Form 8-K Guidewire Software, Inc. For: Jun 04

Go back to Form 8-K Guidewire Software, Inc. For: Jun 04

Guidewire (GWRE) PT Raised to $142 at DA Davidson

June 5, 2024 12:58 PM EDT

DA Davidson analyst Peter Heckmann raised the price target on Guidewire (NYSE: GWRE) to $142.00 (from $136.00) while maintaining a Buy rating.

The analyst comments "Guidewire reported fiscal 3Q results with total revenue 5% above our forecast and Non-GAAP operating income 160% above our forecast. Despite spending... More

RBC Capital Reiterates Outperform Rating on Guidewire (GWRE)

June 5, 2024 6:13 AM EDT

RBC Capital analyst Rishi Jaluria reiterated an Outperform rating and $130.00 price target on Guidewire (NYSE: GWRE)

The analyst comments "Guidewire delivered a strong quarter, leading shares up 8% after-hours. Sustained momentum in cloud, including an acceleration in migration activity, as well as DWP premium... More

Guidewire (GWRE) PT Raised to $95 at BofA Securities

June 5, 2024 5:10 AM EDT

BofA Securities analyst Brad Sills raised the price target on Guidewire (NYSE: GWRE) to $95.00 (from $80.00) while maintaining a Underperform rating.

The analyst comments "P&C insurance software provider Guidewire (GWRE) appears to be on track to finish FY24 strong. In addition to solid results, management... More

Guidewire (GWRE) PT Raised to $145 at JPMorgan

June 5, 2024 5:05 AM EDT

JPMorgan analyst Alexei Gogolev raised the price target on Guidewire (NYSE: GWRE) to $145.00 (from $133.00) while maintaining a Overweight rating.

The analyst comments "Guidewire is the leading provider of critical software systems into the Property and Casualty insurance market. GWREs applications cover policy administration, claims, billing,... More

Guidewire (GWRE) PT Raised to $123 at Citi

June 5, 2024 4:50 AM EDT

Citi analyst Tyler Radke raised the price target on Guidewire (NYSE: GWRE) to $123.00 (from $122.00) while maintaining a Neutral rating.

The analyst comments "GWRE delivered another solid Q beating consensus estimates on ARR by 2 points, seeing robust deal activity in the pipeline with 4 Tier 1... More

Guidewire (GWRE) PT Raised to $146 at Goldman Sachs

June 5, 2024 4:49 AM EDT

Goldman Sachs analyst Kevin Kumar raised the price target on Guidewire (NYSE: GWRE) to $146.00 (from $136.00) while maintaining a Conviction Buy rating.

The analyst comments "GWRE is indicated +8% AH after reporting ARR 1% above, subscription and support revenue 4% above and EBIT margins ~500bps above (FactSet). 2024 revenue guidance was raised by $10mn or 1% driven by strong cloud bookings activity including 8 InsuranceSuite cloud deals, 4 of which were Tier 1 deals.... More

Guidewire (GWRE) PT Raised to $140 at BTIG

June 5, 2024 4:40 AM EDT

BTIG analyst Matthew VanVliet raised the price target on Guidewire (NYSE: GWRE) to $140.00 (from $135.00) while maintaining a Buy rating.

The analyst comments "On Tuesday, June 4th, Guidewire reported F3Q24 results that beat across ARR, revenue, operating income, and FCF, leading management to raise FY24 guidance across the board. The 3Q... More