Guggenheim Cuts Cognizant Technology Solutions (NASDAQ:CTSH) Price Target to $80.00

Cognizant Technology Solutions (NASDAQ:CTSH) had its price objective reduced by Guggenheim from $85.00 to $80.00 in a research note published on Thursday morning,Benzinga reports. They currently have a buy rating on the information technology service provider’s stock.

A number of other analysts also recently issued reports on the company. Citigroup reaffirmed a “neutral” rating and issued a $58.00 price objective (down from $68.00) on shares of Cognizant Technology Solutions in a research note on Thursday. Wedbush reduced their price objective on Cognizant Technology Solutions from $61.00 to $56.00 and set a “neutral” rating on the stock in a research note on Thursday. Mizuho set a $87.00 price objective on Cognizant Technology Solutions in a research note on Monday, February 9th. Nomura lifted their price objective on Cognizant Technology Solutions from $92.00 to $93.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Royal Bank Of Canada lifted their price objective on Cognizant Technology Solutions from $82.00 to $88.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 5th. Ten analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, Cognizant Technology Solutions presently has a consensus rating of “Hold” and a consensus price target of $77.15.

Cognizant Technology Solutions Stock Performance

NASDAQ:CTSH opened at $52.43 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.23 and a quick ratio of 2.14. Cognizant Technology Solutions has a 1 year low of $52.28 and a 1 year high of $87.03. The stock’s 50 day simple moving average is $60.88 and its two-hundred day simple moving average is $71.62. The company has a market cap of $25.07 billion, a price-to-earnings ratio of 11.40, a PEG ratio of 1.14 and a beta of 0.81.

Cognizant Technology Solutions (NASDAQ:CTSH) last released its quarterly earnings data on Wednesday, April 29th. The information technology service provider reported $1.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. Cognizant Technology Solutions had a return on equity of 17.50% and a net margin of 10.41%.The business had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.41 billion. During the same quarter in the previous year, the company posted $1.23 EPS. The company’s revenue was up 5.8% compared to the same quarter last year. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. As a group, equities analysts anticipate that Cognizant Technology Solutions will post 5.68 earnings per share for the current fiscal year.

Cognizant Technology Solutions Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Monday, May 18th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, May 18th. This represents a $1.32 annualized dividend and a dividend yield of 2.5%. Cognizant Technology Solutions’s payout ratio is currently 28.70%.

Insider Buying and Selling at Cognizant Technology Solutions

In other news, insider Surya Gummadi sold 1,728 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $83.06, for a total transaction of $143,527.68. Following the transaction, the insider owned 25,641 shares of the company’s stock, valued at approximately $2,129,741.46. The trade was a 6.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On Cognizant Technology Solutions

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its position in shares of Cognizant Technology Solutions by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 60,348,442 shares of the information technology service provider’s stock valued at $4,047,570,000 after purchasing an additional 493,912 shares during the last quarter. Pzena Investment Management LLC boosted its holdings in 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 acquiring an additional 2,633,683 shares during the period. Invesco Ltd. boosted its holdings in Cognizant Technology Solutions by 8.6% during the 3rd quarter. Invesco Ltd. now owns 12,534,198 shares of the information technology service provider’s stock valued at $840,669,000 after acquiring an additional 987,395 shares during the period. First Trust Advisors LP boosted its holdings in Cognizant Technology Solutions by 7.6% during the 3rd quarter. First Trust Advisors LP now owns 9,085,998 shares of the information technology service provider’s stock valued at $609,398,000 after acquiring an additional 639,801 shares during the period. Finally, Norges Bank purchased a new position in Cognizant Technology Solutions during the 4th quarter valued at $690,959,000. Institutional investors own 92.44% of the company’s stock.

Key Headlines Impacting Cognizant Technology Solutions

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

• Positive Sentiment: Q1 EPS beat and margin outlook lift confidence — Cognizant reported an EPS beat for Q1 and raised its 2026 margin outlook, which supports near-term earnings visibility. Cognizant Q1 Earnings Beat
• Positive Sentiment: Acquisition adds scale in contact-center services — Cognizant agreed to buy Astreya for about $600M, expanding its CX and cloud services footprint. This is strategic revenue and capability growth. Cognizant to buy Astreya
• Positive Sentiment: Selective analyst upgrades/raises remain — A few firms (e.g., Nomura, Susquehanna) reaffirm buy/positive views or raised targets, indicating some analysts see material upside despite broader cuts. Nomura raises PT to $93
• Neutral Sentiment: Zacks ranks CTSH as a top growth stock — Useful context for growth-oriented investors, but a style score is not an immediate catalyst. CTSH is a Top-Ranked Growth Stock
• Neutral Sentiment: Brand/partnership news supports long-term positioning — Becoming Aston Martin Aramco F1 Team’s Global AI Services Partner raises profile but is more strategic/PR than near-term revenue. Cognizant named AMF1 Global AI Services Partner
• Negative Sentiment: Broad wave of price‑target cuts from major analysts — Multiple firms trimmed targets (Evercore, BMO, HSBC, JPMorgan, Morgan Stanley, Wedbush, Wells Fargo, Guggenheim), weighing on the stock by reducing near-term upside expectations. Evercore cuts PT to $70 BMO cuts PT to $63 JPMorgan cuts PT to $74
• Negative Sentiment: Project Leap restructuring flagged as a risk — Analysts and risk monitors highlight Project Leap’s cost and execution risks, which could pressure productivity and margins if issues persist. Project Leap raises risks
• Negative Sentiment: Top-line softness and margin strain concerns — While EPS beat, revenue missed and management flagged margin pressure in the call, which limits optimism about a quick re-rating. Earnings call: bookings shine amid margin strain

About Cognizant Technology Solutions

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.