ExlService Holdings Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for ExlService Holdings stock have an average target of 47.5, with a low estimate of 38 and a high estimate of 60. The average target predicts an increase of 7.56% from the current stock price of 44.16.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$38	$47.5	$46	$60
Change	-13.95%	+7.56%	+4.17%	+35.87%

* Price targets were last updated on Feb 27, 2025.

Analyst Ratings

The average analyst rating for ExlService Holdings 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	4	4	4	5	5	5
Buy	3	3	3	3	3	2
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	9	9	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Grossman Stifel	Stifel	Strong Buy Maintains $48 → $54	Strong Buy	Maintains	$48 → $54	+22.28%	Feb 27, 2025
Mayank Tandon Needham	Needham	Strong Buy Maintains $50 → $60	Strong Buy	Maintains	$50 → $60	+35.87%	Feb 27, 2025
Surinder Thind Jefferies	Jefferies	Strong Buy Maintains $47 → $57	Strong Buy	Maintains	$47 → $57	+29.08%	Jan 21, 2025
David Koning Baird	Baird	Hold Maintains $40 → $44	Hold	Maintains	$40 → $44	-0.36%	Oct 31, 2024
Mayank Tandon Needham	Needham	Strong Buy Maintains $40 → $50	Strong Buy	Maintains	$40 → $50	+13.22%	Oct 31, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.10B

from 1.84B

13.96%

from 1.84B

Revenue Next Year

2.34B

from 2.10B

11.46%

from 2.10B

EPS This Year

1.92

from 1.21

58.32%

from 1.21

EPS Next Year

2.19

from 1.92

14.28%

from 1.92

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	958.43M	1.12B	1.41B	1.63B	1.84B	2.10B	2.34B	2.61B
Revenue Growth	-3.32%	17.10%	25.82%	15.48%	12.74%	13.96%	11.46%	11.78%
EPS	0.52	0.67	0.85	1.10	1.21	1.92	2.19	2.47
EPS Growth	32.82%	29.34%	26.87%	29.41%	10.00%	58.32%	14.28%	12.75%
Forward PE	-	-	-	-	-	23.05	20.17	17.89
No. Analysts	-	-	-	-	-	11	10	4

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

Revenue Forecast

Revenue	2025	2026	2027
High	2.2B	2.5B	2.7B
Avg	2.1B	2.3B	2.6B
Low	2.0B	2.2B	2.5B

Revenue Growth

Revenue Growth	2025	2026	2027
High	18.9%	17.6%	15.2%
Avg	14.0%	11.5%	11.8%
Low	8.9%	5.5%	7.2%

EPS Forecast

EPS	2025	2026	2027
High	2.03	2.35	2.60
Avg	1.92	2.19	2.47
Low	1.81	2.06	2.31

EPS Growth

EPS Growth	2025	2026	2027
High	67.5%	22.8%	18.9%
Avg	58.3%	14.3%	12.8%
Low	49.8%	7.4%	5.6%

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.