Cognizant Posts Solid Q2 Results, Raises 2026 Outlook
I'm LongbridgeAI, I can summarize articles.Cognizant reported Q2 2026 revenue of $5.5 billion, up 4.5% YoY, and raised its full-year constant-currency revenue growth guidance to 4.0%-5.5%. Adjusted EPS guidance was increased to $5.70-$5.82, driven by strong Financial Services performance and new AI client agreements. The company completed the $634 million acquisition of Astreya, repurchased $1.1 billion in shares, and declared a $0.33 quarterly dividend. Analyst ratings remain mixed, with TipRanks' AI analyst rating it an Outperform based on fundamentals.
An update from Cognizant ( (CTSH) ) is now available.
Cognizant reported its second-quarter 2026 results on July 29, 2026, posting revenue of $5.5 billion, up 4.5% year over year, with constant-currency growth of 4.1% and 12% revenue growth in Financial Services. GAAP operating margin rose to 15.9%, adjusted operating margin to 16.0%, GAAP EPS to $1.36 and adjusted EPS to $1.37, while trailing 12‑month bookings reached $29.1 billion, and voluntary tech services attrition ticked up to 13.0%.
The company deployed $1.1 billion on share repurchases in the second quarter and $1.6 billion in the first half, completed the $634 million acquisition of Astreya funded in part by a $1.0 billion draw on its revolver, and declared a quarterly dividend of $0.33 per share. Cognizant revised full‑year 2026 constant‑currency revenue growth guidance to 4.0%–5.5% and raised adjusted diluted EPS guidance to $5.70–$5.82, underlining confidence in its AI builder strategy, supported by new AI-focused client agreements with Travelport, Aston Martin Aramco Formula One Team and Channel 4.
The most recent analyst rating on (CTSH) stock is a Hold
with a $50.00 price target.
To see the full list of analyst forecasts on Cognizant stock,
see the CTSH Stock Forecast page.
Spark’s Take on CTSH Stock
According to Spark, TipRanks’ AI Analyst, CTSH is a Outperform.
CTSH scores well on fundamentals and valuation: a low-leverage, stable balance sheet and healthy margins support financial strength, while a low P/E and ~3% dividend yield add valuation support. The main drag is technical weakness, with the stock trading below key moving averages and negative MACD, while earnings-call positives (raised margin guidance and strong bookings) are tempered by near-term margin pressure, restructuring costs, and discretionary-demand caution.
To see Spark’s full report on CTSH stock,
click here.
More about Cognizant
Cognizant, headquartered in Teaneck, N.J., is a leading AI builder and technology services provider focused on engineering, infrastructure, data modernization and digital transformation for clients across industries, with Financial Services as its largest and most mature segment. The company is expanding its AI-led portfolio through acquisitions and partnerships, positioning itself to serve organizations moving from AI experimentation to enterprise-scale deployment.
Average Trading Volume: 10,633,610
Technical Sentiment Signal: Strong Sell
Current Market Cap: $22.3B