Concentrix (NASDAQ:CNXC) Issues FY 2026 Earnings Guidance

Concentrix (NASDAQ:CNXC) issued an update on its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 10.830-11.180 for the period, compared to the consensus EPS estimate of 11.450. The company issued revenue guidance of $9.9 billion-$10.0 billion, compared to the consensus revenue estimate of $10.1 billion. Concentrix also updated its Q3 2026 guidance to 2.650-2.770 EPS.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CNXC. Robert W. Baird reduced their price target on shares of Concentrix from $52.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday, March 25th. Barrington Research restated an “outperform” rating and set a $38.00 price objective on shares of Concentrix in a research report on Monday, June 22nd. Canaccord Genuity Group reduced their price objective on shares of Concentrix from $80.00 to $55.00 and set a “buy” rating for the company in a report on Wednesday, March 25th. Wall Street Zen lowered shares of Concentrix from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Concentrix in a research note on Monday, April 27th. Three equities 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 has an average rating of “Moderate Buy” and an average price target of $44.33.

Concentrix Trading Up 0.9%

Shares of CNXC opened at $25.23 on Tuesday. The stock has a fifty day moving average price of $25.84 and a two-hundred day moving average price of $32.08. The company has a market cap of $1.54 billion, a price-to-earnings ratio of -1.17, a PEG ratio of 0.31 and a beta of 0.43. The company has a debt-to-equity ratio of 1.43, a quick ratio of 1.18 and a current ratio of 1.18. Concentrix has a 52-week low of $22.05 and a 52-week high of $62.14.

Concentrix (NASDAQ:CNXC) last posted its quarterly earnings data on Monday, June 29th. The company reported $2.63 earnings per share for the quarter, missing the consensus estimate of $2.64 by ($0.01). Concentrix had a negative net margin of 13.35% and a positive return on equity of 17.80%. The company had revenue of $2.46 billion during the quarter, compared to analyst estimates of $2.47 billion. During the same quarter in the previous year, the business posted $2.70 EPS. The company’s revenue was up 1.9% compared to the same quarter last year. Concentrix has set its FY 2026 guidance at 10.830-11.180 EPS and its Q3 2026 guidance at 2.650-2.770 EPS. Analysts predict that Concentrix will post 10.42 EPS for the current fiscal year.

Concentrix Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 4th. Stockholders of record on Friday, July 24th will be paid a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, July 24th. Concentrix’s dividend payout ratio (DPR) is -6.68%.

Insiders Place Their Bets

In other news, major shareholder Bruxelles Lambert Groupe sold 6,000,000 shares of the company’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $22.25, for a total transaction of $133,500,000.00. Following the transaction, 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 legal filing with the SEC, which is available through this link. Also, CFO Andre S. Valentine purchased 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, April 9th. The stock was purchased at an average price of $27.95 per share, for a total transaction of $69,875.00. Following the acquisition, the chief financial officer owned 89,066 shares of the company’s stock, valued at $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.

More Concentrix News

Here are the key news stories impacting Concentrix this week:

• Positive Sentiment: Concentrix highlighted stronger cash generation in Q2, including record cash flow from operations and adjusted free cash flow, while also saying iX Suite deals rose sharply year over year. Concentrix Reports Second Quarter 2026 Results
• Positive Sentiment: The company said it remains focused on AI-driven growth, offshore delivery shifts, and cost cuts to improve margins over time. Concentrix Q2 Earnings Call Focuses on AI Push, Margin Path
• Neutral Sentiment: Concentrix declared a quarterly dividend of $0.36 per share, which supports the stock’s income appeal but is not a major near-term growth catalyst.
• Neutral Sentiment: Market commentary noted CNXC among the day’s stock movers, reflecting broader investor attention to the earnings reaction and AI-related trading themes. Strategy, Super Micro, Concentrix, and More Stocks That Explain Today’s Market
• Negative Sentiment: Q2 EPS of $2.63 missed expectations by a penny, and revenue of about $2.46 billion also came in slightly below estimates.
• Negative Sentiment: Management cut both Q3 and full-year guidance below Wall Street forecasts, signaling pressure from softer client spending and a more cautious demand outlook. Concentrix cuts annual forecast as clients trim spend; shares fall

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Larson Financial Group LLC increased its holdings in Concentrix by 224.9% in the third quarter. Larson Financial Group LLC now owns 692 shares of the company’s stock valued at $32,000 after purchasing an additional 479 shares during the last quarter. Geneos Wealth Management Inc. raised its position in shares of Concentrix by 532.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 620 shares of the company’s stock valued at $34,000 after acquiring an additional 522 shares during the period. Global Retirement Partners LLC boosted its stake in Concentrix by 1,032.5% during the 4th quarter. Global Retirement Partners LLC now owns 872 shares of the company’s stock worth $36,000 after acquiring an additional 795 shares during the last quarter. Johnson Financial Group Inc. acquired a new position in Concentrix during the third quarter valued at approximately $69,000. Finally, Kestra Advisory Services LLC bought a new position in shares of Concentrix during the fourth quarter worth $100,000. Institutional investors and hedge funds own 90.34% of the company’s stock.

About Concentrix

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.