Cognizant Technology Solutions Corporation (CTSH)

NASDAQ: CTSH · Real-Time Price · USD
78.99
-0.50 (-0.63%)
Dec 20, 2024, 9:49 AM EST - Market open
-0.63%
Market Cap 39.17B
Revenue (ttm) 19.41B
Net Income (ttm) 2.25B
Shares Out 495.82M
EPS (ttm) 4.52
PE Ratio 17.59
Forward PE 16.51
Dividend $1.20 (1.51%)
Ex-Dividend Date Nov 19, 2024
Volume 900,407
Open 78.78
Previous Close 79.49
Day's Range 78.33 - 79.34
52-Week Range 63.79 - 82.46
Beta 1.06
Analysts Hold
Price Target 80.82 (+2.32%)
Earnings Date Feb 4, 2025

About CTSH

Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services, Health Sciences, Products and Resources, and Communications, Media and Technology. The company provides customer experience, robotic process automation, analytics, and AI services in areas, such as digital lending, fraud detection, and next generation payments; the shift towards consumerism, outcome-based con... [Read more]

Sector Technology
IPO Date Jun 19, 1998
Employees 347,700
Stock Exchange NASDAQ
Ticker Symbol CTSH
Full Company Profile

Financial Performance

In 2023, CTSH's revenue was $19.35 billion, a decrease of -0.39% compared to the previous year's $19.43 billion. Earnings were $2.13 billion, a decrease of -7.16%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for CTSH stock is "Hold." The 12-month stock price forecast is $80.82, which is an increase of 2.32% from the latest price.

Price Target
$80.82
(2.32% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Cognizant First to Achieve ISO/IEC 42001:2023 Accredited Certification for Artificial Intelligence Management Systems

Certification recognizes Cognizant's leadership in developing, assessing, and deploying AI systems in a safe, trustworthy, and ethical way TEANECK, N.J. , Dec. 16, 2024 /PRNewswire/ -- Cognizant (NASD...

4 days ago - PRNewsWire

Cognizant Named to Newsweek's List of America's Greatest Workplaces for Diversity

Recognition adds to numerous awards Cognizant has received in 2024 for excellence across multiple categories  TEANECK, N.J. , Dec. 12, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH), a leading global t...

7 days ago - PRNewsWire

Beyond Bank and Cognizant join forces to lead the future of customer-owned banking

Beyond Bank Australia leverages Cognizant's expertise to modernize IT infrastructure and enhance operational resilience. SYDNEY and TEANECK, N.J.

8 days ago - PRNewsWire

Cognizant and Zscaler Expand Partnership to Accelerate Adoption of AI-enabled Zero Trust Security

The combination of Zscaler's leading platform and Cognizant's expertise at the intersection of technology and industry aims to offer clients the capability to modernize, transform and simplify their e...

10 days ago - PRNewsWire

Cognizant to Present at the Nasdaq Investor Conference

TEANECK, N.J. , Dec. 4, 2024 /PRNewswire/ --  Cognizant  (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, today announced a presentation at the ...

16 days ago - PRNewsWire

CIBC and The Cognizant Classic in The Palm Beaches announce multi-year partnership

Partnership underscores CIBC's connectivity to the local community and clients PALM BEACH GARDENS, Fla. , Nov. 19, 2024 /PRNewswire/ - Today, The Cognizant Classic in The Palm Beaches and CIBC announc...

4 weeks ago - PRNewsWire

Savvas Learning Company Extends Collaboration with Cognizant, Leader in Driving Enterprise Transformation

Global learning solutions provider renews collaboration with Cognizant to help optimize its back-office IT operations, enhance efficiencies, and support timely order management and product delivery TE...

5 weeks ago - PRNewsWire

Cognizant Launches Global FinOps Center of Excellence, New Solutions Built with IBM Technology to Tackle Enterprise Modernization Challenges

Collaboration debuts solutions that aim to enable enterprises to manage complexity, modernize legacy applications and innovate with enterprise-scale AI. TEANECK, N.J.

6 weeks ago - PRNewsWire

Cognizant beats quarterly profit estimates on gradual recovery in IT services demand

Cognizant Technology Solutions beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn to the IT services provider.

7 weeks ago - Reuters

Cognizant Technology Solutions Corporation (CTSH) Q3 2024 Earnings Call Transcript

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Tyler Scott - Vice President, Investor Relations Ravi Kumar ...

7 weeks ago - Seeking Alpha

Cognizant Reports Third Quarter 2024 Results

Revenue of $5.0 billion, increased 3.0% year-over-year or 2.7% in constant currency1, the high end of our guidance ranges Operating margin of 14.6%, sequentially flat and increased 60 basis points yea...

7 weeks ago - PRNewsWire

Cognizant's Synapse Skilling Initiative Impacts More Than 275,000 Individuals in its First Year

Launched about one year ago, Cognizant created Synapse as a global program to equip individuals with the technology skills they need to be part of the workforce of the future. TEANECK, N.J.

7 weeks ago - PRNewsWire

Cognizant Collaborates with Alnylam as Technology Services Partner to Scale IT Operations

Utilizing Cognizant's top-tier managed services frameworks and tools, the partnership aims to enhance Alnylam's automation and reduce operational efforts TEANECK, N.J. , Oct. 29, 2024 /PRNewswire/ -- ...

7 weeks ago - PRNewsWire

Cognizant Signs Strategic Collaboration Agreement with AWS to Empower the Digital Factory and Enhance Smart Manufacturing

Cognizant and AWS to bring generative AI-powered offerings to market to transform manufacturing operations at scale, for enterprises in industrial, automotive, life sciences and consumer goods industr...

7 weeks ago - PRNewsWire

Cognizant Named Number 10 on Newsweek's List of America's Most Reliable Companies 2025

TEANECK, N.J. , Oct. 24, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced it has been named number 10 on Newsweek's list of America's Most Reliable Companies.

2 months ago - PRNewsWire

Cognizant Tackles Enterprise Cloud Cost Challenges with NVIDIA RAPIDS Cloud Modernization

Collaboration leverages NVIDIA AI and Cognizant's data analytics accelerators with the goal to optimize enterprise cloud costs, enhance performance and help clients modernize their infrastructure to b...

2 months ago - PRNewsWire

FCCI Collaborated with Cognizant to Create New Excess & Surplus Insurance Lines of Business

Cognizant leveraged Duck Creek Technologies' cutting-edge policy administration system to modernize FCCI's operations and expand the insurance group's footprint into the Excess & Surplus market TEANEC...

2 months ago - PRNewsWire

Cognizant Named One of America's Greenest Companies 2025 by Newsweek

Company also recognized for innovative sustainability efforts with 2024 International Green Apple Environment Award and two National Awards for Excellence in CSR & Sustainability TEANECK, N.J. , Oct. ...

2 months ago - PRNewsWire

Introducing Cognizant Neuro® Cybersecurity: AI-Powered Cybersecurity Platform to Orchestrate Action and Elevate Enterprise Cybersecurity Posture

Designed for the Cybersecurity challenges of the AI era, Cognizant Neuro ®  Cybersecurity offers AI-enabled enterprise security orchestration for enhanced cyber resilience and risk management. TEANECK...

2 months ago - PRNewsWire

du partners with Cognizant to elevate digital Telecommunications excellence

The collaboration will integrate Cognizant's advanced solutions to enhance du's service quality and customer satisfaction, ushering in a new era of digital innovation in the telco industry. TEANECK, N...

2 months ago - PRNewsWire

Cognizant Announces Multi-Agent Orchestration for its Neuro® AI Platform

Enhanced platform integrates powerful multi-agent AI orchestration that can accelerate the enterprise AI productivity-to-growth journey Dozens of businesses have already leveraged the platform to rapi...

2 months ago - PRNewsWire

Cognizant Partners with Palo Alto Networks to Deliver AI-Led Cybersecurity Services and Strengthen Security Posture of Global Enterprises

Comprehensive, AI-powered security platforms to fortify cybersecurity readiness for organizations in the financial services, healthcare and life sciences industries TEANECK, N.J. , Oct. 10, 2024 /PRNe...

2 months ago - PRNewsWire

Cognizant Schedules Third Quarter 2024 Earnings Release and Conference Call

TEANECK, N.J. , Oct. 9, 2024 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the third quar...

2 months ago - PRNewsWire

Cognizant Foundation India Celebrates 20 Years of Community Impact

Two-decade commitment to building a better tomorrow by supporting the underrepresented and underserved communities of India CHENNAI, India , Oct. 8, 2024  /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today...

2 months ago - PRNewsWire

Cognizant Named #7 to Fortune's Change the World List

TEANECK, N.J. , Sept. 25, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced it has been named to Fortune's 2024 Change the World list, ranking number 7 among 52 companies across a variety o...

3 months ago - PRNewsWire