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.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen downgraded shares of AudioCodes from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold”.
Check Out Our Latest Report on AUDC
AudioCodes Trading Down 0.3%
AudioCodes (NASDAQ:AUDC – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The communications equipment provider reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). AudioCodes had a return on equity of 6.33% and a net margin of 2.79%.The company had revenue of $62.14 million for the quarter, compared to analyst estimates of $61.50 million.
Institutional Investors Weigh In On AudioCodes
A number of large investors have recently added to or reduced their stakes in AUDC. Bank of America Corp DE lifted its holdings in AudioCodes by 186.0% in the 3rd quarter. Bank of America Corp DE now owns 57,727 shares of the communications equipment provider’s stock valued at $550,000 after purchasing an additional 37,542 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of AudioCodes by 38.3% in the second quarter. JPMorgan Chase & Co. now owns 39,306 shares of the communications equipment provider’s stock valued at $386,000 after purchasing an additional 10,877 shares during the period. Jump Financial LLC lifted its holdings in shares of AudioCodes by 24.0% during the 4th quarter. Jump Financial LLC now owns 34,955 shares of the communications equipment provider’s stock worth $305,000 after acquiring an additional 6,755 shares during the period. Engineers Gate Manager LP lifted its holdings in shares of AudioCodes by 29.4% during the 4th quarter. Engineers Gate Manager LP now owns 26,871 shares of the communications equipment provider’s stock worth $235,000 after acquiring an additional 6,098 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in shares of AudioCodes during the 4th quarter worth about $229,000. 68.05% of the stock is owned by institutional investors and hedge funds.
AudioCodes Company Profile
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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