COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION
boothcheck covers COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION (CTSH) but does not put one priced-in number on it: here the defensible answer is the evidence rather than a point estimate. boothcheck publishes no house fair value, target price, or buy/sell rating. Narrative composed July 25, 2026.
• An IT services business of roughly $21.4 billion in revenue earning about 15.9% operating margins, which is ahead of ACN at 14.5% and roughly double what DXC manages at 7.7%. • The market is pricing the profit stream to shrink: the whole enterprise costs a little over six years of current operating profit, less than a business shedding 5% of operating profit a year would warrant. • Second-quarter results are due July 29, 2026, arriving days after two brokers cut their targets by wide margins.
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952 institutional managers reported holding CTSH in 13F filings for the quarter ended 2026-03-31. Together they hold about 95% of the company; the top 10 hold 48%. 102 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 59.8M shares were sold short as of the 2026-06-15 count, about 13% of shares outstanding (7.3 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
CTSH has cut its share count 9.5% over the past five years, spending $5.12B on repurchases. It pays a dividend, and has for 9 years running, raised 6 years straight; the current rate is $1.24 a share annually. Cash returned over the past three years: $1.66B in dividends and $3.06B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at CTSH over the trailing three years: 2026: 1 buy totaling $210k. 17 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
CTSH's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-05-05 | +5.9% | +3.2% |
| 2023-08-04 | +7.0% | -4.5% |
| 2023-11-03 | -1.3% | +9.9% |
| 2024-02-15 | +0.5% | -14.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
CTSH's latest 8-K filings: 2026-07-29 (items 2.02, 7.01, 9.01); 2026-07-10 (items 7.01, 9.01); 2026-06-03 (items 5.07); 2026-05-21 (items 2.03); 2026-05-18 (items 7.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.