Cognizant's DyFlex Acquisition to Likely Boost SAP, AI Capabilities, Wedbush Says

11:33 AM EDT, 10/22/2026 (MT Newswires) -- Cognizant Technology Solutions' (CTSH) planned acquisition of DyFlex Solutions is a "lower-risk" capability deal that is expected to strengthen its SAP and artificial intelligence offerings while expanding its presence in Australia and New Zealand, Wedbush said in a report Thursday. The acquisition supports Cognizant's "AI Builder" strategy by adding DyFlex's SAP expertise and "proprietary accelerators" to Cognizant's enterprise platform and AI offerings, according to the report. The firm said the deal will not be "incremental" to fiscal 2026 revenue but could drive some top-line revenue in fiscal 2027, adding that its expansion across underpenetrated regions and industries should be a "net positive over time." Wedbush maintained an outperform rating on Cognizant with a price target of $70. Price: 72.22, Change: +2.67, Percent Change: +3.84