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Amdocs faces sharp selloff after cutting guidance amid T-Mobile dispute and revenue drop forecast.

Company Fundamentals
05 Nov 2026, 06:52 WIB
Seeking Alpha
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Bearish
Amdocs faces sharp selloff after cutting guidance amid T-Mobile dispute and revenue drop forecast.

Amdocs Limited is experiencing a significant stock selloff following a sharp downgrade in its financial guidance. The company now expects a 7–11% pro forma revenue decline and an operating margin between 19.2% and 19.8% for fiscal year 2027, with its backlog shrinking nearly 10% to $3.5 billion. The downgrade is largely due to a dispute with T-Mobile, which has damaged Amdocs' reputation for reliability. While excluding T-Mobile, Amdocs' core business shows modest mid-single-digit growth and some recent wins, the risk remains that other major clients might follow T-Mobile's lead. The analyst has moved to a Hold rating, awaiting signs of stabilization or growth in backlog, revenue, and cash flow outside of T-Mobile before considering a more positive outlook.

Amdocs' recent financial downgrade provides context for technology sector activity on Pluang. For readers following US technology stocks, here is Pluang's market snapshot as of Nov 05, 2026 08:41 WIB: Among 150 priced Technology-sector US stocks, 68 rose and 80 fell today. Notable movers include VNET Group Inc (VNET) with a price of USD 3.58 and a 1-day change of +20.13%, Fastly Inc (FSLY) at USD 17.90 down 15.05% with 100% sell order activity, and Datadog Inc (DDOG) at USD 187.77 down 14.85% with 71% buy order activity and a typical hold time of 77 days.

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