Managed services - Record managed services revenue contributed 67% of total revenue, up 2.5% yr/yr
Strategic contract win - Signed 10-year partnership with Liberty Latin America to manage and transform its IT domain using aOS
Internal transformation - Co said profitability improved as it balanced growth investments with accelerated internal transformation to become an agentic-first organization
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for Amdocs Limited is $73.45, about 29.5% above its August 4 closing price of $56.72
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago
Outlook for Q4 and fiscal 2026
Amdocs sees Q4 revenue of $1.175-$1.215 bln
Company expects FY 2026 revenue growth of 3.2%-4.0% as reported
Amdocs reiterates FY 2026 free cash flow outlook of $710-$730 mln, excluding restructuring payments
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