Conduent Inc. (NASDAQ:CNDT – Free Report) – Analysts at Sidoti lowered their Q2 2026 earnings per share estimates for shares of Conduent in a note issued to investors on Tuesday, May 12th. Sidoti analyst M. Riddick now forecasts that the company will post earnings of ($0.19) per share for the quarter, down from their prior forecast of ($0.15). The consensus estimate for Conduent’s current full-year earnings is ($0.46) per share. Sidoti also issued estimates for Conduent’s Q3 2026 earnings at ($0.13) EPS, Q4 2026 earnings at ($0.06) EPS, FY2026 earnings at ($0.43) EPS, Q1 2027 earnings at ($0.09) EPS, Q2 2027 earnings at ($0.08) EPS, Q3 2027 earnings at ($0.05) EPS and FY2027 earnings at ($0.20) EPS.
Conduent (NASDAQ:CNDT – Get Free Report) last posted its earnings results on Monday, May 11th. The company reported ($0.07) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.12. The business had revenue of $723.00 million during the quarter, compared to analyst estimates of $746.67 million. Conduent had a negative return on equity of 7.08% and a negative net margin of 5.04%.
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Conduent Stock Down 3.4%
CNDT stock opened at $1.44 on Thursday. The company has a quick ratio of 1.57, a current ratio of 1.59 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $223.34 million, a PE ratio of -1.41 and a beta of 1.43. Conduent has a twelve month low of $1.15 and a twelve month high of $2.98. The stock has a 50-day simple moving average of $1.46 and a two-hundred day simple moving average of $1.72.
Institutional Trading of Conduent
Hedge funds and other institutional investors have recently bought and sold shares of the company. GatePass Capital LLC boosted its stake in Conduent by 6.1% in the fourth quarter. GatePass Capital LLC now owns 238,800 shares of the company’s stock worth $458,000 after buying an additional 13,700 shares in the last quarter. Blue Owl Capital Holdings LP boosted its stake in Conduent by 8.2% in the fourth quarter. Blue Owl Capital Holdings LP now owns 4,822,422 shares of the company’s stock worth $9,259,000 after buying an additional 365,574 shares in the last quarter. Strs Ohio boosted its stake in Conduent by 6.8% in the fourth quarter. Strs Ohio now owns 171,500 shares of the company’s stock worth $329,000 after buying an additional 10,900 shares in the last quarter. HTG Investment Advisors Inc. boosted its stake in Conduent by 66.8% in the fourth quarter. HTG Investment Advisors Inc. now owns 22,474 shares of the company’s stock worth $43,000 after buying an additional 9,000 shares in the last quarter. Finally, M&T Bank Corp purchased a new stake in Conduent in the fourth quarter worth approximately $33,000. Hedge funds and other institutional investors own 77.28% of the company’s stock.
Insider Buying and Selling
In related news, Director Hernandez Margarita Palau bought 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was bought at an average cost of $1.45 per share, for a total transaction of $72,500.00. Following the completion of the transaction, the director owned 50,000 shares of the company’s stock, valued at approximately $72,500. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Harshavardhan V. Agadi bought 117,099 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was bought at an average price of $1.56 per share, with a total value of $182,674.44. Following the completion of the transaction, the chief executive officer directly owned 337,099 shares of the company’s stock, valued at $525,874.44. This represents a 53.23% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders purchased 337,099 shares of company stock worth $499,974. Corporate insiders own 1.92% of the company’s stock.
Key Stories Impacting Conduent
Here are the key news stories impacting Conduent this week:
- Positive Sentiment: Conduent beat Q1 2026 EPS expectations, reporting a loss of $0.07 per share versus the $0.19 loss Wall Street expected, which suggests performance was better than feared. Conduent Incorporated Q1 2026 Earnings Call Transcript
- Positive Sentiment: Noble Financial upgraded Conduent to strong-buy, which may support the stock by signaling improving analyst confidence. Zacks.com report
- Neutral Sentiment: Sidoti raised its FY2026 EPS estimate slightly to ($0.43) from ($0.45), a small improvement, but still below profitability. MarketBeat CNDT coverage
- Negative Sentiment: Sidoti lowered multiple forward EPS estimates for Conduent, including Q2 2026, Q3 2026, Q4 2026, and FY2027, indicating analysts expect continued losses and slower earnings recovery. MarketBeat CNDT coverage
About Conduent
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.
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