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Cognizant raises annual adjusted profit forecast on strong client spending

Cognizant Technology raised its full-year 2025 adjusted profit forecast on Wednesday, anticipating a surge in spending from enterprise clients looking to upgrade their digital infrastructure with artificial intelligence.

Shares of the Teaneck, New Jersey-based IT consulting company rose more than 6% in premarket trading.
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Cognizant’s embrace of AI and agents has helped it attract customers in search of ways to use the booming technology to optimize busin… [1053 chars]

Source: Reuters | Published: 2025-10-29T12:06:08Z

Credit: Reuters

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