Concentrix Corporation (CNXC)
NASDAQ: CNXC · IEX Real-Time Price · USD
55.01
-0.47 (-0.85%)
Apr 26, 2024, 4:00 PM EDT - Market closed
Concentrix Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Concentrix stock have an average target of 102, with a low estimate of 84 and a high estimate of 120. The average target predicts an increase of 85.42% from the current stock price of 55.01.
Analyst Consensus: Hold
* Price targets were last updated on Mar 27, 2024.
Analyst Ratings
The average analyst rating for Concentrix stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
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 | +52.70% | Mar 27, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $121 | Buy | Maintains | $121 | +119.96% | Mar 20, 2024 |
| Barrington Research | Barrington Research | Buy Maintains $98 → $121 | Buy | Maintains | $98 → $121 | +119.96% | Jan 25, 2024 |
| Scotiabank | Scotiabank | Buy Initiates $120 | Buy | Initiates | $120 | +118.14% | Aug 24, 2023 |
Financial Forecast
Revenue This Year
9.79B
from 7.11B
Increased by 37.64%
Revenue Next Year
10.14B
from 9.79B
Increased by 3.49%
EPS This Year
12.18
from 5.70
Increased by 113.73%
EPS Next Year
13.27
from 12.18
Increased by 8.92%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.2B | 10.5B | 11.0B |
| Avg | 9.8B | 10.1B | 10.6B |
| Low | 9.3B | 9.6B | 10.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 42.7% | 7.5% | 8.1% |
| Avg | 37.6% | 3.5% | 4.2% |
| Low | 31.3% | -1.5% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.78 | 14.51 | 15.93 |
| Avg | 12.18 | 13.27 | 14.61 |
| Low | 11.54 | 11.38 | 13.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 124.1% | 19.1% | 20.1% |
| Avg | 113.7% | 8.9% | 10.1% |
| Low | 102.5% | -6.6% | -0.4% |
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.