Guidewire Software to Face Limited Pushback After 'Exceptional' Fiscal Q4, Oppenheimer Says

MT Newswires Live
Sep 05

Guidewire Software (GWRE) is likely to face limited investor pushback after recording an "exceptional" fiscal Q4, analysts at Oppenheimer wrote in a note Friday.

The company on late Thursday reported fiscal Q4 adjusted earnings of $0.84 per diluted share. Analysts polled by FactSet expected $0.63. Revenue for the quarter was $356.6 million, compared with an analyst estimate of $337.8 million.

The company said it expects fiscal 2026 revenue of $1.39 billion to $1.41 billion. Analysts expect $1.36 billion.

Oppenheimer analysts said the company's "strong" quarter was driven by 19 cloud deals and eight migrations, including a landmark 10-year deal with Liberty Mutual.

Oppenheimer said the stock remains its top pick among small- and mid-cap equities due to "strong cloud execution, AI beneficiary, and best mix of offensive/defensive characteristics."

Oppenheimer analysts raised their price target on the stock to $300 from $275 and retained an outperform rating.

Shares of Guidewire were up past 17% in recent Friday trading.

Price: 254.77, Change: +37.78, Percent Change: +17.41

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10