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Amdocs Names Shimie Hortig CEO of Amdocs Management and Board Director as Shuky Sheffer Retires

Tipranks - Tue Mar 24, 4:06PM CDT

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The latest announcement is out from Amdocs ( (DOX) ).

On March 23, 2026, Amdocs announced that Shuky Sheffer retired from both its management team and Board of Directors, stepping down as President and Chief Executive Officer of Amdocs Management Limited. Concurrently, the Board appointed Shimie Hortig as a new director, effective at the same time he replaces Sheffer as President and CEO of Amdocs Management Limited, signaling a planned leadership transition with potential implications for the company’s strategic direction and governance.

The move reflects an orderly succession at the top of Amdocs’ operating management arm and board, a significant change for a company that plays a central role in mission-critical systems for global communications and media players. Investors and customers will be watching how Hortig’s leadership shapes Amdocs’ execution in its core markets, given its scale, global footprint, and importance as a technology partner to large service providers.

The most recent analyst rating on (DOX) stock is a Buy with a $86.00 price target. To see the full list of analyst forecasts on Amdocs stock, see the DOX Stock Forecast page.

Spark’s Take on DOX Stock

According to Spark, TipRanks’ AI Analyst, DOX is a Outperform.

The score is driven primarily by strong financial quality (notably free-cash-flow strength and conservative leverage) and supportive valuation (moderate P/E plus a ~2.9% dividend). These are partly offset by weak technicals (price below key moving averages with bearish momentum) and earnings-call risks tied to modest growth guidance and customer-specific revenue pressure (notably T-Mobile), despite steady margins and backlog.

To see Spark’s full report on DOX stock, click here.

More about Amdocs

Amdocs is a leading provider of software products and services to communications and media companies, focusing on embedding intelligence across business, IT, and network operations. The NASDAQ-listed company (DOX) supports customer experience, network performance, cloud modernization, and revenue growth, processing billions of transactions daily and generating $4.53 billion in fiscal 2025 revenue.

Average Trading Volume: 1,297,951

Technical Sentiment Signal: Sell

Current Market Cap: $7B

See more insights into DOX stock on TipRanks’ Stock Analysis page.

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