Cognizant Stock Rallies on Strong AI Push, Expanding Clientele
Key Takeaways CTSH shares jumped 19% in 3 months, outperforming sector peers on AI-driven enterprise expansion.Cognizant has signed 16 large deals YTD, with TCV of major contracts up 40% y/y.CTSH projects 2025 revenues to rise 6.6-6.9% and EPS of $5.22-$5.26, with positive estimate revisions.Cognizant Technology Solutions (CTSH) shares have rallied 19% in the past three months, outperforming the Zacks Computers IT Services industry’s decline of 3.6% and the broader Zacks Computer and Technology sector’s app ...