On May 1, 2025, analyst Mayank Tandon from Needham reaffirmed their stance on Cognizant Technology Solutions (CTSH, Financial), maintaining a "Hold" rating. This reiteration comes as part of Needham's continuous evaluation of the stock, emphasizing a consistent outlook on CTSH without any changes in the price target.
The decision to sustain the "Hold" rating indicates that investors are advised to maintain their existing positions in Cognizant Technology Solutions (CTSH, Financial) without making significant adjustments, as per Needham's analysis.
The "Hold" rating suggests a balanced view on CTSH, reflecting its current market performance and potential future outlook. Investors keeping track of Cognizant Technology Solutions (CTSH, Financial) can consider this affirmation as a marker for stability in its stock performance according to Needham's evaluation.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Cognizant Technology Solutions Corp (CTSH, Financial) is $85.84 with a high estimate of $103.00 and a low estimate of $76.00. The average target implies an upside of 11.55% from the current price of $76.95. More detailed estimate data can be found on the Cognizant Technology Solutions Corp (CTSH) Forecast page.
Based on the consensus recommendation from 27 brokerage firms, Cognizant Technology Solutions Corp's (CTSH, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cognizant Technology Solutions Corp (CTSH, Financial) in one year is $78.99, suggesting a upside of 2.65% from the current price of $76.95. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cognizant Technology Solutions Corp (CTSH) Summary page.
