CTSH
Cognizant Technology Solutions CorporationEvidence as of 2026-10-17The desk's Snapshot
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Overview · Cognizant Technology Solutions Corporation
Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services; Health Sciences; Products and Resources; and Communications, Media and Technology. The company offers customer experience enhancement, robotic process automation, analytics, and AI…
Management team
- Mr. Rajesh Varrier · President of Operations & MD of Cognizant IndiaFind on LinkedIn
- Mr. Surya Gummadi · President of AmericasFind on LinkedIn
- Mr. Balu Ganesh Ayyar · President of Intuitive Operations & AutomationFind on LinkedIn
- Mr. John Sunshin Kim · Chief Legal Officer, Chief Administrative Officer & Corporate SecretaryFind on LinkedIn
Start free to see the full management team.
Links open LinkedIn searches, not verified profiles. Team data from our market-data vendor's company profile.
Moneyta sentiment
Where the published evidence leans after the desk debated it, not a rating or a recommendation.
−0.4 on a −2 to +2 scale.
What builds the score
Solid bars are analyst rubric scores; faded bars are computed directly from data. Claims dropped in debate count for nothing; weakened claims count at half weight.
Editor's note
Written after the debate settled. The rest of the page is the evidence behind it.
The evidence balance is Cautious (−0.4 of a possible +2) with high confidence. Revenue in the fiscal quarter ended 2026-04-24 (Q1 2026) was $ 5,413,000,000 versus $ 5,115,000,000 in the fiscal quarter ended 2025-04-25 (Q1 2025), a year‑over‑year increase of $ 298,000,000. Operating income declined slightly to $ 843,000,000 in Q1 2026 from $ 853,000,000 in the comparable quarter, while net income was effectively flat at $ 662,000,000 versus $ 663,000,000.
Share-count metrics show a steady reduction in outstanding common stock, with weighted average diluted shares falling from 495,000,000 in the comparable quarter to 477,000,000 in Q1 2026 and the company reporting $ 444,000,000 of repurchases in the three months ended 31 March 2026. Cash and cash equivalents decreased to $ 1,504,000,000 as of 2026-03-31, and long‑term noncurrent debt reported trended down from $ 559,000,000 as of 2025-06-30 to $ 535,000,000 as of 2026-03-31.
How this note was made
every stage ran before the note was writtenAnalyst desk
Mercer, Oakes, Nash, Ellis, Yates, Talbot and Archer. The desk: named AI agents, not people. Each reads one slice of the evidence and nothing else (no outside knowledge, no browsing), so every finding traces to a source you can open.
Reads the XBRL figures companies file with the SEC (revenue, margins, income, debt and share count, quarter by quarter) and reports which way the trend is running.
Revenue in the fiscal quarter ended 31 March 2026 (fiscal Q1 2026) was $5,413,000,000 compared with $5,115,000,000 in the fiscal quarter ended 31 March 2025 (fiscal Q1 2026, 2025-01-01 to 2025-03-31), showing a year‑over‑year increase of $298,000,000.
XBRL companyfacts · 0001058290-26-000016Operating income was $843,000,000 in the fiscal quarter ended 31 March 2026 (fiscal Q1 2026) versus $853,000,000 in the comparable fiscal quarter ended 31 March 2025, a decrease of $10,000,000.
XBRL companyfacts · 0001058290-26-000016Reads the filings themselves, above all the year-over-year diff of Item 1A risk factors: which risks a company added, dropped or quietly reworded since its last annual report.
Which filings the desk reads
The desk reads the annual 10-K in full: its risk factors, and how they changed since last year. Quarterly 10-Qs and event filings (8-Ks, insider Form 4s) are listed for context but not read line by line: the 10-K is where the material risk disclosures live. A brand-new company, or one we have only just begun tracking, may have no annual report on file yet; its risk analysis fills in once that lands.
The Annual Report on Form 10-K filed 12 February 2026 adds an explicit, broad caution that "Investing in our common stock involves a high degree of risk" and instructs readers to consider the risk factors along with the MD&A and consolidated financial statements when evaluating the company.
Item 1A risk-factor diff · 0001058290-26-000008 vs 0001058290-25-000017The 10-K filed 12 February 2026 expanded and reframed macroeconomic/geopolitical risk language to emphasize that "Our results of operations could be adversely affected by macroeconomic and geopolitical conditions globally" and to call out specific drivers such as inflation, higher interest rates, tightening credit markets, trade policy changes and recession as factors that could cause clients to reduce, postpone or cancel spending.
Item 1A risk-factor diff · 0001058290-26-000008 vs 0001058290-25-000017Reads the signal panel above (momentum, volatility, drawdown, relative strength and beta) and ranks each against the whole research universe rather than judging it in isolation.
Beta vs SPY is 0.14 and correlation vs SPY is 0.04 as of 2026-10-16, indicating low market sensitivity and very low linear correlation to the S&P 500 proxy in the cross-section on that date.
Moneyta signal set · 2026-10-16Short-term momentum is strong: 3-month momentum is +47.9% and 6-month momentum is +8.4%, with the 6-month momentum at the 69th percentile of the 882-stock research universe.
Moneyta signal set · 2026-10-16weakened in debateReads which funds hold the name and at what weight, plus insider Form 4 filings, to show the exposure you may already carry through index funds.
Institutional 13F-reported holdings total "$19.10B" as of 2026-06-30, with 923 holders, 205 exited positions, a holder_count_delta_qoq of -78, and a value_qoq_pct of -34.3.
13F holdings · 923 filers · as of 2026-06-30Top reported 13F holders as of 2026-06-30 include BlackRock, Inc. at "$1.79B", VANGUARD CAPITAL MANAGEMENT LLC at "$1.20B", and PZENA INVESTMENT MANAGEMENT LLC at "$1.03B".
13F holdings · 923 filers · as of 2026-06-30Reads recent headlines that are genuinely about this company, ignoring rating chatter and market-wide stories. Findings argue in the debate but never move the sentiment score.
Multiple headlines highlight new AI-focused collaborations and the launch of 'Cognizant Activate' as recent company activity.
News · simplywall.st · 2026-10-17The company’s refinancing or fresh credit agreement is referenced alongside its strategic announcements.
News · simplywall.st · 2026-10-17Reads parsed Forms 3/4/5: who bought or sold, at what size, and whether a 10b5-1 plan was involved. Flags clustered open-market officer buying; treats plan sales as routine and never counts a fund or 10%-holder as an officer.
Singisetti Ravi Kumar (Chief Executive Officer) reported an open-market sale of "3231" shares valued at "$207k" on 2026-09-15 (action coded F) in the filing.
Form 4 · Singisetti Ravi Kumar (Chief Executive Officer) · $0 code M · 2026-09-15Dalal Jatin P (Chief Financial Officer) reported an open-market sale of "1347" shares valued at "$86k" on 2026-09-15 (action coded F) in the filing.
Form 4 · Dalal Jatin P (Chief Financial Officer) · $0 code M · 2026-09-15Reads the implied-expectations math built from the company's own filings (the growth rate today's price would justify, and the multiples beside it) and argues whether the market's bar looks high or low for this business. Never turns the math into a target.
The model reports an implied free cash flow (FCF) growth rate that today's price would justify of 0.1642 (16.42%) using the stated discount and terminal assumptions and a market price of $66.03 as of 2026-10-16.
Valuation inputs · SEC XBRL + stored EOD closePrice to trailing twelve-month free cash flow (P/FCF) is 26.97 based on FCF TTM of $1,168,000,000 and the reported market price.
Valuation inputs · SEC XBRL + stored EOD closeDebate and risk review
A bull and a bear contest the claims and the chair rules on each; the risk review stress-tests what survived.
A bull and a bear argue the analysts' claims across two rounds, then a chair rules on each one. Only what survives feeds the score. The argument is shown, not hidden, so you can judge the reasoning yourself.
Several pieces of evidence jointly support a favorable read on CTSH from an informational, educational standpoint. Recent quarter revenue growth (fundamentals-0) alongside steady share count reduction and sizable repurchases (fundamentals-3, fundamentals-4) imply rising revenue per share and intentional capital return; concurrently, long-term noncurrent debt has trended down (fundamentals-5) which, together with reported cash, implies a net cash-like position on stated line items (valuation-5). Market signals show strong short-term momentum and bullish moving-average alignment (market-1, market-3), and valuation multiples such as EV/EBITDA and P/E are moderate relative to many peers (valuation-2, valuation-3), while institutional and ETF placements (ownership-1, ownership-2) indicate notable owner interest. News items highlighting AI collaborations and product launches (news-0, news-2) pair with the company’s stated AI investments to contextualize operational focus.
Chair's verdict, claim by claim
Fragility · computed, not argued
balanced0.35
40 surviving claims rest on 17 distinct sources; the heaviest analyst carries 20% of them, and 96% of what the desk raised survived the debate.
The read rests on a moderate breadth of sources but a nontrivial share of surviving claims trace back to a relatively small set of contributors, and one analyst accounts for a fifth of the claims; that concentration raises sensitivity to a few inputs. The very high survival rate from the desk debate indicates internal consistency — the analysis can bear weight as a coherent snapshot of the evidence set, but users should treat items that hinge on concentrated sources or single-analyst inputs as more fragile and seek corroboration from primary filings or independent data where critical.
Peer context · computed, not argued
12-1 momentum ranks 4th of 11 in Information Technology Services (as of 2026-10-16).
6-month relative strength ranks 3rd of 11 in Information Technology Services (as of 2026-10-16).
90-day volatility ranks 7th of 11 in Information Technology Services (as of 2026-10-16).
dividend yield ranks 5th of 11 in Information Technology Services (as of 2026-10-16).
Disconfirming evidence · base rates · falsifiers
Context
Outside consensus, and where this name already sits in your own portfolio.
Third-party consensus shown for context. It never enters Moneyta sentiment. When the two diverge, the debate above is where the why lives.
What this was built from
Every figure on this page traces to one of these. The desk reads only what is listed here (no outside knowledge, no browsing), and each card shows who read it and what it contributed to the score.
9 filings· 2 cited
SEC XBRL filings
Quarterly figures as filed with the SEC, read straight from EDGAR's structured data, not retyped or estimated.
Read by Mercer+0.3 to the score
12 documents· 2 cited
SEC filing documents
The filings themselves, including the year-over-year comparison of Item 1A risk factors.
Read by Oakes−1.0 to the score
1 signal set
Moneyta signal set
Computed from our own end-of-day price history and ranked against the whole research universe. No AI involved.
Read by Nash+0.1 to the score
3 holdings records· 1 cited
Fund holdings
Which funds hold this name and at what weight, plus insider Form 4 filings.
Read by Ellis+0.5 to the score
5 headlines· 1 cited
News coverage
Recent headlines about this company, rating chatter excluded and nothing published after the report date.
Read by Yatesnothing survived
9 filings· 2 cited
Insider filings
Parsed Forms 3/4/5 from EDGAR: named insiders, share counts, prices, and 10b5-1 plan state, with stated and inferred flags kept apart.
Read by Talbot−0.6 to the score
1 computation
Valuation inputs
TTM cash-flow figures from the company's own XBRL filings, priced with the stored closing price. Implied growth and multiples only; no fair-value dollar figure reaches the desk, by design.
Read by Archercontext only
1 record· 0 cited
Company profile
Sector, industry and company details.
1 record· 0 cited
Analyst consensus
Third-party consensus, shown for context only; it never enters Moneyta sentiment.
Read means we pulled and handed it to an analyst; cited means a claim on this page points at it. Reading twelve quarters to state one trend is normal; the gap is shown rather than hidden.
Written by AI, checked against sources
The analysts, the bull–bear debate and the editor's note are AI agents reading only the evidence listed on this page. They can misread a filing or a headline, which is why every claim cites a source you can open and check yourself. The sentiment score is arithmetic over the claims that survived the debate, not a language model's opinion.
Educational analysis of published data. Moneyta does not give investment advice or make recommendations. Past patterns do not indicate future results.
The full terminal on CTSH Gold
Who holds it, who's buying, what the Street thinks: live behind the lock, updated as filings land.
Institutional holders
Net institutional flow, Q/Q
Largest holder position
Insider buys, 90 days
Clustered insider value
Street target range
The real figures are for members. Educational analysis, not advice.
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Educational analysis of published data. Moneyta does not give investment advice or make recommendations.