Insight Enterprises (NASDAQ:NSIT) Stock Gets Price Target Boost from Canaccord Genuity Group

Insight Enterprises (NASDAQ:NSIT) had its target price lifted by investment analysts at Canaccord Genuity Group from $140.00 to $175.00 in a research note issued on Friday, Benzinga reports. The firm presently has a “hold” rating on the software maker’s stock. Canaccord Genuity Group‘s target price suggests a potential upside of 10.68% from the stock’s previous close.

A number of other analysts have also issued reports on the stock. Barrington Research set a $180.00 price target on shares of Insight Enterprises in a research note on Monday, August 10th. Zacks Research cut shares of Insight Enterprises from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 6th. Wall Street Zen downgraded shares of Insight Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 12th. JPMorgan Chase & Co. raised their price objective on shares of Insight Enterprises from $135.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Finally, Weiss Ratings raised shares of Insight Enterprises from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, October 28th. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $172.50.

Insight Enterprises Stock Up 3.5%

NASDAQ NSIT traded up $5.40 during mid-day trading on Friday, reaching $158.12. 143,069 shares of the company’s stock traded hands, compared to its average volume of 436,251. Insight Enterprises has a 1-year low of $63.62 and a 1-year high of $182.12. The company has a fifty day simple moving average of $162.69 and a 200-day simple moving average of $114.85. The company has a current ratio of 1.18, a quick ratio of 1.15 and a debt-to-equity ratio of 0.92. The company has a market cap of $4.64 billion, a price-to-earnings ratio of 23.20, a P/E/G ratio of 1.27 and a beta of 1.06.

Insight Enterprises (NASDAQ:NSIT) last posted its quarterly earnings data on Thursday, November 5th. The software maker reported $3.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.85 by $0.74. Insight Enterprises had a return on equity of 22.70% and a net margin of 2.45%. The company had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.15 billion. During the same period in the previous year, the business earned $2.43 EPS. Insight Enterprises’s revenue for the quarter was up 21.8% compared to the same quarter last year. Insight Enterprises has set its FY 2026 guidance at 13.550-13.750 EPS. As a group, equities research analysts expect that Insight Enterprises will post 11.50 EPS for the current year.

Insider Transactions at Insight Enterprises

In other Insight Enterprises news, General Counsel Karim Adatia sold 248 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $157.40, for a total transaction of $39,035.20. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.21% of the stock is owned by insiders.

Institutional Investors Weigh In On Insight Enterprises

A number of institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new position in Insight Enterprises during the second quarter worth $587,162,000. Paradigm Capital Management Inc. NY acquired a new position in Insight Enterprises in the second quarter worth $116,563,000. Bank of America Corp DE bought a new stake in Insight Enterprises during the second quarter valued at $36,643,000. Alyeska Investment Group L.P. bought a new stake in Insight Enterprises during the second quarter valued at $26,602,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Insight Enterprises during the second quarter worth $21,892,000.

Key Headlines Impacting Insight Enterprises

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

• Positive Sentiment: Q3 adjusted EPS of $3.59 topped analyst expectations of about $2.85, while revenue of $2.44 billion exceeded the $2.15 billion consensus and grew 21.8% year over year. Coverage attributed the strength in part to AI infrastructure demand. Insight Enterprises Q3 2026: A 26% Earnings Beat Driven by AI Infrastructure
• Positive Sentiment: The company raised its FY 2026 EPS guidance to $13.55–$13.75, above the cited analyst consensus of $12.30. The higher outlook reinforces the favorable earnings news. Insight Enterprises beats estimates and updates FY26 outlook
• Negative Sentiment: A separate report said Q3 profit fell, a potential concern despite the strong adjusted EPS, revenue beat, and improved full-year guidance. Insight Enterprises Q3 profit falls, lifts FY earnings outlook

About Insight Enterprises

Insight Enterprises, Inc is a global technology solutions provider that helps businesses and public-sector organizations plan, acquire, implement and manage information technology. The company offers hardware, software and cloud solutions, along with consulting, systems integration, managed services and technical support.

Its portfolio includes workplace and data-center technologies, cloud and data-center modernization, cybersecurity, networking, data and artificial intelligence solutions, and software licensing and asset management.