Is Wall Street Bullish or Bearish on Cognizant Technology Stock?

Teaneck, New Jersey-based Cognizant Technology Solutions Corporation (CTSH) is a leading professional services company that provides consulting, technology, and outsourcing services. With a market cap of $36.8 billion, Cognizant’s operations span various countries in the Americas, Europe, the Middle East, Asia-Pacific, and Africa.

The IT services giant has substantially underperformed the broader market over the past year. CTSH stock has edged up just 1% over the past 52 weeks, compared to the S&P 500 Index’s ($SPX) 15.8% gains over the same time frame. In 2024, CTSH stock dipped 5%, while SPX returned 8.7% on a YTD basis.