Cognizant Technology Solutions Corporation — Wall Street Analyst Estimates & Price Targets

CTSH

NASDAQTechnologyInformation Technology ServicesCIK 0001058290cognizant.comAbout CTSH

Last close · Oct 16, 202666.03+0.26 (+0.40%)

Market cap$29.7B

6 firms' latest targets, last 90 days: median $64.50 ($51.00–$82.00), 2% below the last close.

Price and published targets

daily close, 12 months · each dot a target, a firm's latest darker

Each firm's latest target

last 90 days · 6 firms

Date	Firm	Target	Previous	Change	Vs price then	Vs price now
2026-08-06	Mizuho Securities	$64.00	$68.00	▼ 6%	+15%	-3%
2026-07-30	Susquehanna	$82.00	$88.00	▼ 7%	+56%	+24%
2026-07-30	Baird	$68.00	$55.00	▲ 24%	+30%	+3%
2026-07-30	Morgan Stanley	$51.00	$44.00	▲ 16%	-2%	-23%
2026-07-27	Guggenheim	$65.00	$100.00	▼ 35%	+43%	-2%
2026-07-24	RBC Capital	$55.00	$47.00	▲ 17%	+28%	-17%

Consensus estimates

revenue and EPS by fiscal year · reported years marked

FY	Revenue	YoY	EPS	YoY	Revenue range	EPS range	Analysts
2022reported	$19.4B	+5%	$4.41	+9%	est. $19.4B+0%	est. $4.42	6
2023reported	$19.4B	+0%	$4.21	-5%	est. $19.3B+0%	est. $4.41	15
2024reported	$19.7B	+2%	$4.51	+7%	est. $19.7B+0%	est. $4.66	15
2025reported	$21.1B	+7%	$4.56	+1%	est. $21.1B+0%	est. $5.19	16
2026	$22.2B	+5%	$5.76	+11%	$22.1B–$22.3B	$5.70–$5.80	22
2027	$23.2B	+5%	$6.33	+10%	$22.9B–$23.5B	$6.20–$6.54	21
2028	$24.4B	+5%	$6.98	+10%	$23.7B–$25.3B	$6.78–$7.29	19
2029	$24.7B	+1%	$6.26	-10%	$24.4B–$25.1B	$6.15–$6.38	9

A reported year shows the company's figures, with the consensus beside it (revenue against it in %). Reported EPS is GAAP diluted; the analysts' EPS usually leaves items such as stock compensation out, so the two are not like for like. Faded: a year the valuation models do not read — they read the first 3, and a later one only while 10 or more analysts cover every year up to it — or one under 5 analysts.

The analysts at a glance

$64.50median target, 2% below the last close

Firms with a target · last 90 days: 6
Lowest – highest target: $51.00 – $82.00
Current grades of 14 firms: positive / neutral / negative: 7 / 7 / 0
Upgrades / downgrades · 12 months: 2 / 1
Consensus revenue growth · next 3 FY: +5% a year

Current grades

each firm's latest · 14 firms

As of	Firm	Grade
2026-10-13	TD Cowen	“Hold”
2026-10-09	Wedbush	“Outperform”
2026-09-18	Deutsche Bank	“Buy”
2026-07-30	Citigroup	“Neutral”
2026-07-30	Susquehanna	“Positive”
2026-07-30	Morgan Stanley	“Equal Weight”
2026-07-30	Wells Fargo	“Overweight”
2026-07-27	Guggenheim	“Buy”
2026-07-24	RBC Capital	“Sector Perform”
2026-07-24	J.P. Morgan	“Overweight”

4 more

2026-07-10	Baird	“Neutral”
2026-05-06	Mizuho	“Neutral”
2026-04-13	UBS	“Neutral”
2025-11-21	William Blair	“Outperform”

Grade changes

last 24 months · 7

Date	Firm	Grade
2026-06-08	Wedbush	“Neutral” → “Outperform” upgrade
2026-04-09	Wedbush	“Outperform” → “Neutral” downgrade
2025-11-21	William Blair	“Market Perform” → “Outperform” upgrade
2025-07-18	Guggenheim	“Neutral” → “Buy” upgrade
2025-05-19	J.P. Morgan	“Neutral” → “Overweight” upgrade
2025-05-01	Susquehanna	“Neutral” → “Positive” upgrade
2024-12-17	Barclays	“Equal Weight” → “Overweight” upgrade

53 older than 24 months

2024-08-07	Bank of America	“Underperform” → “Neutral” upgrade
2024-04-01	Susquehanna	“Positive” → “Neutral” downgrade
2024-01-11	Jefferies	“Hold” → “Buy” upgrade
2024-01-05	Societe Generale	“Hold” → “Sell” downgrade
2024-01-04	Wolfe Research	“Underperform” → “Peer Perform” upgrade
2023-12-14	Barclays	“Underweight” → “Equal Weight” upgrade
2023-10-20	Citigroup	“Neutral” → “Buy” upgrade
2023-08-22	J.P. Morgan	“Underweight” → “Neutral” upgrade
2023-05-05	HSBC	“Hold” → “Buy” upgrade
2023-05-04	RBC Capital	“Sector Perform” → “Perform” revised
2023-02-03	Baird	“Outperform” → “Neutral” downgrade
2023-01-19	MoffettNathanson	“Market Perform” → “Underperform” downgrade
2023-01-09	Bank of America	“Neutral” → “Underperform” downgrade
2023-01-05	Wolfe Research	“Peer Perform” → “Underperform” downgrade
2022-12-15	J.P. Morgan	“Neutral” → “Underweight” downgrade
2022-11-03	William Blair	“Outperform” → “Market Perform” downgrade
2022-11-03	Societe Generale	“Buy” → “Hold” downgrade
2022-11-03	RBC Capital	“Outperform” → “Sector Perform” downgrade
2022-11-03	BMO Capital	“Outperform” → “Market Perform” downgrade
2022-10-21	Bank of America	“Buy” → “Neutral” downgrade
2022-07-28	J.P. Morgan	“Overweight” → “Neutral” downgrade
2022-07-28	TD Cowen	“Outperform” → “Market Perform” downgrade
2022-01-21	UBS	“Sell” → “Neutral” upgrade
2022-01-10	Morgan Stanley	“Overweight” → “Equal Weight” downgrade
2021-07-29	Societe Generale	“Hold” → “Buy” upgrade
2021-07-22	HSBC	“Hold” → “Buy” upgrade
2021-02-05	HSBC	“Buy” → “Hold” downgrade
2021-01-29	Morgan Stanley	“Equal Weight” → “Overweight” upgrade
2021-01-20	William Blair	“Market Perform” → “Outperform” upgrade
2020-12-11	J.P. Morgan	“Neutral” → “Overweight” upgrade
2020-10-29	TD Cowen	“Market Perform” → “Outperform” upgrade
2020-10-13	Susquehanna	“Neutral” → “Positive” upgrade
2020-09-11	Bank of America	“Neutral” → “Buy” upgrade
2020-07-30	J.P. Morgan	“Underweight” → “Neutral” upgrade
2020-07-30	Needham	“Underperform” → “Hold” upgrade
2020-07-16	BMO Capital	“Market Perform” → “Outperform” upgrade
2020-07-16	Wedbush	“Neutral” → “Outperform” upgrade
2020-06-10	Bank of America	“Underperform” → “Neutral” upgrade
2020-05-04	BMO Capital	“Outperform” → “Market Perform” downgrade
2020-03-30	Morgan Stanley	“Underweight” → “Equal Weight” upgrade
2020-01-09	Wells Fargo	“Equal Weight” → “Overweight” upgrade
2020-01-06	Wolfe Research	“Peer Perform” → “Underperform” downgrade
2019-11-22	Needham	“Hold” → “Underperform” downgrade
2019-11-11	Edward Jones	“Hold” → “Buy” upgrade
2019-08-02	UBS	“Neutral” → “Sell” downgrade
2019-07-23	HSBC	“Buy” → “Hold” downgrade
2019-05-10	Argus	“Buy” → “Hold” downgrade
2019-05-03	Wedbush	“Outperform” → “Neutral” downgrade
2019-05-03	Keybanc	“Overweight” → “Sector Weight” downgrade
2019-05-03	Evercore ISI	“Outperform” → “In Line” downgrade
2019-05-03	Goldman Sachs	“Buy” → “Neutral” downgrade
2019-05-03	J.P. Morgan	“Neutral” → “Underweight” downgrade
2019-04-29	Morgan Stanley	“Equal Weight” → “Underweight” downgrade

Targets, grades and estimates are quoted from third parties (via Financial Modeling Prep) and are theirs, not ours; each target links to the report it was published in. A firm counts once, at its latest target or grade.