Concentrix (NASDAQ:CNXC – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.860-2.980 for the period, compared to the consensus EPS estimate of 3.080. The company issued revenue guidance of $2.4 billion-$2.5 billion, compared to the consensus revenue estimate of $2.5 billion. Concentrix also updated its FY 2026 guidance to 10.970-11.090 EPS.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on CNXC shares. Bank of America dropped their price objective on Concentrix from $32.00 to $26.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 30th. Robert W. Baird lowered their target price on Concentrix from $40.00 to $30.00 and set an “outperform” rating for the company in a report on Tuesday, June 30th. Weiss Ratings restated a “sell (d)” rating on shares of Concentrix in a report on Friday, July 24th. Canaccord Genuity Group restated a “buy” rating and set a $45.00 price target on shares of Concentrix in a report on Wednesday. Finally, Barrington Research reduced their price objective on shares of Concentrix from $38.00 to $30.00 and set an “outperform” rating for the company in a research report on Tuesday, June 30th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Concentrix has a consensus rating of “Hold” and a consensus target price of $32.75.
Get Our Latest Report on Concentrix
Concentrix Stock Up 0.3%
Concentrix (NASDAQ:CNXC – Get Free Report) last released 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 positive return on equity of 22.78% and a negative net margin of 23.99%.The firm had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $2.48 billion. During the same quarter in the previous year, the company posted $2.78 earnings per share. The company’s quarterly revenue was down 1.2% on a year-over-year basis. 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, research analysts forecast that Concentrix will post 9.67 EPS for the current fiscal year.
Concentrix Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 3rd. Investors of record on Friday, October 23rd will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Friday, October 23rd. This is an increase from Concentrix’s previous quarterly dividend of $0.36. Concentrix’s payout ratio is -6.75%.
More Concentrix News
Here are the key news stories impacting Concentrix this week:
- Positive Sentiment: Adjusted third-quarter EPS was $2.92, above the $2.71 analyst consensus and up from $2.78 a year earlier. Concentrix also generated record third-quarter operating free cash flow of $268 million and adjusted free cash flow of $218 million. Concentrix Corporation Q3 Earnings Beat Estimates
- Positive Sentiment: The company increased its quarterly dividend to $0.37 per share from $0.36, equal to a $1.48 annualized payout and an approximately 5.6% yield. Canaccord Genuity also reaffirmed its buy rating with a $45 price target. Concentrix Reports Third Quarter 2026 Results
- Neutral Sentiment: Management said artificial intelligence is reshaping the business, with roughly 50% of revenue now coming from work won since the company introduced AI tools three years ago. The transition is intended to support future margin expansion, but it is also changing the revenue mix. Concentrix Stock Falls After Earnings as AI Transition Weighs on Revenue
- Negative Sentiment: Revenue fell 1.2% year over year to $2.45 billion, missing the $2.48 billion consensus estimate. Concentrix recorded a $1.05 billion goodwill impairment, producing a GAAP operating loss of $910.3 million and a 37.1% operating margin, although non-GAAP operating income was $309 million. Concentrix Posts Quarterly Loss After Goodwill Charge
- Negative Sentiment: Fourth-quarter guidance calls for EPS of $2.86–$2.98 and revenue of $2.4–$2.5 billion, below consensus estimates of $3.08 and $2.5 billion, respectively. Full-year revenue guidance of $9.8–$9.9 billion also trails the $10.0 billion consensus, reinforcing investor concerns about slower growth and AI-related transition pressures. Concentrix Shares Fall Amid Lower Revenue Outlook
About Concentrix
Concentrix Corporation is a global technology and services company that helps organizations manage customer experience, business operations and digital transformation. Its offerings include customer care, technical support, sales and marketing services, back-office support, analytics, artificial intelligence and automation solutions.
The company serves clients across industries such as technology and consumer electronics, retail, banking and financial services, healthcare, communications and media, travel, and automotive.
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