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Cognizant Technology Solutions Corp Market Cap
From what 33 stock analysts predict, the share price for Cognizant Technology Solutions Corp (CTSH) might increase by 4.6% in the next year. This is based on a 12-month average estimation for CTSH. Price targets go from $70 to $92. The majority of stock analysts believe CTSH is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
CTSH is a stock in Technology which has been forecasted to be worth $80.69 as an average. On the higher end, the forecast price is $92 USD by Bryan Keane from Deutsche Bank and on the lower end CTSH is forecasted to be $70 by from Piper Sandler.
These are the latest 20 analyst ratings of CTSH.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| James Schneider Goldman Sachs | Neutral | $76 | Maintains | Sep 12, 2024 |
| Tien-Tsin Huang JP Morgan | Neutral | $89 | Maintains | Sep 6, 2024 |
| Daniel Perlin RBC Capital | Sector Perform | $82 | Maintains | Aug 28, 2024 |
| Surinder Thind Jefferies | Buy | $90 | Reinstates | Aug 28, 2024 |
| Mayank Tandon Needham | Hold | Reiterates | Aug 28, 2024 | |
| James Schneider Goldman Sachs | Neutral | $76 | Maintains | Aug 28, 2024 |
| Jason Kupferberg B of A Securities | Neutral | $75 | Upgrade | Aug 7, 2024 |
| David Koning Baird | Neutral | $78 | Maintains | Aug 1, 2024 |
BMO Capital | Market Perform | Maintains | Aug 1, 2024 | |
| Daniel Perlin RBC Capital | Sector Perform | $81 | Maintains | Aug 1, 2024 |
| Ramsey El-Assal Barclays | Equal-Weight | $80 | Maintains | Jul 23, 2024 |
| James Schneider Goldman Sachs | Neutral | $72 | Initiates | Jun 24, 2024 |
| Dan Dolev Mizuho | Neutral | $82 | Maintains | Jun 11, 2024 |
| Mayank Tandon Needham | Hold | Reiterates | Jun 10, 2024 | |
| Tien-Tsin Huang JP Morgan | Neutral | $74 | Maintains | May 2, 2024 |
| Moshe Katri Wedbush | Outperform | $85 | Reiterates | May 2, 2024 |
| James Friedman Susquehanna | Neutral | $78 | Maintains | May 2, 2024 |
| Mayank Tandon Needham | Hold | Reiterates | May 2, 2024 | |
| Keith Bachman BMO Capital | Market Perform | $78 | Maintains | May 2, 2024 |
| Keith Bachman BMO Capital | Market Perform | $77 | Maintains | Apr 30, 2024 |
When did it IPO
1998
Staff Count
336,300
Country
United States
Sector/Industry
Technology/Information Technology Services
CEO
Mr. Ravi Kumar Singisetti
Market Cap
$38.35B
In 2023, CTSH generated $19.35B in revenue, which was a decrease of -0.39% from the previous year. This can be seen as a signal that CTSH's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 25 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cognizant (NASDAQ:CTSH) ranked 7th on Fortune's 2024 Change the World list, highlighting its impact among 52 companies across various sectors.
Why It Matters - Cognizant's recognition on Fortune's 2024 Change the World list enhances its reputation, potentially attracting investors and customers, and may lead to increased market share and revenue growth.
Tue, 24 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Cognizant partners with Aston Martin Aramco F1 Team, highlighting technological advancements that enhance racing performance and improve fan engagement.
Why It Matters - Cognizant's partnership with Aston Martin F1 highlights its role in tech innovation, potentially boosting brand visibility and driving revenue growth, which can positively impact stock performance.
Tue, 17 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cognizant and the England and Wales Cricket Board have partnered to enhance digital experiences for cricket fans and players, supporting the ECB's digital transformation efforts.
Why It Matters - Cognizant's partnership with the ECB enhances its digital capabilities, potentially increasing revenue through expanded engagement, which may positively impact its stock performance.
Wed, 18 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Mecwacare partners with Cognizant for a multi-year collaboration aimed at driving innovation and improving experiences for its workforce, clients, and families.
Why It Matters - The partnership signifies potential growth and innovation for mecwacare, enhancing service quality and operational efficiency, which could positively impact financial performance and stock value.
Thu, 12 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cognizant has partnered with KOMBIT to enhance operational efficiency and user experience for 26 public service apps in Denmark, improving IT solutions for 98 municipalities.
Why It Matters - Cognizant's deal with KOMBIT signals potential growth in revenue and market presence in public sector IT, suggesting improved profitability and competitive advantage.
Wed, 04 Sep 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Cognizant (Nasdaq: CTSH) will present at the Goldman Sachs Communacopia + Technology Conference on September 11, 2024, at 10:10 AM PST. A live webcast will be available on their investor site.
Why It Matters - Cognizant's upcoming presentation at a major investor conference may reveal insights into financial performance and strategic direction, impacting stock valuation and investor sentiment.
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