William Blair has upgraded Cognizant Technology Solutions Corp (CTSH) to Outperform from Market Perform, reflecting a more positive outlook on the company's future prospects. This upgrade, announced on November 20, 2025, comes as Cognizant continues to demonstrate strong business fundamentals in the technology sector.
Cognizant, headquartered in Teaneck, New Jersey, provides a range of services including information technology, consulting, and business process outsourcing. The company employs approximately 343,800 full-time employees and operates across various segments such as Health Sciences, Financial Services, Products and Resources, and Communications, Media and Technology.
As of the upgrade, Cognizant's shares are priced at $74.92, with a market capitalization of $35.4 billion. The company has a trailing twelve-month price-to-earnings ratio of 16.61 and earnings per share of 4.31. Notably, the upcoming earnings report is scheduled for July 28, 2026, with analysts estimating earnings of $1.42 per share on revenue of $5.6 billion.
Analyst ratings reflect professional assessments based on extensive research and financial modeling. While these insights can provide valuable context, they are influenced by various assumptions that may not always hold true. Investors are advised to consider a multitude of factors, including company fundamentals and market conditions, when making decisions.
The recent upgrade aligns with a broader consensus among analysts, which currently includes 4 Strong Buy, 13 Buy, and 17 Hold ratings, indicating a general positive sentiment towards Cognizant's performance in the market.