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28 stories mentioning CTSH

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Update: Wedbush Upgrades Cognizant to Outperform From Neutral as 'Positives Outweighing Negatives', Raises Price Target to $70 From $56

(Updates with the analyst's commentary.)Wedbush upgraded Cognizant Technology Solutions (CTSH) to outperform rating from neutral and raised its price target to $70 from $56 as the firm is "starting to gain momentum for its AI [artificial intelligence] Builder strategy" and that the company's positives outweigh the negatives for H2 this year.Cognizant is "starting to see meaningful market share gains" in productivity savings from its AI tools and business partnerships, analysts Steven Wahrhaftig and Dan Ives wrote in a Monday note.The firm's three-vector AI strategy including "AI-led productivity," "industrializing AI" and "agentifying enterprises" is a gauge for future-proofing and is reaching "an inflection," the analysts said.Cognizant Technology Solutions has an average rating of overweight and mean price target of $72.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $53.92, Change: $+0.71, Percent Change: +1.33%

Cognizant Unveils AI Platform to Link Robots, Sensors, Industrial Systems

Cognizant Technology Solutions (CTSH) launched a new platform that uses artificial intelligence to control and coordinate systems including robots, sensors, and industrial equipment through a cloud-based service.The platform, built on the company's "Intelligence Spine" data-integration framework, is designed to help organizations link their physical infrastructure with AI tools more easily, Cognizant said Friday in a statement.The service will be available across sectors including utilities, oil and gas, manufacturing, logistics, aerospace, healthcare, and consumer and retail sectors, Cognizant said.The technology brings together capabilities such as computer vision, sensing, location tracking, and fast device-to-device communication, allowing businesses to automate tasks and direct physical operations with greater precision, the company said.Price: $53.06, Change: $-0.34, Percent Change: -0.64%

Cognizant Technology Solutions Expands Collaboration With Snowflake

Cognizant Technology Solutions (CTSH) and Snowflake (SNOW) said Wednesday they have expanded their collaboration to accelerate enterprise artificial intelligence adoption via the Snowflake CoCo platform.The collaboration is underpinned by solid adoption of the CoCo platform within Cognizant's AI and analytics practice, according to a statement.As a preferred launch partner for CoCo, Cognizant is launching AI agents to support data engineering, analytics, and business workflows, according to the companies.Price: $53.14, Change: $-2.00, Percent Change: -3.63%

Cognizant Expands CrowdStrike Partnership to Secure Enterprise AI Systems

Cognizant Technology Solutions (CTSH) expanded its partnership with CrowdStrike (CRWD) to help enterprises secure artificial intelligence across its lifecycle, from AI agents and models to underlying infrastructure, the company said Tuesday.Cognizant said it is integrating the CrowdStrike Falcon platform into its AI Factory and Managed Cybersecurity Services, covering AI-native security operations, governance across its AI Factory, and security for private, sovereign AI deployments in regulated industries.The expansion builds on a partnership established in 2025, according to a statement.Price: $54.75, Change: $-2.41, Percent Change: -4.22%

Sector Update: Tech Stocks Decline Premarket Thursday

Technology stocks were declining premarket Thursday, with the State Street Technology Select Sector SPDR Fund (XLK) down 0.6% and the State Street SPDR S&P Semiconductor ETF (XSD) 0.6% lower.IBM (IBM), GlobalFoundries (GFS) and D-Wave Quantum (QBTS) are among the major quantum companies set to receive billions in proposed US government backing as the Trump administration ramps up efforts to cement America's lead in quantum computing. IBM shares were up more than 4%, GlobalFoundries stock was advancing past 12%, and D-Wave Quantum shares were up nearly 13% pre-bell.NetEase (NTES) shares were down more than 3% after the company posted a decline in Q1 non-GAAP earnings.Cognizant Technology Solutions (CTSH) has signed accelerated share repurchase agreements with Truist Bank and BNP Paribas covering $500 million of the company's class A common stock, the company said. Shares of Cognizant Technology Solutions were up more than 1% premarket.

$CTSH$GFS$IBM$NTES$QBTS$XLK$XSD

Zscaler Teaming Up With Global System Integrators to Boost Enterprise AI Adoption

Zscaler (ZS) said Tuesday it is launching an expanded collaboration project with global system integrator partners to increase enterprise AI adoption.The collaboration, Project AI-Guardian, will integrate Zscaler's "Zero Trust" framework with the consulting expertise of the partners to help firms achieve security and regulatory compliance while maintaining visibility over their data, the company said.The project partners include Cognizant (CTSH), Infosys (INFY), Wipro (WIT), Tata Consultancy Services, EY and HCL Technologies, Zscaler said.Financial terms were not disclosed.Price: $179.37, Change: $+4.68, Percent Change: +2.68%

$CTSH$INFY$WIT$ZS

Top Midday Gainers

B. Riley upgraded Zscaler (ZS) to buy, with a $225 price target, ahead of the company's fiscal Q3 results on Tuesday next week.Shares of Zscaler were up 10%, with intraday trading volume at nearly 3.89 million from a daily average of over 3.13 million.Cognizant Technology Solutions (CTSH) increased its 2026 share repurchase target by $1 billion to $2 billion, the company said Monday.Shares advanced 8.4%, with intraday trading volume at almost 7.98 million from a daily average of about 6.75 million.NextEra Energy (NEE) and Dominion Energy (D) agreed to merge in an all-stock deal to create the world's largest regulated electric utility.Shares of Dominion jumped 9.1%, with intraday trading volume at over 25.3 million compared with a daily average of about 4.90 million.Price: $177.16, Change: $+16.11, Percent Change: +10.00%

UBS Adjusts Price Target on Cognizant Technology Solutions to $55 From $60

Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $72.13, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $50.47, Change: $-1.22, Percent Change: -2.35%

DBS Bank Adjusts Price Target on Cognizant Technology Solutions to $66 From $80

Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $73.48, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $52.13, Change: $+0.80, Percent Change: +1.56%

Jefferies Adjusts Price Target on Cognizant Technology Solutions to $65 From $80, Maintains Buy Rating

Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $74.30, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $52.47, Change: $+0.04, Percent Change: +0.08%

Research44d ago

Research Alert: CFRA Maintains Buy Rating On Shares Of Cognizant Technology Solutions Corp

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We cut our price target by $14 to $77, 13.5x our 2026 EPS view, below CTSH's three-year average (~25x) as bookings momentum is more than offset by macroeconomic uncertainty and rising concerns about AI competition. We lift our 2026 EPS estimate by $0.06 to $5.72 and raise 2027's by $0.05 to $6.18. CTSH's 2026 organic sales growth forecast is sitting at ~3.8%, which we think will act as a growth floor for multiple years as large deals steadily ramp in the coming quarters. Bookings performance continues to strengthen, accelerating to 11% growth in Q1 on a TTM basis, with large deal TCV up 70% Y/Y. We think both results signal CTSH's above-market ability to capture demand in a tough environment. Still, we note it has been increasingly difficult to shake the bearish narrative of AI as an existential threat, and we reduce our multiple accordingly, as Q1 results offered mixed answers to this question, with bookings strength offset by a maintained sales guidance (5.25%) despite help from recent acquisitions.

Cognizant Technology Solutions' Soft Q2 Guidance Comes Amid Complex Macro Backdrop, Wedbush Says

Cognizant Technology Solutions' (CTSH) relatively soft Q2 guidance comes amid a dynamic macroeconomic backdrop as clients remain careful about making major investments, Wedbush said in a Thursday research report.Robust Q1 bookings indicate steady demand for the company's services, but it will take time to deliver on this backlog considering the longer durations of such major deals, analysts wrote.The acquisition of AI-based IT managed services provider Astreya is a favorable move by the company to bolster its AI builder strategy and become a "stronger operations engine," according to the note.Cost savings from Project Leap that involves workforce restructuring and investments in AI-enabled skills for streamlining operations will be reinvested into future growth opportunities, according to analysts.The brokerage reiterated its neutral rating on the stock and cut its price target to $56 per share from $61.Price: $52.50, Change: $-2.20, Percent Change: -4.02%

TD Cowen Adjusts Cognizant Technology Solutions PT to $62 From $71

Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $76.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $52.97, Change: $-1.73, Percent Change: -3.16%

Guggenheim Adjusts Cognizant Technology Solutions PT to $80 From $85

Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $76.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $52.97, Change: $-1.73, Percent Change: -3.16%

Citigroup Adjusts Cognizant Technology Solutions Price Target to $58 From $68

Cognizant Technology (CTSH) has an average rating of overweight and mean price target of $76.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $52.93, Change: $-1.77, Percent Change: -3.24%

Wells Fargo Adjusts Cognizant Technology Solutions Price Target to $83 From $98

Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $76.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $53.14, Change: $-1.56, Percent Change: -2.85%

BMO Capital Adjusts Cognizant Technology Solutions Price Target to $63 From $83

Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $76.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $53.09, Change: $-1.61, Percent Change: -2.94%

Evercore ISI Adjusts Cognizant Technology Solutions Price Target to $70 From $100

Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $76.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $53.00, Change: $-1.71, Percent Change: -3.12%

HSBC Adjusts Cognizant Technology Solutions Price Target to $80 From $98

Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $76.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $53.02, Change: $-1.68, Percent Change: -3.07%

Goldman Sachs Adjusts Cognizant Technology Solutions Price Target to $75 From $80

Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $76.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $53.02, Change: $-1.68, Percent Change: -3.07%

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