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Updated 40m ago
DOX logo

Amdocs LimitedNasdaqGS:DOX Stock Report

Market Cap US$6.2b
Updated 40m ago
Share Price
n/a
1Y-29.2%
7D-3.5%
1D-2.0%
Portfolio Value
​
View

Amdocs Limited

NasdaqGS:DOX Stock Report

Market Cap: US$6.2b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Amdocs (DOX) Stock Overview

Through its subsidiaries, provides software and services to communications, entertainment, media, and other service providers worldwide. More details

DOX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends5/6

Rewards

Trading at 56.5% below our estimate of its fair value

Earnings are forecast to grow 23.15% per year

Pays a reliable dividend of 3.84%

Trading at good value compared to peers and industry

Risk Analysis

Large one-off items impacting financial results


DOX Community Fair Values

Create Narrative

See what 154 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
25.2% undervalued intrinsic discount
AnalystConsensusTarget
•16d ago

Cloud, AI And 5G Adoption Will Modernize Telecom And Media

538
0
63
AN
AnalystHighTarget
43.5% undervalued intrinsic discount
AnalystHighTarget
•6mo ago

Cloud And AI Transformation Will Reshape Telecom Operations Over The Next Decade

29
0
0
AN
AnalystLowTarget
5.9% undervalued intrinsic discount
AnalystLowTarget
•2d ago

Cloud Migration And AI Adoption Will Shape Telecom Software Returns By 2029

37
0
3

Top Community Narratives

DOX logo
Amdocs
27.7% undervalued intrinsic discount

Why Amdocs is a high conviction Buy for me?

View narrative
HA
HarishPK
Emerging Author
HarishPK
Published 23 Jun
Read Narrative

Top Community Narratives

DOX logo
Amdocs
27.7% undervalued intrinsic discount

Why Amdocs is a high conviction Buy for me?

View narrative
HA
HarishPK
Emerging Author
HarishPK
Published 23 Jun
Read Narrative

Top Analyst Narratives

AN
AnalystConsensusTarget
25.2% undervalued intrinsic discount
AnalystConsensusTarget
•16d ago

Cloud, AI And 5G Adoption Will Modernize Telecom And Media

538
0
63
AN
AnalystHighTarget
43.5% undervalued intrinsic discount
AnalystHighTarget
•6mo ago

Cloud And AI Transformation Will Reshape Telecom Operations Over The Next Decade

29
0
0
AN
AnalystLowTarget
5.9% undervalued intrinsic discount
AnalystLowTarget
•2d ago

Cloud Migration And AI Adoption Will Shape Telecom Software Returns By 2029

37
0
3
View all narratives

Amdocs Limited Competitors

EPAM Systems

Symbol: NYSE:EPAM
Market cap: US$6.0b

Gartner

Symbol: NYSE:IT
Market cap: US$11.9b

Kyndryl Holdings

Symbol: NYSE:KD
Market cap: US$2.8b

DXC Technology

Symbol: NYSE:DXC
Market cap: US$1.8b

Price History & Performance

Summary of share price highs, lows and changes for Amdocs
Historical stock prices
Current Share PriceUS$59.30
52 Week HighUS$85.63
52 Week LowUS$49.74
Beta0.43
1 Month Change-2.63%
3 Month Change15.21%
1 Year Change-29.23%
3 Year Change-30.81%
5 Year Change-22.83%
Change since IPO323.57%

Recent News & Updates

User avatar
Narrative Update • Sep 17

DOX: Telecom Leadership And Buybacks Will Shape Balanced AI-Driven Outlook

Analysts have trimmed their fair value estimate for Amdocs from $70.84 to $63.00, pointing to a more balanced view on revenue growth relative to peers, even as they remain constructive on the company's telecom leadership and early stage AI opportunities. What’s in the News for Amdocs From April 1, 2026 to June 30, 2026, Amdocs repurchased 2,333,153 shares for US$143 million, equal to 2.2% of its shares.
User avatar
Narrative Update • Sep 03

DOX: Early AI Opportunities And Ongoing Buybacks Will Support Future Rerating

Analysts have raised their fair value estimate for Amdocs from $75.94 to $79.25, citing updated expectations for revenue growth, profit margins and P/E multiples in light of recent research. The research highlights the company’s telecom leadership and early AI opportunities, along with a balanced growth outlook.
Seeking Alpha • Aug 27

Amdocs Offers A Clear Value Case

Summary Amdocs offers steady cash flow, resilient margins, and a robust backlog yet trades at deep discounts to sector averages. DOX maintains strong free cash flow guidance ($710–$730 million for FY26), with 90% conversion from non-GAAP net income and a $4.26 billion backlog. Capital returns remain attractive: a 3.57% dividend yield, consistent buybacks, and ample liquidity with $206 million cash and $520 million in unused revolver. I reiterate a Buy rating; risk/reward is compelling, as the market prices in an unwarranted long-term decline despite stable performance and upside from AI and cloud. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 18

DOX: Early AI Contracts And Buybacks Will Support Future Multiple Rerating

Amdocs' updated analyst fair value estimate has shifted from $81.21 to about $75.94 as analysts factor in a higher discount rate, slightly softer revenue growth assumptions, and a lower future P/E multiple, despite a higher projected profit margin and ongoing confidence in the company's telecom leadership and early stage AI opportunity. What’s in the News for Amdocs Liberty Latin America entered a 10 year engagement with Amdocs to manage its end to end IT ecosystem across Latin America and the Caribbean, using the Amdocs Agentic Operating System to support AI driven operations, cost savings, and continuity of service during the transition.

Recent updates

User avatar
Narrative Update • Sep 17

DOX: Telecom Leadership And Buybacks Will Shape Balanced AI-Driven Outlook

Analysts have trimmed their fair value estimate for Amdocs from $70.84 to $63.00, pointing to a more balanced view on revenue growth relative to peers, even as they remain constructive on the company's telecom leadership and early stage AI opportunities. What’s in the News for Amdocs From April 1, 2026 to June 30, 2026, Amdocs repurchased 2,333,153 shares for US$143 million, equal to 2.2% of its shares.
User avatar
Narrative Update • Sep 03

DOX: Early AI Opportunities And Ongoing Buybacks Will Support Future Rerating

Analysts have raised their fair value estimate for Amdocs from $75.94 to $79.25, citing updated expectations for revenue growth, profit margins and P/E multiples in light of recent research. The research highlights the company’s telecom leadership and early AI opportunities, along with a balanced growth outlook.
Seeking Alpha • Aug 27

Amdocs Offers A Clear Value Case

Summary Amdocs offers steady cash flow, resilient margins, and a robust backlog yet trades at deep discounts to sector averages. DOX maintains strong free cash flow guidance ($710–$730 million for FY26), with 90% conversion from non-GAAP net income and a $4.26 billion backlog. Capital returns remain attractive: a 3.57% dividend yield, consistent buybacks, and ample liquidity with $206 million cash and $520 million in unused revolver. I reiterate a Buy rating; risk/reward is compelling, as the market prices in an unwarranted long-term decline despite stable performance and upside from AI and cloud. Read the full article on Seeking Alpha
User avatar
Narrative Update • Aug 18

DOX: Early AI Contracts And Buybacks Will Support Future Multiple Rerating

Amdocs' updated analyst fair value estimate has shifted from $81.21 to about $75.94 as analysts factor in a higher discount rate, slightly softer revenue growth assumptions, and a lower future P/E multiple, despite a higher projected profit margin and ongoing confidence in the company's telecom leadership and early stage AI opportunity. What’s in the News for Amdocs Liberty Latin America entered a 10 year engagement with Amdocs to manage its end to end IT ecosystem across Latin America and the Caribbean, using the Amdocs Agentic Operating System to support AI driven operations, cost savings, and continuity of service during the transition.
Analysis Article • Aug 09

Amdocs Limited Just Missed Earnings - But Analysts Have Updated Their Models

Investors in Amdocs Limited ( NASDAQ:DOX ) had a good week, as its shares rose 5.1% to close at US$58.55 following the...
User avatar
New Narrative • Jun 23

Why Amdocs is a high conviction Buy for me?

As a quantitative fundamental value investor, I seek out for deep value stocks, estimate their fair value, compute their intrinsic price and run them through my check list to see if I can invest in them. I take the three filter approach for this - is my thesis Possible?
User avatar
Narrative Update • Jun 05

DOX: Future Share Repurchases And EPS Recovery Will Support Multiple Rerating

Analysts have trimmed their price target for Amdocs to about $81 from about $90, citing lower sector P/E multiples, even as projections for profit margin and discount rate assumptions have been adjusted. Analyst Commentary Bullish and bearish analysts are looking at the same set of inputs for Amdocs and reaching very different conclusions, which is why you see both Buy ratings and a Sell rating alongside lower price targets clustered in the low to high US$70s.
User avatar
Narrative Update • Apr 26

DOX: Future EPS Guidance And Buybacks Will Support Multiple Rerating

Analysts have trimmed their Amdocs fair value estimate by about $0.36 to $90.21, reflecting updated assumptions around discount rates, long term revenue growth, profit margins, and future P/E expectations following recent price target reductions from major firms. Analyst Commentary Recent research updates have focused less on headline ratings and more on recalibrating what investors might reasonably pay for Amdocs, with both price targets moving lower and feeding into the modest trim to the fair value estimate.
User avatar
Narrative Update • Apr 06

DOX: Reset Guidance And Shareholder Returns Will Support Multiple Rerating

Analysts have trimmed their average price target on Amdocs by $19 to $90.57, citing updated assumptions around discount rates, long term growth, margins and future P/E multiples reflected in recent research from major firms. Analyst Commentary Recent research updates suggest that analysts are recalibrating their views on Amdocs, with price targets being reset to reflect revised assumptions around growth, profitability and valuation multiples.
User avatar
New Narrative • Mar 31

Cloud Migration And AI Adoption Will Shape Telecom Software Returns By 2029

Catalysts About Amdocs Amdocs provides software, services and managed solutions that support telecom operators in areas such as billing, customer experience, network operations and data driven applications. What are the underlying business or industry changes driving this perspective?
User avatar
Narrative Update • Mar 22

DOX: Reset Guidance And Capital Returns Will Support Multiple Rerating

Analysts have trimmed their Amdocs fair value estimate by about $3.25 to $90.57, citing slightly softer revenue growth and profit margin assumptions, partly offset by a higher forward P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts point to the maintained use of a higher forward P/E multiple in fair value work, which suggests ongoing confidence in Amdocs' earnings quality and pricing power, even with more conservative revenue and margin inputs.
User avatar
New Narrative • Mar 17

Cloud And AI Transformation Will Reshape Telecom Operations Over The Next Decade

Catalysts About Amdocs Amdocs provides software, services and managed solutions that support mission critical business and operations systems for telecom and media companies worldwide. What are the underlying business or industry changes driving this perspective?
User avatar
Narrative Update • Mar 07

DOX: Reset Guidance And Capital Returns Will Support Future Repricing

Analysts have reduced their Amdocs price targets by roughly $10 to $20, citing updated assumptions around discount rates and future P/E, while maintaining a broadly unchanged view of the stock’s fair value. Analyst Commentary Recent research updates keep the core investment view on Amdocs largely intact, even as price targets are reset to reflect revised discount rates and updated P/E assumptions.
User avatar
Narrative Update • Feb 21

DOX: Reset Guidance And Shareholder Returns Will Support Future Earnings Rebound

Analysts have reduced their price targets for Amdocs by $19 and $9, citing updated views on fair value, discount rate, revenue growth, profit margin and future P/E as the main reasons for the adjustment. Analyst Commentary Recent target cuts suggest analysts are reassessing how they value Amdocs, focusing on what they see as more conservative assumptions for fair value, discount rates, revenue growth, profit margins and future P/E levels.
User avatar
Narrative Update • Feb 06

DOX: Reset FY26 Guidance And Buybacks Will Support Earnings Rebound

Narrative Update Analysts have trimmed their price target on Amdocs to about $95.50 from roughly $104, citing constraints on growth, lower FY26 revenue and EPS guidance versus prior Street expectations, and a revised view on margins and future P/E multiples. Analyst Commentary Recent research updates on Amdocs point to a more cautious stance, with multiple firms trimming price targets and highlighting a gap between company guidance and prior Street expectations.
Analysis Article • Jan 14

Is Amdocs Limited (NASDAQ:DOX) Trading At A 36% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Amdocs fair value estimate is US$130 Amdocs is estimated to be...
Seeking Alpha • Apr 25

Amdocs Exits Low-Margin Activities But Growth Remains Uncertain

Summary Amdocs has made recent moves to exit low-margin business activities to improve its focus and profitability. However, the company is still working to improve revenue growth despite macroeconomic uncertainties in international markets as a result of recent tariff policy changes. Given the firm’s low growth rate on higher gross margin and an indication the stock may be overvalued on a DCF basis, my outlook on DOX remains a neutral Hold. Read the full article on Seeking Alpha
Seeking Alpha • Feb 07

Amdocs: Focused On Improving Margins

Summary Today, we take a look at Amdocs Limited, which posted quarterly earnings this week and boosted its dividend payouts by 10%. The company is focused on phasing out low-margin businesses to continue to boost operating margins. This is resulting in significant free cash flow for the company. An analysis of Amdocs Limited follows in the paragraphs below. Read the full article on Seeking Alpha
User avatar
New Narrative • Aug 25

Cloud Innovation And AI Partnerships Propel Revenue And Margins Skyward

Strategic focus on cloud migration, AI investments, and partnerships for innovation promises efficiency gains and new revenue streams, enhancing net margins.
Seeking Alpha • Aug 23

Amdocs Growth Remains Anemic On Client Buying Scrutiny

Summary Amdocs recently reported its FQ3 2024 results, meeting revenue estimates but beating earnings expectations. The market outlook for customer experience management is positive, with Amdocs active in various business software vertical markets. Financial trends show slow revenue growth, declining earnings per share, and reduced operating margin. I remain Neutral (Hold) on DOX until management can convert its strong backlog into revenue growth. Read the full article on Seeking Alpha

Shareholder Returns

DOXUS ITUS Market
7D-3.5%-0.4%-0.2%
1Y-29.2%-1.5%11.9%

Return vs Industry: DOX underperformed the US IT industry which returned -1.5% over the past year.

Return vs Market: DOX underperformed the US Market which returned 11.9% over the past year.

Price Volatility

Is DOX's price volatile compared to industry and market?
DOX volatility
DOX Average Weekly Movement4.5%
IT Industry Average Movement10.6%
Market Average Movement6.8%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
198226,969Shimie Hortigwww.amdocs.com

Amdocs Limited, through its subsidiaries, provides software and services to communications, entertainment, media, and other service providers worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud offering. The company also provides CES25, a telco-native, GenAI-led customer experience suite, spanning business, and operations and network domains that is embedded with AI and related tools.

Amdocs Limited Fundamentals Summary

How do Amdocs's earnings and revenue compare to its market cap?
DOX fundamental statistics
Market capUS$6.19b
Earnings (TTM)US$455.71m
Revenue (TTM)US$4.65b
13.6x
P/E Ratio
1.3x
P/S Ratio

Is DOX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DOX income statement (TTM)
RevenueUS$4.65b
Cost of RevenueUS$2.87b
Gross ProfitUS$1.78b
Other ExpensesUS$1.33b
EarningsUS$455.71m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)4.36
Gross Margin38.28%
Net Profit Margin9.79%
Debt/Equity Ratio27.9%

How did DOX perform over the long term?

See historical performance and comparison

Dividends

3.8%
Current Dividend Yield
52%
Payout Ratio

Does DOX pay a reliable dividends?

See DOX dividend history and benchmarks
When do you need to buy DOX by to receive an upcoming dividend?
Amdocs dividend dates
Ex Dividend DateSep 30 2026
Dividend Pay DateOct 30 2026
Days until Ex dividend11 days
Days until Dividend pay date41 days

Does DOX pay a reliable dividends?

See DOX dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/19 03:39
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/09/30

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
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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 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

Amdocs Limited is covered by 23 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tal LianiBofA Global Research
Daniel CumminsB. Riley Securities, Inc.
Edward JacksonCantor Fitzgerald & Co.

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