Guidewire Software (GWRE) Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Guidewire Software in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GWRE shares.
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8 brokers have issued 1-year target prices for Guidewire Software's shares. Their GWRE share price forecasts range from $81.00 to $100.00. On average, they anticipate the company's stock price to reach $92.64 in the next year. This suggests a possible upside of 6.0% from the stock's current price.
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Guidewire Software's stock was trading at $62.56 on January 1st, 2023. Since then, GWRE stock has increased by 39.8% and is now trading at $87.43.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 5th 2023.
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Guidewire Software, Inc. (NYSE:GWRE) announced its earnings results on Thursday, September, 7th. The technology company reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.36. The technology company earned $270 million during the quarter, compared to analyst estimates of $261.38 million. Guidewire Software had a negative trailing twelve-month return on equity of 8.40% and a negative net margin of 12.35%. The firm's quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.31) earnings per share.

ETFs with the largest weight of Guidewire Software (NYSE:GWRE) stock in their portfolio include Global X PropTech ETF (PTEC), Global X FinTech Thematic ETF (FINX), VanEck Morningstar ESG Moat ETF (MOTE), VanEck Morningstar Wide Moat ETF (MOAT), Harbor Corporate Culture Leaders ETF (HAPY), ALPS Disruptive Technologies ETF (DTEC), VanEck Vectors Morningstar Global Wide Moat ETF (GOAT) and VanEck Morningstar Global Wide Moat ETF (MOTG).

Guidewire Software updated its first quarter 2024 earnings guidance on Thursday, September, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $197.00 million-$202.00 million, compared to the consensus revenue estimate of $212.51 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 retail and institutional investors. Top institutional shareholders include Brown Capital Management LLC (3.61%), Wasatch Advisors LP (3.60%), Route One Investment Company L.P. (3.52%), William Blair Investment Management LLC (2.99%), RGM Capital LLC (2.39%) and Van ECK Associates Corp (2.24%). 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 and Priscilla Hung.
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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 $87.43.

Guidewire Software (NYSE:GWRE) has a market capitalization of $7.12 billion and generates $905.34 million in revenue each year. The technology company earns $-111,860,000.00 in net income (profit) each year or ($1.35) 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.