Guidewire Software (NYSE:GWRE) Price Target Cut to $242.00 by Analysts at Citigroup

Guidewire Software (NYSE:GWRE) had its target price reduced by equities research analysts at Citigroup from $267.00 to $242.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the technology company’s stock. Citigroup’s target price indicates a potential upside of 12.56% from the stock’s previous close.

Several other research firms also recently commented on GWRE. Zacks Research upgraded shares of Guidewire Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 3rd. DA Davidson boosted their target price on Guidewire Software from $246.00 to $250.00 and gave the stock a “neutral” rating in a research note on Monday, September 8th. Royal Bank Of Canada increased their price target on Guidewire Software from $290.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Oppenheimer boosted their price target on shares of Guidewire Software from $275.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Finally, Stifel Nicolaus raised their price objective on shares of Guidewire Software from $270.00 to $300.00 and gave the company a “buy” rating in a report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $272.00.

Guidewire Software Trading Up 0.3%

Shares of NYSE:GWRE traded up $0.65 during midday trading on Wednesday, reaching $215.01. 142,948 shares of the company’s stock were exchanged, compared to its average volume of 892,382. The stock has a market cap of $18.28 billion, a price-to-earnings ratio of 268.74, a P/E/G ratio of 14.73 and a beta of 1.19. Guidewire Software has a fifty-two week low of $165.08 and a fifty-two week high of $272.60. The firm’s 50 day simple moving average is $232.61 and its two-hundred day simple moving average is $229.20. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.77 and a quick ratio of 2.77.

Guidewire Software (NYSE:GWRE) last posted its earnings results on Thursday, September 4th. The technology company reported $0.84 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.22. Guidewire Software had a net margin of 5.81% and a return on equity of 9.00%. The firm had revenue of $356.57 million during the quarter, compared to the consensus estimate of $337.82 million. During the same quarter last year, the firm earned $0.62 EPS. The firm’s revenue for the quarter was up 22.3% on a year-over-year basis. Guidewire Software has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. As a group, sell-side analysts forecast that Guidewire Software will post 0.52 EPS for the current fiscal year.

Insider Buying and Selling at Guidewire Software

In other news, insider James Winston King sold 798 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $222.54, for a total transaction of $177,586.92. Following the transaction, the insider directly owned 37,019 shares in the company, valued at approximately $8,238,208.26. This trade represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Michael George Rosenbaum sold 1,400 shares of Guidewire Software stock in a transaction on Monday, November 17th. The shares were sold at an average price of $222.54, for a total transaction of $311,556.00. Following the completion of the transaction, the chief executive officer directly owned 252,358 shares in the company, valued at $56,159,749.32. The trade was a 0.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 112,342 shares of company stock worth $27,117,744. 0.46% of the stock is owned by insiders.

Institutional Trading of Guidewire Software

Several institutional investors and hedge funds have recently added to or reduced their stakes in GWRE. Linonia Partnership LP increased its holdings in shares of Guidewire Software by 41.8% in the first quarter. Linonia Partnership LP now owns 3,396,310 shares of the technology company’s stock valued at $636,333,000 after purchasing an additional 1,000,709 shares during the period. Qube Research & Technologies Ltd raised its position in Guidewire Software by 3,636.9% during the 2nd quarter. Qube Research & Technologies Ltd now owns 731,467 shares of the technology company’s stock worth $172,224,000 after buying an additional 711,893 shares during the last quarter. Groupama Asset Managment lifted its stake in shares of Guidewire Software by 240.0% in the 2nd quarter. Groupama Asset Managment now owns 850,000 shares of the technology company’s stock worth $200,132,000 after acquiring an additional 600,000 shares during the period. Invesco Ltd. boosted its holdings in shares of Guidewire Software by 70.4% in the first quarter. Invesco Ltd. now owns 1,427,104 shares of the technology company’s stock valued at $267,382,000 after acquiring an additional 589,424 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in shares of Guidewire Software by 405.1% during the second quarter. Alliancebernstein L.P. now owns 538,303 shares of the technology company’s stock worth $126,743,000 after acquiring an additional 431,725 shares during the period.

About Guidewire Software

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.