Conduent (NASDAQ:CNDT) Downgraded by Wall Street Zen to "Strong Sell"

Key Points

• Wall Street Zen downgraded Conduent to “strong sell” from “hold,” while Zacks Research also lowered its view to “hold.” Despite mixed analyst opinions, MarketBeat’s overall consensus rating remains “Moderate Buy.”
• Conduent’s latest quarter showed continued weakness: it reported a $0.18-per-share loss versus expectations of $0.17 and revenue of $531 million compared with the $702 million consensus estimate.
• Shares opened at $1.52, near their 50-day and 200-day moving averages, while institutional investors own 77.28% of the stock. Sidoti has nevertheless raised several earnings estimates, anticipating narrower losses and possible profitability by late 2027.

Conduent (NASDAQ:CNDT - Get Free Report) was downgraded by research analysts at Wall Street Zen from a "hold" rating to a "strong sell" rating in a report issued on Saturday.

Other research analysts also recently issued reports about the stock. Zacks Research downgraded shares of Conduent from a "strong-buy" rating to a "hold" rating in a research note on Tuesday. Weiss Ratings reissued a "sell (d)" rating on shares of Conduent in a research report on Friday, July 17th. Finally, Noble Financial upgraded shares of Conduent to a "strong-buy" rating in a research note on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy".

Conduent Stock Performance

Shares of CNDT opened at $1.52 on Friday. The business's 50 day moving average is $1.51 and its two-hundred day moving average is $1.50. Conduent has a 52-week low of $1.15 and a 52-week high of $2.98. The firm has a market cap of $236.39 million, a price-to-earnings ratio of -1.00 and a beta of 1.44. The company has a quick ratio of 1.59, a current ratio of 1.55 and a debt-to-equity ratio of 1.33.

Conduent (NASDAQ:CNDT - Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.17) by ($0.01). Conduent had a negative return on equity of 9.02% and a negative net margin of 8.17%.The company had revenue of $531.00 million for the quarter, compared to analyst estimates of $702.00 million. Analysts forecast that Conduent will post -0.26 EPS for the current fiscal year.

Institutional Investors Weigh In On Conduent

Institutional investors and hedge funds have recently bought and sold shares of the business. Global Retirement Partners LLC boosted its stake in Conduent by 28,720.0% in the fourth quarter. Global Retirement Partners LLC now owns 14,410 shares of the company's stock valued at $28,000 after acquiring an additional 14,360 shares during the period. Boothbay Fund Management LLC acquired a new stake in shares of Conduent during the 2nd quarter worth approximately $29,000. Pallas Capital Advisors LLC acquired a new stake in shares of Conduent during the 2nd quarter worth approximately $30,000. GSA Capital Partners LLP acquired a new stake in shares of Conduent during the 2nd quarter worth approximately $30,000. Finally, M&T Bank Corp bought a new stake in shares of Conduent in the 4th quarter worth approximately $33,000. Institutional investors and hedge funds own 77.28% of the company's stock.

Key Conduent News

Here are the key news stories impacting Conduent this week:

• Positive Sentiment: Sidoti substantially improved its 2027 outlook. The firm raised its FY2027 EPS estimate to a loss of $0.06 from a loss of $0.20, while also lifting estimates for the first three quarters and Q4 2027. Sidoti now expects Conduent to report positive EPS of $0.04 in Q4 2027, suggesting analysts see a path toward profitability. These estimates are still below the current-year consensus loss of $0.29, but the revisions indicate improving expectations for the company’s longer-term performance.
• Positive Sentiment: Near-term earnings estimates were also revised higher. Sidoti raised its Q3 2026 EPS forecast to a loss of $0.09 from $0.13, its Q4 2026 forecast to a loss of $0.04 from $0.06, and its FY2026 forecast to a loss of $0.37 from $0.43. The revisions point to expectations for narrower losses than previously anticipated. Conduent analyst estimates
• Neutral Sentiment: Some analysts remain bullish on Conduent. A recent report highlighted CNDT among technology stocks viewed favorably by analysts, although the report provided no specific new price target or earnings catalyst. Analysts Are Bullish on These Technology Stocks
• Negative Sentiment: Zacks Research downgraded Conduent from “strong buy” to “hold.” The less-positive rating likely pressured the stock by signaling reduced conviction in the near-term upside, despite Sidoti’s improved estimates. Zacks Research
• Negative Sentiment: Conduent’s latest reported quarter showed continuing fundamental weakness: the company posted a $0.18-per-share loss versus a $0.17 consensus loss and revenue of $531 million versus expectations of $702 million. Persistent losses and the significant revenue shortfall remain key risks for investors.

Conduent Company Profile

Conduent Incorporated is a global provider of diversified business process services with a focus on delivering digital platforms and automation solutions. The company serves clients across a variety of industries including healthcare, transportation, public sector, financial services and human resources. By combining technology-enabled services with data analytics and artificial intelligence, Conduent helps organizations streamline operations, enhance customer experiences and improve overall efficiency.

Key offerings from Conduent encompass customer engagement and transaction processing, digital payment solutions, eligibility and enrollment services for health and welfare programs, and workforce management tools.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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