Concentrix (CNXC) Stock Forecast, Price Target & Predictions

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CNXC Stock Forecast

Concentrix stock forecast is as follows: an average price target of $75.00 (represents a 80.79% upside from CNXC’s last price of $41.48) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.

CNXC Price Target

The average price target for Concentrix (CNXC) is $75.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $85.00 to $70.00. This represents a potential 80.79% upside from CNXC's last price of $41.48.

CNXC Analyst Ratings

Buy

According to 4 Wall Street analysts, Concentrix's rating consensus is 'Buy'. The analyst rating breakdown for CNXC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (50.00%), 2 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Concentrix Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 02, 2024	David Koning	Robert W. Baird	$70.00	$51.70	35.40%	68.74%
Sep 26, 2024	Vincent Colicchio	Barrington	$70.00	$55.58	25.94%	68.74%
Aug 28, 2024	Ruplu Bhattacharya	Bank of America Securities	$85.00	$74.81	13.61%	104.89%
Apr 29, 2024	Divya Goyal	Scotiabank	$85.00	$56.86	49.49%	104.89%
Jul 13, 2022	Vincent Colicchio	Barrington	$183.00	$126.90	44.21%	341.12%

The latest Concentrix stock forecast, released on Oct 02, 2024 by David Koning from Robert W. Baird, set a price target of $70.00, which represents a 35.40% increase from the stock price at the time of the forecast ($51.70), and a 68.74% increase from CNXC last price ($41.48).

Concentrix Price Target by Period

	1M	3M	12M
# Anlaysts	-	2	4
Avg Price Target	-	$70.00	$77.50
Last Closing Price	$41.48	$41.48	$41.48
Upside/Downside	-100.00%	68.74%	86.81%

In the current month, the average price target of Concentrix stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Concentrix's last price of $41.48. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Sep 23, 2024	Canaccord Genuity	Buy	Buy	Hold
Aug 28, 2024	Citigroup		Neutral	Upgrade
Aug 28, 2024	Bank of America Securities		Neutral	Upgrade
Apr 29, 2024	Scotiabank	Outperform	Outperform	Hold

Concentrix's last stock rating was published by Canaccord Genuity on Sep 23, 2024. The company gave CNXC a "Buy" rating, the same as its previous rate.

Concentrix Financial Forecast

Concentrix Revenue Forecast

	Dec 26	Aug 26	May 26	Mar 26	Dec 25	Aug 25	May 25	Mar 25	Dec 24	Aug 24	May 24	Mar 24	Dec 23	Aug 23	May 23	Mar 23	Dec 22	Aug 22	May 22	Mar 22	Dec 21	Aug 21	May 21	Mar 21	Dec 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.63B	$1.61B	-	-	$1.58B	$1.57B	-	-	$1.40B	$1.37B	-	-
Avg Forecast	$2.54B	$2.48B	$2.45B	$2.46B	$2.49B	$2.43B	$2.42B	$2.44B	$2.44B	$2.38B	$2.35B	$2.38B	$2.20B	$1.64B	$1.66B	$1.63B	$1.69B	$1.59B	$1.57B	$1.53B	$1.46B	$1.38B	$1.36B	$1.30B	$1.24B
High Forecast	$2.59B	$2.52B	$2.49B	$2.50B	$2.53B	$2.47B	$2.46B	$2.48B	$2.48B	$2.38B	$2.35B	$2.38B	$2.24B	$1.67B	$1.68B	$1.65B	$2.02B	$1.60B	$1.58B	$1.54B	$1.47B	$1.39B	$1.36B	$1.30B	$1.24B
Low Forecast	$2.48B	$2.41B	$2.38B	$2.40B	$2.42B	$2.36B	$2.35B	$2.37B	$2.38B	$2.38B	$2.35B	$2.38B	$2.14B	$1.60B	$1.61B	$1.58B	$1.35B	$1.58B	$1.57B	$1.53B	$1.46B	$1.38B	$1.35B	$1.29B	$1.24B
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	2	1	12	7	14	1	1	1	1	1	1	1	1
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	0.97%	-	-	0.99%	1.00%	-	-	1.01%	1.01%	-	-

Concentrix's average Quarter revenue forecast for Dec 23 based on 2 analysts is $2.20B, with a low forecast of $2.14B, and a high forecast of $2.24B. CNXC's average Quarter revenue forecast represents a 34.91% increase compared to the company's last Quarter revenue of $1.63B (Aug 23).

Concentrix EBITDA Forecast

	Dec 26	Aug 26	May 26	Mar 26	Dec 25	Aug 25	May 25	Mar 25	Dec 24	Aug 24	May 24	Mar 24	Dec 23	Aug 23	May 23	Mar 23	Dec 22	Aug 22	May 22	Mar 22	Dec 21	Aug 21	May 21	Mar 21	Dec 20
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	2	1	12	7	14	1	1	1	1	1	1	1	1
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	$156.10M	$153.18M	-	-	$169.63M	$159.46M	-	-	$224.38M	$202.59M	-	-
Avg Forecast	$351.84M	$342.53M	$338.70M	$340.45M	$343.91M	$335.51M	$334.18M	$336.70M	$337.44M	$329.22M	$324.62M	$262.99M	$304.58M	$226.90M	$229.05M	$239.08M	$224.16M	$173.48M	$171.59M	$217.35M	$159.44M	$150.79M	$148.26M	$184.48M	$192.39M
High Forecast	$357.74M	$348.28M	$344.38M	$346.15M	$349.67M	$341.13M	$339.79M	$342.34M	$343.10M	$329.31M	$324.62M	$315.59M	$309.68M	$230.70M	$232.89M	$286.90M	$268.99M	$174.13M	$172.24M	$260.82M	$160.04M	$151.36M	$148.81M	$221.38M	$230.87M
Low Forecast	$342.43M	$333.37M	$329.63M	$331.33M	$334.70M	$326.53M	$325.24M	$327.69M	$328.41M	$329.13M	$324.62M	$210.39M	$296.43M	$220.82M	$222.92M	$191.27M	$179.32M	$172.88M	$171.00M	$173.88M	$158.89M	$150.28M	$147.75M	$147.58M	$153.91M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.69%	0.67%	-	-	0.98%	0.93%	-	-	1.49%	1.37%	-	-

2 analysts predict CNXC's average Quarter EBITDA for Dec 23 to be $304.58M, with a high of $309.68M and a low of $296.43M. This is 95.12% upper than Concentrix's previous annual EBITDA (Aug 23) of $156.10M.

Concentrix Net Income Forecast

	Dec 26	Aug 26	May 26	Mar 26	Dec 25	Aug 25	May 25	Mar 25	Dec 24	Aug 24	May 24	Mar 24	Dec 23	Aug 23	May 23	Mar 23	Dec 22	Aug 22	May 22	Mar 22	Dec 21	Aug 21	May 21	Mar 21	Dec 20
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	2	1	12	7	14	1	1	1	1	1	1	1	1
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	$77.64M	$78.85M	-	-	$106.69M	$113.14M	-	-	$109.75M	$82.90M	-	-
Avg Forecast	$214.28M	$209.59M	$194.25M	$191.93M	$208.06M	$203.96M	$191.01M	$187.77M	$194.51M	$187.98M	$170.02M	$126.54M	$198.90M	$184.22M	$178.06M	$115.03M	$122.41M	$192.30M	$182.59M	$104.58M	$175.47M	$145.25M	$146.76M	$81.23M	$63.35M
High Forecast	$218.95M	$214.16M	$198.48M	$196.11M	$212.60M	$208.41M	$195.17M	$197.48M	$196.45M	$188.81M	$170.02M	$151.84M	$199.54M	$188.24M	$181.94M	$138.04M	$146.90M	$193.24M	$183.48M	$125.49M	$176.32M	$145.96M	$147.48M	$97.48M	$76.02M
Low Forecast	$206.83M	$202.30M	$187.49M	$185.25M	$200.82M	$196.86M	$184.36M	$172.23M	$191.91M	$187.14M	$170.01M	$101.23M	$198.25M	$177.81M	$171.87M	$92.03M	$97.93M	$191.45M	$181.78M	$83.66M	$174.69M	$144.60M	$146.11M	$64.99M	$50.68M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.42%	0.44%	-	-	0.55%	0.62%	-	-	0.76%	0.56%	-	-

Concentrix's average Quarter net income forecast for Dec 23 is $198.90M, with a range of $198.25M to $199.54M. CNXC's average Quarter net income forecast represents a 156.19% increase compared to the company's last Quarter net income of $77.64M (Aug 23).

Concentrix SG&A Forecast

	Dec 26	Aug 26	May 26	Mar 26	Dec 25	Aug 25	May 25	Mar 25	Dec 24	Aug 24	May 24	Mar 24	Dec 23	Aug 23	May 23	Mar 23	Dec 22	Aug 22	May 22	Mar 22	Dec 21	Aug 21	May 21	Mar 21	Dec 20
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	2	1	12	7	14	1	1	1	1	1	1	1	1
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$431.43M	$417.66M	-	-	$409.30M	$402.00M	-	-	$329.96M	$354.50M	-	-
Avg Forecast	$697.57M	$679.11M	$671.51M	$674.97M	$681.83M	$665.18M	$662.55M	$667.54M	$669.01M	$652.71M	$643.60M	$447.97M	$603.86M	$449.85M	$454.12M	$407.24M	$356.53M	$435.89M	$431.16M	$370.22M	$400.63M	$378.89M	$372.52M	$321.20M	$331.76M
High Forecast	$709.27M	$690.50M	$682.77M	$686.29M	$693.27M	$676.34M	$673.66M	$678.74M	$680.23M	$652.89M	$643.60M	$537.56M	$613.98M	$457.39M	$461.74M	$488.69M	$427.83M	$437.53M	$432.77M	$444.27M	$402.13M	$380.31M	$373.91M	$385.44M	$398.11M
Low Forecast	$678.90M	$660.93M	$653.54M	$656.91M	$663.59M	$647.38M	$644.82M	$649.68M	$651.11M	$652.53M	$643.60M	$358.37M	$587.70M	$437.81M	$441.97M	$325.79M	$285.22M	$434.40M	$429.68M	$296.18M	$399.25M	$377.59M	$371.24M	$256.96M	$265.41M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.96%	0.92%	-	-	0.94%	0.93%	-	-	0.87%	0.95%	-	-

Concentrix's average Quarter SG&A projection for Dec 23 is $603.86M, based on 2 Wall Street analysts, with a range of $587.70M to $613.98M. The forecast indicates a 39.97% rise compared to CNXC last annual SG&A of $431.43M (Aug 23).

Concentrix EPS Forecast

	Dec 26	Aug 26	May 26	Mar 26	Dec 25	Aug 25	May 25	Mar 25	Dec 24	Aug 24	May 24	Mar 24	Dec 23	Aug 23	May 23	Mar 23	Dec 22	Aug 22	May 22	Mar 22	Dec 21	Aug 21	May 21	Mar 21	Dec 20
# Analysts	1	1	1	1	1	1	1	3	3	1	1	1	2	1	12	7	14	1	1	1	1	1	1	1	1
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.50	$1.51	-	-	$2.05	$2.16	-	-	$2.10	$1.59	-	-
Avg Forecast	$3.31	$3.24	$3.00	$2.96	$3.21	$3.15	$2.95	$2.90	$3.00	$2.90	$2.63	$2.58	$3.07	$2.85	$2.75	$2.60	$1.95	$2.97	$2.82	$2.70	$2.71	$2.24	$2.27	$2.11	$2.03
High Forecast	$3.38	$3.31	$3.07	$3.03	$3.28	$3.22	$3.01	$3.05	$3.03	$2.92	$2.63	$2.58	$3.08	$2.91	$2.81	$2.65	$2.00	$2.98	$2.83	$2.71	$2.72	$2.25	$2.28	$2.12	$2.04
Low Forecast	$3.19	$3.12	$2.90	$2.86	$3.10	$3.04	$2.85	$2.66	$2.96	$2.89	$2.63	$2.58	$3.06	$2.75	$2.65	$2.50	$1.89	$2.96	$2.81	$2.69	$2.70	$2.23	$2.26	$2.10	$2.02
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	0.53%	0.55%	-	-	0.69%	0.77%	-	-	0.94%	0.70%	-	-

According to 2 Wall Street analysts, Concentrix's projected average Quarter EPS for Dec 23 is $3.07, with a low estimate of $3.06 and a high estimate of $3.08. This represents a 104.79% increase compared to CNXC previous annual EPS of $1.50 (Aug 23).

Concentrix Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
CLVT	Clarivate	$5.45	$14.33	162.94%	Buy
CNXC	Concentrix	$42.16	$75.00	77.89%	Buy
CDW	CDW	$176.66	$245.00	38.68%	Buy
CACI	CACI	$415.14	$525.14	26.50%	Buy
LDOS	Leidos	$150.14	$187.33	24.77%	Buy
WNS	WNS	$47.84	$58.33	21.93%	Buy
PSN	Parsons	$96.33	$116.60	21.04%	Buy
SAIC	Science Applications	$114.38	$135.25	18.25%	Buy
ACN	Accenture	$357.30	$378.21	5.85%	Buy
GLOB	Globant	$226.92	$239.29	5.45%	Buy
CTSH	Cognizant Technology Solutions	$81.03	$82.29	1.55%	Hold
ASGN	ASGN	$87.17	$88.00	0.95%	Buy
G	Genpact	$43.27	$43.67	0.92%	Hold
EXLS	ExlService	$45.59	$39.00	-14.45%	Buy

CNXC Forecast FAQ

Is Concentrix a good buy?

Yes, according to 4 Wall Street analysts, Concentrix (CNXC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 50.00% of CNXC's total ratings.

What is CNXC's price target?

Concentrix (CNXC) average price target is $75 with a range of $70 to $85, implying a 80.79% from its last price of $41.48. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Concentrix stock go up soon?

According to Wall Street analysts' prediction for CNXC stock, the company can go up by 80.79% (from the last price of $41.48 to the average price target of $75), up by 104.89% based on the highest stock price target, and up by 68.74% based on the lowest stock price target.

Can Concentrix stock reach $60?

CNXC's average twelve months analyst stock price target of $75 supports the claim that Concentrix can reach $60 in the near future.

Did the CNXC's actual financial results beat the analysts' financial forecasts?

In terms of the last quarterly report (Aug 2023), Concentrix's revenue was $1.63B, missing the average analysts' forecast of $1.64B by -0.50%. The company's EBITDA was $156.1M, missing the average prediction of $226.9M by -31.20%. Concentrix's net income was $77.64M, missing the average estimation of $184.22M by -57.86%. The company's SG&A was $431.42M, missing the average forecast of $449.85M by -4.10%. Lastly, the company's EPS was $1.5, missing the average prediction of $2.85 by -47.28%