Ibex

IBEX · NASDAQ

$47.23+$0.29 (+0.62%)TodayMarket closed · Oct 23, 7:30 PM ET

Prev close $46.94

IBEX analyst rating

HoldConsensus of 2 analysts over the last 12 months. 0% rate it a buy.

Strong buy0
Buy0
Hold2
Underperform0
Sell0

12-month price target · 4 analysts

Average $42.84 (−9.3% downside)

Low: $40.40
Now: $47.23
High: $46.20

Upgrades and downgrades

The latest rating actions, newest first

IBEX analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Baird	Sep 28, 2026	Maintains	Neutral	$40.00 → $44.00	66%
Baird	Sep 11, 2026	Maintains	Neutral	$35.00 → $40.00	66%
RBC Capital	Nov 10, 2025	Maintains	Sector Perform	$39.00 → $40.00	65%

The case for and against

Updated Feb 9, 2026

Bull case

IBEX Ltd reported a remarkable revenue growth acceleration of 18.2%, the highest achieved in the last 11 quarters, driven by increased share with existing clients and the acquisition of new clients. The company demonstrated a favorable shift towards digital and omni-channel delivery, which grew by 24.7% and now constitutes 82% of total revenue, highlighting its commitment to innovative service offerings. Moreover, IBEX's strategic shift from proof-of-concept to full-scale implementations of Generative AI solutions positions it well for future growth, underscoring the potential for increased financial performance amidst evolving macroeconomic conditions.

Bear case

IBEX Ltd has experienced notable declines in revenue across key segments, with telecommunications revenue dropping to 10.9% of total revenue from 14.5% and technology revenue falling to 7.4% from 13.7% year-over-year. Additionally, the FinTech vertical has also shown a year-over-year decline, contributing only 10.6% to total revenue. The company faces significant external risks associated with political and social unrest, as well as natural disasters, which may further pressure its financial results moving forward.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.