$CTSH

USCIS reported eligible H-1B registrations for FY27 fell 38.5% to 211,600 from 343,981 in FY26, with FY27 at a seven-year low, citing changes to the lottery and increased AI use. Indian IT firms including Tata Consultancy Services, Infosys, and Cognizant filed more H-1B extensions and transfers. Xpheno data showed applications by 18 Indian IT firms and Cognizant dropped to 8,160 from 36,453 (2024 to 2025).

Dalal Jatin P (Chief Financial Officer) sold 12,000 shares of COGNIZANT TECHNOLOGY SOLUTIONS CORP (CTSH) at $55.76 ($0.67M total) on 2026-08-03 under a Rule 10b5-1 trading plan.

Cognizant (CTSH) reported Q2 2026 results with revenue of $5,481 million year over year and net income of $636 million. The company raised elements of its 2026 revenue outlook and declared a $0.33 per share quarterly dividend payable Aug. 25, 2026. It also expanded enterprise AI efforts, including multi-year client wins and an EMEA AI unit.

Cognizant (CTSH) trades at a discount versus its historical valuation, with forward GAAP P/E of 8.31x and P/S of 0.97x. In Q2, it reported EPS $1.37 vs $1.38 expected, 4.5% revenue growth, and $459M free cash flow. Management guided Q3 growth 3.8%-5.3% YoY and FY EPS to $5.76 midpoint. Guggenheim cut its price target to $65 but kept a Buy; analysts’ mean target is $60.12.

Simply Wall St reports Cognizant Technology Solutions (CTSH) shares rose 22% to $55.35 after its Q2 results. The company posted $5.5b revenue and EPS of $1.36, beating expectations. Analysts kept 2026 forecasts largely unchanged, now at $22.2b revenue and $5.58 EPS, with a consensus price target near $63.10.

Morgan Stanley analyst James Faucette raised his price target on Cognizant (CTSH) to $51, citing the company’s differentiated AI strategy. The note follows Cognizant’s fiscal Q2 results: EPS of $1.37, slightly below the $1.38 estimate. Cognizant reported seven contracts over $100M each, operating margin at 16%, and raised full-year adjusted EPS to $5.70-$5.82, plus a $2B buyback.

Cognizant reported Q2 net profit of $636 million, down 1.4% year over year, while revenue rose 4.5% to $5.5 billion (4.1% in constant currency). The company cut its full-year constant-currency growth guidance to 4-5.5% from 4-6.5%. Margins improved to 15.9% and headcount fell to 356,700.

Cognizant Technology Solutions reported 4.1% year-over-year constant-currency revenue growth in Q2 2026, driven by North America and 12% growth in financial services. The company revised full-year revenue guidance to 4% to 5.5% growth and kept adjusted operating margin at 16% to 16.2%. It cited an $81M one-time India benefit, Project LEAP costs, and interest expense after a $1B Astreya-related draw.

Morningstar’s stock note says Cognizant (CTSH) reported 4% Q2 constant-currency revenue growth, with operating margin steady at 16% and trailing 12-month bookings up 5%. It attributes results to North America and financial services, where growth was 12%. Morningstar keeps a $84 fair value estimate and 16.0%-16.2% operating margin guidance, while trimming full-year revenue growth outlook to 4.0%-5.5%.

Investing.com reports Wednesday’s stock moves after the Fed held interest rates steady, with three policymakers voting for a hike. Notable decliners include KLA-Tencor (KLAC) -7.69% and Caterpillar (CAT) -6.09%, plus Micron (MU) -4.98% and Applied Materials (AMAT) -4.8%. Lennox (LII) fell 8% after a Q2 revenue miss and guidance cut.