Cognizant outpaces TCS, Infosys; stock takes off despite demand gloom

Cognizant Technology Solutions Corp. is bracing for a slower 2026, with the delayed revival of non-essential technology spending prompting the company to cut its growth outlook to the lowest in more than a year.

The Teaneck, New Jersey-based company, which grew 7% last fiscal year, had previously set a target of 7.3% for the current year.