CNXC

Concentrix Corp.'s stock price has experienced a notable decline over the past year, with a 47.7% decrease in closing prices from October 6, 2025, to October 6, 2026. Over the past six months, the stock has fallen by 10.92%. A significant event impacting the stock was the company's third-quarter 2026 results, reported on September 29, 2026. Concentrix reported a $988.1 million quarterly net loss, which included a substantial non-cash goodwill impairment charge of $1,050.0 million. This impairment was primarily triggered by a sustained decrease in the company's stock price and market capitalization falling below the carrying value of its reporting unit. The largest daily stock move recorded was a -19.9% close on March 24, 2026. Despite the net loss, the company exceeded its profitability guidance for the quarter, generated record-high third-quarter free cash flow, and increased its quarterly dividend to $0.37 per share payable on November 3, 2026.