Cognizant Technology Solutions (NASDAQ:CTSH) Price Target Cut to $88.00 by Analysts at Susquehanna

Cognizant Technology Solutions (NASDAQ:CTSH) had its target price decreased by equities research analysts at Susquehanna from $98.00 to $88.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “positive” rating on the information technology service provider’s stock. Susquehanna’s price target indicates a potential upside of 66.35% from the company’s previous close.

A number of other equities analysts also recently issued reports on the company. TD Cowen reaffirmed a “hold” rating and issued a $62.00 price target (down from $71.00) on shares of Cognizant Technology Solutions in a report on Thursday. UBS Group lowered their price target on Cognizant Technology Solutions from $67.00 to $64.00 and set a “neutral” rating for the company in a report on Monday, April 13th. Citigroup reaffirmed a “neutral” rating and issued a $58.00 price target (down from $68.00) on shares of Cognizant Technology Solutions in a report on Thursday. Guggenheim lowered their price target on Cognizant Technology Solutions from $85.00 to $80.00 and set a “buy” rating for the company in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft raised Cognizant Technology Solutions from a “hold” rating to a “buy” rating and set a $100.00 price target for the company in a report on Monday, January 26th. Ten equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cognizant Technology Solutions presently has a consensus rating of “Hold” and an average price target of $79.63.

Cognizant Technology Solutions Stock Performance

Shares of Cognizant Technology Solutions stock opened at $52.90 on Friday. Cognizant Technology Solutions has a one year low of $52.33 and a one year high of $87.03. The company has a market cap of $25.30 billion, a PE ratio of 11.50, a P/E/G ratio of 1.19 and a beta of 0.98. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.14 and a current ratio of 2.23. The business has a 50-day simple moving average of $60.88 and a 200-day simple moving average of $71.58.

Cognizant Technology Solutions (NASDAQ:CTSH) last announced its quarterly earnings data on Wednesday, April 29th. The information technology service provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. Cognizant Technology Solutions had a return on equity of 17.50% and a net margin of 10.41%.The business had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.41 billion. During the same period in the previous year, the company posted $1.23 earnings per share. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. On average, equities research analysts forecast that Cognizant Technology Solutions will post 5.65 EPS for the current fiscal year.

Insiders Place Their Bets

In other Cognizant Technology Solutions news, insider Surya Gummadi sold 1,728 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $83.06, for a total value of $143,527.68. Following the completion of the sale, the insider owned 25,641 shares in the company, valued at approximately $2,129,741.46. The trade was a 6.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.32% of the company’s stock.

Institutional Investors Weigh In On Cognizant Technology Solutions

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CTSH. Norges Bank purchased a new stake in Cognizant Technology Solutions in the fourth quarter valued at approximately $690,959,000. GQG Partners LLC purchased a new stake in Cognizant Technology Solutions in the fourth quarter valued at approximately $673,651,000. CIBC Bancorp USA Inc. purchased a new stake in Cognizant Technology Solutions in the third quarter valued at approximately $201,834,000. Cibc World Markets Corp purchased a new stake in Cognizant Technology Solutions in the fourth quarter valued at approximately $234,671,000. Finally, Pzena Investment Management LLC lifted its stake in Cognizant Technology Solutions by 14.9% in the first quarter. Pzena Investment Management LLC now owns 20,262,362 shares of the information technology service provider’s stock valued at $1,243,096,000 after buying an additional 2,633,683 shares during the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

Key Headlines Impacting Cognizant Technology Solutions

Here are the key news stories impacting Cognizant Technology Solutions this week:

• Positive Sentiment: Q1 EPS beat and margin commentary — Cognizant reported Q1 EPS of $1.40 (above consensus) and highlighted margin improvements that some analysts view as signs of operating leverage returning; this underpins buy-case arguments. Q1 earnings beat
• Positive Sentiment: Nomura raises price target — Nomura nudged its PT to $93 and maintains a buy stance, supporting upside scenarios tied to Cognizant’s AI/managed-services strategy. Nomura PT raise
• Positive Sentiment: Dividend and partnership — Cognizant declared a quarterly dividend ($0.33/share) and announced a Global AI Services partnership with the Aston Martin Aramco F1 Team, both signaling shareholder returns and marketing/AI positioning. Aston Martin AI partnership
• Negative Sentiment: Multiple broker downgrades/price-target cuts — Several large firms lowered PTs (Morgan Stanley to $63, JPMorgan to $74, Wells Fargo to $83, Guggenheim to $80, Wedbush to $56). The broad set of cuts is pressuring the stock and signals differing views on growth recovery and valuation. Morgan Stanley PT cut JPMorgan PT cut Wells Fargo PT cut
• Negative Sentiment: Investor concern on acquisition and outlook — The ~$600M Astreya acquisition (AI/managed services) and a softer Q2 revenue outlook / announced cost actions have prompted cautious reactions as investors weigh near-term margin and integration risks. Astreya acquisition Q2 outlook / cost cuts
• Negative Sentiment: Project Leap execution risk — Analysts flagged restructuring/program costs and litigation/legal risk tied to “Project Leap,” which could pressure productivity and profitability if execution slips. Project Leap risk

About Cognizant Technology Solutions

Cognizant Technology Solutions (NASDAQ: CTSH) is a global professional services company that provides information technology, consulting and business process services to large enterprises. Its core offerings include digital engineering, application development and maintenance, cloud migration and managed services, data analytics and artificial intelligence, cybersecurity, and industry-specific solutions. Cognizant works with clients to design and implement technology-enabled transformations that address customer experience, operational efficiency and new product and service delivery.

Founded in the 1990s and headquartered in Teaneck, New Jersey, Cognizant has grown into a multinational organization with delivery centers and operations across the Americas, Europe, and Asia.