Concentrix (NASDAQ:CNXC) Announces FY 2026 Earnings Guidance

Concentrix (NASDAQ:CNXC) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 10.970-11.090 for the period, compared to the consensus EPS estimate of 10.890. The company issued revenue guidance of $9.8 billion-$9.9 billion, compared to the consensus revenue estimate of $10.0 billion. Concentrix also updated its Q4 2026 guidance to 2.860-2.980 EPS.

Concentrix Price Performance

Shares of CNXC opened at $24.95 on Thursday. The firm has a market capitalization of $1.52 billion, a PE ratio of -0.64, a PEG ratio of 0.46 and a beta of 0.47. The company’s 50-day moving average is $27.04 and its 200-day moving average is $26.48. Concentrix has a fifty-two week low of $19.12 and a fifty-two week high of $49.37. The company has a debt-to-equity ratio of 1.46, a current ratio of 1.18 and a quick ratio of 1.18.

Concentrix (NASDAQ:CNXC) last announced its earnings results on Tuesday, September 29th. The company reported $2.92 EPS for the quarter, topping the consensus estimate of $2.71 by $0.21. The business had revenue of $2.45 billion during the quarter, compared to the consensus estimate of $2.48 billion. Concentrix had a negative net margin of 23.99% and a positive return on equity of 22.78%. Concentrix’s revenue was down 1.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.78 EPS. Concentrix has set its FY 2026 guidance at 10.970-11.090 EPS and its Q4 2026 guidance at 2.860-2.980 EPS. Equities analysts forecast that Concentrix will post 9.67 EPS for the current year.

Concentrix Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 3rd. Stockholders of record on Friday, October 23rd will be given a $0.37 dividend. The ex-dividend date of this dividend is Friday, October 23rd. This is a positive change from Concentrix’s previous quarterly dividend of $0.36. This represents a $1.48 annualized dividend and a dividend yield of 5.9%. Concentrix’s dividend payout ratio (DPR) is currently -6.75%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Robert W. Baird lowered their target price on Concentrix from $40.00 to $30.00 and set an “outperform” rating on the stock in a research note on Tuesday, June 30th. Zacks Research upgraded Concentrix from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. Barrington Research decreased their price objective on Concentrix from $38.00 to $30.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. Bank of America lowered their price objective on Concentrix from $32.00 to $26.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 30th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a $45.00 target price on shares of Concentrix in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $32.75.

Key Headlines Impacting Concentrix

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.