Cognizant Technology Solutions (NASDAQ:CTSH) Price Target Cut to $88.00 by Analysts at Susquehanna

Key Points

• Susquehanna cut its price target for Cognizant to $88 (from $98) while keeping a "positive" rating, a level that implies roughly a 66% upside from the stock's current price (~$52.90).
• The analyst landscape is mixed — ten analysts rate CTSH a Buy and eleven a Hold with a consensus price target of $79.63 — and several major brokers have recently lowered targets even as Deutsche Bank upgraded to a Buy with a $100 target.
• Q1 results beat on EPS ($1.40 vs. $1.33) with revenue roughly in line at $5.41B and FY‑2026 EPS guidance of $5.63–$5.77, but investors remain cautious over the ~$600M Astreya acquisition, a softer Q2 outlook, and execution risks from "Project Leap."

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) had its price objective cut by research analysts at Susquehanna from $98.00 to $88.00 in a research note issued on Friday,Benzinga reports. The firm currently has a "positive" rating on the information technology service provider's stock. Susquehanna's target price would indicate a potential upside of 66.35% from the stock's current price.

Several other brokerages have also issued reports on CTSH. Citigroup restated a "neutral" rating and issued a $58.00 price objective (down from $68.00) on shares of Cognizant Technology Solutions in a report on Thursday. Deutsche Bank Aktiengesellschaft upgraded shares of Cognizant Technology Solutions from a "hold" rating to a "buy" rating and set a $100.00 price objective on the stock in a report on Monday, January 26th. UBS Group reduced their price objective on shares of Cognizant Technology Solutions from $67.00 to $64.00 and set a "neutral" rating on the stock in a report on Monday, April 13th. Wedbush reduced their price objective on shares of Cognizant Technology Solutions from $61.00 to $56.00 and set a "neutral" rating on the stock in a report on Thursday. Finally, Jefferies Financial Group dropped their target price on Cognizant Technology Solutions from $90.00 to $80.00 and set a "buy" rating for the company in a research report on Tuesday, April 21st. Ten research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $79.63.

Cognizant Technology Solutions Stock Down 3.3%

Shares of CTSH opened at $52.90 on Friday. The firm has a market cap of $25.30 billion, a P/E ratio of 11.50, a price-to-earnings-growth ratio of 1.19 and a beta of 0.98. Cognizant Technology Solutions has a 12-month low of $52.33 and a 12-month high of $87.03. The company's 50-day moving average price is $60.88 and its 200 day moving average price is $71.58. The company has a current ratio of 2.23, a quick ratio of 2.14 and a debt-to-equity ratio of 0.04.

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The information technology service provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.07. The firm had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.41 billion. Cognizant Technology Solutions had a net margin of 10.41% and a return on equity of 17.50%. Cognizant Technology Solutions's revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.23 EPS. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. On average, sell-side analysts forecast that Cognizant Technology Solutions will post 5.65 earnings per share for the current year.

Insiders Place Their Bets

In other Cognizant Technology Solutions news, insider Surya Gummadi sold 1,728 shares of Cognizant Technology Solutions stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $83.06, for a total value of $143,527.68. Following the completion of the transaction, the insider directly owned 25,641 shares of the company's stock, valued at $2,129,741.46. The trade was a 6.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.32% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Cognizant Technology Solutions

Several institutional investors have recently bought and sold shares of CTSH. JPL Wealth Management LLC acquired a new position in shares of Cognizant Technology Solutions during the third quarter worth about $25,000. Lodestone Wealth Management LLC acquired a new position in shares of Cognizant Technology Solutions during the fourth quarter worth about $28,000. Flagship Harbor Advisors LLC acquired a new position in shares of Cognizant Technology Solutions during the fourth quarter worth about $28,000. Physician Wealth Advisors Inc. grew its position in shares of Cognizant Technology Solutions by 165.1% during the fourth quarter. Physician Wealth Advisors Inc. now owns 342 shares of the information technology service provider's stock worth $28,000 after buying an additional 213 shares in the last quarter. Finally, Prosperity Bancshares Inc acquired a new position in shares of Cognizant Technology Solutions during the fourth quarter worth about $29,000. 92.44% of the stock is owned by institutional investors and hedge funds.

More Cognizant Technology Solutions News

Here are the key news stories impacting Cognizant Technology Solutions this week:

• Positive Sentiment: Q1 EPS beat and margin commentary — Cognizant reported Q1 EPS of $1.40 (above consensus) and highlighted margin improvements that some analysts view as signs of operating leverage returning; this underpins buy-case arguments. Q1 earnings beat
• Positive Sentiment: Nomura raises price target — Nomura nudged its PT to $93 and maintains a buy stance, supporting upside scenarios tied to Cognizant’s AI/managed-services strategy. Nomura PT raise
• Positive Sentiment: Dividend and partnership — Cognizant declared a quarterly dividend ($0.33/share) and announced a Global AI Services partnership with the Aston Martin Aramco F1 Team, both signaling shareholder returns and marketing/AI positioning. Aston Martin AI partnership
• Negative Sentiment: Multiple broker downgrades/price-target cuts — Several large firms lowered PTs (Morgan Stanley to $63, JPMorgan to $74, Wells Fargo to $83, Guggenheim to $80, Wedbush to $56). The broad set of cuts is pressuring the stock and signals differing views on growth recovery and valuation. Morgan Stanley PT cut JPMorgan PT cut Wells Fargo PT cut
• Negative Sentiment: Investor concern on acquisition and outlook — The ~$600M Astreya acquisition (AI/managed services) and a softer Q2 revenue outlook / announced cost actions have prompted cautious reactions as investors weigh near-term margin and integration risks. Astreya acquisition Q2 outlook / cost cuts
• Negative Sentiment: Project Leap execution risk — Analysts flagged restructuring/program costs and litigation/legal risk tied to “Project Leap,” which could pressure productivity and profitability if execution slips. Project Leap risk

About Cognizant Technology Solutions

Cognizant Technology Solutions NASDAQ: CTSH is a global professional services company that provides information technology, consulting and business process services to large enterprises. Its core offerings include digital engineering, application development and maintenance, cloud migration and managed services, data analytics and artificial intelligence, cybersecurity, and industry-specific solutions. Cognizant works with clients to design and implement technology-enabled transformations that address customer experience, operational efficiency and new product and service delivery.

Founded in the 1990s and headquartered in Teaneck, New Jersey, Cognizant has grown into a multinational organization with delivery centers and operations across the Americas, Europe, and Asia.

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