On Oct 11, major Wall Street analysts update their ratings for $Guidewire Software (GWRE.US)$, with price targets ranging from $195 to $205.
Wells Fargo analyst Michael Turrin maintains with a buy rating, and adjusts the target price from $200 to $205.
Oppenheimer analyst Kenneth Wong maintains with a buy rating, and maintains the target price at $200.
Needham analyst Mayank Tandon maintains with a hold rating.
BTIG analyst Matthew VanVliet maintains with a buy rating, and maintains the target price at $195.
William Blair analyst Dylan Becker maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Guidewire Software (GWRE.US)$'s main analysts recently are as follows:
Following Guidewire's analyst day, the company set formal fiscal 2028 targets and introduced new long-term margin targets. Although management refrained from setting new long-term annual recurring revenue targets, they did offer potential long-term profitability targets, suggesting an 80% subscription and support gross margin and a 40% non-GAAP EBIT, exceeding expectations. Guidewire is perceived as maintaining a solid position due to its consistent margin expansion and ARR growth narrative.
Guidewire's Analyst Day proved to be a positive event, with the revelation of long-term support and service targets, alongside overall operating margin goals that surpassed market expectations. The company is seen as scaling effectively, with improvements in win rates and the progression of cloud deals positively influencing the financial model.
Here are the latest investment ratings and price targets for $Guidewire Software (GWRE.US)$ from 6 analysts:
Note:
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