Valued at a market cap of $26.5 billion, Cognizant Technology Solutions Corporation (CTSH) is a global IT services and consulting company that helps enterprises modernize technology, streamline operations, and accelerate digital transformation. Headquartered in Teaneck, New Jersey, the company serves clients across industries including healthcare, financial services, manufacturing, retail, communications, media, and technology.
Shares of Cognizant have struggled to gain traction, significantly underperforming both the broader market and the technology sector. Over the past year, CTSH shares have declined 26.7% compared to the S&P 500 Index’s ($SPX) 16.9% surge. The weakness has persisted in 2026, with the stock tumbling 35.1% even as the SPX has advanced 8.7%.