IBEX · NASDAQ · Information Technology Services

IBEX (IBEX)

Runs customer engagement, digital marketing, CX analytics, and AI-assisted support operations.

$40.75
vs last close+0.20 (+0.49%)
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IBEX LimitedIBEX
Information Technology

Provides customer lifecycle experience services through ibex Connect, ibex Digital, ibex CX, Wave iX, and Augment by ibex. Revenue comes mainly from enterprise support, acquisition, analytics, and managed-service work delivered from onshore, nearshore, offshore, and work-at-home operations, with demand tied mostly to U.S.-based clients.

Provides technology-enabled customer lifecycle experience services across customer acquisition, engagement, expansion, and support. The portfolio centers on ibex Connect for customer service, technical support, revenue generation, and back-office work, with ibex Digital for marketing and e-commerce, ibex CX for surveys and analytics, Wave iX for AI-assisted customer interactions, and Augment by ibex for staff augmentation and managed services.

Delivery is split across U.S. onshore, nearshore, offshore, and work-at-home operations, while customer demand is mostly tied to U.S.-based enterprises. Execution depends on service quality, technology capability, global coverage, security, scalability, and price in a fragmented market that also includes clients' in-house teams.

Reports one operating and reportable segment.

Company facts

CEORobert Dechant
ListedAug 7, 2020
ExchangeNASDAQ
HeadquartersWashington, DC
CountryUnited States
Employees33,000
CIK0001720420
ISINBMG4690M1010

Market cap$542.9M
EPS (ttm)$3.13
P/E (ttm)12.96
ROE29.5%
P/B3.19
P/S0.8430
Dividend yieldDiv yield
Beta0.69vs XLK −0.53

Price target$23.00−43.3%Average of 6 analysts
ConsensusHold4 of 6 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
May 12, 2025BairdDowngrade
Rating: Outperform
Rating: Neutral

Next report
Nov 5, 26
in 44 days
EPS estimate
$0.93
Revenue estimate
$168.9M
Fiscal quarter
Q1 FY27

EPSReportedEstimate

Feb '25May '25Sep '25Nov '25Feb '26May '26Sep '26Nov '26
Reported$0.59$0.82$0.87$0.90$0.87$0.91$0.85Pending
Estimate$0.49$0.73$0.74$0.81$0.79$0.86$0.85$0.93
Surprise+20.4%+12.3%+18.4%+11.1%+10.8%+6.4%+0.6%

RevenueReportedEstimate

Feb '25May '25Sep '25Nov '25Feb '26May '26Sep '26Nov '26
Reported$140.7M$140.7M$147.1M$151.2M$164.2M$164.4M$164.3MPending
Estimate$134.6M$132.9M$144.6M$155.6M$157.0M$157.0M$160.0M$168.9M
Surprise+4.5%+5.9%+1.7%−2.8%+4.6%+4.7%+2.7%
Estimate$0.93
ReportedDue Nov 5, 2026
Estimate$168.9M
ReportedDue Nov 5, 2026
View details

Debt to equity36.70%
Current ratio210.00%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Revenue$129.7M$140.7M$140.7M$147.1M$151.2M$164.2M$164.4M$164.3M
Net income$7.5M$9.3M$10.5M$9.6M$12.0M$12.2M$13.3M$8.7M
Net margin5.8%6.6%7.4%6.5%8.0%7.4%8.1%5.3%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Operating income$9.1M$11.9M$13.3M$12.3M$13.7M$15.3M$16.2M$9.8M
YoY growth+9.1%+71.7%+18.1%−4.7%+50.7%+28.2%+21.2%−19.9%

Balance sheet, Jun 30, 2026Cash & short-term investments $32.6M · Total debt $62.4M · Total assets $309.1M · Shareholders' equity $170.2M

Revenue
$164.3M
Operating income
$9.8M
Net income
$8.7M
View details

No dividends on record.

Institutions79.82%10.60M shares
156 holders · as of Jun 30, 2026
Insiders16.36%2.17M shares
20 holders · as of Sep 16, 2026
Strategic holders13.04%1.73M shares
1 holder · as of Nov 21, 2024
Adds to109.22%

13.28M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 109.22%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Resource Group International LtdStrategicdirector, 10 percent owner
13.04%1.73Mfiled Nov 21, 2024
GEM II G.P. L.P. PineBridgeInsider10 percent owner
9.86%1.31Mfiled Dec 17, 2024
BlackRock, Inc.Institution
7.80%1.04Mas of Jun 30, 2026
American Century Companies IncInstitution
3.85%510,633as of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
2.90%385,153as of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 15, 2026Daniella Ballou-Aaresdirector−1,500$40.29
Sep 15, 2026Julie K. Casteelofficer: Chief Sales/Marketing Officer−17,474$40.41
Sep 16, 2026Christina Alice Trofimuk-O'Connorofficer: Chief Legal Officer−2,376$39.34
Sep 15, 2026Christina Alice Trofimuk-O'Connorofficer: Chief Legal Officer−7,500$40.30
Sep 15, 2026Robert Thomas Dechantdirector, officer: Chief Executive Officer−25,000$39.99
View details

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Compare

CompanyPriceChange
IBEX$40.75+0.49%$542.9M13.011.00.8+11.6%
Concentrix$28.91+5.01%$1.68B2.60.2+1.9%
TTEC$1.230.00%$59.6M1.00.0−11.3%
TaskUs$8.46−2.25%$780.3M7.56.10.6+5.0%
Genpact$33.38−2.05%$5.78B10.17.81.1+7.1%
Conduent$1.63−0.31%$252.8M0.1−29.7%
ExlService$34.90−1.01%$5.35B22.214.62.4+15.6%
Median10.16.10.4+3.5%