On Might 19, JPMorgan upgraded Cognizant Know-how Options Company (NASDAQ:CTSH) from Impartial to Chubby and raised the worth goal from $88 to $92. The improve comes after the corporate reported its fiscal first quarter outcomes for 2025, the place it beat market expectations. The corporate grew its income by 7.46% year-over-year to $5.12 billion, beating expectations by $52 million. The EPS got here in at $1.23, outperforming the analysts’ expectations by $0.03.
A knowledge analyst utilizing cutting-edge analytics to precisely interpret advanced units of information.
JPMorgan famous that Cognizant Know-how Options Company (NASDAQ:CTSH) has been making important strides in closing the expansion hole as in comparison with its friends. The corporate is reaching this by specializing in execution, closing massive offers, and worker retention. Cognizant Know-how Options Company (NASDAQ:CTSH) reported rising its complete bookings by 3% on a 12-month trailing foundation, with 4 massive offers, together with a mega deal price greater than $500 million TCV. The agency believes that Cognizant Know-how Options Company (NASDAQ:CTSH) is aligned with the cost-cutting challenge pattern and is capturing a justifiable share of huge tasks. Furthermore, the agency additionally likes the vertical income mixture of the corporate.
Cognizant Know-how Options Company (NASDAQ:CTSH) is a multinational firm that gives synthetic intelligence, digital engineering, consulting, utility improvement, programs integration, and different associated companies to companies.
Whereas we acknowledge the potential of CTSH as an funding, our conviction lies within the perception that some AI shares maintain better promise for delivering larger returns and have restricted draw back danger. In case you are searching for an AI inventory that’s extra promising than CTSH and that has 100x upside potential, try our report concerning the most cost-effective AI inventory.
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