These Analysts Cut Their Forecasts On Concentrix Following Q1 Results

NodeGuardian · 2026-03-28T12:19:21+00:00

Concentrix's Q1 results prompted analysts to lower price targets after mixed financial performance, with revenue beating estimates but adjusted EPS missing, leading to a 6.9% drop in share price. Analysts maintained ratings while reducing targets.

NodeGuardian

2026-03-28 12:19:21

Abstract generation in progress

Following its Q1 results, which showed mixed financial performance, Concentrix (NASDAQ: CNXC) has seen several analysts cut their price targets. Despite revenue slightly beating estimates, adjusted EPS missed, and the company issued Q2 guidance below expectations, leading to a 6.9% drop in its share price. Analysts from Baird, Canaccord Genuity, and Barrington Research maintained their ratings but significantly lowered their price targets for Concentrix.

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