Guidewire Software, Inc. (GWRE)
| Market Cap | 8.93B |
| Revenue (ttm) | 917.47M |
| Net Income (ttm) | -69.61M |
| Shares Out | 81.93M |
| EPS (ttm) | -0.85 |
| PE Ratio | n/a |
| Forward PE | 137.95 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 468,210 |
| Open | 110.46 |
| Previous Close | 110.89 |
| Day's Range | 108.60 - 111.21 |
| 52-Week Range | 60.34 - 111.00 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 101.70 (-6.73%) |
| Earnings Date | Dec 7, 2023 |
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 12 analysts, the average rating for GWRE stock is "Buy." The 12-month stock price forecast is $101.7, which is a decrease of -6.73% from the latest price.
News
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...
Guidewire Congratulates 2023 Innovation Award Winners – Definity, Tryg, and Westfield Specialty®
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $GWRE #Guidewire--Guidewire congratulates the winners of its 2023 Innovation Awards: Definity, Tryg, and Westfield Specialty!.
Guidewire Partners With Swiss Re to Reduce Operational Friction Across Insurance Parties
NASHVILLE, Tenn.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) announced its partnership with Swiss Re Reinsurance Solutions to help build a more interconnected insurance industry through the use of techno...
Guidewire Innsbruck Release Empowers Insurers to Transform Customer Experiences with Jutro Digital Platform
NASHVILLE, Tenn.--(BUSINESS WIRE)---- $GWRE #AnalyticsManager--Guidewire announces Innsbruck, its latest cloud release, which includes advancements in digital experiences, risk insights, and claims au...
E.design Selects Guidewire Cloud
TOKYO & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--E.design has selected Guidewire Cloud to power its core business, simplify IT operations, adapt to changing market conditi...
Great American Insurance Group Selects Guidewire Cloud to Enhance Agility, Optimize Resources, and Reduce IT Dependence
CINCINNATI & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--Great American Insurance Company selected Guidewire InsuranceSuite on Guidewire Cloud to power its core business.
Guidewire Software to Webcast Analyst and Investor Meeting Presentations
SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced that it will host a live webcast o...
CNA Selects Guidewire Cloud to Enhance Claims and Underwriting Operations for Commercial and Specialty Lines
CHICAGO & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireClaimCenter--CNA selected ClaimCenter and PolicyCenter on Guidewire Cloud to continue growing its business.
Beneva Implements Guidewire Cloud to Strengthen Claims IT Operations
QUEBEC CITY & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--Beneva successfully deployed ClaimCenter on Guidewire Cloud to power and simplify its claims business and related IT...
Heffernan Implements Guidewire HazardHub for Faster and More Accurate Risk Assessment
WALNUT CREEK, Calif. & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireHazardHub--Heffernan implemented HazardHub to provide comprehensive P&C risk data to better tailor insurance coverages for...
Guidewire Named to 2023 List of the Highest Rated Public Cloud Computing Companies to Work For
SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #SaaS--Guidewire is excited to share that it has been recognized as one of the highest rated cloud computing companies to work for, in the sixth-ever list ...
Promutuel Insurance Deploys Guidewire Cloud to Transform Claims, Underwriting, and Policy Administration Operations
QUÉBEC CITY & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--Promutuel Insurance successfully deployed Guidewire ClaimCenter and Guidewire PolicyCenter on Guidewire Cloud.
The Automobile Club of Southern California Implements Guidewire Cloud for Business Growth
SANTA ANA, Calif. & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireCloud--The Automobile Club of Southern California implemented Guidewire InsuranceSuite on Guidewire Cloud to power its core b...
Co-operators Implements Guidewire Cloud to Transform Underwriting, Policy Administration, and Billing Operations in the Cloud
GUELPH, Ontario & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--Co-operators successfully implemented Guidewire PolicyCenter and Guidewire BillingCenter on Guidewire Cloud.
Guidewire Moves into Top 25 in 2023 IDC FinTech Rankings
SAN MATEO, Calif.--(BUSINESS WIRE)-- #IDCFinTech--Guidewire (NYSE: GWRE) announced it has ranked number 24 out of 150 in the 2023 IDC FinTech Rankings by IDC Financial Insights.
Heritage Insurance Company Deploys Guidewire Cloud to Enhance Claims Operations
TAMPA, Fla. & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--Heritage Insurance Company and Guidewire announced that Heritage successfully deployed ClaimCenter on Guidewire Clou...
Vaudoise Selects Guidewire Cloud for Greater Operational Excellence, Increased Information System Security, and Enhanced Digital Transformation
LAUSANNE, Switzerland & DUBLIN--(BUSINESS WIRE)--The Vaudoise Insurance Group (Vaudoise), one of the leading private Swiss insurers, and Guidewire (NYSE: GWRE) announced that Vaudoise has chosen Guide...
RLI Implements Guidewire ClaimCenter on Guidewire Cloud to Enhance Claim Operations
PEORIA, Ill. & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireClaimCenter--Guidewire announced that RLI implemented Guidewire ClaimCenter on Guidewire Cloud to power its claim operations.
Guidewire Optimistic About New Direction of California Insurance
SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GavinNewsom--Guidewire applauds California Governor Gavin Newsom and Insurance Commissioner Ricardo Lara who are working to create a sustainable insurance...
HEMIC Deploys Guidewire Cloud for Digital Business Growth
HONOLULU & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireBillingCenter--HEMIC successfully migrated Guidewire InsuranceSuite to Guidewire Cloud to power its core business and simplify IT oper...
Wawanesa Deploys Guidewire Cloud to Drive Service, Innovation, and Growth
WINNIPEG, Manitoba & SAN MATEO, Calif.--(BUSINESS WIRE)---- $GWRE #GuidewireCloud--Wawanesa has successfully deployed Guidewire Cloud to drive service, innovation, and growth.