Professional
Added to YB: 2024-08-20
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
Baron FinTech Fund Portfolio Holding: Guidewire Software, Inc.
GWRE: P&C insurance software vendor beat Q3, raised guidance. ARR +15%, subscription rev +35%, margins +10pts. Cloud transition near complete. ARR growth from new customers & migrations. R&D shift to product dev for cross-sales. Potential to capture 30-50% of $15-30B TAM with 40%+ margins. Critical vendor for global P&C industry.
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