Cognizant Technology Solutions (CTSH) Set to Announce Quarterly Earnings on Thursday

Cognizant Technology Solutions (NASDAQ:CTSH) is anticipated to release its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Cognizant Technology Solutions to announce earnings of $1.46 per share and revenue of $5.64 billion for the quarter. Investors can check the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 8:30 AM ET.

Cognizant Technology Solutions (NASDAQ:CTSH) last announced its earnings results on Wednesday, July 29th. The information technology service provider reported $1.37 EPS for the quarter, missing analysts’ consensus estimates 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’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the business earned $1.31 EPS. On average, analysts expect Cognizant Technology Solutions to post $5.74 EPS for the current fiscal year and $6.33 EPS for the next fiscal year.

Cognizant Technology Solutions Trading Down 4.5%

Shares of NASDAQ:CTSH opened at $66.22 on Wednesday. The firm’s 50-day moving average is $61.92 and its two-hundred day moving average is $59.60. Cognizant Technology Solutions has a 1 year low of $37.08 and a 1 year high of $87.03.

More Cognizant Technology Solutions News

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

• Positive Sentiment: Analysts raised price targets: JPMorgan increased its target from $67 to $78 and Wells Fargo raised its target from $67 to $77; both maintain an overweight rating. The revisions suggest improving confidence in Cognizant’s growth prospects and provide potential upside from recent trading levels. Cognizant Lands Five-Year AI Partnership Ahead of Earnings
• Positive Sentiment: AI partnerships strengthen the growth narrative: Cognizant and the European Bank for Reconstruction and Development agreed to collaborate on AI-led, outcome-driven digital transformation services. Cognizant also deepened its strategic partnership with Travelport to develop AI-enabled travel retail solutions. These deals could support future demand for the company’s consulting and technology services. Cognizant and EBRD Partner Travelport and Cognizant Partnership
• Neutral Sentiment: Earnings are the immediate catalyst: Cognizant expects third-quarter revenue of $5.6 billion to $5.68 billion. Investors are likely looking for evidence that AI demand is translating into stronger bookings, revenue growth and guidance, which may explain caution ahead of the report. CTSH Set to Report Q3 Earnings
• Neutral Sentiment: Mixed analyst signal: Morgan Stanley lifted its price target from $51 to $70 but retained an equal-weight rating, citing valuation appeal alongside fundamental uncertainty. This supports the stock’s valuation while limiting the strength of the bullish case. Morgan Stanley Raises Cognizant Price Target

Analyst Ratings Changes

Several research analysts have recently commented on CTSH shares. HSBC lowered their price objective on shares of Cognizant Technology Solutions from $80.00 to $68.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Morgan Stanley upped their target price on shares of Cognizant Technology Solutions from $51.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Citigroup reaffirmed a “neutral” rating on shares of Cognizant Technology Solutions in a research note on Monday, October 19th. Weiss Ratings upgraded shares of Cognizant Technology Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, October 19th. Finally, Robert W. Baird set a $68.00 price target on shares of Cognizant Technology Solutions in a research report on Thursday, July 30th. Ten investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $68.04.

About Cognizant Technology Solutions

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.