Cognizant, US1924461023

Deutsche Bank raises target for Cognizant stock to USD 70.00

Published on 10/02/2026 at 12:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue hit USD 5.48 billion, up 4.50 percent year over year. Cognizant stock costs EUR 54.70 on October 2, 2026 after EUR 54.12.

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Cognizant Technology Solutions Corporation (ISIN US1924461023) was trading at EUR 54.70 at Lang & Schwarz on October 2, 2026 at 12:29 p.m. CEST, up 1.07 percent versus the EUR 54.12 prior close. The latest analyst action came on September 18, 2026, when Deutsche Bank raised its price target from USD 65.00 to USD 70.00 and kept a Buy rating, as Markets Insider reported.

Target rises as earnings improve

Cognizant reported USD 5.481 billion of revenue in the second quarter of 2026, a 4.50 percent year-over-year increase. GAAP diluted earnings per share were USD 1.36, while adjusted diluted earnings per share reached USD 1.37, up 4.60 percent year over year, according to StockTitan.

The operating picture was mixed in a useful way for investors. Adjusted operating margin expanded to 16.00 percent in the second quarter, while higher interest expense linked to acquisition funding and share repurchases weighed on earnings per share.

Guidance favors earnings discipline

Management expects full-year 2026 revenue of USD 22.04 billion to USD 22.35 billion and adjusted operating margin of 16.00 percent to 16.20 percent. Adjusted earnings per share guidance rose to USD 5.70 to USD 5.82 from USD 5.63 to USD 5.77, implying 8.00 percent to 10.00 percent growth, according to Zacks.

That contrast explains the market debate: revenue growth remains moderate, but cost actions and a lower share count are supporting the earnings outlook. Project Leap is expected to generate USD 200 million to USD 300 million of savings in 2026, while the company continues reinvesting in training, artificial intelligence infrastructure and delivery tools.

Next results date is October 28

The next earnings date is October 28, 2026, according to StockHub. Cognizant stock therefore reaches the next reporting checkpoint with a USD 70.00 Deutsche Bank target, a second-quarter adjusted operating margin of 16.00 percent and full-year adjusted earnings per share guidance of USD 5.70 to USD 5.82.

Stock trades above prior close

Cognizant stock was trading at EUR 54.70 at Lang & Schwarz on October 2, 2026 at 12:29 p.m. CEST, up 1.07 percent versus the EUR 54.12 prior close at Lang & Schwarz on October 1, 2026. The primary listing is on Nasdaq, where Cognizant's quote currency is USD; its market capitalization was USD 27.4 billion and its 52-week range was USD 37.08 to USD 87.03 as of October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Cognizant stock.