Royal Bank Of Canada Issues Positive Forecast for Cognizant Technology Solutions (NASDAQ:CTSH) Stock Price

Cognizant Technology Solutions (NASDAQ:CTSH) had its price target hoisted by Royal Bank Of Canada from $47.00 to $55.00 in a report published on Friday morning,Benzinga reports. They currently have a sector perform rating on the information technology service provider’s stock.

CTSH has been the subject of a number of other research reports. Mizuho set a $64.00 price objective on Cognizant Technology Solutions in a research report on Thursday, August 6th. Citigroup reiterated a “neutral” rating on shares of Cognizant Technology Solutions in a research report on Monday, October 19th. Wells Fargo & Company raised their price target on Cognizant Technology Solutions from $67.00 to $77.00 and gave the stock an “overweight” rating in a research note on Monday, October 26th. Susquehanna set a $82.00 price target on Cognizant Technology Solutions and gave the company a “positive” rating in a report on Thursday, July 30th. Finally, Guggenheim reaffirmed a “buy” rating and set a $80.00 price objective (up from $65.00) on shares of Cognizant Technology Solutions in a research note on Tuesday. Ten analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat, Cognizant Technology Solutions presently has a consensus rating of “Hold” and an average price target of $67.96.

Cognizant Technology Solutions Price Performance

NASDAQ:CTSH opened at $65.11 on Friday. Cognizant Technology Solutions has a 12-month low of $37.08 and a 12-month high of $87.03. The firm has a market cap of $29.33 billion, a price-to-earnings ratio of 11.88, a price-to-earnings-growth ratio of 1.17 and a beta of 0.86. The company’s 50-day moving average is $62.20 and its two-hundred day moving average is $59.29. The company has a current ratio of 2.22, a quick ratio of 2.18 and a debt-to-equity ratio of 0.11.

Cognizant Technology Solutions (NASDAQ:CTSH) last issued its quarterly earnings results on Thursday, October 29th. The information technology service provider reported $1.49 EPS for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. The business had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.64 billion. Cognizant Technology Solutions had a net margin of 11.75% and a return on equity of 17.72%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.39 earnings per share. Research analysts expect that Cognizant Technology Solutions will post 5.75 EPS for the current year.

Cognizant Technology Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 13th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, November 13th. Cognizant Technology Solutions’s dividend payout ratio is presently 24.09%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Marquette Asset Management LLC increased its position in shares of Cognizant Technology Solutions by 183.9% during the third quarter. Marquette Asset Management LLC now owns 545 shares of the information technology service provider’s stock worth $31,000 after acquiring an additional 353 shares during the last quarter. Signature Equity Partners LLC boosted its holdings in Cognizant Technology Solutions by 102.4% in the first quarter. Signature Equity Partners LLC now owns 599 shares of the information technology service provider’s stock valued at $37,000 after purchasing an additional 303 shares during the last quarter. Pension & Wealth Management Advisors Inc. acquired a new stake in Cognizant Technology Solutions during the 3rd quarter valued at approximately $35,000. Alpine Bank Wealth Management acquired a new stake in Cognizant Technology Solutions during the 3rd quarter valued at approximately $38,000. Finally, Salomon & Ludwin LLC acquired a new stake in Cognizant Technology Solutions during the 3rd quarter valued at approximately $40,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

Cognizant Technology Solutions News Roundup

Here are the key news stories impacting Cognizant Technology Solutions this week:

• Positive Sentiment: Third-quarter earnings exceeded expectations. Adjusted EPS was $1.49 versus the $1.46 consensus, while revenue reached $5.66 billion, slightly above estimates and 4.6% higher year over year. Adjusted operating margin expanded to 16.3%, and free cash flow totaled $1.58 billion. Cognizant Reports Third Quarter 2026 Results
• Positive Sentiment: Cognizant is scaling its OpenAI business. The company created an OpenAI Frontier Capability Group with more than 25,000 professionals to deliver products such as ChatGPT and Codex. The initiative could support future demand as enterprises move generative AI into production, although no immediate revenue impact was provided. Cognizant OpenAI announcement
• Positive Sentiment: Shareholder returns remain supportive. Cognizant declared a quarterly dividend of $0.33 per share and repurchased approximately $258 million of stock during the quarter.
• Neutral Sentiment: Analyst views are mixed. Morgan Stanley lowered its price target to $68 and maintained an “equal weight” rating, while RBC raised its target to $55 but kept a “sector perform” rating.
• Negative Sentiment: Bookings raised concerns about future growth. Third-quarter bookings declined 7% year over year, and roughly four percentage points of reported revenue growth came from acquisitions and resold products, implying slower underlying growth. Cognizant bookings and AI analysis
• Negative Sentiment: 2026 guidance was narrowed to a modest growth range. Cognizant now expects constant-currency revenue growth of 4.0% to 4.4%, while ETFs were reported as net sellers, adding near-term trading pressure.

About Cognizant Technology Solutions

Cognizant Technology Solutions Corporation is a global information technology services and consulting company that helps organizations modernize their technology infrastructure, operations and customer experiences. The company serves businesses across industries including financial services, healthcare, life sciences, manufacturing, retail and communications.

Cognizant’s services include consulting, application development and modernization, cloud computing, data and artificial intelligence, digital engineering, cybersecurity and business process services.