Jabran Kundi
Wed, June 24, 2026 astatine 10:24 AM CDT 2 min read
Photo by Possessed Photography connected Unsplash
Guidewire Software Inc. (NYSE:GWRE) released its quarterly net study connected June 4. The institution reported gross of $372.5 million, which exceeded expert expectations by 4.64%. The net per stock came successful astatine $0.82, which comfortably bushed the Wall Street statement of $0.74.
For the afloat twelvemonth 2026, the institution has raised its gross guidance to betwixt $1.46 cardinal and $1.47 billion. The company's currency travel from operations guidance moved up from $369 cardinal to $380 million. Jeffrey Cooper, CFO of Guidewire, believed the institution had amended visibility into backlog conversion successful Q4, which is expected to enactment stronger ARR growth.
Guidewire Software Inc. (NYSE:GWRE) offers a cloud-based level for spot and casualty (P&C) insurers worldwide. The level provides respective applications, specified arsenic PolicyCenter, ClaimCenter, and BillingCenter, that facilitate halfway operations for P&C security companies. Other offerings see Guidewire Rating Management, Guidewire InsuranceNow, Guidewire Reinsurance Management, Guidewire Client Data Management, and more.
While we admit the imaginable of GWRE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.
READ NEXT: 7 Worst Cloud Stocks To Buy According to Short Sellers and 10 Best High-Bandwidth Memory (HBM4) Value Chain Stocks to Buy According to Hedge Funds.
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