CNDT Chart
About

Conduent Incorporated provides digital business solutions and services for the commercial, government, and transportation spectrum in the United States, Europe, and internationally. It operates through three segments: Commercial, Government, and Transportation. The Commercial segment offers business process services and customized solutions, customer experience management, business process as a service, integrated digital solutions, healthcare claims and administration, and human capital solutions. Its Government segment provides government-centric business process services to the United States federal, state, local, and foreign governments for public assistance, healthcare program and administration, transaction processing, case management, and payment services; and digital payments, child support payments, government healthcare, and eligibility and enrollment solutions. The Transportation segment offers systems, support, and revenue-generating solutions that include road usage charging and management solutions; transit solutions; computer-aided dispatch/automatic vehicle location technology to help clients manage their fleet operations; and tolling, transit, and digital payment solutions that streamline operations. This segment also provides electronic tolling, urban congestion management, and mileage-based user solutions. Conduent Incorporated was founded in 2016 and is headquartered in Florham Park, New Jersey.

Fundamentals
Scroll to Statements
Sector Technology Industry Information Technology S Market Cap 204.22M
Enterprise Value 963.50M Income -180.00M Sales 3.04B
Book/sh 4.43 Cash/sh 1.51 Dividend Yield —
Payout 0.00% Employees 51000 IPO —
P/E — Forward P/E inf PEG —
P/S 0.07 P/B 0.30 P/C —
EV/EBITDA 17.84 EV/Sales 0.32 Quick Ratio 1.29
Current Ratio 1.57 Debt/Eq 101.69 LT Debt/Eq —
EPS (ttm) -1.14 EPS next Y 0.00 EPS Growth —
Revenue Growth -3.80% Earnings 2026-05-06 ROA -1.83%
ROE -18.76% ROIC — Gross Margin 18.15%
Oper. Margin -0.39% Profit Margin -5.59% Shs Outstand 154.71M
Shs Float 139.80M Short Float 3.55% Short Ratio 3.20
Short Interest — 52W High 3.19 52W Low 1.18
Beta 1.23 Avg Volume 1.47M Volume 465.11K
Target Price $5.50 Recom None Prev Close $1.38
Price $1.32 Change -4.35%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.50
Mean price target
2. Current target
$1.32
Latest analyst target
3. DCF / Fair value
$5.74
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.32
Low
$5.00
High
$6.00
Mean
$5.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-03-14 init Noble Capital Markets — → Outperform $9
2021-11-09 down Needham Buy → Hold —
2020-08-07 main Needham — → Buy $6
2020-04-14 down JP Morgan Overweight → Neutral —
2020-03-20 main Needham — → Buy $3
2020-02-21 main Needham — → Buy $6
2020-01-15 main Citigroup — → Neutral $7
2019-05-09 down Citigroup Buy → Neutral —
2019-05-09 down JP Morgan Overweight → Neutral $12
2019-05-09 down Cross Research Buy → Hold —
2018-08-14 up JP Morgan Neutral → Overweight —
2018-08-09 main BMO Capital Market Perform → Market Perform $23
2018-06-12 main Morgan Stanley Equal-Weight → Equal-Weight $22
2018-06-11 main BMO Capital Market Perform → Market Perform $22
2018-04-27 main BMO Capital Market Perform → Market Perform $22
2018-03-07 init Susquehanna — → Positive $23
2018-03-06 up Needham Hold → Buy —
2018-02-22 main Morgan Stanley Equal-Weight → Equal-Weight $20
2018-02-22 main BMO Capital Market Perform → Market Perform $19
2017-11-09 main BMO Capital — → Market Perform $17
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 109196 158334 — Stock Award(Grant) at price 1.45 per share. VAN GRETA G Director — 2026-03-04 00:00:00 D
1 117099 182909 — Purchase at price 1.56 per share. AGADI HARSHAVARDHAN V Chief Executive Officer — 2026-02-20 00:00:00 I
2 220000 313720 — Purchase at price 1.41 - 1.44 per share. AGADI HARSHAVARDHAN V Chief Executive Officer — 2026-02-19 00:00:00 I
3 60000 86580 — Purchase at price 1.44 per share. FUCCI MICHAEL J. Director — 2026-02-19 00:00:00 D
4 50000 72650 — Purchase at price 1.45 per share. PALAU HERNANDEZ MARGARITA Director — 2026-02-18 00:00:00 I
5 16898 — — Stock Award(Grant) at price 0.00 per share. PROUT MARK Chief Technology Officer — 2026-02-10 00:00:00 D
6 1296 — — Stock Award(Grant) at price 0.00 per share. ABATE GEORGE JOSEPH Officer — 2026-02-10 00:00:00 D
7 4958 — — Stock Award(Grant) at price 0.00 per share. GOODBURN GILES ANDREW Chief Financial Officer — 2026-02-10 00:00:00 D
8 8112 — — Stock Award(Grant) at price 0.00 per share. APPLEBY ADAM D Officer — 2026-02-10 00:00:00 D
9 22531 — — Stock Award(Grant) at price 0.00 per share. KRAWITZ MICHAEL E General Counsel — 2026-02-10 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-9.66M93.63M-35.20M-43.47M
TaxRateForCalcs0.210.150.110.21
NormalizedEBITDA128.00M178.00M372.00M394.00M
TotalUnusualItems-46.00M605.00M-329.00M-207.00M
TotalUnusualItemsExcludingGoodwill-46.00M605.00M-329.00M-207.00M
NetIncomeFromContinuingOperationNetMinorityInterest-170.00M426.00M-296.00M-182.00M
ReconciledDepreciation194.00M204.00M264.00M230.00M
ReconciledCostOfRevenue2.49B2.73B2.89B3.02B
EBITDA82.00M783.00M43.00M187.00M
EBIT-112.00M579.00M-221.00M-43.00M
NetInterestIncome-41.00M-52.00M-93.00M-84.00M
InterestExpense48.00M75.00M111.00M84.00M
InterestIncome7.00M23.00M18.00M7.00M
NormalizedIncome-133.66M-85.37M-2.20M-18.47M
NetIncomeFromContinuingAndDiscontinuedOperation-170.00M426.00M-296.00M-182.00M
TotalExpenses3.10B3.40B3.62B3.69B
DilutedAverageShares158.42M191.03M216.78M204.49M
BasicAverageShares158.42M182.51M216.78M204.49M
DilutedEPS-1.142.23-1.41-0.89
BasicEPS-1.142.28-1.41-0.89
DilutedNIAvailtoComStockholders-180.00M416.00M-306.00M-192.00M
NetIncomeCommonStockholders-180.00M416.00M-306.00M-192.00M
PreferredStockDividends10.00M10.00M10.00M10.00M
NetIncome-170.00M426.00M-296.00M-182.00M
NetIncomeIncludingNoncontrollingInterests-170.00M426.00M-296.00M-182.00M
NetIncomeContinuousOperations-170.00M426.00M-296.00M-182.00M
TaxProvision10.00M78.00M-36.00M55.00M
PretaxIncome-160.00M504.00M-332.00M-127.00M
OtherIncomeExpense-61.00M595.00M-344.00M-206.00M
OtherNonOperatingIncomeExpenses-15.00M-10.00M-15.00M1.00M
SpecialIncomeCharges-46.00M605.00M-329.00M-207.00M
GainOnSaleOfBusiness-11.00M696.00M-10.00M158.00M
OtherSpecialCharges17.00M-30.00M-32.00M18.00M
ImpairmentOfCapitalAssets0.0028.00M287.00M358.00M
RestructuringAndMergernAcquisition35.00M46.00M62.00M39.00M
NetNonOperatingInterestIncomeExpense-41.00M-52.00M-93.00M-84.00M
InterestExpenseNonOperating48.00M75.00M111.00M84.00M
InterestIncomeNonOperating7.00M23.00M18.00M7.00M
OperatingIncome-58.00M-39.00M105.00M163.00M
OperatingExpense610.00M665.00M729.00M677.00M
DepreciationAmortizationDepletionIncomeStatement194.00M204.00M264.00M230.00M
DepreciationAndAmortizationInIncomeStatement194.00M204.00M264.00M230.00M
ResearchAndDevelopment4.00M6.00M7.00M7.00M
SellingGeneralAndAdministration412.00M455.00M458.00M440.00M
GrossProfit552.00M626.00M834.00M840.00M
CostOfRevenue2.49B2.73B2.89B3.02B
TotalRevenue3.04B3.36B3.72B3.86B
OperatingRevenue3.04B3.36B3.72B3.86B
Line Item2025-12-312024-12-312023-12-31
TreasurySharesNumber70.10M60.87M8.84M
OrdinarySharesNumber154.71M161.83M211.51M218.35M
ShareIssued224.81M222.70M220.35M218.35M
NetDebt454.00M273.00M784.00M730.00M
TotalDebt841.00M829.00M1.49B1.53B
TangibleBookValue-101.00M37.00M-289.00M-376.00M
InvestedCapital1.37B1.48B1.91B2.23B
WorkingCapital388.00M508.00M787.00M702.00M
NetTangibleAssets-101.00M37.00M-289.00M-376.00M
CapitalLeaseObligations154.00M190.00M211.00M217.00M
CommonStockEquity685.00M839.00M629.00M917.00M
PreferredStockEquity142.00M
TotalCapitalization1.35B1.45B1.88B2.19B
TotalEquityGrossMinorityInterest685.00M843.00M633.00M917.00M
MinorityInterest0.004.00M4.00M0.00
StockholdersEquity685.00M839.00M629.00M917.00M
GainsLossesNotAffectingRetainedEarnings-437.00M-472.00M-435.00M-466.00M
OtherEquityAdjustments-437.00M-472.00M-435.00M-466.00M
TreasuryStock235.00M210.00M27.00M0.00
RetainedEarnings-2.61B-2.43B-2.85B-2.54B
AdditionalPaidInCapital3.97B3.95B3.94B3.92B
CapitalStock2.00M2.00M2.00M2.00M
CommonStock2.00M2.00M2.00M2.00M
PreferredStock142.00M
TotalLiabilitiesNetMinorityInterest1.71B1.76B2.53B2.65B
TotalNonCurrentLiabilitiesNetMinorityInterest1.03B1.01B1.66B1.73B
OtherNonCurrentLiabilities20.00M23.00M23.00M20.00M
PreferredSecuritiesOutsideStockEquity142.00M142.00M142.00M142.00M
TradeandOtherPayablesNonCurrent14.00M18.00M6.00M7.00M
NonCurrentDeferredLiabilities88.00M76.00M85.00M125.00M
NonCurrentDeferredRevenue69.00M52.00M55.00M42.00M
NonCurrentDeferredTaxesLiabilities19.00M24.00M30.00M83.00M
LongTermDebtAndCapitalLeaseObligation767.00M753.00M1.41B1.44B
LongTermCapitalLeaseObligation102.00M138.00M157.00M160.00M
LongTermDebt665.00M615.00M1.25B1.28B
CurrentLiabilities681.00M744.00M868.00M923.00M
OtherCurrentLiabilities44.00M50.00M112.00M53.00M
CurrentDeferredLiabilities74.00M103.00M91.00M81.00M
CurrentDeferredRevenue74.00M103.00M91.00M81.00M
CurrentDebtAndCapitalLeaseObligation74.00M76.00M88.00M92.00M
CurrentCapitalLeaseObligation52.00M52.00M54.00M57.00M
CurrentDebt22.00M24.00M34.00M35.00M
OtherCurrentBorrowings22.00M24.00M34.00M35.00M
PensionandOtherPostRetirementBenefitPlansCurrent173.00M170.00M183.00M197.00M
PayablesAndAccruedExpenses316.00M345.00M394.00M500.00M
CurrentAccruedExpenses152.00M169.00M200.00M254.00M
InterestPayable5.00M5.00M6.00M6.00M
Payables164.00M176.00M194.00M246.00M
TotalTaxPayable22.00M19.00M20.00M18.00M
IncomeTaxPayable5.00M3.00M1.00M2.00M
AccountsPayable142.00M157.00M174.00M228.00M
TotalAssets2.40B2.60B3.16B3.57B
TotalNonCurrentAssets1.33B1.35B1.51B1.95B
OtherNonCurrentAssets73.00M60.00M89.00M88.00M
NonCurrentDeferredAssets152.00M149.00M112.00M102.00M
NonCurrentDeferredTaxesAssets24.00M23.00M21.00M20.00M
GoodwillAndOtherIntangibleAssets786.00M802.00M918.00M1.29B
OtherIntangibleAssets169.00M193.00M267.00M338.00M
Goodwill617.00M609.00M651.00M955.00M
NetPPE317.00M336.00M388.00M463.00M
AccumulatedDepreciation-970.00M-899.00M-904.00M-916.00M
GrossPPE1.29B1.24B1.29B1.38B
Leases223.00M214.00M221.00M236.00M
ConstructionInProgress13.00M12.00M27.00M39.00M
OtherProperties138.00M171.00M193.00M200.00M
MachineryFurnitureEquipment907.00M831.00M844.00M896.00M
BuildingsAndImprovements5.00M6.00M6.00M7.00M
LandAndImprovements1.00M1.00M1.00M1.00M
Properties0.000.000.000.00
CurrentAssets1.07B1.25B1.66B1.62B
OtherCurrentAssets95.00M103.00M103.00M87.00M
AssetsHeldForSaleCurrent0.00180.00M0.00184.00M
RestrictedCash10.00M11.00M21.00M16.00M
PrepaidAssets87.00M77.00M70.00M88.00M
Receivables644.00M695.00M783.00M852.00M
OtherReceivables124.00M184.00M178.00M171.00M
TaxesReceivable20.00M18.00M46.00M51.00M
AccountsReceivable500.00M493.00M559.00M630.00M
AllowanceForDoubtfulAccountsReceivable0.000.00
GrossAccountsReceivable630.00M699.00M
CashCashEquivalentsAndShortTermInvestments233.00M366.00M498.00M582.00M
CashAndCashEquivalents233.00M366.00M498.00M582.00M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow-154.00M-106.00M-4.00M-9.00M
RepurchaseOfCapitalStock-25.00M-182.00M-27.00M0.00
RepaymentOfDebt-255.00M-756.00M-41.00M-133.00M
IssuanceOfDebt264.00M80.00M0.0013.00M
CapitalExpenditure-81.00M-56.00M-93.00M-153.00M
EndCashPosition243.00M377.00M519.00M598.00M
BeginningCashPosition377.00M519.00M598.00M420.00M
EffectOfExchangeRateChanges6.00M-10.00M6.00M-8.00M
ChangesInCash-140.00M-132.00M-85.00M186.00M
FinancingCashFlow-39.00M-877.00M-81.00M-131.00M
CashFlowFromContinuingFinancingActivities-39.00M-877.00M-81.00M-131.00M
NetOtherFinancingCharges-13.00M-9.00M-3.00M-1.00M
CashDividendsPaid-10.00M-10.00M-10.00M-10.00M
PreferredStockDividendPaid-10.00M-10.00M-10.00M-10.00M
NetCommonStockIssuance-25.00M-182.00M-27.00M0.00
CommonStockPayments-25.00M-182.00M-27.00M0.00
NetIssuancePaymentsOfDebt9.00M-676.00M-41.00M-120.00M
NetShortTermDebtIssuance100.00M
ShortTermDebtPayments0.00
ShortTermDebtIssuance100.00M
NetLongTermDebtIssuance9.00M-676.00M-41.00M-120.00M
LongTermDebtPayments-255.00M-756.00M-41.00M-133.00M
LongTermDebtIssuance264.00M80.00M0.0013.00M
InvestingCashFlow-28.00M795.00M-93.00M173.00M
CashFlowFromContinuingInvestingActivities-28.00M795.00M-93.00M173.00M
NetBusinessPurchaseAndSale53.00M851.00M0.00326.00M
SaleOfBusiness53.00M851.00M0.00326.00M
PurchaseOfBusiness0.00
NetIntangiblesPurchaseAndSale-22.00M-28.00M-42.00M-61.00M
PurchaseOfIntangibles-22.00M-28.00M-42.00M-61.00M
NetPPEPurchaseAndSale-59.00M-28.00M-51.00M-92.00M
SaleOfPPE0.00
PurchaseOfPPE-59.00M-28.00M-51.00M-92.00M
OperatingCashFlow-73.00M-50.00M89.00M144.00M
CashFlowFromContinuingOperatingActivities-73.00M-50.00M89.00M144.00M
ChangeInWorkingCapital-101.00M-12.00M-138.00M-134.00M
ChangeInOtherWorkingCapital2.00M39.00M1.00M-11.00M
ChangeInOtherCurrentLiabilities-60.00M-11.00M-2.00M-44.00M
ChangeInOtherCurrentAssets-33.00M-60.00M-111.00M-123.00M
ChangeInPayablesAndAccruedExpense-12.00M-14.00M-52.00M-10.00M
ChangeInPayable-52.00M-10.00M23.00M
ChangeInAccountPayable-52.00M-10.00M23.00M
ChangeInReceivables2.00M34.00M26.00M54.00M
ChangesInAccountReceivables2.00M34.00M26.00M54.00M
OtherNonCashItems4.00M6.00M7.00M7.00M
StockBasedCompensation19.00M19.00M19.00M21.00M
ProvisionandWriteOffofAssets0.000.001.00M
AssetImpairmentCharge0.0028.00M287.00M358.00M
DeferredTax-22.00M-5.00M-54.00M9.00M
DeferredIncomeTax-22.00M-5.00M-54.00M9.00M
DepreciationAmortizationDepletion194.00M204.00M264.00M230.00M
DepreciationAndAmortization194.00M204.00M264.00M230.00M
OperatingGainsLosses3.00M-716.00M-165.00M21.00M
GainLossOnInvestmentSecurities5.00M
GainLossOnSaleOfBusiness2.00M-724.00M0.00-165.00M
NetIncomeFromContinuingOperations-170.00M426.00M-296.00M-182.00M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for CNDT
Date User Asset Broker Type Position Size Entry Price Patterns