Concentrix Corporation (CNXC)
NASDAQ: CNXC · Real-Time Price · USD
47.94
+1.92 (4.17%)
At close: Oct 11, 2024, 4:00 PM
48.00
+0.06 (0.13%)
After-hours: Oct 11, 2024, 4:27 PM EDT
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 64.79% from the current stock price of 47.94.
Analyst Consensus: Buy
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 0 | 0 | 0 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Initiates $70 | Buy | Initiates | $70 | +46.02% | Oct 3, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $84 → $70 | Buy | Maintains | $84 → $70 | +46.02% | Sep 26, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $85 → $70 | Hold | Maintains | $85 → $70 | +46.02% | Sep 26, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $125 → $100 | Strong Buy | Maintains | $125 → $100 | +108.59% | Sep 26, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $84 | Buy | Maintains | $84 | +75.22% | Sep 23, 2024 |
Financial Forecast
Revenue This Year
9.83B
from 7.11B
Increased by 38.09%
Revenue Next Year
10.13B
from 9.83B
Increased by 3.15%
EPS This Year
11.94
from 5.70
Increased by 109.54%
EPS Next Year
13.25
from 11.94
Increased by 10.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.1B | 10.5B | 10.9B |
| Avg | 9.8B | 10.1B | 10.5B |
| Low | 9.4B | 9.6B | 10.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 42.6% | 7.2% | 7.8% |
| Avg | 38.1% | 3.1% | 4.1% |
| Low | 32.4% | -1.8% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.36 | 13.89 | 15.21 |
| Avg | 11.94 | 13.25 | 14.67 |
| Low | 11.32 | 12.41 | 14.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 116.8% | 16.3% | 14.8% |
| Avg | 109.5% | 10.9% | 10.8% |
| Low | 98.6% | 3.9% | 5.6% |
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.