Ctsh stock price forecast benefits from the recent U

CTSH stock price forecast benefits from the recent U.S. dollar softening, which could improve offshore revenue conversion rates, feeding into EPS growth estimates for the next two earnings cycles. There were no changes to revenue or earnings estimates or the price target of US$88.26, suggesting that the company has met expectations in its recent result. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Cognizant Technology Solutions, with the most bullish analyst valuing it at US$103 and the most bearish at US$75.00 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view. 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cognizant Technology Solutions in the last year. There are currently 11 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CTSH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CTSH, but not buy additional shares or sell existing shares. Macro resilience in IT outsourcing supports the CTSH stock price forecast, as enterprises ramp up modernization budgets despite economic uncertainty.