Concentrix Corporation (CNXC)
NASDAQ: CNXC · IEX Real-Time Price · USD
65.37
+0.16 (0.25%)
Mar 28, 2024, 10:55 AM EDT - Market open
Concentrix Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Concentrix stock have an average target of 118, with a low estimate of 84 and a high estimate of 150. The average target predicts an increase of 80.52% from the current stock price of 65.37.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 1 | 1 | 1 | 1 | 1 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
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 | +28.51% | Mar 27, 2024 |
Barrington Research | Barrington Research | Buy Maintains $121 | Buy | Maintains | $121 | +85.11% | Mar 20, 2024 |
Barrington Research | Barrington Research | Buy Maintains $98 → $121 | Buy | Maintains | $98 → $121 | +85.11% | Jan 25, 2024 |
Scotiabank | Scotiabank | Buy Initiates $120 | Buy | Initiates | $120 | +83.58% | Aug 24, 2023 |
Financial Forecast
Revenue This Year
9.82B
from 7.11B
Increased by 38.04%
Revenue Next Year
10.23B
from 9.82B
Increased by 4.16%
EPS This Year
12.20
from 5.70
Increased by 114.01%
EPS Next Year
13.57
from 12.20
Increased by 11.25%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 10.2B | 10.7B | 11.5B |
Avg | 9.8B | 10.2B | 10.8B |
Low | 9.4B | 9.7B | 10.1B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 42.9% | 8.7% | 12.2% |
Avg | 38.0% | 4.2% | 5.7% |
Low | 32.0% | -0.9% | -1.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 12.78 | 14.51 | 15.93 |
Avg | 12.20 | 13.57 | 15.13 |
Low | 11.46 | 12.54 | 14.21 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 124.1% | 19.0% | 17.4% |
Avg | 114.0% | 11.3% | 11.5% |
Low | 101.0% | 2.8% | 4.7% |
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.