Key Insights for Investors:
- Cognizant (CTSH, Financial) enhances collaboration with Docusign to drive digital transformation.
- Analyst average price target indicates a potential 25.12% upside from the current price.
- Current brokerage consensus rates CTSH as a "Hold."
Cognizant Technology Solutions Corp (NASDAQ: CTSH) has reinforced its partnership with Docusign in a strategic move to elevate customer experience and accelerate digital transformation. This enhanced alliance offers innovative intelligent agreement management solutions on a global scale, cemented by a multi-year commitment emphasizing superior customer service, including eSignature and technical support.
Wall Street Analysts Forecast
Based on projections over the next year from 20 market analysts, the average price target for Cognizant Technology Solutions Corp (CTSH, Financial) is set at $86.89. These forecasts range from a highest estimate of $103.00 to a lowest of $76.00. This average target suggests a significant potential upside of 25.12% from the current trading price of $69.44. For more comprehensive estimate data, please visit the Cognizant Technology Solutions Corp (CTSH) Forecast page.
The consensus recommendation from 27 brokerages remains at an average of 2.9, translating to a "Hold" rating for Cognizant Technology Solutions Corp (CTSH, Financial). The rating system ranges from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell.
According to GuruFocus estimates, the projected GF Value for Cognizant Technology Solutions Corp (CTSH, Financial) over the next year is $78.62, reflecting a projected upside of 13.22% from the current price of $69.44. The GF Value is a calculation of the fair price at which the stock is expected to trade, based on historical trading multiples, past business growth, and future performance forecasts. Additional detailed data is accessible on the Cognizant Technology Solutions Corp (CTSH) Summary page.
