Professional
Added to YB: 2024-08-08
Pitch date: 2024-06-30
GWRE [bullish]
Guidewire Software, Inc.
+41.41%
current return
Author Info
No bio for this author
Company Info
Guidewire Software, Inc. provides a platform for property and casualty (P&C) insurers worldwide. It offers Guidewire InsuranceSuite, such as PolicyCenter, ClaimCenter, and BillingCenter applications.
Market Cap
$18.2B
Pitch Price
$137.36
Price Target
N/A
Dividend
N/A
EV/EBITDA
259.54
P/E
264.17
EV/Sales
14.75
Sector
Software
Category
growth
Artisan Small Cap Fund Added On Portfolio Holding: Guidewire Software, Inc.
GWRE: P&C insurance software leader transitioning to cloud subscription model. 15% ARR growth, 8 new cloud deals. Near-term profits sacrificed for higher long-term cash flows. At inflection point post-transition, expecting accelerated profit growth. Strong earnings, raised guidance despite challenging software environment.
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