Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

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Cognizant Tech Solutions A / Equity Bottom-Up

<ul><li>Cognizant Technology Solutions reported a second quarter marked by steady revenue growth, margin expansion, and ongoing strategic investments reflecting its AI-driven transformation.</li><li>Revenue rose 4.1% year-over-year in constant currency to $5.5 billion, with organic growth coming in at the high end of expectations, predominantly driven by robust activity in North America.</li><li>The Financial Services segment exhibited particularly strong momentum, growing nearly 12% year-over-year in constant currency and leading the company’s bookings, which increased 5% over the trailing twelve months.</li></ul>

Cognizant Technology Solutions reported a second quarter marked by steady revenue growth, margin expansion, and ongoing strategic investments reflecting its AI-driven transformation.Revenue rose 4.1% year-over-year in constant currency to $5.5 billion, with organic growth coming in at the high end of expectations, predominantly driven by robust activity in North America.The Financial Services segment exhibited particularly strong momentum, growing nearly 12% year-over-year in constant currency and leading the company’s bookings, which increased 5% over the trailing twelve months.

Cognizant Technology Solutions’ 8,000 AI Engagements: Can Growth Accelerate?

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<ul>
  <li>Cognizant is strategically pivoting towards higher-value digital services, including AI and cloud, to capture growth in a rapidly evolving IT market. This transition is supported by acquisitions and a focus on large-scale transformation projects.</li>
  <li>The company demonstrates solid financial health with consistent free cash flow generation, margin expansion, and a commitment to shareholder returns through dividends and share repurchases. However, revenue growth has lagged some digital-native peers.</li>
  <li>Key challenges include intense competition, high employee attrition, and the execution risk associated with its strategic shift and ongoing restructuring. Macroeconomic uncertainty and a high concentration of business in North America also present potential headwinds.</li>
</ul><p><em>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.</em></p>


  Cognizant is strategically pivoting towards higher-value digital services, including AI and cloud, to capture growth in a rapidly evolving IT market. This transition is supported by acquisitions and a focus on large-scale transformation projects.
  The company demonstrates solid financial health with consistent free cash flow generation, margin expansion, and a commitment to shareholder returns through dividends and share repurchases. However, revenue growth has lagged some digital-native peers.
  Key challenges include intense competition, high employee attrition, and the execution risk associated with its strategic shift and ongoing restructuring. Macroeconomic uncertainty and a high concentration of business in North America also present potential headwinds.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Primer: Cognizant Tech Solutions A (CTSH US) - Aug 2026

<ul><li>Cognizant Technology Solutions Corporation reported first quarter 2026 results reflecting a 3.9% year-over-year revenue growth on a constant currency basis, led primarily by strong performance in North America and fueled by newly won large deals.</li><li>The Financial Services segment was a notable contributor, advancing over 10% year-over-year amid robust demand across banking and insurance sectors.</li><li>Bookings increased 21% year-over-year, including seven large deals exceeding $100 million in total contract value, with one "mega" deal valued above $500 million.</li></ul>

Cognizant Technology Solutions Corporation reported first quarter 2026 results reflecting a 3.9% year-over-year revenue growth on a constant currency basis, led primarily by strong performance in North America and fueled by newly won large deals.The Financial Services segment was a notable contributor, advancing over 10% year-over-year amid robust demand across banking and insurance sectors.Bookings increased 21% year-over-year, including seven large deals exceeding $100 million in total contract value, with one "mega" deal valued above $500 million.

Is Cognizant's 14% EPS Growth Durable Enough To Justify A Buy Through The Restructuring?

<ul><li>Cognizant Technology Solutions has shown a consistent upward trajectory in financial performance over the past year, demonstrating growth in revenue and profitability that outpaces prior expectations.</li><li>The company’s revenue increased by 3.8% year-over-year in constant currency during Q4, with the full-year total reaching $21.1 billion, marking a 6.4% growth aided by strategic acquisitions.</li><li>Notably, Financial Services was a standout segment, with a 7% rise in constant currency revenue, reaching its highest since 2016.</li></ul>

Cognizant Technology Solutions has shown a consistent upward trajectory in financial performance over the past year, demonstrating growth in revenue and profitability that outpaces prior expectations.The company’s revenue increased by 3.8% year-over-year in constant currency during Q4, with the full-year total reaching $21.1 billion, marking a 6.4% growth aided by strategic acquisitions.Notably, Financial Services was a standout segment, with a 7% rise in constant currency revenue, reaching its highest since 2016.

Cognizant’s Contract Evolution: Why Fixed-Price Deals and AI Productivity Are Changing the Margin Story!

<ul><li>Cognizant Technology Solutions recently reported their Q3 2025 results, showcasing significant performance that suggests both enhancements in their operational capabilities and efforts to position themselves within the burgeoning AI landscape.</li><li>Revenue for the quarter reached $5.4 billion, reflecting a 6.5% increase year-over-year in constant currency.</li><li>This growth marks the fifth consecutive quarter of organic revenue increase, highlighting the company’s robust performance across multiple sectors and geographies.</li></ul>

Cognizant Technology Solutions recently reported their Q3 2025 results, showcasing significant performance that suggests both enhancements in their operational capabilities and efforts to position themselves within the burgeoning AI landscape.Revenue for the quarter reached $5.4 billion, reflecting a 6.5% increase year-over-year in constant currency.This growth marks the fifth consecutive quarter of organic revenue increase, highlighting the company’s robust performance across multiple sectors and geographies.

Cognizant Technology Solutions: How Large-Deal Momentum & Talent Stabilization Are Supporting Revenue Trajectory?

United States

Cognizant Technology Solutions Corporation provides custom Information Technology (IT) consulting and technology services as well as outsourcing services. The Company's core competencies include technology strategy consulting, complex systems development, enterprise software package implementation and maintenance, data warehousing and business intelligence.

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Cognizant Tech Solutions A (CTSH US)

Cognizant Technology Solutions’ 8,000 AI Engagements: Can Growth Accelerate?

Cognizant Technology Solutions reported a second quarter marked by steady revenue growth, margin expansion, and ongoing strategic investments...

Baptista Research

Primer: Cognizant Tech Solutions A (CTSH US) - Aug 2026

Cognizant is strategically pivoting towards higher-value digital services, including AI and cloud, to capture growth in a rapidly evolving IT...

αSK Primers

Is Cognizant's 14% EPS Growth Durable Enough To Justify A Buy Through The Restructuring?

Cognizant Technology Solutions Corporation reported first quarter 2026 results reflecting a 3.9% year-over-year revenue growth on a constant...

Baptista Research

Cognizant’s Contract Evolution: Why Fixed-Price Deals and AI Productivity Are Changing the Margin Story!

Cognizant Technology Solutions has shown a consistent upward trajectory in financial performance over the past year, demonstrating growth in...

Baptista Research

Cognizant Technology Solutions: How Large-Deal Momentum & Talent Stabilization Are Supporting Revenue Trajectory?

Cognizant Technology Solutions recently reported their Q3 2025 results, showcasing significant performance that suggests both enhancements in...

Baptista Research

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