What is the 13F Pro Quality Score for CNDT?

13F Pro ranks CONDUENT Inc (CNDT) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View CNDT's current score at https://13fpro.ai/research/CNDT (free sign-up required for the full ranking).

Which hedge funds own the most CNDT stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of CNDT include Neuberger Berman Group, BlackRock,, MILLER VALUE PARTNERS,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/CNDT as soon as new 13F filings post.

Where does 13F Pro source CNDT data?

All CONDUENT Inc fundamentals and ownership data come directly from SEC EDGAR. CONDUENT Inc files with the SEC under CIK 1677703. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is CNDT in?

CONDUENT Inc (CNDT) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

How often is CNDT research updated on 13F Pro?

CNDT's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

CONDUENT Inc(CNDT)Stock Analysis

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13F Pro Quality Score

30.0/100

Rank #2,379 of 2,879 stocks

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

12.3/100

Profitability

22.0/100

Balance Sheet

20.8/100

Earnings Quality

30.0/100

Free Cash Flow

22.9/100

Institutional Flow

22.5/100

Revenue Scale

69.7/100

Dilution Risk

69.8/100

CNDT Stock Analysis & AI Quality Score

AI stock analysis and institutional research for CONDUENT Inc (CNDT), a Industrials sector company. 13F Pro's AI-powered ranking engine scores CNDT at 30.0/100 on a 32-signal composite quality model, placing it at rank #2,379 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (12.3) and balance sheet strength (20.8), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), CONDUENT Inc reports quarterly revenue of $723.0M, net income of $-33.0M, an operating margin of -3.7%. Top institutional holders of CNDT by reported 13-F value include Neuberger Berman Group, BlackRock,, MILLER VALUE PARTNERS,, based on the most recent SEC filings. CNDT trades on the Nasdaq exchange and files with the SEC under CIK 1677703. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CNDT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CONDUENT Inc directly from SEC EDGAR. CONDUENT Inc's 13F Pro composite quality score has ranged between 8 and 54 since 2021, currently 30.0 — a declining long-term trajectory across 56 quarterly and live scoring snapshots.

✦

Fun facts about CONDUENT Inc

Quirks, history, and lore behind CNDT — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. business process services company · listed on Nasdaq · headquartered in New Jersey · operates across government, healthcare, and commercial sectors.
2
The Numbers
Annual revenue in the range of roughly $3–4 billion, with tens of thousands of employees spread across multiple continents — big enough to be invisible, small enough that nobody's heard of it.
3
The History
Spun off from Xerox in 2017, inheriting the unglamorous but lucrative back-office outsourcing business that Xerox had built up over decades.
4
The Secret
Its bread and butter is handling the paperwork nobody wants to think about — benefits administration, toll collection, government payment processing — the plumbing of modern bureaucracy.
5
The Lore
Activist investor Carl Icahn took a significant stake shortly after its spinoff and pushed hard for strategic changes, making the quiet outsourcer briefly very loud on Wall Street.
6
The Giveaway
If you've paid a government toll electronically, filed a healthcare claim, or received a state benefit payment, there's a good chance this Xerox spinoff processed it behind the scenes.

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Revenue

Q1 2026

$723.0M

Net Income

Q1 2026

$-33.0M

Free Cash Flow

Q1 2026

$-17.0M

Operating Margin

Q1 2026

-3.7%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

-9.4% YoY

$3.04BFY 2025

FY22 $3.86BFY23 $3.72BFY24 $3.36BFY25 $3.04B

Net Income

-139.9% YoY

$-170.0MFY 2025

FY22 $-182.0MFY23 $-296.0MFY24 $426.0MFY25 $-170.0M

EPS (Diluted)

-151.1% YoY

$-1.14FY 2025

FY22 $-0.89FY23 $-1.41FY24 $2.23FY25 $-1.14

Total Assets

-7.8% YoY

$2.40BFY 2025

FY22 $3.57BFY23 $3.16BFY24 $2.60BFY25 $2.40B

Total Debt

+7.5% YoY

$687.0MFY 2025

FY22 $1.31BFY23 $1.28BFY24 $639.0MFY25 $687.0M

Op. Cash Flow

-46.0% YoY

$-73.0MFY 2025

FY22 $144.0MFY23 $89.0MFY24 $-50.0MFY25 $-73.0M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$3.04B -9.4%	$3.36B -9.8%	$3.72B -3.5%	$3.86B -6.8%	$4.14B -0.6%	$4.16B
Net Income	$-170.0M -139.9%	$426.0M +243.9%	$-296.0M -62.6%	$-182.0M -550.0%	$-28.0M +76.3%	$-118.0M
EPS (Diluted)	$-1.14 -151.1%	$2.23 +258.2%	$-1.41 -58.4%	$-0.89 -394.4%	$-0.18 +70.5%	$-0.61
Total Assets	$2.40B -7.8%	$2.60B -17.8%	$3.16B -11.5%	$3.57B -11.5%	$4.04B -5.2%	$4.26B
Total Debt	$687.0M +7.5%	$639.0M -50.2%	$1.28B -2.3%	$1.31B -7.1%	$1.41B -6.4%	$1.51B
Operating Cash Flow	$-73.0M -46.0%	$-50.0M -156.2%	$89.0M -38.2%	$144.0M -40.7%	$243.0M +50.9%	$161.0M

AI Insight: CNDT Financial Trends

CNDT revenue has contracted for five consecutive quarters from $828M in Q2 2024 to $723M in Q1 2026, while operating cash flow remains persistently negative outside year-end periods.

• Revenue declined steadily from $828M in Q2 2024 to $723M in Q1 2026, an 13% drop over six quarters.

• Operating cash flow was negative in six of eight quarters; only Q4 2024 ($41M) and Q4 2025 ($39M) posted positive figures.

• Total debt spiked to $639M in Q4 2024 and $687M in Q4 2025, suggesting seasonal or year-end borrowing activity each cycle.

• Equity eroded from $877M in Q3 2024 to $685M in Q4 2025, a $192M decline over five quarters.

⚠ Equity data missing for Q1 2026 — continued erosion from $685M would signal an accelerating balance-sheet deterioration.

⚠ Total debt pattern of ~$640–$690M spikes each Q4 warrants scrutiny; if inter-quarter deleveraging stalls, structural leverage risk rises.

⚠ Revenue stabilization near $750–$770M in Q3–Q4 2025 reversed in Q1 2026 at $723M — watch whether the decline re-accelerates.

AI Insight: CNDT Ratio Trends

CONDUENT remains deep in negative operating territory, though margin losses have narrowed from -10.2% in Q4 2024 to -3.7% in Q1 2026.

• Operating margin collapsed from 19.7% in Q3 2024 to -10.2% in Q4 2024, signaling a sharp operational deterioration.

• Operating margin has gradually recovered from -10.2% in Q4 2024 to -3.7% in Q1 2026, suggesting slow stabilization.

• ROIC swung from 70.4% in Q3 2024 to -27.1% in Q1 2025, and remains negative at -8.2% in Q4 2025.

⚠ D/E spiked to 1.00 in Q4 2025 from near-zero prior quarters — leverage surge warrants close monitoring.

⚠ ROIC data is absent for Q1 2026; confirmation of continued improvement from -8.2% in Q4 2025 is needed.

⚠ NPM, ROE, and ROA remain entirely unreported across all periods, limiting full profitability visibility.

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Available Research

13F Pro tracks comprehensive data for CONDUENT Inc including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of CNDT

Neuberger Berman Group LLC
$19.4M15,172,996 sh
BlackRock, Inc.
$17.7M13,841,649 sh
MILLER VALUE PARTNERS, LLC
$12.8M10,023,930 sh
DIMENSIONAL FUND ADVISORS LP
$9.7M7,601,314 sh
VANGUARD CAPITAL MANAGEMENT LLC
$8.4M6,588,414 sh
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
$8.3M6,483,873 sh
Blue Owl Capital Holdings LP
$6.4M5,036,595 sh
AMERICAN CENTURY COMPANIES INC
$4.6M3,582,235 sh
STATE STREET CORP
$4.4M3,447,768 sh
GEODE CAPITAL MANAGEMENT, LLC
$4.1M3,191,263 sh

Fund	Value	Shares
Neuberger Berman Group LLC	$19.4M	15,172,996
BlackRock, Inc.	$17.7M	13,841,649
MILLER VALUE PARTNERS, LLC	$12.8M	10,023,930
DIMENSIONAL FUND ADVISORS LP	$9.7M	7,601,314
VANGUARD CAPITAL MANAGEMENT LLC	$8.4M	6,588,414
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$8.3M	6,483,873
Blue Owl Capital Holdings LP	$6.4M	5,036,595
AMERICAN CENTURY COMPANIES INC	$4.6M	3,582,235
STATE STREET CORP	$4.4M	3,447,768
GEODE CAPITAL MANAGEMENT, LLC	$4.1M	3,191,263

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Is CNDT a good stock to buy?

13F Pro's AI-powered analysis of CONDUENT Inc (CNDT) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CNDT are available on the CNDT stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own CNDT?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CNDT. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of CONDUENT Inc's investment landscape.