Analysts Set Amdocs Limited (NASDAQ:DOX) Price Target at $92.33

Amdocs Limited (NASDAQ:DOX) has received an average recommendation of “Moderate Buy” from the five ratings firms that are covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $92.3333.

Several analysts have recently weighed in on the stock. Barclays lowered their price objective on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating for the company in a research note on Wednesday, February 4th. Stifel Nicolaus decreased their target price on Amdocs from $97.00 to $88.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Wall Street Zen upgraded Amdocs from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a research report on Tuesday, January 27th.

Institutional Investors Weigh In On Amdocs

Several institutional investors have recently bought and sold shares of the stock. Amundi raised its holdings in shares of Amdocs by 73.0% in the first quarter. Amundi now owns 13,778 shares of the technology company’s stock valued at $1,217,000 after purchasing an additional 5,816 shares during the last quarter. Millennium Management LLC lifted its holdings in Amdocs by 458.3% during the first quarter. Millennium Management LLC now owns 67,047 shares of the technology company’s stock worth $6,135,000 after acquiring an additional 55,038 shares during the period. Goldman Sachs Group Inc. boosted its position in Amdocs by 12.6% in the first quarter. Goldman Sachs Group Inc. now owns 331,146 shares of the technology company’s stock worth $30,300,000 after purchasing an additional 37,087 shares during the last quarter. Empowered Funds LLC grew its stake in Amdocs by 12.0% in the 1st quarter. Empowered Funds LLC now owns 15,979 shares of the technology company’s stock valued at $1,462,000 after purchasing an additional 1,709 shares during the period. Finally, Jane Street Group LLC grew its stake in Amdocs by 195.4% in the 1st quarter. Jane Street Group LLC now owns 115,929 shares of the technology company’s stock valued at $10,608,000 after purchasing an additional 76,683 shares during the period. Institutional investors own 92.02% of the company’s stock.

Amdocs Trading Down 1.4%

NASDAQ:DOX opened at $64.78 on Tuesday. Amdocs has a 52 week low of $62.75 and a 52 week high of $95.41. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.06 and a current ratio of 1.06. The firm’s fifty day moving average is $66.75 and its 200-day moving average is $75.48. The firm has a market cap of $6.99 billion, a P/E ratio of 12.53, a P/E/G ratio of 1.16 and a beta of 0.46.

Amdocs (NASDAQ:DOX) last announced its earnings results on Tuesday, February 3rd. The technology company reported $1.81 earnings per share for the quarter, topping 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. Amdocs’s quarterly revenue 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. Equities analysts expect that Amdocs will post 6.64 earnings per share for the current year.

Amdocs Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Tuesday, March 31st will be issued a $0.569 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Amdocs’s previous quarterly dividend of $0.53. Amdocs’s dividend payout ratio (DPR) is currently 44.10%.

About Amdocs

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.