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CONDUENT Inc (CNDT) Stock Fundamental Analysis & AI Rating 2026

CNDT Nasdaq Services-Business Services, NEC NY CIK: 0001677703
Updated This Month • Analysis: Mar 22, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
90% Confidence
AGREEMENT
STRONG SELL
92% Conf
SELL
87% Conf

📊 CNDT Key Takeaways

Revenue: $3.0B
Net Margin: -5.6%
Free Cash Flow: $-132.0M
Current Ratio: 1.57x
Debt/Equity: 1.01x
EPS: $-1.14
AI Rating: STRONG SELL with 92% confidence
CONDUENT Inc (CNDT) receives a SELL rating with 90% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.0B, net profit margin of -5.6%, and return on equity (ROE) of -24.8%, CONDUENT Inc demonstrates mixed fundamentals in the Services sector. Below is our complete CNDT stock analysis for 2026.

Is CONDUENT Inc (CNDT) a Good Investment?

Claude

Conduent is in severe financial distress with negative profitability across all metrics, negative free cash flow of -$132M, and deteriorating operational performance. The company is burning cash operationally while maintaining high debt levels relative to equity, creating unsustainable financial strain with no clear path to profitability.

ChatGPT

Conduent's fundamentals are weak: revenue is flat while operating and net margins remain negative, indicating the business is not converting its scale into sustainable profitability. Cash generation is also poor, with negative operating cash flow and negative free cash flow, which raises concern about balance sheet pressure if losses persist. Liquidity is still adequate, but the current financial profile suggests stabilization and margin recovery are necessary before the fundamentals improve materially.

Why Buy CONDUENT Inc Stock? CNDT Key Strengths

Claude
  • + Adequate liquidity with current ratio of 1.57x and $233M cash reserves providing near-term operational runway
  • + Stable revenue base at $3.0B with no year-over-year decline despite operational challenges
  • + Positive gross margin of 25.1% demonstrates underlying business unit profitability potential before overhead
ChatGPT
  • + Adequate near-term liquidity with a 1.57x current ratio and 1.51x quick ratio
  • + Meaningful gross profit base with a 25.1% gross margin
  • + Positive equity base and asset coverage provide some balance sheet flexibility

CNDT Stock Risks: CONDUENT Inc Investment Risks

Claude
  • ! Negative operating cash flow of -$73M indicates core business cannot fund operations, forcing reliance on balance sheet depletion
  • ! Net margin of -5.6% and operating margin of -5.3% show systematic unprofitability with negative ROE of -24.8% destroying shareholder value
  • ! Debt-to-equity ratio of 1.01x combined with negative interest coverage of -3.3x creates solvency risk; company cannot service debt from operations
  • ! Free cash flow of -$132M severely negative while still investing $59M in capex suggests operational model is fundamentally broken
  • ! Negative ROA of -7.1% indicates deteriorating asset utilization and potential asset impairment risk
ChatGPT
  • ! Negative operating margin and net margin show ongoing core earnings weakness
  • ! Negative operating cash flow and free cash flow indicate poor cash conversion
  • ! Debt load is meaningful relative to equity, while negative interest coverage signals weak debt servicing capacity

Key Metrics to Watch

Claude
  • * Operating cash flow trajectory - must turn positive to avoid liquidity crisis
  • * Operating margin improvement - needs to reach breakeven minimum to be viable
  • * Free cash flow sustainability - current -$132M burn rate is unsustainable with current cash reserves
  • * Debt refinancing ability and covenant compliance - elevated leverage with negative earnings increases default risk
ChatGPT
  • * Operating margin trend
  • * Operating cash flow and free cash flow

CONDUENT Inc (CNDT) Financial Metrics & Key Ratios

Revenue
$3.0B
Net Income
$-170.0M
EPS (Diluted)
$-1.14
Free Cash Flow
$-132.0M
Total Assets
$2.4B
Cash Position
$233.0M

💡 AI Analyst Insight

CONDUENT Inc presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

CNDT Profit Margin, ROE & Profitability Analysis

Gross Margin 25.1%
Operating Margin -5.3%
Net Margin -5.6%
ROE -24.8%
ROA -7.1%
FCF Margin -4.3%

CNDT vs Services Sector: How CONDUENT Inc Compares

How CONDUENT Inc compares to Services sector averages

Net Margin
CNDT -5.6%
vs
Sector Avg 10.0%
CNDT Sector
ROE
CNDT -24.8%
vs
Sector Avg 16.0%
CNDT Sector
Current Ratio
CNDT 1.6x
vs
Sector Avg 1.5x
CNDT Sector
Debt/Equity
CNDT 1.0x
vs
Sector Avg 0.7x
CNDT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is CONDUENT Inc Stock Overvalued? CNDT Valuation Analysis 2026

Based on fundamental analysis, CONDUENT Inc shows some fundamental concerns relative to the Services sector in 2026.

Return on Equity
-24.8%
Sector avg: 16%
Net Profit Margin
-5.6%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.01x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

CONDUENT Inc Balance Sheet: CNDT Debt, Cash & Liquidity

Current Ratio
1.57x
Quick Ratio
1.51x
Debt/Equity
1.01x
Debt/Assets
65.5%
Interest Coverage
-3.33x
Long-term Debt
$691.0M

CNDT Revenue & Earnings Growth: 5-Year Financial Trend

CNDT 5-year financial data: Year 2021: Revenue $4.5B, Net Income -$1.9B, EPS $-9.29. Year 2022: Revenue $4.2B, Net Income -$118.0M, EPS $-0.61. Year 2023: Revenue $4.1B, Net Income -$28.0M, EPS $-0.18. Year 2024: Revenue $3.9B, Net Income -$182.0M, EPS $-0.89. Year 2025: Revenue $3.7B, Net Income N/A, EPS $-1.41.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: CONDUENT Inc's revenue has declined by 17% over the 5-year period, indicating business contraction. The most recent EPS of $-1.41 indicates the company is currently unprofitable.

CNDT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-4.3%
Free cash flow / Revenue

CNDT Quarterly Earnings & Performance

Quarterly financial performance data for CONDUENT Inc including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $767.0M -$46.0M $-0.30
Q2 2025 $754.0M -$40.0M $-0.26
Q1 2025 $751.0M -$51.0M $-0.33
Q3 2024 $807.0M $123.0M $0.72
Q2 2024 $828.0M -$7.0M $-0.04
Q1 2024 $921.0M -$6.0M $-0.04
Q3 2023 $932.0M $15.0M $0.06
Q2 2023 $915.0M N/A $-0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

CONDUENT Inc Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$73.0M
Cash generated from operations
Stock Buybacks
$25.0M
Shares repurchased (TTM)
Capital Expenditures
$59.0M
Investment in assets
Dividends Paid
$5.0M
Returned to shareholders

CNDT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for CONDUENT Inc (CIK: 0001677703)

📋 Recent SEC Filings

Date Form Document Action
Apr 3, 2026 4 xslF345X06/wk-form4_1775245280.xml View →
Apr 3, 2026 4 xslF345X06/wk-form4_1775244953.xml View →
Apr 3, 2026 4 xslF345X06/wk-form4_1775244671.xml View →
Apr 3, 2026 4 xslF345X06/wk-form4_1775244536.xml View →
Apr 3, 2026 DEF 14A cndt-20260403.htm View →

Frequently Asked Questions about CNDT

What is the AI rating for CNDT?

CONDUENT Inc (CNDT) has a Combined AI Rating of SELL from Claude (STRONG SELL) and ChatGPT (SELL) with 90% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are CNDT's key strengths?

Claude: Adequate liquidity with current ratio of 1.57x and $233M cash reserves providing near-term operational runway. Stable revenue base at $3.0B with no year-over-year decline despite operational challenges. ChatGPT: Adequate near-term liquidity with a 1.57x current ratio and 1.51x quick ratio. Meaningful gross profit base with a 25.1% gross margin.

What are the risks of investing in CNDT?

Claude: Negative operating cash flow of -$73M indicates core business cannot fund operations, forcing reliance on balance sheet depletion. Net margin of -5.6% and operating margin of -5.3% show systematic unprofitability with negative ROE of -24.8% destroying shareholder value. ChatGPT: Negative operating margin and net margin show ongoing core earnings weakness. Negative operating cash flow and free cash flow indicate poor cash conversion.

What is CNDT's revenue and growth?

CONDUENT Inc reported revenue of $3.0B.

Does CNDT pay dividends?

CONDUENT Inc pays dividends, with $5.0M distributed to shareholders in the trailing twelve months.

Where can I find CNDT SEC filings?

Official SEC filings for CONDUENT Inc (CIK: 0001677703) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is CNDT's EPS?

CONDUENT Inc has a diluted EPS of $-1.14.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is CNDT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, CONDUENT Inc has a SELL rating with 90% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is CNDT stock overvalued or undervalued?

Valuation metrics for CNDT: ROE of -24.8% (sector avg: 16%), net margin of -5.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy CNDT stock in 2026?

Our dual AI analysis gives CONDUENT Inc a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is CNDT's free cash flow?

CONDUENT Inc's operating cash flow is $-73.0M, with capital expenditures of $59.0M. FCF margin is -4.3%.

How does CNDT compare to other Services stocks?

Vs Services sector averages: Net margin -5.6% (avg: 10%), ROE -24.8% (avg: 16%), current ratio 1.57 (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 22, 2026 | Data as of: 2025-12-31 | Powered by Claude AI