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 65.91% 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 12.49% 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
Wed, 04 Dec 2024
Sentiment - NEGATIVE
Source - Market Watch
Summary - Difficult-to-short stocks may be priced artificially high and unsustainably, indicating potential risks for investors.
Why It Matters - Difficult-to-short stocks may indicate potential market corrections, leading to sudden price drops and increased volatility, impacting investment strategies and risk assessments.
Thu, 05 Dec 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - In November, 26 new analysts at Seeking Alpha identified top picks: U.S. Bancorp Preferred Series A, Hershey, and PepsiCo for growth and dividends, while recommending sells on BlackRock Science and Luckin Coffee.
Why It Matters - The influx of analysts at Seeking Alpha may lead to fresh insights and investment strategies, potentially influencing stock prices and market perceptions of highlighted companies.
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 highlights its commitment to innovation, potentially boosting its competitive edge and attracting investor interest.
Tue, 12 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - BRKR, CMC, and CNXC were added to the Zacks Rank #5 (Strong Sell) List on November 12, 2024, indicating potential underperformance in the market.
Why It Matters - BRKR, CMC, and CNXC receiving a Zacks Rank #5 indicates potential underperformance, signaling investors to reassess holdings and risk exposure.
Fri, 01 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Concentrix's diversified clients, strong cash flow, AI services, and efficient debt management indicate potential for revenue growth and undervaluation compared to peers, making it an attractive investment.
Why It Matters - Concentrix's strong fundamentals, innovative services, and undervaluation indicate potential for significant revenue growth and profitability, making it an attractive investment opportunity.
Wed, 09 Oct 2024
Sentiment - POSITIVE
Source - Benzinga
Summary - The industrials sector has several oversold stocks, indicating potential investment opportunities in undervalued companies.
Why It Matters - Oversold stocks in the industrials sector indicate potential bargains, suggesting future price recoveries that could lead to significant gains for investors.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
