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 twelve months. 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 equities research analysts have issued 12-month price objectives for Guidewire Software's stock. Their GWRE share price forecasts range from $65.00 to $95.00. On average, they expect the company's stock price to reach $85.09 in the next year. This suggests a possible upside of 17.5% from the stock's current price.
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Guidewire Software's stock was trading at $62.56 at the beginning of 2023. Since then, GWRE stock has increased by 15.8% and is now trading at $72.42.
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Guidewire Software saw a drop in short interest during the month of 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 trading volume of 669,600 shares, the short-interest ratio is presently 3.6 days. Approximately 3.0% of the company's shares are short sold.
View Guidewire Software's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 5th 2023.
View our GWRE earnings forecast.

Guidewire Software, Inc. (NYSE:GWRE) issued its quarterly earnings data on Thursday, December, 2nd. The technology company reported ($0.21) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.25) by $0.04. The technology company earned $165.93 million during the quarter, compared to analysts' expectations of $164.73 million. Guidewire Software had a negative net margin of 17.63% and a negative trailing twelve-month return on equity of 12.14%. The business's quarterly revenue was down 2.3% on a year-over-year basis. During the same period last year, the company posted ($0.13) EPS.

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 fourth quarter 2023 earnings guidance on Wednesday, June, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $255.00 million-$265.00 million, compared to the consensus revenue estimate of $258.63 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 a number of 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 $72.42.

Guidewire Software (NYSE:GWRE) has a market capitalization of $5.91 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 ($1.87) 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.