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Guidewire Software: Operating Results Improve But Stock May Plateau (Downgrade)
GWREGuidewire(GWRE) Seeking Alpha·2024-06-13 03:37

So, the market has re-rated GWRE's EV/Sales multiple as inflation has cooled, insurers have begun making buying decisions and the company's operating losses have been reduced. But does GWRE have a significant price growth runway for upside ahead? I suppose it depends on whether you believe inflation will continue to abate further and the company will make additional progress on earnings per share. I confess to being in a 'wait-and-see' mode, as over the past year, we may have seen previously delayed buying ...