Is Concentrix Corp (CNXC) a Bargain After 4.0% Drop? GF Value Says Undervalued
On October 06, 2026, Concentrix Corp (CNXC) shares fell 4.0% to $24.84, marking a significant decline of 45.2% over the past year. The stock has traded within a
On October 06, 2026, Concentrix Corp (CNXC) shares fell 4.0% to $24.84, marking a significant decline of 45.2% over the past year. The stock has traded within a
Investors with an interest in Business - Services stocks have likely encountered both Concentrix Corporation (CNXC) and UL Solutions Inc. (ULS). But which of these two stocks presents investors with the better value opportunity right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Leidos (NYSE: LDOS - Get Free Report) and Concentrix (NASDAQ: CNXC - Get Free Report) are both industrials companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, valuation, analyst recommendations, institutional ownership, earnings, profitability and dividends. Profitability This table compares Leidos and Concentrix's net margins, return
SAN DIEGO, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP, a leading stockholder rights law firm, is investigating Concentrix Corporation (NASDAQ: CNXC) on behalf of investors who may have suffered losses. If you purchased Concentrix securities and suffered losses, please contact the firm to learn more about the investigation. There is no cost or obligation.
What happened Concentrix Corporation (NASDAQ: CNXC) reported third-quarter revenue of $2.45 billion and a GAAP loss after a $1.05 billion goodwill charge. Revenue was down 1.2% from $2.48 billion a year earlier. Operating loss was $(910.3) million, and operating margin was (37.1)% versus 5.9% in the prior-year quarter. Non-GAAP operating income was $309.0 million, and
Concentrix's fiscal third-quarter revenue missed analysts' estimates. The shortfall, however, reflects a shift in paying customers' preferences rather than a loss of customers.
Concentrix Corporation reported Q3 FY26 revenue of $2.45B, down 1.2% y/y, missing estimates, and issued a $1B goodwill impairment charge. CNXC's profitability remains pressured, with operating loss of $910M, but adjusted operating margin improved 30bps to 12.6% and interest coverage is healthy at 5.5x. Q3 results disappointed, with weak segment performance and a significant cut to FY26 and Q4 revenue guidance, driving a >10% post-market share drop.
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.2% on Wednesday.
About 50% of Concentrix's revenue is coming from business it earned since introducing AI tools three years ago.
Concentrix Corporation (CNXC) Q3 2026 Earnings Call Transcript
Concentrix Corporation (CNXC) came out with quarterly earnings of $2.92 per share, beating the Zacks Consensus Estimate of $2.71 per share. This compares to earnings of $2.78 per share a year ago.
Concentrix NASDAQ: CNXC said more than half of its revenue now comes from businesses generated over the past three years, underscoring the company's shift toward artificial intelligence-enabled services, transformed client programs and newer offerings such as risk and compliance.
Exceeded profitability guidance for the quarter Generated record-high third quarter free cash flow from operations of $268M, and adjusted free cash flow of $218M Increased quarterly dividend NEWARK, Calif., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal third quarter ended August 31, 2026.
Concentrix Corporation (NASDAQ:CNXC) will release its third-quarter earnings report after the closing bell on Tuesday, Sept. 29.
Bank of America Corp DE bought a new stake in shares of Concentrix Corporation (NASDAQ: CNXC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 814,446 shares of the company's stock, valued at approximately $18,248,000. Bank of America Corp DE owned 1.33%
Concentrix (CNXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Concentrix Corporation (NASDAQ:CNXC) will release earnings for its third quarter after the closing bell on Tuesday, Sept. 29.
NEWARK, Calif., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced findings of an independent market study, conducted by industry analyst firm, Everest Group.
NEWARK, Calif., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced that Everest Group has positioned the company as a Leader in its Customer Experience Management (CXM) Services PEAK Matrix® 2026, placing it highest on the vision axis across all regions.