Citi Trims PT on Guidewire Software (GWRE) to $137 Amid Valuation Concerns in Software Sector

Guidewire Software, Inc. (NYSE:GWRE) secures a spot on our list of the best low-risk high-reward stocks.

As of April 10, 2026, valuation pressure across the software sector continues to weigh on analyst sentiment toward Guidewire Software, Inc. (NYSE:GWRE). Despite the company’s solid operating execution, Citi expressed caution on the company’s near-term outlook. Adopting a more selective approach within the application software group, the firm remains underweight on the group.

As for Guidewire Software, Inc. (NYSE:GWRE), Citi reiterated its “Neutral” rating with a reduced price target of $137 (from $178). The firm cited a lack of catalysts in the group for the next twelve months.

Earlier last month, the investment firm had also trimmed its price target on Guidewire Software, Inc. (NYSE:GWRE) from $245 to $178. This came despite the company’s strong performance in the latest quarter, which showed a modest acceleration in ARR growth. However, the software group’s weakness prompted the firm to reduce its price target. For similar reasons, RBC Capital also trimmed its price target from $300 to $250 following the company’s Q2 results, while it maintained its “Outperform” rating on the stock.

Guidewire Software, Inc. (NYSE:GWRE) offers a cloud-based platform for property and casualty (P&C) insurers worldwide. The platform provides several applications, such as PolicyCenter, ClaimCenter, and BillingCenter, that facilitate core operations for P&C insurance companies. Other offerings include Guidewire Rating Management, Guidewire InsuranceNow, Guidewire Reinsurance Management, Guidewire Client Data Management, and more.

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