Insight Enterprises (NASDAQ:NSIT – Free Report) had its target price upped by JPMorgan Chase & Co. from $135.00 to $160.00 in a report issued on Friday,Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the software maker’s stock.
Other research analysts have also issued reports about the stock. Zacks Research raised shares of Insight Enterprises from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 7th. Needham & Company LLC upgraded Insight Enterprises to an “overweight” rating in a research note on Wednesday, May 27th. Weiss Ratings raised Insight Enterprises from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday. Raymond James Financial restated an “outperform” rating and issued a $175.00 target price on shares of Insight Enterprises in a research report on Thursday. Finally, Wall Street Zen lowered Insight Enterprises from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $132.50.
Check Out Our Latest Research Report on NSIT
Insight Enterprises Stock Performance
Insight Enterprises (NASDAQ:NSIT – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The software maker reported $3.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.93 by $0.93. The business had revenue of $2.40 billion for the quarter, compared to the consensus estimate of $2.18 billion. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The company’s revenue was up 14.7% compared to the same quarter last year. During the same period last year, the firm posted $2.45 earnings per share. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. As a group, research analysts forecast that Insight Enterprises will post 10.89 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Insight Enterprises news, CFO James A. Morgado acquired 2,290 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average price of $87.25 per share, with a total value of $199,802.50. Following the purchase, the chief financial officer owned 17,246 shares in the company, valued at approximately $1,504,713.50. The trade was a 15.31% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.21% of the company’s stock.
Institutional Investors Weigh In On Insight Enterprises
Large investors have recently made changes to their positions in the stock. Royal Bank of Canada lifted its position in Insight Enterprises by 684.8% during the first quarter. Royal Bank of Canada now owns 24,422 shares of the software maker’s stock worth $3,664,000 after buying an additional 21,310 shares in the last quarter. AQR Capital Management LLC grew its holdings in Insight Enterprises by 39.7% in the 1st quarter. AQR Capital Management LLC now owns 15,097 shares of the software maker’s stock valued at $2,264,000 after buying an additional 4,293 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Insight Enterprises in the 1st quarter valued at $221,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Insight Enterprises by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,216 shares of the software maker’s stock worth $2,432,000 after acquiring an additional 714 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Insight Enterprises by 5.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 74,259 shares of the software maker’s stock worth $11,138,000 after acquiring an additional 3,722 shares during the last quarter.
More Insight Enterprises News
Here are the key news stories impacting Insight Enterprises this week:
- Positive Sentiment: Strong Q2 earnings beat: Insight reported adjusted diluted EPS of $3.86, well above the roughly $2.93-$2.95 consensus estimate and up 44% from the prior year. Revenue increased 14.7% to $2.40 billion, exceeding analysts’ $2.18 billion forecast. Insight Enterprises Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Profitability improved: Gross profit rose 18% to $521.6 million, gross margin expanded 60 basis points to 21.7%, and consolidated net earnings climbed 65% year over year to $77.6 million. North America sales rose 15%, while APAC sales jumped 46%. Insight Enterprises Q2 net sales rise 15% as earnings jump 65%
- Positive Sentiment: 2026 guidance raised: Management reiterated adjusted EPS guidance of $12.20-$12.70, above the approximately $11.30 analyst consensus, and increased its full-year gross-profit growth outlook to 8%-10%. Insight outlines 2026 adjusted EPS and gross profit outlook
- Neutral Sentiment: JPMorgan raised its price target for NSIT from $135 to $160 but maintained a “neutral” rating. The higher target signals improved earnings expectations, although the unchanged rating suggests the bank sees the shares as fairly valued after their substantial advance. Benzinga
Insight Enterprises Company Profile
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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