Amdocs Limited (NASDAQ:DOX) Receives $92.33 Average Price Target from Brokerages

Amdocs Limited (NASDAQ:DOX) has received an average rating of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $92.3333.

A number of analysts have recently weighed in on the company. Wall Street Zen lowered Amdocs from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Barclays dropped their price target on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating for the company in a research report on Wednesday, February 4th. Finally, Stifel Nicolaus cut their price target on shares of Amdocs from $97.00 to $88.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th.

Institutional Investors Weigh In On Amdocs

Institutional investors and hedge funds have recently bought and sold shares of the business. Harbor Capital Advisors Inc. purchased a new position in shares of Amdocs during the third quarter valued at approximately $26,000. Root Financial Partners LLC purchased a new stake in Amdocs in the third quarter worth $26,000. WealthCollab LLC boosted its holdings in Amdocs by 94.5% in the third quarter. WealthCollab LLC now owns 356 shares of the technology company’s stock valued at $29,000 after acquiring an additional 173 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Amdocs in the third quarter valued at $37,000. Finally, BOK Financial Private Wealth Inc. purchased a new position in Amdocs during the 4th quarter valued at $37,000. Hedge funds and other institutional investors own 92.02% of the company’s stock.

Amdocs Price Performance

Shares of NASDAQ:DOX opened at $64.32 on Friday. The stock has a market capitalization of $6.94 billion, a P/E ratio of 12.44, a price-to-earnings-growth ratio of 1.14 and a beta of 0.42. The stock’s 50-day moving average price is $71.46 and its 200-day moving average price is $77.72. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.23. Amdocs has a 12-month low of $63.33 and a 12-month high of $95.41.

Amdocs (NASDAQ:DOX) last released 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 return on equity of 20.19% and a net margin of 12.47%.The company had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the company posted $1.66 EPS. Amdocs’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. On average, equities analysts anticipate that Amdocs will post 6.21 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 paid a $0.569 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This is a boost from Amdocs’s previous quarterly dividend of $0.53. This represents a $2.28 annualized dividend and a dividend yield of 3.5%. Amdocs’s payout ratio is 40.81%.

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.