Cognizant Technology Solutions Corporation (CTSH)
NASDAQ: CTSH · IEX Real-Time Price · USD
73.62
+1.22 (1.69%)
At close: Mar 27, 2024, 4:00 PM
73.60
-0.02 (-0.03%)
Pre-market: Mar 28, 2024, 5:26 AM EDT

CTSH Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for CTSH stock have an average target of 75.38, with a low estimate of 55 and a high estimate of 90. The average target predicts an increase of 2.39% from the current stock price of 73.62.

Analyst Consensus: Hold
Target Low Average Median High
Price $55 $75.38 $77 $90
Change -25.29% +2.39% +4.59% +22.25%

Analyst Ratings

The average analyst rating for CTSH stock from 17 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 222333
Buy 222211
Hold 77810911
Sell 443111
Strong Sell 000111
Total 151515171517

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$65$70
Hold Maintains $65$70 -4.92% Mar 26, 2024
Guggenheim
Guggenheim
Hold
Initiates
$80
Hold Initiates $80 +8.67% Mar 19, 2024
RBC Capital
RBC Capital
Hold
Maintains
$74$77
Hold Maintains $74$77 +4.59% Feb 7, 2024
BMO Capital
BMO Capital
Hold
Maintains
$88$85
Hold Maintains $88$85 +15.46% Feb 7, 2024
Mizuho
Mizuho
Hold
Initiates
$82
Hold Initiates $82 +11.38% Jan 30, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
19.85B
from 19.35B
Increased by 2.57%
Revenue Next Year
20.87B
from 19.85B
Increased by 5.11%
EPS This Year
4.71
from 4.21
Increased by 11.97%
EPS Next Year
5.09
from 4.71
Increased by 8.02%
Year 201920202021202220232024202520262027
Revenue
16.78B16.65B18.51B19.43B19.35B19.85B20.87B22.57B27.21B
Revenue Growth
4.08%-0.78%11.14%4.98%-0.39%2.57%5.11%8.15%20.60%
EPS
3.292.574.054.414.214.715.095.627.47
EPS Growth
-8.61%-21.88%57.59%8.89%-4.54%11.97%8.02%10.47%32.74%
No. Analysts -----3131163
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 21.1B 22.8B 25.3B 30.1B
Avg 19.9B 20.9B 22.6B 27.2B
Low 18.7B 19.3B 20.3B 24.2B

Revenue Growth

Revenue Growth 2024202520262027
High
9.2%
15.0%
21.4%
33.5%
Avg
2.6%
5.1%
8.1%
20.6%
Low
-3.2%
-2.8%
-2.9%
7.1%

EPS Forecast

EPS 2024202520262027
High 5.28 5.83 6.52 7.69
Avg 4.71 5.09 5.62 7.47
Low 4.45 4.58 4.95 7.17

EPS Growth

EPS Growth 2024202520262027
High
25.5%
23.6%
28.1%
36.6%
Avg
12.0%
8.0%
10.5%
32.7%
Low
5.7%
-2.9%
-2.8%
27.5%
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.