Guidewire Software, Inc. · GWRE · FY2025 Q3 · Calendar Q2 2025

Guidewire: Cloud Momentum Remains Strong, With Execution Risks

The current call supports a constructive growth thesis for Guidewire: cloud migration, international expansion and broader platform capabilities are sustaining demand, while the durability of large deals, margin progress and AI commercialization remain unproven.

Reported After market closeNYSETechnology $13.85B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $0.88 Consensus $0.46
EPS surprise +90.3% Reported versus consensus
Reported revenue $293.5M Consensus $286.3M
Revenue surprise +2.5% Reported versus consensus

Market reaction

event-close to next-session close
Stock move +16.4% Event window
SPY move -0.0% Same window
Abnormal move +16.4% Stock minus SPY
Volume 5.9× Versus trailing sessions
Subsequent drift -9.3% Up to 20 sessions
GWRESPY benchmark

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Transcript intelligence

What changed

Compared with the prior-quarter analysis, the current call adds Quanti integration, a first Industry Intelligence sale, a Japan investment commitment and broader international cloud momentum to the growth narrative. The key watchpoints remain deal variability, margins, AI commercialization and execution.

Guidance delta

Guidance sentiment remained raised versus the prior quarter; the supplied analysis does not provide a precise current-to-prior guidance delta.

Key takeaways

  • Management described record cloud deal activity across major insurer segments and international markets.
  • ARR growth and raised outlook continued to support the cloud-adoption narrative.
  • The Quanti acquisition adds pricing and rating capabilities but increases integration demands.
  • AI, Industry Intelligence and developer tools were presented as future growth drivers.
  • The main counterweights are deal timing, cloud-credit reliance, integration execution and regulatory complexity.

Management priorities

  • Accelerate cloud wins and migrations.
  • Integrate Quanti pricing and rating technology.
  • Expand Industry Intelligence, AI and generative-AI capabilities.
  • Invest in Japan and broaden international partnerships.
  • Develop the partner and developer ecosystem.

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Earnings History

Estimate Beat Miss Match
GWRE EPS earnings history estimate and actual scatter chart 10 reported fiscal quarters and 4 future estimate-only quarters. Q3 '24 estimate $0.13 Q3 '24 actual $0.26, beat Q4 '24 estimate $0.54 Q4 '24 actual $0.62, beat Q3 '25 estimate $0.46 Q3 '25 actual $0.88, beat Q4 '25 estimate $0.64 Q4 '25 actual $0.84, beat Q1 '26 estimate $0.61 Q1 '26 actual $0.66, beat Q2 '26 estimate $0.77 Q2 '26 actual $1.17, beat Q3 '26 estimate $0.74 Q3 '26 actual $0.82, beat Q4 '26 estimate $0.93 Q4 '26 actual $0.99, beat Q1 '27 estimate $0.75 Q2 '27 estimate $1.08 Q3 '27 estimate $1.02 Q4 '27 estimate $1.38
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Analyst Consensus ?

ConsensusBuy25 ratings
Bullish1872.0%
Neutral624.0%
Bearish14.0%

Analyst 52W Price Targets

$168.86Current
$95Low
$191.54Average
$250High

Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 17, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
DA Davidson Buy BuyMaintainOct 2, 2026
Wells Fargo Overweight OverweightMaintainSep 4, 2026
RBC Capital Outperform OutperformMaintainSep 4, 2026
Piper Sandler Overweight OverweightMaintainSep 4, 2026
Oppenheimer Outperform OutperformMaintainSep 4, 2026
Needham Hold HoldMaintainSep 4, 2026
Citizens Market Outperform Market OutperformMaintainSep 4, 2026
Citigroup Neutral NeutralMaintainSep 4, 2026
BTIG Buy BuyMaintainSep 4, 2026
Baird Outperform OutperformMaintainAug 31, 2026
Guggenheim Buy BuyMaintainAug 27, 2026
JP Morgan Overweight OverweightMaintainJul 14, 2026
Stifel Buy BuyMaintainJun 5, 2026
Goldman Sachs Buy BuyMaintainJun 5, 2026
Raymond James Outperform OutperformMaintainSep 5, 2025
JMP Securities Market Outperform Market OutperformMaintainJun 4, 2025
B of A Securities Underperform UnderperformMaintainJun 4, 2025
Citizens Capital Markets Market Outperform Market OutperformMaintainMar 26, 2025
Stifel Nicolaus Hold HoldMaintainSep 27, 2019
PiperJaffray Neutral OverweightDowngradeMar 4, 2019
Deutsche Bank Hold BuyDowngradeOct 9, 2018
Keybanc Overweight OverweightMaintainSep 21, 2018
Bank of America Neutral NeutralMaintainSep 21, 2018
Jefferies Overweight NeutralUpgradeJun 13, 2017
UBS Buy BuyMaintainJun 2, 2016
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Named analyst price targets

Upside is calculated against the persisted current price $168.86. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
OppenheimerAnalyst unavailable$210$202.86 +24.4%Sep 4, 2026
BTIGAnalyst unavailable$220$202.86 +30.3%Sep 4, 2026
Wells FargoMichael Turrin$195$202.86 +15.5%Sep 4, 2026
BTIGAllan Verkhovski$230$201.09 +36.2%Sep 2, 2026
Robert W. BairdJoe Vruwink$235$205.85 +39.2%Aug 31, 2026
GuggenheimAnalyst unavailable$210$191.07 +24.4%Aug 27, 2026
UBSAnalyst unavailable$210$170.53 +24.4%Aug 10, 2026
Piper SandlerBilly Fitzsimmons$210$170.53 +24.4%Aug 10, 2026
GuggenheimTamjid Chowdhury$180$133.97 +6.6%Jul 22, 2026
D.A. DavidsonPeter Heckmann$222$136.06 +31.5%Jun 8, 2026
Goldman SachsAdam Hotchkiss$225$141.84 +33.2%Jun 5, 2026
Raymond JamesAlexander Sklar$180$151.17 +6.6%Jun 5, 2026
Wells FargoMichael Turrin$190$151.17 +12.5%Jun 5, 2026
Stifel NicolausParker Lane$200$151.17 +18.4%Jun 5, 2026
RBC CapitalRishi Jaluria$215$151.17 +27.3%Jun 5, 2026
Stifel NicolausParker Lane$225$142.13 +33.2%May 29, 2026
Stifel NicolausParker Lane$250$162.24 +48.1%Mar 6, 2026
OppenheimerAnalyst unavailable$250$122.22 +48.1%Feb 24, 2026
BTIGAllan Verkhovski$175$122.29 +3.6%Feb 18, 2026
RBC CapitalRishi Jaluria$300$185.06 +77.7%Jan 9, 2026
Wells FargoMichael Turrin$250$187.68 +48.1%Jan 8, 2026
D.A. DavidsonAnalyst unavailable$246$193.59 +45.7%Dec 17, 2025
BTIGAnalyst unavailable$250$193.59 +48.1%Dec 16, 2025
D.A. DavidsonPeter Heckmann$250$252.3 +48.1%Oct 29, 2025
Stifel NicolausParker Lane$300$260.71 +77.7%Sep 5, 2025
D.A. DavidsonPeter Heckmann$226$208 +33.8%May 22, 2025
Robert W. BairdAnalyst unavailable$236$173.24 +39.8%Mar 7, 2025
JMP SecuritiesAnalyst unavailable$250$173.24 +48.1%Mar 7, 2025
Bank of America SecuritiesBrad Sills$135$185.82 -20.1%Oct 11, 2024
Wells FargoMichael Turrin$205$183.37 +21.4%Oct 11, 2024
Robert W. BairdJoe Vruwink$204$182.17 +20.8%Oct 8, 2024
OppenheimerKen Wong$200$184.22 +18.4%Oct 4, 2024
RBC CapitalRishi Jaluria$180$162.96 +6.6%Sep 6, 2024
Stifel NicolausParker Lane$175$143.93 +3.6%Sep 6, 2024
Robert W. BairdJon Vruwink$175$143.93 +3.6%Sep 6, 2024
BTIGMatt VanVliet$165$147.5 -2.3%Aug 30, 2024
Wells FargoMichael Turrin$175$146.92 +3.6%Aug 21, 2024
OppenheimerKen Wong$170$148.4 +0.7%Aug 20, 2024
RBC CapitalRishi Jaluria$170$134.86 +0.7%Jun 27, 2024
Wells FargoMichael Turrin$150$135.61 -11.2%Jun 21, 2024
Robert W. BairdJon Vruwink$152$127.46 -10.0%Jun 6, 2024
D.A. DavidsonPeter Heckmann$142$127.46 -15.9%Jun 5, 2024
Stifel NicolausParker Lane$140$108.05 -17.1%Jun 5, 2024
Wells FargoMichael Turrin$140$108.05 -17.1%Jun 5, 2024
RBC CapitalRishi Jaluria$130$108.05 -23.0%Jun 5, 2024
OppenheimerKen Wong$140$108.05 -17.1%Jun 5, 2024
Goldman SachsKevin Kumar$146$108.05 -13.5%Jun 5, 2024
BTIGMatthew VanVliet$140$108.05 -17.1%Jun 5, 2024
Stifel NicolausParker Lane$95$93.82 -43.7%Sep 8, 2023
Wells FargoMichael Turrin$85$83.8 -49.7%Aug 31, 2023
RBC CapitalRishi Jaluria$90$75.32 -46.7%Mar 7, 2023
JMP SecuritiesJoe Goodwinm$95$75 -43.7%Mar 7, 2023
RBC CapitalRishi Jaluria$100$59.96 -40.8%Dec 7, 2022
RBC CapitalAnalyst unavailable$125$92.8 -26.0%Apr 19, 2022
Bank of America SecuritiesBradley Sills$125$113.12 -26.0%Oct 4, 2021
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Company context

Snapshot as of publication

Guidewire Software, Inc. is a global supplier of software solutions tailored for the property and casualty insurance industry. Its primary offering is Guidewire InsuranceSuite, a comprehensive platform that incorporates core applications like PolicyCenter, BillingCenter, and ClaimCenter. The company also furnishes Guidewire InsuranceNow, a cloud-native platform providing integrated policy, billing, and claims administration for insurers, alongside a self-managed version of the InsuranceSuite. Guidewire's product portfolio extends to specialized management tools, including Rating Management for accurate insurance product pricing, Reinsurance Management for executing rules-based reinsurance strategies throughout underwriting and claims processes, Client Data Management for effective utilization of customer information, and Product Content Management, which provides software tools and standardized templates to streamline the introduction and modification of insurance products.…

Historical context

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:37:55.686058+00:00
  3. Polygon adjusted daily market bars · 2026-10-17T16:40:42.653051+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-17T16:40:42.650362+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-17. For educational purposes only; not investment advice.