Concentrix (NASDAQ:CNXC) Stock Jumps 8.2% – Should You Buy?

Posted by Brenda Bartman on Oct 24th, 2026

Concentrix Corporation (NASDAQ:CNXC – Get Free Report) rose 8.2% during trading on Thursday. The company traded as high as $32.52 and last traded at $32.5550. Approximately 338,995 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 1,623,615 shares. The stock had previously closed at $30.10.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Concentrix in a research report on Thursday. 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. Zacks Research raised shares of Concentrix from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Canaccord Genuity Group restated a “buy” rating and set a $45.00 target price on shares of Concentrix in a research note on Wednesday, September 30th. Finally, Robert W. Baird decreased their price target on Concentrix from $40.00 to $30.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 30th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Concentrix currently has a consensus rating of “Hold” and a consensus target price of $33.50.

View Our Latest Research Report on CNXC

Concentrix Stock Down 3.6%

The company has a market capitalization of $2.02 billion, a P/E ratio of -0.85, a price-to-earnings-growth ratio of 0.65 and a beta of 0.52. The company has a debt-to-equity ratio of 2.22, a quick ratio of 1.23 and a current ratio of 1.23. The firm’s fifty day moving average is $27.98 and its 200-day moving average is $26.34.

Concentrix (NASDAQ:CNXC – Get Free Report) last issued its quarterly earnings data on Tuesday, September 29th. The company reported $2.92 EPS for the quarter, beating the consensus estimate of $2.71 by $0.21. Concentrix had a negative net margin of 23.99% and a positive return on equity of 25.00%. The business had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same quarter in the prior year, the firm earned $2.78 EPS. The firm’s revenue was down 1.2% compared to the same quarter last year. Concentrix has set its FY 2026 guidance at 10.970-11.090 EPS and its Q4 2026 guidance at 2.860-2.980 EPS. As a group, equities research analysts predict that Concentrix Corporation will post 9.77 EPS for the current year.

Concentrix Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 3rd. Stockholders of record on Friday, October 23rd will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, October 23rd. This is a positive change from Concentrix’s previous quarterly dividend of $0.36. Concentrix’s dividend payout ratio is currently -3.70%.

Institutional Investors Weigh In On Concentrix

Several hedge funds have recently modified their holdings of the company. BlackRock Inc. bought a new position in Concentrix in the 2nd quarter valued at approximately $149,639,000. Pzena Investment Management LLC bought a new stake in Concentrix during the 2nd quarter worth approximately $76,488,000. Dimensional Fund Advisors LP grew its holdings in Concentrix by 18.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,951,378 shares of the company’s stock worth $80,746,000 after acquiring an additional 460,108 shares during the last quarter. Groupe Bruxelles Lambert acquired a new position in Concentrix in the 2nd quarter valued at approximately $68,000,000. Finally, Kopernik Global Investors LLC acquired a new position in Concentrix in the 1st quarter valued at approximately $44,523,000. Institutional investors and hedge funds own 90.34% of the company’s stock.

Concentrix Company Profile

(Get Free Report)

Concentrix Corporation (NASDAQ: CNXC) is a global technology and services company that helps businesses improve customer engagement and operational performance. Its offerings include customer experience management, digital operations, business process services, consulting, analytics, artificial intelligence, automation, and technology solutions.

The company supports customer care, technical support, sales, marketing, trust and safety, and back-office functions. Concentrix serves organizations across industries such as technology and electronics, retail, banking and financial services, healthcare, travel and transportation, communications and media, and automotive.

Concentrix operates across North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.