AUDC
AudioCodes Ltd.

AudioCodes Ltd.AUDC

Technology · Communication Equipment
11.20USD
-1.50%
Oct 23, 2026
AUDC overview ready
AudioCodes is a voice-communications infrastructure and managed-services enabler that connects enterprise telephony and UC/CC platforms to conversational-AI applications, while also selling its own voice-agent, Teams contact-center and meeting-intelligence offerings.
Narrative is still early
Exposed to the Enterprise AI Agent Adoption narrative through AI Voice Agents and Contact-Center Automation — enabling supplier.
An early price trend
Longer-term context reads early trend, with a near-term setup of daily advance.
Attractive valuation
Current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Competition from larger unified communications providers.
Market Oct 22Price action Oct 22Research Oct 17

Conviction Level

Business Quality has no canonical measurement for this company — a research-profile dimension, not an input to this score.

NarrativeHeat7.5ThemeHeat7.5PriceAction7.7Valuation9.4CompanyPosition7.3BusinessQuality—
Price
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Price Action

An early price trend
Longer-term context reads early trend, with a near-term setup of daily advance.
EntryBreakout + retest

Price broke through the weekly SMA200, then retested it constructively and recovered — a fresh structural entry rather than a chase.

Key Financials

Market Cap
$268.4M
Avg Volume (60D)
112.6K
60 sessions
Revenue Growth YoY
+2.5%
Trailing twelve months
Gross Margin
+65.7%
Operating Margin
+5.8%
Trailing twelve months
Free Cash Flow Yield
+5.2%
Distance from 200DMA
+23.7%
Next Earnings
2026-11-04
P/E
44.8x
EV / EBITDA
13.1x
EV / Sales
1.0x
Market metrics as of Oct 22, 2026

Fundamentals & Valuation

One of the two valuation perspectives says cheap; peers is the dissenting view.
AudioCodes Ltd. has a Cheap valuation stance because current market expectations look undemanding relative to how much growth and cash flow it delivers per turn of revenue multiple.

Company Research

Thesis
AudioCodes is a voice-communications infrastructure and managed-services enabler that connects enterprise telephony and UC/CC platforms to conversational-AI applications, while also selling its own voice-agent, Teams contact-center and meeting-intelligence offerings.
Opportunity
Moderate opportunity
Enterprise spending to automate customer-service and employee voice interactions with conversational AI, while integrating AI agents with telephony, contact-center workflows, human escalation, governance and cloud communications platforms.
Key risk
Competition from larger unified communications providers.

Narrative & Theme

Enterprise AI Agent Adoption
Part of AI Voice Agents and Contact-Center Automation, with moderate fit.
AUDC has a real, increasingly direct exposure to enterprise conversational AI and AI-enabled contact-center automation, rather than merely generic UC hardware exposure.
Narrative HeatHeating up7.5 / 10
Theme HeatHeating up7.5 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Communication Equipment
What they do

AudioCodes Ltd. develops and sells advanced communications software, products, and solutions that support unified communications, contact centers, and hosted business services globally.

How it earns

The company generates revenue primarily through product sales and professional services, including software licenses and hardware equipment.

Products & services
Session border controllers
VoIP network routing solutions
Media gateways and servers
Multi-service business routers
IP phone solutions
One Voice Operations Center
Customers & end markets
Enterprises requiring unified communications
Contact centers
Hosted business service providers
Market position

Niche player specializing in communication equipment and software for unified communications and voice network management.

Demand drivers
Medium cyclicality

Business depends on enterprise IT spending which can be influenced by economic cycles but also driven by ongoing digital transformation.