What is Zacks Research’s Forecast for Amdocs Q2 Earnings?

Amdocs Limited (NASDAQ:DOX) – Zacks Research dropped their Q2 2026 earnings estimates for Amdocs in a report released on Wednesday, December 10th. Zacks Research analyst Team now anticipates that the technology company will post earnings per share of $1.60 for the quarter, down from their prior estimate of $1.64. The consensus estimate for Amdocs’ current full-year earnings is $6.21 per share. Zacks Research also issued estimates for Amdocs’ Q1 2027 earnings at $1.67 EPS and Q4 2027 earnings at $1.79 EPS.

A number of other research firms also recently commented on DOX. Wolfe Research reaffirmed a “peer perform” rating on shares of Amdocs in a report on Thursday, November 13th. Wall Street Zen lowered shares of Amdocs from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amdocs in a report on Thursday, October 30th. Bank of America cut their price objective on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Finally, Stifel Nicolaus decreased their target price on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Amdocs has a consensus rating of “Moderate Buy” and a consensus price target of $97.00.

Amdocs Stock Performance

Shares of DOX opened at $79.35 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.17. The stock has a 50-day moving average of $80.21 and a two-hundred day moving average of $85.31. The stock has a market cap of $8.96 billion, a P/E ratio of 15.71, a P/E/G ratio of 1.32 and a beta of 0.43. Amdocs has a one year low of $74.32 and a one year high of $95.41.

Amdocs (NASDAQ:DOX) last announced its quarterly earnings data on Tuesday, November 11th. The technology company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $0.01. Amdocs had a net margin of 12.46% and a return on equity of 19.78%. The firm had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period in the previous year, the company earned $1.70 earnings per share. The business’s quarterly revenue was down 9.0% compared to the same quarter last year. Amdocs has set its FY 2026 guidance at 7.270-7.550 EPS and its Q1 2026 guidance at 1.730-1.790 EPS.

Institutional Investors Weigh In On Amdocs

A number of institutional investors have recently modified their holdings of DOX. PNC Financial Services Group Inc. raised its holdings in Amdocs by 3.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,247 shares of the technology company’s stock worth $480,000 after purchasing an additional 177 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Amdocs by 5.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 224,076 shares of the technology company’s stock valued at $20,503,000 after buying an additional 10,766 shares in the last quarter. Citigroup Inc. raised its stake in shares of Amdocs by 138.8% during the 1st quarter. Citigroup Inc. now owns 96,437 shares of the technology company’s stock worth $8,824,000 after buying an additional 56,056 shares during the period. Townsquare Capital LLC lifted its position in shares of Amdocs by 25.8% during the 1st quarter. Townsquare Capital LLC now owns 7,617 shares of the technology company’s stock valued at $697,000 after buying an additional 1,561 shares in the last quarter. Finally, Invesco Ltd. grew its stake in Amdocs by 49.3% in the 1st quarter. Invesco Ltd. now owns 595,941 shares of the technology company’s stock valued at $54,529,000 after acquiring an additional 196,676 shares during the period. 92.02% of the stock is currently owned by institutional investors and hedge funds.

Amdocs Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be issued a $0.527 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.11 dividend on an annualized basis and a yield of 2.7%. Amdocs’s payout ratio is presently 41.78%.

About Amdocs

Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers.