AudioCodes (NASDAQ:AUDC - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.600-0.750 for the period, compared to the consensus estimate of 0.600. The company issued revenue guidance of $247.0 million-$255.0 million, compared to the consensus revenue estimate of $251.0 million.
AudioCodes Stock Performance
Shares of NASDAQ:AUDC traded up $0.04 during trading hours on Wednesday, hitting $8.55. The stock had a trading volume of 26,092 shares, compared to its average volume of 132,831. The stock's fifty day simple moving average is $8.46 and its 200 day simple moving average is $8.59. AudioCodes has a 1-year low of $6.95 and a 1-year high of $11.50. The firm has a market capitalization of $231.73 million, a price-to-earnings ratio of 27.50 and a beta of 0.95.
AudioCodes (NASDAQ:AUDC - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The communications equipment provider reported $0.14 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.02). AudioCodes had a net margin of 3.65% and a return on equity of 6.46%. The firm had revenue of $62.14 million during the quarter, compared to analyst estimates of $61.50 million.
Analysts Set New Price Targets
Separately, Wall Street Zen lowered shares of AudioCodes from a "strong-buy" rating to a "buy" rating in a research note on Saturday, February 7th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, AudioCodes presently has a consensus rating of "Hold" and a consensus price target of $12.50.
View Our Latest Analysis on AUDC
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of AudioCodes during the second quarter valued at approximately $43,000. Barclays PLC increased its stake in shares of AudioCodes by 3,621.4% during the fourth quarter. Barclays PLC now owns 7,294 shares of the communications equipment provider's stock valued at $64,000 after acquiring an additional 7,098 shares during the period. Jump Financial LLC acquired a new position in shares of AudioCodes during the second quarter valued at approximately $127,000. NewEdge Advisors LLC acquired a new position in shares of AudioCodes during the fourth quarter valued at approximately $150,000. Finally, SIH Partners LLLP acquired a new position in shares of AudioCodes during the third quarter valued at approximately $170,000. Institutional investors and hedge funds own 68.05% of the company's stock.
AudioCodes Company Profile
(
Get Free Report)
AudioCodes Ltd is a global provider of advanced voice networking and media processing solutions for enterprises and service providers. The company designs and manufactures a comprehensive portfolio of products, including session border controllers (SBCs), media gateways, IP phones, management and monitoring software, and cloud-based communications microservices. Its offerings support a wide range of unified communications (UC) and contact center deployments, enabling secure, high-quality voice connectivity across on-premises, hybrid and cloud environments.
Founded in 1993 and headquartered in Rosh Ha'Ayin, Israel, AudioCodes serves customers in North America, Europe, Asia-Pacific and Latin America.
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