Conduent (NASDAQ:CNDT) Downgraded by Wall Street Zen to “Strong Sell”

Wall Street Zen cut shares of Conduent (NASDAQ:CNDT) from a hold rating to a strong sell rating in a report published on Saturday.

A number of other research analysts also recently issued reports on CNDT. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Conduent in a report on Friday, July 17th. Noble Financial upgraded Conduent to a “strong-buy” rating in a report on Tuesday, May 12th. Finally, Zacks Research lowered Conduent from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Conduent Stock Performance

CNDT stock opened at $1.52 on Friday. The stock has a market capitalization of $236.39 million, a PE ratio of -1.00 and a beta of 1.44. Conduent has a 12-month low of $1.15 and a 12-month high of $2.98. The company has a current ratio of 1.55, a quick ratio of 1.59 and a debt-to-equity ratio of 1.33. The stock’s 50 day simple moving average is $1.51 and its 200 day simple moving average is $1.50.

Conduent (NASDAQ:CNDT) last issued its earnings results on Monday, August 10th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.01). The business had revenue of $531.00 million for the quarter, compared to analysts’ expectations of $702.00 million. Conduent had a negative net margin of 8.17% and a negative return on equity of 9.02%. As a group, research analysts forecast that Conduent will post -0.37 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Conduent

Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Conduent in the second quarter worth $20,194,000. Miller Value Partners LLC purchased a new position in Conduent in the second quarter worth about $18,960,000. Vanguard Group Inc. boosted its position in Conduent by 1.1% in the third quarter. Vanguard Group Inc. now owns 8,635,381 shares of the company’s stock worth $24,179,000 after purchasing an additional 93,759 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Conduent by 35.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,116,277 shares of the company’s stock worth $13,663,000 after purchasing an additional 1,854,266 shares during the last quarter. Finally, Blue Owl Capital Holdings LP bought a new stake in shares of Conduent during the 2nd quarter valued at about $7,353,000. 77.28% of the stock is owned by institutional investors.

Conduent News Summary

Here are the key news stories impacting Conduent this week:

• Positive Sentiment: Sidoti substantially improved its 2027 outlook. The firm raised its FY2027 EPS estimate to a loss of $0.06 from a loss of $0.20, while also lifting estimates for the first three quarters and Q4 2027. Sidoti now expects Conduent to report positive EPS of $0.04 in Q4 2027, suggesting analysts see a path toward profitability. These estimates are still below the current-year consensus loss of $0.29, but the revisions indicate improving expectations for the company’s longer-term performance.
• Positive Sentiment: Near-term earnings estimates were also revised higher. Sidoti raised its Q3 2026 EPS forecast to a loss of $0.09 from $0.13, its Q4 2026 forecast to a loss of $0.04 from $0.06, and its FY2026 forecast to a loss of $0.37 from $0.43. The revisions point to expectations for narrower losses than previously anticipated. Conduent analyst estimates
• Neutral Sentiment: Some analysts remain bullish on Conduent. A recent report highlighted CNDT among technology stocks viewed favorably by analysts, although the report provided no specific new price target or earnings catalyst. Analysts Are Bullish on These Technology Stocks
• Negative Sentiment: Zacks Research downgraded Conduent from “strong buy” to “hold.” The less-positive rating likely pressured the stock by signaling reduced conviction in the near-term upside, despite Sidoti’s improved estimates. Zacks Research
• Negative Sentiment: Conduent’s latest reported quarter showed continuing fundamental weakness: the company posted a $0.18-per-share loss versus a $0.17 consensus loss and revenue of $531 million versus expectations of $702 million. Persistent losses and the significant revenue shortfall remain key risks for investors.

Conduent Company Profile

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.