Guidewire jumps after Q1 profit beat, FY revenue forecast raise

Guidewire Software

04/12/2025 13:51

** Shares of insurance software provider Guidewire GWRE.N jump 11.3% to $240.11 premarket

** GWRE Q1 profit beats estimates on stronger demand for its cloud platform

** Co also raises full year revenue forecast

** Q1 adj. EPS of 66 cents, beats analysts' average estimate of 61 cents, according to LSEG data

** Co beats profit estimates for fourth straight quarter

** Expects FY 26 revenue between $1.403 and $1.419 bln, mid-point higher than analysts' estimate of $1.405 bln

** 11 of 15 brokerages rate the stock "buy" or higher, 3 "hold" and 1 "sell"; their median PT is $278- LSEG data

** GWRE up nearly 28% YTD, up to last close

 (Reporting by Utkarsh Tushar Hathi in Bengaluru)

 ((utkarshtushar.hathi@thomsonreuters.com))