CNXC
Concentrix Corporation

Concentrix CorporationCNXC

Technology · Information Technology Services
30.51USD
+10.82%
Sep 23, 2026
CNXC overview ready
Concentrix is a technology-enabled customer-experience and digital-operations provider that designs, deploys, and operates customer-service, sales, trust-and-safety, analytics, and business-transformation workflows.
Narrative is still early
Exposed to the Enterprise Agentic AI Adoption narrative through AI-Enabled Customer Experience and Contact-Center Automation — enabling supplier.
Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of daily reclaim.
Fair valuation
The price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
High net debt level.
Market Sep 22Filing May 31Price action Sep 22Research Sep 15

Conviction Level

NarrativeHeat7.8ThemeHeat7.4PriceAction9.7Valuation3.5CompanyPosition7.3
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads early recovery, with a near-term setup of daily reclaim.
EntryReset + recovery

The stock is still rebuilding below its long-term weekly base, and the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$1.9B
Avg Volume (60D)
1.4M
60 sessions
Revenue Growth YoY
+2.2%
FY2025 vs FY2024
Gross Margin
+34.0%
Trailing twelve months
Operating Margin
-10.2%
Trailing twelve months
Free Cash Flow Yield
+27.6%
Distance from 200DMA
+3.2%
Next Earnings
2026-09-29
P/E
N/M
EV / Sales
0.6x
Market metrics as of Sep 22, 2026
Financial results for the period ended May 31, 2026
Filed balance-sheet data as of May 31, 2026

Fundamentals & Valuation

All three valuation perspectives agree this company is cheap. The published stance is held at fair because operating losses behind the low multiple.
Concentrix Corporation has a Fair valuation stance because the price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced. It trades at 0.6x revenue, broadly in line with what the business currently supports.

Company Research

Thesis
Concentrix is a technology-enabled customer-experience and digital-operations provider that designs, deploys, and operates customer-service, sales, trust-and-safety, analytics, and business-transformation workflows.
Opportunity
Moderate opportunity
Enterprise spending on agentic AI, conversational automation, workflow orchestration, and human-in-the-loop tools that automate routine customer interactions while improving agent productivity and service quality.
Key risk
High net debt level.

Narrative & Theme

Enterprise Agentic AI Adoption
Part of AI-Enabled Customer Experience and Contact-Center Automation, with moderate fit.
CNXC has a real, specific exposure to enterprise adoption of agentic AI in customer operations: it can sell and operate AI-enabled self-service and human-agent workflows for a large installed base of global clients.
Narrative HeatHeating up7.8 / 10
Theme HeatHeating up7.4 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Information Technology Services
What they do

Concentrix Corporation designs, builds, and operates integrated customer experience solutions globally, combining process optimization, technology innovation, automation, analytics, and business transformation services.

How it earns

The company generates revenue primarily through project-based and service contracts with clients across multiple industries.

Products & services
Customer experience process optimization
Technology innovation and design engineering
Front- and back-office automation
Analytics and business transformation services
Customers & end markets
Technology and consumer electronics
Retail, travel, and e-commerce
Communications and media
Banking, financial services, and insurance
Healthcare
Market position

Leader in the customer experience services industry with a broad global footprint and diversified client base.

Demand drivers
Medium cyclicality

Business depends on client spending on customer experience and digital transformation, which can fluctuate with economic cycles.