DOX

DOX

Amdocs Limited

Company Information

SectorTechnology
IndustrySoftware - Infrastructure
Market Cap$4.53B
Analysts Rating2.5/5

Recommendation Details

PortfolioTechnology Short
DateNov 12, 2026
ForecastQ Daily Probabilities
52.4%
23.5%
20.0%

Company Description

Amdocs Limited is a global provider of software solutions and associated services, operating through its various subsidiaries worldwide. The company is actively involved in the full lifecycle of its cloud-based portfolio, from designing and developing to operating, implementing, supporting, and marketing these open and modular offerings. Its diverse product lineup includes CES21, a leading customer experience suite built on 5G and cloud-native microservices architecture, which empowers service providers to develop, deliver, and monetize advanced services. Amdocs also offers a Commerce and Care suite for streamlining order processing and customer engagement, and a Monetization suite that handles charging, billing, policy enforcement, and overall revenue management. Further offerings include an Intelligent Networking suite, providing modular, flexible, and open service lifecycle management capabilities for network automation; MarketONE, a cloud-native business ecosystem; the Digital Brands Suite, a pre-integrated digital business platform tailored for emerging digital telecom brands and smaller service providers; and the eSIM Cloud for service providers. Beyond these core products, Amdocs furnishes AI-powered, cloud-native home operating systems, various data intelligence solutions, and applications. The company also extends its expertise to media services for publishers, TV networks, and video streaming providers, along with end-to-end application development and maintenance services and continuous operational support. Amdocs provides an extensive array of services that cater to every stage of a service provider's lifecycle. These encompass design, delivery, quality engineering, operations, systems integration, mobile network services, expert consulting, and content services. Additionally, its managed services segment covers application development, modernization, and maintenance, IT and infrastructure support, testing, and professional services, all designed to assist clients in the selection, implementation, operation, management, and upkeep of their IT systems. The company's clientele primarily consists of service providers across the communications, cable and satellite, entertainment, and broader media industries, alongside mobile virtual network operators (MVNOs) and directory publishers. Amdocs Limited was established in 1988 and maintains its corporate headquarters in Saint Louis, Missouri.

Recent News & Events

Escalating T-Mobile contract dispute and a severe FY2027 guidance cut have triggered a sharp selloff, analyst downgrades, and securities investigations, keeping near-term sentiment decisively negative.

NEGATIVENov 3, 2026
Earnings Report / Guidance Cut

Q4 FY2026 results in line but FY2027 guidance slashed

Amdocs reported Q4 FY2026 revenue of $1.19B and non-GAAP EPS of $1.98, both in line with consensus, but issued FY2027 guidance projecting revenue declines of 14.3%-17.9% and non-GAAP EPS declines of 26%-30%. Q1 FY2027 revenue guidance midpoint of $975M badly missed the ~$1.2B consensus, driving a 39%-45% single-day share collapse and resetting the stock's valuation baseline.

Amdocs Press Release
NEGATIVENov 3, 2026
Customer Contract Dispute

Mutual breach notices with T-Mobile threaten termination

Amdocs and T-Mobile have each issued notices asserting material breach of their agreements, threatening termination and arbitration. Amdocs explicitly incorporated potential termination of the T-Mobile agreements into its conservative FY2027 guidance, and the 12-month backlog fell ~9.6% YoY and ~$370M sequentially, creating ongoing uncertainty over a key revenue source.

Amdocs Press Release
NEGATIVENov 11, 2026
Analyst Downgrade

Zacks downgrades to Strong Sell; Oppenheimer cuts to Market Perform

Zacks Research downgraded Amdocs to "strong sell" from "hold" on November 11, while Oppenheimer cut the stock to "market perform" from "outperform" on November 4. The wave of downgrades and lowered earnings estimates reinforces negative momentum and can pressure the stock further as institutional positioning adjusts.

MarketBeat
NEGATIVENov 11, 2026
Securities Investigation

Multiple law firms probe potential securities claims

Several law firms announced investigations into potential securities claims tied to Amdocs' disclosures and the T-Mobile agreement issues, following the ~30% stock decline on November 4. These investigations raise litigation/headline risk and can sustain negative sentiment and volatility in the near term.

MarketBeat
POSITIVENov 3, 2026
M&A / Acquisition

Acquires EIS for ~$340M to enter insurance tech

Amdocs announced the acquisition of EIS, a cloud-native insurance technology provider, for approximately $340M in cash plus potential performance-based consideration. The deal diversifies revenue into insurance and adds some inorganic contribution to FY2027 guidance, a modest positive offset to the otherwise negative news flow.

Amdocs Press Release
NEUTRALNov 3, 2026
Dividend Increase

Board approves 3% dividend hike to $0.586

The Board approved a 3% increase in the quarterly cash dividend from $0.569 to $0.586 per share, anticipated to be first paid in April 2027 subject to shareholder approval at the January 2027 annual meeting. The modest raise signals balance-sheet confidence but is unlikely to materially move the stock near term.

Amdocs Press Release

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