Professional
Added to YB: 2024-08-08
Pitch date: 2024-06-30
GWRE [bullish]
Guidewire Software, Inc.
+27.96%
current return
Author Info
No bio for this author
Company Info
Guidewire Software, Inc. provides a platform for property and casualty (P&C) insurers the United States, Canada, other Americas, Europe, the Middle East, Africa, and Asia-Pacific.
Market Cap
$13.5B
Pitch Price
$137.36
Price Target
N/A
Dividend
N/A
EV/EBITDA
74.02
P/E
101.07
EV/Sales
9.11
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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