Conduent Stock Sees Q4 Earnings Forecast Lifted at Sidoti
Sidoti has raised its Q4 2027 EPS estimate for Conduent to $0.05 from $0.04, despite the company's full-year consensus earnings forecast remaining negative at $0.37 per share. Conduent's recent quarterly performance fell short of expectations, reporting a $0.18 per-share loss against a $0.17 consensus loss and revenue of $531 million compared to a $702 million estimate. The stock currently holds an overall "Hold" rating, with institutional investors owning 77.28% of the company.
Conduent Unveils ASCEND Plan: AI Push, Divestitures and 10% Margin Target
Conduent (CNDT) has introduced its ASCEND 2026-2028 strategy, focusing on divesting its transportation businesses, implementing cost reductions, and enhancing commercial and government operations, with a strong emphasis on artificial intelligence. The company aims for an adjusted EBITDA margin of 10% by 2028 and plans to use divestiture proceeds to reduce debt. This strategic shift positions Conduent as an "AI-led, technology-enabled" business-process-services partner.
Conduent Unveils ASCEND Plan: AI Push, Divestitures and 10% Margin Target
Conduent (NASDAQ: CNDT) has announced its ASCEND 2026-2028 strategy, focusing on divesting transportation businesses for $234 million, implementing AI-driven productivity gains, and targeting significant cost reductions. The plan aims for an adjusted EBITDA margin of approximately 10% by 2028 and a return to low-to-mid-single-digit revenue growth after 2027. Conduent plans to use the divestiture proceeds primarily to reduce debt and reduce its off-balance-sheet exposures.
Conduent Completes $164 Million Public Transit Business Sale to Modaxo
Conduent Incorporated has completed the sale of its Public Transit Business to Modaxo for $164 million, marking another step in its strategy to exit the transportation segment and focus on its Commercial and Government operations. This divestiture includes Conduent's Transit Fare Management and Fleet Management Solutions and precedes the anticipated sale of its Tolling business to Quarterhill Inc. The move aims to simplify Conduent's portfolio, strengthen its financial position, and create a more focused company for long-term value.
Conduent completes sale of public transit unit for $164 million
Conduent Incorporated has finalized the sale of its Public Transit Business to Modaxo for a base purchase price of $164 million, subject to customary adjustments. This divestiture includes transit fare and fleet management operations across multiple continents and is part of Conduent's strategy to streamline its portfolio and concentrate on core businesses. The company also plans to complete the sale of its Tolling business by the end of 2026, which will fully exit its Transportation segment.
Battle over $1.7B contract to run New Jersey’s E-ZPass ends up in court
A legal battle is underway in New Jersey appellate court over a $1.7 billion contract to operate the state's E-ZPass system. Conduent, the previous contractor, is challenging the award to rival TransCore, arguing the bidding process was flawed and raising concerns about TransCore's ownership disclosures. The Turnpike Authority defends its decision, questioning Conduent's standing given its recent sale of its electronic tolling business.
Conduent Completes $164 Million Sale of Public Transit Unit to Modaxo
Conduent Incorporated has successfully completed the sale of its Public Transit business unit to Modaxo for $164 million. This move is part of Conduent's strategic realignment, focusing on its core business process solutions. The sale was published on October 1, 2026, and the company has been active in other strategic moves and announcements around this period.
Conduent Outlines Three-Year Path to Consistent Growth and Profitable Performance at Investor Day
Conduent recently held an Investor Day, detailing a three-year strategic plan aimed at achieving consistent growth and profitable performance. The company highlighted its focus on delivering value to clients, improving operational efficiency, and leveraging its portfolio of business process solutions. This initiative is designed to enhance shareholder value through targeted investments and optimized business practices.
Conduent (CNDT) Unveils ASCEND 2026-28 Growth Strategy at Invest
Conduent (CNDT) presented its ASCEND 2026-28 growth strategy at an Investor Day, focusing on operational standardization, core solution specialization, and scaled market engagement to improve profitability. Despite the stock appearing undervalued based on its Price-to-Sales ratio, the company remains unprofitable, leading to market skepticism. Insider and guru buying activity suggests some investors see potential in the new strategic direction, warranting close monitoring of its execution.
Conduent unveils ASCEND growth strategy through 2028
Conduent Incorporated has announced its ASCEND 2026-28 growth strategy, focusing on standardizing operations, specializing in core solutions, and scaling go-to-market capabilities. The plan emphasizes leveraging AI and automation to expand in healthcare and financial operations, aligning resources with priority industries and client growth. This strategy aims to strengthen and simplify operations across its global footprint.
Conduent Announces Investor Day Event and Files Regulation FD 8-K Disclosure
Conduent Incorporated filed a Form 8-K on September 30, 2026, announcing it hosted an investor day where President and CEO Harsha V. Agadi and the executive team outlined the company's long-term strategy and growth prospects. The filing included details about the event, its presentation which contained non-GAAP financial measures, and highlighted risks associated with pending divestitures. The company also emphasized that the financial outlook presented should not be considered a prediction of future events due to inherent uncertainties.
With a $120M annual savings target, Conduent (CNDT) expects to turn free cash flow positive.
Conduent (CNDT) presented its ASCEND 2026–28 framework at Investor Day, outlining a plan to achieve positive free cash flow by 2028. This strategy includes a $120 million annual cost-efficiency target and divestitures expected to generate $234 million in gross proceeds. The company projects revenue of $2.25–$2.35 billion and Adjusted EBITDA of $210–$250 million with a 9.3%–10.6% margin in 2028, driven by operational standardization, specialization in core solutions, and scaling go-to-market efforts.
Conduent to Host Investor Day on September 30, 2026
Conduent Incorporated announced it will host an Investor Day on September 30, 2026, at The Pierre Hotel in New York City. CEO Harsha V. Agadi and the executive team will present the company's long-term strategy, portfolio priorities, and growth opportunities. A live webcast and presentation slides will be available on the company's investor relations website, with a replay accessible for 90 days.
Conduent to Host Investor Day on September 30, 2026
Conduent Incorporated announced it will host an Investor Day on September 30, 2026, at The Pierre Hotel in New York City. The event will feature presentations from CEO Harsha V. Agadi and the executive leadership team, covering the company's long-term strategy, portfolio priorities, and growth opportunities. A live webcast will be available for public viewing, and presentation materials will be posted online.
Conduent stock holds its listing as market data reset expectations
Conduent stock maintains its Nasdaq listing as of September 22, 2026, with the ticker CNDT. The article emphasizes the importance of distinguishing between current market valuations and period-specific operating results for investors. The next financial update will be crucial for refreshing the market's assessment of the company's revenue, earnings, and cash flow.
Texas Supreme Court Hears Why Conduent Says Dentists Can’t Sue Over Medicaid Ortho Debacle
The Texas Supreme Court is reviewing a case involving Conduent (formerly ACS/Xerox) and dentists who allege harm from the company's handling of Medicaid orthodontic prior authorizations. Dentists claim Conduent failed to perform proper reviews, leading to payment holds and fraud allegations, and are seeking compensation. Conduent argues for legal protection due to state control over its work, despite a previous $235.9 million settlement with the state, while dentists' attorney argues Conduent was an independent contractor.
Conduent Inc (4C0) Q1 2025 Earnings Report - Results, Call & Slides
Conduent Inc (4C0) reported its Q1 2025 earnings, beating EPS consensus but missing revenue expectations. The company recorded an actual EPS of -CHF0.11 against a consensus of -CHF0.13, while actual revenue was CHF611.37M, missing the expected CHF633.63M. Conduent's next earnings report is estimated for November 4, 2026.
Conduent Names Narayanan Sundaresan Chief Information and Technology Officer
Conduent Incorporated has appointed Narayanan Sundaresan as its new Chief Information and Technology Officer, effective September 14, 2026. Sundaresan brings over 28 years of experience in enterprise technology and digital transformation, with a focus on AI-powered initiatives, modernizing platforms, and strengthening cybersecurity. In his new role, he will lead Conduent's global technology organization, accelerating AI adoption and ensuring a secure, reliable, and scalable technology foundation for the company's growth and client operations.
Business solutions major Conduent names Narayanan Sundaresan CTO
Conduent Incorporated has appointed Indian American technology leader Narayanan Sundaresan as Chief Information and Technology Officer. Sundaresan will lead the company's global technology organization and strategy, focusing on modernizing operations, scaling innovation, and accelerating the adoption of AI-powered capabilities. He brings over 28 years of experience in enterprise technology and digital transformation initiatives.
Conduent names Narayanan Sundaresan as technology chief By Investing.com
Conduent Incorporated has appointed Narayanan Sundaresan as its Chief Information and Technology Officer, effective immediately. Sundaresan brings 28 years of experience in enterprise technology and digital transformation, and will lead Conduent's global technology strategy, focusing on integrating artificial intelligence. This appointment aims to accelerate innovation and enhance client outcomes for the business solutions and services company.
Conduent Names Narayanan Sundaresan Chief Information and Technology Officer
Conduent Incorporated has appointed Narayanan Sundaresan as Chief Information and Technology Officer, effective September 14, 2026. Sundaresan brings over 28 years of experience in enterprise transformation and AI innovation, and will lead Conduent's global technology organization and strategy. His focus will be on accelerating AI adoption and strengthening the company's technology infrastructure to enhance client outcomes and drive growth.
Conduent Names Narayanan Sundaresan Chief Information and Technology Officer
Conduent Incorporated has appointed Narayanan Sundaresan as Chief Information and Technology Officer, effective September 14, 2026. Sundaresan brings over 28 years of experience in enterprise technology and digital transformation, with a focus on AI-powered business transformation and strengthening cybersecurity. In his new role, he will lead Conduent's global technology organization, aiming to accelerate AI adoption and ensure a secure, scalable technology foundation for clients and operations.
Conduent Renews 164,095-Square-Foot Lease at 66-70 Broadway in Lynnfield
Conduent Inc. has renewed its lease for 164,095 square feet at 66-70 Broadway in Lynnfield, Massachusetts, extending a nearly three-decade relationship with the property owner, Combined Properties Inc. The renewed lease encompasses a mix of office, production, and warehouse space, a unique offering in the North Shore commercial real estate market. This ensures Conduent's continued presence at the complex where it and its predecessors have been tenants since 1996.
Conduent (NASDAQ: CNDT) ties executive stock award to share-price targets
Conduent (NASDAQ: CNDT) has granted its EVP and General Counsel, Anna Rose Novoseletsky, significant equity awards, including 145,348 Restricted Stock Units (RSUs) and 72,674 Performance Restricted Stock Units (PRSUs). The PRSUs are particularly noteworthy as their vesting is tied to specific share-price targets ranging from $2.50 to $5.00 per share, alongside a continued service condition through August 31, 2029. This compensation structure aims to align executive incentives with long-term shareholder value creation.
Conduent (NASDAQ: CNDT) govt solutions chief holds 182K in equity-based units
Anna Sever, President of Government Solutions at Conduent (NASDAQ: CNDT), has reported beneficial ownership of 182,282 equity-based units. These holdings include common stock, time-based Restricted Stock Units (RSUs), and performance-based PRSUs with vesting conditions tied to the company's relative total shareholder return against a peer group. The filing provides a detailed breakdown of her equity interests and their respective vesting schedules and performance metrics.
CONDUENT Inc Terminates 4.9% Ownership-Related Shareholders Agreement (NASDAQ: CNDT)
CONDUENT Inc has terminated its Shareholders Agreement after determining that the condition for Scott Letier's resignation, tied to a 4.9% ownership threshold, was met. This termination follows the death of Darwin A. Deason, whose rights under the agreement were non-transferable, and results in new leadership appointments for four key board committees. Letier has also departed from the board.
Angel Commercial represents Wilton Pottery in 3,790 s/f lease
Angel Commercial, LLC, with Senior Vice President Eva Kornreich, represented Wilton Pottery in leasing 3,790 square feet of retail space at Town Green in Wilton, CT. Wilton Pottery, founded by ceramic artist Domingo Olavarria, offers pottery classes and studio access, aiming to enhance the vitality of downtown Wilton. This lease highlights a trend of experience-based businesses filling the void left by shrinking office space needs.
Conduent Named Leader in NelsonHall's 2026 HR Transformation Services NEAT Assessment for the Tenth Consecutive Time
Conduent has been recognized as a Leader in NelsonHall's 2026 HR Transformation Services NEAT Assessment for the tenth consecutive time, specifically in the Experience & Engagement market segment. This recognition highlights Conduent's AI-powered approach to enhancing employee experiences, simplifying HR processes, and reducing the need for live agents through innovations like its GenAI virtual assistant, Conni, and the Life@Work® Connect platform. The assessment acknowledges Conduent's deep HR expertise combined with advanced technology to deliver measurable business outcomes and improved employee engagement.
Miller Value Partners LLC Makes New $18.96 Million Investment in Conduent Inc. $CNDT
Miller Value Partners LLC has acquired a new stake of 12.99 million shares in Conduent Inc. (NASDAQ:CNDT) valued at $18.96 million, making it their 8th largest position. This investment represents 8.35% of Conduent and 4.5% of Miller Value Partners' portfolio. Conduent recently missed analyst estimates for its quarterly earnings and revenue, reporting a loss of $0.18 per share and $531 million in revenue.
Conduent Reports Second Quarter 2026 Results and Advances Transformation Priorities
Conduent announced its second-quarter 2026 financial results, highlighting significant progress in its transformation, including divestitures expected to generate $234 million and a 7% equity interest in its Tolling buyer. The company is simplifying its organization, strengthening financial discipline, and implementing a $100 million annualized cost-savings program. Despite a decrease in Q2 2026 revenue to $531 million and an adjusted EBITDA of $16 million from continuing operations, Conduent is investing in AI-powered technology and new contract wins to drive future growth.
JB Capital Partners LP Acquires Shares of 1,113,061 Conduent Inc. $CNDT
JB Capital Partners LP has acquired a new stake of 1,113,061 shares in Conduent Inc. (NASDAQ:CNDT), valued at approximately $1.63 billion, representing a 0.72% ownership. Despite this significant institutional investment, Conduent's recent quarterly results missed analyst expectations for both EPS and revenue, and analyst ratings for the company remain mixed, with an overall "Hold" consensus. A large portion of Conduent's stock, 77.28%, is held by hedge funds and other institutional investors.
5,036,595 Shares in Conduent Inc. $CNDT Acquired by Blue Owl Capital Holdings LP
Blue Owl Capital Holdings LP recently acquired 5,036,595 shares of Conduent Inc. (NASDAQ:CNDT), valued at approximately $7.35 million, representing about 3.25% of the company and making it Blue Owl's 18th-largest portfolio position. Despite this significant institutional investment, Conduent reported disappointing quarterly results with a wider-than-expected EPS loss and lower revenues. Analyst sentiment is mixed, with the stock currently holding a "Hold" consensus rating.
Conduent Incorporated Collaborates with Google Cloud to Expand Enterprise Ai Strategy and Deliver Genai-Powered Ediscovery Solution
Conduent Incorporated is partnering with Google Cloud to enhance its enterprise AI strategy, integrating Google's Gemini models into its Viewpoint platform. This collaboration aims to embed Generative AI across Conduent's technology to modernize complex workflows, improving speed, quality, and operational efficiency, particularly in eDiscovery and data breach response. The GenAI-powered "Enhanced Review" feature within Viewpoint promises faster insights, reduced costs (30-60%), and improved accuracy for legal teams.
Conduent stock rises on Google Gemini AI integration
Conduent Inc. (NASDAQ: CNDT) shares rose 3.1% after the company announced the integration of Google’s Gemini models into its Viewpoint legal eDiscovery platform. This collaboration expands Conduent's enterprise AI strategy, aiming to reduce costs and accelerate data review for corporate legal departments through generative AI capabilities. The technology is expected to deliver a 30-60% reduction in document analysis effort and will be extended to areas like contract analytics and investigations.
Conduent stock rises on Google Gemini AI integration
Conduent Inc. (NASDAQ:CNDT) shares rose by 3.1% after the company announced the integration of Google’s Gemini models into its Viewpoint legal eDiscovery platform. This collaboration aims to enhance enterprise AI strategy, allowing legal departments to process larger data volumes more efficiently and reduce costs. The new AI-powered capabilities are expected to reduce document analysis effort by 30-60% and will extend to other legal workflows like contract analytics.
Conduent Collaborates with Google Cloud to Expand Enterprise AI Strategy and Deliver GenAI-Powered eDiscovery Solution
Conduent Incorporated is expanding its enterprise AI strategy by partnering with Google Cloud to integrate Gemini models into its Viewpoint™ platform, aiming to enhance legal compliance and analytics. This collaboration introduces GenAI-powered capabilities like Enhanced Review to accelerate eDiscovery, reduce costs, and improve defensibility for corporate legal departments. The initiative seeks to transform complex legal workflows, offering faster insights and improved accuracy across various legal processes.
Conduent (CNDT) EVP Novoseletsky reports holding no common stock
Conduent Inc. (CNDT) EVP, GC & Secretary Anna Rose Novoseletsky filed an initial statement of beneficial ownership (Form 3) indicating she holds 0 shares of common stock directly. The filing, reported on August 18, 2026, shows no buy or sell transactions. This is an initial disclosure of her direct holdings at the company.
Conduent (CNDT) Q2 2026 Earnings Call Transcript
Conduent (NASDAQ: CNDT) reported its Q2 2026 earnings, detailing a revenue decline of 11.9% and a decrease in Adjusted EBITDA due to contract losses and volume declines. Despite the financial setbacks, the company highlighted progress on strategic priorities including a $100 million annualized cost-savings program, the divestiture of its transit and tolling businesses for $234 million, and strong pipeline growth. Management emphasized the role of AI in improving operational efficiency and fraud prevention, alongside a strategic shift towards higher-value opportunities and international market expansion.
Quarterhill to buy Conduent’s tolling business for $70m
Quarterhill is set to acquire Conduent Transportation’s tolling business for $70 million, following Conduent's previous divestitures of its public transit, kerbside management, and parking businesses. This acquisition, which includes operations in the US and UK covering various tolling services, aims to simplify Conduent's portfolio and strengthen Quarterhill's intelligent transportation systems (ITS) platform. The deal is expected to close by the end of the year, with Conduent also receiving a 7% interest in Quarterhill.
Wells Fargo, Conduent Settle NM Debit Card Fraud Suit
Wells Fargo and third-party contractor Conduent have settled a proposed class action lawsuit in New Mexico. The suit involved New Mexico residents who alleged that the companies mishandled fraud reports concerning their state-issued debit cards. Settlements have been reached, leading to the discontinuation of the case.
Conduent Incorporated (NASDAQ:CNDT) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Conduent Incorporated (NASDAQ:CNDT) missed its second-quarter earnings expectations, reporting a wider statutory loss and lower revenue than forecast. Analysts have significantly cut their revenue estimates for 2026 and increased their loss per share forecasts, leading to a 9.1% reduction in the average price target. The company's projected revenue decline is expected to be much steeper than the broader industry's anticipated growth.
Conduent (CNDT) Stock Faces Margin Strain As Losses Deepen
Conduent (CNDT) reported Q2 2026 earnings showing deepening losses and significant margin strain, with revenue declining 11.9% year-on-year and adjusted EBITDA margin compressing to ~3%. The company faces challenges from declining commercial revenue and ongoing contract losses, although a cost savings program and growing qualified pipeline offer potential future improvements. The article questions whether these issues are temporary growing pains or indicative of a tougher long-term earnings model.
Conduent Inc (CNDT) (Q2 2026) Earnings Call Highlights: Revenue Declines 11. ...
Conduent Inc. (CNDT) reported a revenue decline of 11.9% year-over-year in Q2 2026, reaching $531 million, with adjusted EBITDA falling to $16 million. Despite these declines, the company completed the sale of its Transit and Tolling businesses, improving its cash position and increasing its qualified new business pipeline by 11% to approximately $3 billion. Conduent is also making progress on a $100 million annualized cost savings program and leveraging AI to enhance operational efficiency and client value.
Earnings call transcript: Conduent posts mixed Q2 2026 results as stock falls
Conduent reported mixed second-quarter 2026 results, beating earnings estimates but missing revenue forecasts significantly, leading to a stock drop. The company is undergoing a transformation with cost-cutting measures, portfolio optimization, and increased focus on AI-driven efficiencies, aiming for mid to higher double-digit margins in its commercial and government segments. Despite a revenue shortfall, management expressed optimism about long-term growth and debt reduction after recent divestitures, with an Investor Day planned to outline future strategy.
Conduent (CNDT) Reports Q2 Loss, Misses Revenue Estimates
Conduent (CNDT) reported a Q2 loss of $0.18 per share, missing the Zacks Consensus Estimate of a $0.14 loss, and its revenues of $531 million also fell short of estimates by 24.36%. The company has consistently missed revenue estimates over the last four quarters, and its shares have underperformed the S&P 500 year-to-date. Conduent currently holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market in the near future.
Conduent Reports Second Quarter 2026 Results and Advances Transformation Priorities
Conduent Incorporated announced its second-quarter 2026 financial results, highlighting significant progress in its transformation strategy, including portfolio optimization through divestitures expected to generate $234 million. The company reported $531 million in revenue from continuing operations and an adjusted EBITDA of $16 million. Conduent is also investing in technology, including AI, and expanding its business through new contract wins and renewals, while providing a full-year 2026 outlook.
Conduent Reports Q2 2026 Results, Announces $234 Million in Divestiture Proceeds and Raises Full-Year Outlook
Conduent Incorporated reported its Q2 2026 financial results, revealing $531 million in revenue from continuing operations and a pre-tax loss of $57 million. The company announced $234 million in divestiture proceeds, exceeding its initial commitment, which will be used to reduce debt. Conduent also highlighted ongoing organizational transformation, investments in AI, and an increased full-year revenue outlook for 2026 to between $2,150 million and $2,250 million.
Conduent Reports Second Quarter 2026 Results and Advances Transformation Priorities
Conduent Incorporated announced its second quarter 2026 financial results, highlighting significant progress in its transformation priorities including simplifying the organization, strengthening financial discipline, and implementing a cost-savings program. The company reported $531 million in revenue from continuing operations and signed divestitures expected to generate $234 million in gross proceeds, which will primarily be used to reduce debt. Conduent also noted encouraging momentum in new business signings and investments in AI-powered technology and next-generation Medicaid platforms, positioning it for future growth and improved financial performance.
CONDUENT Inc 2026: Revenue $531M, EPS ($0.76) — 10-Q Summary
CONDUENT Inc (CNDT) reported its Q2 2026 results, showing a revenue of $531M, an 11.9% year-over-year decline, and a widened net loss of ($116M) or ($0.76) per diluted share. The company is undergoing a transformation, including the sale of its Transit and Tolling businesses and a new restructuring program aimed at $100M in annual savings. They also secured a large commercial healthcare expansion and restored systems after a cyber event.
Conduent (NASDAQ: CNDT) Q2 2026 revenue falls 11.9% as losses widen but cash flow improves
Conduent (NASDAQ: CNDT) reported a significant decline in Q2 2026 revenue from continuing operations by 11.9% to $531 million, leading to a wider GAAP net loss of $116 million. Despite these setbacks, the company's operating cash flow improved to $7 million from a negative $15 million in the prior year. Conduent is executing a transformation strategy, including divesting its Public Transit and Tolling businesses for an expected $234 million to reduce debt, and aims for positive free cash flow in 2027.
