Guidewire Software (GWRE) Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Guidewire Software in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" GWRE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GWRE, but not buy additional shares or sell existing shares.
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9 brokerages have issued 12 month price objectives for Guidewire Software's stock. Their GWRE share price forecasts range from $60.00 to $95.00. On average, they anticipate the company's share price to reach $83.45 in the next year. This suggests a possible upside of 0.5% from the stock's current price.
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Guidewire Software's stock was trading at $62.56 at the beginning of the year. Since then, GWRE shares have increased by 32.7% and is now trading at $83.01.
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Guidewire Software saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,400,000 shares, a drop of 5.1% from the April 30th total of 2,530,000 shares. Based on an average daily volume of 669,600 shares, the short-interest ratio is currently 3.6 days. Approximately 3.0% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, June 1st 2023.
View our GWRE earnings forecast.

Guidewire Software will be holding an earnings conference call on Thursday, June 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13738628".

Guidewire Software, Inc. (NYSE:GWRE) announced its quarterly earnings results on Monday, March, 6th. The technology company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of ($0.39) by $0.17. The technology company had revenue of $232.61 million for the quarter, compared to analyst estimates of $222.13 million. Guidewire Software had a negative net margin of 19.19% and a negative trailing twelve-month return on equity of 12.63%.

ETFs with the largest weight of Guidewire Software (NYSE:GWRE) stock in their portfolio include Global X FinTech Thematic ETF (FINX), Harbor Corporate Culture Leaders ETF (HAPY), VanEck Morningstar ESG Moat ETF (MOTE), ALPS Disruptive Technologies ETF (DTEC), VanEck Morningstar SMID Moat ETF (SMOT), SPDR S&P Software & Services ETF (XSW), iShares Exponential Technologies ETF (XT) and John Hancock Multifactor Small Cap ETF (JHSC).

Guidewire Software issued an update on its earnings guidance on Tuesday, March, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $894.00 million-$904.00 million, compared to the consensus revenue estimate of $890.66 million.

44 employees have rated Guidewire Software Chief Executive Officer Mike Rosenbaum on Glassdoor.com. Mike Rosenbaum has an approval rating of 98% among the company's employees. This puts Mike Rosenbaum in the top 20% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Guidewire Software investors own include NVIDIA (NVDA), Block (SQ), Netflix (NFLX), Micron Technology (MU), Advanced Micro Devices (AMD), Intel (INTC), QUALCOMM (QCOM), Tesla (TSLA), Alibaba Group (BABA) and CVS Health (CVS).

Guidewire Software trades on the New York Stock Exchange (NYSE) under the ticker symbol "GWRE."

Guidewire Software's stock is owned by many different institutional and retail investors. Top institutional investors include William Blair Investment Management LLC (3.86%), Brown Capital Management LLC (3.71%), Wasatch Advisors LP (3.16%), DF Dent & Co. Inc. (2.23%), RGM Capital LLC (2.22%) and Artisan Partners Limited Partnership (1.95%). Insiders that own company stock include Andrew William Fraser Brown, James Winston King, Jeffrey Elliott Cooper, John P Mullen, Marcus Ryu, Michael George Rosenbaum, Michael Polelle, Paul Lavin, Priscilla Hung and Steven P Sherry.
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Shares of GWRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of GWRE stock can currently be purchased for approximately $83.01.

Guidewire Software (NYSE:GWRE) has a market capitalization of $6.77 billion and generates $812.61 million in revenue each year. The technology company earns $-180,430,000.00 in net income (profit) each year or ($2.00) on an earnings per share basis.

The company employs 3,376 workers across the globe.

Guidewire Software's mailing address is 2850 S. Delaware St. Suite 400, San Mateo CA, 94403. The official website for the company is www.guidewire.com. The technology company can be reached via phone at (650) 357-9100, via email at ir@guidewire.com, or via fax at 650-357-9101.