Wire
Morgan Stanley Adjusts Cognizant Technology Solutions PT to $63 From $70
Morgan Stanley Adjusts Cognizant Technology Solutions PT to $63 From $70
$CTSH
$CTSH
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Wire
Wedbush Lowers Price Target on Cognizant Technology Solutions to $56 From $61, Keeps Neutral Rating
Cognizant Technology Solutions (CTSH) has an average rating of overweight and mean price target of $76.39 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: $53.16, Change: $-1.54, Percent Change: -2.82%
$CTSH
Research
Research Alert: Ctsh Delivers Impressive Bookings Acceleration, With Strong Margin Performance
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CTSH posted Q1 sales of $5.41B (+6% Y/Y), matching expectations, +4% ex-FX (matching Q4). Adjusted EPS of $1.40 beat the Street view ($1.33), with 10 bps of Y/Y operating margin expansion (to 15.6%) due to efficiency gains, including AI generating ~40% of company code (vs. ~30% prior estimates). FY 26 guidance was raised slightly with constant currency revenue growth of 4%-6.5% unchanged but operating margin improved to 16.0%-16.2% from a prior 15.9%-16.1% (EPS midpoint up $0.07 to $5.70). We see resilience given elevated macro uncertainty and AI competition fears, with medium-term support from continued strong bookings momentum, which grew 11% Y/Y to $29.6B on a TTM basis, accelerating from 5% growth in 2025. CTSH booked seven deals above $100M in Q1, with large deal contract value up 70% Y/Y. Employee metrics remain strong with voluntary attrition remaining steady at 12.3% and utilization improving to 85% (+200 bps Q/Q, flat Y/Y). CTSH is acquiring Astreya (AI-first managed services) for an undisclosed sum.
$CTSH
Wire
Cognizant Technology Solutions' AI Lab Secures Three New US Patents
Cognizant Technology Solutions (CTSH) said its AI Lab received three new US patents, bringing its total to 65 US patents and 88 globally worldwide as the company advances research in human-AI collaboration and machine-learning systems.The patents cover improvements to decision-recommendation models, automated creation and tuning of neural-network activation functions, and distributed learning techniques that allow AI systems to share and reuse knowledge more effectively across teams, the company said Thursday in a statement.Price: $55.26, Change: $-3.55, Percent Change: -6.04%
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Wire
Cognizant, Google Cloud Bring Agentic AI to Retail
Cognizant (CTSH) said Wednesday it has launched Agentic Retail CX, an AI-driven contact center tool using Google Cloud's Gemini Enterprise for Customer Experience.The retail-focused software helps brands deliver personalized experiences while reducing operational costs, the company said.Price: $60.06, Change: $-0.40, Percent Change: -0.65%
$CTSH$GOOG$GOOGL
Wire
Cognizant Forms Partnership With OpenAI to Integrate Codex Technology
Cognizant (CTSH) said Tuesday it collaborated with Microsoft-backed (MSFT) OpenAI to distribute the Codex artificial intelligence model to enterprise clients globally.The business is integrating the technology into its internal engineering procedures to establish it as a standard mechanism for all software production, the company said.Developers are actively using the system during client projects to build machine learning models and restructure existing code, Cognizant said.The current implementations aim to speed up project completion times while decreasing the financial burden and complications tied to massive corporate system upgrades, it said.Shares of the company were up 1.8% in Tuesday trading.Price: $61.24, Change: $+0.98, Percent Change: +1.63%
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Wire
AI Disruption Fears Overstated for BPO, IT Services Sector, Wedbush Says
Fears about artificial intelligence rapidly disrupting the Business Process Outsourcing, or BPO, and Information Technology, or IT, services sector seem overstated in the near term, Wedbush Securities said in a note Wednesday.The analysts said that while AI has been a major narrative affecting stock prices, the actual impact on business fundamentals has been limited so far. Much of the slowdown seen over the past two years is tied to companies cutting budgets related to post-COVID over-spending, rather than AI replacing existing services, they said.The analysts said that the main takeaway from their call with the BPO and IT services industry was that "near-term AI disruption fears appear meaningfully overstated relative to fundamentals."In terms of individual companies, Globant's (GLOB) key strength is its deep industry expertise and strong relationships with enterprise clients, making it resilient against newer AI-focused competitors, the analysts said.Cognizant (CTSH) is investing heavily in AI and expanding through mergers and acquisitions, but these efforts might take longer to materialize than the industry expects, whereas TaskUs (TASK) appears well-positioned for both growth and potential acquisition, they said.Price: $47.58, Change: $+1.29, Percent Change: +2.78%
$CTSH$GLOB$TASK
Wire
UBS Adjusts Cognizant Technology Price Target to $64 From $67, Maintains Neutral Rating
Cognizant Technology (CTSH) has an average rating of overweight and mean price target of $84.96, 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: $59.09, Change: $+1.17, Percent Change: +2.02%
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