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Concentrix Corp (CNXC) Stock Fundamental Analysis & AI Rating 2026

CNXC Nasdaq Services-Business Services, NEC DE CIK: 0001803599
Updated This Month • Analysis: Mar 22, 2026 • SEC Data: 2025-11-30
Combined AI Rating
SELL
84% Confidence
STRONG AGREEMENT
SELL
85% Conf
SELL
84% Conf

📊 CNXC Key Takeaways

Revenue: $9.8B
Net Margin: -13.0%
Free Cash Flow: $572.5M
Current Ratio: 1.40x
Debt/Equity: 1.67x
EPS: $-20.36
AI Rating: SELL with 85% confidence
Concentrix Corp (CNXC) receives a SELL rating with 84% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $9.8B, net profit margin of -13.0%, and return on equity (ROE) of -46.6%, Concentrix Corp demonstrates mixed fundamentals in the Services sector. Below is our complete CNXC stock analysis for 2026.

Is Concentrix Corp (CNXC) a Good Investment?

Claude

Concentrix faces severe profitability challenges with negative operating (-9.3%) and net margins (-13.0%), generating a $1.3B net loss despite $9.8B in revenue. While operating cash flow remains positive at $807M and liquidity is adequate, the company's inability to convert revenue to profit, combined with high leverage (1.67x debt-to-equity) and significant insider activity, indicates structural operational problems requiring urgent turnaround actions.

ChatGPT

Concentrix shows weak fundamental quality despite modest revenue growth, with deeply negative operating and net margins overwhelming an otherwise solid gross margin profile. Positive operating cash flow and free cash flow provide some support, but elevated leverage and a large earnings collapse suggest the business currently has strained profitability and limited balance-sheet flexibility.

Why Buy Concentrix Corp Stock? CNXC Key Strengths

Claude
  • + Positive free cash flow generation of $572.5M provides financial flexibility
  • + Adequate liquidity with 1.40x current and quick ratios supporting near-term obligations
  • + Healthy gross margin of 35% demonstrates pricing power at the production level
  • + Stable revenue base of $9.8B with modest growth suggesting market demand presence
ChatGPT
  • + Positive operating cash flow and free cash flow indicate the business still converts revenue into cash despite accounting losses
  • + Gross margin of 35.0% suggests the core service model retains underlying economic value before overhead, restructuring, or non-operating charges
  • + Liquidity appears adequate with a 1.40x current ratio and 1.40x quick ratio

CNXC Stock Risks: Concentrix Corp Investment Risks

Claude
  • ! Severe operating loss of -$918.2M and net loss of -$1.3B indicating unsustainable cost structure
  • ! Negative ROE (-46.6%) and ROA (-11.9%) demonstrate poor capital allocation and asset utilization
  • ! High leverage ratio of 1.67x with $4.6B long-term debt limits financial flexibility during distress
  • ! Unable to calculate interest coverage ratio, suggesting potential debt servicing concerns
  • ! Deteriorating EPS performance (-648.8% YoY) signals worsening shareholder value destruction
ChatGPT
  • ! Operating income of -$918.18M and net income of -$1.28B point to severe profitability deterioration
  • ! Debt/Equity of 1.67x with $4.57B of long-term debt raises balance-sheet risk if earnings do not recover
  • ! Diluted EPS fell sharply and returns on equity/assets are deeply negative, signaling poor capital efficiency

Key Metrics to Watch

Claude
  • * Operating margin recovery trajectory and path to positive EBIT
  • * Debt reduction progress and debt-to-equity ratio improvement
  • * Net income return to profitability and net margin expansion
  • * Operating cash flow sustainability and FCF generation consistency
  • * Insider transaction patterns indicating management confidence in turnaround
ChatGPT
  • * Operating margin recovery and whether losses were one-time or structural
  • * Free cash flow durability relative to debt reduction needs

Concentrix Corp (CNXC) Financial Metrics & Key Ratios

Revenue
$9.8B
Net Income
$-1.3B
EPS (Diluted)
$-20.36
Free Cash Flow
$572.5M
Total Assets
$10.8B
Cash Position
$327.3M

💡 AI Analyst Insight

Concentrix Corp presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CNXC Profit Margin, ROE & Profitability Analysis

Gross Margin 35.0%
Operating Margin -9.3%
Net Margin -13.0%
ROE -46.6%
ROA -11.9%
FCF Margin 5.8%

CNXC vs Services Sector: How Concentrix Corp Compares

How Concentrix Corp compares to Services sector averages

Net Margin
CNXC -13.0%
vs
Sector Avg 10.0%
CNXC Sector
ROE
CNXC -46.6%
vs
Sector Avg 16.0%
CNXC Sector
Current Ratio
CNXC 1.4x
vs
Sector Avg 1.5x
CNXC Sector
Debt/Equity
CNXC 1.7x
vs
Sector Avg 0.7x
CNXC Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Concentrix Corp Stock Overvalued? CNXC Valuation Analysis 2026

Based on fundamental analysis, Concentrix Corp shows some fundamental concerns relative to the Services sector in 2026.

Return on Equity
-46.6%
Sector avg: 16%
Net Profit Margin
-13.0%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.67x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Concentrix Corp Balance Sheet: CNXC Debt, Cash & Liquidity

Current Ratio
1.40x
Quick Ratio
1.40x
Debt/Equity
1.67x
Debt/Assets
74.5%
Interest Coverage
N/A
Long-term Debt
$4.6B

CNXC Revenue & Earnings Growth: 5-Year Financial Trend

CNXC 5-year financial data: Year 2021: Revenue $5.6B, Net Income $117.2M, EPS $2.27. Year 2022: Revenue $6.3B, Net Income $164.8M, EPS $3.19. Year 2023: Revenue $7.1B, Net Income $405.6M, EPS $7.70. Year 2024: Revenue $9.6B, Net Income $435.0M, EPS $8.28. Year 2025: Revenue $9.8B, Net Income $313.8M, EPS $5.70.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Concentrix Corp's revenue has grown significantly by 76% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.70 reflects profitable operations.

CNXC Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
5.8%
Free cash flow / Revenue

CNXC Quarterly Earnings & Performance

Quarterly financial performance data for Concentrix Corp including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $2.4B $21.6M $0.33
Q3 2025 $2.4B $16.6M $0.25
Q2 2025 $2.4B $42.1M $0.63
Q1 2025 $2.4B $52.1M $0.76
Q3 2024 $1.6B $16.6M $0.25
Q2 2024 $1.6B $66.8M $0.98
Q1 2024 $1.6B $52.1M $0.76
Q3 2023 $1.6B $77.6M $1.49

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Concentrix Corp Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$807.0M
Cash generated from operations
Stock Buybacks
$168.7M
Shares repurchased (TTM)
Capital Expenditures
$234.5M
Investment in assets
Dividends Paid
$89.6M
Returned to shareholders

CNXC SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Concentrix Corp (CIK: 0001803599)

📋 Recent SEC Filings

Date Form Document Action
Apr 9, 2026 4 xslF345X06/wk-form4_1775765996.xml View →
Apr 3, 2026 10-Q cnxc-20260228.htm View →
Mar 30, 2026 4 xslF345X06/wk-form4_1774906215.xml View →
Mar 27, 2026 4 xslF345X06/wk-form4_1774618526.xml View →
Mar 27, 2026 4 xslF345X06/wk-form4_1774617342.xml View →

Frequently Asked Questions about CNXC

What is the AI rating for CNXC?

Concentrix Corp (CNXC) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 84% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CNXC's key strengths?

Claude: Positive free cash flow generation of $572.5M provides financial flexibility. Adequate liquidity with 1.40x current and quick ratios supporting near-term obligations. ChatGPT: Positive operating cash flow and free cash flow indicate the business still converts revenue into cash despite accounting losses. Gross margin of 35.0% suggests the core service model retains underlying economic value before overhead, restructuring, or non-operating charges.

What are the risks of investing in CNXC?

Claude: Severe operating loss of -$918.2M and net loss of -$1.3B indicating unsustainable cost structure. Negative ROE (-46.6%) and ROA (-11.9%) demonstrate poor capital allocation and asset utilization. ChatGPT: Operating income of -$918.18M and net income of -$1.28B point to severe profitability deterioration. Debt/Equity of 1.67x with $4.57B of long-term debt raises balance-sheet risk if earnings do not recover.

What is CNXC's revenue and growth?

Concentrix Corp reported revenue of $9.8B.

Does CNXC pay dividends?

Concentrix Corp pays dividends, with $89.6M distributed to shareholders in the trailing twelve months.

Where can I find CNXC SEC filings?

Official SEC filings for Concentrix Corp (CIK: 0001803599) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CNXC's EPS?

Concentrix Corp has a diluted EPS of $-20.36.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CNXC a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Concentrix Corp has a SELL rating with 84% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is CNXC stock overvalued or undervalued?

Valuation metrics for CNXC: ROE of -46.6% (sector avg: 16%), net margin of -13.0% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy CNXC stock in 2026?

Our dual AI analysis gives Concentrix Corp a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CNXC's free cash flow?

Concentrix Corp's operating cash flow is $807.0M, with capital expenditures of $234.5M. FCF margin is 5.8%.

How does CNXC compare to other Services stocks?

Vs Services sector averages: Net margin -13.0% (avg: 10%), ROE -46.6% (avg: 16%), current ratio 1.40 (avg: 1.5).

Is Concentrix Corp carrying too much debt?

CNXC has a debt-to-equity ratio of 1.67x, which is above the Services sector average of 0.7x. However, the current ratio of 1.40 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 22, 2026 | Data as of: 2025-11-30 | Powered by Claude AI