Cognizant Shares Gain Momentum Ahead of Earnings Report

A wave of positive analyst sentiment is building around Cognizant Technology Solutions in the days leading up to its quarterly earnings release. Multiple financial institutions have either raised their price targets or initiated coverage, positioning the IT services firm as a key beneficiary of the ongoing AI transformation. The central question now is whether the company’s results, scheduled for January 29, will justify this growing optimism.

The high expectations are anchored in the company’s recent financial performance. In its third quarter for fiscal 2025, Cognizant reported revenue of $5.42 billion, surpassing the consensus estimate of $5.32 billion. Earnings per share came in at $1.39, also beating the forecast of $1.29. Notably, the operating margin expanded Read more...