Cognizant Technology Solutions Corporation

AI-generated fair value estimate for this company.

Method: 10-year unlevered FCF DCF: $2.60B TTM free cash flow base; 5% annual FCF growth years 1-5; 3% years 6-10; 9.5% discount rate; 2.5% terminal growth; $1.04B net debt; 450.44M shares outstanding.

Reasoning: Cognizant is a mature, cash-generative IT services provider; growth assumptions are held below recent 3-year consensus forecasts to reflect pricing and demand uncertainty from AI-driven disruption in IT services, while the discount rate reflects moderate competitive and margin risk.