Mizuho Has Lowered Expectations for Cognizant Technology Solutions (NASDAQ:CTSH) Stock Price

Key Points

• Mizuho cut its price target for Cognizant (CTSH) from $87 to $68 and kept a "neutral" rating, an implied upside of about 32.9% from the stock's prior close.
• Analyst views are mixed: there are currently 10 Buys and 12 Holds with an average target of $75.45, while recent firm actions ranged from Deutsche Bank's upgrade and $100 target to HSBC's cut to $80.
• Cognizant reported Q1 EPS of $1.40 (beat by $0.07) and $5.41B revenue (in line), set FY2026 EPS guidance of $5.63–$5.77, and its shares trade near $51 with a P/E of about 11.1.

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) had its price target lowered by research analysts at Mizuho from $87.00 to $68.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a "neutral" rating on the information technology service provider's stock. Mizuho's price target would indicate a potential upside of 32.94% from the stock's previous close.

Several other research firms also recently issued reports on CTSH. HSBC decreased their price objective on shares of Cognizant Technology Solutions from $98.00 to $80.00 in a research note on Thursday, April 30th. Susquehanna reduced their target price on shares of Cognizant Technology Solutions from $98.00 to $88.00 and set a "positive" rating on the stock in a report on Friday, May 1st. Nomura upped their price target on shares of Cognizant Technology Solutions from $92.00 to $93.00 and gave the stock a "buy" rating in a research report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft raised Cognizant Technology Solutions from a "hold" rating to a "buy" rating and set a $100.00 price objective on the stock in a research report on Monday, January 26th. Finally, Argus upgraded Cognizant Technology Solutions to a "hold" rating in a research note on Tuesday, February 10th. Ten analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $75.45.

Cognizant Technology Solutions Stock Performance

NASDAQ:CTSH opened at $51.15 on Wednesday. Cognizant Technology Solutions has a 1-year low of $50.81 and a 1-year high of $87.03. The firm has a 50 day simple moving average of $60.61 and a 200-day simple moving average of $71.55. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.23 and a quick ratio of 2.23. The firm has a market cap of $24.46 billion, a PE ratio of 11.11, a P/E/G ratio of 1.12 and a beta of 0.81.

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The information technology service provider reported $1.40 earnings per share for the quarter, topping analysts' consensus estimates of $1.33 by $0.07. The company had revenue of $5.41 billion for the quarter, compared to the consensus estimate 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 quarter last year, the firm posted $1.23 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. On average, equities analysts expect that Cognizant Technology Solutions will post 5.69 EPS for the current year.

Institutional Trading of Cognizant Technology Solutions

Institutional investors and hedge funds have recently modified their holdings of the business. JPL Wealth Management LLC acquired a new position in shares of Cognizant Technology Solutions in the 3rd quarter valued at about $25,000. Lodestone Wealth Management LLC bought a new position in Cognizant Technology Solutions in the fourth quarter worth about $28,000. Flagship Harbor Advisors LLC bought a new position in Cognizant Technology Solutions in the fourth quarter worth about $28,000. Physician Wealth Advisors Inc. boosted its stake in Cognizant Technology Solutions by 165.1% in the fourth quarter. Physician Wealth Advisors Inc. now owns 342 shares of the information technology service provider's stock valued at $28,000 after acquiring an additional 213 shares during the period. Finally, Prosperity Bancshares Inc bought a new position in shares of Cognizant Technology Solutions during the fourth quarter valued at approximately $29,000. 92.44% of the stock is owned by institutional investors and hedge funds.

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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