CTSH

Cognizant Technology Solutions Corporation

TechnologyInformation Technology ServicesNASDAQ

$55.76

+$3.66 (6.57%)today

Conviction

7/ 10

Fair Value$86.14

Upside+54.49%

Signal38.14

Market Cap$29.6B

52W Range$58.84–$87.03

Next EarningsApr 29

Conviction History

Conviction Changes

Mar 18, 2026, 11:17 AM6→7conviction-rescore

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Price History

FAIR VALUE ANALYSISMonte Carlo · 5,000 runs · 99% valid

Fair Value$114.94

Current Price$59.73

Upside / Down+92.4%

P(Undervalued)100.0%

P(20%+ Up)98.6%

P(15%+ Down)0.0%

Fair Value Distribution — percentile bands

100.0% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

-7.2%/yr

±2.9% · revenue growth to justify current price

FCF-Based Reverse DCF

-6.1%/yr

±2.4% · FCF growth to justify current price

THE GAP

Market pricing margin compression or rising capex

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Bull Case

AI transformation drives multi-year outsourcing demand; India cost moat; undervalued vs peers.

Bear Case

Visa restrictions hurt India delivery; AI automates services reducing headcount needs.

Thesis Breakers

Clients bring IT in-house via AI; visa policy tightens further.

Updated Mar 30

Research Feed

sec_10kMar 3

Conviction: unchanged

CTSH 10-K FY2025: Solid operational execution amid macro headwinds

CTSH delivered solid operational execution in FY2025 with 7% organic revenue growth, 140bps margin expansion, and improving attrition. Core segments (HS, FS) strong; CMT weakness concerning. Tax charg...