Conduent (CNDT) AI Stock Analysis

• Market Cap: $293.55M
• Dividend Yield: N/A
• Average Volume (3M): 1.36M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.11
• Revenue Growth: -12.45%
• EPS Growth: -142.77%
• Country: US
• Employees: 53,000
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): -0.09
• Shares Outstanding: 152,889,500
• 10 Day Avg. Volume: 1,529,536
• 30 Day Avg. Volume: 1,364,314
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.75
• Price to Sales (P/S): 0.22
• P/FCF Ratio: -6.96
• Enterprise Value/Market Cap: 4.09
• Enterprise Value/Revenue: 0.39
• Enterprise Value/Gross Profit: 2.21
• Enterprise Value/Ebitda: 31.57
• 1Y Price Target: $7.00
• Price Target Upside: 181.12% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): -0.34
• Revenue Forecast (FY): $3.09B

• Rating: 44 Neutral
• Price Target: $2.00 ▼(-19.68% Downside)

Conduent's overall stock score is primarily impacted by its financial performance challenges, including declining revenues and profitability pressures. Technical analysis indicates bearish momentum, and valuation metrics are unfavorable with a negative P/E ratio. While the earnings call highlighted some positive developments, such as growth in the Transportation segment and AI initiatives, significant challenges remain, particularly in the Commercial and Government segments.

Positive Factors

Transportation Segment Growth

The significant growth in the Transportation segment indicates strong demand and successful execution in this area, contributing positively to Conduent's revenue diversification and long-term growth potential.

AI Initiatives and Software Licensing

The focus on AI and software licensing reflects Conduent's strategic shift towards higher-margin, technology-driven offerings, potentially enhancing competitive advantage and future profitability.

New Business Growth

The increase in new business total contract value suggests effective client acquisition strategies and potential for sustained revenue growth, strengthening Conduent's market position.

Negative Factors

Revenue Decline

The decline in revenue highlights ongoing challenges in maintaining sales momentum, which could impact Conduent's ability to achieve long-term financial stability and growth.

Negative Free Cash Flow

Negative free cash flow indicates liquidity challenges, limiting Conduent's ability to invest in growth initiatives and manage debt, potentially affecting long-term financial health.

Commercial Segment Revenue Decline

The decline in the Commercial segment revenue reflects potential loss of market share or client attrition, posing risks to Conduent's revenue base and competitive position.

Conduent Business Overview & Revenue Model

Company Description

Conduent Incorporated (CNDT) is a leading provider of technology-enabled business services, focusing on delivering innovative solutions to various sectors, including government, healthcare, transportation, and customer care. The company specializes in digital platforms and services that streamline operations, enhance user experiences, and drive efficiencies. Core offerings include managed services, business process outsourcing, and software solutions that cater to the needs of clients across different industries.

How the Company Makes Money

Conduent generates revenue primarily through a combination of service contracts, transaction-based fees, and software licensing. Key revenue streams include business process services, where the company manages operations for clients, particularly in sectors like healthcare and government. Additionally, Conduent earns money from technology solutions that offer software for data management, analytics, and customer engagement. The company also participates in performance-based contracts, where revenues are linked to the success of the services provided. Significant partnerships with government agencies and large corporations further enhance their earnings by providing stable, long-term contracts and access to a broader client base.

Conduent Financial Statement Overview

Summary

Conduent faces significant financial challenges, with declining revenues and profitability pressures evident in the income statement. The balance sheet shows improved leverage but reduced returns for equity holders. Cash flow issues persist, with negative operating cash flow and free cash flow, indicating liquidity constraints. The company needs to address operational inefficiencies and improve cash generation to stabilize its financial position.

Income Statement

Conduent's income statement shows declining revenue with a negative revenue growth rate of -1.29% TTM. The gross profit margin has decreased from 18.65% in 2024 to 16.42% TTM, indicating pressure on profitability. The net profit margin has turned negative TTM, reflecting a challenging operating environment. EBIT and EBITDA margins have also declined, highlighting operational inefficiencies.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.82 TTM, which is an improvement from previous years, indicating better leverage management. However, the return on equity has significantly decreased to 2.07% TTM, suggesting reduced profitability for shareholders. The equity ratio remains stable, reflecting a balanced asset structure.

Cash Flow

Cash flow analysis shows negative operating cash flow TTM, indicating liquidity challenges. Although free cash flow has improved by 20% TTM, it remains negative, which is concerning. The operating cash flow to net income ratio is negative, highlighting cash generation issues, while the free cash flow to net income ratio is positive, suggesting some efficiency in managing cash relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.07B	3.36B	3.72B	3.86B	4.14B	4.16B
Gross Profit	544.00M	626.00M	834.00M	840.00M	1.00B	954.00M
EBITDA	38.00M	76.00M	240.00M	187.00M	382.00M	424.00M
Net Income	-149.00M	426.00M	-296.00M	-182.00M	-28.00M	-118.00M
Balance Sheet
Total Assets	2.50B	2.60B	3.16B	3.57B	4.04B	4.26B
Cash, Cash Equivalents and Short-Term Investments	264.00M	366.00M	498.00M	582.00M	415.00M	450.00M
Total Debt	882.00M	829.00M	1.49B	1.53B	1.67B	1.80B
Total Liabilities	1.64B	1.61B	2.53B	2.65B	2.90B	3.07B
Stockholders Equity	859.00M	981.00M	629.00M	917.00M	1.13B	1.19B
Cash Flow
Free Cash Flow	-119.00M	-106.00M	-4.00M	-9.00M	163.00M	22.00M
Operating Cash Flow	-71.00M	-50.00M	89.00M	144.00M	243.00M	161.00M
Investing Cash Flow	28.00M	795.00M	-93.00M	173.00M	-142.00M	-134.00M
Financing Cash Flow	-96.00M	-877.00M	-81.00M	-131.00M	-132.00M	-74.00M

Conduent Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.49
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CNDT, the sentiment is Negative. The current price of 2.49 is above the 20-day moving average (MA) of 2.03, above the 50-day MA of 2.40, and below the 200-day MA of 2.62, indicating a bearish trend. The MACD of -0.16 indicates Negative momentum. The RSI at 39.28 is Neutral, neither overbought nor oversold. The STOCH value of 37.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CNDT.

Conduent Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
G	78 Outperform	$7.62B	14.25	22.32%	1.50%	7.40%	-14.45%
HCKT	64 Neutral	$485.84M	29.49	10.27%	2.48%	0.68%	-67.84%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TASK	59 Neutral	$1.03B	13.00	15.40%	―	19.88%	51.03%
CNDT	44 Neutral	$293.55M	―	-15.87%	―	-12.45%	-142.77%
XRX	39 Underperform	$340.59M	―	-93.23%	13.89%	3.67%	29.09%
UIS	38 Underperform	$240.26M	-2.85	―	―	-4.93%	18.65%

Conduent Corporate Events

Conduent’s Q3 2025 Financial Results Highlight Future Challenges

Conduent has released its Q3 2025 financial results, highlighting various factors that could impact its future performance. The company faces uncertainties related to government contracts, market competitiveness, geopolitical events, and cybersecurity threats, among others, which could affect its operations and stakeholder interests.

The most recent analyst rating on (CNDT) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Conduent stock, see the CNDT Stock Forecast page.

Conduent Releases Q3 2025 Financial Results

Conduent Incorporated announced its third quarter 2025 financial results, highlighting the company’s performance and strategic initiatives. The release of these results and the accompanying investor presentation are significant for stakeholders as they provide insights into Conduent’s operational progress and future outlook.

The most recent analyst rating on (CNDT) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Conduent stock, see the CNDT Stock Forecast page.

Conduent’s Mixed Q3 2025 Earnings Call Insights

The recent earnings call for Conduent presented a mixed bag of results, highlighting both achievements and challenges. The company showcased notable successes in its Transportation segment and advancements in AI initiatives. However, it also faced hurdles with revenue declines in its Commercial and Government segments, along with a negative free cash flow. While efforts to expand sales and improve margins are underway, significant challenges remain on the horizon.

Conduent’s Q3 2025 Financial Performance and Strategic Advances

Conduent Incorporated is a global technology-driven business process solutions and services company, operating across commercial, government, and transportation sectors, known for leveraging advanced technologies to enhance client operations and customer experiences. In its third quarter of 2025 earnings report, Conduent announced a revenue of $767 million, with a pre-tax loss of $38 million and an adjusted EBITDA margin of 5.2%. The company highlighted its successful debt refinancing and new business signings worth $111 million in annual contract value. Conduent’s financial performance showed a year-over-year decline in revenue by 5%, but an improvement in adjusted EBITDA by 25% compared to the previous year. The company also reported significant technological advancements, including the integration of generative AI into its government solutions and the expansion of its operations in the Philippines. Looking ahead, Conduent remains focused on cash generation, expanding pipeline opportunities, and maintaining liquidity, with a positive outlook on achieving its capital allocation target and continuing to deliver value to shareholders.

Conduent Reports Q3 Financial Results with Key Milestones

On November 7, 2025, Conduent announced its third-quarter financial results, highlighting a revenue of $767 million and a pre-tax loss of $38 million. The company achieved significant milestones, including debt refinancing, AI enhancements, and new business signings, despite challenges like government funding cycles and a federal shutdown. Conduent’s focus on operational efficiency led to improved Adjusted EBITDA margins, and it remains committed to cash generation and expanding opportunities within its client base.

The most recent analyst rating on (CNDT) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Conduent stock, see the CNDT Stock Forecast page.

Conduent Appoints Michael J. Fucci to Board

Conduent Incorporated announced the election of Michael J. Fucci, former Executive Chairman of Deloitte U.S. LLP, to its Board of Directors, effective October 27, 2025. Fucci brings over 40 years of leadership experience, having played a pivotal role in Deloitte’s growth and governance. His appointment is expected to provide strategic insight and support Conduent’s growth strategy, enhancing value for shareholders, clients, and associates.

The most recent analyst rating on (CNDT) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Conduent stock, see the CNDT Stock Forecast page.

Conduent Restructures, EVP Michael McDaniel Departs

Conduent Incorporated announced the termination of Michael McDaniel, Executive Vice President of Commercial Solutions, as part of a restructuring effort to eliminate a management layer. This decision, effective October 7, 2025, aligns with the company’s restructuring strategy, and Mr. McDaniel will receive severance benefits according to the company’s policy.

The most recent analyst rating on (CNDT) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Conduent stock, see the CNDT Stock Forecast page.

Conduent Completes Strategic Refinancing to Support Growth

On August 27, 2025, Conduent announced the successful completion of a refinancing of its existing term loan and revolving credit agreements. This refinancing includes the full prepayment of the Term A Loans, a reduction in the revolving credit facility, and the introduction of a new performance letter of credit facility. The refinancing is seen as a strategic move to strengthen Conduent’s financial foundation and support future growth, as stated by CFO Giles Goodburn. The transaction is expected to provide the right mix of debt instruments to support the company’s operations and capital allocation strategy.

The most recent analyst rating on (CNDT) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Conduent stock, see the CNDT Stock Forecast page.