Stock Track | Guidewire Soars 5.39% After-Hours on Strong Q1 Earnings and Upbeat Guidance

Stock Track12-04

Guidewire Software (GWRE) surged 5.39% in after-hours trading following the release of its fiscal Q1 2026 financial results, which exceeded analyst expectations. The company reported robust revenue growth and provided optimistic guidance for the upcoming quarters.

Guidewire's Q1 revenue rose 27% year-over-year to $332.6 million, beating the consensus estimate of $316.6 million. Adjusted EPS of $0.66 also surpassed the $0.61 forecast. The company raised its FY2026 revenue guidance to a range of $1.403 billion to $1.419 billion, above the FactSet estimate of $1.4 billion.

Key drivers of the strong performance included momentum in the company's cloud platform, a 22% increase in annual recurring revenue (ARR), and the launch of new AI-powered products. Analysts remain bullish, with a median 12-month price target of $278, reflecting significant upside potential.

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