What Do Analysts Think About TTEC Holdings (TTEC)?

TTEC Holdings, Inc. (NASDAQ:TTEC) is one of the best affordable stocks under $5 to buy for the next 3 years. TTEC Holdings, Inc. (NASDAQ:TTEC) announced on November 25 a major expansion of its Egypt operations after the 2025 Global Offshoring Summit in Cairo.

TTEC Engage President John Abou met with senior Egyptian government leaders during the visit, including the Prime Minister of Egypt and Minister of ICT, participated in a Presidential Roundtable, and signed a Memorandum of Understanding (MOU) with the Information Technology Industry Development Agency supporting the scaling of the company’s Cairo operations. The agreement entails the expansion of TTEC Holdings, Inc.’s (NASDAQ:TTEC) workforce by an additional 3,500 employees by 2029 to meet growing global client demand.

Separately, on November 10, Craig-Hallum analyst George Sutton maintained a Buy rating on TTEC Holdings, Inc. (NASDAQ:TTEC) and set a $5.00 price target.

However, the same day, the stock was downgraded to Market Perform from Outperform by William Blair analyst Maggie Nolan without a price target. The firm told investors that it sees “modest risk” in the company’s reiterated 2025 guidance, especially for profitability. It believes that TTEC Holdings, Inc.’s (NASDAQ:TTEC) free cash flow generation is challenged while its debt remains high, and that it expects the company’s transition to lead to slow margin recovery and pressured growth.

TTEC Holdings, Inc. (NASDAQ:TTEC) is a digital global customer experience technology and services company that focuses on the implementation, design, and delivery of transformative solutions for several brands. The company’s operations are divided into the TTEC Digital and TTEC Engage segments.

While we acknowledge the potential of TTEC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.