Concentrix Corporation (CNXC)
NASDAQ: CNXC · IEX Real-Time Price · USD
66.87
-1.33 (-1.95%)
At close: Jul 19, 2024, 4:00 PM
66.88
+0.01 (0.01%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Concentrix Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Concentrix stock have an average target of 98, with a low estimate of 84 and a high estimate of 125. The average target predicts an increase of 46.55% from the current stock price of 66.87.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Concentrix stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $125 | Strong Buy | Maintains | $125 | +86.93% | Jun 27, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $84 | Buy | Maintains | $84 | +25.62% | Jun 21, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $120 → $85 | Buy | Maintains | $120 → $85 | +27.11% | Apr 29, 2024 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Mar 27, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $121 → $84 | Buy | Maintains | $121 → $84 | +25.62% | Mar 27, 2024 |
Financial Forecast
Revenue This Year
9.79B
from 7.11B
Increased by 37.59%
Revenue Next Year
10.12B
from 9.79B
Increased by 3.40%
EPS This Year
12.15
from 5.70
Increased by 113.22%
EPS Next Year
13.47
from 12.15
Increased by 10.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.1B | 10.5B | 10.9B |
| Avg | 9.8B | 10.1B | 10.5B |
| Low | 9.3B | 9.6B | 10.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 42.4% | 7.3% | 7.8% |
| Avg | 37.6% | 3.4% | 4.0% |
| Low | 31.3% | -1.5% | -0.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.71 | 14.18 | 15.46 |
| Avg | 12.15 | 13.47 | 14.68 |
| Low | 11.59 | 12.66 | 13.77 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 122.9% | 16.7% | 14.8% |
| Avg | 113.2% | 10.8% | 8.9% |
| Low | 103.4% | 4.2% | 2.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.