Insight Enterprises (NASDAQ:NSIT) Price Target Raised to $160.00

Insight Enterprises (NASDAQ:NSITGet Free Report) had its target price lifted by investment analysts at JPMorgan Chase & Co. from $135.00 to $160.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the software maker’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 5.97% from the stock’s previous close.

A number of other research firms have also weighed in on NSIT. Weiss Ratings upgraded Insight Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Wall Street Zen downgraded Insight Enterprises from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 2nd. Raymond James Financial reissued an “outperform” rating and issued a $175.00 price target on shares of Insight Enterprises in a research report on Thursday. Needham & Company LLC raised shares of Insight Enterprises to an “overweight” rating in a report on Wednesday, May 27th. Finally, Canaccord Genuity Group set a $75.00 target price on shares of Insight Enterprises in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Insight Enterprises currently has an average rating of “Moderate Buy” and a consensus price target of $132.50.

Read Our Latest Stock Analysis on Insight Enterprises

Insight Enterprises Stock Up 1.2%

Shares of NSIT traded up $1.79 on Friday, reaching $150.98. The company’s stock had a trading volume of 125,911 shares, compared to its average volume of 471,651. Insight Enterprises has a twelve month low of $63.62 and a twelve month high of $154.57. The stock has a market capitalization of $4.56 billion, a PE ratio of 26.28, a PEG ratio of 1.29 and a beta of 1.07. The company has a current ratio of 1.22, a quick ratio of 1.17 and a debt-to-equity ratio of 0.92. The firm has a fifty day moving average of $117.37 and a 200-day moving average of $93.55.

Insight Enterprises (NASDAQ:NSITGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The software maker reported $3.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.93 by $0.93. The business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.18 billion. Insight Enterprises had a return on equity of 20.89% and a net margin of 2.17%.The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.45 EPS. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. Equities analysts predict that Insight Enterprises will post 10.89 EPS for the current year.

Insiders Place Their Bets

In related news, CFO James A. Morgado bought 2,290 shares of Insight Enterprises stock in a transaction dated Monday, May 11th. The stock was purchased at an average cost of $87.25 per share, with a total value of $199,802.50. Following the transaction, the chief financial officer directly owned 17,246 shares of the company’s stock, valued at approximately $1,504,713.50. The trade was a 15.31% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.21% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Insight Enterprises

Several institutional investors have recently bought and sold shares of the company. Bank of New York Mellon Corp bought a new stake in shares of Insight Enterprises in the second quarter valued at $21,892,000. Assenagon Asset Management S.A. grew its stake in shares of Insight Enterprises by 34.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 60,746 shares of the software maker’s stock worth $7,399,000 after acquiring an additional 15,623 shares during the period. Baron Wealth Management LLC purchased a new stake in Insight Enterprises in the 2nd quarter worth about $221,000. Henshaw Capital LLC increased its holdings in Insight Enterprises by 27.2% in the 1st quarter. Henshaw Capital LLC now owns 18,620 shares of the software maker’s stock worth $1,248,000 after acquiring an additional 3,981 shares during the last quarter. Finally, Glenmede Trust Co. NA raised its stake in Insight Enterprises by 81.2% in the 1st quarter. Glenmede Trust Co. NA now owns 4,783 shares of the software maker’s stock valued at $321,000 after acquiring an additional 2,143 shares during the period.

Key Insight Enterprises News

Here are the key news stories impacting Insight Enterprises this week:

  • Positive Sentiment: Q2 results beat estimates: Revenue rose 14.7% year over year to approximately $2.40 billion, surpassing the $2.18 billion consensus estimate. Adjusted EPS was $3.86, ahead of estimates ranging from $2.93 to $2.95 and up from $2.45 a year earlier. Insight Enterprises Q2 Earnings and Revenues Beat Estimates
  • Positive Sentiment: Profitability improved materially: Gross profit increased 18% to $521.6 million, and gross margin expanded 60 basis points to 21.7%. Reported net earnings rose 65% to $77.6 million, indicating operating leverage despite the company’s relatively low 2.17% net margin. Insight Enterprises Q2 Net Sales Rise 15% as Earnings Jump 65%
  • Positive Sentiment: Full-year guidance was raised: Insight now expects 2026 adjusted EPS of $12.20 to $12.70, above the approximately $11.30 analyst consensus, and increased its gross-profit growth outlook to 8%–10%. The guidance upgrade is likely the strongest catalyst for the stock because it suggests management expects the momentum to continue. Insight Outlines 2026 Adjusted EPS and Gross Profit Outlook
  • Positive Sentiment: Growth was broad-based: North America sales increased 15% to $1.9 billion, EMEA sales rose 8% to $375.2 million, and APAC sales jumped 46% to $85.6 million. Insight Enterprises 2026 Q2 Results Presentation

Insight Enterprises Company Profile

(Get Free Report)

Insight Enterprises, Inc is a global technology provider headquartered in Tempe, Arizona. Founded in 1988, the company specializes in helping organizations harness the power of digital transformation by offering a comprehensive portfolio of IT hardware, software, cloud and licensing management solutions. Insight’s expertise spans across the full technology lifecycle, from initial strategy and consulting to implementation, integration and ongoing managed services.

At the core of Insight’s business are its consulting and professional services, which guide clients through complex technology environments and ensure optimal deployment of solutions.

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Analyst Recommendations for Insight Enterprises (NASDAQ:NSIT)

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