EXL has opened its international headquarters and AI Innovation Lab in Dublin, aiming to enhance global AI solutions and local talent.
Quiver AI Summary
EXL, a global data and AI company, has officially launched its new international headquarters in Dublin’s Docklands, signifying its commitment to Ireland as a key operational hub. The ribbon-cutting ceremony was attended by notable figures including An Tánaiste Simon Harris TD and EXL CEO Rohit Kapoor. Since entering Dublin in 2023, EXL has aimed to hire up to 200 tech specialists and has opened an AI Innovation Lab designed to enhance its EXLerate.AI platform and foster collaboration with clients on AI solutions across various sectors. The initiative emphasizes Ireland's role as a center for AI talent and innovation and involves partnerships with local academic institutions to enhance AI development and education. EXL's expansion reflects its dedication to delivering advanced AI-driven outcomes globally.
Potential Positives
- EXL has established a new headquarters in Dublin, marking its commitment to Ireland as a strategic hub for global operations.
- The opening of the AI Innovation Lab is a significant step in advancing EXL's capabilities in AI and data solutions, potentially enhancing its service offerings.
- EXL's plans to hire up to 200 technology specialists demonstrate growth and investment in local talent, contributing to the local economy.
- The collaboration with Irish academic institutions fosters innovation and contributes to developing the next generation of AI talent in Ireland.
Potential Negatives
- The press release does not disclose any specific financial commitments or investments associated with the new headquarters or AI Innovation Lab, which may raise concerns about the immediate economic impact.
- There is no mention of potential challenges or risks faced by the company in establishing operations in Dublin, which may suggest a lack of transparency.
- The timeline for hiring the 200 technology specialists is not specified, leaving uncertainty about the pace of growth and recruitment efforts.
FAQ
What is the significance of EXL's new headquarters in Dublin?
EXL's new headquarters in Dublin underscores its commitment to establishing a strategic hub for global operations and AI innovation.
When did EXL establish its presence in Dublin?
EXL established its presence in Dublin in 2023, working towards its aim of hiring 200 technology specialists.
What is the purpose of EXL's AI Innovation Lab?
The AI Innovation Lab focuses on developing industry-specific AI solutions and expanding EXL’s capabilities in AI and data.
How many professionals will the AI Innovation Lab employ initially?
The AI Innovation Lab will initially employ 60 highly skilled professionals dedicated to AI research and development.
What collaborations does EXL have with Irish academic institutions?
EXL collaborates with institutions like UCD and Trinity College Dublin to drive AI talent development and innovation.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$EXLS Insider Trading Activity
$EXLS insiders have traded $EXLS stock on the open market 13 times in the past 6 months. Of those trades, 0 have been purchases and 13 have been sales.
Here’s a breakdown of recent trading of $EXLS stock by insiders over the last 6 months:
- AJAY AYYAPPAN (EVP & Gen Counsel/Corp. Sec'y.) has made 0 purchases and 6 sales selling 23,040 shares for an estimated $1,176,638.
- VIKAS BHALLA (President of EXL) sold 25,000 shares for an estimated $1,152,750
- ANITA MAHON (Executive Vice President) has made 0 purchases and 5 sales selling 19,358 shares for an estimated $924,488.
- JAYNIE M STUDENMUND sold 14,580 shares for an estimated $692,987
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$EXLS Hedge Fund Activity
We have seen 227 institutional investors add shares of $EXLS stock to their portfolio, and 207 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 1,943,471 shares (+40.8%) to their portfolio in Q1 2025, for an estimated $91,751,265
- THRIVENT FINANCIAL FOR LUTHERANS removed 1,379,202 shares (-57.5%) from their portfolio in Q1 2025, for an estimated $65,112,126
- MACKENZIE FINANCIAL CORP removed 1,292,792 shares (-32.7%) from their portfolio in Q1 2025, for an estimated $61,032,710
- DRIEHAUS CAPITAL MANAGEMENT LLC added 1,221,793 shares (+inf%) to their portfolio in Q1 2025, for an estimated $57,680,847
- BLACKROCK, INC. removed 1,152,827 shares (-4.8%) from their portfolio in Q1 2025, for an estimated $54,424,962
- INVESCO LTD. added 880,612 shares (+125.5%) to their portfolio in Q1 2025, for an estimated $41,573,692
- GEODE CAPITAL MANAGEMENT, LLC removed 786,449 shares (-18.7%) from their portfolio in Q2 2025, for an estimated $34,438,601
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$EXLS Analyst Ratings
Wall Street analysts have issued reports on $EXLS in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 06/03/2025
- JP Morgan issued a "Overweight" rating on 05/01/2025
- Stifel issued a "Buy" rating on 02/27/2025
To track analyst ratings and price targets for $EXLS, check out Quiver Quantitative's $EXLS forecast page.
$EXLS Price Targets
Multiple analysts have issued price targets for $EXLS recently. We have seen 3 analysts offer price targets for $EXLS in the last 6 months, with a median target of $54.0.
Here are some recent targets:
- Mayank Tandon from Needham set a target price of $55.0 on 06/03/2025
- Puneet Jain from JP Morgan set a target price of $53.0 on 05/01/2025
- David Grossman from Stifel set a target price of $54.0 on 02/27/2025
Full Release
DUBLIN and NEW YORK, Aug. 11, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, has opened its new headquarters for international business in Dublin’s Docklands. An Tánaiste Simon Harris TD hosted the ribbon-cutting ceremony with EXL Chairman and CEO Rohit Kapoor, The Lord Mayor of Dublin Councillor Ray McAdam, Professor Colin Scott, Deputy President and Vice President of Academic Affairs, University College of Dublin and other distinguished guests.
The announcement underscores EXL’s continued commitment to Ireland as a strategic hub for its global operations. Since establishing a presence in Dublin in 2023 , the company has been working toward its goal of hiring up to 200 technology specialists.
The Tánaiste also received a tour of EXL’s new AI Innovation Lab, a dedicated center for the research and development of cutting-edge, industry-specific AI solutions. The AI Innovation Lab will initially employ 60 highly skilled professionals.
The lab is designed to:
- Expand the capabilities of EXL’s EXLerate.AI platform by developing next-generation AI and data solutions.
- Provide a collaborative environment for clients and EXL experts to co-create industry-specific AI solutions that drive transformation across sectors including healthcare, insurance, banking, utilities, travel and transportation, and retail.
- Shape tailored data and AI strategies that align with client-specific business objectives, accelerating innovation and measurable outcomes.
- Integrate clients’ enterprise-wide data and AI using EXLerate.AI to deliver intelligent insights that power smarter decisions and improved business performance.
Rohit Kapoor, Chairman and CEO of EXL , said: “EXL is proud to deepen its roots in Ireland with the launch of our new headquarters for international business and the opening of our AI Innovation Lab. This expansion not only reflects our confidence in Dublin as a leading hub for AI talent and innovation, but also our ambition to deliver AI-powered solutions to clients across the globe. We’re excited to grow our presence in Ireland while advancing the frontiers of AI.”
An Tánaiste Simon Harris TD , Deputy Prime Minister of Ireland, said: “By investing in local talent and fostering strong partnerships with Ireland’s world-class academic institutions, EXL is helping to position Dublin as a global centre of excellence for AI. Ireland is well‑placed to be a hub of innovation in this space, and EXL’s plans to continue to collaborate with local research institutions will be an important contribution to developing the next generation of talent.”
Mary Buckley, Executive Director at IDA Ireland, said: ‘’I am delighted that EXL is officially launching its headquarters for international business and AI Innovation Lab. Artificial intelligence is a key growth driver in IDA Ireland’s new strategy ‘Adapt Intelligently: A Strategy for Sustainable Growth and Innovation. This milestone underscores EXL’s commitment to innovation and reflects Ireland’s position as a global hub for cutting-edge digital investment and talent.’’
EXL’s AI Innovation Lab builds on EXL’s existing partnerships with Irish academic institutions such as University College Dublin (UCD), CeADAR, and Trinity College Dublin, which were initiated in 2023, including:
- EXL and UCD Innovation and AI Lab: an ongoing collaborative initiative with University College Dublin and CeADAR, a leading AI research agency. The objective is to provide select leaders at EXL a unique and dynamic ecosystem to experiment and build innovative solutions towards an AI-driven future.
- Sprint by Irish innovators : a dynamic, hands-on session led by top Irish innovators to spark fresh ideas, co-create practical solutions, and inspire a culture of experimentation across EXL.
- Sponsor of a student hackathon at UCD : fostering innovation and real-world problem solving among emerging talent in data, AI, and digital transformation.
- EXL and Trinity AI Advantage Program with Trinity College Dublin: equipping leaders with AI-powered decision-making and innovation capabilities.
Rowan McGrath, Senior Vice President, International at EXL , said: “Through initiatives such as the EXL-UCD Innovation and AI Lab, the EXL-Trinity AI Advantage Program and student hackathons, EXL is working closely with Irish universities to drive the development of AI talent and promote real-world innovation in AI and digital transformation.”
About EXL
EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 61,000 employees spanning six continents. For more information, visit www.exlservice.com .
Contacts
Heneghan
Eoghan Ó Neachtain – [email protected] / +353 87 628 8030
Rory Sweeney – [email protected] / +353 86 897 6442
EXL Media
Keith Little
[email protected]
Investor Relations
John Kristoff
+1 212 209 4613
[email protected]