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