Zacks Research Has Bullish Estimate for Amdocs Q1 Earnings

Amdocs Limited (NASDAQ:DOX) – Stock analysts at Zacks Research raised their Q1 2028 earnings per share estimates for shares of Amdocs in a research note issued to investors on Tuesday, February 24th. Zacks Research analyst Team now forecasts that the technology company will post earnings of $1.82 per share for the quarter, up from their prior forecast of $1.78. The consensus estimate for Amdocs’ current full-year earnings is $6.21 per share. Zacks Research also issued estimates for Amdocs’ FY2028 earnings at $7.55 EPS.

Other equities analysts have also recently issued reports about the company. Wolfe Research reissued a “peer perform” rating on shares of Amdocs in a report on Thursday, November 13th. Barclays reduced their price objective on Amdocs from $111.00 to $92.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a research report on Tuesday, January 27th. Stifel Nicolaus reduced their price target on shares of Amdocs from $97.00 to $88.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Finally, Wall Street Zen upgraded shares of Amdocs from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $92.33.

Amdocs Stock Performance

Shares of Amdocs stock opened at $66.41 on Thursday. Amdocs has a 1 year low of $65.74 and a 1 year high of $95.41. The firm’s 50-day moving average is $78.04 and its 200 day moving average is $80.76. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 12.84, a PEG ratio of 1.19 and a beta of 0.40. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.06 and a quick ratio of 1.06.

Amdocs (NASDAQ:DOX) last announced its earnings results on Tuesday, February 3rd. The technology company reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.06. Amdocs had a net margin of 12.47% and a return on equity of 20.19%. The business had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same quarter last year, the firm earned $1.66 earnings per share. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. Amdocs has set its Q2 2026 guidance at 1.730-1.790 EPS and its FY 2026 guidance at 7.270-7.550 EPS.

Amdocs Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Tuesday, March 31st will be paid a $0.569 dividend. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from Amdocs’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend is Tuesday, March 31st. Amdocs’s dividend payout ratio is currently 40.81%.

Hedge Funds Weigh In On Amdocs

A number of hedge funds have recently made changes to their positions in the business. Harbor Capital Advisors Inc. bought a new stake in shares of Amdocs in the 3rd quarter valued at approximately $26,000. Root Financial Partners LLC purchased a new stake in Amdocs during the 3rd quarter valued at $26,000. WealthCollab LLC lifted its position in Amdocs by 94.5% in the third quarter. WealthCollab LLC now owns 356 shares of the technology company’s stock worth $29,000 after buying an additional 173 shares during the last quarter. Atlantic Union Bankshares Corp purchased a new position in Amdocs during the third quarter worth $37,000. Finally, BOK Financial Private Wealth Inc. bought a new position in Amdocs during the fourth quarter valued at $37,000. Institutional investors own 92.02% of the company’s stock.

Amdocs Company Profile

Amdocs (NASDAQ: DOX) is a global software and services provider specializing in solutions for communications, media and entertainment companies. The company designs, develops and integrates revenue management, customer experience and digital services platforms that enable service providers to launch and monetize new offerings, streamline operations and enhance subscriber engagement. Amdocs’ product suite encompasses billing and order management, customer relationship management, digital commerce and network function virtualization, supported by professional services for implementation, integration and managed operations.

Founded in 1982 and structured as a separate public company in 1998, Amdocs has its corporate headquarters in Chesterfield, Missouri, and maintains major development centers in Ra’anana, Israel.