Guidewire Software, Inc. (GWRE)

NYSE: GWRE · IEX Real-Time Price · USD
120.92
-0.43 (-0.35%)
May 24, 2024, 4:00 PM EDT - Market closed
-0.35%
Market Cap 10.08B
Revenue (ttm) 925.75M
Net Income (ttm) -50.73M
Shares Out 83.32M
EPS (ttm) -0.62
PE Ratio n/a
Forward PE 111.01
Dividend n/a
Ex-Dividend Date n/a
Volume 391,028
Open 120.77
Previous Close 121.35
Day's Range 120.92 - 120.92
52-Week Range 68.45 - 125.35
Beta 1.14
Analysts Buy
Price Target 125.00 (+3.37%)
Earnings Date Jun 4, 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 3.37% from the latest price.

Price Target
$125.0
(3.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Guidewire to Present at William Blair Growth Stock Conference

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) announced that management is scheduled to present at the 44th Annual William Blair Growth Stock Conference. The Guidewire presentation is sch...

6 days ago - Business Wire

Guidewire to Announce Third Quarter Fiscal Year 2024 Financial Results on June 4, 2024

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) announced that it will release its financial results for the fiscal quarter ended April 30, 2024 after market close on Tuesday, June 4, 2024....

6 days ago - Business Wire

United Heritage Insurance Selects Guidewire InsuranceNow to Modernize Operations for Business Growth

MERIDIAN, Idaho & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireCloud--United Heritage Insurance has selected Guidewire InsuranceNow to modernize its operations, enhance agent and customer se...

7 days ago - Business Wire

Drive Positive Claims Outcomes with the New CLARA Analytics and Guidewire Cloud-Native Integration

SAN MATEO, Calif. & SUNNYVALE, Calif.--(BUSINESS WIRE)-- #artificialintelligence--Guidewire & CLARA Analytics announced that the new Built by Guidewire CLARA integration is now available in the Guidew...

12 days ago - Business Wire

Guidewire Awards Latest Group of PartnerConnect Consulting Program Specializations

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #Guidewire--Guidewire (NYSE: GWRE) announced that 15 specializations have been awarded to six Guidewire PartnerConnect Consulting partners.

13 days ago - Business Wire

Automate Vendor Management Processes with VIP Software's New Guidewire Marketplace Integration

SAN MATEO, Calif. & LAKELAND, Fla.--(BUSINESS WIRE)-- #innovation--Guidewire & VIP Software announced that VIP Software's new accelerator is now available to ClaimCenter users in the Guidewire Marketp...

20 days ago - Business Wire

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

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #Cognizant--Guidewire PartnerConnect Consulting and Global Premier partner, Cognizant, has achieved the Migration Acceleration Specialization.

24 days ago - Business Wire

Guidewire Expands Insurtech Vanguards Pitch Days, Taking Event Global

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #Guidewire--Guidewire announced that it is taking its popular Insurtech Vanguards Pitch Day worldwide with pitch day events planned in Australia and Irelan...

27 days ago - Business Wire

Guidewire Launches DEVSummit

BENGALURU, India--(BUSINESS WIRE)---- $GWRE #GuidewireAPD--Guidewire (NYSE: GWRE) launched DEVSummit, a two-day event designed to unite, educate, and energize the global Guidewire development communit...

4 weeks ago - Business Wire

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...

5 weeks 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...

6 weeks 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...

6 weeks 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 ...

2 months 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.

2 months 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 ...

2 months 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...

2 months 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...

2 months 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.

2 months 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...

2 months 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...

2 months 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...

3 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.

3 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.

3 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...

3 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.

3 months ago - Business Wire