Cigniti Technologies (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Cigniti Technologies Limited |
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Price: ₹1,872.05 | ||
| 52 Week Low: ₹942.10 52 Week High: ₹1,970.00 |
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| Market Capital: 3,628.04 Crore (Smallcap) | |||
| Technology -> Information Technology Services | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Cigniti Technologies Share Price Target For 2024
- 1.1.1: Cigniti Technologies Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Cigniti Technologies Share Price Target For 2025
- 1.2.1: Cigniti Technologies Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Cigniti Technologies Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Cigniti Technologies Brief Company Overview
- 4: Cigniti Technologies Financial Performance
- 4.0.1: Is Cigniti Technologies A Good Buy For Long Term?
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.
Cigniti Technologies Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 1996.63 (+6.65%) | Price Action: Chart |
| 2024 Target 2 | 1959.4 (+4.66%) | Price Action: 16 Dec 2024 High |
| 2024 Target 1 | 1940.0 (+3.62%) | Price Action: 10 Dec 2024 High |
| Current Price | 1872.05 | Cigniti Technologies's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1850.75 (-1.14%) | Price Action: 20 Dec 2024 Low |
| Stop Loss 2 | 1824.1 (-2.57%) | Price Action: 13 Dec 2024 Low |
| Stop Loss 3 | 1793.75 (-4.19%) | Price Action: 05 Dec 2024 High |
Short-Term Technical Outlook
Current Technical Position: Cigniti Technologies is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹1708.59 serves as the nearest technical reference point.
Historical Returns: 3-month: +34.49% | 6-month: +37.63% | 1-year: +75.45%
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.
Cigniti Technologies Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 2613.28 (+39.59%) | Price Action: Chart |
| 2025 Target 2 | 2564.55 (+36.99%) | Price Action: Chart |
| 2025 Target 1 | 2539.16 (+35.63%) | Fibonacci Extension Level 64.90% |
| Current Price | 1872.05 | Cigniti Technologies's share price as of 20 Dec 2024 |
| Stop Loss 1 | 1715.05 (-8.39%) | Price Action: 06 Dec 2024 Low |
| Stop Loss 2 | 1690.3 (-9.71%) | Price Action: Nov 2024 High |
| Stop Loss 3 | 1660.0 (-11.33%) | Price Action: Dec 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Cigniti Technologies is currently trading near its 52-week high of ₹1970, showing strong yearly momentum.
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +75.45% | 3-year: +249.86% | 5-year: +556.70%
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Approach 2: Machine Learning By Studying Historical Prices
Cigniti Technologies Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹1,872.05 | ||
| 2024 | ₹1,468.14 | -21.58% | ₹1,490.16 |
| 2025 | ₹2,026.23 | +38.01% | ₹2,109.29 |
| 2026 | ₹2,673.01 | +31.92% | ₹2,713.11 |
| 2027 | ₹3,047.76 | +14.02% | ₹3,093.48 |
| 2028 | ₹3,139.06 | +3.00% | ₹3,378.12 |
| 2029 | ₹3,677.44 | +17.15% | ₹4,012.53 |
| 2030 | ₹4,369.98 | +18.83% | ₹4,646.94 |
| 2031 | ₹5,184.00 | +18.63% | ₹5,261.76 |
| 2032 | ₹5,457.96 | +5.28% | ₹5,539.83 |
| 2033 | ₹5,282.46 | -3.22% | ₹5,915.77 |
| 2034 | ₹5,886.73 | +11.44% | ₹6,550.19 |
| 2035 | ₹6,713.73 | +14.05% | ₹7,184.60 |
| 2036 | ₹7,694.98 | +14.62% | ₹7,810.40 |
| 2037 | ₹7,868.16 | +2.25% | ₹7,986.18 |
| 2038 | ₹7,425.86 | -5.62% | ₹8,453.43 |
| 2039 | ₹7,602.07 | +2.37% | ₹9,087.85 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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.Cigniti Technologies Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 3,628.04 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) | +1,386,299,008.00 | 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) |
+10.50% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+15.40% | 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 ₹3,628.04 crore, shows strong growth potential. Its impressive 46.11% return over the past 12 months and a remarkable 326.44% return over the past 5 years are noteworthy. While a relatively small debt of ₹26.6 crore against a substantial cash balance of ₹420.16 crore is positive, the 7.33% profit margin warrants attention. Considering the robust past performance and healthy cash position, Cigniti Technologies presents a good buy for the long term, although investors should monitor profit margins.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
