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Concentrix (CNXC) Stock Forecast & Price Target

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$40.48 +0.10 (+0.25%)
(As of 12/20/2024 05:31 PM ET)

Concentrix - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
5

Based on 6 Wall Street analysts who have issued ratings for Concentrix in the last 12 months, the stock has a consensus rating of "Buy." Out of the 6 analysts, 1 has given a hold rating, 4 have given a buy rating, and 1 has given a strong buy rating for CNXC.

Consensus Price Target

$79.00
95.16% Upside
According to the 6 analysts' twelve-month price targets for Concentrix, the average price target is $79.00. The highest price target for CNXC is $100.00, while the lowest price target for CNXC is $70.00. The average price target represents a forecasted upside of 95.16% from the current price of $40.48.
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CNXC Analyst Ratings Over Time

TypeCurrent Forecast
12/24/23 to 12/23/24
1 Month Ago
11/24/23 to 11/23/24
3 Months Ago
9/25/23 to 9/24/24
1 Year Ago
12/24/22 to 12/24/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$79.00$79.00$94.75$119.60
Forecasted Upside95.16% Upside80.70% Upside48.42% Upside20.64% Upside
Consensus Rating
Buy
Buy
Moderate Buy
Moderate Buy

CNXC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CNXC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Concentrix Stock vs. The Competition

TypeConcentrixBusiness Services CompaniesS&P 500
Consensus Rating Score
3.00
2.69
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside95.16% Upside169.91% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent CNXC News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/3/2024Baird R W
0 of 5 stars
D. Koning
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UpgradeStrong-Buy
10/3/2024Robert W. Baird
2 of 5 stars
 Initiated CoverageOutperform$70.00+35.40%
9/26/2024Bank of America
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$85.00 ➝ $70.00+31.50%
9/26/2024Barrington Research
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 Lower TargetOutperform ➝ Outperform$84.00 ➝ $70.00+31.70%
9/26/2024Canaccord Genuity Group
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 Lower TargetBuy ➝ Buy$125.00 ➝ $100.00+86.95%
4/29/2024Scotiabank
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 Lower TargetSector Outperform ➝ Sector Outperform$120.00 ➝ $85.00+50.44%
9/6/2023Redburn Atlantic
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 Initiated CoverageNeutral$70.00-9.02%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 06:02 AM ET.


CNXC Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for Concentrix is $79.00, with a high forecast of $100.00 and a low forecast of $70.00.

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Concentrix in the last year. There is currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CNXC shares.

According to analysts, Concentrix's stock has a predicted upside of 95.16% based on their 12-month stock forecasts.

Over the previous 90 days, Concentrix's stock had 1 upgrade by analysts.

Concentrix has been rated by research analysts at Baird R W, Bank of America, Barrington Research, Canaccord Genuity Group, and Robert W. Baird in the past 90 days.

Analysts like Concentrix more than other "business services" companies. The consensus rating for Concentrix is Buy while the average consensus rating for "business services" companies is Moderate Buy. Learn more on how CNXC compares to other companies.


This page (NASDAQ:CNXC) was last updated on 12/23/2024 by MarketBeat.com Staff
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