JP Morgan Raises CTSH Price Target to $78

By TradeTexts Research Desk Oct 26, 2026, 2:15 PM EDT

Key Points

JP Morgan upgraded its price target for Cognizant Technology Solutions to $78 from $67, maintaining an Overweight rating.
JP Morgan's $78 price target implies 13.93% upside from Cognizant Technology Solutions Corporation's ($CTSH) current $68.47 share price.
As of October 26, 2026, Cognizant shares traded at $68.47, about 1.2% below the last closing price of $69.32.
The stock's recent performance shows it is above its 50-day and 200-day moving averages, indicating a positive trend.

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JP Morgan raised its price target on Cognizant Technology Solutions Corporation (CTSH) to $78 from $67 on October 26, 2026. The firm maintained its Overweight rating in its research note on the same day. Cognizant is a professional services company that offers consulting, technology, and outsourcing services worldwide.

CTSH Cognizant Technology Solutions Corporation

$68.69 -13.95% year to date

Daily close · Oct 26, 2026

Analyst rating track record

JP Morgan vs. the S&P 500

YTD return -0.45% hypothetical

All-time return -0.45% S&P 500 +0.62%

vs. S&P 500 -1.07% behind the index

Hypothetical returns from JP Morgan's disclosed trades, not real profit or advice. How we model this.

Cognizant Technology Solutions Corporation Stock Down 7.1%

Cognizant shares closed at $69.32 on October 26, 2026, while recently trading around $68.47, which is about 1.2% below the closing price. The stock is performing well, trading above both its 50-day and 200-day moving averages, suggesting a strong trend.

12-month forecast

$CTSH price target

Cognizant Technology Solutions Corporation daily closes and this analyst's $78 target. Not advice.

Recent Earnings

Cognizant reported trailing twelve-month revenue of $21.64 billion with a net margin of 10.3%. The company is set to announce its next earnings on October 29, 2026.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

D- 33/100

Reported Apr 29, 2026

Forward outlook
9 target cuts vs 0 raises.
EPS & revenue
EPS beat estimates by 3.0%. Revenue missed estimates by 2.0%.
Profit surprise
EBITDA met by 1 percent. Operating income met by 1 percent.
Pre-earnings setup
Expectations were about average.
Analyst signal
9 target cuts.
Earnings quality
Gross margin down 4.0 points. Operating margin down 1.6 points. Positive free cash flow.

Earnings Call Summary

Cognizant delivered solid first quarter results with revenue of $5.4 billion growing 3.9 percent year over year, led by strong Financial Services growth above 10 percent and large deal wins in North America. The company signed 7 deals above $100 million including one mega deal worth over $500 million, with bookings growth reaching 21 percent, the strongest in recent history. Management emphasized the shift toward becoming an AI builder through three vectors: AI-led productivity using 40 percent AI-assisted code, industrializing AI across platforms, and identifying enterprise opportunities through agentic solutions.

Guidance Cognizant reaffirmed full year revenue guidance of 4 to 6.5 percent growth and raised adjusted operating margin guidance to 16 to 16.2 percent. The company expects second quarter revenue growth of 3.2 to 4.7 percent. Management plans to invest most of the $200 million to $300 million in Project LEAP savings back into AI capabilities and growth while still expanding margins.

Very weak report. The release materially worsened the forward outlook.

Insider Buying and Selling at Cognizant Technology Solutions Corporation

Several insiders sold shares recently. John Sunshin Kim, an officer, sold 2,500 shares at an average price of $57.05 on August 3, 2026, for a total value of $142,625. Alina Kerdman, also an officer, sold 144 shares at $63.34 on August 31, 2026, totaling $9,121. Kim sold another 2,500 shares at $63.37 on September 2, 2026, worth $158,431. Kerdman sold 134 shares at $62.40 on September 14, 2026, for $8,362.

Analysts Set New Price Targets

On October 26, 2026, JP Morgan maintained its Overweight rating on Cognizant with a new price target of $78, up from $67. Wells Fargo also maintained an Overweight rating with a target of $77 on the same day. The consensus from analysts suggests a mean price target of $67.10 based on 25 opinions, indicating a buy recommendation.

About Cognizant Technology Solutions

Cognizant Technology Solutions is a professional services company that provides consulting and technology solutions, as well as outsourcing services. It operates in several sectors, including Financial Services and Health Sciences. The firm is headquartered in Teaneck, NJ, and has a workforce of about 356,700 employees.

Bottom Line

Investors should watch for Cognizant's upcoming earnings announcement on October 29, 2026, for insights into its performance. With JP Morgan raising its price target, market interest may increase as analysts continue to evaluate the company's growth potential.