Concentrix (NASDAQ:CNXC) Stock Rating Lowered by Wall Street Zen

Concentrix (NASDAQ:CNXC) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday.

CNXC has been the topic of a number of other research reports. Barrington Research cut their target price on Concentrix from $62.00 to $38.00 and set an “outperform” rating on the stock in a research report on Wednesday. Canaccord Genuity Group dropped their price target on Concentrix from $80.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday. Weiss Ratings lowered Concentrix from a “hold (c-)” rating to a “sell (d)” rating in a research report on Thursday, January 29th. Finally, Robert W. Baird decreased their price objective on Concentrix from $52.00 to $40.00 and set an “outperform” rating for the company in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $48.50.

Concentrix Price Performance

CNXC stock opened at $26.42 on Friday. The business has a 50 day moving average price of $34.38 and a 200 day moving average price of $39.96. The company has a quick ratio of 1.40, a current ratio of 1.18 and a debt-to-equity ratio of 1.43. The stock has a market cap of $1.62 billion, a price-to-earnings ratio of -1.23, a PEG ratio of 0.35 and a beta of 0.50. Concentrix has a fifty-two week low of $24.27 and a fifty-two week high of $64.74.

Concentrix (NASDAQ:CNXC) last issued its quarterly earnings data on Tuesday, March 24th. The company reported $2.61 earnings per share for the quarter, missing the consensus estimate of $2.65 by ($0.04). Concentrix had a positive return on equity of 17.80% and a negative net margin of 13.35%.The company had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.49 billion. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.79 EPS. Equities research analysts anticipate that Concentrix will post 10.11 earnings per share for the current fiscal year.

Insider Buying and Selling at Concentrix

In related news, CEO Christopher A. Caldwell purchased 1,000 shares of the business’s stock in a transaction dated Thursday, January 29th. The stock was acquired at an average price of $37.07 per share, for a total transaction of $37,070.00. Following the acquisition, the chief executive officer directly owned 362,075 shares of the company’s stock, valued at $13,422,120.25. This trade represents a 0.28% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Concentrix

A number of institutional investors and hedge funds have recently modified their holdings of CNXC. Huntington National Bank increased its stake in Concentrix by 6,011.1% in the 3rd quarter. Huntington National Bank now owns 550 shares of the company’s stock valued at $25,000 after purchasing an additional 541 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Concentrix by 532.7% during the first quarter. Geneos Wealth Management Inc. now owns 620 shares of the company’s stock worth $34,000 after acquiring an additional 522 shares during the last quarter. Quent Capital LLC acquired a new position in Concentrix during the third quarter worth about $29,000. Larson Financial Group LLC raised its position in shares of Concentrix by 224.9% during the 3rd quarter. Larson Financial Group LLC now owns 692 shares of the company’s stock worth $32,000 after purchasing an additional 479 shares during the last quarter. Finally, Rothschild Investment LLC increased its position in Concentrix by 14,980.0% during the third quarter. Rothschild Investment LLC now owns 754 shares of the company’s stock worth $35,000 after buying an additional 749 shares in the last quarter. Institutional investors and hedge funds own 90.34% of the company’s stock.

Key Headlines Impacting Concentrix

Here are the key news stories impacting Concentrix this week:

• Positive Sentiment: Management emphasized AI-led growth opportunities on the Q1 earnings call and highlighted strategic initiatives that could boost margins over time. Concentrix Earnings Call Highlights AI-Led Growth
• Neutral Sentiment: Q1 revenue came in roughly in line or slightly above expectations and grew year-over-year, showing demand resilience even as profitability disappointed; the full earnings-call transcript is available for detail on guidance and cost actions. Concentrix Q1 2026 earnings call transcript
• Neutral Sentiment: Several market roundups listed CNXC among stocks trading down after the print, reflecting broad market reaction rather than company-specific news only. Driven Brands, Cogent, Concentrix, Arlo Technologies, and Planet Labs Stocks Trade Down
• Negative Sentiment: CNXC missed on EPS (market coverage highlights a sizable EPS miss in headlines), which is the primary driver of the selloff as investors punish the near-term profitability miss. Concentrix Corporation Just Missed EPS By 63%
• Negative Sentiment: Multiple brokerages lowered expectations and issued pessimistic forecasts/price-target cuts following the quarter (Barrington Research, Robert W. Baird, Canaccord Genuity), increasing sell-side pressure. Barrington Research Has Lowered Expectations for Concentrix
• Negative Sentiment: Coverage pieces report shares falling and CNXC hitting a new one-year low after the earnings miss, a sign of quantitatively increased downside interest and weaker near-term sentiment. Concentrix Sets New 1-Year Low After Earnings Miss
• Negative Sentiment: News outlets summarized the stock decline as “disappointing earnings” with shares down several percent, reinforcing the negative momentum. Shares Down on Disappointing Earnings

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.