Sidoti Weighs in on Conduent's FY2026 Earnings (NASDAQ:CNDT)

Key Points

• Sidoti cut its FY2026 earnings forecast for Conduent to a loss of $0.40 per share from a projected loss of $0.37; it forecasts earnings of $0.24 per share in FY2028.
• Conduent’s latest quarter fell short of expectations: it reported a $0.11-per-share loss versus an estimated $0.08 loss, while revenue of $534 million missed the $545.7 million estimate.
• Analyst sentiment is mixed, with MarketBeat reporting an average “Hold” rating. Recent rating changes included downgrades from Weiss Ratings, Zacks Research, and Wall Street Zen.

Conduent Inc. (NASDAQ:CNDT - Free Report) - Equities researchers at Sidoti reduced their FY2026 EPS estimates for Conduent in a research report issued on Monday, November 9th. Sidoti analyst M. Riddick now expects that the company will post earnings of ($0.40) per share for the year, down from their prior forecast of ($0.37). The consensus estimate for Conduent's current full-year earnings is ($0.37) per share. Sidoti also issued estimates for Conduent's FY2028 earnings at $0.24 EPS.

Other research analysts also recently issued research reports about the company. Weiss Ratings downgraded Conduent from a "sell (d)" rating to a "sell (d-)" rating in a research note on Monday. Zacks Research lowered Conduent from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 11th. Finally, Wall Street Zen cut Conduent from a "sell" rating to a "strong sell" rating in a research note on Sunday, November 1st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold".

Conduent Price Performance

CNDT opened at $1.37 on Wednesday. The company has a fifty day moving average price of $1.60 and a two-hundred day moving average price of $1.53. The firm has a market capitalization of $213.28 million, a PE ratio of -0.88 and a beta of 1.47. Conduent has a 52 week low of $1.15 and a 52 week high of $2.12. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.41 and a current ratio of 1.41.

Conduent (NASDAQ:CNDT - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.03). Conduent had a negative net margin of 9.03% and a negative return on equity of 10.66%. The business had revenue of $534.00 million during the quarter, compared to analyst estimates of $545.67 million.

Hedge Funds Weigh In On Conduent

Institutional investors and hedge funds have recently made changes to their positions in the company. Nierenberg Investment Management Company LLC bought a new stake in shares of Conduent in the 2nd quarter valued at $25,630. StoneX Group Inc. bought a new position in Conduent during the third quarter worth about $27,000. GSA Capital Partners LLP bought a new position in Conduent during the second quarter worth about $30,000. Pallas Capital Advisors LLC acquired a new position in Conduent in the second quarter valued at about $30,000. Finally, HB Wealth Management LLC acquired a new position in Conduent in the first quarter valued at about $51,000. Institutional investors and hedge funds own 77.28% of the company's stock.

Conduent Company Profile

Conduent Incorporated NASDAQ: CNDT provides business process services and technology solutions to government agencies and commercial organizations. Its services are designed to help clients manage complex administrative processes, improve customer interactions and modernize operations through digital tools and automation. The company's offerings include transportation and mobility services, such as electronic tolling, transit fare collection and traffic-management solutions; government services, including public benefits administration, payment processing and constituent support; and commercial services covering customer experience, claims and benefits administration, human resources and other business processes.

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