Wells Fargo analyst Michael Turrin raised the firm’s price target on Guidewire (GWRE) to $275 from $265 and keeps an Overweight rating on the shares. The firm notes Q4 capped off an exceptionally strong FY25 for Guidewire, with ARR +19%/fully-ramped +22% and initial FY26 guide above expects/historical norms at +17%. Next leg is proving out durability and showcasing innovation at Connections next month, Wells adds.
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Read More on GWRE:
- Guidewire’s Strong Performance and Valuation Concerns Lead to Hold Rating
- Guidewire Software Reports Strong Fiscal Year 2025 Results
- Closing Bell Movers: Broadcom up 4%, Lululemon slips 15% after earnings
- Guidewire up 14% at $248.40 after Q4 earnings beat, above consensus guidance
- Guidewire sees Q1 revenue $315M-$321M, consensus $301.4M
