🔴 Guidewire Software is trading 15.6% down in pre-market as slower ARR growth concerns investors

Guidewire Software is trading 15.6% down at $171.14 after its September 3, 2026, earnings beat expectations but fiscal 2027 guidance signaled slower ARR growth.

• Fourth-quarter revenue reached $411.08 million, versus $402.73 million expected.
• Fiscal 2027 revenue guidance exceeded consensus, while projected ARR growth of 18% versus 19% in fiscal 2026 raised concerns about decelerating momentum and premium valuation.
• The company-specific earnings reaction outweighed positive software-sector sentiment following Snowflake’s results; confidence is medium.