Cognizant Technology Solutions Corporation (CTSH) Stock Price & Analysis
Cognizant Technology Solutions Corporation (CTSH) is trading at USD 70.73, down 4.06% today, as of October 23, 2026 at 15:44 UTC (US market open; quotes may be delayed), according to Nexqual market data.
CTSH last closed at USD 73.72; today's session has ranged USD 69.62–72.83 on volume of 2,089,086 shares. Market capitalization is $31.86B, with a 52-week range of USD 37.08–87.03 (NMS). Source: Nexqual, retrieved October 23, 2026 at 15:44 UTC.
Also available as compact Markdown for AI agents: nexqual.com/CTSH.md
Key facts (CTSH)
- Last four reported quarters (through Jun 30, 2026): revenue $21.6B, net income $2.22B (10.3% margin), free cash flow $2.60B (SEC filings).
- Valuation: P/E 14.4x (avg 17.7x at the last 3 fiscal year-ends), EV/EBITDA 8.1x, net debt $509M.
- 6 of 80 tracked superinvestors hold CTSH (13F, Q2 2026): 1 new, 3 added, 2 reduced, 0 unchanged.
- Analysts: Buy (mean 2.45 on a 1–5 scale) (29 analysts), mean target USD 66.66 (range 47–93).
- Total return with dividends: 1Y +6.3% vs S&P 500 +14.8%; 5Y -1.3% vs S&P 500 +77.6%.
- Next earnings: 2026-10-29, EPS estimate USD 1.46, revenue estimate $5.65B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (CTSH)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $18.5B | $19.4B | $19.4B | $19.7B | $21.1B | $21.6B |
| Operating income | $2.83B | $2.97B | $2.69B | $2.89B | $3.39B | $3.44B |
| Net income | $2.14B | $2.29B | $2.13B | $2.24B | $2.23B | $2.22B |
| EPS (diluted) | $4.05 | $4.41 | $4.21 | $4.51 | $4.56 | — |
| Free cash flow | $2.22B | $2.24B | $2.01B | $1.83B | $2.60B | $2.60B |
| Operating margin | 15.3% | 15.3% | 13.9% | 14.7% | 16.1% | 15.9% |
| Net margin | 11.5% | 11.8% | 11.0% | 11.3% | 10.6% | 10.3% |
| Revenue growth | +11.1% | +5.0% | -0.4% | +2.0% | +7.0% | — |
| Cash + short-term investments | $2.72B | $2.50B | $2.63B | $2.24B | $1.91B | — |
| Total debt | $664M | $646M | $639M | $908M | $576M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (CTSH)
P/E 14.4x · P/S 1.5x · EV/EBITDA 8.1x · EV/Sales 1.5x · P/FCF 12.3x · P/B 2.2x · FCF yield 8.16% · Earnings yield 6.97% · Dividend yield (paid, TTM) 1.94% · Buyback yield (TTM) 7.56% · Net debt $509M · EV $32.4B
P/E at fiscal year-ends: Dec 2025 18.2x, Dec 2024 17.1x, Dec 2023 17.9x.
Superinvestors (SEC 13F-HR, Q2 2026) (CTSH)
6 of 80 tracked investors hold CTSH. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Richard Pzena | Pzena Investment Management | 3.02% | $1.03B | Added +30.9% |
| Christopher Bloomstran | Semper Augustus | 1.65% | $14.6M | New position |
| Yacktman Asset Management | 1.51% | $122M | Added +4.7% | |
| Dodge & Cox Funds | Dodge & Cox | 0.29% | $563M | Added +1.9% |
| Sarah Ketterer | Causeway Capital Management | 0.21% | $19.2M | Reduced -67.1% |
| Jensen Investment Management | 0.10% | $4.0M | Reduced -2.4% |
Analysts (CTSH)
Consensus Buy (mean 2.45 on a 1–5 scale), 29 analysts; mean target USD 66.66 (low 47, high 93).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | TD Cowen | Target raised | Hold | $54 → $60 |
| 2026-10-09 | Wedbush | Reiterated | Outperform | $70 |
| 2026-10-02 | Wedbush | Reiterated | Outperform | $70 |
| 2026-09-18 | Deutsche Bank | Target raised | Buy | $65 → $70 |
| 2026-09-18 | TD Cowen | Reiterated | Hold | $54 |
| 2026-07-30 | Citigroup | Target raised | Neutral | $45 → $60 |
| 2026-07-30 | Susquehanna | Target lowered | Positive | $88 → $82 |
| 2026-07-30 | Morgan Stanley | Target raised | Equal-Weight | $44 → $51 |
| 2026-07-30 | TD Cowen | Target raised | Hold | $47 → $54 |
| 2026-07-30 | Wells Fargo | Target raised | Overweight | $61 → $67 |
| 2026-07-27 | Guggenheim | Target lowered | Buy | $80 → $65 |
| 2026-07-24 | JP Morgan | Target lowered | Overweight | $74 → $55 |
Total return (dividends reinvested) (CTSH)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +6.3% | -1.3% |
| S&P 500 (SPY) | +14.8% | +77.6% |
| Per year | +6.3% | -0.3% |
| Volatility (annualized) | 42.9% | 31.3% |
| Max drawdown | -54.8% (Jan 2026→Jun 2026) | -54.6% (Feb 2025→Jun 2026) |
CTSH revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Financial Services | $1.73B | 31.6% | +12.0% |
| Healthcare | $1.57B | 28.7% | +1.4% |
| Products and Resources | $1.32B | 24.1% | +1.2% |
| Communications, Media and Technology | $854.0M | 15.6% | +1.5% |
| Total revenue | $5.48B | 100% | — |
CTSH revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Consulting And Technology Services | $925.0M | 16.9% | +1.9% |
| Outsourcing Services | $647.0M | 11.8% | +0.6% |
| Total revenue | $5.48B | 100% | — |
CTSH revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| North America | $4.13B | 75.3% | +5.5% |
| Europe | $1.03B | 18.7% | +2.5% |
| — Europe, excluding United Kingdom (part of Europe) | $535.0M | 9.8% | +2.9% |
| — United Kingdom (part of Europe) | $492.0M | 9.0% | +2.1% |
| Rest of World | $327.0M | 6.0% | -1.2% |
| Total revenue | $5.48B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
CTSH suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Alphabet (Google) (GOOGL) | “We work closely with partners including Amazon Web Services, Cisco, Google, Microsoft, Oracle, Pegasystems, Salesforce, SAP, ServiceNow, Workday and many others.” |
| Partner | Microsoft (MSFT) | “We work closely with partners including Amazon Web Services, Cisco, Google, Microsoft, Oracle, Pegasystems, Salesforce, SAP, ServiceNow, Workday and many others.” |
| Partner | Oracle (ORCL) | “We work closely with partners including Amazon Web Services, Cisco, Google, Microsoft, Oracle, Pegasystems, Salesforce, SAP, ServiceNow, Workday and many others.” |
| Partner | ServiceNow (NOW) | “We work closely with partners including Amazon Web Services, Cisco, Google, Microsoft, Oracle, Pegasystems, Salesforce, SAP, ServiceNow, Workday and many others.” |
| Partner | Amazon (AMZN) | “We work closely with partners including Amazon Web Services, Cisco, Google, Microsoft, Oracle, Pegasystems, Salesforce, SAP, ServiceNow, Workday and many others.” |
| Partner | Cisco (CSCO) | “We work closely with partners including Amazon Web Services, Cisco, Google, Microsoft, Oracle, Pegasystems, Salesforce, SAP, ServiceNow, Workday and many others.” |
| Partner | Salesforce (CRM) | “We work closely with partners including Amazon Web Services, Cisco, Google, Microsoft, Oracle, Pegasystems, Salesforce, SAP, ServiceNow, Workday and many others.” |
| Partner | SAP (SAP) | “We work closely with partners including Amazon Web Services, Cisco, Google, Microsoft, Oracle, Pegasystems, Salesforce, SAP, ServiceNow, Workday and many others.” |
| Partner | Anthropic | “–In addition to our deep institutional learning expertise, we provide cutting edge training through alliances and partnerships with leading organizations, such as Google, Microsoft, Anthropic and NVIDIA.” |
| Partner | NVIDIA (NVDA) | “–In addition to our deep institutional learning expertise, we provide cutting edge training through alliances and partnerships with leading organizations, such as Google, Microsoft, Anthropic and NVIDIA.” |
| Competitor | Accenture (ACN) | “Our direct competitors include, among others, Accenture, Atos, Capgemini, CGI, Deloitte Digital, DXC Technology, EPAM Systems, Genpact, HCL Technologies, IBM Consulting, Infosys Technologies, Tata Consultancy Services and Wipro.” |
| Competitor | IBM (IBM) | “Our direct competitors include, among others, Accenture, Atos, Capgemini, CGI, Deloitte Digital, DXC Technology, EPAM Systems, Genpact, HCL Technologies, IBM Consulting, Infosys Technologies, Tata Consultancy Services and Wipro.” |
Quoted from the company's 10-K filed Feb 12, 2026.
Companies that name CTSH in their SEC reports
| Relationship to CTSH | Company | Filing | Sentence |
|---|---|---|---|
| partner | ACI WORLDWIDE, INC. (ACIW) | 10-K Feb 26, 2026 | “In addition, we work with a limited number of systems integration and services partners such as Concerto, Opus Technologies, Synechron, and Cognizant Technology Solutions Corporation, for staff augmentation and coordinated co-prime delivery where appropriate.” |
CTSH analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.46 | $1.46 | -0.0% | $5.65B | 23 |
| Next quarter (ends Dec 2026) | $1.53 | $1.46 | +4.2% | $5.65B | 22 |
| Current fiscal year (ends Dec 2026) | $5.76 | $5.71 | +0.8% | $22.20B | 27 |
| Next fiscal year (ends Dec 2027) | $6.34 | $6.19 | +2.5% | $23.24B | 27 |
CTSH options: expected move
Options price a move of about ±12.1% (±$8.55) by Nov 20, 2026, which includes earnings on Oct 29, 2026. Over the last 8 reports the stock moved ±4.1% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 54.3% | ±12.1% |
| Dec 18, 2026 | 56 | 47.7% | ±14.9% |
| Jan 15, 2027 | 84 | 45.4% | ±17.3% |
| Mar 19, 2027 | 147 | 44.5% | ±22.2% |
| Apr 16, 2027 | 175 | 44.6% | ±24.3% |
| Jun 17, 2027 | 237 | 45.1% | ±28.4% |
| Sep 17, 2027 | 329 | 44.2% | ±32.5% |
30-day implied volatility 54.1% vs 46.4% realized over the last 30 trading days. Put/call ratio (volume) 0.84. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 15:44 UTC)
| Price | USD 70.73 |
|---|---|
| Change | ▼ 4.06% (down) |
| Previous Close | USD 73.72 |
| Open | USD 72.77 |
| Day Range | USD 69.62 – 72.83 |
| 52-Week Range | USD 37.08 – 87.03 |
| Volume | 2,089,086 shares |
| Market Cap | $31.86B |
| Exchange | NMS |
Technical Analysis (CTSH)
Nexqual's technical model rates CTSH "BUY" based on 5 bullish and 1 bearish signals across 128 daily candles, as of October 23, 2026 at 15:44 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 67.94 (neutral) |
| vs SMA50 | Above (USD 61.52) |
| MACD | 3.01 (positive) |
Analyst Ratings (CTSH)
Wall Street analysts rate CTSH "Buy" based on 29 analysts, with a mean price target of USD 66.66 (range USD 47–93), per Nexqual as of October 23, 2026 at 15:44 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 29 |
| Mean Target | USD 66.66 |
| High Target | USD 93 |
| Low Target | USD 47 |
| Buy / Hold / Sell | 13 / 16 / 0 |
Earnings (CTSH)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 1.46 |
| Revenue Estimate | $5.65B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.37 vs est 1.38 ▼ miss |
| 2026-03-31 | USD 1.4 vs est 1.33 ▲ beat |
| 2025-12-31 | USD 1.35 vs est 1.32 ▲ beat |
| 2025-09-30 | USD 1.39 vs est 1.3 ▲ beat |
Source: Nexqual, October 23, 2026 at 15:44 UTC.
Financials & Fundamentals (CTSH)
| Total Revenue | $21.64B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +4.50% |
| Gross Margin | +33.44% |
| Operating Margin | +17.48% |
| Profit Margin | +10.26% |
| ROE | +14.92% |
| Debt / Equity | 0.14 |
| Current Ratio | 2.18 |
| Total Cash | $1.05B |
| Total Debt | $2.09B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $2.60B (12.0% of revenue) |
Source: Nexqual, October 23, 2026 at 15:44 UTC.
Financial Health Score (CTSH)
Nexqual rates Cognizant Technology Solutions Corporation's overall financial health "Solid" across five dimensions, as of October 23, 2026 at 15:44 UTC.
| Growth | Solid — Revenue +7% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 33%, operating 17% (last 12 months) |
| Balance Sheet | Strong — $1.05B cash and investments vs $1.56B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $2.60B (last 4 quarters to Jun 2026, SEC), 12% margin |
| Efficiency | Mixed — ROE 15%, ROA 10.7% |
Ownership (CTSH)
| Insider Ownership | +0.14% |
|---|---|
| Institutional Ownership | +116.08% |
| Shares Outstanding | 450.44M |
| Float | 449.14M |
| Short % of Float | +7.35% |
Source: Nexqual, October 23, 2026 at 15:44 UTC.
Leadership (CTSH)
Cognizant Technology Solutions Corporation is led by Ravi Kumar Singisetti, CEO & Director, per Nexqual as of October 23, 2026 at 15:44 UTC.
| CEO & Director | Ravi Kumar Singisetti |
|---|---|
| Chief Financial Officer | Jatin Pravinchandra Dalal C.F.A. |
| President of Asia Pacific & Japan and Industry Solutions Group | Balu Ganesh Ayyar |
| President of Americas | Surya Gummadi |
| President of Operations & CMD of Cognizant India | Rajesh Varrier |
Major Backers & Investors (CTSH)
Notable institutional backers of Cognizant Technology Solutions Corporation include Pzena Investment Management LLC, Invesco, JPMorgan, according to Nexqual as of October 23, 2026 at 15:44 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Pzena Investment Management LLC | 5.89% |
| Invesco | 4.03% |
| JPMorgan | 3.32% |
| Dodge & Cox Inc. | 3.23% |
| FIL LTD | 2.13% |
| Fidelity | 1.37% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 12.68% |
| BlackRock | 10.25% |
| State Street | 5.62% |
| Geode Capital | 3.3% |
Source: Nexqual, October 23, 2026 at 15:44 UTC.
From Cognizant Technology Solutions Corporation's Latest SEC 10-K Filing (filed 2026-02-12)
Key Strengths & Strategy (as disclosed to the SEC)
- We work closely with partners including Amazon Web Services, Cisco, Google, Microsoft, Oracle, Pegasystems, Salesforce, SAP, ServiceNow, Workday and many others.
- Counsel for WNS Global Services from July 2009 to June 2011 and held a variety of leadership roles at Cendant Travel Distribution Services (now known as Travelport) from January 2001 to June 2006, including General Counsel and Chief Compliance Officer.
- Varrier held a number of positions at Infosys, an Indian multinational technology company, including serving as EVP, Global Head of Services from November 2023 to April 2024, EVP, Head of Operations Infosys Americas and Global Head of Digital Experience and Microsoft Practice from June 2023 to October 2023 and SVP, Global Head of Digital Experience and Microsoft Practice from April 2018 to June 2023.
- Leveraging a wide range of technologies across our clients' enterprises, together with our proprietary platforms and accelerators and those of our ecosystem partners, we help clients implement and operate AI solutions with integration, governance, security and monitoring controls.
Partnerships
- Central to our strategy to align with our clients' need for continuous transformation is our sustained investment in new technologies, including GenAI and agentic systems, cloud, data modernization, automation, digital engineering and IoT.
Legal & Regulatory Risks (Item 1A, quoted)
- We are subject to numerous and evolving legal and regulatory requirements and client expectations in the many jurisdictions in which we operate, and violations of, unfavorable changes in or an inability to meet such requirements or expectations could harm our business.
- We commit significant financial and managerial resources to comply with our internal control over financial reporting requirements, but we have in the past identified and may in the future identify material weaknesses or significant deficiencies in our internal control over financial reporting that cause us to incur incremental remediation costs in order to maintain adequate controls.
- Changes in tax laws or in their interpretation or enforcement, failure by us to adapt our corporate structure and intercompany arrangements or adverse outcomes of tax audits, investigations or proceedings could have a material adverse effect on our effective tax rate, results of operations and financial condition.
- Our worldwide effective income tax rate may increase or our financial condition may be materially impacted as a result of developments, changes in interpretations and assumptions made, additional guidance that may be issued and ongoing and future actions the Company has or may take with respect to our corporate structure and intercompany arrangements.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| FISV | Fiserv, Inc. | USD 49.41 | ▼ 2.77% |
| WIT | Wipro Limited | USD 2.12 | ▼ 3.42% |
| BR | Broadridge Financial Solutions, | USD 183.91 | ▼ 1.19% |
| INFY | Infosys Limited | USD 12.61 | ▼ 4.61% |
| CDW | CDW Corporation | USD 163.27 | ▼ 0.82% |
| FIS | Fidelity National Information S | USD 37.23 | ▼ 2.77% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 15:44 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt