Conduent (NASDAQ:CNDT) Rating Lowered to “Strong Sell” at Wall Street Zen

Conduent (NASDAQ:CNDT) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Saturday.

Several other equities research analysts have also commented on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Conduent in a research report on Friday, July 17th. Zacks Research downgraded shares of Conduent from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Finally, Noble Financial raised shares of Conduent to a “strong-buy” rating in a report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Conduent Stock Performance

NASDAQ CNDT opened at $1.52 on Friday. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $236.39 million, a P/E ratio of -1.00 and a beta of 1.44. 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 200 day moving average price of $1.50.

Conduent (NASDAQ:CNDT) last released its earnings results on Monday, August 10th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.17) by ($0.01). The business had revenue of $531.00 million for the quarter, compared to analyst estimates of $702.00 million. Conduent had a negative return on equity of 9.02% and a negative net margin of 8.17%. Equities research analysts expect that Conduent will post -0.37 EPS for the current year.

Institutional Investors Weigh In On Conduent

Large investors have recently bought and sold shares of the stock. AQR Capital Management LLC raised its holdings in shares of Conduent by 106.7% in the first quarter. AQR Capital Management LLC now owns 740,375 shares of the company’s stock worth $1,999,000 after acquiring an additional 382,191 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Conduent by 0.6% during the first quarter. Goldman Sachs Group Inc. now owns 1,962,919 shares of the company’s stock valued at $5,300,000 after acquiring an additional 11,428 shares during the last quarter. Caxton Associates LLP purchased a new stake in Conduent during the 1st quarter worth about $249,000. Empowered Funds LLC raised its stake in Conduent by 3.0% in the 1st quarter. Empowered Funds LLC now owns 864,190 shares of the company’s stock valued at $2,333,000 after purchasing an additional 25,515 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in Conduent by 20.9% in the 1st quarter. Jane Street Group LLC now owns 397,856 shares of the company’s stock valued at $1,074,000 after purchasing an additional 68,860 shares in the last quarter. Institutional investors and hedge funds own 77.28% of the company’s stock.

Trending Headlines about Conduent

Here are the key news stories impacting Conduent this week:

• Positive Sentiment: Sidoti substantially improved its 2027 outlook. The firm raised its FY2027 EPS estimate to a loss of $0.06 from a loss of $0.20, while also lifting estimates for the first three quarters and Q4 2027. Sidoti now expects Conduent to report positive EPS of $0.04 in Q4 2027, suggesting analysts see a path toward profitability. These estimates are still below the current-year consensus loss of $0.29, but the revisions indicate improving expectations for the company’s longer-term performance.
• Positive Sentiment: Near-term earnings estimates were also revised higher. Sidoti raised its Q3 2026 EPS forecast to a loss of $0.09 from $0.13, its Q4 2026 forecast to a loss of $0.04 from $0.06, and its FY2026 forecast to a loss of $0.37 from $0.43. The revisions point to expectations for narrower losses than previously anticipated. Conduent analyst estimates
• Neutral Sentiment: Some analysts remain bullish on Conduent. A recent report highlighted CNDT among technology stocks viewed favorably by analysts, although the report provided no specific new price target or earnings catalyst. Analysts Are Bullish on These Technology Stocks
• Negative Sentiment: Zacks Research downgraded Conduent from “strong buy” to “hold.” The less-positive rating likely pressured the stock by signaling reduced conviction in the near-term upside, despite Sidoti’s improved estimates. Zacks Research
• Negative Sentiment: Conduent’s latest reported quarter showed continuing fundamental weakness: the company posted a $0.18-per-share loss versus a $0.17 consensus loss and revenue of $531 million versus expectations of $702 million. Persistent losses and the significant revenue shortfall remain key risks for investors.

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.