ExlService Holdings Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, ExlService Holdings stock has a consensus rating of "Buy" and an average price target of $41.75. The average 1-year stock price forecast is 42.78% higher than the current stock price, while the lowest is $35 (+19.70%) and the highest is $46 (+57.32%).

Price Target: $41.75 (+42.78%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$35	$41.75	$41.5	$46
Change	+19.70%	+42.78%	+41.93%	+57.32%

Analyst Ratings

The average analyst rating for ExlService Holdings stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	5	3	4	4	4	6
Hold	1	0	1	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	3	5	6	6	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Jefferies No rating	Jefferies	Buy Maintains $39	Buy	Maintains	$39	+33.38%	May 14, 2026
Maggie Nolan William Blair	William Blair	Buy Maintains n/a	Buy	Maintains	n/a	n/a	May 14, 2026
Bryan Bergin TD Cowen	TD Cowen	Buy Maintains $45	Buy	Maintains	$45	+53.90%	May 14, 2026
Puneet Jain J.P. Morgan	J.P. Morgan	Buy Maintains $42 → $43	Buy	Maintains	$42 → $43	+47.06%	Apr 30, 2026
Vincent Colicchio Barrington	Barrington	Buy Upgrades $40	Buy	Upgrades	$40	+36.80%	Apr 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.37B

from 2.09B

13.57%

from 2.09B

Revenue Next Year

2.62B

from 2.37B

10.54%

from 2.37B

EPS This Year

2.28

from 1.54

47.95%

from 1.54

EPS Next Year

2.55

from 2.28

11.87%

from 2.28

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	1.12B	1.41B	1.63B	1.84B	2.09B	2.37B	2.62B
Revenue Growth	17.10%	25.82%	15.48%	12.74%	13.56%	13.57%	10.54%
EPS	0.67	0.85	1.10	1.21	1.54	2.28	2.55
EPS Growth	29.34%	26.87%	29.41%	10.00%	27.27%	47.95%	11.87%
Forward PE	-	-	-	-	-	12.83	11.47
No. Analysts	-	-	-	-	-	12	12

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

Revenue Forecast

Revenue	2026	2027
High	2.5B	2.7B
Avg	2.4B	2.6B
Low	2.3B	2.5B

Revenue Growth

Revenue Growth	2026	2027
High	17.5%	15.2%
Avg	13.6%	10.5%
Low	8.7%	4.6%

EPS Forecast

EPS	2026	2027
High	2.39	2.73
Avg	2.28	2.55
Low	2.17	2.41

EPS Growth

EPS Growth	2026	2027
High	55.5%	19.8%
Avg	47.9%	11.9%
Low	40.6%	5.8%

Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.