Concentrix upgraded by BofA Securities with a new price target
$CNXC
Computer Software: Prepackaged Software
Technology
BofA Securities upgraded Concentrix from Underperform to Neutral and set a new price target of $85.00 from $65.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/24/2025 | $70.00 → $54.00 | Outperform | Barrington Research |
| 10/3/2024 | $70.00 | Outperform | Robert W. Baird |
| 8/28/2024 | $65.00 → $85.00 | Underperform → Neutral | BofA Securities |
| 3/27/2024 | $85.00 → $60.00 | Neutral → Underperform | BofA Securities |
| 9/6/2023 | $70.00 | Neutral | Redburn Atlantic |
| 8/24/2023 | $120.00 | Sector Outperform | Scotiabank |
| 6/29/2023 | Buy → Neutral | BofA Securities | |
| 4/12/2023 | $150.00 | Buy | Canaccord Genuity |
Exceeds first quarter revenue and profit guidanceReiterates full year guidance and remains on track to generate approximately $625 million to $650 million of adjusted free cash flow for the yearExpects to return more than $240 million to shareholders in fiscal 2025 through share repurchases and dividendsOngoing momentum and demand for iX Hello™ AI products NEWARK, Calif., March 26, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a global technology and services leader, today announced financial results for the fiscal first quarter ended February 28, 2025. Three Months Ended February 28, 2025 February 29, 2024 ChangeRevenue ($M)$2,372.2 $2,402.7 (1.3)%Operating income (
NEWARK, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a global technology and services leader, plans to announce its fiscal first quarter 2025 financial results after market close on Wednesday, March 26, 2025. The Company also plans to host a conference call and webcast with the investment community to discuss the financial results that same evening on Wednesday, March 26, 2025, at 5:00 pm, Eastern Time. The live conference call webcast will be available in listen-only mode in the Investor Relations section of the Concentrix website under "Events and Presentations" at: https://ir.concentrix.com/events-and-presentations A replay will also be available on
Delivers revenue growth at the high end of previous guidance range for the quarterReturns $220 million to shareholders in fiscal 2024 through share repurchases and dividendsGains market traction with new iX GenAI productivity applicationsIntroduces 2025 guidance indicating revenue growth, margin and free cash flow expansionIncreases share repurchase authorization to $600 million NEWARK, Calif., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a global technology and services leader, today announced financial results for the fiscal fourth quarter and fiscal year ended November 30, 2024. Three Months Ended Fiscal Year Ended November 30, 2024 November 30,
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NEWARK, Calif., March 05, 2024 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a leading global provider of customer experience (CX) services and technologies, today announced the arrival of Ryan Peterson as Executive Vice President and Chief Product Officer. Ryan will join the Concentrix Global Executive Team and report directly to Chris Caldwell, President and CEO. As Chief Product Officer, Ryan's mission will be to design, develop and deploy innovative products at scale across clients and internal operations. Ryan's team will focus on GenAI powered solutions that leverage Concentrix' domain expertise to enhance customer experiences, as well as improve the productivity of Co
NEWARK, Calif., June 02, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a global technology and services leader, today announced its placement on the prestigious Fortune 500® list for the second year in a row. Ranking #426 based on 2024 revenue, the company advanced from #499 last year, marking its sustained growth as the go-to intelligent transformation partner for the world's leading brands. "Being named to the Fortune 500® is a proud moment for our entire organization, reflecting the trust our clients place in us and the dedication of our incredible game-changers," said Chris Caldwell, President and CEO at Concentrix. "Our ability to deliver leading technology, deep exp
NEWARK, Calif., May 22, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a global technology and services leader, today announced the launch of iX Hero, the latest product in its Intelligent Experience (IX) suite. iX Hero is an agentic AI-powered application that works together with a human in the loop to supercharge the way customer experience is delivered, from quick fixes to complex questions. Based on Concentrix' experience handling billions of calls, chats and other contacts per year, the company designed iX Hero to target the most common areas that cause inefficient customer interactions and dissatisfied customers. iX Hero addresses both the customer and client side
NEWARK, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ:CNXC), a global technology and services leader, today released findings from an independent survey conducted by the Everest Group of over 450 enterprise leaders from around the world and across sectors. The survey explores emerging enterprise priorities in today's rapidly changing environment, how companies are thinking about leveraging generative AI, the partners they choose, and how they plan to invest. The results suggest that instead of playing defense with prioritization on cost-cutting and compliance, companies are going on the offense — focusing on intelligent transformation, using AI to fuel innovation
Barrington Research reiterated coverage of Concentrix with a rating of Outperform and set a new price target of $54.00 from $70.00 previously
Robert W. Baird initiated coverage of Concentrix with a rating of Outperform and set a new price target of $70.00
BofA Securities upgraded Concentrix from Underperform to Neutral and set a new price target of $85.00 from $65.00 previously
4 - Concentrix Corp (0001803599) (Issuer)
4 - Concentrix Corp (0001803599) (Issuer)
4 - Concentrix Corp (0001803599) (Issuer)
4 - Concentrix Corp (0001803599) (Issuer)
4 - Concentrix Corp (0001803599) (Issuer)
4 - Concentrix Corp (0001803599) (Issuer)