AudioCodes Ltd. (AUDC)
NASDAQ: AUDC · IEX Real-Time Price · USD
10.38
+0.21 (2.06%)
Jul 2, 2024, 4:30 PM EDT - Market closed
AudioCodes Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for AudioCodes stock have an average target of 12, with a low estimate of 10 and a high estimate of 14. The average target predicts an increase of 15.61% from the current stock price of 10.38.
Analyst Consensus: Buy
* Price targets were last updated on May 9, 2024.
Analyst Ratings
The average analyst rating for AudioCodes stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 2 | 2 | 2 | 2 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $18 → $14 | Strong Buy | Maintains | $18 → $14 | +34.87% | May 9, 2024 |
| Barclays | Barclays | Sell Maintains $12 → $10 | Sell | Maintains | $12 → $10 | -3.66% | May 8, 2024 |
| Barclays | Barclays | Sell Maintains $10 → $12 | Sell | Maintains | $10 → $12 | +15.61% | Feb 7, 2024 |
| Needham | Needham | Strong Buy Maintains $16 → $18 | Strong Buy | Maintains | $16 → $18 | +73.41% | Feb 6, 2024 |
| Needham | Needham | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | +54.14% | Aug 2, 2023 |
Financial Forecast
Revenue This Year
249.62M
from 244.38M
Increased by 2.14%
Revenue Next Year
258.96M
from 249.62M
Increased by 3.74%
EPS This Year
0.93
from 0.28
Increased by 230.53%
EPS Next Year
1.13
from 0.93
Increased by 21.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 257.3M | 267.7M | 280.7M |
| Avg | 249.6M | 259.0M | 272.7M |
| Low | 239.2M | 247.8M | 262.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.3% | 7.2% | 8.4% |
| Avg | 2.1% | 3.7% | 5.3% |
| Low | -2.1% | -0.7% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.98 | 1.19 | 1.42 |
| Avg | 0.93 | 1.13 | 1.38 |
| Low | 0.84 | 1.07 | 1.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 249.9% | 28.1% | 26.5% |
| Avg | 230.5% | 21.6% | 22.9% |
| Low | 200.7% | 15.4% | 18.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.