quarter</a>. DraftKings posted 16% year-over-year handle growth, accelerating from the previous quarter and notably outperforming FanDuel.
Analysts credited DraftKings' product-driven strategy—especially in live betting, now over half of its total handle—as a key advantage. MLB live betting was singled out for growing 36% year-over-year in April. 
While iGaming growth decelerated to 15% in the first-quarter, Needham expects a rebound in the second-quarter, backed by April momentum and product improvements.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45325816/unfavorable-sports-outcomes-have-negatively-affected-draftkings-outlook-analyst">Unfavorable Sports Outcomes Have Negatively Affected DraftKings&#8217; Outlook: Analyst</a>
What Else: Despite first-quarter revenue of <a href="https://www.benzinga.com/general/sports/25/05/45303072/draftkings-q1-earnings-highlights-revenue-miss-eps-miss-guidance-cut-after-bettors-beat-the-house">$1.41 billion</a> and EPS of 12 cents both falling short of expectations, DraftKings saw strong user engagement. Monthly Unique Payers surged <a href="https://www.benzinga.com/pressreleases/25/05/g45300092/draftkings-reports-first-quarter-revenue-of-1-409-million">28% to 4.3 million</a>, aided by the Jackpocket acquisition. Excluding that, user growth was still a healthy 11%. 
However, the company revised its 2025 revenue and EBITDA guidance downward, citing customer-favorable sports outcomes in March. 
Still, Needham remains confident in DraftKings' long-term positioning, citing the company's sustained leadership and potential for legislative tailwinds in new markets.
Read Also: <a href="http://These Analysts Slash Their Forecasts On DraftKings After Q1 Results">These Analysts Slash Their Forecasts On DraftKings After Q1 Results</a>
<h2 class="wp-block-heading">How To Buy DKNG Stock</h2>
By now you're likely curious about how to participate in the market for DraftKings &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of DraftKings, which is trading at $37.81 as of publishing time, $100 would buy you 2.64 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, DKNG has a 52-week high of $53.61 and a 52-week low of $28.69.

News

DKNG

Needham Says DraftKings (DKNG) Q1 Handle Should 'Calm Fears'

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Maxeon Solar Technologies, Ltd. - Ordinary Shares

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Penguin Solutions, Inc. - Ordinary Shares

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Shares of semiconductor companies are higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate some supply chain concerns and improve macro sentiment as well as demand visibility.

Goldman Sachs analyst Noah Poponak maintains Rocket Lab USA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) with a Neutral and raises the price target from $14.35 to $16.

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Goldman Sachs Maintains Neutral on Rocket Lab USA, Raises Price Target to $16

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Core Scientific, Inc. - Class A Common Stock

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MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

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Next Technology Holding Inc. - Ordinary Shares

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Shares of software stocks are trading higher amid overall market strength after the US and China agreed to a temporary reduction in most tariffs on each other's goods.

Goldman Sachs analyst Will Nance maintains PAR Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAR#NYSE">PAR</a>) with a Neutral and raises the price target from $57 to $65.

Goldman Sachs Maintains Neutral on PAR Technology, Raises Price Target to $65

Goldman Sachs analyst Adam Bubes maintains OPAL Fuels (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPAL#NASDAQ">OPAL</a>) with a Sell and raises the price target from $1.75 to $2.

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Goldman Sachs Maintains Sell on OPAL Fuels, Raises Price Target to $2

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Market Index Target Term Securities Linked To The Dow Jones Industrial Average

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Shares of companies within the broader consumer discretionary sector are trading higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. This could alleviate supply chain uncertainty in the sector.

Goldman Sachs analyst Noah Poponak maintains Mercury Sys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRCY#NASDAQ">MRCY</a>) with a Sell and raises the price target from $30 to $33.

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Goldman Sachs Maintains Sell on Mercury Sys, Raises Price Target to $33

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Shares of restaurant companies are trading higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. This could alleviate supply chain uncertainty in the sector.

Wall Street analysts rerated Coinbase Global, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) on Friday after the company reported disappointing <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45302422/coinbase-q1-earnings-highlights-revenue-eps-miss-2025" rel="noreferrer noopener">first-quarter results</a> on Thursday.
Rosenblatt analyst Chris Brendler maintained Coinbase Global with a Buy and a <a href="https://www.benzinga.com/quote/COIN/analyst-ratings" target="_blank" rel="noreferrer noopener">$260 price target</a>.
Needham analyst John Todaro reiterated Coinbase Global with a Buy and lowered the price target from $330 to $270.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/price-target/25/05/45155666/robinhood-stock-falls-after-analysts-cite-weak-crypto-volumes-and-market-headwinds-in-q2-outlook" rel="noreferrer noopener">Robinhood Stock Falls After Analysts Cite Weak Crypto Volumes And Market Headwinds In Q2 Outlook</a>
Rosenblatt: Revenue of $2.03 billion missed consensus of $2.10 billion by ~3% but came in slightly higher than Brendler&#8217;s estimate. 
Despite multiple attempts to anticipate trading weakness, transaction revenue still missed the analyst&#8217;s below consensus estimate ($1.26 billion versus his $1.30 billion) as high-yielding Consumer volumes were in line, but take rates declined more than expected in both Consumer and Institutional. 
On a positive note, MTUs of 9.7 million exceeded expectations (consensus 9.2 million), showing strength in platform engagement even as spot trading volumes declined sequentially.
In Brendler&#8217;s recent initiation, expanding opportunities outside the core trading business represented a key component of his thesis, as these largely recurring revenue streams should boost the multiple. This quarter, the analyst saw trading weakness more than offset by strength in Subscription and Services Revenue as Stablecoins were even better than anticipated and Other beat due to growth in premium offerings (Prime). 
The biggest positive surprise versus Brendler&#8217;s estimates was in Blockchain revenue, as despite a 35+ % decline in token prices, staking revenue only fell 8.5% sequentially versus the analyst&#8217;s -20% estimate.
Coinbase Global&#8217;s acquisition of Deribit is expected to close by year-end and should be immediately accretive to adjusted EBITDA. The deal is perfectly timed as it cements Coinbase Global&#8217;s leadership in the high-growth derivatives market and turbocharges its international exchange. Even better, Deribit&#8217;s $1 trillion+ in trading volumes are all outside the U.S., and with domestic regulatory clarity coming soon, Brendler noted the synergies could be substantial. Combined with a lower-than-expected price tag of $2.9 billion, this is one of the most compelling acquisitions the analyst noted in a long time.
Brendler projected second-quarter revenue of $1.78 billion and adjusted EPS of $2.48.
Needham: Coinbase Global reported a narrow top-line Street miss but modestly beat analyst Todaro&#8217;s estimates. The take rate modestly declined in the crypto transaction segment for both retail and institutional customers. Positive call-outs in the quarter were around USDC and the recently announced Deribit acquisition, which is expected to close by year-end 2025.
The $2.9 billion deal consists of $700 million in cash and 11 million shares of Coinbase Global stock.
The analyst noted the offering, which will be primarily geared for international markets, allows Coinbase Global to become a major player in derivatives and internationally. Additionally, Coinbase Global&#8217;s international exchange launched 39 new perpetual contracts and expanded the asset collateral type to 8 assets from 3.
Coinbase Global&#8217;s volume mix has recently been more Bitcoin and Ethereum than alt-coins, suggesting a greater shift towards institutional volume than retail for the second quarter. This negatively affects revenues as Coinbase Global has a significantly higher take rate on retail than institutional.
Additionally, April and May volumes are trending notably lower than average monthly volumes for the first quarter.
The good news is crypto asset prices recently inflected with Bitcoin rising back over $100k and a strong performance among alt-coins.
Historically, crypto asset prices find a bottom before volumes do, which suggests that with prices already inflecting, volumes should start seeing a bottom in the next one to two months. Nonetheless, Todaro lowered his fiscal 2025 and 2026 estimates to reflect lower volume estimates than his prior forecast.
Todaro projected second-quarter revenue of $1.56 billion and EPS of 80 cents.
COIN Price Action: Coinbase stock is up 5.74% to $210.76 at publication on Monday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44672428/analyst-warns-tariffs-could-push-us-bitcoin-mining-build-costs-20-higher" target="_blank" rel="noreferrer noopener">Analyst Warns Tariffs Could Push US Bitcoin Mining Build Costs 20% Higher</a></li>
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Photo: Shuttestock

Analyst Color

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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Reiteration

Trading Ideas

COIN

Coinbase's Subscription Gains, Deribit Acquisition, Blockchain Revenue Strength Prompt Analyst Support

Goldman Sachs analyst Andrea Tan maintains Iovance Biotherapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOVA#NASDAQ">IOVA</a>) with a Buy and lowers the price target from $16 to $8.

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Goldman Sachs Maintains Buy on Iovance Biotherapeutics, Lowers Price Target to $8

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Shares of beauty and cosmetic companies are trading higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. This could alleviate supply chain uncertainty in the sector.

Goldman Sachs analyst Eric Sheridan maintains Groupon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRPN#NASDAQ">GRPN</a>) with a Sell and raises the price target from $9 to $15.

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Goldman Sachs Maintains Sell on Groupon, Raises Price Target to $15

Wells Fargo analyst Marc Torrente maintains Post Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POST#NYSE">POST</a>) with a Equal-Weight and lowers the price target from $124 to $120.

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Wells Fargo Maintains Equal-Weight on Post Holdings, Lowers Price Target to $120

<h3>Gainers</h3>
<ul>
<li>Top Win International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOPW#NASDAQ">TOPW</a>) stock rose 44.5% to $5.55 during Monday's regular session. The company's market cap stands at $137.9 million. </li>
<li>Funko (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNKO#NASDAQ">FNKO</a>) stock rose 41.02% to $4.95. The company's market cap stands at $266.7 million. The company's, Q1 earnings came out 2 days ago. </li>
<li>Hamilton Beach Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBB#NYSE">HBB</a>) stock moved upwards by 27.36% to $18.48. The company's market cap stands at $249.7 million. </li>
<li>Ruanyun Edai Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RYET#NASDAQ">RYET</a>) stock rose 25.72% to $11.9. The company's market cap stands at $401.6 million. </li>
<li>Allied Gaming (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGAE#NASDAQ">AGAE</a>) stock increased by 25.22% to $1.74. The market value of their outstanding shares is at $76.7 million. </li>
<li>WeRide (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRD#NASDAQ">WRD</a>) shares rose 24.71% to $9.99. The company's market cap stands at $2.7 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Superior Industries Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUP#NYSE">SUP</a>) shares decreased by 68.4% to $0.91 during Monday's regular session. The company's market cap stands at $26.2 million. The company's, Q1 earnings came out today. </li>
<li>Netclass Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCL#NASDAQ">NTCL</a>) stock fell 27.92% to $20.4. The market value of their outstanding shares is at $363.7 million. </li>
<li>Classover Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KIDZ#NASDAQ">KIDZ</a>) shares fell 18.94% to $3.75. The market value of their outstanding shares is at $83.3 million. </li>
<li>Zapp Electric Vehicles Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZAPP#NASDAQ">ZAPP</a>) stock declined by 17.59% to $0.33. The market value of their outstanding shares is at $2.5 million. </li>
<li>Twin Vee PowerCats (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VEEE#NASDAQ">VEEE</a>) stock decreased by 14.25% to $2.95. The market value of their outstanding shares is at $4.3 million. As per the press release, Q1 earnings came out 2 days ago. </li>
<li>Mullen Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>) shares decreased by 14.13% to $0.17. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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