BTIG analyst Allan Verkhovski raised the firm’s price target on Guidewire (GWRE) to $200 from $175 and keeps a Buy rating on the shares. The company delivered a clean beat and raise quarter, also highlighting how it is well positioned with AI, the analyst tells investors in a research note.
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Read More on GWRE:
- Guidewire: Strong Cloud and AI-Driven Momentum but Premium Valuation Justifies Hold Rating
- Guidewire: Robust Demand, AI-Driven Platform Adoption, and Raised Guidance Support Buy Rating and Long-Term Growth Outlook
- Closing Bell Movers: Marvell up 15% after earnings beat
- Guidewire sees Q3 revenue $352M-$358M, consensus $339.9M
- Guidewire raises FY26 revenue view to $1.438B-$1.448B, consensus $1.42B
