Cognizant (CTSH - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on October 29, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis information technology consulting and outsourcing firm is expected to post quarterly earnings of $1.46 per share in its upcoming report, which represents a year-over-year change of +5%.
Revenues are expected to be $5.65 billion, up 4.3% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.38% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Cognizant?For Cognizant, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -0.98%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Cognizant will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Cognizant would post earnings of $1.38 per share when it actually produced earnings of $1.37, delivering a surprise of -0.72%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Cognizant doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected ResultsBigBear.ai Holdings, Inc. (BBAI - Free Report) , another stock in the Zacks Computers - IT Services industry, is expected to report loss per share of $0.06 for the quarter ended September 2026. This estimate points to a year-over-year change of +14.3%. Revenues for the quarter are expected to be $38.94 million, up 17.5% from the year-ago quarter.
The consensus EPS estimate for BigBear.ai has remained unchanged over the last 30 days. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -9.09%.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that BigBear.ai will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Cognizant debuts modular operating layer designed to accelerate value from AI—on infrastructure enterprises can own
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced the launch of Cognizant AI Nexus, a modular, multi-model operating layer designed to help enterprises more quickly turn AI investment into proven business value by metering AI spend, governing AI quality and documenting results across every team.
As frontier model capabilities converge and prices compress, the AI model an enterprise chooses is becoming less important in driving differentiation in the market. A more relevant question has emerged: how quickly can an enterprise turn AI investment into value it can measure and defend? That value velocity gap is the operational expression of a larger problem and a larger opportunity. Cognizant research found that the total unrealized annual value of AI across the Global 2000 could be as much as $4.7 trillion.1
Enterprises are moving past AI pilots, but many are still waiting for the returns. The same study found that two-thirds of Global 2000 leaders had yet to demonstrate measurable business productivity gains from AI, and one in four had paused or abandoned deployments. AI is also making technology spend both harder to see and harder to forecast. A new Cognizant survey of 250 FinOps leaders found that 72% of organizations exceeded their AI budget in the past 12 months, and 16% overshot by more than 25%.2
"Many enterprises have already made their AI commitments," said Ravi Kumar S, CEO, Cognizant. "What boards and finance leaders need now is evidence: what that spend returns, who is accountable for it and how to get more from every dollar. Cognizant AI Nexus gives them one governed place to answer those questions and a way to keep improving the answer."
Cognizant AI Nexus brings together five capabilities that enterprises can adopt independently, or together. Two of them, Engage and Orchestrate, change where work happens. The other three, Reveal, Coach and Route, govern how AI performs in that work. The expected functionality and potential benefits of these capabilities are as follows:
Where work happens
Cognizant AI Nexus Engage gives engineers, analysts and business leaders one governed workspace grounded in their own enterprise knowledge. A secure sandbox turns conversation into analysis, code and decisions, while persistent AI specialists, AI agents with their own context and memory, capture proven ways of working. Cognizant AI Nexus Orchestrate rebuilds business processes as agentic workflows, designed by Frontier Certified Engineers and run by Frontier Business Operators.3 Cognizant introduced both roles in June 2026 and aims to hold them accountable for results throughout the lifecycle of each workflow. How AI is governed
Cognizant AI Nexus Reveal maps every token, tool and dollar across AI vendors to the people, projects and outcomes behind them, so leaders can manage consumption budgets and prove impact. Cognizant AI Nexus Coach evaluates the context, approach and outcome of AI work as it happens and turns better practices into standards that raise quality across the enterprise. Cognizant AI Nexus Route matches each request to the model that offers the right balance of quality, cost and control, drawing on frontier, open-weight, small language and self-hosted models. Sensitive workloads stay inside the enterprise, policies apply to every route and traffic is designed to shift to healthy models when a provider slows or fails. Cognizant AI Nexus is designed to help enterprises build compounding value from their most effective processes. It distills proven practices into reusable assets that teams can share and AI specialists can apply, and each workflow run adds to the knowledge behind the next. Because the same layer meters spend and monitors quality, enterprises can track improvement in unit cost, quality and speed over time.
Cognizant's survey of FinOps leaders also found that 97% of organizations have had an AI agent session escalate beyond expected cost or activity, and 36% say the impact was material. Cognizant AI Nexus is designed with trust and control built into the operating layer itself.
Each AI specialist has its own identity, permissions and memory, and the enterprise decides what it can access. Every workflow carries a full audit trail, and human approval remains in place for critical decisions, compliance checks and customer-facing actions. Because Cognizant AI Nexus is designed to run inside the enterprise's own environment, the enterprise keeps control of the data, processes and institutional knowledge its AI depends on.
Cognizant's client work shows why that context matters. Across agentic AI engagements, the company has found that a lack of context readiness, more than any limit in model capability, is what keeps deployments out of production.4 As its own Client Zero, Cognizant runs Cognizant AI Nexus at scale across its operations before taking it to clients.
Learn more about Cognizant AI Nexus.
About Cognizant
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
Forward-Looking Statements
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties and assumptions as to future events that may not prove to be accurate. These statements include, but are not limited to, express or implied forward-looking statements relating to the unrealized value of AI and the anticipated functionality of and benefits from utilizing Cognizant AI Nexus' capabilities. These statements are neither promises nor guarantees, may reflect findings of the reports and surveys discussed above, and remain subject to a variety of risks and uncertainties, many of which are beyond Cognizant's control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause outcomes to differ materially from those expressed or implied include general economic conditions, the impact of technological development and competition, the competitive and rapidly changing nature of the markets Cognizant competes in, our ability to successfully deploy and use AI-based technologies, and the other factors discussed in Cognizant's most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Cognizant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.
For more information, contact:
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1 Cognizant, "Closing the AI Execution Gap: A $2 Billion Business Boost," survey of 1,100 senior business leaders at Global 2000 companies and 100 startups across 10 industries, announced June 15, 2026. https://news.cognizant.com/2026-06-15-New-Cognizant-Research-Reveals-4-7-Trillion-in-Untapped-AI-Value-Across-G2000
2 Cognizant FinOps survey of 250 FinOps leaders at director level or above at companies with $500M+ in annual revenue in the US (150), UK (50) and India (50), fielded Aug. 27–Sept. 5, 2026. Margin of error ±6.2 percentage points.
3 Frontier Certified Engineers combine industry domain expertise with AI engineering, breaking each business process into atomic tasks and compiling them into a workflow that reflects how the business actually runs. Frontier Business Operators own the operational result, directing people and AI specialists together toward an agreed objective. Cognizant introduced the roles on June 1, 2026 (https://news.cognizant.com/2026-06-01-Cognizant-Develops-Frontier-Certified-Engineer-and-Frontier-Business-Operator-Roles-to-Define-the-Next-Generation-of-AI-Powered-Work) and on July 9, 2026 committed to scale to 5,000 Frontier Certified Engineers and 10,000 Frontier Business Operators (https://news.cognizant.com/2026-07-09-Cognizant-to-scale-to-5,000-Frontier-Certified-Engineers-and-10,000-Frontier-Business-Operators).
4 Naveen Sharma and Satish Hegde, "Building the engineered context layer (Part 2)," Cognizant, July 16, 2026. https://www.cognizant.com/us/en/insights/insights-blog/how-to-build-engineered-context-layer-for-enterprise-agentic-ai
Advances Cognizant's AI Builder strategy, helping clients in Australia and New Zealand turn AI investment into enterprise value across their SAP landscapes.
Is expected to combine DyFlex's deep SAP advisory, implementation and managed services capabilities, including strong depth in SAP Public Cloud, with Cognizant's AI assets, industry expertise and global delivery scale.
Is expected to add a multi-award-winning SAP Platinum Partner with particular experience in mining and resources, energy and utilities, manufacturing, logistics, the public sector and the mid-market.
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that it has entered into a definitive agreement to acquire DyFlex Solutions, a leading AI-led SAP transformation firm. Headquartered in Australia, DyFlex is a multi-award-winning SAP Platinum Partner delivering advisory, consulting, implementation and managed services across the SAP ecosystem in Australia and New Zealand. The proposed transaction is expected to strengthen Cognizant's enterprise platform, AI and SAP capabilities in the region, and its domain expertise in mining and resources, energy and utilities, manufacturing, logistics, the public sector and the mid-market sector.
Founded in 2011, DyFlex has grown to over 300 people, making it one of the leading employers of SAP talent across Australia and New Zealand, with multiple office locations in the region and a delivery presence in the Philippines. It specialises in SAP transformation, including AI-led process advisory, across finance, digital supply chain, asset maintenance, human capital management, and data and analytics, spanning the full SAP portfolio with award-winning capability across SAP Public and Private Cloud. Its work is supported by proprietary delivery methods, accelerators and reusable assets, which DyFlex is increasingly enhancing with AI.
"DyFlex brings deep SAP consulting capabilities that are key to reimagining SaaS, modernising clients' business landscapes and driving operational performance," said Roshan Subudhi, SVP and Head of Intelligent Enterprise Platforms at Cognizant. "This proposed acquisition would bring together DyFlex's SAP expertise with Cognizant's Frontier and Autonomous Enterprise capabilities and global delivery at scale, helping clients derive greater value from AI across their business."
Following completion of the proposed transaction, Cognizant expects to combine DyFlex's regional SAP expertise and proprietary accelerators with its global industry experience and AI platforms, including Neuro AI Enterprise Core, the Cognizant SAP Agentic AI Platform and Frontier offerings. Together, the companies aim to help clients in Australia and New Zealand move beyond isolated AI experiments to production-ready AI and agentic systems across their SAP environments, driving towards the Autonomous Enterprise.
"Clients across Australia and New Zealand are seeking practical pathways to modernise core platforms while adopting cloud, data and AI capabilities," said Carla Ramchand, Managing Director ANZ at Cognizant. "This proposed acquisition would bring DyFlex's deep local SAP talent and strong understanding of Australia's major industries together with Cognizant's AI capabilities and global scale. For DyFlex's clients and the organisations we look forward to working with, it would mean the trusted people they know today, with even more ways to accelerate their transformation ambitions."
"DyFlex has grown by building enduring relationships with our clients, investing in our great people and developing deep expertise across our core industries and the SAP ecosystem," said Evan Mantis, Chief Executive Officer of DyFlex. "Joining Cognizant would be an exciting next chapter for our clients and colleagues. Our clients would continue to work with the people and expertise they trust, backed by Cognizant's global reach, industry experience and AI capabilities to help them go further, faster. We look forward to working together to enhance our offerings to existing clients."
The transaction is expected to close in the first quarter of 2027, subject to required regulatory approvals and the satisfaction of other customary closing conditions. Until closing, Cognizant and DyFlex will continue to operate as separate businesses. Financial details were not disclosed.
About Cognizant
Cognizant is an AI Builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
About DyFlex
DyFlex is an Australia-headquartered, multi-award-winning SAP Platinum Partner and a leading independent pure-play SAP partner in Australia and New Zealand, providing advisory, consultancy, implementation and managed services across the SAP solution set. The company operates across Australia and New Zealand, with a significant presence on Australia's east and west coasts and delivery support in the Philippines, and has experience in sectors including mining, utilities, energy and the public sector.
Forward-Looking Statements
This press release includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which is necessarily subject to risks, uncertainties and assumptions as to future events that may not prove to be accurate. These statements include, but are not limited to, express or implied forward-looking statements relating to the anticipated benefits of the proposed transaction, including anticipated benefits relating to synergies, new business opportunities, and growth; advancement of Cognizant's AI Builder strategy and expansion of its industry capabilities in Australia and New Zealand; the expected timing of the transaction closing; the combined company's plans, objectives, expectations, and intentions; anticipated enhancement of client offerings and continuity of existing client relationships; and other statements that are not historical facts. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ materially from those expressed or implied include the risk that the expected benefits from the transaction may not be fully realized or may take longer than anticipated to be realized; disruption to the parties' businesses as a result of the announcement and pendency of the transaction; the ability to obtain required approvals of the transaction on the timeline expected, or at all, and the risk that such approvals may result in the imposition of conditions that could adversely affect us after the closing of the transaction or adversely affect the expected benefits of the transaction; reputational risk and the reaction of each company's customers, suppliers, employees or other business partners to the transaction; the failure of the closing conditions in the transaction agreement to be satisfied, or any unexpected delay in closing the transaction or the occurrence of any event, change or other circumstances that could give rise to the termination of the transaction agreement; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; risks related to management and oversight of the expanded business and operations of Cognizant following the transaction; the risk that combining DyFlex's business and operations into Cognizant will be more costly or difficult than expected, or that we are otherwise unable to successfully integrate DyFlex's businesses with our own, including as a result of unexpected factors or events; and general competitive, economic, political and market conditions and other factors that may affect our future results or that of DyFlex, including the competitive and rapidly changing nature of the markets we compete in, the competitive marketplace for talent and its impact on employee recruitment and retention, our ability to successfully use AI-based technologies, legal, reputational and financial risks resulting from cyberattacks, and changes in the regulatory environment, including with respect to immigration and taxes. Additional factors which could affect future results are discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Cognizant undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities law.
Louisbourg Investments Inc. reduced its position in Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) by 37.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,728 shares of the information technology service provider’s stock after selling 51,431 shares during the period. Louisbourg Investments Inc.’s holdings in Cognizant Technology Solutions were worth $4,924,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of CTSH. Pzena Investment Management LLC lifted its stake in shares of Cognizant Technology Solutions by 14.9% in the first 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 buying an additional 2,633,683 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Cognizant Technology Solutions by 3.6% during the first quarter. Dimensional Fund Advisors LP now owns 6,404,918 shares of the information technology service provider’s stock valued at $392,947,000 after buying an additional 222,819 shares during the last quarter. Amundi grew its holdings in shares of Cognizant Technology Solutions by 9.2% during the first quarter. Amundi now owns 6,177,881 shares of the information technology service provider’s stock valued at $379,013,000 after buying an additional 520,532 shares during the last quarter. Hsbc Holdings PLC increased its position in shares of Cognizant Technology Solutions by 27.2% during the first quarter. Hsbc Holdings PLC now owns 3,471,681 shares of the information technology service provider’s stock worth $213,004,000 after acquiring an additional 742,466 shares in the last quarter. Finally, Artemis Investment Management LLP increased its position in shares of Cognizant Technology Solutions by 289.6% during the third quarter. Artemis Investment Management LLP now owns 2,905,584 shares of the information technology service provider’s stock worth $166,897,000 after acquiring an additional 2,159,704 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.
Cognizant Technology Solutions Price Performance CTSH opened at $68.18 on Wednesday. The firm has a market cap of $30.71 billion, a P/E ratio of 12.12, a PEG ratio of 1.25 and a beta of 0.86. The firm has a 50-day moving average of $60.83 and a 200 day moving average of $54.50. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.18 and a current ratio of 2.18. Cognizant Technology Solutions Corporation has a fifty-two week low of $37.08 and a fifty-two week high of $87.03.
Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The information technology service provider reported $1.37 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 the consensus estimate of $5.48 billion. Cognizant Technology Solutions had a return on equity of 17.70% and a net margin of 10.26%. The business’s revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.31 EPS. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. On average, research analysts expect that Cognizant Technology Solutions Corporation will post 5.74 EPS for the current year. Cognizant Technology Solutions Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 18th were paid a dividend of $0.33 per share. The ex-dividend date was Tuesday, August 18th. This represents a $1.32 annualized dividend and a dividend yield of 1.9%. Cognizant Technology Solutions’s dividend payout ratio (DPR) is presently 28.39%.
Analyst Upgrades and Downgrades Several equities analysts recently weighed in on the stock. Mizuho set a $64.00 price target on shares of Cognizant Technology Solutions in a research report on Thursday, August 6th. Wedbush reissued an “outperform” rating and set a $70.00 price objective on shares of Cognizant Technology Solutions in a report on Friday, October 9th. Citigroup reissued a “neutral” rating on shares of Cognizant Technology Solutions in a research note on Monday. TD Cowen reissued a “hold” rating and issued a $60.00 price objective (up from $54.00) on shares of Cognizant Technology Solutions in a research note on Tuesday, October 13th. Finally, Wells Fargo & Company raised their target price on Cognizant Technology Solutions from $61.00 to $67.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. 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, Cognizant Technology Solutions has an average rating of “Hold” and an average price target of $64.70.
Check Out Our Latest Stock Report on Cognizant Technology Solutions
Cognizant Technology Solutions Company Profile (Free Report)
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.
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Five-year agreement will help simplify and modernize Ingenico's global technology operations
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that it has been chosen by Ingenico, the smart technology powering in-person commerce, as its global strategic technology partner. Under the five-year agreement, Cognizant has been tasked with embedding AI across Ingenico's infrastructure and operations, security and data to support the modernization of Ingenico's technology operations, including infrastructure, security, business and corporate applications and data systems, while providing managed services across end-user services, service desk, application support and engineering.
Every day, Ingenico's smart technology powers millions of interactions worldwide, helping businesses deliver better customer experiences, build loyalty and drive growth. By combining seamless payment acceptance with powerful data and insights, Ingenico enables customers to reduce complexity and get more from every interaction, all backed by the security, reliability and trust the company is known for. To support its next phase of growth and innovation, Ingenico sought a strategic technology partner to simplify and modernize its technology operations and create a scalable foundation for future growth.
Cognizant will support the consolidation and modernization of Ingenico's IT environment, helping strengthen security, improve operational efficiency and increase agility across the business.
"The payments industry continues to evolve rapidly, with growing demands around security, resilience, operational efficiency and innovation," said Rohit Gupta, UK&I Managing Director at Cognizant. "We're proud to have been selected by Ingenico as a strategic partner. Together, we'll help modernize key operations, strengthen core technology foundations and support Ingenico's long-term growth ambitions."
"At Ingenico, we're constantly evolving our technology and capabilities to help our customers grow, simplify complexity and deliver superior customer experiences," commented Tim Fulton, CIO at Ingenico. "As we looked for a partner to support the next phase of that journey, Cognizant stood out through its industry expertise, global scale and understanding of our business. Together, we will modernize key IT operations, strengthen the foundations that underpin the trusted solutions our customers rely on, and increase agility across the business to support future growth and innovation."
About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
About Ingenico
Ingenico is the smart technology powering in-person commerce. Every day, its intelligent solutions help businesses turn millions of payment interactions into opportunities to deliver superior customer experiences, build loyalty and increase revenue.
With more than four decades of innovation and expertise, over 3,000 employees worldwide, and tens of millions of devices deployed across more than 120 countries, Ingenico combines seamless acceptance with powerful data and insights. Its intelligent solutions help businesses reduce complexity, grow faster and get more from every customer interaction, backed by the reliability, security and trust for which Ingenico is known. For more information, visit www.ingenico.com
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Alex Dudley
[email protected]
Europe / APAC
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Five-year agreement will help simplify and modernize Ingenico's global technology operations
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that it has been chosen by Ingenico, the smart technology powering in-person commerce, as its global strategic technology partner. Under the five-year agreement, Cognizant has been tasked with embedding AI across Ingenico's infrastructure and operations, security and data to support the modernization of Ingenico's technology operations, including infrastructure, security, business and corporate applications and data systems, while providing managed services across end-user services, service desk, application support and engineering.
Every day, Ingenico's smart technology powers millions of interactions worldwide, helping businesses deliver better customer experiences, build loyalty and drive growth. By combining seamless payment acceptance with powerful data and insights, Ingenico enables customers to reduce complexity and get more from every interaction, all backed by the security, reliability and trust the company is known for. To support its next phase of growth and innovation, Ingenico sought a strategic technology partner to simplify and modernize its technology operations and create a scalable foundation for future growth.
Cognizant will support the consolidation and modernization of Ingenico's IT environment, helping strengthen security, improve operational efficiency and increase agility across the business.
"The payments industry continues to evolve rapidly, with growing demands around security, resilience, operational efficiency and innovation," said Rohit Gupta, UK&I Managing Director at Cognizant. "We're proud to have been selected by Ingenico as a strategic partner. Together, we'll help modernize key operations, strengthen core technology foundations and support Ingenico's long-term growth ambitions."
"At Ingenico, we're constantly evolving our technology and capabilities to help our customers grow, simplify complexity and deliver superior customer experiences," commented Tim Fulton, CIO at Ingenico. "As we looked for a partner to support the next phase of that journey, Cognizant stood out through its industry expertise, global scale and understanding of our business. Together, we will modernize key IT operations, strengthen the foundations that underpin the trusted solutions our customers rely on, and increase agility across the business to support future growth and innovation."
About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
About Ingenico
Ingenico is the smart technology powering in-person commerce. Every day, its intelligent solutions help businesses turn millions of payment interactions into opportunities to deliver superior customer experiences, build loyalty and increase revenue.
With more than four decades of innovation and expertise, over 3,000 employees worldwide, and tens of millions of devices deployed across more than 120 countries, Ingenico combines seamless acceptance with powerful data and insights. Its intelligent solutions help businesses reduce complexity, grow faster and get more from every customer interaction, backed by the reliability, security and trust for which Ingenico is known. For more information, visit www.ingenico.com
Google Cloud Logo Initiative establishes new Gemini Frontier Capability Group, dedicating more than 18,000 engineers to help drive AI adoption for global enterprises. More than 55,000 associates completed Build with Gemini, the largest Gemini partner workshop held to date, part of a shared commitment to scale client execution through Cognizant's Frontier Certified Engineers. , /PRNewswire/ -- Cognizant (Nasdaq: CTSH) and Google Cloud today announced a significant expansion of their partnership to accelerate the adoption of agentic AI, including a new Gemini Frontier Capability Group. The group brings together a dedicated global workforce that pairs Google's full-stack, enterprise-ready AI platform with Cognizant's domain, industry and engineering expertise as an AI Builder.
Backed by more than 18,000 dedicated Cognizant associates, the new group represents a substantial joint investment and builds on the momentum created by Cognizant's dedicated Gemini practice launched in April 2026. The new group is designed to bridge the path from pilot to production, equipping enterprises with the ability to safely deploy resilient, enterprise-grade agents that can help drive measurable business value.
"Establishing our dedicated Gemini Frontier Capability Group lets our best frontier engineering talent focus entirely on getting frontier AI into production for clients," said Ravi Kumar S, CEO of Cognizant. "Our Build with Gemini workshop gave over 55,000 associates that experience directly, earning them tangible skills on one of the world's most advanced AI platforms, and this new group is where that experience goes to work every day."
"Deploying AI agents at scale requires trusted partners with deep architectural and integration expertise," said Thomas Kurian, chief executive officer, Google Cloud. "Cognizant's dedicated Frontier Capability Group and their skilling initiative for tens of thousands of engineers on Gemini will help our joint customers accelerate the adoption of autonomous agents throughout the enterprise."
Introducing the Gemini Frontier Capability Group
Designed to meet surging enterprise demand for scaled AI execution, the group aims to deliver production-grade, AI solutions designed to drive business outcomes for global enterprises by leveraging Gemini, Google Cloud's AI platform for building, governing, and deploying agents. The group will initially concentrate its engineering capabilities across legacy modernization, developer experience, autonomous business process agentification and frontier cyber defense.
To operationalize these capabilities, the group plans to deploy standardized, security-first agentic architecture built on the Model Context Protocol (MCP) and fortified by Google Cloud's Model Armor. These trusted frameworks are expected to power a new suite of collaborative, production-ready enterprise solutions, including Cognizant's Catalog Support Agent (CSA) for retail, the Neuro® San-orchestrated Healthcare Agentic Marketplace, and multi-agent Order-to-Cash (O2C) workflows for manufacturing.
Scaling outcomes with Frontier Certified Engineers
Underpinning the group is a shared commitment by Google Cloud and Cognizant to scale client execution through Frontier Certified Engineers. One early proof point shows what this looks like in practice: by integrating Gemini AI models across its software development lifecycle, Cognizant helped a leading retailer achieve a 40% increase in developer productivity, reduce time-to-market by 30%, and realize a 35% cost savings, underscoring the transformative potential of AI-driven software engineering.
As part of Cognizant's frontier certification skills drive, the company recently concluded the Build with Gemini workshop with Google Cloud, where Cognizant associates built AI agents and applications while earning Gemini skills credentials. Completed by more than 55,000 Cognizant associates, it is the largest single Gemini partner workshop held to date, representing a meaningful step in building Cognizant's frontier-certified workforce.
Cognizant is also applying Gemini internally at scale. As announced in July, the company is deploying Gemini to 100,000 associates this year, with plans to scale up to 200,000, and continues to increase its certification commitment for professionals on the platform.
About Cognizant
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
About Google Cloud
Google Cloud offers a powerful, optimized AI stack — including AI infrastructure, leading models like Gemini, data management capabilities, multicloud security solutions, developer tools and platform, as well as agents and applications — that enables organizations to transform their business for the Agentic Era. Customers in more than 200 countries and territories turn to Google Cloud as their trusted technology partner.
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Stock to Watch: Cognizant (CTSH - Free Report) Headquartered in Teaneck, NJ, Cognizant Technology Solutions is a leading professional services company. Cognizant’s services include digital services and solutions, consulting, application development, systems integration, application testing, application maintenance, infrastructure services, and business process services.
CTSH is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 10.88; value investors should take notice.
One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.00 to $5.74 per share. CTSH boasts an average earnings surprise of +3.6%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, CTSH should be on investors' short list.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
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It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.86% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Cognizant (CTSH - Free Report) Headquartered in Teaneck, NJ, Cognizant Technology Solutions is a leading professional services company. Cognizant’s services include digital services and solutions, consulting, application development, systems integration, application testing, application maintenance, infrastructure services, and business process services.
CTSH is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. CTSH has a Growth Style Score of B, forecasting year-over-year earnings growth of 8.7% for the current fiscal year.
One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.00 to $5.74 per share. CTSH boasts an average earnings surprise of +3.6%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CTSH should be on investors' short list.
What happened Cognizant Technology Solutions Corporation (NASDAQ: CTSH) agreed to a $2.4 billion credit agreement dated October 5, 2026. The package gives the company $1.85 billion of revolving commitments and $550 million of term commitments on the closing date. Cognizant Worldwide Limited is named as a designated borrower. The agreement says dollar borrowings generally must start at $5 million and then move in whole multiples of $1 million. It also sets a pricing grid that changes with ratings or leverage.
Key numbers Metric Latest Change Source Credit agreement total $2.4 billion SEC 8-K Revolving commitments on the Closing Date $1.85 billion SEC 8-K Term commitments on the Closing Date $550 million SEC 8-K Read more: Cognizant Technology Solutions (CTSH) stock analysis and investment case
Why it matters OptimistFi's case is that Cognizant is a cash-generative IT services franchise if its scaled global delivery model keeps winning enterprise modernization work while protecting mid-teens GAAP operating margins. This credit package adds liquidity to that view, and the revolver is 3.36 times the term facility. Most of the headline capacity sits in the revolver, so the full amount is not in the term bucket. The main caveat is that the filing shows committed financing, not better demand or margins. It adds a balance-sheet backstop, but it does not improve the operating case on its own. That makes the filing useful as a financing baseline that investors can compare with future borrowings and covenant checks.
If the model keeps producing cash, the new facility can support it without changing the operating story. Investors can then see whether the financing stays available on the same terms.
Browse: stock research on every company OptimistFi covers
What's next The next dated test in the agreement is delivery of the Compliance Certificate for the fiscal quarter ended September 30, 2026. The document says the leverage ratio stays at Level I until that certificate is delivered. Timely delivery would keep the lower-fee grid in place, while a missed filing can move the deal to Level III after the stated grace period. That makes the certificate a useful checkpoint for investors watching whether the financing stays on its better pricing path.
If not, the filing shows the pricing can tighten. A timely certificate would keep the lower pricing path available, while a late filing would signal tighter economics under the agreement.
More from OptimistFi CTSH stock: the Cognizant Technology Solutions thesis, its status and the next test to watch United States Brent Oil Fund, LP (NYSE Arca: BNO) Tracks a Supply Gap Alpha Teknova, Inc. (NASDAQ: TKNO) Adds Regulatory Support for PluriFreeze Meta Platforms, Inc. (NASDAQ: META) Has a Conditional $18 Billion Bill Stock research on every company OptimistFi covers Latest stock research and investment-case updates OptimistFi: evidence-first equity research Sources SEC 8-K — Credit Agreement dated as of October 5, 2026. SEC filing Read the full OptimistFi thesis on Cognizant Technology Solutions Corporation: https://optimistfi.com/stocks/CTSH
See what would break the Cognizant Technology Solutions Corporation thesis and track it live on the OptimistFi Thesis-Break Engine.
Browse every company OptimistFi covers at optimistfi.com/stocks, or read the latest evidence-first research.
The full Cognizant Technology Solutions Corporation investment case, its status and the next test to watch live on the Cognizant Technology Solutions Corporation thesis page.
Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.
Five-year agreement will support selected Gilead technology programs
, /PRNewswire/ -- Cognizant announced a five-year extension of its work with Gilead Sciences, a biopharmaceutical company that has pursued and achieved breakthroughs in medicine for more than three decades. Under the agreement, Cognizant will support Gilead's continued development of DevOps capabilities and the responsible application of agentic AI tools across selected technology programs.
Cognizant is an AI Builder company www.cognizant.ai Cognizant will apply its life sciences and technology experience to support Gilead's development and operations environment. The work is expected to focus on practical use cases intended to simplify processes, improve delivery and help Gilead's teams execute priority technology programs more efficiently.
The agreement follows more than a decade of work in which Cognizant has supported elements of Gilead's global IT infrastructure, platforms, applications and advanced analytics. The updated scope will provide additional support for selected DevOps and AI-enabled capabilities as Gilead continues to strengthen the technology foundations that underpin its business and scientific priorities.
"Our focus is on giving our teams reliable, efficient technology that helps them move important work forward," said Anna Berg Asberg, Global CIO, Gilead. "This agreement provides additional support as we strengthen our DevOps capabilities and evaluate practical, responsible uses of AI across our technology environment—all in service of our broader mission to deliver for patients."
"We value the opportunity to continue supporting Gilead's technology priorities," said Surya Gummadi, President, Americas, Cognizant. "Our work will bring together life sciences experience, DevOps capabilities and AI tools to help Gilead improve delivery across selected programs."
"This agreement allows Cognizant to apply its technology capabilities and life sciences experience in support of Gilead's priorities," said Mohammad Haque, Global Head of Intelligent Enterprise Platforms & Large Deals, Cognizant. "The work will focus on practical tools and approaches designed to support operational efficiency and program execution."
About Cognizant
Cognizant is an AI Builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
Collaboration will help SITA create a Frontier Finance function - data-driven, innovative and focused on growth and measurable business value - using AI and new ways of working
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that it has been selected by SITA, the world's leading specialist in air transport technology, as the implementation and transformation partner for SITA's SKY program. The groupwide, finance-led initiative will help SITA implement a modern cloud platform across finance, procurement and supply chain processes, designed to deliver measurable business value across SITA's global operations in more than 200 countries and territories.
The transformation is designed to move finance beyond reporting and operational processing, establishing it as a more strategic, growth-focused partner to the business. Cognizant will work with SITA to implement a cloud-based ERP and management platform spanning planning, performance, project management and procurement. By connecting these functions through a shared data foundation, consistent ways of working and AI-led insights, SITA aims to strengthen planning, identify opportunities earlier and align resources more closely with its growth priorities.
Cognizant's AI-first approach combines deep finance transformation expertise with generative AI implementation agents, informed by intellectual property developed through more than 800 cloud ERP projects. It draws on embedded platform AI capabilities and custom agents built using Cognizant's agentic AI capabilities to embed intelligence into planning, forecasting, project management and day-to-day finance activities — helping SITA accelerate delivery and put AI to work across live finance, procurement and project management processes.
"SITA's SKY program is a transformation program aimed at delivering strong business outcomes," said Nicolas Husson, Chief Financial Officer at SITA. "By standardizing core processes on Oracle Fusion Cloud and building AI into how we operate, we aim to create a more agile finance organization and a strong foundation for our next phase of growth."
"SITA plays a critical role in the global air transport ecosystem, and its growth requires an enterprise platform that can scale with the business, with technology and AI serving the strategy rather than defining it," said Saket Gulati, Senior Vice President and Head of Northern Europe at Cognizant. "By bringing together our cloud platform expertise, AI capabilities and end-to-end transformation experience, we will help SITA build a modern data and operating model foundation, embed new ways of working, and help translate technology investment into growth and measurable business value."
"Enterprise platforms are the backbone of how global organizations run, and SITA's SKY program is a great example of what's possible when that backbone is rebuilt for an AI-first world," said Roshan Subudhi, SVP and Head of Global Markets- Intelligent Enterprise Platforms at Cognizant. "By combining Agentic AI capabilities and our Oracle Fusion expertise, we're not just modernizing systems — we're helping SITA reimagine how finance, procurement and supply chain teams work together, so the business can move faster and make smarter decisions at scale."
About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
For more information, contact:
U.S.
Katrina Cheung
[email protected]
Europe / APAC
Sarah Douglas
[email protected]
India
Vipin Nair
[email protected]
About SITA
SITA is the air transport industry's tech engine, making travel safer, easier, and more sustainable for everyone. From the earliest days of commercial aviation to today's digital frontiers, SITA has been there, connecting the industry and helping it evolve through every leap forward.
With around 2,500 customers, SITA technology supports over 1,000 airports and more than 19,600 aircraft worldwide. It also helps over 70 governments strike the balance between secure borders and seamless journeys. Behind the scenes, SITA bridges 45–50% of the industry's data exchange, enabling a highly complex global network to operate smoothly and reliably, every step of the way.
SITA is transforming fast. From advanced self-service and operations control to airport design and digital borders, it is shaping the next generation of travel through key acquisitions like Materna IPS, ASISTIM, and CCM. It is also expanding beyond aviation with initiatives such as SmartSea, bringing its trusted technologies to cruise, rail, and urban air mobility.
This transformation is about more than new products. SITA is investing in the right skills, tools, and partnerships to help the industry move with greater intelligence and agility, bringing together smart systems, seamless data, and sustainable innovation. Because as global travel surges, flow is everything.
As part of its bold climate strategy, SITA is cutting emissions by 4.2% each year and targeting net zero by 2050. SITA's science-based targets are validated by the SBTi, and its growing portfolio is helping customers reduce their own carbon footprints too.
Owned by the industry and driven by its needs, SITA operates in more than 200 countries and territories.
www.sita.aero
For more information, contact:
Charles Font
[email protected]
New business unit designed to deliver enterprise-grade AI transformation to emerging enterprises that generate $1 billion to $5 billion in annual revenue, building toward Global 2000 scale, through a dedicated, right-sized operating model built for speed
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading AI builder and technology services provider, today announced the launch of Cognizant Activate, a new business unit designed to help emerging enterprises harness AI and accelerate transformation. Cognizant Activate brings the depth of Cognizant's AI Builder capability, proven with the world's largest companies, together with a purpose-built operating model tailored to the speed, priorities and decision-making dynamics of emerging enterprises.
Cognizant is an AI Builder company www.cognizant.ai Emerging enterprises with high growth face many of the same pressures as large enterprises, including legacy technology, rising cybersecurity risk and the need to adopt AI ahead of competitors, but they require solutions that are faster to deploy and right-sized for their scale.
Cognizant Activate is expected to deliver platform-aligned, pre-configured solution kits spanning data and AI, cybersecurity, enterprise applications, cloud modernization and managed services. The business unit will operate with vertically integrated teams and a single engagement lead accountable from the first conversation through delivery. It will launch with an initial focus on financial services, healthcare, manufacturing and retail/CPG sectors, where Cognizant has deep domain expertise and an established presence serving emerging enterprises. Cognizant Activate will also draw on Cognizant's ecosystem partnerships to accelerate time-to-value for clients.
"The companies shaping tomorrow's economy are moving fast and thinking boldly, and they need a partner who will treat their transformation as consequential, not incremental," said Ravi Kumar S, Chief Executive Officer of Cognizant. "Cognizant Activate brings the same AI Builder capability that is helping to transform some of the world's largest enterprises to emerging enterprises, right-sized for their speed and scale. This is how our clients activate growth with AI."
Cognizant Activate is built around the idea that emerging enterprises aren't looking for a scaled-down version of an enterprise engagement. They want a partner that can build AI into how they operate today, not add it as a future roadmap item. Cognizant's approach combines pre-built AI accelerators, compressed implementation timelines and commercial models designed for high-growth economics.
"Emerging enterprises with high growth want enterprise-grade capability without enterprise-level complexity and cost," said Mohammad Haque, Global Head of Intelligent Enterprise Platforms and Large Deals of Cognizant. "Cognizant Activate gives them access to our global delivery network, platform certifications and decades of industry expertise, delivered through a model built specifically for their speed and ambition."
About Cognizant
Cognizant (Nasdaq: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global companies ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
For more information, contact:
Katrina Cheung
[email protected]
Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Get Free Report)’s share price gapped up prior to trading on Thursday. The stock had previously closed at $57.44, but opened at $61.90. Cognizant Technology Solutions shares last traded at $64.0910, with a volume of 2,976,761 shares traded.
Analyst Upgrades and Downgrades A number of research analysts have issued reports on CTSH shares. Daiwa Securities Group lifted their price objective on Cognizant Technology Solutions from $42.00 to $60.00 and gave the company a “neutral” rating in a research note on Friday, September 25th. Royal Bank Of Canada set a $55.00 target price on Cognizant Technology Solutions in a research note on Friday, July 24th. Guggenheim reaffirmed a “buy” rating and issued a $65.00 price target (down from $80.00) on shares of Cognizant Technology Solutions in a research report on Monday, July 27th. JPMorgan Chase & Co. dropped their price target on shares of Cognizant Technology Solutions from $74.00 to $55.00 and set an “overweight” rating on the stock in a research note on Friday, July 24th. Finally, Mizuho set a $64.00 price objective on shares of Cognizant Technology Solutions in a research report on Thursday, August 6th. Ten investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Cognizant Technology Solutions presently has an average rating of “Hold” and an average price target of $64.43.
Get Our Latest Stock Report on Cognizant Technology Solutions
Cognizant Technology Solutions Stock Performance The company has a market cap of $26.36 billion, a P/E ratio of 12.58, a P/E/G ratio of 1.14 and a beta of 0.86. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 0.11. The business has a fifty day simple moving average of $59.22 and a two-hundred day simple moving average of $54.47. Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The information technology service provider reported $1.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.01). Cognizant Technology Solutions had a net margin of 10.26% and a return on equity of 17.70%. The firm had revenue of $5.48 billion for the quarter, compared to the consensus estimate of $5.48 billion. During the same quarter in the prior year, the firm earned $1.31 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. On average, sell-side analysts anticipate that Cognizant Technology Solutions Corporation will post 5.74 EPS for the current year.
Cognizant Technology Solutions Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 18th were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Tuesday, August 18th. Cognizant Technology Solutions’s dividend payout ratio is currently 28.39%.
Institutional Inflows and Outflows Several institutional investors and hedge funds have recently modified their holdings of the business. Signature Equity Partners LLC increased its stake in shares of Cognizant Technology Solutions by 102.4% in the 1st 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 in the last quarter. Reflection Asset Management purchased a new position in Cognizant Technology Solutions during the fourth quarter valued at $40,000. MV Capital Management Inc. purchased a new position in Cognizant Technology Solutions during the fourth quarter valued at $42,000. SJS Investment Consulting Inc. grew its holdings in Cognizant Technology Solutions by 1,580.0% during the first quarter. SJS Investment Consulting Inc. now owns 840 shares of the information technology service provider’s stock valued at $52,000 after purchasing an additional 790 shares during the period. Finally, Capital Advisors Ltd. LLC increased its position in Cognizant Technology Solutions by 34.5% in the first quarter. Capital Advisors Ltd. LLC now owns 959 shares of the information technology service provider’s stock worth $59,000 after buying an additional 246 shares in the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.
Cognizant Technology Solutions Company Profile (Get Free Report)
Cognizant Technology Solutions Corporation (NASDAQ: CTSH) is a global professional services and information technology company that helps businesses modernize their operations and technology infrastructure. Its services include IT consulting, systems integration, application development and modernization, cloud computing, data and analytics, artificial intelligence, cybersecurity, and digital engineering.
The company also provides business process services and industry-specific solutions for sectors such as financial services, healthcare, life sciences, manufacturing, retail, communications, and information technology.
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, /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading AI builder and technology services provider, will announce results for the third quarter of 2026 on Thursday, October 29, 2026 before market open.
Following the release, Cognizant management will conduct a conference call at 8:30 a.m. (Eastern) to discuss operating performance for the quarter. To participate in the conference call, domestic callers can dial 877-810-9510 and international callers can dial 201-493-6778 and provide the following conference passcode: Cognizant Call.
The conference call will also be available live on the Investor Relations section of the Cognizant website at http://investors.cognizant.com. Please go to the website at least 15 minutes prior to the call to register and to download and install any necessary audio software.
For those who cannot access the live broadcast, a replay will be available by dialing (877) 660-6853 for domestic callers or (201) 612-7415 for international callers and entering 13762450 from two hours after the end of the call until Thursday, November 12, 2026. The replay will also be available at Cognizant's website http://investors.cognizant.com for 60 days following the call.
About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.com
Is It Too Late to Buy Cognizant Technology Solutions Corp (CTSH) After 6.0% Rally? GF Value Says Undervalued
On October 01, 2026, Cognizant Technology Solutions Corp CTSH shares increased by 6.0%, closing at $60.88. The stock has shown volatility over the past year, with a 52-week range of $37.08 to $87.03.
GF Value™ verdict indicates that CTSH is currently priced at $60.88, which is 29.6% below its estimated fair value of $86.50. CTSH holds a GF Score™ of 88/100, reflecting a strong overall rating. Insider activity shows net selling of $6.1 million over the past 12 months, suggesting a cautious outlook from insiders. Is CTSH Overvalued or Undervalued? Cognizant Technology Solutions Corp CTSH is currently trading at $60.88, significantly below its GF Value™ of $86.50, indicating that the stock is undervalued by approximately 29.6%. This suggests a potential margin of safety for investors, as the stock price is considerably lower than its intrinsic value estimate derived from historical trading multiples, past business growth, and future performance projections. The GF Valuation label classifies CTSH as significantly undervalued, presenting a potential opportunity for investors looking to capitalize on this discrepancy.
However, while the undervaluation presents an opportunity, it is essential to proceed with caution, particularly given the recent financial performance trends and insider selling activity. The market sentiment may reflect some underlying concerns that could impact the stock's future performance.
How Does CTSH's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 13.1x 16.3x Forward P/E 9.6x N/A The current P/E (TTM) ratio of 13.1x is 20% below its 5-year median of 16.3x, indicating that the stock is trading at a lower valuation compared to its historical averages. This P/E analysis aligns with the GF Value™ verdict, reinforcing the notion that CTSH is undervalued relative to its historical performance.
What Does CTSH's GF Score™ Tell Us? The GF Score™ measures a company's financial strength, profitability, growth potential, valuation, and momentum, providing a comprehensive overview of its investment quality. With a GF Score™ of 88/100, CTSH demonstrates strong fundamentals, particularly in profitability and growth, while showing some weakness in valuation.
Metric Rating GF Score™ 88/100 Financial Strength 8/10 Profitability 9/10 Growth 8/10 Valuation 4/10 Momentum 7/10 CTSH's strongest areas lie in its profitability (9/10) and financial strength (8/10), indicating robust earnings and a solid balance sheet. However, the valuation rank of 4/10 highlights potential concerns regarding the stock's current pricing, which may not reflect its true value based on historical performance metrics.
What Are Gurus and Insiders Doing with CTSH? Currently, 17 gurus hold positions in CTSH, with 11 adding to their stakes and 6 trimming their positions in recent quarters. This activity reflects a generally positive sentiment among institutional investors. However, the net selling of $6.1 million by insiders over the past year raises questions about their confidence in the company's short-term prospects.
The pattern of insider selling, despite the presence of guru interest, suggests caution. Insiders may not view the current stock price as reflective of its potential value, which could indicate uncertainty regarding future performance. Investors should consider this mixed signal when evaluating CTSH's attractiveness as an investment opportunity.
What This Means for Investors Based on the analysis of GF Value™, CTSH appears to be undervalued at its current price of $60.88. However, the recent insider selling and overall market performance indicate that caution is warranted. While the stock offers a potential margin of safety, the mixed signals from insider activity and valuation metrics suggest that investors should remain vigilant. For further insights, visit the Cognizant Technology Solutions Corp CTSH stock page for comprehensive details and updates.
Frequently Asked Questions What is CTSH's GF Score™?
CTSH's GF Score™ is 88/100, indicating a strong overall rating based on various fundamental metrics.
Is CTSH overvalued or undervalued?
CTSH is currently undervalued, trading at 29.6% below its GF Value™ of $86.50.
What is CTSH's P/E ratio?
CTSH's P/E (TTM) ratio is 13.1x, which is 20% lower than its 5-year median of 16.3x, indicating a lower valuation compared to its historical averages.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
Investors interested in stocks from the Computers - IT Services sector have probably already heard of Cognizant (CTSH) and Roper Technologies (ROP). But which of these two companies is the best option for those looking for undervalued stocks?
Company recognized among the world's top employers for the fifth consecutive year
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced it has been named one of the World's Best Employers 2026 by Forbes for the fifth consecutive year. Presented in collaboration with Statista, the ranking recognizes organizations setting the global standard for workplace excellence.
The World's Best Employers were identified through an independent survey that measures employee recommendations, feedback and peer evaluations from more than 300,000 employees across 50 countries.
"Cognizant is proud to be named among Forbes' World's Best Employers for the fifth consecutive year," said Kathy Diaz, Chief People Officer, Cognizant. "Maintaining this recognition while at the forefront of the rapidly changing AI era reflects our focus on supporting our global workforce and staying true to our values as we evolve for the future."
This recognition adds to Cognizant's growing list of employer-related accolades, including being named to TIME World's Best Companies 2026 list, and being certified as a Great Place to Work® in 30 countries. Reflecting its continued evolution as an employer, Cognizant recently introduced Frontier Certified Engineer and Frontier Business Operator roles, purpose-built for the AI era and designed to help shape the next generation of AI-powered work.
Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, business-relevant data and various market and consumer studies and surveys.
To view the full World's Best Employers 2026 list, visit Forbes' website.
About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
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Stock to Watch: Cognizant (CTSH - Free Report) Headquartered in Teaneck, NJ, Cognizant Technology Solutions is a leading professional services company. Cognizant’s services include digital services and solutions, consulting, application development, systems integration, application testing, application maintenance, infrastructure services, and business process services.
CTSH is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. CTSH has a Growth Style Score of B, forecasting year-over-year earnings growth of 8.7% for the current fiscal year.
Eight analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.04 to $5.74 per share. CTSH also boasts an average earnings surprise of +3.6%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CTSH should be on investors' short list.
QRG Capital Management Inc. trimmed its stake in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) by 48.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 88,383 shares of the information technology service provider’s stock after selling 82,131 shares during the period. QRG Capital Management Inc.’s holdings in Cognizant Technology Solutions were worth $3,465,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Root Financial Partners LLC boosted its stake in shares of Cognizant Technology Solutions by 26.8% during the 4th quarter. Root Financial Partners LLC now owns 780 shares of the information technology service provider’s stock worth $65,000 after purchasing an additional 165 shares during the period. Parallel Advisors LLC increased its position in Cognizant Technology Solutions by 2.2% during the 4th quarter. Parallel Advisors LLC now owns 8,610 shares of the information technology service provider’s stock valued at $715,000 after purchasing an additional 186 shares during the period. New Mexico Educational Retirement Board boosted its stake in shares of Cognizant Technology Solutions by 0.9% during the fourth quarter. New Mexico Educational Retirement Board now owns 22,478 shares of the information technology service provider’s stock valued at $1,866,000 after purchasing an additional 200 shares in the last quarter. Resources Management Corp CT ADV increased its holdings in Cognizant Technology Solutions by 6.1% during the fourth quarter. Resources Management Corp CT ADV now owns 3,695 shares of the information technology service provider’s stock valued at $307,000 after buying an additional 211 shares during the period. Finally, Capital Advisors Ltd. LLC increased its holdings in Cognizant Technology Solutions by 34.5% during the first quarter. Capital Advisors Ltd. LLC now owns 959 shares of the information technology service provider’s stock valued at $59,000 after buying an additional 246 shares during the period. Hedge funds and other institutional investors own 92.44% of the company’s stock.
Wall Street Analyst Weigh In A number of analysts have weighed in on the company. Citigroup restated a “neutral” rating and set a $60.00 target price (up from $45.00) on shares of Cognizant Technology Solutions in a report on Thursday, July 30th. Weiss Ratings reissued a “hold (c-)” rating on shares of Cognizant Technology Solutions in a research report on Friday, August 7th. JPMorgan Chase & Co. decreased their price objective on Cognizant Technology Solutions from $74.00 to $55.00 and set an “overweight” rating for the company in a research note on Friday, July 24th. Wedbush raised Cognizant Technology Solutions from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $56.00 to $70.00 in a research report on Monday, June 8th. Finally, Daiwa Securities Group cut their target price on Cognizant Technology Solutions from $65.00 to $42.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 24th. Ten research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Cognizant Technology Solutions presently has an average rating of “Hold” and a consensus price target of $63.65.
Check Out Our Latest Analysis on CTSH Cognizant Technology Solutions Stock Performance CTSH opened at $57.33 on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.18 and a quick ratio of 2.18. The firm has a fifty day moving average price of $57.81 and a 200 day moving average price of $54.62. Cognizant Technology Solutions Corporation has a 1 year low of $37.08 and a 1 year high of $87.03. The stock has a market cap of $25.82 billion, a P/E ratio of 12.33, a P/E/G ratio of 1.07 and a beta of 0.83.
Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The information technology service provider reported $1.37 EPS for the quarter, missing the consensus estimate of $1.38 by ($0.01). Cognizant Technology Solutions had a net margin of 10.26% and a return on equity of 17.70%. The business had revenue of $5.48 billion during the quarter, compared to analyst estimates of $5.48 billion. During the same period in the previous year, the business posted $1.31 earnings per share. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. Equities research analysts anticipate that Cognizant Technology Solutions Corporation will post 5.74 earnings per share for the current year.
Cognizant Technology Solutions Announces Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 18th were given a $0.33 dividend. The ex-dividend date was Tuesday, August 18th. This represents a $1.32 annualized dividend and a dividend yield of 2.3%. Cognizant Technology Solutions’s dividend payout ratio (DPR) is 28.39%.
Cognizant Technology Solutions Company Profile (Free Report)
Cognizant Technology Solutions Corporation is a professional services and information technology company that helps organizations modernize their technology infrastructure, operations and customer experiences. The company provides consulting, systems integration, application development and maintenance, and business process services to clients across industries.
Its offerings include cloud enablement, software engineering, data and analytics, artificial intelligence, cybersecurity, automation and digital workplace solutions.
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Cognizant Technology Solutions remains undervalued despite AI disruption fears, trading at a forward P/E of 10.65x, over 60% below sector median. Recent rogue AI incidents highlight the necessity of human-driven controls, favoring CTSH's expertise in AI agent integration and safety. CTSH's Neuro AI Multi-Agent Accelerator and Trust layer position it to capture integration volumes as enterprises deploy complex AI agent networks.
Rebuilding Odyssey's transportation management platform from legacy forms into cloud-native software, with Odyssey reporting a 37 percent net cost saving inside a fixed budget and accelerated timeline. TEANECK, N.J.
Automation-led operations to drive user experience, efficiency and productivity
, /PRNewswire/ -- Cognizant (NASDAQ: CTSH), a leading AI builder and technology services provider, and Axis Bank, one of the largest private sector banks in India, today announced the successful implementation and go-live of Cognizant's Application Management Services (AMS) under Axis Bank's AMS 2.0 initiative for the Bank's stakeholders.
AMS 2.0 is a structured, jointly driven program designed to strengthen delivery governance, improve operational consistency and accelerate the adoption of automation across application support services. Built on automation-led practices, the model aims to enhance service reliability and cost efficiency while enabling productivity, scalability, and standardized processes, with a strong emphasis on governance, compliance and operational discipline.
Spearheaded by Axis Bank, the AMS 2.0 initiative forms a key pillar of the Bank's broader technology transformation journey. The collaboration underscores Axis Bank's strategic focus on building a scalable, resilient, and future-ready IT operating model, one that enables business growth, enhances system reliability and delivers a superior stakeholder experience across critical banking platforms.
Under a five-year agreement, Cognizant is working closely with Axis Bank to support systems across key business verticals, including Branch and Operations, Cards, Corporate Banking and Treasury, Core Platforms and Payments, Finance and Accounting, Retail and Wholesale Banking, Data Platforms and Integration.
Commenting on the collaboration, Avinash Raghavendra, Group Head - Information Technology & Retail Operations, Axis Bank, said, "The implementation of AMS 2.0 is part of Axis Bank's efforts to build a more resilient, scalable, and automation enabled operations model. Cognizant has worked closely with the Bank during this transition to support a complex application environment. We look forward to collaborating with Cognizant for Application Management Services (AMS) to enhance operational effectiveness and support the Bank's evolving business and technology needs."
Ganesh Ayyar, President – Asia Pacific & Japan, Cognizant, said, "We are pleased to collaborate with Axis Bank as part of its AMS 2.0 initiative. Our teams are focused on supporting the bank's application management requirements through disciplined service delivery, governance-led operations and the responsible use of automation to improve run stability and efficiency."
About Axis Bank:
Axis Bank is one of the largest private sector banks in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture, and Retail Businesses. It has 6,295 domestic branches (including extension counters) and 12,564 ATMs and cash recyclers spread across the country as on 30th June 2026. The Bank's Axis Virtual Centre is present across eight centres with 1,700 Virtual Relationship Managers as on 30th June 2026. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge, Axis Pension Fund and Axis Bank Foundation.
For more information, visit the website: https://www.axis.bank.in
About Cognizant:
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at https://www.cognizant.ai/ or @cognizant.
View original content to download multimedia:https://www.prnewswire.com/news-releases/axis-bank-and-cognizant-collaborate-to-strengthen-application-management-with-ams-2-0--302881065.html
Cognizant is an AI Builder company www.cognizant.ai
Axis Bank Automation-led operations to drive user experience, efficiency and productivity
, /PRNewswire/ -- Cognizant (NASDAQ: CTSH), a leading AI builder and technology services provider, and Axis Bank, one of the largest private sector banks in India, today announced the successful implementation and go-live of Cognizant's Application Management Services (AMS) under Axis Bank's AMS 2.0 initiative for the Bank's stakeholders.
AMS 2.0 is a structured, jointly driven program designed to strengthen delivery governance, improve operational consistency and accelerate the adoption of automation across application support services. Built on automation-led practices, the model aims to enhance service reliability and cost efficiency while enabling productivity, scalability, and standardized processes, with a strong emphasis on governance, compliance and operational discipline.
Spearheaded by Axis Bank, the AMS 2.0 initiative forms a key pillar of the Bank's broader technology transformation journey. The collaboration underscores Axis Bank's strategic focus on building a scalable, resilient, and future-ready IT operating model, one that enables business growth, enhances system reliability and delivers a superior stakeholder experience across critical banking platforms.
Under a five-year agreement, Cognizant is working closely with Axis Bank to support systems across key business verticals, including Branch and Operations, Cards, Corporate Banking and Treasury, Core Platforms and Payments, Finance and Accounting, Retail and Wholesale Banking, Data Platforms and Integration.
Commenting on the collaboration, Avinash Raghavendra, Group Head - Information Technology & Retail Operations, Axis Bank, said, "The implementation of AMS 2.0 is part of Axis Bank's efforts to build a more resilient, scalable, and automation enabled operations model. Cognizant has worked closely with the Bank during this transition to support a complex application environment. We look forward to collaborating with Cognizant for Application Management Services (AMS) to enhance operational effectiveness and support the Bank's evolving business and technology needs."
Ganesh Ayyar, President – Asia Pacific & Japan, Cognizant, said, "We are pleased to collaborate with Axis Bank as part of its AMS 2.0 initiative. Our teams are focused on supporting the bank's application management requirements through disciplined service delivery, governance-led operations and the responsible use of automation to improve run stability and efficiency."
About Axis Bank:
Axis Bank is one of the largest private sector banks in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture, and Retail Businesses. It has 6,295 domestic branches (including extension counters) and 12,564 ATMs and cash recyclers spread across the country as on 30th June 2026. The Bank's Axis Virtual Centre is present across eight centres with 1,700 Virtual Relationship Managers as on 30th June 2026. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge, Axis Pension Fund and Axis Bank Foundation.
For more information, visit the website: https://www.axis.bank.in
About Cognizant:
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at https://www.cognizant.ai/ or @cognizant.
Big Buybacks: 3 Large Caps Exceed 5% Repurchase PowerCognizant Technology Solutions NASDAQ: CTSH is repositioning its delivery model around artificial intelligence, with Chief Executive Officer Ravi Kumar describing a shift from a business centered on human capital to one that combines human and digital labor and increasingly sells outcomes rather than hours.
Speaking at a Truist Securities event with AI Digital Platforms and IT Services Analyst Arvind Ramnani, Kumar said the IT services industry faces a fundamental change as AI becomes more capable of performing action-oriented work. He said the company has made more than $1 billion in generative AI investments, according to Ramnani’s introduction, and is pursuing a broader role in clients’ business operations as well as technology systems.
Get CTSH alerts:
AI Expands Focus Beyond Software Engineering AI revolution: 3 stocks set to soar as technology evolvesKumar said traditional IT services models focused on building custom systems, integrating software and supporting cloud-based technology. AI, however, allows providers to embed digital labor into business processes, expanding the potential market beyond conventional software engineering.
“This is a business which is no longer going to be about human capital,” Kumar said. “It’s going to be about human and digital labor coming together to deliver a tech-led transformation.”
He said Cognizant sees three major elements in the evolving model:
Human and digital labor working together in client operations; More outcome-based commercial arrangements; and A “platforms plus services” approach. Kumar cited Cognizant’s TriZetto healthcare platform as an example of its platform strategy, saying the business now manages 200 million insured lives in the U.S. He said the company’s opportunity is larger if it expands into business operations rather than remaining focused solely on software engineering.
Client Work Moves From Productivity to New Use Cases Kumar characterized the initial phase of AI adoption in 2024 and 2025 as largely productivity-driven, with companies using the technology to complete existing work more efficiently. He said this can be deflationary for IT services revenue when providers pass productivity gains to clients.
More recently, he said Cognizant has seen a second category of demand emerge: applying AI to perform existing functions in new ways. Examples included helping an Asia-Pacific telecommunications client migrate mainframe systems to the public cloud, using AI to lower the cost of refactoring COBOL code.
He also pointed to “frontier finance,” in which AI is used to shift finance functions toward growth and real-time decision-making rather than controls, as well as pharmacovigilance, or drug safety. Cognizant has won four drug-safety deals, Kumar said, allowing the company to compete for work that had previously been handled in part by clinical research organizations.
In another example, Kumar said Cognizant is building agentic capabilities for independent wealth advisers at a U.S. wealth-management firm. He said financial services has activated AI demand across productivity, redesigned existing spending and new discretionary projects, contributing to double-digit year-over-year growth in Cognizant’s financial-services business for three consecutive quarters.
Pricing Mix Shifts Toward Fixed and Outcome-Based Work Kumar said Cognizant’s mix of fixed-price and outcome-based work has risen to 58%, while time-and-materials work represents 42%. He described outcome pricing as a spectrum ranging from managed services and transaction-based pricing to arrangements in which Cognizant assumes responsibility for a measurable business result.
For TriZetto, Kumar said the company has moved from perpetual software licenses to subscriptions and transaction-based pricing. Some clients are now considering pricing based on the number of insured lives managed rather than the number of transactions processed.
He also described an AI-infused rate-card framework ranging from A0, or fully human effort, to A3, or autonomous effort. While some clients accepted premiums for AI-enabled work, Kumar said clients have increasingly asked Cognizant to include AI model inference and pre-training costs in its rates rather than paying those costs directly to model providers.
Cognizant has pre-purchase arrangements with three frontier-model companies, Kumar said. He added that the company has begun taking responsibility for the AI capacity used in certain client engagements, including a publicly disclosed Travelport engagement involving operations and software engineering.
Deployment Capacity and Business-Process AI Kumar said Cognizant has 18,000 Claude-certified architects, 6,000 Codex badges and 5,000 Gemini certifications. But he said certifications are not the company’s ultimate goal; rather, Cognizant aims to make its workforce of more than 300,000 employees “frontier-led” while lowering the cost of deploying AI at scale.
He argued that clients do not need Cognizant simply to purchase AI capacity. Instead, they seek a provider that can determine the appropriate mix of human labor, digital labor, open-weight models and frontier models to deliver an outcome.
Kumar said business workflows most suitable for agentic AI generally have structured inputs, measurable outcomes, high transaction volumes and short feedback loops. He identified healthcare operations, billing, mortgage operations, legal operations and finance functions as potential areas of focus.
Looking ahead, Kumar said investors should focus primarily on growth. As additional measures, he identified revenue per person and margin per person as potentially useful indicators of how effectively IT services companies combine human and digital labor.
About Cognizant Technology Solutions (NASDAQ:CTSH)Cognizant Technology Solutions Corporation is a professional services and information technology company that helps organizations modernize their technology infrastructure, operations and customer experiences. The company provides consulting, systems integration, application development and maintenance, and business process services to clients across industries.
Its offerings include cloud enablement, software engineering, data and analytics, artificial intelligence, cybersecurity, automation and digital workplace solutions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Cognizant Technology Solutions Right Now?Before you consider Cognizant Technology Solutions, you'll want to hear this.
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Cognizant Technology Solutions Corporation (CTSH) Truist Technology Symposium: AI Transformation & Evolving Enterprise Debates September 15, 2026 2:00 PM EDT
Company Participants
Ravi Kumar S - CEO & Director
Conference Call Participants
Arvind Ramnani - Truist Securities, Inc., Research Division
Presentation
Arvind Ramnani
Truist Securities, Inc., Research Division
I'm Arvind Ramnani, AI, digital platforms and IT services analyst at Truist Securities. Thanks for everyone sitting in. Along with me, I have CEO of Cognizant, Ravi Kumar. Ravi, thanks for taking the time.
Ravi Kumar S
CEO & Director
Sure. Thank you.
Arvind Ramnani
Truist Securities, Inc., Research Division
So just a quick introduction, and then we'll jump into questions. Ravi became the CEO of Cognizant at a really interesting juncture of the company and a crossroads of what was happening with IT services. Since taking over, he has made AI central to how Cognizant works with its clients, supported by over $1 billion investments in GenAI. And I think it's probably worthwhile mentioning Ravi has been named to TIME AI 100 list for the past 2 years. I think the reason this is particularly important is because that list had a 75% turnover. So you just have like 25 folks that have made it 2 years in a row and I think like something to be proud of for yourself as well as Cognizant as well.
Ravi Kumar S
CEO & Director
Thank you. Thank you.
Question-and-Answer Session
Arvind Ramnani
Truist Securities, Inc., Research Division
So look, we have had a number of conversations over the years. I have lots of questions here, not enough time. So we'll kind of just jump right into the biggest debate for IT services. So for decades, right, this has been a fairly, I would say, well-run industry. The industry had a very predictable path to growth. You add people, more billable hours. But now with AI, kind of the
Company recognized for the second consecutive year for fostering an exceptional workplace.
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that it has been named one of America's Most Admired Workplaces 2027 by Newsweek and Plant-A Insights Group, marking the second consecutive year the company has earned this recognition. The list highlights organizations that excel at attracting talent, engaging employees and creating exceptional workplace experiences.
"As AI reshapes the world of work, we're focused on helping our people build future-ready skills, gain hands-on experience with leading technologies, and grow into the new opportunities this transformation is creating," said Kathy Diaz, Chief People Officer, Cognizant. "Being named one of Newsweek's America's Most Admired Workplaces for the second consecutive year reflects our commitment to fostering meaningful careers while creating a workplace culture that supports associates in being at their best."
This year's ranking recognizes 750 organizations for their ability to attract talent, foster employee engagement and deliver a strong overall workplace experience. The evaluation draws on more than 390,000 employee interviews and insights from over 179,000 workers across key workplace satisfaction categories, alongside more than 120 workforce performance indicators. Combined with a qualitative assessment of workplace practices, the ranking offers a comprehensive view of employer excellence.
This recognition adds to a growing list of workplace accolades for Cognizant, including being named to TIME's America's Best Companies list, Newsweek's America's Greatest Workplaces for Entry Level 2026, and earning Great Place to Work® certification in 31 countries. These recognitions reflect Cognizant's ongoing commitment to creating an exceptional employee experience and investing in the workforce of the future, including its pledge to hire 1,500 U.S. college graduates.
"Being recognized among Newsweek's America's Most Admired Workplaces is a meaningful reflection of the culture that companies around the country strive to create every day. This recognition validates commitments to our employees and reinforces the importance of building a workplace where people feel valued, supported and empowered to do their best work," said Ryan Kinney, Senior Vice-President, Newsweek.
To view the full America's Most Admired Workplaces 2027 list, visit Newsweek's website.
About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
Big Buybacks: 3 Large Caps Exceed 5% Repurchase PowerCognizant Technology Solutions NASDAQ: CTSH CFO Jatin Dalal said the IT services industry’s prolonged period of slow growth reflects both secular pressures from artificial intelligence and a broader lack of discretionary spending across several end markets.
Speaking at a Citi fireside chat hosted by IT services analyst Bryan Keane, Dalal said banking, financial services and insurance remained a notable exception. Cognizant posted double-digit growth in BFSI during the second quarter, he said, despite AI-related productivity gains and other pressures affecting the industry.
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AI revolution: 3 stocks set to soar as technology evolves“It is some amount of secular pressure, but it is also largely the lack of discretionary spend in the rest of the sector,” Dalal said.
Demand Varies by Industry Dalal described demand conditions as broadly unchanged from the company’s recent earnings-call commentary, though performance differs significantly by vertical. In communications, media and technology, he said technology customers continue to invest in their futures and have maintained a strong discretionary-spending environment.
However, aggregate CMT growth has been held back by communications-sector trends and the effect of a particular customer that weighed on Cognizant’s first-half results. Dalal said that customer’s situation has stabilized and should no longer create an additional negative headwind, potentially improving the outlook for the segment in coming quarters.
He said Cognizant does not currently see similar customer spending decisions on the horizon. Elsewhere, products and resources customers are working through supply-chain effects tied to geopolitical conditions, while healthcare is navigating policy-related challenges and opportunities, according to Dalal.
AI Reshaping Delivery Models and Competition Dalal said AI is changing the basis of competition for large IT services contracts. Rather than simply focusing on whether an incumbent provider is displaced by a new competitor, clients are increasingly evaluating whether providers understand the use case for AI and can demonstrate they will remain technologically relevant over the next several years.
Incumbent providers still retain an advantage from their knowledge of a client’s existing IT environment, he said. That context is especially valuable in AI deployments, where Dalal characterized the outcome as a combination of AI and customer-specific context.
On workforce trends, Dalal said employment among major IT services firms increased from 2023 to 2024 and again from 2024 to 2025, but has become “largely flattish” from 2025 to 2026. He expects staffing levels to remain within a relatively narrow range for the next 18 to 24 months rather than show substantial additions or reductions.
Over time, he said, employee costs should decline as a portion of cost of sales and be replaced in part by virtual effort and inference costs, while companies seek to preserve gross margins.
Dalal also said new spending on large language model tokens and graphics processing unit usage currently represents an outsized portion of technology budgets, much as software licensing and cloud spending did in earlier cycles. He expects services spending to regain a more balanced share of customer budgets as companies focus on realizing value from those technology investments.
Large Deals, AI Offerings and Revenue Mix Dalal said Cognizant reached its targeted “winner’s circle” competitive position in 2025, earlier than its previous 2027 aspiration, and maintained that standing through the first six months of 2026. He attributed the performance to the company’s combination of domain knowledge and technology capabilities, its ability to win and execute large deals, and relatively high investment in AI.
He said bookings were up 5% over the trailing 12 months, supported by large-deal activity. New work volumes are growing at a double-digit pace, he said, but that growth is partly offset by productivity-led shrinkage in existing work. Cognizant has said that 40% of its software-engineering work is now AI-assisted, reducing human effort required in that area.
Cognizant expects its traditional “vector one” services to remain the dominant source of revenue in 2026. Dalal said vector two and vector three opportunities are becoming more visible in bookings, including contracts larger than proof-of-concept projects or $2 million to $3 million engagements, but are generally not yet comparable to $300 million contracts. He expects their revenue contribution to become more meaningful in 2027 and 2028.
The company is also incorporating inference into pricing models. Dalal said fixed-price customers increasingly focus on total cost of ownership rather than individual labor rate cards. For time-and-materials work, Cognizant is using an A0-to-A4 framework that distinguishes between traditional human-led delivery and varying degrees of AI-led or agentic work.
Margins, Capital Allocation and India Listing Discussions Dalal said Cognizant expects gross margin to improve gradually. The company has guided for a 10-basis-point increase in operating margin at the midpoint of its 2026 guidance range from Project Leap, a savings program whose benefits are being partly reinvested in employee training, AI delivery infrastructure and internal tools.
For capital allocation, Dalal said Cognizant plans to maintain its 50/25/25 framework, allocating 50% to mergers and acquisitions, 25% to dividends and 25% to buybacks. The company added and executed an additional $1 billion buyback in May, which he described as an opportunistic acceleration of future repurchases.
On a potential Indian listing, Dalal said Cognizant expects regulators to offer draft regulations by the end of the year. The board would then assess whether the resulting framework serves the interests of existing shareholders and other stakeholders before deciding whether to proceed.
About Cognizant Technology Solutions (NASDAQ:CTSH)Cognizant Technology Solutions Corporation is a professional services and information technology company that helps organizations modernize their technology infrastructure, operations and customer experiences. The company provides consulting, systems integration, application development and maintenance, and business process services to clients across industries.
Its offerings include cloud enablement, software engineering, data and analytics, artificial intelligence, cybersecurity, automation and digital workplace solutions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
Should You Invest $1,000 in Cognizant Technology Solutions Right Now?Before you consider Cognizant Technology Solutions, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cognizant Technology Solutions wasn't on the list.
While Cognizant Technology Solutions currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
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The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.
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Stock to Watch: Cognizant (CTSH - Free Report) Headquartered in Teaneck, NJ, Cognizant Technology Solutions is a leading professional services company. Cognizant’s services include digital services and solutions, consulting, application development, systems integration, application testing, application maintenance, infrastructure services, and business process services.
CTSH is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. CTSH has a Growth Style Score of B, forecasting year-over-year earnings growth of 8.1% for the current fiscal year.
Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.01 to $5.71 per share. CTSH also boasts an average earnings surprise of +3.6%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CTSH should be on investors' short list.
ABS Direct Equity Fund LLC acquired a new position in Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 9,300 shares of the information technology service provider’s stock, valued at approximately $360,000.
A number of other hedge funds and other institutional investors also recently bought and sold shares of CTSH. California State Teachers Retirement System boosted its stake in Cognizant Technology Solutions by 3,538.3% in the second quarter. California State Teachers Retirement System now owns 26,880,130 shares of the information technology service provider’s stock valued at $1,041,067,000 after acquiring an additional 26,141,316 shares in the last quarter. Pzena Investment Management LLC lifted its holdings in shares of Cognizant Technology Solutions by 14.9% during 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 purchasing an additional 2,633,683 shares during the last quarter. Invesco Ltd. boosted its position in shares of Cognizant Technology Solutions by 8.6% in the 3rd quarter. Invesco Ltd. now owns 12,534,198 shares of the information technology service provider’s stock worth $840,669,000 after purchasing an additional 987,395 shares in the last quarter. Norges Bank acquired a new stake in shares of Cognizant Technology Solutions in the 4th quarter worth $690,959,000. Finally, GQG Partners LLC purchased a new position in Cognizant Technology Solutions during the 4th quarter worth $673,651,000. Hedge funds and other institutional investors own 92.44% of the company’s stock.
Analyst Upgrades and Downgrades Several brokerages recently issued reports on CTSH. Wells Fargo & Company upped their target price on Cognizant Technology Solutions from $61.00 to $67.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Wedbush upgraded Cognizant Technology Solutions from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $56.00 to $70.00 in a research note on Monday, June 8th. JPMorgan Chase & Co. cut their price objective on shares of Cognizant Technology Solutions from $74.00 to $55.00 and set an “overweight” rating on the stock in a report on Friday, July 24th. Morgan Stanley reaffirmed a “negative” rating and issued a $51.00 price objective (up from $44.00) on shares of Cognizant Technology Solutions in a research report on Thursday, July 30th. Finally, Nomura lowered their target price on shares of Cognizant Technology Solutions from $93.00 to $74.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Ten equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $63.00.
Read Our Latest Report on Cognizant Technology Solutions Cognizant Technology Solutions Stock Performance Shares of CTSH opened at $58.32 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.18 and a current ratio of 2.18. The stock has a 50-day moving average of $54.06 and a two-hundred day moving average of $54.83. The stock has a market cap of $26.27 billion, a P/E ratio of 12.54, a P/E/G ratio of 1.09 and a beta of 0.83. Cognizant Technology Solutions Corporation has a one year low of $37.08 and a one year high of $87.03.
Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The information technology service provider reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.01). Cognizant Technology Solutions had a net margin of 10.26% and a return on equity of 17.70%. The firm had revenue of $5.48 billion during the quarter, compared to analyst estimates of $5.48 billion. During the same period in the prior year, the company posted $1.31 earnings per share. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. As a group, research analysts predict that Cognizant Technology Solutions Corporation will post 5.71 EPS for the current year.
Cognizant Technology Solutions Announces Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Tuesday, August 18th were given a $0.33 dividend. The ex-dividend date was Tuesday, August 18th. This represents a $1.32 dividend on an annualized basis and a yield of 2.3%. Cognizant Technology Solutions’s dividend payout ratio is currently 28.39%.
Cognizant Technology Solutions announced that its board has approved a stock repurchase plan on Monday, May 18th that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the information technology service provider to purchase up to 9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.
Cognizant Technology Solutions Company Profile (Free Report)
Cognizant Technology Solutions Corporation is a professional services and information technology company that helps organizations modernize their technology infrastructure, operations and customer experiences. The company provides consulting, systems integration, application development and maintenance, and business process services to clients across industries.
Its offerings include cloud enablement, software engineering, data and analytics, artificial intelligence, cybersecurity, automation and digital workplace solutions.
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Company recognized for employee satisfaction, revenue growth and sustainability transparency
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that it has been named to TIME's list of World's Best Companies 2026 for the third consecutive year. This prestigious recognition identifies 1,000 top-performing companies that set the standard for employee satisfaction, revenue growth and sustainability transparency on a global stage.
TIME and Statista evaluated the World's Best Companies 2026 across three dimensions: employee satisfaction, revenue growth, and sustainability transparency. Employee satisfaction drew on survey data from more than 200,000 employees worldwide, incorporating both direct recommendations and peer evaluations. Revenue growth was assessed based on companies demonstrating growth over the past three years, with revenues exceeding 100 million USD. Sustainability transparency was evaluated based on environmental impact, social responsibility, and governance practices.
"Being recognized on TIME's World's Best Companies list reflects the strength of our talent and culture around the world," said Kathy Diaz, Chief People Officer, Cognizant. "As an AI Builder serving many of the world's leading organizations, we create opportunities for our associates to build expertise at the frontier of technology, shape meaningful careers and make an impact through the work they do every day."
This recognition adds to a growing list of global accolades for Cognizant, including being certified as Great Place to Work® in 31 countries and being named to Ethisphere's World's Most Ethical Companies list. Together, these distinctions reflect the strength and consistency of Cognizant's culture across its global workforce.
Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, business-relevant data and various market and consumer studies and surveys.
To view the full World's Best Companies 2026 list, visit TIME's website.
About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
NEOS Investment Management LLC lowered its position in Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) by 77.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 78,063 shares of the information technology service provider’s stock after selling 262,380 shares during the period. NEOS Investment Management LLC’s holdings in Cognizant Technology Solutions were worth $3,023,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new stake in Cognizant Technology Solutions in the 3rd quarter valued at $25,000. Prosperity Bancshares Inc acquired a new position in Cognizant Technology Solutions during the fourth quarter worth $29,000. Signature Equity Partners LLC lifted its stake 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 valued at $37,000 after buying an additional 303 shares in the last quarter. Reflection Asset Management acquired a new position in shares of Cognizant Technology Solutions during the fourth quarter valued at about $40,000. Finally, MV Capital Management Inc. acquired a new position in shares of Cognizant Technology Solutions during the fourth quarter valued at about $42,000. Institutional investors and hedge funds own 92.44% of the company’s stock.
CTSH stock opened at $62.31 on Tuesday. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 0.11. The firm has a market cap of $28.07 billion, a PE ratio of 13.40, a P/E/G ratio of 1.16 and a beta of 0.83. The business has a 50 day moving average of $52.97 and a 200-day moving average of $54.98. Cognizant Technology Solutions Corporation has a 12-month low of $37.08 and a 12-month high of $87.03.
Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The information technology service provider reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.01). Cognizant Technology Solutions had a return on equity of 17.70% and a net margin of 10.26%.The business had revenue of $5.48 billion during the quarter, compared to analysts’ expectations of $5.48 billion. During the same period in the prior year, the firm posted $1.31 EPS. The firm’s revenue for the quarter was up 4.5% on a year-over-year basis. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. As a group, sell-side analysts expect that Cognizant Technology Solutions Corporation will post 5.71 earnings per share for the current year. Cognizant Technology Solutions declared that its board has authorized a share buyback plan on Monday, May 18th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the information technology service provider to repurchase up to 9% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.
Cognizant Technology Solutions Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Shareholders of record on Tuesday, August 18th were given a $0.33 dividend. The ex-dividend date of this dividend was Tuesday, August 18th. This represents a $1.32 annualized dividend and a yield of 2.1%. Cognizant Technology Solutions’s payout ratio is currently 28.39%.
Analysts Set New Price Targets CTSH has been the topic of a number of analyst reports. 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. Deutsche Bank Aktiengesellschaft set a $55.00 price objective on Cognizant Technology Solutions in a report on Friday, July 10th. Robert W. Baird set a $68.00 target price on Cognizant Technology Solutions in a report on Thursday, July 30th. Truist Financial initiated coverage on Cognizant Technology Solutions in a research report on Monday, June 1st. They set a “hold” rating and a $66.00 target price on the stock. Finally, Berenberg Bank set a $59.00 price target on Cognizant Technology Solutions and gave the stock a “hold” rating in a report on Wednesday, June 17th. 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, Cognizant Technology Solutions currently has a consensus rating of “Hold” and a consensus price target of $63.00.
Check Out Our Latest Stock Report on CTSH
Cognizant Technology Solutions Company Profile (Free Report)
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.
See Also Five stocks we like better than Cognizant Technology Solutions 3 Under-the-Radar Defense Stocks With Record Backlogs This Korea ETF Has Soared, But the Rally May Not Be Over Why Guidewire’s Post-Earnings Plunge May Not Last Ride-Share Reckoning: Tesla Drives Into Uber’s Lane Want to see what other hedge funds are holding CTSH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report).
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Cognizant Technology Solutions Corporation (CTSH) Citi's 2026 Global TMT Conference September 8, 2026 10:10 AM EDT
Company Participants
Jatin Dalal - Chief Financial Officer
Conference Call Participants
Bryan Keane - Citigroup Inc., Research Division
Presentation
Bryan Keane
Citigroup Inc., Research Division
Welcome. I'm Bryan Keane. I cover IT services here at Citi.
And we're excited to have Cognizant here for a fireside chat. We've got Jatin Dalal, who's the CFO. We're going to run through a list of questions, and if you have any in the audience, feel free to raise your hand and we'll run a mic or I'll repeat the question for you.
But first, Jatin, thanks for coming and thanks for being here.
Jatin Dalal
Chief Financial Officer
No, thank you. Thank you for hosting us. I appreciate the opportunity.
Question-and-Answer Session
Bryan Keane
Citigroup Inc., Research Division
Yes. So I wanted to start kind of high level thinking about the IT services industry. It's growing revenue well below its historical norms. How much do you think can be explained by the geopolitical turmoil versus the secular industry pressures from AI?
Jatin Dalal
Chief Financial Officer
I think it's an interesting question to start. If you see, there is -- the industry has seen now more than a few years or 2 or 3 years of slow growth. In our assessment, it is partially the secular pressure, but it's also the lack of discretionary spend. Because for example, in BFSI, Cognizant grew double-digit in quarter 2. And that was notwithstanding the secular pressure because of AI-led productivity and everything else that is going sort of around the world.
So I think it is some amount of secular pressure, but it is also largely the lack of discretionary spend in the rest of the sector which is sort of
Cognizant expands its commitment to America's workforce by hiring U.S. college graduates, scaling new AI-era job categories, leading a national worker-transition coalition and doubling a global AI skilling commitment to two million people
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading AI Builder and technology services provider, today detailed how it is building and preparing the American workforce for the AI era. The Company's research finds that AI could unlock $4.5 trillion in U.S. labor productivity and $1 trillion in additional U.S. economic value over the next decade, and Cognizant is committed to helping American workers capture that opportunity first. Cognizant plans to hire 1,500 U.S. college graduates and scale a new Frontier Certified Engineer and Frontier Business Operator workforce to 15,000 people, backed by annual direct hiring from universities. The company's position is that AI should expand opportunity for American workers, not shrink it.
That commitment extends beyond Cognizant's own hiring. The company has also joined RAISE US, a new bipartisan national coalition, with Ravi Kumar S serving on its Advisory Board, and signed the White House's Pledge to America's Youth: Investing in Artificial Intelligence (AI) Education. Furthering that commitment, Cognizant's global Synapse skilling initiative has already surpassed its original goal of training one million people a full year ahead of schedule, prompting Cognizant to double its ambition to two million by 2030.
"We are hiring American graduates, standing up new American job categories for the AI era, and putting Cognizant's capital and leadership behind a national coalition built to make sure this transition works for workers," said Ravi Kumar S, Chief Executive Officer of Cognizant. "We believe AI will create significantly more jobs than it displaces and shift greater value, wages and accountability to the frontlines of America's workforce. The opportunity now is to build those pathways quickly, so American workers and enterprises capture that value first."
Building the American AI-Era Workforce
As Cognizant continues to invest in homegrown talent, the company aims to hire graduates from across the country and draw on its university partnerships with the University of Georgia, Arizona State University and the University of Kentucky, as well as its role as a national program sponsor of registered apprenticeships with the U.S. Department of Labor, to hire its 2026 graduate roles.
The company is also scaling Frontier Certified Engineers and Frontier Business Operators, a new AI-era professional job family, to a combined 15,000 people, with university hiring built into the model. The approach is already delivering results: a Frontier Certified Engineer and Frontier Business Operator pod recently reimagined a large food-service company's account-management workflow into seventeen production AI agents, reclaiming roughly eleven hours per account manager each week. That workforce is being built on the leading frontier AI platforms: Cognizant holds more than 15,000 Claude certifications, the most of any Anthropic partner globally, and 5,000 Codex certifications as one of a small group of global OpenAI Codex partners, while Google Cloud is expanding its Gemini Enterprise partnership with Cognizant around Frontier Certified Engineers and scaled client execution. Cognizant is building a leading enterprise AI implementation position among frontier AI providers, and American workers trained in these roles get direct access to the tools defining the AI era.
"AI is fundamentally reshaping job roles across sectors, and the workforce should be helping drive that change instead of scrambling to keep up with it," said Surya Gummadi, President, Americas, Cognizant. "That's why we're hiring U.S. graduates directly into the roles this shift is creating. Frontier Certified Engineers and Frontier Business Operators are real, funded positions at Cognizant today, and they are proof that this transition creates opportunity for American workers, not just disruption."
Leading a National Coalition for Worker Transition
RAISE US was launched by former Commerce Secretary Gina Raimondo and former Indiana Governor Eric Holcomb to help American workers transition into the AI economy. Ravi Kumar S sits on its Advisory Board alongside leaders from Amazon, Anthropic, Bank of America, IBM, Microsoft and the OpenAI Foundation. The coalition launched with state partnerships in Arkansas, Connecticut, Maryland and Utah and aims to mobilize $1 billion to fund worker retraining, redeployment incentives and new earn-and-learn training pathways.
"America has a technology strategy for leading the global AI competition. It does not yet have a people strategy — and we cannot lead without one," said Gina Raimondo, CEO of RAISE US, at the coalition's launch. Kumar added: "RAISE US gives us a platform to advance the work we've already started at Cognizant, and to co-design and scale these models with industry and state partners to strengthen workforce transitions across the U.S."
Expanding Skilling, Education and Philanthropic Commitments
Beyond Synapse, Cognizant has awarded $70 million in philanthropic grants since 2018 to expand access to STEM education and technology careers and has built a global strategic partnership with Pearson and a workforce-development collaboration with the Association of Community College Trustees. Research from Cognizant and Oxford Economics underpinning these commitments estimates that AI is already capable of performing $4.5 trillion worth of U.S. work tasks today, with generative AI poised to inject $1 trillion into the U.S. economy over the next decade. Cognizant frames the gap between that potential and what enterprises are realizing today as a workforce problem the company intends to help solve through direct investment in American training infrastructure.
"Every one of these efforts points to the same conclusion," said Kumar. "The AI economy will be built by people who know how to work with AI, not by AI alone. Cognizant is proving that at scale, in American classrooms, on American campuses and inside American statehouses, and we intend to keep leading."
About Cognizant
Cognizant is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.
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Cognizant expands its commitment to America's workforce by hiring U.S. college graduates, scaling new AI-era job categories, leading a national worker-transition coalition and doubling a global AI skilling commitment to two million people
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading AI Builder and technology services provider, today detailed how it is building and preparing the American workforce for the AI era. The Company's research finds that AI could unlock $4.5 trillion in U.S. labor productivity and $1 trillion in additional U.S. economic value over the next decade, and Cognizant is committed to helping American workers capture that opportunity first. Cognizant plans to hire 1,500 U.S. college graduates and scale a new Frontier Certified Engineer and Frontier Business Operator workforce to 15,000 people, backed by annual direct hiring from universities. The company's position is that AI should expand opportunity for American workers, not shrink it.
That commitment extends beyond Cognizant's own hiring. The company has also joined RAISE US, a new bipartisan national coalition, with Ravi Kumar S serving on its Advisory Board, and signed the White House's Pledge to America's Youth: Investing in Artificial Intelligence (AI) Education. Furthering that commitment, Cognizant's global Synapse skilling initiative has already surpassed its original goal of training one million people a full year ahead of schedule, prompting Cognizant to double its ambition to two million by 2030.
"We are hiring American graduates, standing up new American job categories for the AI era, and putting Cognizant's capital and leadership behind a national coalition built to make sure this transition works for workers," said Ravi Kumar S, Chief Executive Officer of Cognizant. "We believe AI will create significantly more jobs than it displaces and shift greater value, wages and accountability to the frontlines of America's workforce. The opportunity now is to build those pathways quickly, so American workers and enterprises capture that value first."
Building the American AI-Era Workforce
As Cognizant continues to invest in homegrown talent, the company aims to hire graduates from across the country and draw on its university partnerships with the University of Georgia, Arizona State University and the University of Kentucky, as well as its role as a national program sponsor of registered apprenticeships with the U.S. Department of Labor, to hire its 2026 graduate roles.
The company is also scaling Frontier Certified Engineers and Frontier Business Operators, a new AI-era professional job family, to a combined 15,000 people, with university hiring built into the model. The approach is already delivering results: a Frontier Certified Engineer and Frontier Business Operator pod recently reimagined a large food-service company's account-management workflow into seventeen production AI agents, reclaiming roughly eleven hours per account manager each week. That workforce is being built on the leading frontier AI platforms: Cognizant holds more than 15,000 Claude certifications, the most of any Anthropic partner globally, and 5,000 Codex certifications as one of a small group of global OpenAI Codex partners, while Google Cloud is expanding its Gemini Enterprise partnership with Cognizant around Frontier Certified Engineers and scaled client execution. Cognizant is building a leading enterprise AI implementation position among frontier AI providers, and American workers trained in these roles get direct access to the tools defining the AI era.
"AI is fundamentally reshaping job roles across sectors, and the workforce should be helping drive that change instead of scrambling to keep up with it," said Surya Gummadi, President, Americas, Cognizant. "That's why we're hiring U.S. graduates directly into the roles this shift is creating. Frontier Certified Engineers and Frontier Business Operators are real, funded positions at Cognizant today, and they are proof that this transition creates opportunity for American workers, not just disruption."
Leading a National Coalition for Worker Transition
RAISE US was launched by former Commerce Secretary Gina Raimondo and former Indiana Governor Eric Holcomb to help American workers transition into the AI economy. Ravi Kumar S sits on its Advisory Board alongside leaders from Amazon, Anthropic, Bank of America, IBM, Microsoft and the OpenAI Foundation. The coalition launched with state partnerships in Arkansas, Connecticut, Maryland and Utah and aims to mobilize $1 billion to fund worker retraining, redeployment incentives and new earn-and-learn training pathways.
"America has a technology strategy for leading the global AI competition. It does not yet have a people strategy — and we cannot lead without one," said Gina Raimondo, CEO of RAISE US, at the coalition's launch. Kumar added: "RAISE US gives us a platform to advance the work we've already started at Cognizant, and to co-design and scale these models with industry and state partners to strengthen workforce transitions across the U.S."
Expanding Skilling, Education and Philanthropic Commitments
Beyond Synapse, Cognizant has awarded $70 million in philanthropic grants since 2018 to expand access to STEM education and technology careers and has built a global strategic partnership with Pearson and a workforce-development collaboration with the Association of Community College Trustees. Research from Cognizant and Oxford Economics underpinning these commitments estimates that AI is already capable of performing $4.5 trillion worth of U.S. work tasks today, with generative AI poised to inject $1 trillion into the U.S. economy over the next decade. Cognizant frames the gap between that potential and what enterprises are realizing today as a workforce problem the company intends to help solve through direct investment in American training infrastructure.
"Every one of these efforts points to the same conclusion," said Kumar. "The AI economy will be built by people who know how to work with AI, not by AI alone. Cognizant is proving that at scale, in American classrooms, on American campuses and inside American statehouses, and we intend to keep leading."
About Cognizant
Cognizant is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.
AXQ Capital LP boosted its holdings in Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) by 744.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,121 shares of the information technology service provider’s stock after buying an additional 96,195 shares during the period. Cognizant Technology Solutions makes up 0.5% of AXQ Capital LP’s investment portfolio, making the stock its 28th biggest holding. AXQ Capital LP’s holdings in Cognizant Technology Solutions were worth $4,226,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Security National Bank of SO Dak boosted its position in shares of Cognizant Technology Solutions by 0.6% in the second quarter. Security National Bank of SO Dak now owns 24,635 shares of the information technology service provider’s stock valued at $1,922,000 after acquiring an additional 150 shares during the period. Advisory Alpha LLC grew its position in shares of Cognizant Technology Solutions by 2.8% during the 4th quarter. Advisory Alpha LLC now owns 5,987 shares of the information technology service provider’s stock valued at $497,000 after purchasing an additional 163 shares in the last quarter. Quarry LP increased its holdings in shares of Cognizant Technology Solutions by 23.9% in the fourth quarter. Quarry LP now owns 844 shares of the information technology service provider’s stock worth $70,000 after purchasing an additional 163 shares during the period. Root Financial Partners LLC raised its position in shares of Cognizant Technology Solutions by 26.8% in the fourth quarter. Root Financial Partners LLC now owns 780 shares of the information technology service provider’s stock worth $65,000 after buying an additional 165 shares in the last quarter. Finally, Altman Advisors Inc. raised its position in shares of Cognizant Technology Solutions by 0.7% in the fourth quarter. Altman Advisors Inc. now owns 23,313 shares of the information technology service provider’s stock worth $1,935,000 after buying an additional 167 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.
Wall Street Analyst Weigh In Several equities analysts recently commented on CTSH shares. Guggenheim restated a “buy” rating and set a $65.00 target price (down from $80.00) on shares of Cognizant Technology Solutions in a research report on Monday, July 27th. Robert W. Baird set a $68.00 price target on Cognizant Technology Solutions in a report on Thursday, July 30th. Mizuho set a $64.00 price target on Cognizant Technology Solutions in a research report on Thursday, August 6th. Wedbush raised Cognizant Technology Solutions from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $56.00 to $70.00 in a report on Monday, June 8th. Finally, Berenberg Bank set a $59.00 price objective on shares of Cognizant Technology Solutions and gave the stock a “hold” rating in a research report on Wednesday, June 17th. Ten analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Cognizant Technology Solutions currently has an average rating of “Hold” and a consensus target price of $63.00.
Check Out Our Latest Research Report on CTSH Cognizant Technology Solutions Price Performance CTSH opened at $64.64 on Friday. 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 stock has a market capitalization of $29.12 billion, a P/E ratio of 13.90, a PEG ratio of 1.19 and a beta of 0.83. The stock has a 50-day moving average price of $52.05 and a 200-day moving average price of $55.03. Cognizant Technology Solutions Corporation has a 12-month low of $37.08 and a 12-month high of $87.03.
Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The information technology service provider reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.01). The firm had revenue of $5.48 billion for the quarter, compared to analysts’ expectations of $5.48 billion. Cognizant Technology Solutions had a net margin of 10.26% and a return on equity of 17.70%. The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.31 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. Equities analysts predict that Cognizant Technology Solutions Corporation will post 5.71 earnings per share for the current fiscal year.
Cognizant Technology Solutions Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Tuesday, August 18th were given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Tuesday, August 18th. Cognizant Technology Solutions’s dividend payout ratio (DPR) is presently 28.39%.
Cognizant Technology Solutions declared that its Board of Directors has initiated a share buyback plan on Monday, May 18th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the information technology service provider to repurchase up to 9% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.
(Free Report)
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.
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TEANECK, N.J., Sept. 1, 2026 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading AI builder and technology services provider, today announced its participation in the following investor conferences: Citi 's 2026 Global TMT Conference Presenter: Jatin Dalal, Chief Financial Officer Date: Tuesday, September 8, 2026 Time: 10:10-10:45 AM ET 2026 Truist Securities Technology Symposium Presenter: Ravi Kumar S, Chief Executive Officer Date: Tuesday, September 15, 2026 Time: 2:00-2:40 PM ET Live audio webcasts of the presentations will be available at Cognizant's website: http://investors.cognizant.com Replays of the webcasts will remain available on the company's website for 90 days.
Collaboration introduces Cognizant Cybersecurity for Operational Technology, powered by CrowdStrike Falcon® for XIoT
, /PRNewswire/ -- Cognizant (NASDAQ: CTSH) and CrowdStrike (NASDAQ: CRWD) today announced an expanded collaboration to introduce Cognizant Cybersecurity for Operational Technology, an Operational Technology (OT) security service powered by CrowdStrike Falcon® for XIoT. The service combines Cognizant's industrial engineering expertise and managed security operations with CrowdStrike's unified visibility and protection across XIoT and IT environments designed to help protect mission-critical assets.
As IT and OT environments continue to converge, industrial organizations face increasing cybersecurity risk. Legacy assets, expanded connectivity, remote access, and the proliferation of Industrial Internet of Things (IIoT) technologies are creating attack surfaces that traditional security approaches may not fully address. In OT environments, a successful cyberattack may disrupt production, affect safety systems or damage to critical operations. This underscores the need for cybersecurity strategies tailored to each organization's unique operational environment.
"Organizations are increasingly looking for cybersecurity solutions that reflect the realities of their unique operating environments," said Vishal Salvi, SVP & Global Head of Cybersecurity, Cognizant. "As an AI Builder, Cognizant understands that effective cybersecurity must be tailored to each client's operational context. Together with CrowdStrike, we're bringing a unified approach that combines CrowdStrike security technology with deep industrial expertise to help clients reduce risk, strengthen resilience and protect critical operations."
Cognizant's OT Security service, powered by Falcon for XIoT, is designed to provide unified visibility and protection across XIoT and IT environments, combined with 24x7 managed operations to help protect critical assets while helping minimize disruption to industrial processes. Cognizant's engagement model follows an assess, architect, act and assure lifecycle across six OT security domains, supporting a structured, end-to-end approach from initial asset discovery through continuous governance.
"IT and OT convergence has erased the boundaries adversaries once faced," said Daniel Bernard, Chief Business Officer at CrowdStrike. "Together, CrowdStrike and Cognizant are bringing AI-powered protection across IT and OT to stop breaches without disrupting the critical operations businesses depend on – all on cybersecurity's winning single platform, Falcon."
The service's capabilities span OT asset discovery and visibility, threat detection and response, vulnerability management, attack surface management, identity and data protection, and governance and compliance. The partnership, which originated in 2025, has already secured clients across manufacturing, energy and critical infrastructure sectors.
Together, Cognizant and CrowdStrike aim to help organizations modernize OT security while protecting the critical operations their businesses depend on to run.
About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai or @cognizant.
For more information, contact:
About CrowdStrike
CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world's most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.
Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft, and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting, and prioritized observability of vulnerabilities.
Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity, and immediate time-to-value.
CrowdStrike: We stop breaches.
Learn more: https://www.crowdstrike.com/
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Cognizant CEO honored for helping redefine enterprise AI transformation through workforce reinvention and next-generation operating models
, /PRNewswire/ -- Cognizant (Nasdaq: CTSH) today announced that, for the second consecutive year, Ravi Kumar S, Chief Executive Officer of Cognizant, has been named to the 2026 TIME100 AI list, TIME's annual recognition of the world's most influential leaders, innovators and thinkers shaping the future of artificial intelligence.
The recognition comes amid Cognizant's emergence as one of the industry's leading AI builders. Under Ravi's leadership, the company has invested heavily in enterprise AI capabilities, pioneered approaches such as context engineering, expanded AI deployments across industries and advanced a three-vector strategy centered on hyperproductivity, industrialized AI and enterprise agentification. Industry analysts have described Cognizant's AI strategy as among the most forward-looking in the sector and highlighted the company's positioning to help clients bridge the value gap between AI investment and business value realization.
"Ravi is one of the few CEOs in the world actively shaping the AI revolution. While many leaders are still debating AI's potential, he has positioned Cognizant to help define what an AI-powered enterprise looks like, combining technology, talent and operating model transformation at scale," said Stephen J. Rohleder, Chair, Cognizant Board of Directors. "Ravi's vision is helping reforge the industry's first principles by challenging long-standing assumptions about how technology services are delivered, how business value is created, and how human ingenuity and AI will come together to drive growth and competitive advantage. This recognition from TIME reflects Ravi's influence on the global AI conversation and Cognizant's emergence as one of the leading AI builders shaping the next era of enterprise transformation."
Ravi has championed a vision of enterprises becoming flatter, faster and more networked, with expertise increasingly democratized through AI and interdisciplinary teams solving complex business challenges. He has argued that AI should augment human potential, broaden opportunities for early-career talent and help organizations rapidly adapt to changing business conditions. These ideas have become central to Cognizant's approach to workforce transformation, innovation and client delivery.
"AI is creating one of the most significant shifts in how organizations operate and compete," said Ravi Kumar S, CEO of Cognizant. "The future will belong to enterprises that can continuously sense change, adapt quickly and combine human ingenuity with artificial intelligence to solve real-world problems. AI has the potential to unlock $4.5 trillion in U.S. labor productivity, but only for those who can reimagine their operating models and embrace a new production function. I am honored by this recognition from TIME and share it with Cognizant associates around the world who are helping clients reimagine work and accelerate innovation."
Over the past year, Cognizant has continued to expand its AI capabilities and scale adoption across its global client base. The company now supports more than 8,000 AI engagements across industries and continues to invest in proprietary capabilities, AI research, innovation programs and workforce development initiatives. More than 40% of the company's code is now AI-assisted, reflecting its adoption of Software 2.0 principles and its focus on compounding systems that drive value realization for clients. Cognizant has also expanded its Synapse initiative, which aims to equip two million people with AI and digital skills by 2030, reflecting the company's belief that AI fluency should be broadly accessible. Internally, the company has become a living example of enterprise AI adoption, reimagining workflows and career paths around the opportunities created by AI, including frontier roles that combine deep domain expertise with AI fluency and human-centered problem solving. Cognizant has certified 10,000 associates on Anthropic's Claude and 10,000 associates on OpenAI Codex, while continuing to expand other frontier AI capabilities across its workforce. These investments support Ravi's vision of a broader, more networked organization where expertise is democratized, early-career talent can contribute and advance more quickly and human ingenuity is amplified through AI.
Ravi has been a prominent voice on the future of AI, the evolution of work and the importance of creating pathways for workers to thrive in an AI-enabled economy. His perspectives on AI adoption, talent development, context engineering and enterprise transformation have contributed to broader conversations about responsible AI adoption and the redesign of work.
The TIME100 AI list recognizes individuals whose work is having a profound impact on the development and application of artificial intelligence across business, government, research and society.
For more information about the TIME100 AI list, visit TIME.com.
About Cognizant
Cognizant (NASDAQ: CTSH) is an AI builder and technology services provider, building the bridge between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization's unique context into technology systems that amplify human potential, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.ai.
For more information, contact:
Jeff DeMarrais
[email protected]
It has been about a month since the last earnings report for Cognizant (CTSH - Free Report) . Shares have added about 18.3% in that time frame, outperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Cognizant due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.
Cognizant Q2 Earnings Miss Estimates, Revenues Beat, Rise Y/YCognizant reported second-quarter 2026 adjusted earnings of $1.37 per share, up 4.6% year over year, but lagging the Zacks Consensus Estimate by 0.7%. Higher interest expense related to Astreya acquisition funding and share repurchases weighed on earnings.
Revenues of $5.48 billion increased 4.5% year over year and surpassed the consensus mark by 0.03%. The revenue figure reflected 4.1% growth in constant currency (cc). Financial Services revenues jumped 12% year over year, while trailing 12-month bookings rose 5% to $29.1 billion. This represented a book-to-bill ratio of approximately 1.3X. However, second-quarter bookings declined 6% year over year.
Cognizant signed seven deals with total contract values exceeding $100 million, including three new-logo contracts. Management noted stronger activity in the $25-million-to-$100-million deal range and said new and expansion bookings grew in the mid-teens during the first half.
CTSH’s Financial Services Momentum ContinuesFinancial Services revenues hit $1.73 billion, which reflected 11.7% growth at cc. Growth remained broad-based across banking, capital markets and insurance clients as large contracts moved into execution.
North American Financial Services revenues climbed 15.2% year over year to $1.26 billion. Europe and Rest of World revenues rose 4.1% and 4.5%, respectively. Management also highlighted demand for legacy modernization, data services and AI-led transformation.
Health Sciences revenues totaled $1.57 billion, up 1.4% year over year and 1% in cc. Demand remained cautious and cost-focused as clients prioritized vendor consolidation, compliance and modernization projects with measurable returns.
Products and Resources revenues rose 1.2% year over year to $1.32 billion, while growth at cc was 0.7%. Communications, Media and Technology revenues increased 1.5% year over year to $854 million, reflecting strength in technology customers despite muted demand across communications and media.
CTSH’s North American Business Leads GrowthNorth America revenues advanced 5.5% year over year to $4.13 billion, with the same growth rate at cc. Large-deal ramps, third-party product sales and demand for AI infrastructure supported performance in the region.
Europe revenues increased 2.5% year over year to $1.03 billion but rose only 0.8% in cc. Rest of World revenues declined 1.2% year over year to $327 million and fell 1.5% in cc. Third-party product sales contributed about 170 basis points (bps) to overall revenue growth.
CTSH’s Q2 Operating DetailsSelling, general & administrative expenses, as a percentage of revenues, contracted 220 bps year over year to 13.3%.
Total headcount at the end of the second quarter was 356,700, a decrease of 900 from March 31, 2026 and an increase of 12,900 from June 30, 2025.
Voluntary attrition - Tech Services on a trailing 12-month basis was 13% in the second quarter of 2026 compared with 12.3% and 12.6% for the periods ended March 31, 2026, and June 30, 2025, respectively.
Adjusted operating margin expanded 40 bps year over year to 16%. Operational efficiencies and favorable currency movements more than offset higher compensation, third-party costs and the impact of recent acquisitions.
CTSH’s Balance Sheet DetailsCTSH had cash and short-term investments of $1.05 billion as of June 30, 2026, compared with $1.52 billion as of March 31, 2026. As of June 30, 2026, the company had a total debt of $1.56 billion, up from $568 million reported as of March 31, 2026.
Operating cash flow increased to $558 million from $398 million a year earlier. Free cash flow rose to $459 million from $331 million, bringing the first-half total to $657 million.
Cognizant repurchased 22.5 million shares for $1.15 billion during the reported quarter and completed the $634-million Astreya acquisition. The company had $2.338 billion remaining under its repurchase authorization at the end of the reported quarter.
Cognizant Raises Earnings View, Trims Revenue OutlookFor the third quarter of 2026, Cognizant expects revenues between $5.60 billion and $5.68 billion. This implies reported growth of 3.4-4.9% and growth between 3.8% and 5.3% at cc, including an inorganic contribution of roughly 200 bps.
For 2026, the company now expects revenues of $22.04-$22.35 billion, representing growth between 4%-5.5% at cc. The revised range reflects continued pressure on discretionary spending. Adjusted operating margin guidance remains in the 16%-16.2% range, which reflects expansion between 20 bps and 40 bps.
Adjusted earnings guidance was raised to $5.70-$5.82 per share from $5.63-$5.77, implying growth of 8-10%. The increase reflects a lower expected share count following aggressive repurchases, partly offset by higher interest expense.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in estimates revision.
VGM ScoresCurrently, Cognizant has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a score of A on the value side, putting it in the top quintile for value investors.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Cognizant has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerCognizant belongs to the Zacks Computers - IT Services industry. Another stock from the same industry, Roper Technologies (ROP - Free Report) , has gained 8.6% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026.
Roper Technologies reported revenues of $2.11 billion in the last reported quarter, representing a year-over-year change of +8.5%. EPS of $5.38 for the same period compares with $4.87 a year ago.
Roper Technologies is expected to post earnings of $5.79 per share for the current quarter, representing a year-over-year change of +12.7%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.1%.
Roper Technologies has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of D.
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Cognizant (CTSH - Free Report) Headquartered in Teaneck, NJ, Cognizant Technology Solutions Corporation is a leading professional services company. The company was spun off from Dun & Bradstreet in 1996 and went public in 1998.
CTSH is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Computer and Technology stock. CTSH has a Momentum Style Score of B, and shares are up 26.8% over the past four weeks.
Seven analysts revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.01 to $5.71 per share. CTSH also boasts an average earnings surprise of +3.6%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CTSH should be on investors' short list.
Transforming the Research Lifecycle Through Integrated Data Management, Advanced Automation, and AI-Driven Workflows
, /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced that it will support the introduction and implementation of Benchling, the AI platform for R&D at Tokyo Research Park and Fuji Research Park, research sites in Japan operated by Kyowa Kirin Co., Ltd.
Benchling gives scientists a single place to capture structured data, run AI models and agents and automate the workflows that move discovery and development forward. Through Cognizant's implementation support, researchers in the Research Division of Kyowa Kirin will be able to efficiently and seamlessly conduct a range of research activities, from experiment planning and execution to data collection and use of AI, within a single environment. This implementation demonstrates Kyowa Kirin's strong commitment to accelerating R&D productivity by addressing an expanding pipeline and increasingly advanced and diverse research needs. Cognizant will support this effort through centralized data management, enhanced molecular design processes and workflow automation.
Kyowa Kirin is a global specialty pharmaceutical company with strengths in specific disease areas, including bone and mineral disorders, intractable hematologic diseases and hemato oncology and rare diseases. At its three research facilities worldwide, the company is pursuing innovative modalities such as advanced antibody technologies and hematopoietic stem cell gene therapy. By integrating "disease science" with "drug discovery technologies" that identify optimal solutions based on scientific insights, Kyowa Kirin is accelerating the creation of life-changing value.
To further advance these initiatives, the company needed a platform that could support cutting-edge scientific research through automation and AI, together with an experienced implementation partner to deploy, operate and manage it at scale.
With this implementation, Benchling is expected to help automate experimental design and data collection, accelerating the research cycle from drug discovery target identification through to new drug candidate selection. Benchling connects directly with Kyowa Kirin's laboratory instruments, enabling data to be captured automatically as structured, searchable records without manual entry. Benchling also supports collaboration across the research process and provides Kyowa Kirin's researchers with agentic and analytical capabilities that understand scientific context. In addition, the AI platform is expected to help researchers conduct molecular design, access years of experimental history, generate reports and analyze relationships across research activities more efficiently.
In collaboration with Benchling, Cognizant is expected to provide end-to-end support across the entire process, from platform setup to data migration, system implementation and ongoing maintenance following deployment. In addition, by optimizing data flows in line with the expansion of research scale, Cognizant is expected to help improve researcher productivity and support more informed decision-making. By providing products and services under a single contract, Kyowa Kirin aims to enhance cost predictability while reducing large capital expenditures and enabling flexible cost management as operating expenses.
"Through the implementation of Benchling under the partnership with Cognizant, we expect to promote the standardization of workflows and the structuring of data in research environments," said Takashi Shimada, Head of Research Division, Kyowa Kirin Co., Ltd. "By enhancing the entire research process, we aim to establish a next-generation drug discovery foundation capable of continuously creating innovative new medicines."
"Kyowa Kirin is transforming its research processes to address some of the most difficult challenges in healthcare and to deliver innovative new medicines to patients as quickly as possible," said Sajith Wickramasekara, co-founder and CEO, Benchling. "Benchling embeds AI into daily workflows, connected to years of accumulated experimental data and context. In biopharma research and development, the speed and quality of research cycles have a direct impact on patients. AI only becomes meaningful when it proves its value in these real-world settings."
"Our partnership with Kyowa Kirin in implementing Benchling will help redefine the company's pursuit of scientific excellence, drug discovery research and laboratory operations and establish a new benchmark for business engagement," said Archana Ramanakumar, Industry Solutions Leader and Senior Vice President, Cognizant. "We are confident that this innovative and future-oriented collaboration will create a solid success story."
"Kyowa Kirin is revolutionizing its research processes through the implementation of Benchling and collaboration with Cognizant," said Nobuhiko Watanabe, President and Representative Director, Cognizant Japan. "This initiative is expected to significantly improve drug discovery efficiency and further strengthen the company's position in the Japanese market."
About Cognizant
Cognizant (NASDAQ: CTSH), as an AI builder and technology services provider, bridges the gap between AI investment and enterprise value by building full-stack AI solutions for clients. Leveraging our deep expertise in industries, business processes, and engineering, we embed each organization's unique business environment into technology systems. In doing so, we help unlock human potential, deliver tangible results, and enable global enterprises to stay ahead in a rapidly changing world. For more information, please visit www.cognizant.ai or @cognizant.
About Benchling
Benchling is the leading AI platform for biotech R&D, unifying scientific data and automating workflows to accelerate discovery and development. Trusted by more than 1,300 companies worldwide, from pioneering startups to global leaders like Merck, Moderna and Sanofi, Benchling gives scientists a single place to capture, connect and act on data across the entire R&D lifecycle. With Benchling AI, agents and models work directly inside scientific workflows, grounded in structured data. The result is faster teams, better molecules and breakthroughs that reach the world sooner. https://www.benchling.com/
About Kyowa Kirin
Kyowa Kirin is deeply committed to creating and delivering new medicines and treatments with life-changing value to patients. As a Japan-based global specialty pharmaceutical company, Kyowa Kirin has contributed to the creation of medicines and innovation in biotechnology for more than 70 years. Today, the company is working to develop next-generation antibody drugs and gene and cell therapies that have the potential to address significant unmet medical needs. In particular, Kyowa Kirin focuses on research and development of treatments for bone and mineral disorders, hemato oncology and intractable hematologic diseases and rare diseases, while seeking to maximize the value of research outcomes that may be applied in other therapeutic areas through partnerships. Guided by shared values, Kyowa Kirin is committed to achieving sustainable growth and bringing smiles to people's lives.
https://www.kyowakirin.com/index.html
Media contacts
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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Cognizant (CTSH - Free Report) Headquartered in Teaneck, NJ, Cognizant Technology Solutions Corporation is a leading professional services company. The company was spun off from Dun & Bradstreet in 1996 and went public in 1998.
CTSH is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Additionally, the company could be a top pick for growth investors. CTSH has a Growth Style Score of B, forecasting year-over-year earnings growth of 8.1% for the current fiscal year.
For fiscal 2026, seven analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $5.71 per share. CTSH boasts an average earnings surprise of +3.6%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CTSH should be on investors' short list.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium includes access to the Zacks Style Scores as well.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.
That's where the Style Scores come in.
You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Cognizant (CTSH - Free Report) Headquartered in Teaneck, NJ, Cognizant Technology Solutions Corporation is a leading professional services company. The company was spun off from Dun & Bradstreet in 1996 and went public in 1998.
CTSH is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 10.1; value investors should take notice.
Seven analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.01 to $5.71 per share. CTSH boasts an average earnings surprise of +3.6%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, CTSH should be on investors' short list.
Cognizant's share price has dropped sharply as AI disruption to the traditional consulting model and tighter H-1B visa rules spook investors. The concerns may be overblown. Cognizant does not appear to be heavily skewed towards lower-value work, the latter of which likely could be offset by AI-related services. At 12x P/E, and an 8.8% FCF yield, Cognizant appears to offer an interesting valuation relative to peers, historical valuation, and fundamentals. Cautious Buy.
Have you evaluated the performance of Cognizant's (CTSH - Free Report) international operations for the quarter ending June 2026? Given the extensive global presence of this information technology consulting and outsourcing firm, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.
In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must understand a company's dependence on overseas markets, as this offers a window into the company's earnings stability, its ability to benefit from varied economic cycles and its potential for long-term growth.
Being present in foreign markets serves as protection against local economic declines and helps benefit from more rapidly expanding economies. Yet, such expansion also introduces challenges related to currency fluctuations, geopolitical uncertainties and varied market behaviors.
While analyzing CTSH's performance for the last quarter, we found some intriguing trends in revenues from its overseas segments that Wall Street analysts commonly model and monitor.
For the quarter, the company's total revenue amounted to $5.48 billion, experiencing an increase of 4.5% year over year. Next, we'll explore the breakdown of CTSH's international revenue to understand the importance of its overseas business operations.
A Look into CTSH's International Revenue StreamsRest of World accounted for 6% of the company's total revenue during the quarter, translating to $327 million. Revenues from this region represented a surprise of -12.97%, with Wall Street analysts collectively expecting $375.71 million. When compared to the preceding quarter and the same quarter in the previous year, Rest of World contributed $322 million (6%) and $331 million (6.3%) to the total revenue, respectively.
During the quarter, United Kingdom contributed $492 million in revenue, making up 9% of the total revenue. When compared to the consensus estimate of $501.28 million, this meant a surprise of -1.85%. Looking back, United Kingdom contributed $509 million, or 9.4%, in the previous quarter, and $482 million, or 9.2%, in the same quarter of the previous year.
Continental Europe generated $535 million in revenues for the company in the last quarter, constituting 9.8% of the total. This represented a surprise of -1.07% compared to the $540.8 million projected by Wall Street analysts. Comparatively, in the previous quarter, Continental Europe accounted for $530 million (9.8%), and in the year-ago quarter, it contributed $520 million (9.9%) to the total revenue.
Projected Revenues in Foreign MarketsFor the current fiscal quarter, it is anticipated by Wall Street analysts that Cognizant will post revenues of $5.66 billion, which reflects an increase of 4.6% the same quarter in the previous year. The revenue contributions are expected to be 7.3% from Rest of World ($412.95 million), 9.2% from United Kingdom ($523.12 million) and 9.9% from Continental Europe ($560.56 million).
For the full year, a total revenue of $22.25 billion is expected for the company, reflecting an increase of 5.4% from the year before. The revenues from Rest of World, United Kingdom and Continental Europe are expected to make up 6.9%, 9.1%, and 9.9% of this total, corresponding to $1.53 billion, $2.03 billion, and $2.19 billion, respectively.
In ConclusionRelying on international markets for revenues, Cognizant faces both prospects and perils. Thus, tracking the company's international revenue trends is essential for accurately projecting its future trajectory.
In an environment where global interconnections and geopolitical skirmishes are intensifying, Wall Street analysts keep a keen eye on these trends, particularly for firms with overseas operations, to adjust their earnings predictions. Moreover, a range of other aspects, including how a company fares in its home country, significantly affects these projections.
Here at Zacks, we put a great deal of emphasis on a company's changing earnings outlook, as empirical research has shown that's a powerful force driving a stock's near-term price performance. Quite naturally, the correlation is positive here -- an upward revision in earnings estimates drives the stock price higher.
The Zacks Rank, our proprietary stock rating tool, comes with an externally validated impressive track record. It effectively utilizes shifts in earnings projections to act as a dependable barometer for forecasting short-term stock price trends.
Currently, Cognizant holds a Zacks Rank #3 (Hold), signifying its potential to match the overall market's performance in the forthcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Reviewing Cognizant's Recent Stock Price TrendsOver the past month, the stock has seen an increase of 31.8% in its value, whereas the Zacks S&P 500 composite has posted an increase of 0.2%. The Zacks Computer and Technology sector, Cognizant's industry group, has descended 5.8% over the identical span. In the past three months, there's been an increase of 7.1% in the company's stock price, against a rise of 4.2% in the S&P 500 index. The broader sector has increased by 1.6% during this interval.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Cognizant (CTSH - Free Report) Headquartered in Teaneck, NJ, Cognizant Technology Solutions Corporation is a leading professional services company. The company was spun off from Dun & Bradstreet in 1996 and went public in 1998.
CTSH is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.
Momentum investors should take note of this Computer and Technology stock. CTSH has a Momentum Style Score of A, and shares are up 28.4% over the past four weeks.
For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.00 to $5.70 per share. CTSH boasts an average earnings surprise of +3.6%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CTSH should be on investors' short list.
Key Takeaways Cognizant's Q2 revenues rose 4.5% to $5.48B, while adjusted EPS increased 4.6% to $1.37.Financial Services revenues jumped 12% as large contracts moved into execution across key client markets.Cognizant raised 2026 EPS guidance to $5.70-$5.82 but trimmed its revenue outlook amid spending pressure. Cognizant Technology Solutions (CTSH - Free Report) reported second-quarter 2026 adjusted earnings of $1.37 per share, up 4.6% year over year, but lagging the Zacks Consensus Estimate by 0.7%. Higher interest expense related to Astreya acquisition funding and share repurchases weighed on earnings.
Revenues of $5.48 billion increased 4.5% year over year and surpassed the consensus mark by 0.03%. The revenue figure reflected 4.1% growth in constant currency (cc). Financial Services revenues jumped 12% year over year, while trailing 12-month bookings rose 5% to $29.1 billion. This represented a book-to-bill ratio of approximately 1.3X. However, second-quarter bookings declined 6% year over year.
Cognizant signed seven deals with total contract values exceeding $100 million, including three new-logo contracts. Management noted stronger activity in the $25-million-to-$100-million deal range and said new and expansion bookings grew in the mid-teens during the first half.
CTSH’s Financial Services Momentum ContinuesFinancial Services revenues hit $1.73 billion, which reflected 11.7% growth at cc. Growth remained broad-based across banking, capital markets and insurance clients as large contracts moved into execution.
North American Financial Services revenues climbed 15.2% year over year to $1.26 billion. Europe and Rest of World revenues rose 4.1% and 4.5%, respectively. Management also highlighted demand for legacy modernization, data services and AI-led transformation.
Health Sciences revenues totaled $1.57 billion, up 1.4% year over year and 1% in cc. Demand remained cautious and cost-focused as clients prioritized vendor consolidation, compliance and modernization projects with measurable returns.
Products and Resources revenues rose 1.2% year over year to $1.32 billion, while growth at cc was 0.7%. Communications, Media and Technology revenues increased 1.5% year over year to $854 million, reflecting strength in technology customers despite muted demand across communications and media.
CTSH’s North American Business Leads GrowthNorth America revenues advanced 5.5% year over year to $4.13 billion, with the same growth rate at cc. Large-deal ramps, third-party product sales and demand for AI infrastructure supported performance in the region.
Europe revenues increased 2.5% year over year to $1.03 billion but rose only 0.8% in cc. Rest of World revenues declined 1.2% year over year to $327 million and fell 1.5% in cc. Third-party product sales contributed about 170 basis points (bps) to overall revenue growth.
CTSH’s Q2 Operating DetailsSelling, general & administrative expenses, as a percentage of revenues, contracted 220 bps year over year to 13.3%.
Total headcount at the end of the second quarter was 356,700, a decrease of 900 from March 31, 2026 and an increase of 12,900 from June 30, 2025.
Voluntary attrition - Tech Services on a trailing 12-month basis was 13% in the second quarter of 2026 compared with 12.3% and 12.6% for the periods ended March 31, 2026, and June 30, 2025, respectively.
Adjusted operating margin expanded 40 bps year over year to 16%. Operational efficiencies and favorable currency movements more than offset higher compensation, third-party costs and the impact of recent acquisitions.
CTSH’s Balance Sheet DetailsCTSH had cash and short-term investments of $1.05 billion as of June 30, 2026, compared with $1.51 billion as of March 31, 2026. As of June 30, 2026, the company had a total debt of $1.56 billion, down from $568 billion reported as of March 31, 2026.
Operating cash flow increased to $558 million from $398 million a year earlier. Free cash flow rose to $459 million from $331 million, bringing the first-half total to $652 million.
Cognizant repurchased 22.5 million shares for $1.15 billion during the reported quarter and completed the $634-million Astreya acquisition. The company had $2.338 billion remaining under its repurchase authorization at the end of the reported quarter.
Cognizant Raises Earnings View, Trims Revenue OutlookFor the third quarter of 2026, Cognizant expects revenues between $5.60 billion and $5.68 billion. This implies reported growth of 3.4-4.9% and growth between 3.8% and 5.3% at cc, including an inorganic contribution of roughly 200 bps.
For 2026, the company now expects revenues of $22.04-$22.35 billion, representing growth between 4%-5.5% at cc. The revised range reflects continued pressure on discretionary spending. Adjusted operating margin guidance remains in the 16%-16.2% range, which reflects expansion between 20 bps and 40 bps.
Adjusted earnings guidance was raised to $5.70-$5.82 per share from $5.63-$5.77, implying growth of 8-10%. The increase reflects a lower expected share count following aggressive repurchases, partly offset by higher interest expense.
Key Takeaways Cognizant is shifting toward an AI builder model with platforms, talent and AI delivery capabilities.CTSH reported $5.48B in revenues, while Financial Services grew 12% with AI adoption and modernization.Cognizant signed seven large deals above $100M as bookings rose 5% to $29.1B. Cognizant Technology Solutions Corporation (CTSH - Free Report) used its second-quarter earnings call to emphasize its transition from a traditional technology services provider toward an AI-focused operating model. Management highlighted expanding AI capabilities, large deal momentum and platform-led growth opportunities.
The company reported adjusted earnings per share (EPS) of $1.37, missing the Zacks Consensus Estimate of $1.38. Revenues of $5.48 billion matched the Zacks Consensus Estimate.
CTSH Advances AI Builder StrategyCEO Ravi Kumar S said that Cognizant is accelerating its shift toward becoming an AI builder by developing new platforms, expanding talent capabilities and helping clients move AI projects into production.
Management highlighted over 8,000 AI engagements and more than 40% of software development is now AI-assisted. The company also emphasized its AI Delivery Operating System, designed to combine engineering expertise, business knowledge and AI capabilities.
The company’s AI strategy focuses on improving traditional work through automation, modernizing existing processes with AI and creating new AI-enabled business models. Management said that these areas represent expanding opportunities beyond traditional systems integration.
Cognizant Sees Demand From AI ExecutionCognizant reported revenue growth of 4.5% year over year, or 4.1% in constant currency, with Financial Services leading performance. The segment grew 12% year over year, supported by AI adoption and modernization programs.
CFO Jatin Dalal said that demand remains strongest in areas tied to data, cybersecurity and industry-specific AI transformation. He noted that clients are prioritizing modernization projects with measurable returns.
In the analyst Q&A, a JPMorgan analyst asked whether Financial Services could remain a leading indicator for broader industry adoption. Ravi Kumar said that the segment’s technology focus and AI readiness position it as an early adopter of the company’s strategy.
CTSH Builds Platform and Talent BaseCTSH completed its acquisition of Astreya during the quarter, adding managed services capabilities focused on IT infrastructure, enterprise networks and AI-enabled operations. Management said that the acquisition supports its AI infrastructure strategy.
The company is also expanding its Frontier workforce model, including plans to scale to 5,000 Frontier Certified Engineers and 10,000 Frontier Business Operators. These roles are designed around integrating AI agents with business workflows.
Management highlighted partnerships with Google Cloud, Anthropic and OpenAI as part of its effort to expand AI delivery capabilities and create reusable enterprise solutions.
Cognizant Maintains Deal MomentumCognizant’s trailing 12-month bookings increased 5% to $29.1 billion, representing a book-to-bill ratio of approximately 1.3x. The company signed seven large deals with total contract values above $100 million during the quarter.
Ravi Kumar said that bookings momentum improved across larger deal categories, with Financial Services showing particularly strong activity. He also noted increased new business contribution during the first half of the year.
A William Blair analyst asked about the pace of large deal ramps and second-half expectations. Management said that recent bookings activity and deal transitions support continued momentum through the remainder of the year.
CTSH Balances Growth and EfficiencyCTSH expanded adjusted operating margin to 16%, up 40 basis points year over year. The company recorded $84 million in Project Leap costs during the quarter while benefiting from an $81 million partial reversal related to India defined contribution obligations.
Management said that Project Leap remains on track, with full-year benefits expected in 2027. The program is intended to improve operating efficiency while supporting a more AI-enabled delivery model.
The company also returned capital to shareholders, deploying $1.1 billion on share repurchases during the quarter. Year to date, Cognizant has returned $1.9 billion through repurchases and dividends.
Cognizant Updates Outlook and PrioritiesCognizant lowered its full-year 2026 constant currency revenue growth outlook to 4% to 5.5% from prior expectations, citing continued macro uncertainty and cautious discretionary spending. Adjusted operating margin guidance remained 16% to 16.2%.
The company raised adjusted EPS guidance to $5.70 to $5.82, representing 8% to 10% growth. Management maintained its focus on margin expansion, AI investments and disciplined acquisitions.
Ravi Kumar said that Cognizant remains focused on scaling AI-led services, outcome-based engagements and platform offerings as clients move from AI experimentation toward broader deployment.
Zacks Signals Point to a Mixed SetupPresently, Cognizant carries a Zacks Rank #3 (Hold), indicating the stock is expected to perform in line with the broader market based on current earnings estimate trends. The Zacks Rank can change as analysts revise earnings estimates following new company developments. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The stock has a Value Score of A, a Growth Score of B, a Momentum Score of F and a VGM Score of B. Zacks Style Scores are designed as complementary indicators, with higher grades representing stronger characteristics within each style category.
SummaryCognizant remains undervalued, trading below 10x P/E despite resilient fundamentals and positive operating leverage.I reiterate a 'Buy' rating with a conservative $80/share price target, reflecting significant upside even at modest 6-8% AEPS growth.Q2'26 results reinforce the thesis: organic revenue growth, margin expansion, robust buybacks, and double-digit EPS growth guidance.Key risks include potential AI-driven demand cannibalization and offshore labor reliance, but risk/reward remains compelling at current valuation.Looking for more investing ideas like this one? Get them exclusively at Wolf of Value. Learn More » Solskin/DigitalVision via Getty Images
In my last article on Cognizant (CTSH), I gave the company my third consecutive "BUY" rating, and this is the first time in the past two years that this call has resulted in a nice, positive RoR.
But I would
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