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Amdocs shares plunge 29% after revealing T-Mobile contract dispute and weaker 2027 outlook

Market News
04 Nov 2026, 17:24 WIB
GlobeNewsWire
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Bearish
Amdocs shares plunge 29% after revealing T-Mobile contract dispute and weaker 2027 outlook

Amdocs disclosed a contractual dispute with T-Mobile involving alleged breaches and potential arbitration, alongside a forecasted revenue drop of up to 17.9% and earnings decline of up to 30% for fiscal 2027. This news led to a sharp 29% intraday share price fall on November 4, 2026. The company cited the dispute, reduced spending by T-Mobile, and completion of a customer integration project as reasons for the weaker outlook. Investors affected by losses are being invited to join a securities investigation by Kehoe Law Firm.

Amdocs faces a forecasted revenue drop of up to 17.9% and earnings decline of up to 30% for fiscal 2027 amid a dispute with T-Mobile. For readers following Technology-sector stocks, here is Pluang's market snapshot as of Nov 04, 2026 21:31 WIB: out of 150 priced US stocks, 94 rose and 55 fell. Notable movers include CORZ at USD 13.45 with a 5.55% decline and 100% buy order activity, STX at USD 573.07 down 5.49% with 83% sell orders, and CDW at USD 157.94 up 5.46% with a typical hold time of 60 days.

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