On July 17, 2025, Evercore ISI Group initiated coverage on Cognizant Technology Solutions (CTSH, Financial) with a favorable outlook. The prominent analyst, David Togut, has launched his analysis with an "Outperform" rating for the company.
In addition to the rating, Togut has announced a price target for Cognizant Technology Solutions (CTSH, Financial) set at USD 100.00. This announcement provides a potential growth indicator for investors considering the stock as a viable option in the technology sector.
The initiation of coverage and the assigned price target are integral pieces of information for stakeholders and market enthusiasts keeping an eye on Cognizant Technology Solutions (CTSH, Financial). This development underscores Evercore ISI Group's positive expectations for the company's market performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Cognizant Technology Solutions Corp (CTSH, Financial) is $87.57 with a high estimate of $103.00 and a low estimate of $80.00. The average target implies an upside of 17.03% from the current price of $74.83. More detailed estimate data can be found on the Cognizant Technology Solutions Corp (CTSH) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, Cognizant Technology Solutions Corp's (CTSH, Financial) average brokerage recommendation is currently 2.7, 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 $79.62, suggesting a upside of 6.4% from the current price of $74.83. 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.
