Guidewire Software program (NYSE:GWRE) is likely one of the finest software program software shares to purchase in response to Hedge Funds.
On January 9, Rishi Jaluria from RBC Capital maintained his Outperform ranking on Guidewire Software program (NYSE:GWRE). He estimated a worth goal of $300, which ends up in nearly 81% upside potential from the present stage.
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Jaluria’s ranking got here behind the corporate’s current announcement of a brand new $500 million share buyback program, which has been licensed with quick impact. This follows the profitable completion of a earlier buyback program. Jaluria considers this transfer to reinforce the corporate’s capital return self-discipline, backed by a formidable steadiness sheet and robust money technology capability.
On January 9, Residents additionally reaffirmed its favorable view of Guidewire Software program (NYSE:GWRE), assigning a Market Outperform ranking to the inventory. The agency additionally estimated an 81% upside based mostly on a $300 worth goal.
The agency mirrored on broader optimism surrounding its newest buyback program. Apart from that, it famous the underperformance of Guidewire Software program (NYSE:GWRE) shares relative to the Russell 3000 index during the last twelve months. This development continued in the course of the begin of 2026, and at present the inventory trades at a 12% low cost to the index.
Guidewire Software program (NYSE:GWRE) presents a cloud-based platform for property and casualty (P&C) insurers across the globe. By the platform, it supplies a number of purposes, resembling PolicyCenter, ClaimCenter, and BillingCenter, that facilitate core operations for P&C insurance coverage firms. Different choices embrace Guidewire Ranking Administration, Guidewire InsuranceNow, Guidewire Reinsurance Administration, Guidewire Consumer Knowledge Administration, and extra.
Whereas we acknowledge the potential of GWRE as an funding, we consider sure AI shares supply larger upside potential and carry much less draw back danger. Should you’re searching for an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
READ NEXT: 15 Most Promising Mid-Cap Healthcare Shares Beneath $50 and 11 Most Promising Small-Cap Industrial Shares Beneath $50.
Disclosure: None. This text is initially printed at Insider Monkey.
Guidewire Software program (NYSE:GWRE) is likely one of the finest software program software shares to purchase in response to Hedge Funds.
On January 9, Rishi Jaluria from RBC Capital maintained his Outperform ranking on Guidewire Software program (NYSE:GWRE). He estimated a worth goal of $300, which ends up in nearly 81% upside potential from the present stage.
docstockmedia/Shutterstock.com
Jaluria’s ranking got here behind the corporate’s current announcement of a brand new $500 million share buyback program, which has been licensed with quick impact. This follows the profitable completion of a earlier buyback program. Jaluria considers this transfer to reinforce the corporate’s capital return self-discipline, backed by a formidable steadiness sheet and robust money technology capability.
On January 9, Residents additionally reaffirmed its favorable view of Guidewire Software program (NYSE:GWRE), assigning a Market Outperform ranking to the inventory. The agency additionally estimated an 81% upside based mostly on a $300 worth goal.
The agency mirrored on broader optimism surrounding its newest buyback program. Apart from that, it famous the underperformance of Guidewire Software program (NYSE:GWRE) shares relative to the Russell 3000 index during the last twelve months. This development continued in the course of the begin of 2026, and at present the inventory trades at a 12% low cost to the index.
Guidewire Software program (NYSE:GWRE) presents a cloud-based platform for property and casualty (P&C) insurers across the globe. By the platform, it supplies a number of purposes, resembling PolicyCenter, ClaimCenter, and BillingCenter, that facilitate core operations for P&C insurance coverage firms. Different choices embrace Guidewire Ranking Administration, Guidewire InsuranceNow, Guidewire Reinsurance Administration, Guidewire Consumer Knowledge Administration, and extra.
Whereas we acknowledge the potential of GWRE as an funding, we consider sure AI shares supply larger upside potential and carry much less draw back danger. Should you’re searching for an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
READ NEXT: 15 Most Promising Mid-Cap Healthcare Shares Beneath $50 and 11 Most Promising Small-Cap Industrial Shares Beneath $50.
Disclosure: None. This text is initially printed at Insider Monkey.
