FY2028 EPS Forecast for Guidewire Software Cut by Analyst

Zacks Research has lowered its FY2028 EPS forecast for Guidewire Software from $3.66 to $3.65, maintaining a "Hold" rating. Despite the adjustment, Guidewire's growth remains strong, with recent earnings meeting expectations and revenue increasing by 26.5% year-over-year. Analysts have varied ratings, with a consensus of "Moderate Buy" and an average target price of $272.00. Institutional investors have significantly increased their positions in Guidewire Software.

Guidewire Rockets Higher: A Move Above $300 Is Probable

Guidewire Software, Inc. (NYSE:GWRE - Free Report) - Equities research analysts at Zacks Research dropped their FY2028 earnings per share (EPS) estimates for Guidewire Software in a research note issued on Wednesday, December 3rd. Zacks Research analyst Team now anticipates that the technology company will post earnings of $3.65 per share for the year, down from their prior estimate of $3.66. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Guidewire Software's current full-year earnings is $0.52 per share.

Get Guidewire Software alerts:

Guidewire Software (NYSE:GWRE - Get Free Report) last announced its earnings results on Wednesday, December 3rd. The technology company reported $0.66 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.66. The firm had revenue of $332.64 million during the quarter, compared to analysts' expectations of $316.62 million. Guidewire Software had a return on equity of 10.46% and a net margin of 7.23%.The business's revenue was up 26.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 EPS.

Market Overreacts, But Guidewire’s Growth Story Remains Strong

GWRE has been the subject of a number of other research reports. Robert W. Baird increased their price target on shares of Guidewire Software from $270.00 to $288.00 and gave the stock an "outperform" rating in a research note on Friday, September 5th. The Goldman Sachs Group increased their target price on shares of Guidewire Software from $270.00 to $305.00 and gave the stock a "buy" rating in a research note on Friday, September 5th. DA Davidson reissued a "neutral" rating and set a $250.00 price target on shares of Guidewire Software in a report on Monday. Royal Bank Of Canada boosted their price target on Guidewire Software from $290.00 to $300.00 and gave the company an "outperform" rating in a research report on Friday, September 5th. Finally, Stifel Nicolaus increased their price objective on Guidewire Software from $270.00 to $300.00 and gave the stock a "buy" rating in a research report on Friday, September 5th. Nine equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Guidewire Software presently has an average rating of "Moderate Buy" and an average target price of $272.00.

Get Our Latest Analysis on Guidewire Software

Guidewire Software Price Performance

Guidewire Software Provides Long-Awaited Buying Opportunity

GWRE stock opened at $211.18 on Friday. The company has a current ratio of 2.77, a quick ratio of 2.77 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $17.95 billion, a P/E ratio of 201.13, a PEG ratio of 13.27 and a beta of 1.08. The business has a 50 day simple moving average of $228.63 and a 200-day simple moving average of $228.96. Guidewire Software has a twelve month low of $165.08 and a twelve month high of $272.60.

Institutional Investors Weigh In On Guidewire Software

Several institutional investors have recently made changes to their positions in GWRE. Linonia Partnership LP lifted its stake in shares of Guidewire Software by 41.8% in the first quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company's stock valued at $636,333,000 after purchasing an additional 1,000,709 shares during the period. Qube Research & Technologies Ltd grew its position in Guidewire Software by 3,636.9% during the second quarter. Qube Research & Technologies Ltd now owns 731,467 shares of the technology company's stock worth $172,224,000 after buying an additional 711,893 shares during the period. Groupama Asset Managment increased its holdings in Guidewire Software by 240.0% in the second quarter. Groupama Asset Managment now owns 850,000 shares of the technology company's stock valued at $200,132,000 after buying an additional 600,000 shares in the last quarter. Invesco Ltd. increased its holdings in Guidewire Software by 70.4% in the first quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company's stock valued at $267,382,000 after buying an additional 589,424 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of Guidewire Software by 405.1% during the 2nd quarter. Alliancebernstein L.P. now owns 538,303 shares of the technology company's stock valued at $126,743,000 after acquiring an additional 431,725 shares during the period.

Insider Buying and Selling at Guidewire Software

In related news, insider James Winston King sold 798 shares of Guidewire Software stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $222.54, for a total value of $177,586.92. Following the sale, the insider directly owned 37,019 shares in the company, valued at $8,238,208.26. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, President John P. Mullen sold 3,000 shares of the company's stock in a transaction on Monday, December 1st. The stock was sold at an average price of $213.44, for a total value of $640,320.00. Following the transaction, the president directly owned 149,958 shares in the company, valued at $32,007,035.52. This represents a 1.96% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 112,342 shares of company stock valued at $27,113,960. 0.46% of the stock is owned by corporate insiders.

Guidewire Software Company Profile

(Get Free Report)

Guidewire Software, Inc provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed.

Should You Invest $1,000 in Guidewire Software Right Now?

Before you consider Guidewire Software, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Guidewire Software wasn't on the list.

While Guidewire Software currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here