ConcentrixCNXC
CNXC
About: Concentrix Corp is a technology enabled company specialized in customer engagement and customer management. The company provides end-to-end capabilities, including CX process optimization, technology innovation and design engineering, front- and back-office automation, analytics and business transformation services to clients in five industry verticals. The Company's verticals are technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, and healthcare. Geographically, the company operates in Philippines, Unites States, India, Frances and Others. Maximum revenue is from Technology and consumer electronics industry and geographically from Philippines.
Employees: 450,000
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
47% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 75
38% more call options, than puts
Call options by funds: $15.1M | Put options by funds: $11M
23% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 48
5.95% more ownership
Funds ownership: 82.13% [Q3] → 88.08% (+5.95%) [Q4]
2% more funds holding
Funds holding: 282 [Q3] → 289 (+7) [Q4]
9% less capital invested
Capital invested by funds: $2.73B [Q3] → $2.48B (-$258M) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$54
6%
upside
Avg. target
$57
11%
upside
High target
$59
16%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Barrington Research Vincent Colicchio 59% 1-year accuracy 41 / 70 met price target | 6%upside $54 | Outperform Maintained | 27 Mar 2025 |
B of A Securities Ruplu Bhattacharya 44% 1-year accuracy 4 / 9 met price target | 16%upside $59 | Neutral Maintained | 27 Mar 2025 |
Financial journalist opinion
Based on 3 articles about CNXC published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
Concentrix Named a Leader in Everest Group's Trust and Safety Services PEAK Matrix® Assessment for Fifth Consecutive Year
NEWARK, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC ), a global technology and services leader, today announced that leading research firm Everest Group has positioned the company as a Leader in its Trust and Safety Services PEAK Matrix® Assessment 2025 for a fifth consecutive year, recognizing its market impact on the industry and ability to deliver services successfully.
Neutral
GlobeNewsWire
2 weeks ago
Varonis and Concentrix Forge Partnership to Deliver Data Security for the AI Revolution
MIAMI, April 16, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) announced a strategic partnership with Concentrix Corporation (NASDAQ: CNXC) to deliver end-to-end solutions to help large enterprises implement and harness AI safely and effectively while protecting what matters most — data. The partnership brings together two global security leaders.
Positive
Seeking Alpha
4 weeks ago
Concentrix: An Undervalued AI Beneficiary
Concentrix is transitioning to an AI-focused business model, enhancing digital transformation and customer service with AI tools like GenAI Conversational Assist. Despite a slight revenue decline in recent Q1 2025, Concentrix showed strong profitability with improved EBIT and net margins, and significant debt reduction. Considering the $625 million cash flow guidance, the stock is trading at less than 6 times cash flow despite rising nearly 20% since the quarterly report.
Positive
Market Watch
1 month ago
Concentrix Shares Surge 36% After 1Q Beat, Raised FY Revenue Outlook
Shares of Concentrix surged a day after the company's first-quarter results came in ahead of management and Wall Street expectations, and raised its outlook for the year.
Positive
Market Watch
1 month ago
Stocks to Watch: H.B. Fuller, Concentrix, Steelcase, Petco Health & Wellness
H.B. Fuller's profit and sales fell in its fiscal first quarter, but results topped Wall Street's estimates. The adhesives manufacturer logged adjusted earnings of 54 cents on revenue of $788.7 million, ahead of analyst expectations for adjusted earnings of 49 cents on revenue of 769 million, according to FactSet.
Neutral
Seeking Alpha
1 month ago
Concentrix Corporation (CNXC) Q1 2025 Earnings Call Transcript
Concentrix Corporation (NASDAQ:CNXC ) Q1 2025 Earnings Conference Call March 26, 2025 5:00 PM ET Company Participants Sara Buda - Vice President, Investor Relations Chris Caldwell - President and Chief Executive Officer Andre Valentine - Chief Financial Officer Conference Call Participants Joseph Vafi - Canaccord Genuity David Koning - Baird Ruplu Bhattacharya - Bank of America Securities Vincent Colicchio - Barrington Research Divya Goyal - Scotiabank Operator Good day and thank you for standing by. Welcome to Concentrix's First Quarter 2025 Earnings Call.
Neutral
GlobeNewsWire
1 month ago
Concentrix Reports First Quarter 2025 Results
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.
Neutral
GlobeNewsWire
1 month ago
Concentrix Schedules Release of First Quarter 2025 Financial Results and Webcast of Investor Conference Call
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.
Neutral
GlobeNewsWire
2 months ago
Introducing iX Hello™2.0: Smarter multi-modal customer facing assistants that are easy to create, customize and integrate across the enterprise
Concentrix Introduces iX Hello™2.0: Smarter multi-modal customer facing assistants that are easy to create, customize and integrate across the enterprise
Positive
Seeking Alpha
3 months ago
Concentrix: Better Than Expected Results, GenAI, And Cheap
Concentrix Corporation delivered better-than-expected EPS and revenue, driven by significant investments in its GenAI product suite and a booming AI customer experience market. The AI in customer experience market is projected to grow at a 22% CAGR, potentially boosting CNXC's future revenue and free cash flow growth. Despite risks from high debt levels and potential global tariffs, CNXC's substantial headcount growth and consistent net income make it appear undervalued.
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