Cognizant Technology Solutions (NASDAQ:CTSH) Stock Price Target Raised at Royal Bank Of Canada

Cognizant Technology Solutions (NASDAQ:CTSH) had its price target boosted by Royal Bank Of Canada from $47.00 to $55.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “sector perform” rating on the information technology service provider’s stock. Royal Bank Of Canada‘s target price indicates a potential downside of 15.81% from the stock’s previous close.

Other research analysts have also recently issued research reports about the stock. Weiss Ratings upgraded shares of Cognizant Technology Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, October 19th. Morgan Stanley boosted their price target on shares of Cognizant Technology Solutions from $51.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Tuesday. JPMorgan Chase & Co. raised their price objective on Cognizant Technology Solutions from $67.00 to $78.00 and gave the company an “overweight” rating in a report on Monday. TD Cowen reaffirmed a “hold” rating and issued a $60.00 target price (up from $54.00) on shares of Cognizant Technology Solutions in a research report on Tuesday, October 13th. Finally, Wells Fargo & Company upped their target price on Cognizant Technology Solutions from $67.00 to $77.00 and gave the stock an “overweight” rating in a report on Monday. Ten investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $68.04.

Cognizant Technology Solutions Stock Up 4.5%

Shares of NASDAQ:CTSH traded up $2.81 during trading on Friday, hitting $65.33. 1,286,623 shares of the company’s stock traded hands, compared to its average volume of 7,931,885. The company has a 50-day moving average price of $62.12 and a 200-day moving average price of $59.39. 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 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.11. The company has a market cap of $29.43 billion, a price-to-earnings ratio of 14.05, a price-to-earnings-growth ratio of 1.24 and a beta of 0.86.

Cognizant Technology Solutions (NASDAQ:CTSH) last announced its earnings results on Thursday, October 29th. The information technology service provider reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. Cognizant Technology Solutions had a net margin of 10.26% and a return on equity of 17.70%. The firm had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the business earned $1.39 EPS. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year. As a group, research analysts forecast that Cognizant Technology Solutions will post 5.74 EPS for the current fiscal year.

Hedge Funds Weigh In On Cognizant Technology Solutions

Several institutional investors and hedge funds have recently made changes to their positions in CTSH. Marquette Asset Management LLC increased its holdings in shares of Cognizant Technology Solutions by 183.9% during the third quarter. Marquette Asset Management LLC now owns 545 shares of the information technology service provider’s stock worth $31,000 after purchasing an additional 353 shares during the period. Signature Equity Partners LLC increased its position in shares of Cognizant Technology Solutions by 102.4% in the first quarter. Signature Equity Partners LLC now owns 599 shares of the information technology service provider’s stock worth $37,000 after purchasing an additional 303 shares during the period. Pension & Wealth Management Advisors Inc. acquired a new position in Cognizant Technology Solutions in the third quarter valued at about $35,000. Alpine Bank Wealth Management acquired a new position in Cognizant Technology Solutions in the third quarter valued at about $38,000. Finally, Salomon & Ludwin LLC bought a new stake in Cognizant Technology Solutions during the third quarter worth about $40,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

Key Stories Impacting Cognizant Technology Solutions

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

• Positive Sentiment: Cognizant announced an OpenAI Frontier Capability Group with more than 25,000 professionals dedicated to deploying OpenAI products, including ChatGPT and Codex. The company said it will first scale the technology across its own sales and customer-success operations, potentially strengthening its ability to win enterprise AI work. Cognizant OpenAI Frontier Capability Group announcement
• Positive Sentiment: Third-quarter adjusted EPS was $1.49, ahead of the $1.46 analyst consensus, while revenue of approximately $5.66 billion also exceeded estimates. Adjusted operating margin expanded to 16.3%, and Cognizant maintained expectations for 2026 adjusted EPS of $5.72 to $5.79. Cognizant third-quarter 2026 results
• Positive Sentiment: The board declared a quarterly dividend of $0.33 per share, equivalent to $1.32 annually and a reported yield of about 2.1%. The company also repurchased 4.9 million shares during the quarter, supporting per-share results.
• Neutral Sentiment: Cognizant narrowed its 2026 constant-currency revenue-growth outlook to 4.0%–4.4% and projected adjusted operating-margin expansion of approximately 30 basis points. Financial Services was a bright spot, with revenue growth of 12% year over year. Cognizant Q3 adjusted earnings and guidance
• Negative Sentiment: Third-quarter bookings declined 7% year over year. Analysts also noted that acquisitions and resold products contributed roughly four percentage points of reported revenue growth, suggesting slower momentum in Cognizant’s core business. Cognizant bookings and growth analysis
• Negative Sentiment: Exchange-traded funds were reported as net sellers of CTSH on October 28, indicating some near-term institutional selling pressure. ETF selling of Cognizant shares

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.