EXL Service (EXLS)
Industrials · IT Services & Consulting · NASDAQ
EXL Service provides AI-driven data analytics and digital operations solutions to help businesses transform their processes and achieve better outcomes.
What EXL Service does
EXL Service provides data analytics, digital operations, and solutions that leverage artificial intelligence to help organizations improve business outcomes. The company serves clients across various industries, offering services that integrate deep domain expertise with data, technology, and analytics to drive process optimization and digital transformation.
Themes: AI infrastructure, digital transformation, data analytics, business process outsourcing
Fundamentals
- Price$36.87 as of 2026-10-08 close
- Market cap$5.6B as of 2026-04-24 (share count; price 2026-10-08)
- 1-year return-13.2% 2025-10-08 close $42.46 → 2026-10-08 close $36.87
- P/E23.23 as of 2026-10-08
- Net margin+12.0% FY2025, SEC XBRL
- Gross margin+38.4% FY2025, SEC XBRL
- ROE+27.5% FY2025, SEC XBRL
- Debt / equity0.44 as of 2026-09-03
- Revenue growth (YoY)+13.6% as of 2026-09-03
- Revenue CAGR (3y)+13.9% SEC XBRL
- Beta0.59 as of 2026-09-03
- Last reported earnings2026-07-28 SEC EDGAR Form 8-K (Item 2.02)
How EXLS compares in its sector
- price-to-earnings ratiomiddle range 349 covered Industrials peers, as of 2026-10-08
- net profit margintop 25% 417 covered Industrials peers, as of 2026-09-03
- operating marginmiddle range 392 covered Industrials peers, as of 2026-09-03
- gross marginmiddle range 253 covered Industrials peers, as of 2026-09-03
- return on equitytop 25% 432 covered Industrials peers, as of 2026-09-03
- 3-year revenue CAGRtop 25% 428 covered Industrials peers
- free cash flow (absolute dollars, latest fiscal year)middle range 417 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
EXLS is not currently in any published Top 10 list. Its scores are below.
Top 10 score
59.3 #257 of 1,379 scored · #26 of 238 in Industrials
Profitability 72nd (return on equity 27.5%, operating margin 15%) and growth 69th (3-year revenue CAGR 13.9%, revenue growth year over year 13.6%); weakest is capital return (39th, consecutive years of dividend increases 0 years, net share count bought back over the year 1.1).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
How EXL Service looks technically
EXL Service (EXLS) is trading 11.1% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 16 trading days ago — a "golden cross", a bullish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 60, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 4 trading days ago (its momentum flipped positive). It just made a new 20-day high, its first since 2026-09-03, pushing above its recent trading range. It is 16.5% below its highest point of the past year.
Trend
8
| Distance from the 200-day | it is trading 11.1% above its 200-day average, the long-term trend line — a longer-term uptrend | +11.1% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $35.72 | $35.72 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $33.18 | $33.18 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing low 9 calendar days ago — the swings before that are what the structure reading is measured on | 9 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 34.05. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 16 trading days ago — a "golden cross", a bullish long-term signal | 16 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 21 (a reading of 25+ marks a strong trend) | 21.3 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 60, neither overbought (above 70) nor oversold (below 30) | 59.9 |
|---|---|---|
| Position in its 14-day range | it is trading near the top of its 14-day range ($34.05 to $37.39) — its "stochastic" reading is 84 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 84.4 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 4 trading days ago (its momentum flipped positive) | 4 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $44.15 | $44.15 |
|---|---|---|
| From the 52-week high | it is 16.5% below its 52-week high (its highest price of the past year) | -16.5% |
| Above the 52-week low | it is 48.4% above its 52-week low (its lowest price of the past year) | +48.4% |
| Below the 52-week high | it is 16.5% below its highest point of the past year | 16.5% |
| Since a 20-day breakout | it just made a new 20-day high, its first since 2026-09-03, pushing above its recent trading range | 1 session |
| Since a 55-day breakout | it made a new 55-day high about 29 trading days ago | 29 sessions |
| All-time high | its highest closing price on record is $52.43 (set on 2025-02-07) | $52.43 |
| Given back of the 52-week move | over the past year its closes ranged ($25.22 to $43.44), and it has recovered close to two thirds of its fall from last year’s high — 64% of it. Chart-watchers call 61.8%-65% given back the "golden pocket", and this is inside it — for this company that is $36.48 to $37.06. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 63.9% |
| From the all-time high | it is 29.7% below its all-time high | -29.7% |
| Nearest price level | it is trading 0.5% below a resistance level at $37.06 — a price it turned at twice since 2025-10-29, most recently on 2026-09-15. Since 2024-10-08 it has 5 such levels below the current price and 12 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.5% |
| All-time low | its lowest closing price on record is $0.708 (set on 2010-05-06) | $0.708 |
| Above the all-time low | it is 5107.6% above its all-time low | +5,108% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 87% of it) | 13th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.04 between its high and its low — about 2.8% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.04 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $34.09 and $36.80 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $34.09 – $35.45 – $36.80 |
| Typical daily range (% of price) | its price moves about 2.8% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.8% |
| Stretch from the 200-day average | it is trading 3.5 daily ranges above its 200-day average price (11.1% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 3.5 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.23× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
2
| Since a doji | 3 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 3 sessions ago |
|---|---|---|
| Since a hammer | 8 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 8 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-10-08 at essentially the same price it closed at the session before — no meaningful overnight gap | 0.0% |
|---|---|---|
| Open gap | it gapped 2.9% above the previous close 5 sessions ago and has not traded back through the level it left behind at 34.38 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +2.9% |
| Gap filled | a 2.2% gap up opened on 2026-09-14 has been "filled" 14 sessions ago — price traded back through the level the gap left behind, and it took 4 sessions to close | 14 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 2 sessions in a row, a +4.12% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 2 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 2.8 percentage points (the stock gained 3.8% while the market gained 1.0%) | +2.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 30.8 percentage points (the stock gained 34.7% while the market gained 3.8%) | +30.8% |
| vs market, 6 months | over the past 6 months this stock beat the market by 2.0 percentage points (the stock gained 19.4% while the market gained 17.5%) | +2.0% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 28.1 percentage points (the stock lost 13.2% while the market gained 15.0%) | -28.1% |
Signal agreement
2
| Bullish technical signals | 6 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, a fresh 20-day high, MACD momentum is positive, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 6 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: near the top of its 14-day range (overbought) — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 2.6% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is thick, spanning 11.1% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | +2.6% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 16% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $31.84 — a volume-weighted average of daily closes over 189 sessions, not a true tick-by-tick VWAP. | +15.8% |
|---|---|---|
| Vs the average paid since it last reported | the price is 4% above the average price paid since it last reported on 2026-07-28 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $35.55 — a volume-weighted average of daily closes over 52 sessions, not a true tick-by-tick VWAP. | +3.7% |
Price levels it has turned at before
EXLS last closed at $36.87 on 2026-10-08. Since 2024-10-08 it has turned at 5 prices below its last close and 12 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $37.06 | Resistance | 0.5% above the last close | turned there twice · 2025-10-29 to 2026-09-15 |
| $38.25 | Resistance | 3.7% above the last close | turned there three times · 2024-10-29 to 2025-11-18 |
| $34.19 | Support | 7.3% below the last close | turned there twice · 2026-09-11 to 2026-09-29 |
| $39.55 | Resistance | 7.3% above the last close | turned there twice · 2025-04-07 to 2025-10-16 |
| $32.78 | Support | 11.1% below the last close | turned there three times · 2026-03-05 to 2026-05-01 |
| $29.49 | Support | 20.0% below the last close | turned there twice · 2026-03-27 to 2026-04-23 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $34.05.
It is the only labelling that fits these swings, though its proportions are not the textbook ones.
This reading has stood for 3 trading days, since 2026-10-06.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Recent golden cross (50-day crossed above 200-day) · Broke out to a new 20-day high · MACD just crossed bullish (12/26/9) · At the top of its 14-day range (stochastic above 80) · Near the golden pocket (has given back about two thirds of its 52-week move) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.33 mean, 1=Strong Buy…5=Strong Sell) — 8 analysts
- Mean price target$44.63 range $39.00 – $48.00; median $45.00
Analyst estimates, as of 2026-10-08. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for EXLS
- Consensus EPS estimate$0.5585 next reporting period, as of 2026-10-08
- Estimate change, 30 days$0.00 (0.0%) from $0.5585, on 2026-09-03, 35-day window
- Readings revised upward11% of 9 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Risks associated with the development and deployment of artificial intelligence, including generative and agentic AI.","Dependence on a limited number of clients and the potential impact of losing a significant client.","Operational risks related to cybersecurity incidents and data privacy breaches."]
What changed in the latest 10-Q
AI-assisted comparison of EXLS's 10-Q filed 2026-07-28 against the prior one filed 2026-04-28.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-07-28) adds a 'Recent Developments' section noting that on June 22, 2026, the company, through its wholly owned subsidiary Clairvoyant AI, Inc., entered into a securities purchase agreement to acquire 100% of the equity securities of I Merit Inc. (iMerit), a Delaware corporation, for upfront cash consideration of $170 million subject to post-closing adjustments, plus up to an additional $140 million in cash incentives and earnouts over two years contingent on specified milestones.
- Reworded:
- Newer filing (2026-07-28) changes the forward-looking risk factor from 'our ability to successfully consummate or integrate strategic acquisitions including the impact from the impairment of goodwill and other intangible assets, if any' to 'our ability to successfully consummate or integrate announced or future strategic acquisitions, including the impact from the impairment of goodwill and other intangible assets, if any' (older filing dated 2026-04-28 did not include 'announced or future').
- Newer filing (2026-07-28) appears truncated after the Recent Developments section, while the older filing (2026-04-28) contains additional Revenues discussion not present in the newer text provided.
- Notes:
- The newer filing text provided ends mid-sentence after describing iMerit as a leader in AI model training, evaluation and reinforcement learning, so later sections of the newer MD&A (e.g., Revenues) could not be compared.
- Comparison limited to the MD&A sections provided; other parts of the filings were not included.
Risk Factors
- Added:
- In the July 28, 2026 filing, a sentence was added stating: 'On May 13, 2026, upon final settlement of the 2026 ASR Agreement, we received 799,960 additional shares of our common stock based on a daily volume-weighted average price of $30.14 per share during the term of the 2026 ASR Agreement. See Note 19 – Capital Structure to our unaudited consolidated financial statements under Part I, Item 1, "Financial Statements" for further details.'
- In the July 28, 2026 filing, the purchase table reports repurchases for the three months ended June 30, 2026 (April 1-30, May 1-31, June 1-30, 2026), which were not present in the April 28, 2026 filing.
- Removed:
- In the April 28, 2026 filing, a Rule 10b5-1 trading arrangement disclosure for Vikas Bhalla, President and Head of AI Services and Operations, adopted March 4, 2026 with duration to November 24, 2026 for 67,000 shares was present; the July 28, 2026 filing states no director or officer adopted or terminated such arrangements and does not include this table.
- In the April 28, 2026 filing, the purchase table reported repurchases for the three months ended March 31, 2026 (January 1-31, February 1-28, March 1-31, 2026), which were not present in the July 28, 2026 filing.
- In the April 28, 2026 filing, Exhibit 10.1 (Fixed Dollar Accelerated Share Repurchase Agreement, dated March 16, 2026, between ExlService Holdings, Inc. and Morgan Stanley & Co. LLC, incorporated by reference to Exhibit 10.1 of Form 8-K filed on March 18, 2026) was listed in the exhibit index; this exhibit is not listed in the July 28, 2026 filing.
- Reworded:
- In the April 28, 2026 filing, Exhibit 3.1 description states 'Fourth Amended and Restated Certificate of Incorporation of the Company'; in the July 28, 2026 filing, the description adds 'as in effect as of the date hereof'.
- In the April 28, 2026 filing, the Rule 10b5-1 Trading Plans section includes 'except as described below' and a table with footnotes; in the July 28, 2026 filing, the 'except as described below' language and table are removed, leaving only the statement that no director or officer adopted or terminated a trading arrangement.
- Notes:
- The section labeled 'Risk Factors' in both filings contains only a brief statement incorporating risk factors by reference from the Annual Report on Form 10-K, so no substantive risk factor changes can be observed from these texts.
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 4 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-05. The 4 days since 2026-10-05 have not been checked yet.
- Last 30 days · read to 2026-10-050 buys · 1 sell ($389180) — 1 selling insider
- Last 90 days · read to 2026-10-050 buys · 4 sells ($1M) — 2 selling insiders
- Last 180 days · read to 2026-10-050 buys · 7 sells ($2M) — 3 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-10-01. Based on Form 4 filings read through 2026-10-05; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about EXLS's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding EXLS as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 45,393,891
- Reported value $1,173,886,028
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 4 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about EXLS's institutional holders → See what each manager we track holds →
Short interest (FINRA)
EXLS had 9,830,036 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
EXLS had 6.43% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 5.58 days to cover at the same settlement.
- Reported short interest (shares) 9,830,036
- Short interest (% of shares outstanding) 6.43%
- Prior settlement (shares) 10,979,985
- Reported change -10.47%
- Days to cover (reported) 5.58
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Accenture (ACN)
- Genpact (G)
- Infosys (INFY)
- Wipro (WIT)
- Cognizant (CTSH)
- TTEC Holdings (TTEC)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does EXL Service (EXLS) do?
EXL Service provides data analytics, digital operations, and solutions that leverage artificial intelligence to help organizations improve business outcomes. The company serves clients across various industries, offering services that integrate deep domain expertise with data, technology, and analytics to drive process optimization and digital transformation.
What sector is EXL Service (EXLS) in?
EXL Service (EXLS) is classified in the Industrials sector. Its industry is IT Services & Consulting. It trades on NASDAQ.
Who are EXL Service's (EXLS) competitors?
Notable peers of EXL Service (EXLS) include Accenture, Genpact, Infosys, Wipro and Cognizant. This peer set is informational only — not financial advice.
Is EXL Service (EXLS) overbought or oversold right now?
EXL Service (EXLS) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 60, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on EXLS come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.