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Technology - Information Technology Services - NASDAQ - US
$ 47.62
0.363 %
$ 7.75 B
Market Cap
35.64
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one EXLS stock under the worst case scenario is HIDDEN Compared to the current market price of 47.6 USD, ExlService Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one EXLS stock under the base case scenario is HIDDEN Compared to the current market price of 47.6 USD, ExlService Holdings, Inc. is HIDDEN

This DCF valuation model was last updated on Jun, 6, 2025.

The intrinsic value of one EXLS stock under the best case scenario is HIDDEN Compared to the current market price of 47.6 USD, ExlService Holdings, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart EXLS

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$52.0$52.0$51.0$51.0$50.0$50.0$49.0$49.0$48.0$48.0$47.0$47.0$46.0$46.0$45.0$45.0$44.0$44.0$43.0$43.0$42.0$42.0$41.0$41.015 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '25
FINANCIALS
1.84 B REVENUE
12.74%
264 M OPERATING INCOME
10.41%
198 M NET INCOME
7.44%
269 M OPERATING CASH FLOW
27.14%
-119 M INVESTING CASH FLOW
-892.74%
-119 M FINANCING CASH FLOW
34.36%
501 M REVENUE
4.07%
78.4 M OPERATING INCOME
10.07%
66.6 M NET INCOME
31.36%
3.24 M OPERATING CASH FLOW
-96.92%
-22.3 M INVESTING CASH FLOW
9.57%
3.4 M FINANCING CASH FLOW
105.09%
Balance Sheet ExlService Holdings, Inc.
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Current Assets 795 M
Cash & Short-Term Investments 341 M
Receivables 360 M
Other Current Assets 94.8 M
Non-Current Assets 823 M
Long-Term Investments 14 M
PP&E 171 M
Other Non-Current Assets 639 M
21.04 %22.23 %5.86 %10.54 %39.46 %Total Assets$1.6b
Current Liabilities 290 M
Accounts Payable 5.88 M
Short-Term Debt 4.89 M
Other Current Liabilities 279 M
Non-Current Liabilities 398 M
Long-Term Debt 343 M
Other Non-Current Liabilities 55 M
40.57 %49.88 %7.98 %Total Liabilities$688.5m
EFFICIENCY
Earnings Waterfall ExlService Holdings, Inc.
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Revenue 1.84 B
Cost Of Revenue 1.15 B
Gross Profit 691 M
Operating Expenses 427 M
Operating Income 264 M
Other Expenses 65.3 M
Net Income 198 M
2b2b2b2b2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m002b(1b)691m(427m)264m(65m)198mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
37.59% GROSS MARGIN
37.59%
14.34% OPERATING MARGIN
14.34%
10.79% NET MARGIN
10.79%
21.33% ROE
21.33%
12.25% ROA
12.25%
15.01% ROIC
15.01%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis ExlService Holdings, Inc.
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250m250m200m200m150m150m100m100m50m50m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 198 M
Depreciation & Amortization 55.2 M
Capital Expenditures -46.3 M
Stock-Based Compensation 72.7 M
Change in Working Capital -41.2 M
Others -62.9 M
Free Cash Flow 222 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets ExlService Holdings, Inc.
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Wall Street analysts predict an average 1-year price target for EXLS of $39 , with forecasts ranging from a low of $25 to a high of $50 .
EXLS Lowest Price Target Wall Street Target
25 USD -47.50%
EXLS Average Price Target Wall Street Target
39 USD -18.10%
EXLS Highest Price Target Wall Street Target
50 USD 5.00%
Price
Max Price Target
Min Price Target
Average Price Target
5555505045454040353530302525Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership ExlService Holdings, Inc.
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Sold
0-3 MONTHS
1.85 M USD 2
3-6 MONTHS
2.78 M USD 3
6-9 MONTHS
41.2 M USD 3
9-12 MONTHS
9.66 M USD 6
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
EXL achieves the AWS Generative AI Competency EXL expands its digital reach with five innovative solutions now available in AWS Marketplace, empowering business to unlock faster, smarter, data and AI-driven transformation EXL expands its digital reach with five innovative solutions now available in AWS Marketplace, empowering business to unlock faster, smarter, data and AI-driven transformation globenewswire.com - 1 week ago
EXL partners with Databricks to launch Gen-AI powered code migration accelerator EXL Code Harbor™ solution speeds code migration from SAS to Databricks with up to 80% reduction in manual effort EXL Code Harbor™ solution speeds code migration from SAS to Databricks with up to 80% reduction in manual effort globenewswire.com - 2 weeks ago
UK businesses race to embed AI into enterprise workflows, EXL study finds Three-quarters of companies believe they have an edge on their competition, but many worry siloed data and talent shortages could impede their AI progress Three-quarters of companies believe they have an edge on their competition, but many worry siloed data and talent shortages could impede their AI progress globenewswire.com - 2 weeks ago
EXL named Microsoft Solutions Partner for Data and AI Designation underscores EXL's digital innovation and proven success delivering data and AI solutions for global clients Designation underscores EXL's digital innovation and proven success delivering data and AI solutions for global clients globenewswire.com - 3 weeks ago
Organizations race to embed AI into enterprise workflows, EXL study finds Three-quarters of companies believe they have an edge on their competition, but many worry siloed data and talent shortages could impede their AI progress Three-quarters of companies believe they have an edge on their competition, but many worry siloed data and talent shortages could impede their AI progress globenewswire.com - 3 weeks ago
EXL named a Leader in 2025 Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, has been named a Leader in the 2025 Gartner Magic Quadrant for Finance and Accounting (F&A) Business Process Outsourcing (BPO). globenewswire.com - 1 month ago
EXL to participate in upcoming investor conferences NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- ExlService Holdings, Inc. (NASDAQ: EXLS), a leading data and AI company, today announced Maurizio Nicolelli, executive vice president, chief financial officer, and John Kristoff, vice president, head investor relations, are expected to participate at the following investor conferences: globenewswire.com - 1 month ago
Life Science Analytics Market worth $68.81 billion by 2030 11.4% CAGR | MarketsandMarkets™ DELRAY BEACH, Fla., May 2, 2025 /PRNewswire/ -- The global Life Science Analytics Market , valued at US$35.69 billion in 2024, is forecasted to grow at a robust CAGR of 11.4%, reaching US$40.03 billion in 2025 and an impressive US$68.81 billion by 2030. The standardization of diverse datasets from sources such as clinical trials, electronic health records (EHRs), genomics, and real-world evidence is essential for the efficient exchange of information across various platforms and geographical regions. This standardization enhances multi-site clinical trials and cross-border research collaborations. Additionally, emerging technologies like artificial intelligence (AI), quantum computing, and cognitive computing play a vital role in transforming large volumes of raw data into actionable insights. These technologies help simplify reports and create interactive dashboards. Furthermore, the increasing adoption of analytics in pre-clinical trials, drug discovery, and clinical trials, particularly for applications such as patient recruitment and site identification, helps to reduce the workload for researchers and investigators. These factors contribute significantly to the growing adoption of analytics across the life sciences industry. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=174990653 Browse in-depth TOC on "Life Science Analytics Market" 100 - Tables50 - Figures500 - Pages By Based on type, the life science analytics services market is categorized into two main types: managed services and professional services. In 2024, the managed services segment held the largest share of the life science analytics market. This significant share is largely due to the increasing demand for advanced insights, the need for cost-effective drug development, technological advancements in the industry, and the necessity for ongoing support in strategic decision-making. These factors make outsourcing analytics and consulting more attractive for life science companies. Leading companies in the field offer consulting services that leverage data and analytics to evaluate opportunities, design analytics strategies, and implement appropriate technology solutions. For instance, in May 2023, SAS Institute (US) partnered with HTEC (US) to deliver strategic analytics consulting services across various sectors, including life sciences and healthcare. By Based on applications, The life science analytics market is divided into several applications, including research & development, commercial analytics, regulatory compliance, manufacturing and supply chain optimization, and safety. In 2024, the research & development segment held the largest share of this market. This significant share is mainly due to its capacity to accelerate drug discovery, optimize clinical trials, and improve research accuracy through advanced data analysis and AI-driven insights. Additionally, factors such as increasing R&D expenditure in the pharmaceutical and biopharmaceutical sectors, a rise in patent expirations and declining drug pipelines, and a growing focus on personalized medicine and precision therapeutics are further driving growth in this segment. By geography, the life science analytics market is divided into five primary regions: North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is expected to experience significant growth, with a noticeable annual growth rate during the forecast period. Key factors driving the expansion of life science analytics solutions in this region include a gradual shift towards adopting advanced technologies such as automation, artificial intelligence (AI), and machine learning (ML). Additionally, rising investments are attracting new market players, and the presence of leading educational institutions and research centers in Asia Pacific is fostering scientific innovation and technological advancement. Furthermore, increased direct investments from pharmaceutical and biotechnology companies in Europe and North America are anticipated to boost the adoption of life science analytics solutions in Asia. Request Sample Pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=174990653 Oracle (US), Merative (formerly IBM) (US), SAS Institute (US), Accenture (Ireland), IQVIA (US), Cognizant (US), Wipro (India), Veradigm (US), Optum (US), Microsoft (US), MaxisIT (US), ExlService Holdings (US), Inovalon (US), CitiusTech (US), Saama (US), Axtria (US), Clarivate (UK), ThoughtSphere (US), ThoughtSpot (US), Salesforce (US), Google LLC (US), Amazon Web Services, Inc. (US), Veeva Systems (US), Elsevier (Netherlands), and Komodo Health, Inc. (US) are the major players in this market. These companies mainly focus on strategies such as acquisitions, collaborations, partnerships, expansion, and product launches and updates to remain competitive and further increase their share in the market. ORACLE (US): Oracle (US) is a leading company in life science analytics worldwide. The company offers analytics software and services for various applications, including research & development, commercialization, and more. Oracle is committed to continuously updating its products to meet customer expectations. Additionally, the company invests in expanding its solutions through partnerships and collaborations, ensuring tailored solutions for its users. In March 2025, Oracle partnered with Huntsville Hospital Health System (US) to standardize its Oracle Health Foundation electronic health record system across all facilities. This collaboration aims to provide consistent, high-quality care and a unified experience for both patients and providers as they move between different locations. With a broad customer base and a significant geographic presence, Oracle is a critical player in various IT software, hardware, and service markets, including life science analytics. MERATIVE (US): Merative (US) is another leading player in the life science analytics market. The company offers a comprehensive suite of informatics products and services tailored for life science analytics. By leveraging advanced technologies such as AI and ML, Merative enhances the accuracy and efficiency of evidence analysis. Its strong brand recognition and extensive product portfolio have significantly contributed to its success. Merative serves various sectors, including life science systems, clinical trial sponsors, and the medical device manufacturing industry. Additionally, the company has established offices across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. SAS INSTITUTE INC. (US) SAS Institute Inc. (US) is a company that specializes in analytics software and services. It offers a wide range of solutions, including advanced analytics, business intelligence, cloud analytics, customer intelligence, data operations, data management, decision management, fraud and security intelligence, in-memory analytics, performance management, risk management, and supply chain management. These solutions enable organizations to access, manage, analyze, and report on data to support informed decision-making. SAS Institute serves various industries, including communications, education, financial services, government, health insurance, healthcare, hospitality, insurance, life sciences, manufacturing, media, oil and gas, retail, travel and transportation, and utilities. Through its Life Sciences industry segment, the company also provides specialized analytics solutions for the life sciences sector. By leveraging AI and analytics driven by fast and relevant data, SAS aims to propel innovation in health and life sciences. The company supports customers in 146 countries across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. More than 82,000 business, government, and university sites utilize SAS OnDemand for Academics. For more information, Inquire Now! Related Reports: Healthcare Analytics Market Healthcare BPO Market Healthcare IT Market Artificial Intelligence (AI) in Healthcare Market Healthcare Data Monetization Market Get access to the latest updates on Life Science Analytics Companies and Life Science Analytics Market Size About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress Ave.Suite 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: [email protected]Visit Our Website: https://www.marketsandmarkets.com/ Logo: https://mma.prnewswire.com/media/1868219/MarketsandMarkets_Logo.jpg https://www.prnewswire.com - 1 month ago
ExlService Holdings, Inc. (EXLS) Q1 2025 Earnings Call Transcript ExlService Holdings, Inc. (NASDAQ:EXLS ) Q1 2025 Earnings Conference Call April 30, 2025 10:00 AM ET Company Participants John Kristoff - VP-IR Rohit Kapoor - Chairman and CEO Maurizio Nicolelli - CFO Conference Call Participants Bryan Bergin - TD Cowen Surinder Thind - Jefferies LLC Puneet Jain - JPMorgan Maggie Nolan - William Blair David Koning - Robert W. Baird Vincent Colicchio - Barrington Research Associates David Grossman - Stifel Europe Operator Hello, and welcome to the ExlService Holdings, Inc. Q1 2025 Earnings Call. seekingalpha.com - 1 month ago
ExlService Holdings (EXLS) Beats Q1 Earnings and Revenue Estimates ExlService Holdings (EXLS) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.38 per share a year ago. zacks.com - 1 month ago
EXL Reports 2025 First Quarter Results 2025 First Quarter Revenue of $501.0 Million , up 14.8% year-over-year Q1 Diluted EPS (GAAP) (1) of $0.40 , up 38.3% from $0.29 in Q1 of 2024 Q1 Adjusted Diluted EPS (Non-GAAP) (1) of $0.48 , up 26.9% from $0.38 in Q1 of 2024 globenewswire.com - 1 month ago
BBSI or EXLS: Which Is the Better Value Stock Right Now? Investors interested in stocks from the Outsourcing sector have probably already heard of Barrett Business Services (BBSI) and ExlService Holdings (EXLS). But which of these two companies is the best option for those looking for undervalued stocks? zacks.com - 1 month ago
8. Profile Summary

ExlService Holdings, Inc. EXLS

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COUNTRY US
INDUSTRY Information Technology Services
MARKET CAP $ 7.75 B
Dividend Yield 0.00%
Description ExlService Holdings, Inc. operates as a data analytics, and digital operations and solutions company in the United States and internationally. It operates through Insurance, Healthcare, Analytics, and Emerging Business segments. The company provides digital operations and solutions and analytics-driven services across the insurance industry in areas, such as claims processing, premium and benefit administration, agency management, account reconciliation, policy research, underwriting support, new business acquisition, policy servicing, premium audit, surveys, billing and collection, commercial and residential survey, and customer service using digital technology, artificial intelligence, machine learning, and advanced automation; digital customer acquisition services using a software-as-a-service delivery model through LifePRO and LISS platforms; subrogation services; and Subrosource software platform, an end-to-end subrogation platform. It also offers CareRadius, an integrated care management offering; and health care services related to care management, utilization management, disease management, payment integrity, revenue optimization and customer engagement to healthcare payers, providers, pharmacy benefit managers, and life sciences organizations. Further, it offers predictive and prescriptive analytics in the areas of customer acquisition and lifecycle management, risk underwriting and pricing, operational effectiveness, credit and operational risk monitoring and governance, payment integrity and care management, and data management. The company was founded in 1999 and is headquartered in New York, New York.
Contact 320 Park Avenue, New York City, NY, 10022 https://www.exlservice.com
IPO Date Oct. 20, 2006
Employees 59500
Officers Mr. Ajay Ayyappan J.D. Executive Vice President, General Counsel & Corporate Secretary Mr. Joel Katz Senior Vice President and Chief Compliance & Ethics Officer Mr. Maurizio Nicolelli CPA Executive Vice President & Chief Financial Officer Mr. Vikas Bhalla President and Head of AI Services & Operations Mr. Rohit Kapoor Co-Founder, Chairman & Chief Executive Officer Mr. John D. Kristoff Vice President of Investor Relations Mr. Vivek Jetley President and Head of Insurance, Healthcare & Life Sciences Mr. Vishal Chhibbar CPA Executive Vice President of International Growth Markets & Chief Growth Officer Ms. Bhavna Newle Chopra Senior Vice President in Operations Management Mr. Baljinder Singh Executive Vice President, Global Chief Information Officer & Head of Enterprise Digital Transformation