Cognizant Technology Solutions Corporation (CTSH)

NASDAQ: CTSH · Real-Time Price · USD
76.87
-0.24 (-0.31%)
Nov 18, 2024, 4:00 PM EST - Market closed
-0.31%
Market Cap 38.11B
Revenue (ttm) 19.41B
Net Income (ttm) 2.25B
Shares Out 495.82M
EPS (ttm) 4.52
PE Ratio 17.01
Forward PE 15.97
Dividend $1.20 (1.56%)
Ex-Dividend Date Nov 19, 2024
Volume 3,630,986
Open 77.28
Previous Close 77.11
Day's Range 76.83 - 77.85
52-Week Range 63.79 - 82.41
Beta 1.05
Analysts Hold
Price Target 79.94 (+3.99%)
Earnings Date Oct 30, 2024

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 $79.94, which is an increase of 3.99% from the latest price.

Price Target
$79.94
(3.99% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 days 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.

12 days 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.

19 days 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 ...

19 days 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...

19 days 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.

20 days 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/ -- ...

20 days 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...

20 days 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.

25 days 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...

25 days 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...

26 days 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. ...

4 weeks 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...

4 weeks 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...

4 weeks 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...

4 weeks 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...

5 weeks 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...

5 weeks 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...

5 weeks 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...

7 weeks ago - PRNewsWire

mecwacare selects Cognizant as strategic delivery partner to launch revolutionary digital transformation program

mecwacare and Cognizant embark on multi-year relationship to drive innovation and enhance experiences for mecwacare's workforce, clients and their families. SYDNEY and TEANECK, N.J.

2 months ago - PRNewsWire

England and Wales Cricket Board selects Cognizant as Official Digital Technology Transformation Partner to reimagine the recreational cricket experience through technology

Partnership will see Cognizant implement digital products and data capabilities with the goal of enhancing and expanding fan and player engagement LONDON , Sept. 17, 2024 /PRNewswire/ -- The England a...

2 months ago - PRNewsWire

Cognizant partners with KOMBIT to transform public service application testing in Denmark

Agreement aims to enhance quality assurance operational efficiency and improve user experience across 26 public service apps for Danish Municipal IT solutions COPENHAGEN, Denmark , Sept. 12, 2024 /PRN...

2 months ago - PRNewsWire

Cognizant Technology Solutions: Reasons To Be Cautiously Optimistic

Cognizant Technology Solutions has potential for growth reacceleration due to its focus on industries with strong demand for digital services and transformation. Growth has been recently hindered by w...

2 months ago - Seeking Alpha

Cognizant to Present at the Goldman Sachs Communacopia + Technology Conference

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

2 months ago - PRNewsWire

Cognizant Completes Acquisition of Belcan

TEANECK, N.J. , Aug. 27, 2024 /PRNewswire/ -- Cognizant (NASDAQ: CTSH) today announced it completed the acquisition of Belcan for approximately $1.3 billion in cash and stock.

2 months ago - PRNewsWire