Guidewire Software, Inc. (GWRE)
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]
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 StatementsAnalyst 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.
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...
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...
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...
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 ...
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.
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 ...
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...
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...
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.
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...
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...
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...
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.
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.
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...
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.
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.
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...
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...
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...
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.
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...
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...
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...
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...