DA Davidson Reiterates Buy Rating on Guidewire (GWRE) on 'Solid' Q4 Results

DA Davidson analyst Peter Heckmann reiterated a Buy rating and $222.00 price target on Guidewire (NYSE: GWRE).

The analyst commented, "Guidewire reported solid fiscal 4Q results, with total revenue and Non-GAAP operating income 3% and 25% above our expectations, respectively. Bookings in the quarter were solid and the company ended the year with fully ramped ARR up 21% year over year. Despite in-line initial guidance ranges for fiscal 2027, the shares tumbled more than 20%. Overall, we continue to believe management is making the right moves to allow Guidewire to remain the long-term leader in the InsureTech space and we are maintaining our BUY rating."

For an analyst ratings summary and ratings history on Guidewire click here. For more ratings news on Guidewire click here.

Shares of Guidewire closed at $149.71 yesterday.

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