Cognizant Technology Stock: Is Wall Street Bullish or Bearish?

Company Overview - Cognizant Technology Solutions Corporation (CTSH) has a market cap of $35.3 billion and is a leading global professional services company providing consulting, technology, and outsourcing services with a focus on digital transformation in AI, cloud, IoT, and software engineering [1] Stock Performance - CTSH shares have underperformed the broader market over the past 52 weeks, declining 2.5% compared to a 17.6% gain in the S&P 500 Index [2] - Year-to-date, CTSH shares have decreased by 5.7%, while the S&P 500 has risen by 16.3% [2] - The company's stock has also lagged behind the Technology Select Sector SPDR Fund's return of 30.8% over the same period [3] Recent Financial Performance - On October 29, Cognizant reported Q3 2025 adjusted EPS of $1.39 and revenue of $5.42 billion, exceeding estimates [4] - The company raised its full-year adjusted profit forecast to a range of $5.22 to $5.26 per share and lifted the lower end of its annual revenue outlook to $21.05 billion [4] Analyst Expectations - For the fiscal year ending December 2025, analysts expect CTSH's adjusted EPS to grow 10.5% year-over-year to $5.25 [5] - Cognizant has a promising earnings surprise history, having beaten consensus estimates in the last four quarters [5] - Among 25 analysts covering the stock, the consensus rating is a "Moderate Buy," with seven "Strong Buys," one "Moderate Buy," and 17 "Holds" [5] Price Target and Analyst Ratings - On October 30, JPMorgan raised its price target on Cognizant to $92 while maintaining an "Overweight" rating [7] - The mean price target of $85.28 indicates an 18.2% premium to CTSH's current price levels, while the highest price target of $103 suggests a potential upside of 42.7% [7]