Guidewire's Cloud Transition Pays Off Early: Analyst Raises Price Target Amid Margin Gains
Guidewire's Cloud Transition Pays Off Early: Analyst Raises Price Target Amid Margin Gains
Volatility in the after-markets ensued after missing top-line guidance, the analyst adds. The miss stems from headwinds across its license and services segments. Stifel analyst J. Parker Lane reiterated a Buy rating on Guidewire Software, Inc. (NYSE:GWRE), raising the price target to $95 from $85.
Stifel分析師J.Parker Lane重申買入評級Guidewire Software，Inc.(紐約證券交易所代碼：GWRE)，將目標價從85美元上調至95美元。
GWRE reported better-than-expected fourth-quarter earnings but issued soft revenue guidance.
GWRE公佈的第四季度收益好於預期，但發佈了疲軟的收入指引。
Lane notes that the company beat across the board for 4Q, with margin gains from its cloud transition beginning to materialize earlier than expected, setting the company up to hit the high end of its FY25 margin targets.
萊恩指出，該公司第四季度的利潤率全面攀升，雲計算轉型帶來的利潤率增長開始早於預期，使該公司有望達到25財年利潤率目標的高端。
Volatility in the after-markets ensued after missing top-line guidance, the analyst adds. The miss stems from headwinds across its license and services segments.
這位分析師補充稱，在沒有達到營收指引後，盤後市場出現了波動。未能達到預期源於其許可證和服務部門的逆風。
Lane adds that subscription revenue guidance came in above expectations, which signals that the cloud story remains alive and well moving into FY24.
萊恩補充說，訂閱收入指引高於預期，這表明雲故事在進入2014財年後仍然活躍。
Also Read: Guidewire Software Analysts Raise Their Forecasts After Upbeat Q4 Earnings
另請閱讀：Guidewire Software分析師在第四季度收益樂觀後上調預期
In the new fiscal year, the analyst sees significant momentum in cloud migrations within the customer base, net new cloud deployments and expansions, and margin expansion on the back of past investments.
在新的財年，分析師認為客戶群內的雲遷移、淨新的雲部署和擴展以及在過去投資的支持下的利潤率擴大都有顯著的勢頭。
The analyst is remarkably upbeat about the P&C Insurance market's embracement of a cloud-based approach to core and operational systems.
這位分析師對P&C保險市場對核心和運營系統採用基於雲的方法非常樂觀。
Lane believes Guidewire's existing customer base provides a long runway for cloud migration, which should fuel long-term growth.
萊恩認為，Guidewire現有的客戶群為雲遷移提供了一條漫長的跑道，這應該會推動長期增長。
Under the leadership of CEO Mike Rosenbaum, Guidewire has made a stronger push into the cloud and should have ample opportunities for customer migration in the coming years.
在首席執行官Mike·羅森鮑姆的領導下，Guidewire更加有力地推進了雲計算，未來幾年應該會有充足的客戶遷移機會。
Following the upbeat Q4 results, the analyst raised FY24 EPS estimates from $0.90 to $0.97.
在樂觀的第四季度業績公佈後，該分析師將2014財年每股收益預期從0.90美元上調至0.97美元。
For FY25, Lane increased EPS estimates from $1.66 to $1.82.
對於25財年，萊恩將每股收益預期從1.66美元上調至1.82美元。
Price Action: GWRE shares are trading higher by 10.66% to $93.88 on the last check Friday.
價格行動：在週五的最後一次檢查中，GWRE的股價上漲了10.66%，達到93.88美元。
