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

Amdocs Limited (NASDAQ:DOX) – Equities researchers at Zacks Research dropped their Q2 2026 earnings per share estimates for Amdocs in a report released on Wednesday, December 10th. Zacks Research analyst Team now forecasts 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 analysts have also recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a report on Thursday, October 30th. Stifel Nicolaus cut their price target on Amdocs from $100.00 to $97.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Bank of America lowered their price objective on Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Wolfe Research reiterated a “peer perform” rating on shares of Amdocs in a research note on Thursday, November 13th. Finally, Wall Street Zen lowered Amdocs from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $97.00.

Amdocs Stock Up 0.7%

Amdocs stock opened at $79.35 on Friday. Amdocs has a 1-year low of $74.32 and a 1-year high of $95.41. The stock has a market cap of $8.96 billion, a PE ratio of 15.71, a P/E/G ratio of 1.33 and a beta of 0.43. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.17 and a quick ratio of 1.22. The stock’s fifty day moving average is $80.21 and its two-hundred day moving average is $85.26.

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

Amdocs Announces Dividend

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

Institutional Investors Weigh In On Amdocs

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. bought a new stake in shares of Amdocs during the 3rd quarter valued at $26,000. Root Financial Partners LLC bought a new position in shares of Amdocs in the 3rd quarter valued at $26,000. WealthCollab LLC grew its holdings in shares of Amdocs by 94.5% during the third quarter. WealthCollab LLC now owns 356 shares of the technology company’s stock worth $29,000 after purchasing an additional 173 shares during the last quarter. Quarry LP raised its stake in shares of Amdocs by 42.2% during the first quarter. Quarry LP now owns 391 shares of the technology company’s stock valued at $36,000 after acquiring an additional 116 shares during the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Amdocs in the third quarter worth approximately $37,000. 92.02% of the stock is currently owned by institutional investors and hedge funds.

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.