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

Key Points

• JPMorgan raised Insight Enterprises’ price target from $135 to $160 while maintaining a neutral rating, implying roughly 6% upside from the prior close. The broader analyst consensus is a “Moderate Buy” with an average target of $132.50.
• Quarterly results exceeded expectations: EPS came in at $3.86 versus the $2.93 consensus, while revenue rose 14.7% year over year to $2.40 billion.
• Management issued strong fiscal 2026 guidance of $12.20–$12.70 in adjusted EPS and raised its gross-profit growth outlook to 8%–10%, supported by growth across North America, EMEA, and APAC.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) had its price objective upped by stock 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 target indicates a potential upside of 5.97% from the stock's previous close.

A number of other brokerages have also recently commented on NSIT. Weiss Ratings upgraded Insight Enterprises from a "hold (c-)" rating to a "hold (c)" rating in a research note on Monday. Raymond James Financial restated an "outperform" rating and issued a $175.00 price target on shares of Insight Enterprises in a research report on Thursday. Canaccord Genuity Group set a $75.00 price objective on shares of Insight Enterprises in a research note on Friday, May 8th. Zacks Research upgraded shares of Insight Enterprises from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 7th. Finally, Needham & Company LLC raised shares of Insight Enterprises to an "overweight" rating in a research note on Wednesday, May 27th. One equities research 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's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $132.50.

Insight Enterprises Price Performance

NSIT traded up $1.79 during trading on Friday, hitting $150.98. 125,911 shares of the stock traded hands, 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 company has a market cap of $4.56 billion, a price-to-earnings ratio of 26.28, a PEG ratio of 1.29 and a beta of 1.07. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.22 and a quick ratio of 1.17. The business has a 50 day moving average price of $117.37 and a 200 day moving average price of $93.55.

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

Insider Transactions at Insight Enterprises

In related news, CFO James A. Morgado bought 2,290 shares of the business's stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of $87.25 per share, with a total value of $199,802.50. Following the completion of the purchase, the chief financial officer directly owned 17,246 shares in the company, valued at $1,504,713.50. The trade was a 15.31% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.21% of the stock is currently owned by corporate insiders.

Institutional Trading of Insight Enterprises

Several large investors have recently made changes to their positions in the company. CWM LLC boosted its holdings in Insight Enterprises by 39.2% in the fourth quarter. CWM LLC now owns 529 shares of the software maker's stock worth $43,000 after acquiring an additional 149 shares in the last quarter. Torren Management LLC bought a new stake in shares of Insight Enterprises during the fourth quarter valued at approximately $44,000. Caitong International Asset Management Co. Ltd raised its position in shares of Insight Enterprises by 172.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 582 shares of the software maker's stock worth $47,000 after purchasing an additional 368 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Insight Enterprises by 40.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 592 shares of the software maker's stock worth $48,000 after purchasing an additional 170 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Insight Enterprises by 467.1% in the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the software maker's stock worth $66,000 after purchasing an additional 668 shares in the last quarter.

Key Stories Impacting Insight Enterprises

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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