Societe Generale downgraded Cognizant Tech from Hold to Sell and set a new price target of $67.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/17/2024 | $80.00 → $95.00 | Equal Weight → Overweight | Barclays |
| 8/28/2024 | $90.00 | Buy | Jefferies |
| 8/7/2024 | $73.00 → $75.00 | Underperform → Neutral | BofA Securities |
| 6/24/2024 | $72.00 | Neutral | Goldman |
| 4/1/2024 | $87.00 → $80.00 | Positive → Neutral | Susquehanna |
| 3/19/2024 | $80.00 | Neutral | Guggenheim |
| 1/30/2024 | $82.00 | Neutral | Mizuho |
| 1/5/2024 | $67.00 | Hold → Sell | Societe Generale |
Barclays upgraded Cognizant Tech from Equal Weight to Overweight and set a new price target of $95.00 from $80.00 previously
Jefferies resumed coverage of Cognizant Tech with a rating of Buy and set a new price target of $90.00
BofA Securities upgraded Cognizant Tech from Underperform to Neutral and set a new price target of $75.00 from $73.00 previously
Industry veteran brings 30 years of service, operations and digital experience to the role TEANECK, N.J., Aug. 21, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced the appointment of Rajesh Varrier as Global Head of Operations, effective September 2, 2024. Additionally, he will be appointed as Chairman & Managing Director, India, assuming the role October 1, 2024, as Rajesh Nambiar leaves Cognizant to become president of NASSCOM. Varrier will be an Executive Vice President of Cognizant, reporting to Ravi Kumar S, Cognizant's Chief Executive Officer. Varrier will be based in Bangalore, India.
Silvent brings significant experience in human resources, talent management, public policy and government affairs TEANECK, N.J., July 11, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) today announced the appointment of Karima Silvent to its Board of Directors (the "Board") as an independent director, effective immediately. In connection with Ms. Silvent's appointment, Cognizant's Board has expanded to 13 members, 12 of whom are independent. Ms. Silvent currently serves as Group Chief Human Resources Officer and a member of the Management Committee of AXA, a French multinationa
Congruent Solutions, a leading provider of Software-as-a-Service (SaaS) and outsourced plan administration services to the retirement industry in the U.S., today announced the appointment of Mahesh Natarajan as its Chief Revenue Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240424370676/en/Mahesh Natarajan, CRO, Congruent Solutions (Photo: Business Wire) Natarajan is an acknowledged techno-business leader in the insurance and retirement industry, having spent over 25 years with Cognizant (NASDAQ:CTSH), serving clients in the U.S. In this newly created role, Natarajan will be responsible for strengthening strategic rela
Fourth quarter revenue of $5.1 billion increased 6.8% year-over-year or 6.7% in constant currency1, at the high end of our guidance rangeFull-year revenue of $19.7 billion increased 2.0% year-over-year or 1.9% in constant currencyFull-year operating margin of 14.7% increased 80 basis points year-over-year; Adjusted Operating Margin1 of 15.3% increased 20 basis points year-over-yearTrailing 12-month bookings of $27.1 billion, up 3% year-over-year, driven by 11% year-over-year fourth quarter bookings growth$1.2 billion returned to shareholders through share repurchases and dividends in 2024Cash dividend increased 3% to $0.31 per share for Q1 20252025 revenue growth guidance of 3.5% to 6.0% in
TEANECK, N.J., Jan. 15, 2025 /PRNewswire/ -- Cognizant (NASDAQ:CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the fourth quarter of 2024 on Wednesday, February 5, 2025 after market close. Following the release, Cognizant management will conduct a conference call at 5:00 p.m. (Eastern) to discuss operating performance for the quarter. To participate in the conference call, domestic callers can dial 877-810-9510 and international callers can dial 201-493-6778 and provide the following conference passcode:
Revenue of $5.0 billion, increased 3.0% year-over-year or 2.7% in constant currency1, the high end of our guidance rangesOperating margin of 14.6%, sequentially flat and increased 60 basis points year-over-year; year-to-date operating margin of 14.6%, increased 110 basis points year-over-yearAdjusted Operating Margin1 of 15.3%, increased 10 basis points sequentially and decreased 20 basis points year-over-year; year-to-date Adjusted Operating Margin of 15.2%, increased 40 basis points year-over-yearTrailing 12-month bookings of $26.2 billion; book-to-bill of 1.3xStrong growth in Health Sciences, up 7.8% year-over-year or 7.6% in constant currency, and return to growth in Financial Services,
4 - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Issuer)
4 - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Issuer)
4 - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Issuer)
8-K - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Filer)
10-K - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Filer)
8-K - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Filer)
Board approves $2 billion increase to share repurchase authorization Company adds $500 million to 2025 share repurchase plan, bringing expected total to $1.1 billionTEANECK, N.J., March 25, 2025 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) will today host an Investor Day, beginning at 1:00 p.m. ET. At the event, members of Cognizant's executive leadership team will outline the Company's progress against its strategic priorities and unveil its long-term growth strategy. Participants will also have an opportunity to hear from top clients and partners about Cognizant's differentiated capabilities supporting their AI journeys, and to experience demonstrations of several of Cognizant's AI-enabled pla
Cognizant will offer solutions across key growth areas, including enterprise AI agents, tailored industry large language models and infrastructure with NVIDIA AI. TEANECK, N.J., March 25, 2025 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) announced advancements built on NVIDIA AI aimed at accelerating the cross-industry adoption of AI technology in five key areas: enterprise AI agents, industry-specific large language models (LLMs), digital twins for smart manufacturing, foundational infrastructure for AI, and the capabilities of Cognizant's Neuro® AI platform to integrate NVIDIA AI technology and orchestrate across the enterprise technology stack.
Annual recognition honors organizations committed to business integrity through robust ethics, compliance, and governance programs TEANECK, N.J., March 11, 2025 /PRNewswire/ -- Cognizant (NASDAQ:CTSH), today announced that it has received the 2025 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This prestigious award honors companies that demonstrate a commitment to ethical business practices through robust programs that positively impact employees, communities, and broader stakeholders as well as contributing to sustainable, long-term business growth.
SC 13G/A - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Subject)
SC 13G/A - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Subject)
SC 13G - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Subject)