Sidoti Issues Positive Outlook for Conduent Earnings

Conduent Inc. (NASDAQ:CNDT) – Equities research analysts at Sidoti boosted their Q3 2026 earnings per share (EPS) estimates for Conduent in a research note issued to investors on Wednesday, August 12th. Sidoti analyst M. Riddick now anticipates that the company will earn ($0.09) per share for the quarter, up from their previous forecast of ($0.13). The consensus estimate for Conduent’s current full-year earnings is ($0.29) per share. Sidoti also issued estimates for Conduent’s Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($0.37) EPS, Q1 2027 earnings at ($0.02) EPS, Q2 2027 earnings at ($0.07) EPS, Q3 2027 earnings at ($0.02) EPS, Q4 2027 earnings at $0.04 EPS and FY2027 earnings at ($0.06) EPS.

CNDT has been the topic of a number of other reports. Weiss Ratings reissued a “sell (d)” rating on shares of Conduent in a research note on Friday, July 17th. Zacks Research downgraded Conduent from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Finally, Noble Financial raised Conduent to a “strong-buy” rating in a research note on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Conduent Stock Performance

Shares of Conduent stock opened at $1.62 on Friday. The business has a 50-day moving average price of $1.51 and a two-hundred day moving average price of $1.50. Conduent has a 1-year low of $1.15 and a 1-year high of $2.98. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 1.09. The company has a market cap of $251.94 million, a P/E ratio of -1.07 and a beta of 1.44.

Conduent (NASDAQ:CNDT) last posted its quarterly earnings data on Monday, August 10th. The company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.01). The firm had revenue of $531.00 million during the quarter, compared to the consensus estimate of $702.00 million. Conduent had a negative net margin of 8.17% and a negative return on equity of 8.50%.

Institutional Trading of Conduent

Several large investors have recently made changes to their positions in the company. Blue Owl Capital Holdings LP grew its position in Conduent by 8.2% in the 4th quarter. Blue Owl Capital Holdings LP now owns 4,822,422 shares of the company’s stock valued at $9,259,000 after purchasing an additional 365,574 shares during the period. Renaissance Technologies LLC grew its holdings in shares of Conduent by 13.6% during the first quarter. Renaissance Technologies LLC now owns 2,608,400 shares of the company’s stock valued at $3,339,000 after buying an additional 311,300 shares during the last quarter. Miller Value Partners LLC increased its position in shares of Conduent by 38.5% during the fourth quarter. Miller Value Partners LLC now owns 5,583,385 shares of the company’s stock worth $10,720,000 after acquiring an additional 1,552,560 shares in the last quarter. AXQ Capital LP acquired a new stake in shares of Conduent in the 4th quarter worth about $40,000. Finally, GatePass Capital LLC raised its holdings in shares of Conduent by 6.1% in the 4th quarter. GatePass Capital LLC now owns 238,800 shares of the company’s stock worth $458,000 after acquiring an additional 13,700 shares during the last quarter. 77.28% of the stock is currently owned by institutional investors and hedge funds.

Conduent News Summary

Here are the key news stories impacting Conduent this week:

• Positive Sentiment: Sidoti sharply improved its longer-term outlook. The firm raised its FY2027 EPS forecast to a loss of $0.06 from a loss of $0.20, while also lifting estimates for Q1 through Q4 2027. Sidoti now expects Conduent to approach quarterly profitability, including projected EPS of $0.04 in Q4 2027. These revisions suggest analysts see a faster earnings recovery than previously expected.
• Positive Sentiment: Near-term earnings estimates were also raised. Sidoti reduced its projected losses for Q3 2026 to $0.09 per share from $0.13, Q4 2026 to $0.04 from $0.06, and FY2026 to $0.37 from $0.43. The revisions may encourage investors looking for evidence that Conduent’s turnaround is gaining traction.
• Neutral Sentiment: Analyst sentiment is broadly constructive but the company is still expected to lose money. A recent report identified Conduent among technology stocks viewed favorably by analysts, although Sidoti’s forecasts still call for a FY2026 loss and a smaller FY2027 loss. Analysts Are Bullish on These Technology Stocks
• Negative Sentiment: Zacks Research downgraded Conduent from “strong-buy” to “hold.” The change signals reduced conviction in the stock’s near-term upside and could offset some of the benefit from Sidoti’s improved earnings estimates. Zacks Research

About Conduent

Conduent Incorporated is a global provider of diversified business process services with a focus on delivering digital platforms and automation solutions. The company serves clients across a variety of industries including healthcare, transportation, public sector, financial services and human resources. By combining technology-enabled services with data analytics and artificial intelligence, Conduent helps organizations streamline operations, enhance customer experiences and improve overall efficiency.

Key offerings from Conduent encompass customer engagement and transaction processing, digital payment solutions, eligibility and enrollment services for health and welfare programs, and workforce management tools.