Stock of the Day

July 16, 2021

ExlService (EXLS)

$38.08
-$0.32 (-0.8%)
Market Cap: $5.82B

About ExlService

ExlService Holdings, Inc. operates as a data analytics, and digital operations and solutions company in the United States and internationally. The company operates through Insurance, Healthcare, Analytics, and Emerging Business segments. It also provides digital operations and solutions and analytics-driven services, 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. In addition, the company offers health care services related to care management, utilization management, disease management, payment integrity, revenue optimization, and customer engagement. Further, it provides financial planning and analysis, management reporting, forecasting and decision support, data management, regulatory reporting and risk, and compliance services; reservations, customer, and fulfilment services; freight billing, collections, claims management, freight audit, freight scheduling, supply chain management, and revenue assurance services; residential mortgage lending, title verification and validation, retail banking and credit cards, trust verification, commercial banking, and investment management; merchandising, pricing, and demand forecasting; and digital operations and solutions. The company offers predictive and prescriptive analytics in the areas of customer acquisition and lifecycle management. ExlService Holdings, Inc. was founded in 1999 and is headquartered in New York, New York.

Today's Trend

ExlService Holdings, Inc. (NASDAQ: EXLS) received a strong fundamental boost from its second-quarter results, upgraded outlook and planned acquisition of iMerit. However, the stock’s sharp recent rally may be prompting profit-taking, while broader market weakness and elevated valuation could be weighing on shares.

  • Raised 2026 outlook: ExlService projects 2026 revenue of approximately $2.39 billion to $2.415 billion, reflecting confidence in continued demand and the expected contribution from iMerit. Management also raised its earnings outlook. ExlService projects 2026 revenue of $2.39B-$2.415B following iMerit deal and raised EPS outlook
  • Solid second-quarter performance: Revenue reached about $594.8 million, up from the prior year, and results were characterized as strong enough to support an optimistic outlook for the remainder of 2026. The earnings presentation and call highlighted the company’s growth trajectory and operating momentum. ExlService Holdings 2026 Q2 Results Earnings Call Presentation
  • Analyst support increased: Needham raised its price target from $40 to $45 and maintained a Buy rating, implying further upside based on the cited $34.36 reference price. Growth-focused coverage also points to ExlService’s revenue, earnings and industry positioning as potential market-beating attributes. Needham raises ExlService price target
  • iMerit deal expands capabilities: The acquisition is expected to strengthen ExlService’s data and artificial-intelligence services, while adding to its growth opportunity and supporting the higher revenue forecast. Investors have responded favorably to the combination of the deal and improved guidance. Is ExlService Holdings Undervalued Following Strong Results, Higher Guidance, And The iMerit Deal?
  • EXLS had already surged 17.88% in the prior session and extended a five-day winning streak, increasing the likelihood of short-term profit-taking even though the fundamental news remains favorable. ExlService Soars 17.88%, Wins Hedge Fund Confidence
  • A broader market sell-off, including pressure on technology and growth stocks amid an oil-price surge and U.S.-Iran tensions ahead of the Federal Reserve decision, created an unfavorable backdrop for equities. Oil Spikes, Nasdaq 100 Sinks Before Fed
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