Cognizant Technology Solutions stock hits 52-week low at $65.16

Cognizant Technology Solutions Corp Class A stock reached a 52-week low, touching $65.16, marking a significant point of concern for investors. According to InvestingPro analysis, the company appears undervalued despite its $31.85 billion market capitalization and attractive P/E ratio of 13.4. Over the past year, the stock has experienced a decline of 16.1%, reflecting broader challenges within the tech industry and specific hurdles faced by the company. Despite this downturn, InvestingPro data reveals the company maintains strong fundamentals with 6.34% revenue growth and a healthy current ratio of 2.41. The company’s performance and future strategies will be closely watched by stakeholders as they assess potential recovery paths in a fluctuating market environment. For deeper insights, access the comprehensive Pro Research Report, available exclusively on InvestingPro, covering what really matters about Cognizant’s financial health and future prospects.

In other recent news, Cognizant Technology Solutions reported strong second-quarter earnings for 2025, surpassing analyst expectations with an earnings per share of $1.31 compared to the forecasted $1.26. The company’s revenue also exceeded projections, reaching $5.25 billion against a forecast of $5.18 billion. In another development, Ambit Capital upgraded Cognizant’s stock rating from Sell to Buy, citing the company’s improving growth trajectory and performance in key sectors like BFSI and Healthcare. Meanwhile, BMO Capital lowered its price target for Cognizant to $84.00 from $85.00, while maintaining a Market Perform rating, acknowledging the company’s solid performance and strong bookings. Additionally, Cognizant announced a strategic partnership with the North Carolina Turnpike Authority to develop a next-generation tolling back-office system. This initiative aims to integrate with partners like Mastercard and Volvo Car USA to enable drivers to pay tolls directly through Volvo’s infotainment system. These recent developments come amid broader market uncertainties affecting major users of the H-1B visa program, including Cognizant, following reports of a proposed $100,000 fee for H-1B visa applications.

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