Zacks Research Lowers Earnings Forecast for Amdocs

Analysts cite expected near-term softness in Q2 2026 earnings

Published on Feb. 27, 2026

Equities researchers at Zacks Research have lowered their Q2 2026 earnings per share estimate for Amdocs, a global software and services provider specializing in solutions for communications, media and entertainment companies. The firm now forecasts that Amdocs will post earnings per share of $1.50 for the quarter, down from their prior estimate of $1.60.

Why it matters

Zacks' downward revision of Amdocs' Q2 2026 earnings forecast may reflect expected near-term softness or timing of revenue recognition, which could potentially cap upside for the stock until that quarter passes. However, the firm also raised several other quarterly and full-year EPS estimates for Amdocs, signaling improving longer-term visibility for the company's revenue and profitability trajectory.

The details

In a report released on Tuesday, February 24th, Zacks Research analyst Team lowered their Q2 2026 earnings per share estimate for Amdocs from $1.60 to $1.50. The consensus estimate for Amdocs' current full-year earnings is $6.21 per share. Zacks Research also issued upward revisions to several other quarterly and full-year EPS estimates, including FY2027 to $7.04 (from $6.92) and FY2026 to $6.56 (from $6.48).

  • Zacks Research released the report on Tuesday, February 24th.

The players

Zacks Research

An equities research firm that provides investment research and analysis.

Amdocs Limited

A global software and services provider specializing in solutions for communications, media and entertainment companies.

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What they’re saying

“Zacks Research analyst Team now forecasts that the technology company will post earnings per share of $1.50 for the quarter, down from their prior estimate of $1.60.”

— Zacks Research analyst Team

The takeaway

Zacks Research's downward revision of Amdocs' Q2 2026 earnings forecast could signal near-term headwinds, but the firm's overall upward revisions to other quarterly and full-year estimates suggest improving longer-term visibility for the company's financial performance.