Cognizant Technology Solutions Corporation (CTSH)
NASDAQ: CTSH · Real-Time Price · USD
76.09
-1.09 (-1.41%)
At close: Oct 1, 2024, 4:00 PM
76.13
+0.04 (0.05%)
After-hours: Oct 1, 2024, 6:00 PM EDT
CTSH Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for CTSH stock have an average target of 77.89, with a low estimate of 65 and a high estimate of 90. The average target predicts an increase of 2.37% from the current stock price of 76.09.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CTSH stock from 20 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 12 | 13 | 14 | 14 | 16 | 16 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 17 | 18 | 18 | 18 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $76 | Hold | Maintains | $76 | -0.12% | Sep 12, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $82 → $89 | Hold | Maintains | $82 → $89 | +16.97% | Sep 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $75 → $76 | Hold | Maintains | $75 → $76 | -0.12% | Aug 28, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $81 → $82 | Hold | Maintains | $81 → $82 | +7.77% | Aug 28, 2024 |
| Jefferies | Jefferies | Strong Buy Initiates $90 | Strong Buy | Initiates | $90 | +18.28% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
19.98B
from 19.35B
Increased by 3.26%
Revenue Next Year
21.13B
from 19.98B
Increased by 5.74%
EPS This Year
4.72
from 4.21
Increased by 12.12%
EPS Next Year
5.08
from 4.72
Increased by 7.55%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.8B | 22.6B | 24.5B | ||
| Avg | 20.0B | 21.1B | 22.5B | ||
| Low | 19.0B | 19.4B | 20.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.5% | 13.2% | 16.0% | ||
| Avg | 3.3% | 5.7% | 6.7% | ||
| Low | -1.8% | -2.9% | -3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.91 | 5.61 | 6.25 | ||
| Avg | 4.72 | 5.08 | 5.56 | ||
| Low | 4.50 | 4.70 | 5.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.7% | 18.8% | 23.1% | ||
| Avg | 12.1% | 7.6% | 9.6% | ||
| Low | 6.8% | -0.3% | 1.3% |
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.