Cognizant Technology Solutions (NASDAQ:CTSH) Stock Price Expected to Rise, TD Cowen Analyst Says

Cognizant Technology Solutions (NASDAQ:CTSH) had its price objective hoisted by investment analysts at TD Cowen from $47.00 to $54.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “hold” rating on the information technology service provider’s stock. TD Cowen’s price objective would indicate a potential upside of 1.43% from the company’s previous close.

Several other equities analysts also recently issued reports on CTSH. Citigroup reaffirmed a “neutral” rating on shares of Cognizant Technology Solutions in a report on Thursday. Jefferies Financial Group reduced their price target on shares of Cognizant Technology Solutions from $80.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, May 4th. Robert W. Baird set a $68.00 price objective on Cognizant Technology Solutions in a report on Thursday. Mizuho cut their price objective on Cognizant Technology Solutions from $87.00 to $68.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. lowered their price target on Cognizant Technology Solutions from $74.00 to $55.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Ten research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $62.52.

Cognizant Technology Solutions Price Performance

CTSH traded down $2.73 during trading on Thursday, hitting $53.24. The company’s stock had a trading volume of 4,420,541 shares, compared to its average volume of 8,306,688. The firm has a market capitalization of $25.23 billion, a price-to-earnings ratio of 11.52, a P/E/G ratio of 1.10 and a beta of 0.87. Cognizant Technology Solutions has a twelve month low of $37.08 and a twelve month high of $87.03. The business’s fifty day simple moving average is $47.13 and its 200 day simple moving average is $58.80. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.04.

Cognizant Technology Solutions (NASDAQ:CTSH) last announced its earnings results on Wednesday, July 29th. The information technology service provider reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.01). Cognizant Technology Solutions had a return on equity of 17.50% and a net margin of 10.41%.The business had revenue of $5.48 billion for the quarter, compared to analyst estimates of $5.48 billion. During the same period in the previous year, the company earned $1.31 earnings per share. The company’s quarterly revenue was up 4.5% compared to the same quarter last year. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. On average, equities research analysts forecast that Cognizant Technology Solutions will post 5.7 EPS for the current fiscal year.

Cognizant Technology Solutions declared that its Board of Directors has initiated a stock repurchase plan on Monday, May 18th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the information technology service provider to repurchase up to 9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Checchi Capital Advisers LLC grew its position in shares of Cognizant Technology Solutions by 3.4% in the fourth quarter. Checchi Capital Advisers LLC now owns 3,852 shares of the information technology service provider’s stock valued at $320,000 after purchasing an additional 127 shares during the period. Unison Advisors LLC increased its stake in shares of Cognizant Technology Solutions by 0.5% during the 4th quarter. Unison Advisors LLC now owns 30,095 shares of the information technology service provider’s stock valued at $2,498,000 after acquiring an additional 138 shares during the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of Cognizant Technology Solutions by 7.2% in the fourth quarter. TD Waterhouse Canada Inc. now owns 2,130 shares of the information technology service provider’s stock worth $177,000 after acquiring an additional 143 shares during the last quarter. Security National Bank of SO Dak grew its holdings in Cognizant Technology Solutions by 0.6% in the second quarter. Security National Bank of SO Dak now owns 24,635 shares of the information technology service provider’s stock valued at $1,922,000 after purchasing an additional 150 shares during the period. Finally, Cidel Asset Management Inc. raised its stake in Cognizant Technology Solutions by 3.0% during the fourth quarter. Cidel Asset Management Inc. now owns 5,535 shares of the information technology service provider’s stock worth $459,000 after purchasing an additional 163 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Cognizant Technology Solutions

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

• Positive Sentiment: Full-year adjusted EPS guidance was raised to $5.70–$5.82, above the prior outlook and slightly ahead of consensus. Cognizant maintained its adjusted operating-margin target of 16.0%–16.2%. Cognizant Reports Second Quarter 2026 Results
• Positive Sentiment: Second-quarter revenue increased 4.5% year over year to $5.48 billion, while operating margin expanded to 15.9%. Financial Services revenue rose 12%, trailing 12-month bookings grew 5% to $29.1 billion, and the company repurchased approximately $1.1 billion of stock. Cognizant Reports Second Quarter 2026 Results
• Positive Sentiment: Management highlighted more than 8,000 AI engagements, platform growth and major customer deals as it shifts toward scaling AI-led services. Wells Fargo raised its price target from $61 to $67 and maintained an Overweight rating. Cognizant Q2 Earnings Call Focuses on AI Builder Shift
• Neutral Sentiment: Cognizant declared a quarterly dividend of $0.33 per share, implying an annualized yield of roughly 2.4% based on the reported share price. Cognizant Dividend Announcement
• Negative Sentiment: Second-quarter adjusted EPS of $1.37 narrowly missed the $1.38 consensus estimate. More importantly, third-quarter revenue guidance of $5.6–$5.7 billion was below the approximately $5.7 billion analyst expectation, reflecting cautious client spending on discretionary IT projects. Cognizant Forecasts Weak Quarterly Revenue

Cognizant Technology Solutions Company Profile

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.