Cognizant Technology Solutions (NASDAQ:CTSH) Given New $63.00 Price Target at BMO Capital Markets

Cognizant Technology Solutions (NASDAQ:CTSH) had its target price decreased by equities researchers at BMO Capital Markets from $83.00 to $63.00 in a research report issued on Thursday,MarketScreener reports. BMO Capital Markets’ price objective would suggest a potential upside of 19.25% from the stock’s current price.

Several other research analysts have also issued reports on the stock. Wedbush decreased their price target on shares of Cognizant Technology Solutions from $61.00 to $56.00 and set a “neutral” rating on the stock in a research report on Thursday. Citigroup restated a “neutral” rating and issued a $58.00 price target (down from $68.00) on shares of Cognizant Technology Solutions in a research report on Thursday. Royal Bank Of Canada lifted their price target on shares of Cognizant Technology Solutions from $82.00 to $88.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 5th. The Goldman Sachs Group set a $75.00 price target on shares of Cognizant Technology Solutions in a research report on Wednesday. Finally, Nomura lifted their price target on shares of Cognizant Technology Solutions from $92.00 to $93.00 and gave the stock a “buy” rating in a research report on Thursday. Ten research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $77.15.

Cognizant Technology Solutions Price Performance

Shares of NASDAQ CTSH traded down $0.07 during mid-day trading on Thursday, reaching $52.83. 727,898 shares of the company traded hands, compared to its average volume of 6,420,106. Cognizant Technology Solutions has a fifty-two week low of $52.33 and a fifty-two week high of $87.03. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.23 and a quick ratio of 2.14. The firm has a market cap of $25.27 billion, a PE ratio of 11.51, a price-to-earnings-growth ratio of 1.19 and a beta of 0.98. The stock has a fifty day simple moving average of $60.88 and a 200-day simple moving average of $71.58.

Cognizant Technology Solutions (NASDAQ:CTSH) last posted its quarterly earnings data on Wednesday, April 29th. The information technology service provider reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.07. Cognizant Technology Solutions had a net margin of 10.41% and a return on equity of 17.50%. The business had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.41 billion. During the same quarter last year, the business earned $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. Equities research analysts anticipate that Cognizant Technology Solutions will post 5.65 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Surya Gummadi sold 1,728 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $83.06, for a total value of $143,527.68. Following the completion of the transaction, the insider owned 25,641 shares of the company’s stock, valued at approximately $2,129,741.46. This trade represents a 6.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Cognizant Technology Solutions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Candriam S.C.A. boosted its stake in Cognizant Technology Solutions by 4.1% in the 1st quarter. Candriam S.C.A. now owns 37,951 shares of the information technology service provider’s stock worth $2,328,000 after purchasing an additional 1,501 shares during the period. Walled Lake Planning & Wealth Management LLC boosted its stake in Cognizant Technology Solutions by 2.1% in the 1st quarter. Walled Lake Planning & Wealth Management LLC now owns 56,943 shares of the information technology service provider’s stock worth $3,493,000 after purchasing an additional 1,193 shares during the period. Hsbc Holdings PLC boosted its stake in Cognizant Technology Solutions by 27.2% in the 1st quarter. Hsbc Holdings PLC now owns 3,471,681 shares of the information technology service provider’s stock worth $213,004,000 after purchasing an additional 742,466 shares during the period. Resona Asset Management Co. Ltd. boosted its stake in Cognizant Technology Solutions by 4.2% in the 1st quarter. Resona Asset Management Co. Ltd. now owns 193,725 shares of the information technology service provider’s stock worth $11,877,000 after purchasing an additional 7,891 shares during the period. Finally, Cairn Investment Group Inc. boosted its stake in Cognizant Technology Solutions by 1.2% in the 1st quarter. Cairn Investment Group Inc. now owns 57,845 shares of the information technology service provider’s stock worth $3,549,000 after purchasing an additional 710 shares during the period. Institutional investors and hedge funds own 92.44% of the company’s stock.

Key Cognizant Technology Solutions News

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

• Positive Sentiment: Q1 EPS beat and margin improvement — Cognizant reported Q1 EPS above estimates and raised its 2026 margin outlook, supporting a view of improving profitability. Cognizant Q1 Earnings Beat
• Positive Sentiment: Dividend maintained — Management declared a quarterly dividend of $0.33/share (record May 18), which supports income investors and signals confidence in cash flow. (Company announcement)
• Positive Sentiment: Selective analyst bullishness — Nomura raised its price target to $93 and kept a buy rating, showing some bullish conviction among analysts. Nomura raises PT
• Neutral Sentiment: Astreya acquisition (~$600M) — Cognizant agreed to buy Astreya to bolster AI/cloud capabilities; strategic upside if integrated successfully, but adds near?term cash outflow and execution risk. Cognizant to buy Astreya
• Negative Sentiment: Cluster of price?target cuts — Several firms trimmed targets (Morgan Stanley to $63, JPMorgan to $74, Wedbush to $56, Wells Fargo to $83, Guggenheim to $80) reflecting more conservative views on growth and valuation; broad analyst downgrades/PT cuts are pressuring the stock. Morgan Stanley cuts PT JPMorgan cuts PT Wedbush cuts PT Wells Fargo cuts PT Guggenheim lowers PT
• Negative Sentiment: Q2 revenue outlook miss & cost program — Management’s Q2 revenue outlook disappointed investors and the company announced cost?cutting measures, prompting near?term concern about top?line momentum despite cost actions. Q2 outlook miss
• Negative Sentiment: Project Leap & restructuring risk — Analysts flagged risks from the Project Leap restructuring and related execution/cost pressures, which could weigh on margins and productivity if issues persist. Project Leap risks

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.