Analysts Set ExlService Holdings, Inc. (NASDAQ:EXLS) Price Target at $40.50

Posted by Brenda Bartman on Jul 15th, 2026

ExlService Holdings, Inc. (NASDAQ:EXLS – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and five have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $40.50.

Several research analysts have commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of ExlService from $42.00 to $43.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. TD Cowen reaffirmed a “buy” rating and set a $39.00 target price (down from $45.00) on shares of ExlService in a research note on Thursday, July 9th. Weiss Ratings cut shares of ExlService from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 30th. Finally, Barrington Research reissued an “outperform” rating and issued a $40.00 price target on shares of ExlService in a research note on Thursday, June 25th.

Read Our Latest Report on ExlService

Insider Activity at ExlService

In related news, EVP Ajay Ayyappan sold 5,093 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $29.11, for a total value of $148,257.23. Following the sale, the executive vice president directly owned 48,994 shares of the company’s stock, valued at $1,426,215.34. This represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vikas Bhalla sold 12,000 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $30.22, for a total value of $362,640.00. Following the completion of the transaction, the insider owned 153,295 shares of the company’s stock, valued at approximately $4,632,574.90. This trade represents a 7.26% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 3.66% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. True Wealth Design LLC lifted its stake in ExlService by 57.2% during the fourth quarter. True Wealth Design LLC now owns 706 shares of the business services provider’s stock worth $30,000 after purchasing an additional 257 shares during the last quarter. Private Trust Co. NA increased its stake in ExlService by 56.2% during the fourth quarter. Private Trust Co. NA now owns 717 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 258 shares during the last quarter. Fifth Third Bancorp raised its holdings in shares of ExlService by 15.0% during the fourth quarter. Fifth Third Bancorp now owns 1,982 shares of the business services provider’s stock worth $84,000 after purchasing an additional 259 shares during the period. Composition Wealth LLC raised its holdings in shares of ExlService by 1.6% during the fourth quarter. Composition Wealth LLC now owns 20,230 shares of the business services provider’s stock worth $859,000 after purchasing an additional 314 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its position in shares of ExlService by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 54,274 shares of the business services provider’s stock worth $2,390,000 after buying an additional 318 shares during the last quarter. 92.92% of the stock is owned by hedge funds and other institutional investors.

ExlService Stock Down 4.1%

NASDAQ EXLS opened at $27.32 on Friday. ExlService has a 1 year low of $24.85 and a 1 year high of $47.11. The stock has a market capitalization of $4.17 billion, a PE ratio of 17.40, a PEG ratio of 1.20 and a beta of 0.84. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.66 and a quick ratio of 2.66. The business’s 50-day moving average is $28.25 and its 200 day moving average is $32.09.

ExlService (NASDAQ:EXLS – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The business services provider reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.05. The business had revenue of $570.35 million during the quarter, compared to analysts’ expectations of $557.67 million. ExlService had a return on equity of 28.50% and a net margin of 11.66%.The business’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the business posted $0.48 EPS. ExlService has set its FY 2026 guidance at 2.180-2.230 EPS. Sell-side analysts forecast that ExlService will post 1.8 earnings per share for the current year.

ExlService announced that its board has authorized a stock buyback plan on Tuesday, March 17th that permits the company to buyback $125.00 million in outstanding shares. This buyback authorization permits the business services provider to repurchase up to 2.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its stock is undervalued.

ExlService Company Profile

(Get Free Report)

ExlService Holdings, Inc (NASDAQ: EXLS) is a global operations management and analytics company that partners with clients in insurance, healthcare, banking, and financial services to drive digital transformation and operational excellence. The firm delivers analytics-driven solutions and business process outsourcing services, including claims adjudication, finance and accounting, data management, and customer service support. ExlService combines domain expertise with advanced analytics, artificial intelligence, and automation technologies to help organizations optimize processes, enhance customer experiences, and manage risk.

Founded in 1999 and headquartered in New York City, ExlService has grown through a mix of organic expansion and strategic acquisitions, earning recognition for its data analytics capabilities and industry-specific knowledge.