JPMorgan Chase & Co. Cuts Cognizant Technology Solutions (NASDAQ:CTSH) Price Target to $55.00

27 Jul 2026, 05:48 by Mitch Edgeman · The Markets Daily

Cognizant Technology Solutions (NASDAQ:CTSH – Free Report) had its price target decreased by JPMorgan Chase & Co. from $74.00 to $55.00 in a report published on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the information technology service provider’s stock.

A number of other equities analysts also recently commented on the stock. Berenberg Bank set a $59.00 price objective on shares of Cognizant Technology Solutions and gave the stock a “hold” rating in a research note on Wednesday, June 17th. Morgan Stanley set a $44.00 target price on Cognizant Technology Solutions and gave the stock an “equal weight” rating in a report on Tuesday, June 23rd. Guggenheim reduced their price target on Cognizant Technology Solutions from $85.00 to $80.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Wedbush upgraded Cognizant Technology Solutions from a “neutral” rating to an “outperform” rating and raised their price target for the company from $56.00 to $70.00 in a research note on Monday, June 8th. Finally, Dbs Bank dropped their price objective on Cognizant Technology Solutions from $80.00 to $66.00 in a research note on Thursday, May 7th. Ten investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $62.00.

Get Our Latest Stock Report on CTSH

Cognizant Technology Solutions Stock Performance

Shares of CTSH stock opened at $45.45 on Friday. The company’s fifty day simple moving average is $47.14 and its 200-day simple moving average is $59.52. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.04. The firm has a market cap of $21.54 billion, a PE ratio of 9.88, a P/E/G ratio of 0.99 and a beta of 0.87. Cognizant Technology Solutions has a 12 month low of $37.08 and a 12 month high of $87.03.

Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last announced its earnings results on Wednesday, April 29th. The information technology service provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.33 by $0.07. Cognizant Technology Solutions had a net margin of 10.41% and a return on equity of 17.50%. The business had revenue of $5.41 billion during the quarter, compared to analysts’ expectations of $5.41 billion. During the same quarter in the prior year, the company posted $1.23 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. Equities research analysts expect that Cognizant Technology Solutions will post 5.7 EPS for the current fiscal year.

Cognizant Technology Solutions announced that its Board of Directors has initiated a stock buyback plan on Monday, May 18th that permits the company to repurchase $2.00 billion in shares. This repurchase authorization permits the information technology service provider to purchase up to 9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Cognizant Technology Solutions Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Investors of record on Monday, May 18th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 2.9%. The ex-dividend date was Monday, May 18th. Cognizant Technology Solutions’s dividend payout ratio (DPR) is 28.70%.

Institutional Trading of Cognizant Technology Solutions

Several institutional investors and hedge funds have recently bought and sold shares of CTSH. JPL Wealth Management LLC acquired a new position in shares of Cognizant Technology Solutions during the 3rd quarter worth approximately $25,000. Lodestone Wealth Management LLC bought a new stake in Cognizant Technology Solutions in the 4th quarter valued at $28,000. Flagship Harbor Advisors LLC acquired a new stake in Cognizant Technology Solutions during the 4th quarter valued at $28,000. Physician Wealth Advisors Inc. lifted its holdings in Cognizant Technology Solutions by 165.1% during the 4th quarter. Physician Wealth Advisors Inc. now owns 342 shares of the information technology service provider’s stock valued at $28,000 after purchasing an additional 213 shares during the last quarter. Finally, Prosperity Bancshares Inc bought a new position in Cognizant Technology Solutions during the fourth quarter worth $29,000. Institutional investors own 92.44% of the company’s stock.

Key Cognizant Technology Solutions News

Here are the key news stories impacting Cognizant Technology Solutions this week:

Positive Sentiment: Cognizant announced a strategic partnership with Gulf Edge to accelerate enterprise AI adoption in Southeast Asia, including Thailand. The deal highlights CTSH’s push into higher-growth AI services and could support longer-term revenue opportunities. Article Title
Positive Sentiment: Investors appear to be buying ahead of Cognizant’s second-quarter earnings report on July 29, leaning on the company’s first-quarter momentum, which included revenue growth, strong bookings, and improved margin guidance. Article Title
Positive Sentiment: Wall Street still broadly remains constructive: JPMorgan cut its price target to $55 from $74, but kept an overweight rating, while other recent analyst calls have been positive. That suggests expectations may be reset rather than deteriorating. Article Title
Neutral Sentiment: Short-interest data did not show a meaningful change, so there is little evidence that the latest move is being driven by a short squeeze or bearish positioning.
Negative Sentiment: The JPMorgan target cut reflects lower near-term upside expectations, and the stock remains well below its prior highs, which may temper enthusiasm if upcoming earnings disappoint.
Negative Sentiment: Recent insider selling and mixed institutional ownership trends could be a modest headwind for sentiment, even though these factors do not appear to be the main driver today.

About Cognizant Technology Solutions

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Cognizant Technology Solutions (NASDAQ: CTSH) is a global professional services company that provides information technology, consulting and business process services to large enterprises. Its core offerings include digital engineering, application development and maintenance, cloud migration and managed services, data analytics and artificial intelligence, cybersecurity, and industry-specific solutions. Cognizant works with clients to design and implement technology-enabled transformations that address customer experience, operational efficiency and new product and service delivery.