CNXC Stock Forecast 2025-2026
Distance to CNXC Price Targets
CNXC Price Momentum
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Latest CNXC Stock Price Targets & Analyst Predictions
Based on our analysis of 7 Wall Street analysts, CNXC has a bullish consensus with a median price target of $68.00 (ranging from $62.00 to $80.00). Currently trading at $45.02, the median forecast implies a 51.0% upside. This outlook is supported by 4 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Joseph Vafi at Canaccord Genuity, projecting a 77.7% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
CNXC Analyst Ratings
CNXC Price Target Range
Latest CNXC Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for CNXC.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 16, 2025 | Canaccord Genuity | Joseph Vafi | Buy | Maintains | $80.00 |
| Oct 3, 2024 | Baird | David Koning | Outperform | Initiates | $70.00 |
| Sep 26, 2024 | Canaccord Genuity | Joseph Vafi | Buy | Maintains | $100.00 |
| Sep 26, 2024 | Barrington Research | Vincent Colicchio | Outperform | Maintains | $70.00 |
| Sep 26, 2024 | B of A Securities | Ruplu Bhattacharya | Neutral | Maintains | $70.00 |
| Sep 23, 2024 | Barrington Research | Vincent Colicchio | Outperform | Maintains | $84.00 |
| Sep 20, 2024 | Barrington Research | Vincent Colicchio | Outperform | Maintains | $84.00 |
| Aug 28, 2024 | B of A Securities | Ruplu Bhattacharya | Neutral | Upgrade | $85.00 |
| Jun 27, 2024 | Canaccord Genuity | Joseph Vafi | Buy | Maintains | $125.00 |
| Jun 21, 2024 | Barrington Research | Vincent Colicchio | Outperform | Maintains | $84.00 |
| Apr 29, 2024 | Scotiabank | Divya Goyal | Sector Outperform | Maintains | $85.00 |
| Mar 27, 2024 | B of A Securities | Ruplu Bhattacharya | Underperform | Downgrade | $0.00 |
| Mar 27, 2024 | Barrington Research | Vincent Colicchio | Outperform | Maintains | $84.00 |
| Mar 20, 2024 | Barrington Research | Vincent Colicchio | Outperform | Maintains | $121.00 |
| Jan 25, 2024 | Barrington Research | Vincent Colicchio | Outperform | Maintains | $121.00 |
| Aug 24, 2023 | Scotiabank | Divya Goyal | Sector Outperform | Initiates | $120.00 |
| Jun 29, 2023 | Barrington Research | Vincent Colicchio | Outperform | Maintains | $98.00 |
| Jun 29, 2023 | B of A Securities | Ruplu Bhattacharya | Neutral | Downgrade | $95.00 |
| Jun 26, 2023 | Barrington Research | Vincent Colicchio | Outperform | Reiterates | $165.00 |
| Apr 12, 2023 | Canaccord Genuity | Joseph Vafi | Buy | Initiates | $150.00 |
Concentrix Corporation (CNXC) Competitors
The following stocks are similar to Concentrix based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Concentrix Corporation (CNXC) Financial Data
Concentrix Corporation has a market capitalization of $2.90B with a P/E ratio of 12.1x. The company generates $9.62B in trailing twelve-month revenue with a 2.6% profit margin.
Revenue growth is +9.7% quarter-over-quarter, while maintaining an operating margin of +8.0% and return on equity of +6.1%.
Valuation Metrics
Growth & Margins
Financial Health
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Concentrix Corporation (CNXC) Business Model
About Concentrix Corporation
Provides customer engagement and BPO solutions.
The company operates on a business model that focuses on offering tailored customer engagement and business process outsourcing (BPO) solutions. It generates revenue by optimizing customer interactions and enhancing business performance for clients across various sectors, including technology, healthcare, and retail.
Concentrix, originally part of SYNNEX Corporation, has established itself as an independent entity known for leveraging advanced technology in its services, which encompass customer support, sales, technical assistance, and analytics. Its expertise in customer experience management and a global presence positions it well in the growing BPO market.
Company Information
Sector
Technology
Industry
Information Technology Services
Employees
450,000
CEO
Mr. Christopher A. Caldwell
Country
United States
IPO Year
2017
Website
www.concentrix.comConcentrix Corporation (CNXC) Latest News & Analysis
Concentrix Corporation (NASDAQ: CNXC) will announce its fiscal Q1 2025 results on March 26, 2025, after market close, followed by a conference call at 5:00 PM ET the same day.
Concentrix's upcoming financial results announcement and conference call could influence stock performance, as investors analyze earnings for growth potential and market sentiment.
Concentrix launched iX Hello™2.0, a versatile customer assistant tool that simplifies creation, customization, and integration for businesses.
Concentrix's iX Hello™2.0 enhances customer engagement, potentially driving revenue growth and improving operational efficiency, which can positively impact stock performance.
Concentrix Corporation reported strong EPS and revenue, fueled by GenAI investments. The AI customer experience market is expected to grow 22% CAGR, enhancing CNXC's future prospects despite debt risks.
Concentrix's strong EPS and revenue growth, fueled by AI investments, signals potential revenue increases. The booming AI market and undervaluation despite risks enhance its appeal to investors.
Concentrix Corporation (NASDAQ: CNXC) will hold its Q4 2024 earnings conference call on January 15, 2025, at 5:00 PM ET, featuring key executives and analysts from major firms.
Upcoming earnings calls provide insights into a company's financial health and performance. Analysts' questions can signal market expectations, influencing stock price and investor sentiment.
Concentrix Corporation (NASDAQ: CNXC) reported its financial results for Q4 and the fiscal year ending November 30, 2024, on January 15, 2025.
Concentrix Corporation's financial results can impact stock performance, investor sentiment, and market positioning, influencing investment decisions in the tech services sector.
CNXC is expected to report increased revenue in Q4 of fiscal 2024 due to growing client acquisitions.
Rising client wins suggest revenue growth for CNXC, potentially enhancing profitability and investor confidence in the company's financial performance.
Frequently Asked Questions About CNXC Stock
What is Concentrix Corporation's (CNXC) stock forecast for 2025?
Based on our analysis of 7 Wall Street analysts, Concentrix Corporation (CNXC) has a median price target of $68.00. The highest price target is $80.00 and the lowest is $62.00.
Is CNXC stock a good investment in 2025?
According to current analyst ratings, CNXC has 4 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $45.02. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for CNXC stock?
Wall Street analysts predict CNXC stock could reach $68.00 in the next 12 months. This represents a 51.0% increase from the current price of $45.02. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Concentrix Corporation's business model?
The company operates on a business model that focuses on offering tailored customer engagement and business process outsourcing (BPO) solutions. It generates revenue by optimizing customer interactions and enhancing business performance for clients across various sectors, including technology, healthcare, and retail.
What is the highest forecasted price for CNXC Concentrix Corporation?
The highest price target for CNXC is $80.00 from Joseph Vafi at Canaccord Genuity, which represents a 77.7% increase from the current price of $45.02.
What is the lowest forecasted price for CNXC Concentrix Corporation?
The lowest price target for CNXC is $62.00 from at , which represents a 37.7% increase from the current price of $45.02.
What is the overall CNXC consensus from analysts for Concentrix Corporation?
The overall analyst consensus for CNXC is bullish. Out of 7 Wall Street analysts, 4 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $68.00.
How accurate are CNXC stock price projections?
Stock price projections, including those for Concentrix Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
