Insight Enterprises (NASDAQ:NSIT – Free Report) had its target price raised by Canaccord Genuity Group from $140.00 to $175.00 in a report issued on Friday morning,Benzinga reports. The brokerage currently has a hold rating on the software maker’s stock.
Other equities research analysts have also issued reports about the company. Barrington Research set a $180.00 target price on Insight Enterprises in a research report on Monday, August 10th. Zacks Research lowered Insight Enterprises from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 6th. Raymond James Financial restated an “outperform” rating and set a $175.00 price target on shares of Insight Enterprises in a research note on Thursday, August 6th. Wall Street Zen downgraded Insight Enterprises from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 12th. Finally, Weiss Ratings raised shares of Insight Enterprises from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, October 28th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $172.50.
Read Our Latest Research Report on NSIT
Insight Enterprises Stock Performance
Shares of NSIT stock traded up $5.53 during trading hours on Friday, reaching $158.25. The company had a trading volume of 307,956 shares, compared to its average volume of 359,620. The firm has a market cap of $4.64 billion, a PE ratio of 26.60, a price-to-earnings-growth ratio of 1.21 and a beta of 1.06. Insight Enterprises has a one year low of $63.62 and a one year high of $182.12. The company has a debt-to-equity ratio of 0.92, a quick ratio of 1.15 and a current ratio of 1.18. The business has a fifty day moving average price of $162.73 and a 200-day moving average price of $115.24.
Insight Enterprises (NASDAQ:NSIT – Get Free Report) last released its earnings results on Thursday, November 5th. The software maker reported $3.59 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.74. The company had revenue of $2.44 billion for the quarter, compared to analysts’ expectations of $2.15 billion. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The firm’s revenue was up 21.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.43 EPS. Insight Enterprises has set its FY 2026 guidance at 13.550-13.750 EPS. Sell-side analysts predict that Insight Enterprises will post 11.50 earnings per share for the current fiscal year.
Insider Transactions at Insight Enterprises
In other news, General Counsel Karim Adatia sold 248 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $157.40, for a total transaction of $39,035.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.21% of the company’s stock.
Hedge Funds Weigh In On Insight Enterprises
A number of institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Insight Enterprises in the second quarter valued at about $587,162,000. Paradigm Capital Management Inc. NY purchased a new position in Insight Enterprises during the second quarter worth about $116,563,000. Bank of America Corp DE purchased a new position in Insight Enterprises during the second quarter worth about $36,643,000. Alyeska Investment Group L.P. acquired a new position in Insight Enterprises in the 2nd quarter valued at about $26,602,000. Finally, Bank of New York Mellon Corp acquired a new position in Insight Enterprises in the 2nd quarter valued at about $21,892,000.
Key Headlines Impacting Insight Enterprises
Here are the key news stories impacting Insight Enterprises this week:
- Positive Sentiment: Q3 adjusted EPS was $3.59, beating the roughly $2.85 consensus, while revenue of $2.44 billion topped estimates of $2.15 billion and increased 21.8% year over year. Coverage linked the strong earnings performance to AI-infrastructure demand. Zacks Q3 earnings coverage AI infrastructure earnings analysis
- Positive Sentiment: Management raised its FY2026 EPS outlook to $13.55–$13.75, above the cited analyst consensus of $12.30. The stronger outlook reinforces the positive earnings surprise. FY2026 outlook update
- Neutral Sentiment: Canaccord Genuity raised its price target to $175 from $140, but maintained a “hold” rating. The higher target suggests potential upside, while the unchanged rating signals a cautious stance. Canaccord Genuity rating information
- Negative Sentiment: One report noted that quarterly profit fell, a caveat to the strong adjusted EPS and revenue results. Q3 profit and outlook report
Insight Enterprises Company Profile
Insight Enterprises, Inc is a global technology solutions provider that helps businesses and public-sector organizations plan, acquire, implement and manage information technology. The company offers hardware, software and cloud solutions, along with consulting, systems integration, managed services and technical support.
Its portfolio includes workplace and data-center technologies, cloud and data-center modernization, cybersecurity, networking, data and artificial intelligence solutions, and software licensing and asset management.
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