Cognizant Technology Solutions Corporation (CTSH) Stock

Cognizant Technology Solutions Corporation (CTSH) is a Technology stock trading at $61.89 (as of 2026-08-21), with a market capitalization of $29.33B and a trailing P/E of 13.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Cognizant Technology Solutions Corporation provides consulting, technology and outsourcing services across North America, Europe and other international markets. It operates through segments including Financial Services, Healthcare, Products and Resources, and Communications, Media and Technology, serving financial services firms, healthcare providers and payers, life sciences companies, and manufacturers, retailers and travel, logistics, energy and utility organizations.

Understand Cognizant Technology Solutions Corporation: how it makes money

Cognizant provides consulting, technology, and outsourcing services, and it makes money by delivering client engagements across industries where it applies customer experience work plus automation, analytics, and AI capabilities.

Cognizant is a professional services and outsourcing business, so its profit generation structure is delivering ongoing consulting and outsourcing engagements whose dollar value shows up as revenue across its four industry segments.

Revenue by segment (latest quarter)
Financial$1.6B
Health$1.6B
ProductsRes$1.3B
CMT$0.9B

Business quality (Mixed): Clear segment definitions and a visible segment revenue mix support understanding of where sales come from, but the provided operating KPIs are limited to revenue levels, so profit drivers beyond revenue are not directly quantified here.

Valuation: Trades at 11× trailing earnings · $25B market cap.

Bull case

  • Diversified delivery across four official segments: Revenue is split across Financial Services (1.64B), Healthcare (1.58B), Products and Resources (1.32B), and Communications, Media and Technology (0.87B).
  • Service offerings aligned to digital transformation themes: The company highlights customer experience enhancement, robotic process automation, analytics, and AI services, including use cases like digital lending, fraud detection, and next generation payments.

Bear case

  • Outsourcing and project economics can be sensitive to customer contracting terms: Because the business is based on consulting and outsourcing engagements, shifts in contracting approaches (the description mentions outcome-based contracting) can change the economics of delivery.
  • Execution risk across multiple verticals: Managing delivery across Financial Services, Healthcare, Products and Resources, and Communications, Media and Technology increases the chance that demand or project mix changes in any one segment can affect results.
Valuation — source: SEC EDGAR (first-party)
Price$61.89
Market Cap$29.33B
P/E Ratio13.1
EV / EBITDA7.2
Price / Book1.95
Price / Sales1.38
FCF Yield10.2%
DCF Value (model)$83.24
DCF Upside vs Price34.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$21.11B
Net Margin10.6%
Revenue Growth (YoY)7.0%
EPS Growth (YoY)1.1%
FCF Growth (YoY)42.0%
Financial Health — source: SEC EDGAR
Altman Z-Score5.96 (safe)
Valuation vs Sector & Industry
Stock P/E13.1
Sector P/E (Technology)33.9
Industry P/E (Business Services)29.9
vs Sector-61.4%
vs Industry-56.2%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($5.00B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorTechnology
IndustryBusiness Services
CEORavi Kumar Singisetti
Employees336,300
CountryUS
IPO Date1998-06-19

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CTSH earnings history · CTSH institutional & insider holders · CTSH KPIs & operating metrics · CTSH financials · CTSH investor presentations & press releases · CTSH SEC filings · CTSH peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.