IBEX (NASDAQ:IBEX) Downgraded to Buy Rating by Wall Street Zen

Posted by Geri Gentry on Sep 13th, 2026

Wall Street Zen lowered shares of IBEX (NASDAQ:IBEX – Free Report) from a strong-buy rating to a buy rating in a research note issued to investors on Saturday morning,Wall Street Zen reports.

Several other brokerages have also recently weighed in on IBEX. Weiss Ratings reiterated a “hold (c+)” rating on shares of IBEX in a research report on Friday, July 31st. Robert W. Baird boosted their target price on IBEX from $35.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $40.00.

View Our Latest Stock Analysis on IBEX

IBEX Price Performance

NASDAQ:IBEX opened at $39.80 on Friday. IBEX has a 1 year low of $25.94 and a 1 year high of $42.99. The stock’s fifty day moving average price is $35.95 and its two-hundred day moving average price is $31.77. The company has a market cap of $532.92 million, a P/E ratio of 12.72 and a beta of 0.72.

IBEX (NASDAQ:IBEX – Get Free Report) last announced its quarterly earnings results on Thursday, September 10th. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.01. IBEX had a return on equity of 29.77% and a net margin of 7.19%.The company had revenue of $164.27 million during the quarter, compared to analysts’ expectations of $160.02 million.

Insider Buying and Selling

In other news, COO David Afdahl sold 17,500 shares of the stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $37.09, for a total value of $649,075.00. Following the transaction, the chief operating officer owned 140,006 shares of the company’s stock, valued at $5,192,822.54. This represents a 11.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 3.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new stake in IBEX during the third quarter worth about $46,000. Amundi bought a new position in shares of IBEX during the 1st quarter valued at about $74,000. Empowered Funds LLC purchased a new position in shares of IBEX during the 4th quarter valued at about $84,000. Clearstead Advisors LLC raised its holdings in shares of IBEX by 159.1% during the 4th quarter. Clearstead Advisors LLC now owns 2,635 shares of the company’s stock valued at $101,000 after buying an additional 1,618 shares in the last quarter. Finally, California State Teachers Retirement System lifted its position in IBEX by 667.7% in the 2nd quarter. California State Teachers Retirement System now owns 4,161 shares of the company’s stock worth $137,000 after buying an additional 3,619 shares during the last quarter. Institutional investors own 81.24% of the company’s stock.

Key Stories Impacting IBEX

Here are the key news stories impacting IBEX this week:

Positive Sentiment: Above-consensus fiscal 2027 outlook: IBEX forecast fiscal 2027 revenue of $700 million to $715 million, well above the $678.5 million analyst consensus. First-quarter fiscal 2027 revenue guidance of $168 million to $170 million also exceeded the $161.4 million consensus. The outlook reflects continued growth in AI-powered customer-experience services, including the Sierra AI partnership. IBEX fiscal 2026 results and fiscal 2027 guidance
Positive Sentiment: Quarterly earnings beat estimates: IBEX reported adjusted earnings of $0.85 per share, topping the $0.84 consensus, while revenue reached $164.27 million versus expectations of $160.02 million. A 7.53% net margin and 31.50% return on equity further support the company’s strong operating performance. IBEX quarterly earnings report
Positive Sentiment: Price target raised: Robert W. Baird increased its IBEX target from $35 to $40. However, the firm maintained a neutral rating, suggesting limited additional upside at recent trading levels.
Neutral Sentiment: Short-interest data offers little signal: Reported short interest was zero shares, meaning there is no measurable short-covering catalyst or significant reported bearish positioning.
Negative Sentiment: COO sold shares: Chief Operating Officer David Afdahl sold 17,500 shares worth approximately $649,075, reducing his direct ownership by 11.11%. The transaction occurred under a pre-arranged Rule 10b5-1 plan, which makes it a less concerning signal than a discretionary insider sale. IBEX insider trading filing

IBEX Company Profile

(Get Free Report)

IBEX Holdings, Inc is a global business process outsourcing (BPO) company that specializes in customer experience solutions for a range of industries, including telecommunications, cable, technology, financial services and e-commerce. The company’s core offerings encompass multichannel customer support delivered via voice, email, chat, social media and digital self-service platforms. In addition to front-line contact center services, IBEX provides back-office processing, order management, technical troubleshooting and analytics-driven insights to help clients optimize operational efficiency and customer satisfaction.

Beyond traditional contact center operations, IBEX has built a proprietary technology stack designed to integrate real-time data analytics, workforce management and quality assurance.