Conduent Stock Sees Q4 Earnings Forecast Lifted at Sidoti

Key Points

• Sidoti raised Conduent’s Q4 2027 EPS estimate to $0.05 from $0.04, though the company’s full-year consensus earnings forecast remains negative at $0.37 per share.
• Conduent’s latest quarter fell short of expectations, reporting a $0.18 per-share loss versus the $0.17 consensus loss and revenue of $531 million compared with the $702 million estimate.
• Analyst sentiment remains mixed, with the stock carrying an overall “Hold” rating; shares opened at $1.64, while hedge funds and other institutions own 77.28% of the company.

Conduent Inc. (NASDAQ:CNDT - Free Report) - Investment analysts at Sidoti raised their Q4 2027 earnings estimates for Conduent in a research note issued to investors on Thursday, October 1st. Sidoti analyst M. Riddick now expects that the company will post earnings per share of $0.05 for the quarter, up from their prior estimate of $0.04. The consensus estimate for Conduent's current full-year earnings is ($0.37) per share.

Conduent (NASDAQ:CNDT - Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.01). The company had revenue of $531.00 million during the quarter, compared to the consensus estimate of $702.00 million. Conduent had a negative net margin of 8.17% and a negative return on equity of 9.02%.

Several other equities research analysts also recently commented on CNDT. Zacks Research downgraded Conduent from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 11th. Weiss Ratings restated a "sell (d)" rating on shares of Conduent in a report on Friday, July 17th. Finally, Wall Street Zen lowered shares of Conduent from a "hold" rating to a "strong sell" rating in a research note on Saturday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold".

Conduent Stock Performance

Shares of NASDAQ CNDT opened at $1.64 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $255.05 million, a price-to-earnings ratio of -1.08 and a beta of 1.45. The stock's fifty day simple moving average is $1.64 and its 200 day simple moving average is $1.55. Conduent has a 52-week low of $1.15 and a 52-week high of $2.83.

Institutional Investors Weigh In On Conduent

Several hedge funds have recently bought and sold shares of CNDT. Engineers Gate Manager LP acquired a new position in shares of Conduent in the 2nd quarter valued at about $131,000. Headlands Technologies LLC increased its stake in Conduent by 30.9% in the 2nd quarter. Headlands Technologies LLC now owns 54,683 shares of the company's stock valued at $80,000 after buying an additional 12,919 shares during the period. Empowered Funds LLC purchased a new stake in Conduent in the 2nd quarter worth approximately $286,000. Public Employees Retirement System of Ohio acquired a new stake in shares of Conduent during the 2nd quarter valued at $52,000. Finally, Pingora Partners LLC purchased a new position in shares of Conduent during the 2nd quarter valued at $425,000. 77.28% of the stock is owned by hedge funds and other institutional investors.

Key Conduent News

Here are the key news stories impacting Conduent this week:

• Positive Sentiment: Completed $164 million sale of public transit business: Conduent finalized the sale of its public transit unit to Modaxo. The transaction should provide cash, simplify the business and allow management to focus on its core operations. Conduent Completes $164 Million Sale of Public Transit Unit to Modaxo
• Positive Sentiment: Three-year transformation plan unveiled: At its Investor Day, Conduent introduced the ASCEND 2026–28 framework, targeting consistent growth and improved profitability through standardized operations, infrastructure investments and more focused execution. Management also outlined a $120 million cost-reduction plan and expects EBITDA expansion through 2028. Conduent Investor Day Strategy
• Neutral Sentiment: 2027 revenue outlook broadly matches expectations: Conduent projected fiscal 2027 revenue of $2.2 billion to $2.3 billion, generally consistent with the $2.2 billion consensus estimate. Fiscal 2028 guidance was provided as part of the longer-term framework but specific revenue figures were not reported in the supplied updates. Conduent Analyst Investor Day Transcript
• Negative Sentiment: 2026 revenue guidance is slightly below consensus: Management forecast fiscal 2026 revenue of $2.2 billion to $2.3 billion, compared with analyst expectations of approximately $2.3 billion. That shortfall may temper enthusiasm until cost savings and profitability improvements become visible. Conduent 2026 Outlook

Conduent Company Profile

Conduent Incorporated NASDAQ: CNDT is a business services and technology company that provides digital platforms, transaction processing and business process services to government agencies and commercial organizations. Its solutions are designed to help clients manage customer interactions, administrative workflows, payments and other high-volume, mission-critical processes.

The company's government services include public benefits administration, healthcare and Medicaid support, child support services, workforce and student loan programs, and other public-sector operations.

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