Guidewire Software rises on upbeat FY26 revenue forecast

Guidewire Software

06/03/2026 12:07

** Insurance software firm Guidewire Software's GWRE.N shares rise 4.3% to 167.80 premarket

** GWRE forecasts FY26 revenue of $1.44 bln vs analysts' average estimate of $1.41 bln - LSEG data

** GWRE's Q2 results beat estimates on increased subscription and services revenue

** Subscription and support revenue for Q2 grows 33%

** Co posts Q2 adj. EPS of $1.17 vs estimates of 77 cents

** GWRE beats adj. EPS estimates for fourth straight quarter

** 13 of 16 brokerages rate stock "buy" or higher, two "hold" and one "sell"; their median PT is $246 - LSEG data

** As of last close, GWRE shares down 20% YTD, having risen 19.2% in 2025

 (Reporting by Utkarsh Tushar Hathi)

 ((utkarshtushar.hathi@thomsonreuters.com))