Guidewire Software (NYSE:GWRE) reported upbeat results for the fourth quarter on Thursday.

The company posted quarterly earnings of 99 cents per share which beat the analyst consensus estimate of 94 cents per share. The company reported quarterly sales of $411.100 million which beat the analyst consensus estimate of $402.210 million.

Guidewire Software said it sees FY2027 sales of $1.707 billion-$1.727 billion, versus market estimates of $1.701 billion.

Guidewire Software shares fell 17.7% to $167.00 in pre-market trading.

These analysts made changes to their price targets on Guidewire Software following earnings announcement.

• BTIG analyst Allan Verkhovski maintained the stock with a Buy and lowered the price target from $230 to $220.
• Needham analyst Mayank Tandon reiterated the stock with a Hold rating.
• Piper Sandler analyst Billy Fitzsimmons maintained the stock with an Overweight rating and maintained a $210 price target.
• Citizens analyst Aaron Kimson reiterated the stock with a Market Outperform and maintained a $220 price target..

Considering buying GWRE stock? Here’s what analysts think:

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