Guggenheim initiated coverage of Cognizant Tech with a rating of Neutral and set a new price target of $80.00
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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 |
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
Joint study between Cognizant and Oxford Economics predicts AI will drive 46% of consumer transactions in the U.S. by 2030, underscoring the business need to leverage AI to reimagine customer experiences TEANECK, N.J., Jan. 17, 2025 /PRNewswire/ -- Today Cognizant (NASDAQ:CTSH), in collaboration with Oxford Economics, unveiled new insights into how artificial intelligence (AI) is set to revolutionize the consumer purchasing journey by 2030 and drive significant economic impact. The study, New Minds, New Markets, shows that as income and purchasing power increases among 18 to 44-year-old AI enthusiasts, this demographic will command an estimated $4.4 trillion of AI-influenced consumer spendin
New development framework and services fast track multi-agent adoption by enabling interoperability and scalability to transform business processes TEANECK, N.J., Jan. 16, 2025 /PRNewswire/ -- Cognizant (NASDAQ:CTSH) has announced its Neuro® AI Multi-Agent Accelerator and Multi-Agent Service Suite. These new offerings accelerate the development and adoption of AI agents, helping empower businesses to transform their business processes using AI agents for adaptive operations, real-time decision-making, and personalized customer experiences - to support all facets of business, from IT and finance to sales and marketing.
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:
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)
4 - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Issuer)
4 - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Issuer)
4 - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Issuer)
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
10-Q - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Filer)
8-K - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Filer)
8-K/A - COGNIZANT TECHNOLOGY SOLUTIONS CORP (0001058290) (Filer)
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,
TEANECK, N.J., Oct. 9, 2024 /PRNewswire/ -- Cognizant (NASDAQ:CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the third quarter of 2024 on Wednesday, October 30, 2024 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: C