Amdocs (DOX) Stock Forecast & Price Target

$86.92

+2.01 (+2.37%)

(As of 07/26/2024 ET)

Amdocs - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 5 Analyst Ratings

Based on 5 Wall Street analysts who have issued ratings for Amdocs in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for DOX.

Consensus Price Target

$103.80
19.42% Upside

High Forecast	$115.00
Average Forecast	$103.80
Low Forecast	$90.00

According to the 5 analysts' twelve-month price targets for Amdocs, the average price target is $103.80. The highest price target for DOX is $115.00, while the lowest price target for DOX is $90.00. The average price target represents a forecasted upside of 19.42% from the current price of $86.92.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Moderate Buy	Moderate Buy	Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$103.80	$103.80	$108.60	$104.00
Forecasted Upside	19.42% Upside	19.71% Upside	20.61% Upside	14.12% Upside

Get Amdocs Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for DOX and its competitors with MarketBeat's FREE daily newsletter.

Ad Behind the Markets

Rare signal predicts 50% market drop - before election

The market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED will cut rates any day now. But there's one indicator that's flashing a BIG warning sign to investors.

Take these 4 steps to protect your retirement here.

DOX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DOX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Amdocs Stock vs. The Competition

Type	Amdocs	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.80	2.61	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	19.42% Upside	554.01% Upside	9.15% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
5/9/2024	Citigroup 3 of 5 stars	Lower Target	Buy ➝ Buy	$105.00 ➝ $100.00	+23.24%
5/9/2024	Robert W. Baird 2 of 5 stars	Lower Target	Neutral ➝ Neutral	$97.00 ➝ $90.00	+4.76%
2/8/2024	Barclays 2 of 5 stars	Boost Target	Overweight ➝ Overweight	$105.00 ➝ $115.00	+27.86%
12/1/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$105.00	+25.34%
8/3/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$99.00 ➝ $109.00	+17.49%
6/16/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$100.00 ➝ $110.00	+13.78%
5/11/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Reiterates

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:53 AM ET.

DOX Forecast - Frequently Asked Questions

What is Amdocs' forecast for 2024?: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Amdocs is $103.80, with a high forecast of $115.00 and a low forecast of $90.00.
Should I buy or sell Amdocs stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Amdocs in the last year. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DOX shares.
Does Amdocs's stock price have much upside?: According to analysts, Amdocs's stock has a predicted upside of 19.71% based on their 12-month stock forecasts.
What analysts cover Amdocs?: Amdocs has been rated by research analysts at Citigroup, and Robert W. Baird in the past 90 days.
Do Wall Street analysts like Amdocs more than its competitors?: Analysts like Amdocs more than other "computer and technology" companies. The consensus rating score for Amdocs is 2.80 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how DOX compares to other companies.