AudioCodes (NASDAQ:AUDC) Updates FY 2026 Earnings Guidance

AudioCodes (NASDAQ:AUDC) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.600-0.750 for the period, compared to the consensus earnings per share 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.

AudioCodes Stock Performance

AUDC stock traded up $0.03 during midday trading on Wednesday, hitting $8.54. 115,924 shares of the stock were exchanged, compared to its average volume of 119,843. The stock’s 50-day moving average price is $8.48 and its 200-day moving average price is $8.59. The stock has a market cap of $231.35 million, a price-to-earnings ratio of 34.16 and a beta of 0.95. AudioCodes has a fifty-two week low of $6.95 and a fifty-two week high of $11.50.

AudioCodes (NASDAQ:AUDC) last released 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 6.12% and a net margin of 2.79%.The company had revenue of $62.14 million during the quarter, compared to analyst estimates of $61.50 million.

Analysts Set New Price Targets

Separately, Wall Street Zen cut AudioCodes from a “strong-buy” rating to a “buy” rating in a report on Saturday, February 7th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, AudioCodes currently has an average rating of “Hold” and a consensus target price of $12.50.

Hedge Funds Weigh In On AudioCodes

Several institutional investors have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership increased its stake in AudioCodes by 9.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 620,844 shares of the communications equipment provider’s stock valued at $5,936,000 after purchasing an additional 53,266 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in AudioCodes by 16.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 313,151 shares of the communications equipment provider’s stock valued at $2,734,000 after purchasing an additional 44,073 shares during the last quarter. Millennium Management LLC increased its stake in AudioCodes by 101.6% in the fourth quarter. Millennium Management LLC now owns 284,951 shares of the communications equipment provider’s stock valued at $2,488,000 after purchasing an additional 143,632 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in AudioCodes by 4.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 262,824 shares of the communications equipment provider’s stock valued at $2,295,000 after purchasing an additional 10,056 shares during the last quarter. Finally, ARK Investment Management LLC increased its stake in AudioCodes by 23.2% in the fourth quarter. ARK Investment Management LLC now owns 221,966 shares of the communications equipment provider’s stock valued at $1,938,000 after purchasing an additional 41,802 shares during the last quarter. 68.05% of the stock is currently 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.