Cognizant Technology Solutions Corporation (CTSH)
NASDAQ: CTSH · Real-Time Price · USD
78.86
+1.29 (1.66%)
Nov 21, 2024, 4:00 PM EST - Market closed
CTSH Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for CTSH stock have an average target of 79.94, with a low estimate of 67 and a high estimate of 90. The average target predicts an increase of 1.37% from the current stock price of 78.86.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CTSH stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 14 | 14 | 16 | 16 | 18 | 15 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 18 | 18 | 20 | 20 | 22 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Maintains $83 → $84 | Hold | Maintains | $83 → $84 | +6.52% | Nov 1, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $75 → $76 | Hold | Maintains | $75 → $76 | -3.63% | Oct 31, 2024 |
| Baird | Baird | Hold Maintains $78 → $80 | Hold | Maintains | $78 → $80 | +1.45% | Oct 31, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Oct 31, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $70 → $80 | Hold | Maintains | $70 → $80 | +1.45% | Oct 22, 2024 |
Financial Forecast
Revenue This Year
20.13B
from 19.35B
Increased by 4.00%
Revenue Next Year
21.38B
from 20.13B
Increased by 6.20%
EPS This Year
4.76
from 4.21
Increased by 12.97%
EPS Next Year
5.10
from 4.76
Increased by 7.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.8B | 22.4B | 24.8B | ||
| Avg | 20.1B | 21.4B | 22.7B | ||
| Low | 19.3B | 20.2B | 21.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.7% | 11.5% | 16.1% | ||
| Avg | 4.0% | 6.2% | 6.3% | ||
| Low | -0.2% | 0.3% | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.95 | 5.68 | 6.34 | ||
| Avg | 4.76 | 5.10 | 5.57 | ||
| Low | 4.55 | 4.70 | 5.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.5% | 19.4% | 24.5% | ||
| Avg | 13.0% | 7.1% | 9.3% | ||
| Low | 8.0% | -1.1% | 1.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.