Guidewire Software (GWRE)

• Market cap: $14.7B
• 1 day: 2.31%
• 5 days: 2.09%
• 1 month: -10.75%
• 3 months: 0.85%
• 6 months: 29.81%
• Year to date: 64.90%
• 1 year: 67.46%
• 5 years: 63.22%
• 10 years: 246.79%
• Sector: Information Technology
• Industry: Prepackaged Software

About: Guidewire Software provides software solutions for property and casualty insurers. Flagship product InsuranceSuite is an on-premises system of record and comprises ClaimCenter, a claims management system; PolicyCenter, a policy management system including policy definitions, quotas, issuance, maintenance, and renewal; and BillingCenter, for billing management, payment plans, and agent commissions. The company also offers InsuranceNow, a cloud-based offering, as well as a variety of other add-on applications.

Employees: 3,469

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

118% more call options, than puts

Call options by funds: $123M | Put options by funds: $56.3M

77% more first-time investments, than exits

New positions opened: 99 | Existing positions closed: 56

31% more capital invested

Capital invested by funds: $11.6B [Q2] → $15.1B (+$3.54B) [Q3]

17% more funds holding in top 10

Funds holding in top 10: 23 [Q2] → 27 (+4) [Q3]

10% more funds holding

Funds holding: 449 [Q2] → 492 (+43) [Q3]

1.71% less ownership

Funds ownership: 101.51% [Q2] → 99.81% (-1.71%) [Q3]

12% less repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 175

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $210 19% upside
• Avg. target: $224 28% upside
• High target: $231 31% upside

9 analyst ratings

• positive: 9 100%
• neutral: 0 0%
• negative: 0 0%

JP Morgan Alexei Gogolev 46% 1-year accuracy 12 / 26 met price target	30% upside $228	Overweight Maintained	6 Dec 2024
RBC Capital Rishi Jaluria 56% 1-year accuracy 43 / 77 met price target	31% upside $230	Outperform Maintained	6 Dec 2024
Wells Fargo Michael Turrin 59% 1-year accuracy 48 / 82 met price target	25% upside $220	Overweight Maintained	6 Dec 2024
JMP Securities Aaron Kimson 80% 1-year accuracy 8 / 10 met price target	31% upside $231	Market Outperform Reiterated	6 Dec 2024
Oppenheimer Ken Wong 79% 1-year accuracy 23 / 29 met price target	31% upside $230	Outperform Maintained	6 Dec 2024