Cognizant Technology Solutions (NASDAQ:CTSH) Price Target Raised to $67.00

Cognizant Technology Solutions (NASDAQ:CTSH) had its target price boosted by research analysts at Wells Fargo & Company from $61.00 to $67.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the information technology service provider’s stock. Wells Fargo & Company‘s target price points to a potential upside of 28.23% from the company’s current price.

Several other equities analysts also recently commented on CTSH. Weiss Ratings downgraded Cognizant Technology Solutions from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, May 13th. Wedbush upgraded Cognizant Technology Solutions from a “neutral” rating to an “outperform” rating and upped their price target for the company from $56.00 to $70.00 in a research report on Monday, June 8th. Robert W. Baird cut their price objective on Cognizant Technology Solutions from $72.00 to $55.00 and set a “neutral” rating for the company in a report on Friday, July 10th. Berenberg Bank set a $59.00 target price on shares of Cognizant Technology Solutions and gave the company a “hold” rating in a research note on Wednesday, June 17th. Finally, Daiwa Securities Group lowered their target price on shares of Cognizant Technology Solutions from $65.00 to $42.00 and set a “neutral” rating on the stock in a report on Wednesday, June 24th. Ten analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $61.61.

Cognizant Technology Solutions Price Performance

NASDAQ CTSH traded down $3.72 on Thursday, reaching $52.25. The company’s stock had a trading volume of 2,628,215 shares, compared to its average volume of 8,288,748. Cognizant Technology Solutions has a 52 week low of $37.08 and a 52 week high of $87.03. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.04. The firm has a market cap of $24.76 billion, a PE ratio of 11.32, a price-to-earnings-growth ratio of 1.10 and a beta of 0.87. The business has a 50-day moving average price of $47.13 and a 200 day moving average price of $58.80.

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

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

Institutional Trading of Cognizant Technology Solutions

Large investors have recently made changes to their positions in the business. Tema ETFs LLC raised its holdings in shares of Cognizant Technology Solutions by 23.0% in the second quarter. Tema ETFs LLC now owns 10,528 shares of the information technology service provider’s stock valued at $408,000 after buying an additional 1,968 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in Cognizant Technology Solutions by 9.8% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 5,600 shares of the information technology service provider’s stock worth $217,000 after acquiring an additional 498 shares during the last quarter. Polianta Ltd grew its holdings in Cognizant Technology Solutions by 82.4% during the 2nd quarter. Polianta Ltd now owns 44,700 shares of the information technology service provider’s stock worth $1,731,000 after acquiring an additional 20,200 shares during the last quarter. Chesley Taft & Associates LLC increased its position in Cognizant Technology Solutions by 9.1% in the 2nd quarter. Chesley Taft & Associates LLC now owns 30,433 shares of the information technology service provider’s stock valued at $1,179,000 after acquiring an additional 2,542 shares in the last quarter. Finally, Czech National Bank increased its position in Cognizant Technology Solutions by 3.6% in the 2nd quarter. Czech National Bank now owns 134,881 shares of the information technology service provider’s stock valued at $5,224,000 after acquiring an additional 4,633 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.

Cognizant Technology Solutions News Roundup

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

• Positive Sentiment: Higher full-year EPS outlook and solid Q2 execution: Cognizant reported $5.48 billion in second-quarter revenue, up 4.5% year over year and in line with expectations. Adjusted EPS was $1.37, just below the $1.38 consensus, while operating margin improved to 16.0%. The company raised its 2026 adjusted EPS guidance to $5.70–$5.82 from a prior outlook that was lower, supporting the bullish reaction. Cognizant Reports Second Quarter 2026 Results
• Positive Sentiment: Bookings and financial-services growth point to demand resilience: Trailing 12-month bookings increased 5% to $29.1 billion, while Financial Services revenue grew 12%. Cognizant also repurchased approximately $1.1 billion of stock during the quarter, providing additional support for per-share results. Cognizant Q2 Revenue Rises
• Positive Sentiment: AI-related catalysts are attracting investor interest: Cognizant’s expanded partnership with Anthropic and efforts to help enterprises adopt agentic AI strengthen the company’s positioning in a growing services market. William Blair also initiated coverage with a Buy rating, citing margin expansion, financial-services growth and AI-driven demand. Cognizant Anthropic Partnership
• Neutral Sentiment: Shareholder returns remain a support: Cognizant declared a quarterly dividend of $0.33 per share, equivalent to an approximately 2.4% annualized yield at the referenced price level. Cognizant Dividend Information
• Negative Sentiment: Near-term spending caution limits the upside: Third-quarter revenue guidance of $5.6–$5.7 billion was at or below analyst expectations as clients remain cautious on discretionary IT spending. The small EPS miss and revised 2026 revenue-growth outlook of 4.0%–5.5% also indicate that AI investment is not yet fully offsetting softer traditional technology-services demand. Cognizant Forecasts Weak Quarterly Revenue

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.