Free Trial

Wall Street Zen Downgrades Insight Enterprises (NASDAQ:NSIT) to Hold

Insight Enterprises logo with Retail/Wholesale background
Image from MarketBeat Media, LLC.

Key Points

  • Wall Street Zen downgraded Insight Enterprises (NSIT) from a buy to a hold; the analyst mix is 1 buy / 1 hold / 2 sell with a consensus rating of “Reduce” and an average target of $96.67, while JPMorgan cut its target to $80 and Weiss Ratings maintains a sell.
  • Insight beat Q4 EPS estimates ($2.96 vs. $2.82) but revenue missed slightly at $2.05B, and the company issued FY2026 guidance of $11.00–$11.50 EPS versus analysts’ average forecast of 10.88.
  • Shares trade around $72.77 (market cap ~$2.21B, P/E ~14.6), near the one-year low of $63.62 and substantially below the average analyst target of $96.67.
  • MarketBeat previews the top five stocks to own by June 1st.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a report released on Saturday.

A number of other brokerages also recently issued reports on NSIT. Barrington Research reiterated an "outperform" rating and set a $120.00 price objective on shares of Insight Enterprises in a research note on Friday, February 6th. JPMorgan Chase & Co. reduced their target price on Insight Enterprises from $90.00 to $80.00 and set an "underweight" rating on the stock in a report on Thursday, April 16th. Weiss Ratings reissued a "sell (d+)" rating on shares of Insight Enterprises in a report on Thursday, April 2nd. Finally, Canaccord Genuity Group set a $90.00 price objective on Insight Enterprises in a research note on Friday, February 6th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Insight Enterprises has a consensus rating of "Reduce" and an average target price of $96.67.

Read Our Latest Stock Analysis on Insight Enterprises

Insight Enterprises Trading Down 0.2%

Shares of NSIT stock opened at $72.77 on Friday. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 0.83. The stock has a market cap of $2.21 billion, a P/E ratio of 14.64, a price-to-earnings-growth ratio of 0.74 and a beta of 0.96. The stock has a 50 day simple moving average of $75.75 and a 200 day simple moving average of $84.18. Insight Enterprises has a 1 year low of $63.62 and a 1 year high of $148.58.

Insight Enterprises (NASDAQ:NSIT - Get Free Report) last issued its quarterly earnings results on Thursday, February 5th. The software maker reported $2.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.82 by $0.14. The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.08 billion. Insight Enterprises had a return on equity of 19.61% and a net margin of 1.91%.The firm's quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.66 earnings per share. Insight Enterprises has set its FY 2026 guidance at 11.000-11.500 EPS. On average, research analysts predict that Insight Enterprises will post 10.88 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NSIT. Xponance Inc. boosted its holdings in shares of Insight Enterprises by 5.1% during the 3rd quarter. Xponance Inc. now owns 2,454 shares of the software maker's stock valued at $278,000 after acquiring an additional 119 shares in the last quarter. State of Wyoming increased its holdings in Insight Enterprises by 9.2% in the 3rd quarter. State of Wyoming now owns 1,456 shares of the software maker's stock worth $165,000 after purchasing an additional 123 shares in the last quarter. Covestor Ltd raised its position in Insight Enterprises by 24.3% in the third quarter. Covestor Ltd now owns 665 shares of the software maker's stock valued at $75,000 after purchasing an additional 130 shares during the last quarter. Creative Planning raised its position in Insight Enterprises by 1.8% in the third quarter. Creative Planning now owns 7,630 shares of the software maker's stock valued at $865,000 after purchasing an additional 135 shares during the last quarter. Finally, CWM LLC boosted its stake in shares of Insight Enterprises by 39.2% during the fourth quarter. CWM LLC now owns 529 shares of the software maker's stock valued at $43,000 after purchasing an additional 149 shares in the last quarter.

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.

Read More

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.

Should You Invest $1,000 in Insight Enterprises Right Now?

Before you consider Insight Enterprises, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Insight Enterprises wasn't on the list.

While Insight Enterprises currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines