GWRE Stock Recent News

SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #Guidewire--Guidewire (NYSE: GWRE) today announced that it appointed Mark Anquillare to its Board of Directors effective September 23, 2024.

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I recommend a buy rating for Guidewire Software due to strong demand momentum for its cloud products and expected mid-teens growth over the next two years. GWRE's 4Q24 performance was solid, with subscription revenue growing by 37% and EPS surpassing estimates, instilling confidence in continued robust growth. The cloud platform's maturity and increasing client adoption suggest accelerating ARR growth in FY25/26, supporting management's revenue guidance of $1.14 billion.

Arch Insurance North America selects GWRE's ClaimCenter software to modernize its claims management system and better serve customers.

GWRE's fiscal fourth-quarter performance benefits from higher subscription and support revenues.

Guidewire Software, Inc. (NYSE:GWRE ) Q4 2024 Earnings Conference Call September 5, 2024 5:00 PM ET Company Participants Alex Hughes - Vice President, Investor Relations Mike Rosenbaum - Chief Executive Officer John Mullen - President & Chief Revenue Officer Jeff Cooper - Chief Financial Officer Conference Call Participants Ken Wong - Oppenheimer Michael Turrin - Wells Fargo Alexei Gogolev - JPMorgan Kevin Kumar - Goldman Sachs Dylan Becker - William Blair Rishi Jaluria - RBC Parker Lane - Stifel Joe Vruwink - Baird Alex Sklar - Raymond James Matt VanVliet - BTIG Aaron Kimson - Citizens JMP Operator Greetings, and welcome to the Guidewire Fourth Quarter and Fiscal -- and Full Year Fiscal 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Guidewire Software (GWRE) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.74 per share a year ago.

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) today announced its financial results for the fiscal quarter and year ended July 31, 2024. “We finished the year with record fourth quarter sales activity and fully ramped ARR growth of 19%,” said Mike Rosenbaum, chief executive officer, Guidewire. “We enter the new fiscal year positioned well to continue accelerating modernization programs in the P&C industry and delivering increasing value to P&C insurers' drive for greater ag.

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) announced that management is scheduled to present at the Goldman Sachs Communacopia + Technology Conference. The Guidewire presentation is scheduled for Monday, September 9, 2024 at 1:45 p.m. ET (10:45 a.m. PT) in New York. A live webcast, as well as a replay, of the presentation will be available under the "Webcasts and Presentations" section on the Company's investor relations website at https://ir.guidewire.com/. About Guidewire Soft.

Guidewire Software's share price has surged 46.44% since December 2023, outperforming the S&P 500's 22.93% increase, driven by strong earnings growth and a robust balance sheet. Employee stock compensation, akin to preferred dividends, significantly impacts earnings attributable to common shareholders, making current valuations appear overstretched. Despite impressive revenue and earnings growth, the high non-GAAP P/E ratio and ongoing stock compensation expenses suggest the stock is overvalued at $148.77.