ExlService (NASDAQ:EXLS) Updates FY 2026 Earnings Guidance

ExlService (NASDAQ:EXLS) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.250-2.290 for the period, compared to the consensus EPS estimate of 2.150. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.3 billion.

Analyst Upgrades and Downgrades

EXLS has been the subject of several recent analyst reports. Weiss Ratings lowered shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 30th. Barrington Research restated an “outperform” rating and set a $40.00 target price on shares of ExlService in a research report on Thursday, June 25th. JPMorgan Chase & Co. increased their price target on ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, TD Cowen reissued a “buy” rating and set a $39.00 price target (down from $45.00) on shares of ExlService in a research note on Thursday, July 9th. Five investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, ExlService presently has an average rating of “Moderate Buy” and an average price target of $40.50.

ExlService Stock Up 6.9%

NASDAQ EXLS traded up $1.97 during midday trading on Tuesday, hitting $30.53. 3,168,347 shares of the company traded hands, compared to its average volume of 2,343,930. ExlService has a 52 week low of $24.85 and a 52 week high of $47.11. The company’s 50-day simple moving average is $27.97 and its 200-day simple moving average is $31.16. The company has a market cap of $4.66 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 1.17 and a beta of 0.84. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66.

ExlService (NASDAQ:EXLS) last issued its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.05. ExlService had a net margin of 11.66% and a return on equity of 28.50%. The firm had revenue of $570.35 million for the quarter, compared to the consensus estimate of $557.67 million. During the same quarter in the previous year, the firm earned $0.48 EPS. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. As a group, equities research analysts forecast that ExlService will post 1.8 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Ajay Ayyappan sold 5,093 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total value of $148,257.23. Following the completion of the sale, the executive vice president directly owned 48,994 shares in the company, valued at $1,426,215.34. The trade was a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $30.22, for a total transaction of $362,640.00. Following the transaction, the insider owned 153,295 shares of the company’s stock, valued at approximately $4,632,574.90. This trade represents a 7.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.66% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On ExlService

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EXLS. Pacer Advisors Inc. boosted its holdings in ExlService by 118.7% during the 4th quarter. Pacer Advisors Inc. now owns 46,844 shares of the business services provider’s stock valued at $1,988,000 after acquiring an additional 25,420 shares during the period. Invesco Ltd. increased its stake in ExlService by 4.2% during the fourth quarter. Invesco Ltd. now owns 1,344,565 shares of the business services provider’s stock worth $57,063,000 after purchasing an additional 53,659 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in ExlService by 5.6% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 380,657 shares of the business services provider’s stock worth $16,155,000 after purchasing an additional 20,268 shares during the period. Vident Advisory LLC lifted its position in shares of ExlService by 5.3% during the fourth quarter. Vident Advisory LLC now owns 64,269 shares of the business services provider’s stock worth $2,728,000 after purchasing an additional 3,256 shares in the last quarter. Finally, Susquehanna Fundamental Investments LLC acquired a new stake in shares of ExlService during the fourth quarter worth about $3,182,000. Hedge funds and other 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.