Insight Enterprises (NASDAQ:NSIT) Upgraded to Strong-Buy at Wall Street Zen

Key Points

• Wall Street Zen upgraded Insight Enterprises to “strong buy” from “buy,” while MarketBeat reports a “Moderate Buy” consensus rating and a $147.50 average price target.
• Insight exceeded quarterly expectations, reporting $3.86 EPS versus $2.93 expected and $2.40 billion in revenue, up 14.7% year over year. The company guided to fiscal 2026 EPS of $12.20–$12.70.
• Institutional ownership increased significantly, including new stakes from BlackRock and Paradigm Capital and a major holding increase by California State Teachers’ Retirement System.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued to investors on Saturday.

Other analysts have also recently issued research reports about the company. Zacks Research upgraded Insight Enterprises from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 7th. Needham & Company LLC raised Insight Enterprises to an "overweight" rating in a research report on Wednesday, May 27th. JPMorgan Chase & Co. boosted their price objective on Insight Enterprises from $135.00 to $160.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Raymond James Financial reissued an "outperform" rating and issued a $175.00 target price on shares of Insight Enterprises in a report on Thursday, August 6th. Finally, Barrington Research set a $180.00 target price on shares of Insight Enterprises in a research note on Monday, August 10th. One 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 stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $147.50.

Insight Enterprises Trading Down 0.4%

Shares of NASDAQ:NSIT opened at $155.65 on Friday. The company has a market cap of $4.57 billion, a P/E ratio of 22.79, a PEG ratio of 1.13 and a beta of 1.07. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.18 and a quick ratio of 1.15. Insight Enterprises has a 1 year low of $63.62 and a 1 year high of $158.57. The stock's fifty day moving average price is $130.09 and its 200-day moving average price is $101.11.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last issued its earnings results on Thursday, August 6th. The software maker reported $3.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.93 by $0.93. The company had revenue of $2.40 billion for the quarter, compared to analysts' expectations of $2.18 billion. Insight Enterprises had a net margin of 2.45% and a return on equity of 22.70%. The firm's quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter last year, the company posted $2.45 earnings per share. Insight Enterprises has set its FY 2026 guidance at 12.200-12.700 EPS. Sell-side analysts expect that Insight Enterprises will post 11.5 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of NSIT. BlackRock Inc. bought a new stake in shares of Insight Enterprises in the 2nd quarter worth about $587,162,000. California State Teachers Retirement System lifted its holdings in Insight Enterprises by 11,754.5% during the 2nd quarter. California State Teachers Retirement System now owns 4,116,353 shares of the software maker's stock valued at $501,372,000 after buying an additional 4,081,629 shares in the last quarter. Morgan Stanley lifted its holdings in Insight Enterprises by 15.6% during the 4th quarter. Morgan Stanley now owns 2,681,920 shares of the software maker's stock valued at $218,496,000 after buying an additional 362,258 shares in the last quarter. State Street Corp boosted its position in Insight Enterprises by 3.2% in the 4th quarter. State Street Corp now owns 1,183,203 shares of the software maker's stock valued at $96,396,000 after buying an additional 36,566 shares during the period. Finally, Paradigm Capital Management Inc. NY purchased a new stake in Insight Enterprises in the 2nd quarter valued at about $116,563,000.

About Insight Enterprises

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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