Concentrix (NASDAQ:CNXC) Issues FY 2026 Earnings Guidance

by · The Markets Daily

Concentrix (NASDAQ:CNXC – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 10.970-11.090 for the period, compared to the consensus EPS estimate of 10.890. The company issued revenue guidance of $9.8 billion-$9.9 billion, compared to the consensus revenue estimate of $10.0 billion. Concentrix also updated its Q4 2026 guidance to 2.860-2.980 EPS.

Concentrix Trading Down 2.2%

NASDAQ CNXC traded down $0.57 during trading hours on Tuesday, hitting $24.88. The company’s stock had a trading volume of 2,750,696 shares, compared to its average volume of 1,626,106. The stock has a fifty day moving average of $26.99 and a 200 day moving average of $26.59. Concentrix has a twelve month low of $19.12 and a twelve month high of $49.37. The firm has a market capitalization of $1.52 billion, a P/E ratio of -1.17, a PEG ratio of 0.50 and a beta of 0.47. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.46.

Concentrix (NASDAQ:CNXC – Get Free Report) last released its earnings results on Monday, June 29th. The company reported $2.63 EPS for the quarter, missing analysts’ consensus estimates of $2.64 by ($0.01). The business had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.47 billion. Concentrix had a positive return on equity of 19.82% and a negative net margin of 13.16%.Concentrix’s revenue was up 1.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.70 EPS. Equities research analysts forecast that Concentrix will post 9.67 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently issued reports on CNXC shares. Barrington Research reduced their price target on Concentrix from $38.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Bank of America cut their target price on Concentrix from $32.00 to $26.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 30th. Canaccord Genuity Group reduced their target price on Concentrix from $55.00 to $45.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Weiss Ratings restated a “sell (d)” rating on shares of Concentrix in a research report on Friday, July 24th. Finally, Zacks Research raised Concentrix from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $32.75.

View Our Latest Analysis on CNXC

About Concentrix

(Get Free Report)

Concentrix Corporation is a global technology and services company that helps organizations manage customer experience, business operations and digital transformation. Its offerings include customer care, technical support, sales and marketing services, back-office support, analytics, artificial intelligence and automation solutions.

The company serves clients across industries such as technology and consumer electronics, retail, banking and financial services, healthcare, communications and media, travel, and automotive.

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