On September 4, Guidewire rose 5.05% in regular trading, trading at approximately $202.49 per share, with turnover of $180 million. The rally followed the company's fiscal Q4 earnings report released post-market on September 3, which drew a positive market response.
Heading into the Q4 report, consensus estimates had projected revenue of $402 million, representing a 19.05% year-over-year increase, with adjusted EPS expected at $0.94, up 48.36% year-over-year. The company had built strong momentum entering the quarter, with fiscal Q3 results significantly beating expectations — Q3 revenue of $372.5 million topped estimates by 4.8%, and adjusted EPS of $0.82 exceeded forecasts by 10.8%. Full-year revenue guidance was also raised to $1.46 billion to $1.47 billion, above the Street consensus of $1.45 billion.
On the institutional side, BTIG maintained a Buy rating with a $230 target, Piper Sandler initiated coverage at Overweight with a $210 target, and Oppenheimer raised its target to $200. The company also recently launched its Qusar release featuring AI agent capabilities for insurers, further bolstering its cloud and AI growth narrative.
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