Conduent Stock Sees Q4 Earnings Estimate Raised at Sidoti

Conduent Inc. (NASDAQ:CNDT) – Analysts at Sidoti increased their Q4 2027 EPS estimates for Conduent in a research note issued to investors on Thursday, October 1st. Sidoti analyst M. Riddick now expects that the company will post earnings of $0.05 per share for the quarter, up from their previous forecast of $0.04. The consensus estimate for Conduent’s current full-year earnings is ($0.37) per share.

CNDT has been the topic of a number of other reports. Zacks Research downgraded Conduent from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Wall Street Zen lowered shares of Conduent from a “hold” rating to a “strong sell” rating in a research report on Saturday, August 15th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Conduent in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold”.

Conduent Price Performance

Shares of NASDAQ:CNDT opened at $1.64 on Friday. The stock has a market capitalization of $255.05 million, a P/E ratio of -1.08 and a beta of 1.45. The business has a 50-day moving average of $1.64 and a two-hundred day moving average of $1.55. Conduent has a fifty-two week low of $1.15 and a fifty-two week high of $2.83. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.55 and a quick ratio of 1.55.

Conduent (NASDAQ:CNDT) last issued its quarterly earnings data on Monday, August 10th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.01). The business had revenue of $531.00 million during the quarter, compared to the consensus estimate of $702.00 million. Conduent had a negative return on equity of 9.02% and a negative net margin of 8.17%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CNDT. BlackRock Inc. bought a new stake in shares of Conduent in the 2nd quarter worth approximately $20,194,000. Miller Value Partners LLC bought a new position in Conduent in the second quarter worth $18,960,000. Blue Owl Capital Holdings LP acquired a new stake in Conduent during the second quarter worth $7,353,000. Renaissance Technologies LLC increased its holdings in Conduent by 13.6% in the 1st quarter. Renaissance Technologies LLC now owns 2,608,400 shares of the company’s stock valued at $3,339,000 after buying an additional 311,300 shares during the period. Finally, JB Capital Partners LP acquired a new position in shares of Conduent in the 2nd quarter valued at $1,625,069. 77.28% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Conduent

Here are the key news stories impacting Conduent this week:

• Positive Sentiment: Completed $164 million sale of public transit business: Conduent finalized the sale of its public transit unit to Modaxo. The transaction should provide cash, simplify the business and allow management to focus on its core operations. Conduent Completes $164 Million Sale of Public Transit Unit to Modaxo
• Positive Sentiment: Three-year transformation plan unveiled: At its Investor Day, Conduent introduced the ASCEND 2026–28 framework, targeting consistent growth and improved profitability through standardized operations, infrastructure investments and more focused execution. Management also outlined a $120 million cost-reduction plan and expects EBITDA expansion through 2028. Conduent Investor Day Strategy
• Neutral Sentiment: 2027 revenue outlook broadly matches expectations: Conduent projected fiscal 2027 revenue of $2.2 billion to $2.3 billion, generally consistent with the $2.2 billion consensus estimate. Fiscal 2028 guidance was provided as part of the longer-term framework but specific revenue figures were not reported in the supplied updates. Conduent Analyst Investor Day Transcript
• Negative Sentiment: 2026 revenue guidance is slightly below consensus: Management forecast fiscal 2026 revenue of $2.2 billion to $2.3 billion, compared with analyst expectations of approximately $2.3 billion. That shortfall may temper enthusiasm until cost savings and profitability improvements become visible. Conduent 2026 Outlook

About Conduent

Conduent Incorporated (NASDAQ: CNDT) is a business services and technology company that provides digital platforms, transaction processing and business process services to government agencies and commercial organizations. Its solutions are designed to help clients manage customer interactions, administrative workflows, payments and other high-volume, mission-critical processes.

The company’s government services include public benefits administration, healthcare and Medicaid support, child support services, workforce and student loan programs, and other public-sector operations.