Guidewire Software, Inc. (GWRE)

NYSE: GWRE · IEX Real-Time Price · USD
113.78
+3.99 (3.63%)
Apr 23, 2024, 4:00 PM EDT - Market closed
3.63%
Market Cap 9.48B
Revenue (ttm) 925.75M
Net Income (ttm) -50.73M
Shares Out 83.32M
EPS (ttm) -0.62
PE Ratio n/a
Forward PE 104.45
Dividend n/a
Ex-Dividend Date n/a
Volume 516,618
Open 110.41
Previous Close 109.79
Day's Range 110.29 - 114.22
52-Week Range 68.45 - 122.35
Beta 1.14
Analysts Buy
Price Target 125.00 (+9.86%)
Earnings Date May 30, 2024

About GWRE

Guidewire Software, Inc. provides a platform for property and casualty (P&C) insurers worldwide. The company offers Guidewire InsuranceSuite Cloud, such as PolicyCenter Cloud, BillingCenter Cloud, and ClaimCenter Cloud applications. It also provides Guidewire InsuranceNow, a cloud-based platform that offers policy, billing, and claims management functionality to insurers; and Guidewire InsuranceSuite for Self-Managed. In addition, the company offers Guidewire Rating Management to manage the pricing of insurance products; and Guidewire Reinsuran... [Read more]

Sector Technology
IPO Date Jan 25, 2012
Employees 3,415
Stock Exchange NYSE
Ticker Symbol GWRE
Full Company Profile

Financial Performance

In 2023, GWRE's revenue was $905.34 million, an increase of 11.41% compared to the previous year's $812.61 million. Losses were -$111.86 million, -38.01% less than in 2022.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for GWRE stock is "Buy." The 12-month stock price forecast is $125.0, which is an increase of 9.86% from the latest price.

Price Target
$125.0
(9.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Automate Claims Processes with Claimatic's New Guidewire Cloud Integration

SAN MATEO, Calif. & SAN ANTONIO--(BUSINESS WIRE)-- #Claimatic--Guidewire & Claimatic announced that Claimatic's new accelerator is now available to ClaimCenter on Guidewire Cloud users in the Guidewir...

7 days ago - Business Wire

PwC Achieves Guidewire Migration Acceleration Specialization to Speed Insurers' Move to Guidewire Cloud

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #MigrationAccelerationSpecialization--Guidewire announced that Guidewire PartnerConnect Consulting and Global Premier partner, PwC, has achieved the Migrat...

13 days ago - Business Wire

Guidewire Wins Seven Awards and ‘Luminary' Distinction in Celent's Regional Reviews of P&C Claims Systems

SAN MATEO, Calif.--(BUSINESS WIRE)-- #claimssystems--Guidewire ClaimCenter wins 7 Celent XCelent Awards & is named a “Luminary” in all 4 regions of Celent's 2024 Property Casualty Claims Systems repor...

14 days ago - Business Wire

EY Achieves Guidewire Migration Acceleration Specialization to Speed Insurers' Move to Guidewire Cloud

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #EY--Guidewire (NYSE: GWRE) announced that Guidewire PartnerConnect Consulting and Global Premier partner, Ernst & Young LLP (EY), has achieved the global ...

25 days ago - Business Wire

Guidewire Jasper Release Boosts Commercial Lines Agility for P&C Insurers and Strengthens Functionality Across Entire Product Portfolio

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #HazardHub--Guidewire announces Jasper, its latest release, to boost commercial lines agility for P&C insurers.

26 days ago - Business Wire

United Automobile Insurance Company Implements Guidewire Cloud to Modernize Claims IT Operations

MIAMI GARDENS, Fla. & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireAnalytics--UAIC migrated Guidewire ClaimCenter from an on-premise environment to Guidewire Cloud to power and simplify its ...

27 days ago - Business Wire

YASSI Named to Guidewire Insurtech Vanguards Program

SANTA ROSA, Calif. , March 25 2024 /PRNewswire/ -- Yotta Automated Software Solutions Inc. (YASSI), the platform of record for real-time vehicle lienholder, registration, and title data, announced tha...

4 weeks ago - PRNewsWire

Trygg-Hansa Selects Guidewire Cloud for Enhanced Customer Satisfaction, Future-Proofing, and Scalability

STOCKHOLM & DUBLIN--(BUSINESS WIRE)--Trygg-Hansa Försäkring, the Swedish branch of Tryg Forsikring A/S, the largest provider of general insurance services in the Nordics, and Guidewire (NYSE: GWRE) an...

5 weeks ago - Business Wire

Ascot U.S. Selects Guidewire to Modernize Claims IT Operations

NEW YORK & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireCanvas--Ascot U.S. selected Guidewire ClaimCenter on Guidewire Cloud to power its claims business and simplify IT operations.

6 weeks ago - Business Wire

Encova Insurance Selects Guidewire Cloud to Modernize Technology and Optimize Resources

COLUMBUS, Ohio & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--Encova Insurance selected Guidewire InsuranceSuite on Guidewire Cloud to power its core business and simplify its...

6 weeks ago - Business Wire

Guidewire Announces Second Quarter Fiscal Year 2024 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) today announced its financial results for the fiscal quarter ended January 31, 2024. “Our strong performance in the second quarter was marked...

6 weeks ago - Business Wire

Guidewire to Announce Second Quarter Fiscal Year 2024 Financial Results on March 7, 2024

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) announced that it will release its financial results for the fiscal quarter ended January 31, 2024 after market close on Thursday, March 7, 2...

2 months ago - Business Wire

Deloitte Achieves Guidewire Migration Acceleration Specialization to Speed Insurers' Move to Guidewire Cloud

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #Deloitte--Guidewire announced that Guidewire PartnerConnect Consulting partner, Deloitte, has achieved the Migration Acceleration Specialization.

2 months ago - Business Wire

West Bend Selects Guidewire Cloud to Modernize Claims IT Operations

WEST BEND, Wis. & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireCanvas--West Bend selected Guidewire ClaimCenter on Guidewire Cloud to power its claims business an simplify IT operations.

2 months ago - Business Wire

New Mexico Mutual Casualty Company Transforms Business on Guidewire Cloud to Better Serve New Mexico Employers

ALBUQUERQUE, N.M. & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--New Mexico Mutual has successfully migrated Guidewire InsuranceSuite to Guidewire Cloud to power its core busi...

2 months ago - Business Wire

Pekin Insurance Implements Guidewire Cloud for Expense Management and Improved Platform Support

PEKIN, Ill. & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--Pekin Insurance has successfully implemented Guidewire InsuranceSuite on Guidewire Cloud.

2 months ago - Business Wire

CopperPoint Insurance Companies Implements Guidewire Cloud for Business Agility and Growth

PHOENIX & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--CopperPoint Insurance implemented Guidewire InsuranceSuite on Guidewire Cloud.

2 months ago - Business Wire

Glancy Prongay & Murray LLP Announces Investigation of Guidewire Software, Inc.

NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Guidewire Software, Inc. (NYSE: GWRE) concerning the Company and its directors' and officers' possible vio...

2 months ago - Business Wire

swifter.io Joins Guidewire Insurtech Vanguards Program

LONDON--(BUSINESS WIRE)--swifter.io, an insurance experience platform, announced that the company has joined Guidewire's Insurtech Vanguards program, an initiative led by property and casualty (P&C) c...

3 months ago - Business Wire

Guidewire Appoints Mohammed Anzy as Vice President and Managing Director of Guidewire India

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireIndia--Guidewire is pleased to announce the appointment of Mohammed Anzy as Vice President (VP) of Engineering and Managing Director of Guidewire...

3 months ago - Business Wire

Guidewire Awards Latest Group of PartnerConnect Consulting Program Specializations

SAN MATEO, Calif.--(BUSINESS WIRE)-- #Guidewire--Guidewire (NYSE: GWRE) announced that 13 specializations have been awarded to 10 Guidewire PartnerConnect Consulting partners.

4 months ago - Business Wire

Citizens Property Insurance Corporation Selects Guidewire Cloud for the Next Phase of Transformation Journey

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--Guidewire announced that Citizens Property Insurance Corporation has selected Guidewire Cloud to power its core businesses and sim...

4 months ago - Business Wire

Guidewire Announces First Quarter Fiscal Year 2024 Financial Results

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) today announced its financial results for the fiscal quarter ended October 31, 2023. “We are thrilled with our first quarter financial result...

4 months ago - Business Wire

Guidewire to Announce First Quarter Fiscal Year 2024 Financial Results on December 7, 2023

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) announced that it will release its financial results for the fiscal quarter ended October 31, 2023 after market close on Thursday, December 7...

5 months ago - Business Wire

If Skadeförsäkring Selects Guidewire Cloud to Streamline Operations, Increase Business Agility, and Drive P&C Industry Change

SOLNA, Sweden & DUBLIN--(BUSINESS WIRE)--If Skadeförsäkring (If), the leading property and casualty insurer in the Nordic region, and Guidewire (NYSE: GWRE) announced that If has selected Guidewire In...

5 months ago - Business Wire