DA Davidson Reiterates Neutral Rating on Guidewire (GWRE)

DA Davidson analyst Peter Heckmann reiterated a Neutral rating and $250.00 price target on Guidewire (NYSE: GWRE).

The analyst commented, "Guidewire announced a definitive agreement to acquire ProNav Technologies Ltd. (dba ProNavigator), a knowledge management platform purpose-built for the P&C insurance industry. Based in Kitchener, Ontario, ProNavigator helps increase productivity, reduce claim cycle times, personalize customer service, and accelerate employee onboarding. The ProNavigator solution is currently deployed by 34 insurance organizations, including 12 shared customers with Guidewire. Terms were not disclosed, but we suspect this will be a relatively small deal (less than $10M in annual revenue). The acquisition is expected to close in the second quarter of Guidewire’s fiscal 2026."

For an analyst ratings summary and ratings history on Guidewire click here. For more ratings news on Guidewire click here.

Shares of Guidewire closed at $253.03 yesterday.

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