Sidoti Weighs in on Conduent’s Q3 Earnings (NASDAQ:CNDT)

Conduent Inc. (NASDAQ:CNDT) – Sidoti lifted their Q3 2026 earnings estimates for Conduent in a report issued on Wednesday, August 12th. Sidoti analyst M. Riddick now anticipates that the company will post earnings per share of ($0.09) for the quarter, up from their prior forecast of ($0.13). The consensus estimate for Conduent’s current full-year earnings is ($0.29) per share. Sidoti also issued estimates for Conduent’s Q4 2026 earnings at ($0.04) EPS, FY2026 earnings at ($0.37) EPS, Q1 2027 earnings at ($0.02) EPS, Q2 2027 earnings at ($0.07) EPS, Q3 2027 earnings at ($0.02) EPS, Q4 2027 earnings at $0.04 EPS and FY2027 earnings at ($0.06) EPS.

CNDT has been the topic of a number of other research reports. Zacks Research downgraded Conduent from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Weiss Ratings reiterated a “sell (d)” rating on shares of Conduent in a report on Friday, July 17th. Finally, Noble Financial raised Conduent to a “strong-buy” rating in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Conduent has a consensus rating of “Moderate Buy”.

Conduent Trading Up 4.5%

NASDAQ:CNDT opened at $1.62 on Friday. Conduent has a 52 week low of $1.15 and a 52 week high of $2.98. The firm has a 50-day moving average price of $1.51 and a two-hundred day moving average price of $1.50. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.59 and a current ratio of 1.59. The firm has a market cap of $251.94 million, a price-to-earnings ratio of -1.07 and a beta of 1.44.

Conduent (NASDAQ:CNDT) last released its quarterly earnings results on Monday, August 10th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.17) by ($0.01). Conduent had a negative return on equity of 8.50% and a negative net margin of 8.17%.The firm had revenue of $531.00 million for the quarter, compared to analysts’ expectations of $702.00 million.

Institutional Investors Weigh In On Conduent

Hedge funds have recently modified their holdings of the stock. Global Retirement Partners LLC raised its holdings in shares of Conduent by 28,720.0% in the 4th quarter. Global Retirement Partners LLC now owns 14,410 shares of the company’s stock worth $28,000 after purchasing an additional 14,360 shares during the period. Boothbay Fund Management LLC bought a new position in Conduent during the second quarter valued at $29,000. Pallas Capital Advisors LLC bought a new position in Conduent during the second quarter valued at $30,000. GSA Capital Partners LLP bought a new position in Conduent during the second quarter valued at $30,000. Finally, M&T Bank Corp purchased a new stake in Conduent in the fourth quarter worth $33,000. Institutional investors own 77.28% of the company’s stock.

Conduent News Summary

Here are the key news stories impacting Conduent this week:

• Positive Sentiment: Sidoti sharply improved its longer-term outlook. The firm raised its FY2027 EPS forecast to a loss of $0.06 from a loss of $0.20, while also lifting estimates for Q1 through Q4 2027. Sidoti now expects Conduent to approach quarterly profitability, including projected EPS of $0.04 in Q4 2027. These revisions suggest analysts see a faster earnings recovery than previously expected.
• Positive Sentiment: Near-term earnings estimates were also raised. Sidoti reduced its projected losses for Q3 2026 to $0.09 per share from $0.13, Q4 2026 to $0.04 from $0.06, and FY2026 to $0.37 from $0.43. The revisions may encourage investors looking for evidence that Conduent’s turnaround is gaining traction.
• Neutral Sentiment: Analyst sentiment is broadly constructive but the company is still expected to lose money. A recent report identified Conduent among technology stocks viewed favorably by analysts, although Sidoti’s forecasts still call for a FY2026 loss and a smaller FY2027 loss. Analysts Are Bullish on These Technology Stocks
• Negative Sentiment: Zacks Research downgraded Conduent from “strong-buy” to “hold.” The change signals reduced conviction in the stock’s near-term upside and could offset some of the benefit from Sidoti’s improved earnings estimates. Zacks Research

Conduent Company Profile

Conduent Incorporated is a global provider of diversified business process services with a focus on delivering digital platforms and automation solutions. The company serves clients across a variety of industries including healthcare, transportation, public sector, financial services and human resources. By combining technology-enabled services with data analytics and artificial intelligence, Conduent helps organizations streamline operations, enhance customer experiences and improve overall efficiency.

Key offerings from Conduent encompass customer engagement and transaction processing, digital payment solutions, eligibility and enrollment services for health and welfare programs, and workforce management tools.