Concentrix (NASDAQ:CNXC) Updates Q3 2026 Earnings Guidance

Concentrix (NASDAQ:CNXC) updated its third quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 2.650-2.770 for the period, compared to the consensus EPS estimate of 3.040. The company issued revenue guidance of $2.5 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion. Concentrix also updated its FY 2026 guidance to 10.830-11.180 EPS.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d)” rating on shares of Concentrix in a research report on Monday, April 27th. Canaccord Genuity Group dropped their price objective on Concentrix from $80.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, March 25th. Robert W. Baird dropped their price objective on Concentrix from $52.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, March 25th. Barrington Research restated an “outperform” rating and issued a $38.00 target price on shares of Concentrix in a research note on Monday, June 22nd. Finally, Wall Street Zen lowered Concentrix from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $44.33.

Concentrix Price Performance

Shares of NASDAQ CNXC traded up $0.23 during mid-day trading on Monday, reaching $25.23. 3,077,140 shares of the company were exchanged, compared to its average volume of 1,607,306. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.43. The company’s 50 day moving average price is $25.93 and its 200 day moving average price is $32.17. Concentrix has a 52 week low of $22.05 and a 52 week high of $62.14. The stock has a market capitalization of $1.54 billion, a PE ratio of -1.17, a PEG ratio of 0.31 and a beta of 0.43.

Insider Buying and Selling

In other Concentrix news, major shareholder Bruxelles Lambert Groupe sold 6,000,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $22.25, for a total value of $133,500,000.00. Following the completion of the sale, the insider owned 2,773,667 shares of the company’s stock, valued at $61,714,090.75. This represents a 68.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Andre S. Valentine purchased 2,500 shares of Concentrix stock in a transaction on Thursday, April 9th. The shares were acquired at an average price of $27.95 per share, for a total transaction of $69,875.00. Following the completion of the transaction, the chief financial officer directly owned 89,066 shares of the company’s stock, valued at approximately $2,489,394.70. The trade was a 2.89% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Osaic Holdings Inc. grew its holdings in Concentrix by 13.4% in the 2nd quarter. Osaic Holdings Inc. now owns 2,222 shares of the company’s stock worth $118,000 after acquiring an additional 263 shares during the last quarter. State of Wyoming raised its stake in shares of Concentrix by 6.2% during the fourth quarter. State of Wyoming now owns 5,029 shares of the company’s stock valued at $209,000 after acquiring an additional 293 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Concentrix by 4.7% during the fourth quarter. Deutsche Bank AG now owns 6,767 shares of the company’s stock worth $281,000 after purchasing an additional 303 shares during the period. Brevan Howard Capital Management LP lifted its holdings in Concentrix by 4.5% in the 2nd quarter. Brevan Howard Capital Management LP now owns 8,951 shares of the company’s stock worth $473,000 after buying an additional 384 shares during the period. Finally, California State Teachers Retirement System lifted its stake in Concentrix by 1.1% in the second quarter. California State Teachers Retirement System now owns 36,387 shares of the company’s stock worth $1,923,000 after acquiring an additional 384 shares during the period. Institutional investors own 90.34% of the company’s stock.

Concentrix Company Profile

Concentrix Inc (NASDAQ: CNXC) is a global business services company specializing in customer engagement solutions and technology‐driven business process outsourcing. The firm’s offerings encompass customer care delivered across voice and digital channels, back‐office processing, analytics and consulting, and automated workflow management. By integrating proprietary platforms, strategic partnerships and advanced automation, Concentrix helps clients enhance customer experiences and streamline operations.

Its capabilities extend to digital marketing and technology implementation, leveraging artificial intelligence, machine learning and data analytics to optimize customer journeys.