AudioCodes (NASDAQ:AUDC) Releases 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 Down 2.2%

Shares of NASDAQ AUDC traded down $0.19 during trading on Thursday, reaching $8.35. The company had a trading volume of 171,596 shares, compared to its average volume of 134,136. The company’s fifty day moving average price is $8.48 and its 200-day moving average price is $8.59. AudioCodes has a 12 month low of $6.95 and a 12 month high of $11.50. The stock has a market cap of $226.19 million, a P/E ratio of 33.40 and a beta of 0.95.

AudioCodes (NASDAQ:AUDC) last released its quarterly earnings results on Tuesday, May 5th. The communications equipment provider reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). AudioCodes had a net margin of 2.79% and a return on equity of 6.12%. The company had revenue of $62.14 million during the quarter, compared to the consensus estimate of $61.50 million.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered AudioCodes from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 7th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

Institutional Investors Weigh In On AudioCodes

Several institutional investors and hedge funds have recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership boosted its position in shares of AudioCodes by 9.4% during the 3rd 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 in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of AudioCodes by 16.4% during the 4th 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 in the last quarter. Millennium Management LLC boosted its position in shares of AudioCodes by 101.6% during the 4th 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 in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of AudioCodes by 4.0% during the 4th 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 in the last quarter. Finally, ARK Investment Management LLC boosted its holdings 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 worth $1,938,000 after acquiring an additional 41,802 shares in the last quarter. Institutional investors own 68.05% of the company’s stock.

About AudioCodes

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.