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Amdocs ( (DOX) ) has issued an update.
On May 13, 2026, Amdocs reported results for the quarter ended March 31, 2026, posting revenue of $1.17 billion, up 3.9% year on year as reported and slightly above guidance, with strength in Europe and Rest of World and managed services contributing about 65% of sales. GAAP and non‑GAAP EPS were above guidance midpoints, non‑GAAP operating margin edged higher, free cash flow reached $80 million with continued share buybacks, and the company reiterated its fiscal 2026 revenue and free‑cash‑flow outlook while highlighting strong project delivery and a growing $4.28 billion twelve‑month backlog.
Amdocs also announced that long‑serving CFO and COO Tamar Rapaport‑Dagim will retire after more than two decades with the company, with internal finance executive Tal Rozenfeld to assume the CFO role on June 1, 2026, as part of a planned leadership transition. Management framed the results and succession as reinforcing Amdocs’ strategic push into an “agentic era,” including the launch of its agentic operating system for telcos, which aims to deepen its role as a key transformation partner for large carriers such as AT&T and Vodafone Germany and support its long‑term growth ambitions despite a cautious macroeconomic backdrop.
The most recent analyst rating on (DOX) stock is a Buy with a $71.00 price target. To see the full list of analyst forecasts on Amdocs stock, see the DOX Stock Forecast page.
Spark’s Take on DOX Stock
According to Spark, TipRanks’ AI Analyst, DOX is a Outperform.
The score is driven primarily by strong financial quality (notably free-cash-flow strength and conservative leverage) and supportive valuation (moderate P/E plus a ~2.9% dividend). These are partly offset by weak technicals (price below key moving averages with bearish momentum) and earnings-call risks tied to modest growth guidance and customer-specific revenue pressure (notably T-Mobile), despite steady margins and backlog.
To see Spark’s full report on DOX stock, click here.
More about Amdocs
Amdocs Limited, listed on Nasdaq as DOX, is a leading provider of software and services to communications and media companies worldwide. The company focuses on mission‑critical systems transformation, managed services and automation for telecom operators, and is increasingly positioning its portfolio around “agentic” and automated solutions tailored to telco needs.
Average Trading Volume: 1,178,689
Technical Sentiment Signal: Sell
Current Market Cap: $6.71B
Learn more about DOX stock on TipRanks’ Stock Analysis page.

