Guidewire Software Inc is trading 4.8% down today at $143.95 as investors engage in profit-taking following the company's third-quarter 2026 earnings report and updated guidance.
- The company beat Q3 expectations with revenue of $372.5 million and non-GAAP EPS of $0.82, while also raising its full-year outlook and announcing a $500 million share buyback.
- Despite the positive financial performance, the stock is selling off sharply as investors weigh valuation concerns following a significant prior run-up.
- The downward movement suggests a post-earnings pullback as the market digests the strong results and the company's future growth trajectory.