Data and AI firm Exlservice raises 2026 outlook for rev, adj usted EPS

ExlService Holdings

28/04/2026 21:24

Overview

US data and AI firm's Q1 revenue grew 14% yr/yr, beating analyst expectations

Adjusted diluted EPS for Q1 rose 20% yr/yr, beating analyst expectations

Company raised full-year 2026 guidance for revenue and adjusted EPS

Outlook

ExlService raises 2026 revenue guidance to $2.30 bln-$2.33 bln, up from prior $2.275 bln-$2.315 bln

Company expects 2026 adjusted diluted EPS of $2.18-$2.23, up from prior $2.14-$2.19

ExlService says business momentum supports higher guidance amid evolving macro-economic environment

Result Drivers

DATA AND AI STRATEGY - Co attributed revenue and adjusted EPS growth to execution of its data and AI strategy

NEW CLIENT WINS - Co said it won 16 new clients in the quarter

INDUSTRY RECOGNITION - Co highlighted awards and partnerships with NVIDIA, AWS, Genesys, and Google Cloud for AI expertise

Company press release: ID:nGNX7j7Xkj

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$570.40 mln
$557.70 mln (8 Analysts)
Q1 Adjusted EPS
Beat
$0.58
$0.54 (8 Analysts)
Q1 EPS
$0.43
Q1 Adjusted Operating Margin
20.50%
Q1 Operating Margin
16.10%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for Exlservice Holdings Inc is $45.00, about 48.1% above its April 27 closing price of $30.38

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)