WallStSmart
CTSH

Cognizant Technology Solutions Corp Class A

NASDAQ: CTSH · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES

$54.70
-0.76% today

Updated 2026-04-29

Market cap
$26.16B
P/E ratio
12.00
P/S ratio
1.24x
EPS (TTM)
$4.56
Dividend yield
52W range
$52 – $87
Volume
6.6M

Cognizant Technology Solutions Corp Class A (CTSH) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$54.70
Consensus
$87.80
+60.51%
2030 Target
$794.26
+1352.03%
DCF
$300.86
+76.43% MoS
17 analysts:
6 Buy10 Hold0 Sell

Management guidance

Cognizant provided 2026 guidance of 4%-6.5% organic revenue growth (implying FY2026 revenue of $22.0B-$22.5B based on $21.11B FY2025 base). Management highlighted AI Factory launch, Google Cloud partnership for agentic AI, and Palantir collaboration for healthcare modernization as key growth drivers. CEO Ravi Kumar has positioned AI services and digital transformation as primary growth vectors for 2026-2030.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$1,319.59
$31.9B Rev × 20x P/S
Base case (2030)
$794.26
$31.9B Rev × 12x P/S
Bear case (2030)
$531.59
$31.9B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$19.4B$19.7B$21.1B$22.9B$24.6B$26.8B$29.2B$31.9B
Revenue growth2.0%7.0%8.4%7.6%8.7%9.0%9.2%
EPS$4.55$4.75$5.28$5.85$6.52$7.25$8.10$9.05
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$569.11$612.89$669.18$725.46$794.26

Catalysts & risks

Growth catalysts
+ AI Factory platform adoption accelerating large enterprise deals
+ Google Cloud and Palantir partnerships driving agentic AI demand in enterprise
+ UK TechFirst strategic partnership expanding public sector TAM
+ Record bookings converting to revenue in 2026-2027 period
+ Fractional GPU platform reducing client AI implementation costs, enabling broader TAM capture
Key risks
- Margin compression from AI services mix shift (lower-margin service delivery vs. high-margin consulting)
- AI adoption slower than projected; competitors (Accenture, IBM, Infosys) scaling AI faster
- Macro slowdown in discretionary IT spend and digital transformation budgets
- Visa and labor cost inflation in India and nearshore locations pressuring cost structure
- Customer concentration risk in banking/financial services amid regulatory headwinds

Methodology

Cognizant Technology Solutions Corp Class A's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 17 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.