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Cognizant Reports Strong Q1 2026 Growth and Margins

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Cognizant Reports Strong Q1 2026 Growth and Margins

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The latest update is out from Cognizant ( (CTSH) ).

On April 29, 2026, Cognizant reported first quarter 2026 revenue of $5.4 billion, up 5.8% year-over-year, with constant-currency growth of 3.9%, GAAP operating margin of 15.6% and adjusted EPS of $1.40, up 13.8%. Bookings grew 21% in the quarter, lifting trailing 12-month bookings to $29.6 billion, while headcount rose to 357,600 and the company continued returning capital through $427 million of share repurchases and a declared dividend.

Management highlighted strong performance in financial services and momentum in large deals, including seven contracts over $100 million in total value and one mega deal over $500 million. Cognizant introduced Project Leap in the second quarter of 2026, a transformation initiative aimed at funding AI and integrated offerings by reshaping productivity and workforce skills, targeting $200 million to $300 million of in-year savings and underpinning a higher 2026 adjusted operating margin outlook of 16.0% to 16.2%.

The most recent analyst rating on (CTSH) stock is a Buy with a $74.00 price target. To see the full list of analyst forecasts on Cognizant stock, see the CTSH Stock Forecast page.

Spark’s Take on CTSH Stock

According to Spark, TipRanks’ AI Analyst, CTSH is a Neutral.

CTSH scores as a moderately attractive setup driven by strong financial stability (low leverage, solid profitability) and supportive valuation (low P/E with a dividend). Offsetting these positives, technicals are notably bearish with the stock well below major moving averages and negative momentum, while the latest guidance suggests steady—but not accelerating—growth with limited margin expansion.

To see Spark’s full report on CTSH stock, click here.

More about Cognizant

Cognizant (Nasdaq: CTSH) is a leading AI builder and technology services provider, offering digital, IT and consulting solutions to clients globally across sectors such as financial services. The company focuses on leveraging AI capabilities, deep industry expertise and a broad partnership ecosystem to help enterprises translate technology investments into measurable business outcomes.

Average Trading Volume: 7,029,826

Technical Sentiment Signal: Sell

Current Market Cap: $26.13B

See more data about CTSH stock on TipRanks’ Stock Analysis page.

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