
AudioCodes (AUDC) Stock Forecast & Price Target
AudioCodes (AUDC) Analyst Ratings
Bulls say
AudioCodes Ltd reported a 0.5% year-over-year increase in revenue, primarily driven by a 3.4% growth in service revenue, which reached $32.6 million, despite a decline in product revenue. The company is poised for growth with its expanding Operator Connect offering, which is expected to gain market share more rapidly than the traditional Direct Routing segment. Additionally, the anticipated margin improvement from the high-growth products within the AudioCodes Live Platform is likely to enhance the overall profitability of the business, contributing to a positive financial outlook.
Bears say
AudioCodes Ltd is experiencing ongoing declines in product revenue projected over the next 24 months, despite anticipated growth in service revenue. The company's adjusted EBITDA decreased year-over-year from $6.7 million to $6.2 million, indicating a margin compression that raises concerns about profitability. Additionally, there is a likelihood of further lowering estimates due to depressed demand for the product portfolio, leading to expectations of multiple contraction.
This aggregate rating is based on analysts' research of AudioCodes and is not a guaranteed prediction by Public.com or investment advice.
AudioCodes (AUDC) Analyst Forecast & Price Prediction
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