Concentrix Corporation (CNXC)
NASDAQ: CNXC · Real-Time Price · USD
43.72
+4.16 (10.52%)
Nov 22, 2024, 4:00 PM EST - Market closed
Concentrix Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Concentrix stock have an average target of 79, with a low estimate of 70 and a high estimate of 100. The average target predicts an increase of 80.70% from the current stock price of 43.72.
Analyst Consensus: Buy
* Price targets were last updated on Oct 3, 2024.
Analyst Ratings
The average analyst rating for Concentrix stock from 5 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Initiates $70 | Buy | Initiates | $70 | +60.11% | Oct 3, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $84 → $70 | Buy | Maintains | $84 → $70 | +60.11% | Sep 26, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $85 → $70 | Hold | Maintains | $85 → $70 | +60.11% | Sep 26, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $125 → $100 | Strong Buy | Maintains | $125 → $100 | +128.73% | Sep 26, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $84 | Buy | Maintains | $84 | +92.13% | Sep 23, 2024 |
Financial Forecast
Revenue This Year
9.81B
from 7.11B
Increased by 37.81%
Revenue Next Year
10.03B
from 9.81B
Increased by 2.26%
EPS This Year
11.41
from 5.70
Increased by 100.12%
EPS Next Year
12.55
from 11.41
Increased by 10.04%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.1B | 10.4B | 10.9B |
| Avg | 9.8B | 10.0B | 10.4B |
| Low | 9.4B | 9.5B | 9.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 42.2% | 6.1% | 8.9% |
| Avg | 37.8% | 2.3% | 3.4% |
| Low | 32.1% | -3.4% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.13 | 13.80 | 15.21 |
| Avg | 11.41 | 12.55 | 13.87 |
| Low | 10.85 | 11.39 | 12.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 112.8% | 21.0% | 21.2% |
| Avg | 100.1% | 10.0% | 10.5% |
| Low | 90.3% | -0.2% | 1.4% |
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.