BTIG Cautious on Guidewire Software (GWRE) Amid Software Sector Headwinds

Guidewire Software (NYSE:GWRE) is one of the 12 Best Beaten Down Technology Stocks to Buy According to Wall Street Analysts.

Guidewire Software (NYSE:GWRE) recently faced a cautious near-term outlook from Wall Street despite securing a strategic global expansion.

On February 18, 2026, Allan Verkhovski, a BTIG analyst, maintained a Buy rating on Guidewire Software (NYSE:GWRE) and reduced the price target from $225 to $175 as part of a sector research note that revealed the application software Q4 results. According to the analyst, it is still challenging to predict how the companies that are being covered will be able to shake off the AI disruption overhang.

On the same day, Sompo Group revealed a long-term agreement that will facilitate its worldwide implementation of Guidewire Cloud Platform tools and applications. Through the agreement, Sompo will be able to move its current Guidewire applications, such as PolicyCenter and ClaimCenter, from on-premises settings to the Guidewire Cloud Platform, starting with its global commercial operations.

PolicyCenter, BillingCenter, Jutro Digital Platform, and Data Studio were chosen as new core systems by Sompo Direct Insurance in Japan. In 2024, Sompo Direct deployed ClaimCenter on the Guidewire Cloud Platform.

Guidewire Software (NYSE:GWRE) is a San Mateo, California-based technology platform provider for property and casualty insurers. It combines digital, analytics, and artificial intelligence applications with core systems of record.

While we acknowledge the potential of GWRE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Oversold Value Stocks to Invest in Right Now and Cathie Wood’s 10 Stock Picks with Huge Upside Potential. Disclosure: None.  Follow Insider Monkey on Google News.