AudioCodes (AUDC)

• Market cap: $302M
• 1 day: 2.56%
• 5 days: 0.68%
• 1 month: -11.23%
• 3 months: 12.88%
• 6 months: 8.31%
• Year to date: 4.93%
• 1 year: -18.96%
• 5 years: -36.32%
• 10 years: 104.51%
• Sector: Communication Services
• Industry: Telephone & Telegraph Apparatus

About: AudioCodes Ltd develops and sells advanced and converged voice over IP and data networking solutions, products and applications to service providers and channels, OEMs, network equipment providers and system integrators. Its products include IP phones, session border controllers, voice applications, multi-service business routers, digital and analog media gateways, among others. The company generates revenues from the sale of products through a direct sales force and sales representatives. Its geographic segments are Israel, Americas, Europe, and the Far East. It derives a majority of the revenues from Americas segment.

Employees: 950

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

8% more capital invested

Capital invested by funds: $115M [Q3] → $124M (+$9.05M) [Q4]

2.94% more ownership

Funds ownership: 39.18% [Q3] → 42.12% (+2.94%) [Q4]

10% less funds holding

Funds holding: 68 [Q3] → 61 (-7) [Q4]

43% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 14

54% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 28

88% less call options, than puts

Call options by funds: $27K | Put options by funds: $226K

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $10 4% downside
• Avg. target: $11.25 8% upside
• High target: $12.50 20% upside

2 analyst ratings

• positive: 1 50%
• neutral: 0 0%
• negative: 1 50%

Barclays Ryan Macwilliams 26% 1-year accuracy 6 / 23 met price target	4% downside $10	Underweight Maintained	5 Feb 2025
Needham Ryan Koontz 34% 1-year accuracy 36 / 106 met price target	20% upside $12.50	Buy Maintained	5 Feb 2025