AudioCodes Analysts Boost Their Forecasts Following Better-Than-Expected Earnings

Benzinga

05 Feb

AudioCodes Ltd. (NASDAQ:AUDC) reported better-than-expected fourth-quarter earnings on Tuesday.

The company posted quarterly earnings of 37 cents per share which beat the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $61.554 million which beat the analyst consensus estimate of $61.510 million.

“I am pleased to report solid fourth quarter performance, with healthy growth in key business lines, taking us further on our transformative evolution to a cloud software and services company,” said Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes.

AudioCodes shares gained 5.3% to close at $10.66 on Tuesday.

These analysts made changes to their price targets on AudioCodes following earnings announcement.

Needham analyst Ryan Koontz maintained AudioCodes with a Buy and raised the price target from $11 to $12.5.
Barclays analyst Ryan Macwilliams maintained the stock with an Underweight rating and increased the price target from $9 to $10.

Considering buying AUDC stock? Here’s what analysts think:

Read This Next:

Jim Cramer Says No To BigBear.ai, Recommends Buying This Tech Stock

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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2509288753"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2509288753\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2509288753?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-05 20:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2509288753","market":"us","top_or_hot":-1,"title":"AudioCodes Analysts Boost Their Forecasts Following Better-Than-Expected Earnings","media":"Benzinga","content":"<html><body><p><strong>AudioCodes Ltd</strong>. (NASDAQ:AUDC) reported better-than-expected fourth-quarter earnings on Tuesday.</p>\n<p>The company posted quarterly earnings of 37 cents per share which beat the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $61.554 million which beat the analyst consensus estimate of $61.510 million.</p>\n<p>“I am pleased to report solid fourth quarter performance, with healthy growth in key business lines, taking us further on our transformative evolution to a cloud software and services company,” said Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes.</p>\n<p>AudioCodes shares gained 5.3% to close at $10.66 on Tuesday.</p>\n<p>These analysts made changes to their price targets on AudioCodes following earnings announcement.</p>\n<ul>\n<li>Needham analyst Ryan Koontz maintained AudioCodes with a Buy and raised the price target from $11 to $12.5.</li>\n<li>Barclays analyst Ryan Macwilliams maintained the stock with an Underweight rating and increased the price target from $9 to $10.</li>\n</ul>\n<p><strong>Considering buying AUDC stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"486\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05074824/image-44-1024x486.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05074824/image-44-1024x486.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05074824/image-44-300x142.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05074824/image-44-768x364.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05074824/image-44.png 1121w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Jim Cramer Says No To BigBear.ai, Recommends Buying This Tech Stock</strong></li>\n</ul></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AudioCodes Analysts Boost Their Forecasts Following Better-Than-Expected Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAudioCodes Analysts Boost Their Forecasts Following Better-Than-Expected Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-02-05 20:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>AudioCodes Ltd</strong>. (NASDAQ:AUDC) reported better-than-expected fourth-quarter earnings on Tuesday.</p>\n<p>The company posted quarterly earnings of 37 cents per share which beat the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $61.554 million which beat the analyst consensus estimate of $61.510 million.</p>\n<p>“I am pleased to report solid fourth quarter performance, with healthy growth in key business lines, taking us further on our transformative evolution to a cloud software and services company,” said Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes.</p>\n<p>AudioCodes shares gained 5.3% to close at $10.66 on Tuesday.</p>\n<p>These analysts made changes to their price targets on AudioCodes following earnings announcement.</p>\n<ul>\n<li>Needham analyst Ryan Koontz maintained AudioCodes with a Buy and raised the price target from $11 to $12.5.</li>\n<li>Barclays analyst Ryan Macwilliams maintained the stock with an Underweight rating and increased the price target from $9 to $10.</li>\n</ul>\n<p><strong>Considering buying AUDC stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"486\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05074824/image-44-1024x486.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05074824/image-44-1024x486.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05074824/image-44-300x142.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05074824/image-44-768x364.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05074824/image-44.png 1121w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong>Jim Cramer Says No To BigBear.ai, Recommends Buying This Tech Stock</strong></li>\n</ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AUDC","symbol_name":"奥科","start_time":0,"source_url":"https://www.benzinga.com/25/02/43492150/audiocodes-analysts-boost-their-forecasts-following-better-than-expected-earnings","article_id":"2509288753","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509288753","pubTimestamp":1738759801,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"AUDC":"奥科"},"translate_title":"AudioCodes分析师在盈利好于预期后上调了预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AUDC":1},"content_text":"AudioCodes Ltd. (NASDAQ:AUDC) reported better-than-expected fourth-quarter earnings on Tuesday.\nThe company posted quarterly earnings of 37 cents per share which beat the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $61.554 million which beat the analyst consensus estimate of $61.510 million.\n“I am pleased to report solid fourth quarter performance, with healthy growth in key business lines, taking us further on our transformative evolution to a cloud software and services company,” said Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes.\nAudioCodes shares gained 5.3% to close at $10.66 on Tuesday.\nThese analysts made changes to their price targets on AudioCodes following earnings announcement.\n\nNeedham analyst Ryan Koontz maintained AudioCodes with a Buy and raised the price target from $11 to $12.5.\nBarclays analyst Ryan Macwilliams maintained the stock with an Underweight rating and increased the price target from $9 to $10.\n\nConsidering buying AUDC stock? Here’s what analysts think: \n\nRead This Next: \n\nJim Cramer Says No To BigBear.ai, Recommends Buying This Tech Stock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}