These analysts increase their predictions about guidewire software after strong Q4 results -guidewire software (NYSE: GWRE)

Guidewire software, inc. Greyhound Reported results on the fourth quarter above the estimates of the analysts on Thursday.

Guidewire Software reported a quarterly profit of $ 84 cents per share that defeated the estimate of the analyst consensus of 64 cents per share. The company reported every three -month turnover of $ 356.570 million, which defeated the estimate of the analyst consensus of $ 337,858 million.

Guidewire Software said the FY2026 turnover of $ 1,385b- $ 1,405b, versus estimates of $ 1,184 billion.

“We were very happy to close the year with an excellent fourth quarter that performed 19 cloud deals and $ 1 billion in arrpast,” said Mike Rosenbaum, Chief Executive Officer, Guidewire. “The fourth quarter was emphasized by a significant 10-year agreement with a large Tier-1 insurer who is an example of the liquid of the platform and the reference of the increased deal size and deeper customer obligations.”

Guidewire Software shares rose by 18.5% to act at $ 257.52 on Friday.

These analysts applied their price objectives in Guidewire software after the announcement of the profit.

• RBC Capital Analyst Rishi Jaluria maintained guidewire software with an outperform rating and increased the price target from $ 290 to $ 300.
• Oppenheimer analyst Ken Wong has maintained Guidewire software with an outperform rating and the target price increased from $ 275 to $ 300.
• Stifel Analyst Parker Lane maintained guidewire software with a purchase and increased the price target from $ 270 to $ 300.
• Wells Fargo analyst Michael Turrin retained the share with an overweight rating and increased the target price from $ 265 to $ 275.
• Goldman Sachs analyst Adam Hotchkiss has maintained Guidewire Software with a purchase and increased the price target from $ 270 to $ 305.
• Raymond James analyst Alexander Sklar repeated the share with an outperform rating and increased the target price from $ 255 to $ 275.

Consider buying GWRE shares? This is what analysts think:

Read this following:

Photo via Shutterstock