Teleperformance SE — Cyborg Score 6/10

Solid
Business Process Outsourcing (BPO) / Digital Business Services

Strategic Profile

TP unveiled 'Future Forward,' its new strategic plan to become a next-generation, AI-enabled company, encompassing fusing cutting-edge technology with human expertise to expand growth and deliver long-term value. The company employs 446,052 people and operates in Core Services and Specialized Services segments. In January 2024, Teleperformance completed the acquisition of Majorel for 3 billion euros, leading to the launch of Teleperformance's digital consulting arm, TP Infinity.

Cyborg Score Rationale

The company forecasts an adjusted EBITA margin of 14.6% for 2026, exceeding the estimated 14.3%. However, like-for-like sales growth is projected between 0% and +2%, indicating headwinds. The stock tumbled after investor relations day, but some analysts believe the stock has deep value with potential to more than double; AI disruption poses challenges, but the company's hybrid approach and strong client retention position it well for gradual transformation.

Top Insights

  • TP announced a partnership with Sanas, a provider of software that uses AI to adjust a speaker's accent in real-time, and made an equity investment of approximately $13 million in the company
  • Teleperformance achieved favorable growth in core services, with a notable like-for-like revenue increase of almost 3%
  • In 2025, the company is discovered to operate content moderation for Meta in Accra, which faced criticism for poor working conditions, low pay, and mental health effects on moderators
  • Jorge Amar was appointed CEO, with several new board members joining, including leaders from Qatar, South Africa, and two independent directors

Named Competitors

  • BPO/Contact Center Services — AI-powered customer experience outsourcing platform
  • Customer Experience Outsourcing — Integrated customer experience technology and services
  • Digital Transformation Services — Customer engagement and digital solutions provider
  • Specialized BPO Services — Customer service and back-office outsourcing

Recent Developments

  • (March 2026) Deputy CEO Olivier Rigaudy set to step down on March 15, 2026
  • (June 2025) Launched 'Future Forward' strategic plan with AI orchestration platform (TP.ai FAB) and announced 500+ AI projects
  • (February 2025) Partnership with Sanas for real-time accent adjustment AI technology with $13M equity investment
  • (January 2024) Completed €3 billion acquisition of Majorel, creating digital consulting arm TP Infinity

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