ExlService (NASDAQ:EXLS) Issues FY 2026 Earnings Guidance

ExlService (NASDAQ:EXLS) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.140-2.190 for the period, compared to the consensus estimate of 2.030. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion.

ExlService Trading Up 0.8%

Shares of ExlService stock opened at $28.75 on Wednesday. The company has a market capitalization of $4.56 billion, a P/E ratio of 19.56, a price-to-earnings-growth ratio of 1.15 and a beta of 0.88. The stock has a fifty day simple moving average of $38.46 and a 200 day simple moving average of $40.53. ExlService has a 12-month low of $27.88 and a 12-month high of $51.31. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 0.43.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on EXLS shares. TD Cowen dropped their price target on shares of ExlService from $52.00 to $51.00 and set a “buy” rating on the stock in a research report on Friday, January 9th. Wall Street Zen raised ExlService from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of ExlService in a report on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, ExlService has a consensus rating of “Moderate Buy” and a consensus target price of $53.00.

Insider Activity

In related news, EVP Ajay Ayyappan sold 2,275 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $30.32, for a total value of $68,978.00. Following the sale, the executive vice president directly owned 53,768 shares in the company, valued at approximately $1,630,245.76. The trade was a 4.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Vikas Bhalla sold 11,774 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $39.99, for a total transaction of $470,842.26. Following the completion of the sale, the insider directly owned 115,272 shares in the company, valued at approximately $4,609,727.28. This trade represents a 9.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 22,163 shares of company stock valued at $884,909. 4.04% of the stock is currently owned by insiders.

Key Stories Impacting ExlService

Here are the key news stories impacting ExlService this week:

• Positive Sentiment: Q4 results beat consensus — Exl reported adjusted EPS of $0.50 vs. $0.46 expected and revenue of $542.6M (≈+12.8% YoY); margins and ROE remain strong. This confirms near‑term growth and underpins the rally. EXL Reports 2025 Fourth Quarter and Year-End Results; Issues 2026 Guidance
• Positive Sentiment: Raised FY‑2026 EPS outlook — EXL issued FY26 adjusted EPS guidance of $2.14–$2.19, above the street’s ~$2.03 estimate, implying better full‑year profitability expectations. Investors typically reward guidance beats. EXL Reports 2025 Fourth Quarter and Year-End Results; Issues 2026 Guidance
• Positive Sentiment: Commercial win and product validation — EXL announced a collaboration with Sonos and AWS to deploy agentic AI in Sonos’ ITSM workflows; follow‑on deployments (reported as live) can drive revenue expansion and differentiate EXL’s AI capabilities. EXL and AWS collaborate on agentic AI initiative to reshape Sonos IT-service management
• Neutral Sentiment: Revenue guidance roughly in line with expectations — management’s revenue outlook (~$2.3B) is consistent with consensus, so the beat is driven more by EPS leverage than top‑line surprise. Execution on bookings and margins will matter going forward. EXL Reports 2025 Fourth Quarter and Year-End Results; Issues 2026 Guidance
• Neutral Sentiment: Investor debate on AI valuation — a recent piece asks whether EXL’s AI patents and capabilities justify its valuation; this raises a watch item (patent monetization, defensibility) that could influence sentiment if evidence of scalable monetization emerges or fails to appear. ExlService earnings ahead: Can AI patents justify valuation?

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC increased its position in shares of ExlService by 277.7% during the first quarter. Empowered Funds LLC now owns 17,384 shares of the business services provider’s stock valued at $821,000 after buying an additional 12,781 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of ExlService by 4.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 497,474 shares of the business services provider’s stock valued at $23,486,000 after purchasing an additional 19,769 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of ExlService in the first quarter worth $10,084,000. EverSource Wealth Advisors LLC raised its position in shares of ExlService by 575.2% in the second quarter. EverSource Wealth Advisors LLC now owns 2,883 shares of the business services provider’s stock worth $126,000 after buying an additional 2,456 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in ExlService during the second quarter valued at $1,704,000. Institutional investors own 92.92% of the company’s stock.

ExlService Company Profile

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.