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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
Buy | 2 | 2 | 2 | 2 | 1 | 1 |
Hold | 7 | 7 | 8 | 10 | 9 | 11 |
Sell | 4 | 4 | 3 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
Total | 15 | 15 | 15 | 17 | 15 | 17 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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.