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Exponent, Inc.NasdaqGS:EXPO Stock Report

Market Cap US$3.0b
Share Price
US$61.42
US$95
35.3% undervalued intrinsic discount
1Y-22.8%
7D-5.4%
Portfolio Value
View

Exponent, Inc.

NasdaqGS:EXPO Stock Report

Market Cap: US$3.0b

Exponent (EXPO) Stock Overview

Operates as a science and engineering consulting company in the United States and internationally. More details

EXPO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends5/6

EXPO Community Fair Values

Create Narrative

See what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.

Exponent, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Exponent
Historical stock prices
Current Share PriceUS$61.42
52 Week HighUS$81.95
52 Week LowUS$60.73
Beta0.78
1 Month Change-6.04%
3 Month Change-19.34%
1 Year Change-22.82%
3 Year Change-29.14%
5 Year Change-34.33%
Change since IPO3,288.69%

Recent News & Updates

Seeking Alpha May 04

Exponent: Rising Demand And A Reasonable Valuation Make It A Buy

Summary Exponent is a market leader in scientific and engineering consulting, boasting a 13-year dividend growth streak and a fortress balance sheet. EXPO’s fiscal 2026 outlook signals rising top and bottom lines, with AI-related demand driving proactive and reactive service growth. The stock trades at ~26.5x FY26E EPS, well below its 5-year average, suggesting undervaluation with a fair value estimate of $73.80 versus a ~$65 share price. Dividend safety is outstanding, supported by a conservative ~50% payout ratio, robust free cash flow, and no debt. Read the full article on Seeking Alpha
Narrative Update May 03

EXPO: AI Failure Analysis And Buybacks Will Support Higher Earnings Quality

Analysts have adjusted their view on Exponent with a modest change to the price target in the $5 range, reflecting updated assumptions on growth, profitability and a slightly higher future P/E multiple informed by recent mixed revisions from JPMorgan and UBS. Analyst Commentary Recent commentary around Exponent highlights a mix of caution and optimism, with price targets adjusted within a narrow range and opinions split on the risk and reward at current levels.

Recent updates

Seeking Alpha May 04

Exponent: Rising Demand And A Reasonable Valuation Make It A Buy

Summary Exponent is a market leader in scientific and engineering consulting, boasting a 13-year dividend growth streak and a fortress balance sheet. EXPO’s fiscal 2026 outlook signals rising top and bottom lines, with AI-related demand driving proactive and reactive service growth. The stock trades at ~26.5x FY26E EPS, well below its 5-year average, suggesting undervaluation with a fair value estimate of $73.80 versus a ~$65 share price. Dividend safety is outstanding, supported by a conservative ~50% payout ratio, robust free cash flow, and no debt. Read the full article on Seeking Alpha
Narrative Update May 03

EXPO: AI Failure Analysis And Buybacks Will Support Higher Earnings Quality

Analysts have adjusted their view on Exponent with a modest change to the price target in the $5 range, reflecting updated assumptions on growth, profitability and a slightly higher future P/E multiple informed by recent mixed revisions from JPMorgan and UBS. Analyst Commentary Recent commentary around Exponent highlights a mix of caution and optimism, with price targets adjusted within a narrow range and opinions split on the risk and reward at current levels.
Narrative Update Apr 18

EXPO: AI Failure Analysis Demand Will Support Higher Earnings Quality

Analysts have adjusted the 12 month price target on Exponent to $95 from $90, reflecting updated assumptions around revenue growth, profit margins, and the P/E multiple they are willing to apply to future earnings. Analyst Commentary Recent Street research on Exponent has centered on how much investors are willing to pay for the company’s future earnings, with price targets adjusted as analysts revisit revenue assumptions, profit margins, and the P/E multiple.
Narrative Update Apr 04

EXPO: AI Failure Analysis Work Will Sustain Premium P/E And Shareholder Returns

Analysts have trimmed their average price target for Exponent by $1.67 to reflect slightly lower fair value and profit margin assumptions, while still applying a relatively high future P/E multiple informed by recent mixed price target moves from JPMorgan and UBS. Analyst Commentary Recent Street research on Exponent reflects a mix of optimism about the business model and caution around valuation and near term execution, which is why price targets have moved in both directions.
Narrative Update Mar 21

EXPO: AI Failure Analysis Work Will Support Margins And Shareholder Returns

Analysts have lifted their 12 month price target on Exponent by about $6 to around $92. This reflects updated expectations around revenue, margins and a slightly lower future P/E multiple following recent research updates from major firms.
Narrative Update Mar 07

EXPO: Buybacks And Dividend Increases Will Support Future Shareholder Returns

Analysts nudged their price target on Exponent higher by $4, citing slightly firmer growth and margin assumptions, along with a modestly lower future P/E outlook as key supports for the revised view. Analyst Commentary Recent research coverage around Exponent has centered on how much investors should be willing to pay for the company relative to its growth and margin profile.
Narrative Update Feb 20

EXPO: Raised UBS Target And Buybacks Will Support Higher Future P/E

Analysts have raised their price target on Exponent by $4 to $85, citing updated assumptions that include slightly lower revenue growth, a modestly higher discount rate, improved profit margin expectations, and a higher future P/E multiple. Analyst Commentary Recent Street research around Exponent highlights a mix of optimism and restraint, with the latest published work focusing on valuation inputs, growth expectations, and how much investors are willing to pay for the stock through the P/E multiple.
Analysis Article Feb 09

Exponent (NASDAQ:EXPO) Is Increasing Its Dividend To $0.31

The board of Exponent, Inc. ( NASDAQ:EXPO ) has announced that the dividend on 20th of March will be increased to...
Narrative Update Feb 06

EXPO: Bullish JPMorgan Initiation Will Support Confidence In Updated Fair Value Estimate

Analysts have raised their fair value estimate for Exponent from US$76.00 to US$81.00, citing updated assumptions for revenue growth, profit margins, and a slightly lower future P/E multiple in light of recent bullish Street research. Analyst Commentary Recent Street research, including a new bullish view from JPMorgan, has put more attention on how Exponent is priced and what could get in the way of the updated fair value estimate of US$81.00.
Narrative Update Jan 23

EXPO: AI Failure Analysis Work Will Offset Automation Headwind Risks

Analysts have trimmed their price target on Exponent to US$90 from US$100, citing both the potential for increased AI driven failure analysis work and the offsetting risk that greater automation could reduce billable hours in consulting. Analyst Commentary Recent research points to a more balanced view on Exponent, with the reduced US$90 price target reflecting both potential upside from AI driven work and execution risks around automation in core consulting practices.
Narrative Update Jan 09

EXPO: AI Failure Analysis Demand Will Support Future Consulting Engagements

Analysts have reduced their fair value estimate for Exponent to $90 from $100, citing a lower assumed future P/E multiple as they weigh the potential for AI-driven demand for failure analysis work against the risk that automation could reduce billable hours across the consulting sector. Analyst Commentary Recent commentary from bullish analysts centers on how AI adoption could shape Exponent's long term opportunity set, even as they factor in the risk that automation may cap billable hours across the consulting sector.
Analysis Article Jan 08

What Exponent, Inc.'s (NASDAQ:EXPO) P/E Is Not Telling You

Exponent, Inc.'s ( NASDAQ:EXPO ) price-to-earnings (or "P/E") ratio of 34.9x might make it look like a strong sell...
Narrative Update Dec 16

EXPO: AI Failure Analysis Demand Will Outweigh Automation Efficiency Headwinds

Analysts have nudged their fair value estimate for Exponent higher to approximately $85.50 from $83.00 per share, citing the potential for AI driven demand in complex failure analysis work, while acknowledging that automation related efficiency gains could temper billable hours across the consulting industry. Analyst Commentary Bullish analysts highlight that the revised target still implies meaningful upside from current levels, even after a modest trim.
Narrative Update Dec 01

EXPO: AI-Driven Demand Will Drive Future Engagements Despite Automation Headwinds

Analysts have revised Exponent's price target downward by $10 to $90 per share, citing potential opportunities from AI-driven engagements as well as industry headwinds related to automation efficiencies. Analyst Commentary Following the recent revision to Exponent's price target, analysts have highlighted both opportunities and risks facing the company in today's evolving market landscape.
Narrative Update Nov 17

EXPO: AI-Driven Client Demand Will Offset Automation Concerns In Consulting

Exponent’s analyst price target has been reduced by $10 to $90, as analysts cite ongoing automation concerns that could impact the consulting sector. They also note potential opportunities from increased AI-driven client demand.
Analysis Article Nov 02

Exponent, Inc. Just Beat EPS By 8.5%: Here's What Analysts Think Will Happen Next

A week ago, Exponent, Inc. ( NASDAQ:EXPO ) came out with a strong set of third-quarter numbers that could potentially...
Narrative Update Nov 02

EXPO: Increased Buyback Will Drive Shareholder Returns In Coming Quarters

Narrative Update: Exponent Analyst Price Target Adjustment Analysts have lowered their price target for Exponent from $88 to $83. This change reflects updated expectations for revenue growth and profitability margins moving forward.
Analysis Article Oct 06

Returns On Capital At Exponent (NASDAQ:EXPO) Have Stalled

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...
Analysis Article Jul 30

A Look At The Fair Value Of Exponent, Inc. (NASDAQ:EXPO)

Key Insights Exponent's estimated fair value is US$63.97 based on 2 Stage Free Cash Flow to Equity Exponent's US$70.44...
Analysis Article Jul 14

When Should You Buy Exponent, Inc. (NASDAQ:EXPO)?

Exponent, Inc. ( NASDAQ:EXPO ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article Jun 28

Exponent (NASDAQ:EXPO) Knows How To Allocate Capital

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Analysis Article May 27

Subdued Growth No Barrier To Exponent, Inc.'s (NASDAQ:EXPO) Price

Exponent, Inc.'s ( NASDAQ:EXPO ) price-to-earnings (or "P/E") ratio of 36.7x might make it look like a strong sell...
Analysis Article Apr 06

Is Exponent, Inc. (NASDAQ:EXPO) Potentially Undervalued?

Exponent, Inc. ( NASDAQ:EXPO ), might not be a large cap stock, but it saw significant share price movement during...
Analysis Article Mar 22

Return Trends At Exponent (NASDAQ:EXPO) Aren't Appealing

If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
Seeking Alpha Mar 10

Exponent: A Unique Dividend Contender That Is Valued At A Premium

Summary Exponent Inc. is a market leader in scientific and engineering consulting, with a 13-year dividend growth streak and a solid balance sheet. Despite strong revenue and earnings growth, the valuation is at a premium, making Exponent a hold. The company's competitive advantages include its reputation, technical expertise, and long-term client relationships, ensuring continued market leadership. Exponent's dividend safety is excellent, supported by a conservative payout ratio and robust free cash flow, but the current valuation is a concern. Read the full article on Seeking Alpha
Analysis Article Feb 13

Exponent's (NASDAQ:EXPO) Shareholders Will Receive A Bigger Dividend Than Last Year

Exponent, Inc.'s ( NASDAQ:EXPO ) dividend will be increasing from last year's payment of the same period to $0.30 on...
Analysis Article Jan 30

Exponent, Inc.'s (NASDAQ:EXPO) Intrinsic Value Is Potentially 34% Above Its Share Price

Key Insights The projected fair value for Exponent is US$122 based on 2 Stage Free Cash Flow to Equity Exponent is...
Analysis Article Dec 28

Risks To Shareholder Returns Are Elevated At These Prices For Exponent, Inc. (NASDAQ:EXPO)

Exponent, Inc.'s ( NASDAQ:EXPO ) price-to-earnings (or "P/E") ratio of 42.7x might make it look like a strong sell...
Analysis Article Dec 10

Here's What To Make Of Exponent's (NASDAQ:EXPO) Decelerating Rates Of Return

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Nov 08

Exponent's (NASDAQ:EXPO) Earnings Seem To Be Promising

Despite posting healthy earnings, Exponent, Inc.'s ( NASDAQ:EXPO ) stock has been quite weak. Along with the solid...
Analysis Article Oct 13

Estimating The Intrinsic Value Of Exponent, Inc. (NASDAQ:EXPO)

Key Insights Exponent's estimated fair value is US$114 based on 2 Stage Free Cash Flow to Equity Current share price of...
User avatar
New Narrative Aug 29

Operational Efficiency And Tactical Investments Set To Propel Future Profitability And Revenue Growth

Exponent's strategic management and operational efficiency improvements are poised to enhance future profitability and earnings potential.
Analysis Article Aug 20

Exponent, Inc.'s (NASDAQ:EXPO) Share Price Not Quite Adding Up

Exponent, Inc.'s ( NASDAQ:EXPO ) price-to-earnings (or "P/E") ratio of 51.1x might make it look like a strong sell...
Analysis Article Jul 28

Exponent, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

As you might know, Exponent, Inc. ( NASDAQ:EXPO ) recently reported its second-quarter numbers. Revenues were US$132m...

Shareholder Returns

EXPOUS Professional ServicesUS Market
7D-5.4%-0.8%2.2%
1Y-22.8%-22.6%31.1%

Return vs Industry: EXPO underperformed the US Professional Services industry which returned -22.6% over the past year.

Return vs Market: EXPO underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is EXPO's price volatile compared to industry and market?
EXPO volatility
EXPO Average Weekly Movement3.9%
Professional Services Industry Average Movement8.2%
Market Average Movement7.3%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stable Share Price: EXPO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: EXPO's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19671,212Catherine Corriganwww.exponent.com

Exponent, Inc., together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. It provides services in the areas of biomechanics, biomedical engineering and sciences, civil and structural engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, metallurgical and corrosion engineering polymer and chemistry, thermal sciences, and vehicle engineering.

Exponent, Inc. Fundamentals Summary

How do Exponent's earnings and revenue compare to its market cap?
EXPO fundamental statistics
Market capUS$3.03b
Earnings (TTM)US$108.93m
Revenue (TTM)US$551.14m
27.8x
P/E Ratio
5.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EXPO income statement (TTM)
RevenueUS$551.14m
Cost of RevenueUS$357.50m
Gross ProfitUS$193.64m
Other ExpensesUS$84.71m
EarningsUS$108.93m

Last Reported Earnings

Apr 03, 2026

Next Earnings Date

n/a

Earnings per share (EPS)2.21
Gross Margin35.13%
Net Profit Margin19.76%
Debt/Equity Ratio0%

How did EXPO perform over the long term?

See historical performance and comparison

Dividends

2.0%
Current Dividend Yield
56%
Payout Ratio

Does EXPO pay a reliable dividends?

See EXPO dividend history and benchmarks
When do you need to buy EXPO by to receive an upcoming dividend?
Exponent dividend dates
Ex Dividend DateJun 05 2026
Dividend Pay DateJun 18 2026
Days until Ex dividend24 days
Days until Dividend pay date37 days

Does EXPO pay a reliable dividends?

See EXPO dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 20:35
End of Day Share Price 2026/05/08 00:00
Earnings2026/04/03
Annual Earnings2026/01/02

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Exponent, Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph ForesiBrean Capital Historical (Janney Montgomery)
Alexis HusebyD.A. Davidson & Co.
Tomohiko SanoJ.P. Morgan