GWRE reported $372.5 million in revenue and $0.82 EPS, topping estimates, while lifting full-year guidance.
Guidewire Software reported Q3 2026 revenue of $372.5 million, surpassing analyst expectations by 4.64%, and earnings per share of $0.82, above the $0.74 consensus. The company also raised its full-year revenue guidance to a range of $1.46 billion to $1.47 billion, up from prior projections.
The firm’s cash flow from operations guidance increased to $380 million from $369 million. CFO Jeffrey Cooper cited improved visibility into backlog conversion for Q4, expecting stronger annual recurring revenue growth. Despite the positive results, shares continued to decline.
DA Davidson analyst Peter Heckmann lowered the price target on GWRE to $222 from $246, maintaining a Buy rating and projecting 105% upside from current levels.