AudioCodes (NASDAQ:AUDC) Updates FY 2026 Earnings Guidance

AudioCodes (NASDAQ:AUDC) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.600-0.750 for the period, compared to the consensus estimate of 0.550. The company issued revenue guidance of $247.0 million-$255.0 million, compared to the consensus revenue estimate of $252.8 million.

AudioCodes Stock Performance

NASDAQ:AUDC traded down $1.17 during trading hours on Tuesday, hitting $7.35. The company’s stock had a trading volume of 313,667 shares, compared to its average volume of 104,994. AudioCodes has a 52-week low of $7.32 and a 52-week high of $12.72. The business’s 50-day moving average is $8.74 and its two-hundred day moving average is $9.29. The company has a market capitalization of $210.80 million, a PE ratio of 15.98 and a beta of 1.07.

AudioCodes (NASDAQ:AUDC) last posted its quarterly earnings results on Tuesday, February 3rd. The communications equipment provider reported $0.16 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.16. The business had revenue of $62.61 million for the quarter, compared to analysts’ expectations of $62.00 million. AudioCodes had a net margin of 5.65% and a return on equity of 9.98%. AudioCodes has set its FY 2026 guidance at 0.600-0.750 EPS. As a group, analysts predict that AudioCodes will post 0.7 EPS for the current fiscal year.

Analysts Set New Price Targets

AUDC has been the topic of a number of research reports. Weiss Ratings restated a “hold (c)” rating on shares of AudioCodes in a report on Monday, December 29th. Wall Street Zen upgraded AudioCodes from a “buy” rating to a “strong-buy” rating in a research report on Saturday, January 17th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.25.

Hedge Funds Weigh In On AudioCodes

Several hedge funds have recently bought and sold shares of the stock. Verition Fund Management LLC purchased a new position in AudioCodes during the third quarter worth about $206,000. Susquehanna Advisors Group Inc. purchased a new stake in AudioCodes in the 3rd quarter valued at about $217,000. SIH Partners LLLP acquired a new position in shares of AudioCodes during the 3rd quarter valued at about $170,000. Millennium Management LLC lifted its holdings in shares of AudioCodes by 182.9% during the 3rd quarter. Millennium Management LLC now owns 141,319 shares of the communications equipment provider’s stock worth $1,345,000 after acquiring an additional 91,361 shares during the period. Finally, Bank of America Corp DE boosted its position in shares of AudioCodes by 186.0% in the third quarter. Bank of America Corp DE now owns 57,727 shares of the communications equipment provider’s stock worth $550,000 after acquiring an additional 37,542 shares during the last quarter. Hedge funds and other institutional investors own 68.05% of the company’s stock.

About AudioCodes

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.