CI&T Internal Paper, Survey Address AI Fears (CINT)

CI&T provides software engineering, design, and digital strategy services. Its clients are large enterprises in banking, retail, and manufacturing. The AI disruption thesis holds that these clients will eventually replace CI&T's project-based work with in-house AI tools or cheaper automated alternatives. The company's response, laid out in the two documents, is that AI is more likely to create new service demand than destroy existing revenue streams. The survey data reportedly supports that view: clients plan to spend more on integration, customization, and governance of AI tools, not less on traditional IT services.

The analyst behind the Buy call sees a wide margin of safety between the current stock price and intrinsic value. The note does not provide a specific target price but argues that the market has overdiscounted the AI risk. CI&T shares have lagged the broader tech sector over the past year as AI concerns weighed on sentiment. The paper and survey offer a concrete counterpoint, one the analyst believes will narrow the valuation gap over time.

CI&T did not comment publicly on the documents. The research note was published on Tuesday.