CI&T (NYSE:CINT – Get Free Report) had its target price decreased by TD Cowen from $6.00 to $5.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s price target indicates a potential upside of 43.06% from the stock’s current price.
CINT has been the topic of a number of other reports. Weiss Ratings lowered CI&T from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, June 29th. Wall Street Zen downgraded CI&T from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. Wedbush lowered CI&T from an “outperform” rating to a “neutral” rating and reduced their price objective for the stock from $7.00 to $4.00 in a research note on Tuesday, July 21st. UBS Group decreased their target price on CI&T from $7.20 to $6.20 and set a “buy” rating on the stock in a report on Wednesday. Finally, Zacks Research lowered CI&T from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 28th. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $6.08.
View Our Latest Report on CINT
CI&T Price Performance
CI&T (NYSE:CINT – Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.02). The firm had revenue of $142.82 million for the quarter, compared to the consensus estimate of $140.05 million. CI&T had a return on equity of 13.19% and a net margin of 7.90%. Equities analysts expect that CI&T will post 0.32 EPS for the current fiscal year.
Hedge Funds Weigh In On CI&T
Several hedge funds have recently added to or reduced their stakes in the company. Franklin Resources Inc. bought a new stake in CI&T during the 3rd quarter worth about $56,000. Russell Investments Group Ltd. boosted its stake in shares of CI&T by 176.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 11,684 shares of the company’s stock valued at $67,000 after purchasing an additional 7,456 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of CI&T during the 1st quarter worth approximately $60,000. Centiva Capital LP acquired a new stake in shares of CI&T during the 3rd quarter worth approximately $72,000. Finally, RPO LLC bought a new stake in shares of CI&T during the fourth quarter worth approximately $60,000. Institutional investors own 92.45% of the company’s stock.
More CI&T News
Here are the key news stories impacting CI&T this week:
- Positive Sentiment: CI&T reported 21.9% organic revenue growth in the second quarter, supported by momentum across geographies, industries and its client base. Revenue totaled approximately $142.8 million, exceeding the $140.1 million consensus estimate. CI&T Reports 21.9% Organic Revenue Growth in 2Q26
- Positive Sentiment: UBS lowered its price target from $7.20 to $6.20 but maintained a Buy rating. The revised target still implies substantial potential upside from the recent share price, signaling that UBS views the selloff as excessive relative to CI&T’s growth prospects. UBS price target update
- Neutral Sentiment: Full-year revenue guidance of $565.5 million to $577.8 million brackets the $570.0 million analyst consensus, suggesting management’s outlook is broadly in line with expectations. The available update did not provide a specific third-quarter or full-year EPS figure. CI&T earnings report
- Negative Sentiment: Second-quarter adjusted earnings were $0.07 per share, below the $0.09-$0.10 consensus estimate and unchanged from the year-ago period. The earnings miss indicates that strong sales growth has not yet translated into equivalent bottom-line expansion. CI&T Q2 Earnings Miss Estimates
- Negative Sentiment: The UBS price-target reduction may pressure sentiment despite the retained Buy rating, particularly because CINT trades well below its 50-day and 200-day moving averages and remains close to its 12-month low.
CI&T Company Profile
CI&T Inc (NYSE:CINT) is a global digital solutions and technology services provider specializing in end-to-end digital transformation. The company partners with clients across industries such as financial services, retail, healthcare and technology to deliver tailored software products, agile development practices and customer-centric design. Its core offerings include digital strategy consulting, user experience and interface design, cloud-native application development, data engineering and full-cycle product lifecycle management.
Leveraging a proprietary agile framework, CI&T helps organizations accelerate time-to-market and improve operational efficiency through continuous delivery and DevOps automation.
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