Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Concentrix Corporation Market Cap
Based on ratings from 6 stock analysts, the Concentrix Corporation stock price is expected to increase by 70.93% in 12 months. This is calculated by using the average 12-month stock price forecast for Concentrix Corporation. The lowest target is $66 and the highest is $100. Please note analyst price targets are not guaranteed and could be missed completely.
Concentrix Corporation has a total of 6 Wall St Analyst ratings. There are 4 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Concentrix Corporation will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CNXC.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| David Koning Baird | Outperform | $70 | Initiates | Oct 3, 2024 |
| Vincent Colicchio Barrington Research | Outperform | $70 | Maintains | Sep 26, 2024 |
| Ruplu Bhattacharya B of A Securities | Neutral | $70 | Maintains | Sep 26, 2024 |
| Joseph Vafi Canaccord Genuity | Buy | $100 | Maintains | Sep 26, 2024 |
| Vincent Colicchio Barrington Research | Outperform | $84 | Maintains | Sep 23, 2024 |
| Vincent Colicchio Barrington Research | Outperform | $84 | Maintains | Sep 20, 2024 |
| Ruplu Bhattacharya B of A Securities | Neutral | $85 | Upgrade | Aug 28, 2024 |
| Joseph Vafi Canaccord Genuity | Buy | $125 | Maintains | Jun 27, 2024 |
| Vincent Colicchio Barrington Research | Outperform | $84 | Maintains | Jun 21, 2024 |
| Divya Goyal Scotiabank | Sector Outperform | $85 | Maintains | Apr 29, 2024 |
| Ruplu Bhattacharya B of A Securities | Underperform | Downgrade | Mar 27, 2024 | |
| Vincent Colicchio Barrington Research | Outperform | $84 | Maintains | Mar 27, 2024 |
| Vincent Colicchio Barrington Research | Outperform | $121 | Maintains | Mar 20, 2024 |
| Vincent Colicchio Barrington Research | Outperform | $121 | Maintains | Jan 25, 2024 |
| Divya Goyal Scotiabank | Sector Outperform | $120 | Initiates | Aug 24, 2023 |
| Vincent Colicchio Barrington Research | Outperform | $98 | Maintains | Jun 29, 2023 |
| Ruplu Bhattacharya B of A Securities | Neutral | $95 | Downgrade | Jun 29, 2023 |
| Vincent Colicchio Barrington Research | Outperform | $165 | Reiterates | Jun 26, 2023 |
| Joseph Vafi Canaccord Genuity | Buy | $150 | Initiates | Apr 12, 2023 |
| Vincent Colicchio Barrington Research | Outperform | $165 | Reiterates | Mar 30, 2023 |
When did it IPO
2017
Staff Count
440,000
Country
United States
Sector/Industry
Technology/Information Technology Services
CEO
Mr. Christopher A. Caldwell
Market Cap
$2.91B
In 2023, CNXC generated $7.11B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CNXC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 11 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Concentrix Corporation (NASDAQ: CNXC) will present insights on AI's impact on customer experience at Web Summit 2024 in Lisbon, Portugal, from November 11-14.
Why It Matters - Concentrix's focus on AI at a major tech conference signals potential growth and innovation, which could enhance competitiveness and drive stock performance, attracting investor interest.
Tue, 12 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - BRKR, CMC, and CNXC have been assigned a Zacks Rank #5 (Strong Sell) as of November 12, 2024.
Why It Matters - BRKR, CMC, and CNXC's addition to the Zacks Rank #5 indicates potential underperformance, signaling investors to reconsider their positions or avoid these stocks.
Fri, 01 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Concentrix's strong cash flow, diversified clients, and expanding AI services indicate growth potential. Its efficient debt management and undervaluation suggest significant upside for investors.
Why It Matters - Concentrix's strong cash flow, AI expansion, and undervaluation signal potential revenue growth and profitability, making it an attractive investment opportunity.
Wed, 09 Oct 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - Oversold stocks in the industrials sector may offer buying opportunities for investors seeking undervalued companies.
Why It Matters - Oversold stocks in industrials indicate potential value, allowing investors to capitalize on lower prices before a market correction or recovery occurs.
Thu, 26 Sep 2024
Sentiment - NEGATIVE
Source - Benzinga
Summary - U.S. stock futures rose, with Dow futures increasing by approximately 200 points on Thursday morning.
Why It Matters - Higher U.S. stock futures indicate positive market sentiment, potentially boosting investor confidence and leading to increased buying activity in equities.
Wed, 25 Sep 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Concentrix Corporation (NASDAQ: CNXC) will host its Q3 2024 earnings conference call on September 25, 2024, at 5:00 PM ET, featuring key executives and analysts from various firms.
Why It Matters - Concentrix's Q3 earnings call provides insights into its financial performance and future outlook, impacting investor sentiment and stock valuation.
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