CTSH stock icon

Cognizant
CTSH

$74.70
1.45%

Market Cap: 37.1B

 

About: Cognizant is a global IT services provider, offering consulting and outsourcing services to some of the world's largest enterprises spanning the financial services, media and communications, healthcare, natural resources, and consumer products industries. Cognizant employs nearly 300,000 people globally, roughly 70% of whom are in India, although the company's headquarters are in Teaneck, New Jersey.

Employees: 344,400

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 16 analysts
0
News positive %
of 16 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

25% more funds holding in top 10

Funds holding in top 10: 8 [Q4 2023] → 10 (+2) [Q1 2024]

0% more call options, than puts

Call options by funds: $245M | Put options by funds: $245M

0% more funds holding

Funds holding: 889 [Q4 2023] → 889 (+0) [Q1 2024]

0% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 93

0.03% less ownership

Funds ownership: 91.61% [Q4 2023] → 91.58% (-0.03%) [Q1 2024]

4% less capital invested

Capital invested by funds: $34.7B [Q4 2023] → $33.3B (-$1.36B) [Q1 2024]

14% less repeat investments, than reductions

Existing positions increased: 301 | Existing positions reduced: 351

Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$70
6%
downside
Avg. target
$79
5%
upside
High target
$85
14%
upside

16 analyst ratings

positive
13%
14 neutral
88%
negative
0%
Goldman Sachs
James Schneider
4%downside
$72
Neutral
Initiated
24 Jun 2024
Mizuho
Dan Dolev
10%upside
$82
Neutral
Maintained
11 Jun 2024
JP Morgan
Tien-Tsin Huang
1%downside
$74
Neutral
Maintained
2 May 2024
BMO Capital
Keith Bachman
4%upside
$78
Market Perform
Maintained
2 May 2024
Wedbush
Moshe Katri
14%upside
$85
Outperform
Reiterated
2 May 2024

Financial journalist opinion

Based on 16 articles about CTSH published over the past 30 days