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Cigniti Technologies Share Price Target 2024, 2025, 2026 to 2039 With Charts
Cigniti Technologies Limited | |||
 | Symbol: CIGNITITEC | ||
| Price: ₹1,372.94 | |||
| Exchange: NSE | |||
| Technology -> Information Technology Services | |||
Show Table of Contents
Table of Contents
- 1: Cigniti Technologies Brief Company Overview
- 1.1: Cigniti Technologies Limited: Overview
- 1.2: Cigniti Technologies Financial Performance
- 1.2.1: Is Cigniti Technologies A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Cigniti Technologies Share Price Target For 2024
- 2.1.1: Cigniti Technologies Share Price Target Table For 2024
- 2.1.2: Summary: Cigniti Technologies Share Price Prediction For 2024
- 2.2: Cigniti Technologies Share Price Target For 2025
- 2.2.1: Cigniti Technologies Share Price Target Table For 2025
- 2.2.2: Summary: Cigniti Technologies Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Cigniti Technologies Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Cigniti Technologies Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Cigniti Technologies Past Performance
Cigniti Technologies Brief Company Overview
Cigniti Technologies Limited: Overview
Cigniti Technologies Limited is a leading provider of software testing services worldwide. Founded in 1998, the company offers a comprehensive range of digital assurance solutions and quality engineering services to clients across various industries. Headquartered in Hyderabad, India, Cigniti has established a strong reputation as a trusted partner for businesses seeking to enhance their software quality and performance.
- Key Services: Digital assurance (AI, IoT, blockchain, big data, mobile testing), test management, robotic process automation, cloud migration assurance, 5G assurance, DevOps testing, functional testing, performance testing, security testing, and crowdsourced testing.
- Diverse Industries Served: Cigniti caters to a wide range of sectors, including airlines, banking, communications, energy, healthcare, insurance, manufacturing, retail, and travel.
- Commitment to Excellence: The company is committed to delivering high-quality testing services through its experienced team of engineers and proven methodologies.
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Cigniti Technologies Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,857.09 Crore | Market valuation of Cigniti Technologies's shares. |
| Revenue (TTM) | 1,891.32 Crore | Total revenue generated by Cigniti Technologies over the past twelve months. |
| Net Income (TTM) | +138.62 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 11.12% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 7.33% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | +10.5% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +15.4% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 3.28 | Company's total debt divided by total shareholder equity. |
| Total Debt | 26.6 Crore | Sum of Cigniti Technologies's current & long-term financial obligations. |
| Total Cash | 420.16 Crore | Total amount of liquid funds available to Cigniti Technologies. |
| Beta | 0.18 | Beta is less than 1 indicating that the Cigniti Technologies's price is less volatile than the market. |
Is Cigniti Technologies A Good Buy For Long Term?
Cigniti Technologies, a small-cap stock with a market capitalization of ₹3,748.16 crore, shows strong growth potential. Its 12-month net profit of ₹138.62 crore on ₹1,891.32 crore in revenue, coupled with a healthy cash balance of ₹420.16 crore against a low debt of ₹26.6 crore, paints a positive picture. Impressive past performance, including a 289.04% return over five years, suggests strong long-term prospects. However, recent quarterly growth (10.5% revenue increase, 15.4% earnings increase) needs further observation. While the past performance is compelling, it's an average buy for long-term investors, warranting continued monitoring of financial performance and market conditions.
To predict the Cigniti Technologies's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Cigniti Technologies Share Price Target For 2024
The line chart displays the monthly closing prices of Cigniti Technologies with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Cigniti Technologies shares in 2024, see the table below.
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Cigniti Technologies Share Price Target Table For 2024
| Cigniti Technologies's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 1408.00 (+2.55%) | Price Action: Nov 2024 High |
| 2024 Target 2 | 1393.92 (+1.52%) | Custom Fibonacci Extension Lvl 50% |
| 2024 Target 1 | 1379.44 (+0.47%) | Price Action: 11 Oct 2024 Low |
| Current Price | 1372.94 | Cigniti Technologies's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 1369.90 (-0.23%) | Price Action: Chart |
| Stop Loss 2 | 1356.00 (-1.24%) | Price Action: Jul 2024 Low |
| Stop Loss 3 | 1340.12 (-2.4%) | Fibonacci Retracement Extended 61.8% |
Summary: Cigniti Technologies Share Price Prediction For 2024
In summary, Cigniti Technologies has surged by ₹305.94, achieving a notable +28.67% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Cigniti Technologies for 2024 predicts an additional rise of 0.47% to 2.55% by the end of 2024 with three potential targets T1: 1379.44, T2: 1393.92, T3: 1408.00. Stop Loss at SL1: 1369.90, SL2: 1356.00, SL3: 1340.12.
Cigniti Technologies has a 52-week high of ₹1552.80, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹942.09, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Cigniti Technologies.
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Cigniti Technologies Share Price Target For 2025
The line chart displays the monthly closing prices of Cigniti Technologies with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Cigniti Technologies shares in 2025, see the table below.
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Cigniti Technologies Share Price Target Table For 2025
| Cigniti Technologies's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1717.06 (+25.06%) | Price Action: Chart |
| 2025 Target 2 | 1685.04 (+22.73%) | Custom Fibonacci Extension Lvl 64.9% |
| 2025 Target 1 | 1663.45 (+21.15%) | Fibonacci Extension Level 150% |
| Current Price | 1372.94 | Cigniti Technologies's 1 share price as of Thu 14 Nov 2024 |
| Stop Loss 1 | 1295.00 (-5.68%) | Price Action: Mar 2024 High |
| Stop Loss 2 | 1282.05 (-6.63%) | Price Action: Chart |
| Stop Loss 3 | 1251.45 (-8.85%) | Technical Indicator: MA250 |
Summary: Cigniti Technologies Share Price Prediction For 2025
In summary, Cigniti Technologies has surged by ₹305.94, achieving a notable +28.67% increase from 1st January 2024 to 14 Nov 2024. Our analysis of Cigniti Technologies for 2025 predicts an additional rise of 21.15% to 25.06% by the end of 2025 with three potential targets T1: 1663.45, T2: 1685.04, T3: 1717.06. Stop Loss at SL1: 1295.00, SL2: 1282.05, SL3: 1251.45.
Cigniti Technologies has a All-Time high of ₹1552.80, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹942.09, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Cigniti Technologies, we have created a specific page for that check here: Cigniti Technologies Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Cigniti Technologies Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Cigniti Technologies share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 10.76% over the next 15 years.
For complete year by year Cigniti Technologies long term share price target from 2024, 2025 to 2039 check the below table.
Cigniti Technologies Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Cigniti Technologies Target | YoY Change % |
|---|---|---|
| 2024 | ₹1,372.94 | [Current Price] |
| 2024 | ₹1,397.75 | 1.8% |
| 2025 | ₹1,824 | 30.49% |
| 2026 | ₹2,319.69 | 27.17% |
| 2027 | ₹2,577.44 | 11.11% |
| 2028 | ₹2,604.16 | 1.03% |
| 2029 | ₹3,005.84 | 15.42% |
| 2030 | ₹3,529.96 | 17.43% |
| 2031 | ₹4,147.37 | 17.49% |
| 2032 | ₹4,331.77 | 4.44% |
| 2033 | ₹4,164.28 | -3.87% |
| 2034 | ₹4,613.93 | 10.79% |
| 2035 | ₹5,235.91 | 13.48% |
| 2036 | ₹5,975.06 | 14.11% |
| 2037 | ₹6,086.1 | 1.85% |
| 2038 | ₹5,724.41 | -5.95% |
| 2039 | ₹5,843.82 | 2.08% |
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Cigniti Technologies Past Performance
- In 2008, Cigniti Technologies opening price was ₹11
- As of Thu 14 Nov 2024 the price stands at ₹1,372.94.
- This represents a Compound Annual Growth Rate (CAGR) of 32.83%.
- In 16 years, an investment of 10,000 would have become ₹12.48 Lakh.
As we wrap up, we hope you like our study on Cigniti Technologies share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Cigniti Technologies Share Price History
- Cigniti Technologies Price Target Tomorrow
- Cigniti Technologies Dividend History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
