Cognyte Software (NASDAQ:CGNT) Issues FY 2026 Earnings Guidance

Cognyte Software (NASDAQ:CGNT) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.190-0.190 for the period, compared to the consensus EPS estimate of 0.160. The company issued revenue guidance of $387.1 million-$402.9 million, compared to the consensus revenue estimate of $392.0 million.

Cognyte Software Price Performance

Shares of CGNT opened at $11.01 on Wednesday. Cognyte Software has a 1 year low of $6.21 and a 1 year high of $11.66. The company has a 50 day simple moving average of $10.01 and a two-hundred day simple moving average of $9.34. The firm has a market cap of $793.35 million, a P/E ratio of -57.95 and a beta of 1.73.

Cognyte Software (NASDAQ:CGNT) last announced its quarterly earnings data on Wednesday, April 2nd. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. Cognyte Software had a negative net margin of 3.95% and a negative return on equity of 13.30%. The business had revenue of $94.51 million during the quarter, compared to analyst estimates of $93.15 million. During the same period last year, the firm posted ($0.23) EPS. On average, sell-side analysts anticipate that Cognyte Software will post -0.2 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently weighed in on CGNT. Needham & Company LLC reissued a “hold” rating on shares of Cognyte Software in a report on Thursday, May 22nd. Wall Street Zen raised shares of Cognyte Software from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 12th.

Institutional Trading of Cognyte Software

A hedge fund recently raised its stake in Cognyte Software stock. Goldman Sachs Group Inc. increased its stake in Cognyte Software Ltd. (NASDAQ:CGNT) by 52.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 131,140 shares of the company’s stock after buying an additional 45,229 shares during the quarter. Goldman Sachs Group Inc. owned about 0.18% of Cognyte Software worth $1,023,000 as of its most recent SEC filing. 72.92% of the stock is owned by hedge funds and other institutional investors.

About Cognyte Software

Cognyte Software Ltd. provides an investigative analytics software to governments and enterprises worldwide. Its Actionable Intelligence for a Safer World, an open software designed to help governments and enterprises accelerate and enhance the effectiveness of investigations. The company offers network intelligence analytics, threat intelligence analytics, decision intelligence analytics, and operational intelligence analytics solutions.