Cognizant Technology Solutions Corporation (CTSH)
Market Cap | 38.58B |
Revenue (ttm) | 19.41B |
Net Income (ttm) | 2.25B |
Shares Out | 495.82M |
EPS (ttm) | 4.52 |
PE Ratio | 17.22 |
Forward PE | 16.17 |
Dividend | $1.20 (1.54%) |
Ex-Dividend Date | Nov 19, 2024 |
Volume | 3,579,780 |
Open | 78.48 |
Previous Close | 77.43 |
Day's Range | 77.24 - 78.70 |
52-Week Range | 63.79 - 82.46 |
Beta | 1.06 |
Analysts | Hold |
Price Target | 81.69 (+4.99%) |
Earnings Date | Feb 5, 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]
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 StatementsAnalyst Forecast
According to 17 analysts, the average rating for CTSH stock is "Hold." The 12-month stock price forecast is $81.69, which is an increase of 4.99% from the latest price.
News
Cognizant Study Shows Consumers Who Embrace AI Could Drive $4.4 Trillion in Spending Over Five Years
Joint study between Cognizant and Oxford Economics predicts AI will drive 46% of consumer transactions in the U.S. by 2030, underscoring the business need to leverage AI to reimagine customer experien...
Cognizant Leads Enterprises into Next Generation of AI Adoption with Neuro® AI Multi-Agent Accelerator and Multi-Agent Services Suite
New development framework and services fast track multi-agent adoption by enabling interoperability and scalability to transform business processes TEANECK, N.J. , Jan. 16, 2025 /PRNewswire/ -- Cogniz...
Cognizant Schedules Fourth Quarter 2024 Earnings Release and Conference Call
TEANECK, N.J. , Jan. 15, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the fourth qu...
Cognizant Launches Stores 360 to Transform Retail Operations in Collaboration with ServiceNow
Cognizant Stores 360 aims to unify the retail ecosystem and elevate customer experiences through integrated, automated and predictive capabilities, powered by ServiceNow. TEANECK, N.J.
Cognizant CEO Ravi Kumar S Honored with Prestigious Pravasi Bharatiya Samman Award
BHUBANESWAR, India , Jan. 10, 2025 /PRNewswire/ -- Ravi Kumar S, CEO of Cognizant, a leading global technology company, has been honored with the prestigious Pravasi Bharatiya Samman Award, the highes...
India's Infosys accuses rival Cognizant of anti-competitive practices
India's Infosys filed a counterclaim against rival Cognizant in a Texas federal court on Thursday, accusing the U.S.-based firm of engaging in anti-competitive practices and poaching key executives.
Cognizant Collaborates with Siemens on Solution Accelerator for Software-Defined Vehicles
Cognizant's solution accelerator, powered by Siemens' PAVE360, aims to meet increasing customer demands by speeding up the development cycle for SDVs TEANECK, N.J. , Jan. 8, 2025 /PRNewswire/ -- Cogni...
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...
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...
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.
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...
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 ...
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...
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...
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.
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.
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 ...
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...
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.
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/ -- ...
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...
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.
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...
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...
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. ...