Cognizant, US1924461023

Cognizant stock carries a USD 60.00 Daiwa target after Q2 growth

Published on 09/28/2026 at 11:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cognizant stock carries a Daiwa target of USD 60.00 after the September 2026 analyst update. Q2 revenue rose 4.5 percent to USD 5.48 billion.

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Cognizant Technology Solutions Corporation (ISIN US1924461023) closed at USD 57.33 on Nasdaq on September 25, 2026, while a fresh analyst update lifted the upper end of the published target range to USD 70.00. The stock's valuation now sits between a USD 60.00 Daiwa target and a USD 70.00 Deutsche Bank target.

Daiwa lifts target to USD 60.00

According to MarketBeat on September 26, 2026, Daiwa Securities Group raised its Cognizant target from USD 42.00 to USD 60.00 and kept a neutral rating. The USD 60.00 target is USD 2.67, or 4.65 percent, above the September 25 closing price.

MarketScreener reported on September 18, 2026, that Deutsche Bank maintained its Buy rating and raised its target from USD 65.00 to USD 70.00. The two targets show a wide range of views even as the latest consensus cited by MarketBeat is Hold with an average target of USD 64.43.

Q2 revenue rises while EPS misses

Zacks reported that Cognizant's second-quarter 2026 revenue increased 4.5 percent year over year to USD 5.48 billion, while adjusted EPS rose 4.6 percent to USD 1.37. Adjusted EPS missed the USD 1.38 consensus estimate by USD 0.01, creating a counterweight to the revenue beat.

Financial Services revenue reached USD 1.73 billion, up 11.7 percent year over year in constant currency, and trailing twelve-month bookings increased 5 percent to USD 29.1 billion. Cognizant also signed seven deals with total contract values above USD 100 million, including three new-logo contracts.

Guidance favors earnings over sales

For 2026, Cognizant guides to revenue of USD 22.04-22.35 billion and adjusted operating margin of 16.00-16.20 percent. Adjusted EPS guidance stands at USD 5.70-5.82, raised from USD 5.63-5.77, while the revenue outlook reflects continued pressure on discretionary spending.

Stock stays below its yearly high

Cognizant stock closed at USD 57.33 on Nasdaq on September 25, 2026. Its 52-week range was USD 37.08-87.03, volume was 4,448,702 shares and market capitalization was USD 25.8 billion, leaving the price 34.12 percent below the yearly high.