Guidewire's Cloud Transition Pays Off Early: Analyst Raises Price Target Amid Margin Gains
Guidewire's Cloud Transition Pays Off Early: Analyst Raises Price Target Amid Margin Gains
Stifel analyst J. Parker Lane reiterated a Buy rating on Guidewire Software, Inc. (NYSE:GWRE), raising the price target to $95 from $85.
Stifel 分析师 J. Parker Lane 重申了买入评级 Guidewire 软件公司 纽约证券交易所代码：GWRE），将目标股价从85美元上调至95美元。
GWRE reported better-than-expected fourth-quarter earnings but issued soft revenue guidance.
GWRE公布的第四季度收益好于预期，但发布了疲软的收入指引。
Lane notes that the company beat across the board for 4Q, with margin gains from its cloud transition beginning to materialize earlier than expected, setting the company up to hit the high end of its FY25 margin targets.
莱恩指出，该公司在第四季度表现全面，云端过渡带来的利润增长开始比预期更早实现，这使该公司有望达到其25财年利润率目标的最高水平。
Volatility in the after-markets ensued after missing top-line guidance, the analyst adds. The miss stems from headwinds across its license and services segments.
分析师补充说，在未达到营收指引之后，随之而来的是售后市场的波动。失误源于其许可和服务领域的不利因素。
Lane adds that subscription revenue guidance came in above expectations, which signals that the cloud story remains alive and well moving into FY24.
莱恩补充说，订阅收入指引高于预期，这表明云端故事在进入24财年时仍处于活跃状态。
Also Read: Guidewire Software Analysts Raise Their Forecasts After Upbeat Q4 Earnings
另请阅读： Guidewire软件分析师在第四季度财报乐观后上调了预测
In the new fiscal year, the analyst sees significant momentum in cloud migrations within the customer base, net new cloud deployments and expansions, and margin expansion on the back of past investments.
在新的财年中，分析师认为，在过去的投资基础上，客户群内部的云迁移、新的云部署和扩张以及利润率的增长势头强劲。
The analyst is remarkably upbeat about the P&C Insurance market's embracement of a cloud-based approach to core and operational systems.
这位分析师对财产险市场采用基于云的核心和运营系统方法持非常乐观的态度。
Lane believes Guidewire's existing customer base provides a long runway for cloud migration, which should fuel long-term growth.
莱恩认为，Guidewire现有的客户群为云迁移提供了漫长的路线，这将推动长期增长。
Under the leadership of CEO Mike Rosenbaum, Guidewire has made a stronger push into the cloud and should have ample opportunities for customer migration in the coming years.
在首席执行官迈克·罗森鲍姆（Mike Rosenbaum）的领导下，Guidewire大力推动了云端的发展，未来几年应该会有充足的客户迁移机会。
Following the upbeat Q4 results, the analyst raised FY24 EPS estimates from $0.90 to $0.97.
继第四季度业绩乐观之后，该分析师将24财年的每股收益预期从0.90美元上调至0.97美元。
For FY25, Lane increased EPS estimates from $1.66 to $1.82.
Lane将25财年的每股收益预期从1.66美元上调至1.82美元。
Price Action: GWRE shares are trading higher by 10.66% to $93.88 on the last check Friday.
价格走势： 在周五的最后一张支票中，GWRE股价上涨了10.66％，至93.88美元。