Cognizant Technology Solutions (CTSH) Stock Forecast & Price Target

$70.33

-0.09 (-0.13%)

(As of 12/8/2023 ET)

Today's Range: $69.94
▼
$70.56
50-Day Range: $63.30
▼
$71.30
52-Week Range: $54.25
▼
$72.71

Volume: 1.77 million shs
Average Volume: 2.82 million shs
Market Capitalization: $35.26 billion

P/E Ratio: 17.11
Dividend Yield: 1.65%
Price Target: $68.94

Cognizant Technology Solutions Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 15 Analyst Ratings

Analysts' Consensus Price Target

$68.94
-1.98% Downside

High Forecast	$91.00
Average Forecast	$68.94
Low Forecast	$49.00

Type	Current Forecast 12/9/22 to 12/9/23	1 Month Ago 11/9/22 to 11/9/23	3 Months Ago 9/10/22 to 9/10/23	1 Year Ago 12/9/21 to 12/9/22
Consensus Rating	Hold	Hold	Reduce	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)	2 Buy rating(s)
Hold	7 Hold rating(s)	6 Hold rating(s)	9 Hold rating(s)	13 Hold rating(s)
Sell	4 Sell rating(s)	4 Sell rating(s)	4 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$68.94	$69.00	$68.94	$73.16
Predicted Upside	-1.98% Downside	5.47% Upside	4.58% Upside	14.44% Upside

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CTSH Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CTSH Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Cognizant Technology Solutions Stock vs. The Competition

Type	Cognizant Technology Solutions	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.00	2.56	2.49
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	-1.98% Downside	173.30% Upside	3,819.09% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
11/16/2023	Redburn Atlantic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$68.00	-0.60%
11/7/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$70.00	+5.61%
11/3/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Market Perform ➝ Market Perform	$78.00 ➝ $73.00	+14.69%
11/2/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$68.00 ➝ $65.00	+2.12%
11/2/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$77.00 ➝ $72.00	+13.12%
10/20/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$72.00 ➝ $80.00	+22.25%
Get the Latest News and Ratings for CTSH and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Cognizant Technology Solutions and its competitors with MarketBeat's FREE daily newsletter.
8/11/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$75.00	+6.26%
8/3/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform ➝ Sector Perform	$66.00 ➝ $74.00	+7.12%
7/25/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight	$53.00 ➝ $61.00	-9.56%
5/4/2023	51job Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Reiterates
5/4/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$75.00	+19.35%
4/19/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underperform	$59.00 ➝ $55.00	-10.01%
2/3/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$54.00 ➝ $67.00	-2.84%
2/3/2023	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Positive	$93.00 ➝ $91.00	+28.79%
2/3/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$66.00 ➝ $68.00	-3.76%
1/19/2023	Moffett Nathanson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Market Perform ➝ Underperform	$70.00 ➝ $60.00	-1.62%
1/5/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Peer Perform ➝ Underperform	$49.00	-15.60%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:04 AM ET.

CTSH Price Target - Frequently Asked Questions

What is Cognizant Technology Solutions's consensus rating and price target?: According to the issued ratings of 15 analysts in the last year, the consensus rating for Cognizant Technology Solutions stock is Hold based on the current 4 sell ratings, 7 hold ratings and 4 buy ratings for CTSH. The average twelve-month price prediction for Cognizant Technology Solutions is $68.94 with a high price target of $91.00 and a low price target of $49.00. Learn more on CTSH's analyst rating history.
Do Wall Street analysts like Cognizant Technology Solutions more than its competitors?: Analysts like Cognizant Technology Solutions less than other Computer and Technology companies. The consensus rating for Cognizant Technology Solutions is Hold while the average consensus rating for computer and technology companies is Moderate Buy. Learn more on how CTSH compares to other companies.
Is Cognizant Technology Solutions being upgraded by Wall Street analysts?: Over the previous 90 days, Cognizant Technology Solutions's stock had 1 upgrade by analysts.

Does Cognizant Technology Solutions's stock price have much upside?: According to analysts, Cognizant Technology Solutions's stock has a predicted upside of 5.07% based on their 12-month stock forecasts.
What analysts cover Cognizant Technology Solutions?: Cognizant Technology Solutions has been rated by BMO Capital Markets, Citigroup, JPMorgan Chase & Co., Morgan Stanley, Redburn Atlantic, and UBS Group in the past 90 days.

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This page (NASDAQ:CTSH) was last updated on 12/9/2023 by MarketBeat.com Staff

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