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EXLSEXLSTechnology · Information Technology Services

EXLS Stock Forecast: ExlService Holdings, Inc. Price Predictions for 2026-2027

Last close, 8 Oct 2026
$37
+3.83% on the day

The 9 Wall Street analysts covering ExlService Holdings, Inc. hold a median 12-month price target of $45 — +22.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 81 of 100 as at 8 Oct 2026 — inside the top quartile. Here, the model and the Street point the same way.

Market cap
$5.4B
Ticker Nerd rank
81 / 100
Median analyst target
$45
Analysts covering
9
Revenue$594.8M+15.6% y/y
Operating income$87.3M
Net income$64.5M
Free cash flow$73.4M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+1.1%
1M
+3.8%
YTD
−13.1%
1Y
−13.2%
From 52W high
−15.0%
From 52W low
+46.2%
$25
$43
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

EXLS stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores ExlService Holdings, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 8 Oct 2026
81 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
96
Quality
94
Value
77
Volatility
76
Accruals
56
Issuance
56
Growth
51
Momentum
37
Size
21

Revisions (96): Analysts have, on balance, been raising their forecasts.

Momentum (37): The shares have been drifting down relative to others.

Size (21): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

EXLS stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on EXLS, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$25$30$35$40$45$50Jan 26Apr 26Jul 26Oct 26EXLSHigh $48Median $45Low $39

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says9 analysts
9 Buy0 Hold0 Sell
Low $39Median $45High $48

The green dot is the last close — the median target sits +22.1% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
27 Aug 2026TD CowenMaintainsBuy$43 → $45
30 July 2026BairdUpgradeOutperform—
30 July 2026BairdUpgradeOutperform$35 → $45
29 July 2026NeedhamMaintainsBuy—
29 July 2026NeedhamMaintainsBuy$40 → $45
9 July 2026TD CowenMaintainsBuy$45 → $39
9 July 2026TD CowenMaintainsBuy—
25 June 2026Barrington ResearchMaintainsOutperform—
30 Apr 2026Barrington ResearchUpgradeOutperform—
30 Apr 2026JP MorganMaintainsOverweight—
26 Feb 2026NeedhamMaintainsBuy—
26 Feb 2026StifelMaintainsBuy—
26 Feb 2026TD CowenMaintainsBuy—
9 Jan 2026TD CowenMaintainsBuy—
20 Aug 2025JP MorganMaintainsOverweight—
3 June 2025NeedhamReiteratesBuy—
1 May 2025JP MorganMaintainsOverweight—
27 Feb 2025NeedhamMaintainsBuy—
27 Feb 2025StifelMaintainsBuy—
21 Jan 2025JefferiesMaintainsBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. EXLS appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

EXLS vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 8 Oct 2026, ExlService Holdings, Inc. returned −13.2% against +16.2% for the S&P 500, dividends included.

EXLS vs S&P 500, last 12 monthsTotal return, rebased to 100
60708090100110120Jan 26Apr 26Jul 26Oct 26EXLSS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

EXLS analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+2.4%
Analysts raising
9
Analysts cutting
0
Fundamentals

ExlService Holdings, Inc. (EXLS) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
22.5×

Cheaper than 33% of US stocks

Price / sales
2.4×

Cheaper than 47% of US stocks

Price / book
6.2×

Cheaper than 16% of US stocks

EV / EBITDA
14.7×

Cheaper than 23% of US stocks

Growth & margins
Revenue growth (YoY)
15.6%

Higher than 63% of US stocks

Earnings growth (YoY)
−2.3%

Higher than 34% of US stocks

Gross margin
38.0%

Higher than 46% of US stocks

Operating margin
14.6%

Higher than 72% of US stocks

Net margin
11.2%

Higher than 72% of US stocks

Returns & dividend
Return on equity
25.9%

Higher than 86% of US stocks

Return on assets
12.0%

Higher than 95% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

ExlService Holdings, Inc. (EXLS) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • ExlService Holdings, Inc. has a market value of $5.4B and an enterprise value of $5.6B.

  • Revenue in the twelve months to 30 June 2026: $2.2B. The latest quarter grew 15.6% year on year.

  • Net income over the same four quarters: $250.0M, a 11.2% net margin.

  • Diluted earnings per share, trailing twelve months: $1.59.

  • Free cash flow in the twelve months to 30 June 2026: $275.0M, after $52.3M of capital spending.

  • ExlService Holdings, Inc. spent $455.4M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 151.7M.

  • Trailing P/E: 22.5×; forward P/E: 13.7× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • ExlService Holdings, Inc. employs 65,000 people — $34K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 8 Oct 2026

Data provided by Twelve Data

Peers

EXLS vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelInformation Technology Services
CompanyMarket capTKN rank
EXLSExlService Holdings, Inc.$5.4B
81
SAICScience Applications International Corp.$5.6B
93
CIFRCipher Digital, Inc.$5.6B
8
MAASMaase, Inc.$5.4B
2
EPAMEPAM Systems, Inc.$5.9B
74
GGenpact Ltd.$6.0B
91
INGMIngram Micro Holding Corp.$6.5B
79

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own ExlService Holdings, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest EXLS news & analysis

EXL transforms client workflows with the integration of agentic AI into core insurance and healthcare solutions

GlobeNewsWire · 8 Oct 2026positive

EXL announced the integration of agentic AI capabilities into core insurance and healthcare solutions. The capabilities are intended to shorten life and annuities product launch cycles, optimize in-force policy management, and move health plan payment integrity upstream.

Why it matters — The announcement highlights EXL’s use of agentic AI across insurance and healthcare workflows, areas relevant to its solutions portfolio.

EXL schedules third quarter 2026 financial results conference call

GlobeNewsWire · 7 Oct 2026neutral

ExlService Holdings said it will release third-quarter 2026 financial results after market close on October 27, 2026. An earnings release, investor fact sheet, and presentation will be posted on its investor relations website.

Why it matters — EXLS watchers can note when the company will publish its quarterly results and related materials.

EXL's seventh Sustainability Report showcases continued measurable progress across CSR, emissions reductions, renewable energy and responsible AI governance

GlobeNewsWire · 30 Sept 2026positive

EXL published its seventh Sustainability Report, highlighting continued measurable progress in corporate social responsibility, emissions reductions, renewable energy, and responsible AI governance. The report notes that approximately 78% of its global workforce volunteers in CSR initiatives, while Scope 1 and 2 emissions have fallen 64% from the 2019 baseline.

Why it matters — An EXLS watcher would care because the report demonstrates concrete, quantified progress on sustainability and governance commitments that investors increasingly factor into company assessments.

INOD vs. EXLS: Which AI & Data Services Stock Has More Upside?

Zacks Investment Research · 29 Sept 2026positive

Zacks Investment Research examined Innodata and ExlService as AI and data services stocks benefiting from rising enterprise and technology spending on artificial intelligence, data engineering, and AI-enabled services. The piece notes that Innodata has greater exposure to frontier AI developers, while ExlService combines data and AI capabilities with deep domain expertise across insurance, healthcare, banking, and other enterprise markets.

Why it matters — For ExlService watchers, this highlights that the company is being recognized as a beneficiary of growing AI and data services spending, with its domain expertise across key enterprise sectors positioned as a competitive strength.

All You Need to Know About ExlService Holdings (EXLS) Rating Upgrade to Buy

Zacks Investment Research · 17 Sept 2026positive

Zacks Investment Research upgraded ExlService Holdings (EXLS) to a Rank #2 (Buy), citing growing optimism about the company's earnings prospects. The report notes this upgrade could help drive the stock higher in the near term.

Why it matters — A ratings upgrade to Buy signals rising confidence in EXLS's earnings outlook, which EXLS watchers would view as a favorable development for the stock.

FAQ

Frequently asked questions about EXLS stock

What is the EXLS stock price forecast for 2026-2027?

The 9 Wall Street analysts covering ExlService Holdings, Inc. have a median 12-month price target of $45, with estimates ranging from $39 to $48. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is EXLS stock a buy right now?

Of the 9 analysts covering ExlService Holdings, Inc., 9 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks ExlService Holdings, Inc. 81 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank EXLS?

As at 8 Oct 2026, ExlService Holdings, Inc. ranks 81 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (96 of 100).

Will EXLS stock go up?

No one can know that. What the data says: the median 12-month target from 9 analysts implies +22.1% from the last close, and Ticker Nerd's factor model ranks ExlService Holdings, Inc. 81 out of 100 as at 8 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the EXLS stock forecast for 2030?

No analyst covering ExlService Holdings, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for EXLS are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $39 to $48 over the next 12 months.

How has EXLS stock performed over the past year?

ExlService Holdings, Inc. returned -13.2% over the 12 months to 8 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does ExlService Holdings, Inc. do?

ExlService Holdings, Inc. Common Stock represents ExlService Holdings, Inc., a global data, analytics, and digital operations company focused on helping enterprises manage complex business processes.

What is the latest news on EXLS?

The most recent item we track (GlobeNewsWire, 8 Oct 2026): "EXL transforms client workflows with the integration of agentic AI into core insurance and healthcare solutions". EXL announced the integration of agentic AI capabilities into core insurance and healthcare solutions. The capabilities are intended to shorten life and annuities product launch cycles, optimize in-force policy management, and move health plan payment integrity upstream.

Company

About ExlService Holdings, Inc.

ExlService Holdings, Inc. Common Stock represents ExlService Holdings, Inc., a global data, analytics, and digital operations company focused on helping enterprises manage complex business processes. ExlService Holdings, Inc. provides AI-led and data-driven services across insurance, healthcare and life sciences, banking and capital markets, and diversified industries. Its offerings include analytics, digital operations, consulting, data services, automation, and technology-enabled business process solutions designed to improve operational efficiency and decision-making. The company serves clients across multiple regions, supporting industries that rely on large-scale data handling, workflow optimization, and customer service operations. ExlService Holdings, Inc. plays an important role in the financial market as a technology services provider with exposure to enterprise transformation, outsourced operations, and applied artificial intelligence.

CEO Mr. Rohit Kapoor · 65,000 employees · United States · https://www.exlservice.com