Wall Street analyst estimates for ExlService Holdings, Inc. (EXLS): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
ExlService Holdings, Inc. functions as a global provider of data analytics, digital operational solutions, and comprehensive services, operating across the United States and internationally. The company organizes its operations into distinct segments: Insurance, Healthcare, Analytics, and Emerging Business. For the insurance sector, EXL delivers a suite of digital transformation and analytics-driven services.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2026E | $2.4B | $2.4B – $2.4B | $2.29 | 7 |
| 2027E | $2.7B | $2.6B – $2.7B | $2.60 | 7 |
Figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 15 |
| Hold | 3 |
| Sell | 1 |
| Strong Sell | 0 |
| Total analysts | 19 |
| Avg rating (−2 sell to +2 buy) | 0.74 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-02-23 | $0.57 | ||
| 2026-10-27 | $0.62 | $0.56 | +11.1% |
| 2026-07-28 | $0.59 | $0.55 | +7.7% |
| 2026-04-28 | $0.58 | $0.53 | +9.4% |
| 2026-02-24 | $0.50 | $0.46 | +8.7% |
| 2025-10-28 | $0.48 | $0.47 | +3.2% |
| 2025-07-29 | $0.49 | $0.45 | +8.9% |
| 2025-04-29 | $0.48 | $0.45 | +6.7% |
Valuation Ratios
| P/E Ratio | 25.74 |
| Price / Book | 6.73 |
| EV / EBITDA | 15.16 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $686.0M | $762.3M | $883.1M | $991.3M | $958.4M | $1.12B | $1.41B | $1.63B | $1.84B | $2.09B |
| Cost of Revenue | $448.0M | $495.6M | $584.9M | $655.5M | $623.9M | $690.9M | $896.6M | $1.02B | $1.15B | $1.29B |
| Gross Profit | $238.0M | $266.7M | $298.3M | $335.9M | $334.5M | $431.4M | $515.4M | $607.8M | $691.0M | $801.1M |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $139.2M | $155.9M | $179.8M | $198.8M | $174.0M | $226.3M | $267.0M | $318.5M | $372.2M | $428.2M |
| Operating Expenses | $173.8M | $194.4M | $248.4M | $259.4M | $224.5M | $275.5M | $323.3M | $369.0M | $427.4M | $487.3M |
| Operating Income | $64.5M | $72.7M | $49.8M | $76.5M | $110.0M | $155.9M | $192.2M | $238.8M | $263.6M | $313.8M |
| EBITDA | $119.8M | $125.9M | $116.3M | $176.2M | $204.2M | $229.6M | $276.2M | $321.6M | $335.8M | $391.9M |
| Interest Expense | $1.3M | $1.9M | $7.2M | $13.6M | $11.2M | $7.6M | $8.3M | $13.2M | $19.3M | $17.6M |
| Pre-tax Income | $83.9M | $85.0M | $60.1M | $82.8M | $115.1M | $146.6M | $190.5M | $238.1M | $261.2M | $315.1M |
| Income Tax | $22.2M | $36.1M | $3.4M | $15.2M | $25.6M | $31.9M | $47.6M | $53.5M | $62.9M | $63.7M |
| Net Income | $61.7M | $48.9M | $56.7M | $67.7M | $89.5M | $114.8M | $143.0M | $184.6M | $198.3M | $251.0M |
| EPS | $0.37 | $0.29 | $0.33 | $0.39 | $0.52 | $0.68 | $0.86 | $1.11 | $1.22 | $1.56 |
| EPS (Diluted) | $0.36 | $0.28 | $0.32 | $0.39 | $0.52 | $0.67 | $0.85 | $1.10 | $1.21 | $1.54 |
| Shares Outstanding (Diluted) | 172.8 M | 175.9 M | 175.2 M | 173.7 M | 172.8 M | 171.2 M | 169.2 M | 168.2 M | 164.3 M | 162.5 M |
Price
| Price | $40.93 (closing price, October 29, 2026) |
| Market Cap | $6.2B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Technology · Information Technology Services
More sections of EXLS: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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