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Cognizant Technology Solutions Co. (NASDAQ:CTSH – Free Report) – Research analysts at William Blair reduced their Q2 2024 EPS estimates for shares of Cognizant Technology Solutions in a report issued on Thursday, May 2nd. William Blair analyst M. Nolan now forecasts that the information technology service provider will post earnings of $1.08 per share for […]
The Teaneck-based company's headcount decreased by 3,300 sequentially and 7,100 YoY, ending with 344,400 employees in the first quarter of 2024.
TCS, Infosys Wipro: Nirmal Bang said valuations for most IT stocks are expensive in relation to their 5-year or 10-year histories and it sees no material upside to FY25/FY26 earnings for its coverage in the next 12 months.
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We continue to view Cognizant as a moaty IT service vendor with a strong growth and margin profile.
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