Is Concentrix Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 2 Wall Street analysts covering (NASDAQ: CNXC) stock is to Buy CNXC stock.
Out of 2 analysts, 0 (0%) are recommending CNXC as a Strong Buy, 2 (100%) are recommending CNXC as a Buy, 0 (0%) are recommending CNXC as a Hold, 0 (0%) are recommending CNXC as a Sell, and 0 (0%) are recommending CNXC as a Strong Sell.
What is CNXC's revenue growth forecast for 2024-2024?
(NASDAQ: CNXC) Concentrix's forecast annual revenue growth rate of 50.08% is forecast to beat the US Information Technology Services industry's average forecast revenue growth rate of -0.04%, and it is also forecast to beat the US market's average forecast revenue growth rate of 32.35%.
Concentrix's revenue in 2023 is $6,524,662,000.
In 2024, CNXC is forecast to generate $652,152,388,035 in revenue, with the lowest revenue forecast at $652,152,388,035 and the highest revenue forecast at $652,152,388,035.
What is CNXC's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: CNXC) forecast ROA is N/A, which is lower than the forecast US Information Technology Services industry average of 11.86%.
What is CNXC's Price Target?
According to 2 Wall Street analysts that have issued a 1 year CNXC price target, the average CNXC price target is $109.00, with the highest CNXC stock price forecast at $120.00 and the lowest CNXC stock price forecast at $98.00.
On average, Wall Street analysts predict that Concentrix's share price could reach $109.00 by Aug 24, 2024. The average Concentrix stock price prediction forecasts a potential upside of 15.25% from the current CNXC share price of $94.58.
What is CNXC's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: CNXC) forecast ROE is N/A, which is considered weak.
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