Conduent, Inc. (CNDT)

Conduent's stock price has been impacted by several events in the past six months. Q3 2025 earnings were reported on November 7, 2025, with an EPS of -$0.09, missing analysts' expectations. Revenues for Q3 2025 were $767 million, also missing estimates and declining from the previous year, partly due to divestitures. The stock declined significantly following this announcement. Q1 2025 revenue was reported at $751 million, down from $921 million in the previous year. The company will announce its Q4 and full-year 2025 financial results on February 12, 2026. The stock has seen a substantial decline since the beginning of 2025. As of February 5, 2026, the share price was $1.38, a significant decline from the previous year, with a 52-week low of $1.33.

Within Conduent's Commercial segment, the healthcare claims and administration business line experiences stronger demand in the first and fourth quarters of the year, correlating with open enrollment periods for healthcare services.

Conduent Incorporated is a global technology-led business process solutions and services company operating in the Technology sector, specifically within the Information Technology Services industry. Conduent operates across three segments: Commercial, Government, and Transportation, providing digital platforms for businesses and governments. The Commercial segment offers business process services and customized solutions. The Government segment delivers government-centric business process services. The Transportation segment provides systems, support, and revenue-generating solutions to government transportation agencies.

Conduent's operations span the United States, Europe, and internationally. Approximately 40% of its global team is located in North America, with the remaining personnel primarily situated in delivery centers across Asia Pacific, Latin America, the Caribbean, and Europe.

Conduent has received positive recognition, being named a leader in the 2024 ISG Provider Lens for Customer Experience Services and the NelsonHall Healthcare Payer Operations Transformation Assessment, and recognized as a 2024 Supplier of the Year by General Motors. Conduent's Net Promoter Score (NPS) has increased since 2017. However, Conduent's brand reputation was significantly impacted by a major data breach between October 2024 and January 2025, affecting over 25 million individuals. The breach involved the theft of sensitive personal data, leading to reputation damage, breach notifications, identity protection offers, and lawsuits. Conduent anticipates incurring approximately $25 million in data breach costs by Q1 2026.

Conduent has a diverse ownership structure, with 346 institutional owners and shareholders holding a total of 127,596,547 shares. Major institutional owners include Neuberger Berman Group LLC, BlackRock, Inc., Dimensional Fund Advisors Lp, and Vanguard Group Inc. Carl C. Icahn is a notable individual owner, holding 48,128,712 shares, representing 31.48% of the company.