Cognizant is no longer pitching itself as just an information technology (IT) company, it is now an AI builder, with nearly 30 percent of its code generated by machines, agentic automation moving into production, and a fresher-heavy workforce being trained to engineer software alongside AI.

The shift comes amid its strongest sequential growth since 2022 in the third quarter, leading the Nasdaq-listed IT major to raise its full-year revenue and margin outlook. Investors cheered the performance and pivot by sending the stock price up 6 percent.

The company reported a beat of Street estimates on the revenue front, marking its fifth consecutive quarter of year-on-year revenue expansion.

CEO Ravi Kumar S said, while addressing a press conference after declaring the results on October 29, t

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