Concentrix (NASDAQ:CNXC) Issues FY 2026 Earnings Guidance

Concentrix (NASDAQ:CNXC) updated its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 10.970-11.090 for the period, compared to the consensus earnings per share 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.

Analyst Ratings Changes

CNXC has been the topic of several research reports. Robert W. Baird reduced their target price on Concentrix from $40.00 to $30.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. Zacks Research raised Concentrix from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Weiss Ratings reiterated a “sell (d)” rating on shares of Concentrix in a research report on Friday, July 24th. Barrington Research reduced their price target on shares of Concentrix from $38.00 to $30.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 30th. Finally, Canaccord Genuity Group lowered their price objective on shares of Concentrix from $55.00 to $45.00 and set a “buy” rating for the company in a research report on Tuesday, June 30th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Concentrix has an average rating of “Hold” and an average target price of $32.75.

Concentrix Trading Down 2.2%

Concentrix stock traded down $0.57 during mid-day trading on Tuesday, hitting $24.88. The company’s stock had a trading volume of 2,921,033 shares, compared to its average volume of 1,631,632. The company has a debt-to-equity ratio of 1.46, a quick ratio of 1.18 and a current ratio of 1.18. The company has a 50 day moving average of $26.99 and a 200-day moving average of $26.59. Concentrix has a one year low of $19.12 and a one year high of $49.37. The stock has a market cap of $1.52 billion, a PE ratio of -1.17, a P/E/G ratio of 0.50 and a beta of 0.47.

Concentrix (NASDAQ:CNXC) last issued its earnings results on Tuesday, September 29th. The company reported $2.57 EPS for the quarter, missing analysts’ consensus estimates of $2.71 by ($0.14). Concentrix had a positive return on equity of 19.82% and a negative net margin of 13.16%.Concentrix has set its FY 2026 guidance at 10.970-11.090 EPS and its Q4 2026 guidance at 2.860-2.980 EPS. On average, research analysts anticipate that Concentrix will post 9.67 EPS for the current year.

About Concentrix

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.