Cognizant Technology Solutions (NASDAQ: CTSH) Guides Below Consensus on IT Spending Caution
Cognizant stock slips after Q1 beat as management issues cautious forward guidance amid IT budget uncertainty.
Cognizant Technology Solutions Corporation (NASDAQ: CTSH) is a technology company, listed on the NASDAQ. Alpha Stocks Insight has published 3 articles on CTSH since April 29, 2026, most recently "Cognizant Technology Solutions (NASDAQ: CTSH) Increases 2026 Share Repurchase Authorization by $1 Billion" on May 18, 2026. Coverage to date spans Earnings Report and Technology, tracking CTSH's earnings, analyst activity, and material corporate events. New coverage is added each trading day.
Price
$58.20
Today
-2.87%
Mkt Cap
$26.2B
P/E
12.0x
52W High
$87.03
52W Low
$37.08
Data via Finnhub · refreshes hourly · not financial advice
Cognizant raises its 2026 buyback target to $2 billion total, signaling confidence in shareholder returns amid operational execution.
Cognizant stock slips after Q1 beat as management issues cautious forward guidance amid IT budget uncertainty.
Cognizant slipped on Q1 revenue miss and Q2 guidance below estimates, signaling cautious IT spending—offset partially by strategic $600M Astreya AI acquisition.
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Important Legal Disclaimer: This is for informational purposes only and is not financial, investment, or tax advice. Past performance is no guarantee of future results. We are not licensed advisors. For Swiss residents: This does not constitute a public offer under FINSA. For EU residents: Not MiFID II compliant advice. For US residents: Not SEC-registered advice. Always consult a qualified professional. Investing involves risk of loss.