ExlService Holdings Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for ExlService Holdings stock have an average target of 42.25, with a low estimate of 37 and a high estimate of 50. The average target predicts a decrease of -7.33% from the current stock price of 45.59.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$37	$42.25	$42	$50
Change	-18.84%	-7.33%	-7.87%	+9.67%

Analyst Ratings

The average analyst rating for EXLS stock from 8 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	2	2	2	3	4	4
Buy	3	3	3	3	3	3
Hold	1	1	1	0	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Koning Baird	Baird	Hold Maintains $40 → $44	Hold	Maintains	$40 → $44	-3.49%	Oct 31, 2024
Mayank Tandon Needham	Needham	Strong Buy Maintains $40 → $50	Strong Buy	Maintains	$40 → $50	+9.67%	Oct 31, 2024
Ryan Potter Citigroup	Citigroup	Strong Buy Maintains $38 → $46	Strong Buy	Maintains	$38 → $46	+0.90%	Oct 14, 2024
David Koning Baird	Baird	Hold Maintains $35 → $40	Hold	Maintains	$35 → $40	-12.26%	Oct 10, 2024
Surinder Thind Jefferies	Jefferies	Hold → Strong Buy Upgrades $35 → $42	Hold → Strong Buy	Upgrades	$35 → $42	-7.87%	Sep 9, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.87B

from 1.63B

14.68%

from 1.63B

Revenue Next Year

2.10B

from 1.87B

12.46%

from 1.87B

EPS This Year

1.66

from 1.10

51.35%

from 1.10

EPS Next Year

1.93

from 1.66

16.11%

from 1.66

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	991.35M	958.43M	1.12B	1.41B	1.63B	1.87B	2.10B	2.35B
Revenue Growth	12.26%	-3.32%	17.10%	25.82%	15.48%	14.68%	12.46%	11.60%
EPS	0.39	0.52	0.67	0.85	1.10	1.66	1.93	2.20
EPS Growth	20.37%	32.82%	29.34%	26.87%	29.41%	51.35%	16.11%	13.62%
Forward PE	-	-	-	-	-	27.38	23.59	20.76
No. Analysts	-	-	-	-	-	13	13	10

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.9B	2.2B	2.5B
Avg	1.9B	2.1B	2.3B
Low	1.8B	2.0B	2.2B

Revenue Growth

Revenue Growth	2024	2025	2026
High	18.4%	17.6%	18.6%
Avg	14.7%	12.5%	11.6%
Low	10.0%	6.5%	4.2%

EPS Forecast

EPS	2024	2025	2026
High	1.72	2.08	2.35
Avg	1.66	1.93	2.20
Low	1.59	1.80	2.02

EPS Growth

EPS Growth	2024	2025	2026
High	56.7%	24.9%	21.7%
Avg	51.3%	16.1%	13.6%
Low	44.3%	8.3%	4.4%

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.