Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) had its price target boosted by Morgan Stanley from $51.00 to $70.00 in a report released on Tuesday, Benzinga reports. The firm presently has an “equal weight” rating on the information technology service provider’s stock. Morgan Stanley‘s price objective suggests a potential upside of 0.95% from the company’s previous close.
Several other research firms also recently issued reports on CTSH. Weiss Ratings upgraded shares of Cognizant Technology Solutions from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, October 19th. Susquehanna set a $82.00 target price on Cognizant Technology Solutions and gave the company a “positive” rating in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $70.00 price target (up from $65.00) on shares of Cognizant Technology Solutions in a research note on Friday, September 18th. TD Cowen reaffirmed a “hold” rating and set a $60.00 price target (up from $54.00) on shares of Cognizant Technology Solutions in a research report on Tuesday, October 13th. Finally, Needham & Company LLC set a $78.00 price objective on Cognizant Technology Solutions in a research note on Monday. Ten research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $67.42.
Check Out Our Latest Analysis on CTSH
Cognizant Technology Solutions Stock Down 1.7%
CTSH stock opened at $69.34 on Tuesday. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.11. Cognizant Technology Solutions has a twelve month low of $37.08 and a twelve month high of $87.03. The company’s 50 day moving average is $61.51 and its two-hundred day moving average is $59.77. The stock has a market cap of $31.23 billion, a P/E ratio of 14.91, a PEG ratio of 1.32 and a beta of 0.86.
Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last issued its earnings results on Wednesday, July 29th. The information technology service provider reported $1.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.01). The company had revenue of $5.48 billion during the quarter, compared to analyst estimates of $5.48 billion. Cognizant Technology Solutions had a net margin of 10.26% and a return on equity of 17.70%. The company’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.31 EPS. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. Research analysts expect that Cognizant Technology Solutions will post 5.74 earnings per share for the current fiscal year.
Institutional Trading of Cognizant Technology Solutions
Institutional investors and hedge funds have recently modified their holdings of the business. Assenagon Asset Management S.A. grew its holdings in Cognizant Technology Solutions by 925.5% during the 2nd quarter. Assenagon Asset Management S.A. now owns 3,652,358 shares of the information technology service provider’s stock valued at $141,456,000 after buying an additional 3,296,205 shares during the last quarter. Pzena Investment Management LLC raised its holdings in Cognizant Technology Solutions by 14.9% in the 1st quarter. Pzena Investment Management LLC now owns 20,262,362 shares of the information technology service provider’s stock valued at $1,243,096,000 after acquiring an additional 2,633,683 shares during the last quarter. Artemis Investment Management LLP lifted its stake in shares of Cognizant Technology Solutions by 289.6% during the 3rd quarter. Artemis Investment Management LLP now owns 2,905,584 shares of the information technology service provider’s stock worth $166,897,000 after purchasing an additional 2,159,704 shares during the period. Vontobel Holding Ltd. boosted its holdings in shares of Cognizant Technology Solutions by 761.3% during the third quarter. Vontobel Holding Ltd. now owns 1,859,134 shares of the information technology service provider’s stock worth $106,789,000 after purchasing an additional 1,643,271 shares during the last quarter. Finally, Lazard Asset Management LLC grew its position in shares of Cognizant Technology Solutions by 752.1% in the first quarter. Lazard Asset Management LLC now owns 1,317,166 shares of the information technology service provider’s stock valued at $80,808,000 after purchasing an additional 1,162,580 shares during the period. Hedge funds and other institutional investors own 92.44% of the company’s stock.
Cognizant Technology Solutions News Summary
Here are the key news stories impacting Cognizant Technology Solutions this week:
- Positive Sentiment: Analysts raised price targets: JPMorgan lifted its target from $67 to $78 and maintained an “overweight” rating, while Wells Fargo raised its target from $67 to $77 and also kept an “overweight” stance. The revisions indicate expectations for additional upside and improving fundamentals. JPMorgan analyst ratings
- Positive Sentiment: Five-year AI partnership with EBRD: Cognizant will work with the European Bank for Reconstruction and Development on AI-led, outcome-focused digital transformation services. The agreement supports Cognizant’s strategy of expanding higher-value AI offerings and provides a potential source of longer-term revenue. Cognizant and EBRD partnership
- Neutral Sentiment: Short-interest data offers little directional signal: Reported short interest was zero shares as of October 26, with a 0.0-day short-interest ratio. While this suggests no measurable bearish positioning, the figure may reflect a reporting anomaly and is unlikely to be a meaningful near-term catalyst.
- Negative Sentiment: Morgan Stanley remains cautious: Analyst James Faucette raised his price target to $70 but retained a “hold” rating, citing valuation appeal alongside fundamental uncertainties. The target is only modestly above recent trading levels, limiting the immediate upside implied by his view. Morgan Stanley Cognizant price target
Cognizant Technology Solutions Company Profile
Cognizant Technology Solutions Corporation is a global information technology services and consulting company that helps organizations modernize their technology infrastructure, operations and customer experiences. The company serves businesses across industries including financial services, healthcare, life sciences, manufacturing, retail and communications.
Cognizant’s services include consulting, application development and modernization, cloud computing, data and artificial intelligence, digital engineering, cybersecurity and business process services.
Featured Stories
- Five stocks we like better than Cognizant Technology Solutions
- A Solid Margin Story Means the Sell-Off in DECK May Be Overdone
- Verizon’s Q3 Results Show Why SpaceX’s Spectrum Grab Isn’t a Major Threat
- Comfort Systems Earnings: AI Slowdown or More Growth Ahead?
- Bristol Myers Squibb’s Cancer Breakthrough Could Have Implications Beyond Its Own Stock
Receive News & Ratings for Cognizant Technology Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cognizant Technology Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
