Analysts’ expectations for Concentrix Corp (CNXC) stock: $62 price target in 12 months

At the time of writing, Concentrix Corp [CNXC] stock is trading at $55.64, down -2.30%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CNXC shares have gain 23.64% over the last week, with a monthly amount glided 23.21%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Concentrix Corp [NASDAQ: CNXC] stock has seen the most recent analyst activity on March 24, 2025, when Barrington Research reiterated its Outperform rating and also revised its price target to $54 from $70. Previously, Robert W. Baird started tracking the stock with Outperform rating on October 03, 2024, and set its price target to $70. On August 28, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $85 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $60 on March 27, 2024. Redburn Atlantic initiated its recommendation with a Neutral and recommended $70 as its price target on September 06, 2023. Scotiabank started tracking with a Sector Outperform rating for this stock on August 24, 2023, and assigned it a price target of $120. In a note dated June 29, 2023, BofA Securities downgraded an Neutral rating on this stock.

For the past year, the stock price of Concentrix Corp fluctuated between $36.28 and $77.00. Currently, Wall Street analysts expect the stock to reach $62 within the next 12 months. Concentrix Corp [NASDAQ: CNXC] shares were valued at $55.64 at the most recent close of the market. An investor can expect a potential return of 11.43% based on the average CNXC price forecast.

Analyzing the CNXC fundamentals

According to Concentrix Corp [NASDAQ:CNXC], the company’s sales were 9.59B for trailing twelve months, which represents an -1.27% plunge. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.17.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 54.56 points at the first support level, and at 53.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.68, and for the 2nd resistance point, it is at 57.73.

Ratios To Look Out For

It is important to note that Concentrix Corp [NASDAQ:CNXC] has a current ratio of 1.65. In addition, the Quick Ratio stands at 1.42 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 0.37, the price to book ratio is 0.88 and price to earnings (TTM) ratio is 13.93.

Transactions by insiders

Recent insider trading involved CORMAC TWOMEY, Officer, that happened on Mar 31 ’25 when 500.0 shares were purchased. EVP, Global Ops & Delivery, Twomey Cormac J completed a deal on Feb 28 ’25 to sell 500.0 shares. Meanwhile, Officer CORMAC TWOMEY bought 500.0 shares on Feb 28 ’25.

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