eGain (NASDAQ:EGAN) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS

eGain (NASDAQ:EGAN) announced its earnings results on Wednesday. The technology company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.06, FiscalAI reports. eGain had a net margin of 36.47% and a return on equity of 5.41%. The company had revenue of $23.51 million during the quarter, compared to the consensus estimate of $23.22 million. eGain updated its Q2 2026 guidance to 0.070-0.080 EPS and its FY 2026 guidance to 0.290-0.340 EPS.

eGain Price Performance

Shares of EGAN stock traded down $4.00 during trading hours on Thursday, reaching $11.11. The company had a trading volume of 1,026,930 shares, compared to its average volume of 142,379. eGain has a 12 month low of $4.34 and a 12 month high of $15.95. The business has a fifty day simple moving average of $11.62 and a 200-day simple moving average of $7.95. The company has a market cap of $300.05 million, a price-to-earnings ratio of 9.69 and a beta of 0.49.

Analysts Set New Price Targets

EGAN has been the topic of several recent analyst reports. Roth Capital reissued a “buy” rating and set a $20.00 price objective (up previously from $10.00) on shares of eGain in a research note on Thursday. Zacks Research lowered eGain from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Wall Street Zen cut eGain from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of eGain in a report on Tuesday, October 14th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, eGain presently has a consensus rating of “Moderate Buy” and an average target price of $15.00.

eGain declared that its board has authorized a share repurchase plan on Thursday, September 4th that allows the company to repurchase $20.00 million in outstanding shares. This repurchase authorization allows the technology company to repurchase up to 11.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at eGain

In other eGain news, CFO Eric Smit sold 5,000 shares of the firm’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $14.44, for a total value of $72,200.00. Following the completion of the transaction, the chief financial officer directly owned 129,187 shares of the company’s stock, valued at $1,865,460.28. This trade represents a 3.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 38.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On eGain

A number of large investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets grew its position in shares of eGain by 29.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,317 shares of the technology company’s stock worth $55,000 after buying an additional 1,432 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of eGain by 3.4% during the second quarter. Geode Capital Management LLC now owns 449,899 shares of the technology company’s stock valued at $2,812,000 after purchasing an additional 14,978 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of eGain by 53.7% in the first quarter. Jane Street Group LLC now owns 47,726 shares of the technology company’s stock worth $231,000 after acquiring an additional 16,678 shares during the period. Hedge funds and other institutional investors own 53.94% of the company’s stock.

eGain Company Profile

eGain Corporation develops, licenses, implements, and supports customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific. It provides eGain Knowledge Hub, which helps businesses to centralize knowledge, policies, procedures, situational expertise, best-practices, while delivering guided, and personalized solutions to customers and agents; eGain Conversation Hub for digital-first, omnichannel interaction management within a modern, purpose-built desktop; and eGain Analytics Hub enables clients to measure, manage, and optimize omnichannel service operations and knowledge.