Argus raises target to USD 41.00 for ExlService stock
Published on 10/20/2026 at 21:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Second-quarter 2026 revenue reached USD 594.76 million, up 15.60 percent year over year.
- ExlService is scheduled to report third-quarter 2026 results after the market close on October 27, 2026.
- ExlService stock costs EUR 36.24 at Lang & Schwarz on October 20, 2026 at 9:09 p.m. CEST, while Nasdaq showed USD 40.72.
ExlService Holdings, Inc. (US3020811044) is the subject of a new Argus target of USD 41.00, dated October 14, 2026, according to Yahoo Finance. The company is heading into its third-quarter reporting date with revenue growth from the second quarter as the main operating reference. ExlService was trading at EUR 36.24 at Lang & Schwarz on October 20, 2026 at 9:09 p.m. CEST.
Revenue growth sets the baseline
ExlService reported USD 594.76 million of revenue in the second quarter of 2026, an increase of 15.60 percent from the prior-year quarter. Operating profit was USD 87.30 million and net income attributable to common shareholders was USD 64.51 million in the same period. These figures place the upcoming report against a recent quarter with double-digit sales growth and a 15.00 percent operating margin.
The company also guides to adjusted earnings per share of USD 2.25 to USD 2.29 for fiscal year 2026. The prior quarter produced adjusted earnings per share of USD 0.59 against a consensus estimate of USD 0.55, while revenue exceeded the USD 573.94 million estimate, according to MarketBeat.
Nasdaq valuation remains measurable
On October 20, 2026 at 3:12 p.m. ET, EXLS was trading at USD 40.72 on the Nasdaq. Its market capitalization was USD 6.2 billion, its price-to-earnings ratio was 25.62, and its 52-week range was USD 24.85 to USD 43.88. The current quote therefore sat USD 3.16 below the 52-week high, a 7.20 percent gap calculated from the same currency and range.
What comes next for the report?
ExlService's investor-relations page lists the third-quarter 2026 earnings conference call for October 28, 2026 at 10:00 a.m. ET and identifies October 27 as the reporting date. The schedule gives investors two separate dates to distinguish: the results release after the market close and the following morning's conference call. The company reported fiscal 2025 revenue of USD 2.09 billion and an adjusted operating margin of 19.50 percent, according to its investor-relations page.
How the target compares
Argus's USD 41.00 target is USD 0.28 above the Nasdaq price of USD 40.72 on October 20, 2026, equal to 0.69 percent upside. The target is therefore more restrained than the broader analyst consensus of USD 44.50 reported by MarketBeat, while the upcoming results remain the next scheduled operating test.
Stock price and investor dates
For investors in Germany, ExlService was trading at EUR 36.24 at Lang & Schwarz on October 20, 2026 at 9:09 p.m. CEST. The Nasdaq quote was USD 40.72 at 3:12 p.m. ET on the same date, keeping the euro indication and the home-market quote clearly separated. The further course of trading is shown by the continuously updated real-time quote of ExlService stock.
ExlService stock at a glance
- Company: ExlService Holdings, Inc.
- ISIN: US3020811044
- Ticker: EXLS
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 9:09 p.m. CEST): EUR 36.24
- Market capitalization: USD 6.2 billion (as of October 20, 2026)
- 52-week range: USD 24.85-43.88 (as of October 20, 2026)
- Sector / Industry: Technology / Information Technology Services
- Next earnings date: October 27, 2026
Market context: Market report Nasdaq Composite.
