CNXC Stock Forecast & Price Target

Concentrix Corp is projected to experience improving gross margins and revenue growth driven by the incorporation of technology into its offerings and the strategic shift of human agent delivery offshore. The company reported a year-over-year revenue increase of 4% and a sequential growth of 3%, with updated guidance suggesting constant currency revenue growth for the full year in the 1.75-2.0% range. Furthermore, Concentrix's strong sales pipeline and the integration of proprietary AI solutions into nearly 40% of new contracts highlight its commitment to high-margin products and a positive trajectory for future earnings.

Concentrix Corporation has experienced a decline in adjusted EBITDA margins, which fell year-over-year from 16.3% to 14.5% in fiscal Q3/25, reflecting challenges in maintaining profitability. Additionally, adjusted operating margins decreased from 13.9% to 12.3% during the same period, alongside a reduction in non-GAAP operating income guidance from $1,300-1,320 million to $1,250-1,260 million. The company's revenue mix has shifted away from commoditized revenue, contributing to performance issues and illustrating underlying operational weaknesses that continue to impact financial outcomes adversely.