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
Target Low Average Median High
Price $84 $118 $120 $150
Change +28.51% +80.52% +83.58% +129.48%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 222222
Hold 111110
Sell 000001
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B of A Securities
B of A Securities
Sell
Downgrades
n/a
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
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
4.71B4.72B5.59B6.32B7.11B9.82B10.23B10.82B
Revenue Growth
91.13%0.25%18.38%13.20%12.49%38.04%4.16%5.73%
EPS
2.273.197.708.285.7012.2013.5715.13
EPS Growth
-40.53%141.38%7.53%-31.16%114.01%11.25%11.51%
No. Analysts -----764
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
42.9%
8.7%
12.2%
Avg
38.0%
4.2%
5.7%
Low
32.0%
-0.9%
-1.5%

EPS Forecast

EPS 202420252026
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 202420252026
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.