What Are Wall Street Analysts' Target Price for Cognizant Technology Stock?

Core Viewpoint - Cognizant Technology Solutions Corporation (CTSH) is experiencing a mixed performance in the market, with recent positive earnings results and a strong growth strategy in AI-driven solutions, but overall stock performance has lagged behind broader market indices [1][2][4]. Company Overview - Cognizant has a market capitalization of $40.9 billion and provides consulting, technology, and outsourcing services globally, focusing on industries such as financial services, healthcare, manufacturing, and communications [1]. Stock Performance - Over the past 52 weeks, CTSH stock has returned 2.9%, significantly underperforming the S&P 500 Index, which gained 15% during the same period [2]. - Year-to-date, CTSH shares have risen marginally, while the S&P 500 has increased by 1.9% [2]. - The stock has also underperformed compared to the State Street Technology Select Sector SPDR ETF (XLK), which surged by 27.7% over the past year [3]. Recent Earnings and Forecast - On October 29, 2025, 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]. - Analysts expect CTSH's adjusted EPS for the fiscal year ending December 2025 to increase by 10.5% year-over-year to $5.25 [5]. Analyst Ratings - Among 25 analysts covering CTSH, the consensus rating is a "Moderate Buy," consisting of 10 "Strong Buys," one "Moderate Buy," and 14 "Holds" [5]. - The current analyst configuration is more bullish than three months ago, with seven "Strong Buy" ratings on the stock [6]. - Susquehanna analyst James Friedman raised Cognizant's price target to $98 while maintaining a "Positive" rating [7].