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 分析師 J. Parker Lane 重申了買入評級 Guidewire 軟件公司 紐約證券交易所代碼：GWRE），將目標股價從85美元上調至95美元。
GWRE reported better-than-expected fourth-quarter earnings but issued soft revenue guidance.
GWRE公佈的第四季度收益好於預期，但發佈了疲軟的收入指引。
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.
萊恩指出，該公司在第四季度表現全面，雲端過渡帶來的利潤增長開始比預期更早實現，這使該公司有望達到其25財年利潤率目標的最高水平。
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.
分析師補充說，在未達到營收指引之後，隨之而來的是售後市場的波動。失誤源於其許可和服務領域的不利因素。
Lane adds that subscription revenue guidance came in above expectations, which signals that the cloud story remains alive and well moving into FY24.
萊恩補充說，訂閱收入指引高於預期，這表明雲端故事在進入24財年時仍處於活躍狀態。
Also Read: Guidewire Software Analysts Raise Their Forecasts After Upbeat Q4 Earnings
另請閱讀： Guidewire軟件分析師在第四季度業績樂觀後上調了預測
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.
在新的財年中，分析師認爲，在過去的投資基礎上，客戶羣內部的雲遷移、新的雲部署和擴張以及利潤率的增長勢頭強勁。
The analyst is remarkably upbeat about the P&C Insurance market's embracement of a cloud-based approach to core and operational systems.
這位分析師對財產險市場採用基於雲的核心和運營系統方法持非常樂觀的態度。
Lane believes Guidewire's existing customer base provides a long runway for cloud migration, which should fuel long-term growth.
萊恩認爲，Guidewire現有的客戶羣爲雲遷移提供了漫長的路線，這將推動長期增長。
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.
在首席執行官邁克·羅森鮑姆（Mike Rosenbaum）的領導下，Guidewire大力推動了雲端的發展，未來幾年應該會有充足的客戶遷移機會。
Following the upbeat Q4 results, the analyst raised FY24 EPS estimates from $0.90 to $0.97.
繼第四季度業績樂觀之後，該分析師將24財年的每股收益預期從0.90美元上調至0.97美元。
For FY25, Lane increased EPS estimates from $1.66 to $1.82.
Lane將25財年的每股收益預期從1.66美元上調至1.82美元。
Price Action: GWRE shares are trading higher by 10.66% to $93.88 on the last check Friday.
價格走勢： 在週五的最後一張支票中，GWRE股價上漲了10.66％，至93.88美元。
譯文內容由第三人軟體翻譯。