Cognyte Software Ltd. (NASDAQ:CGNT) Receives $13.50 Average Price Target from Brokerages

Posted by Geri Gentry on May 23rd, 2026

Shares of Cognyte Software Ltd. (NASDAQ:CGNT – Get Free Report) have earned an average recommendation of “Moderate Buy” from the five ratings firms that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $13.50.

Several research firms have recently commented on CGNT. Zacks Research upgraded shares of Cognyte Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 8th. Lake Street Capital began coverage on shares of Cognyte Software in a research report on Monday, March 2nd. They set a “buy” rating and a $13.00 price target for the company. Finally, Wall Street Zen lowered shares of Cognyte Software from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th.

Check Out Our Latest Stock Report on CGNT

Cognyte Software Stock Performance

Cognyte Software stock opened at $10.10 on Friday. The company has a 50-day simple moving average of $9.21 and a 200-day simple moving average of $8.78. The firm has a market capitalization of $738.11 million, a P/E ratio of -1,010.00 and a beta of 1.58. Cognyte Software has a one year low of $6.29 and a one year high of $11.65.

Cognyte Software (NASDAQ:CGNT – Get Free Report) last released its quarterly earnings results on Wednesday, March 25th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.01 by $0.09. The business had revenue of $106.24 million during the quarter, compared to analyst estimates of $106.20 million. Cognyte Software had a negative net margin of 0.16% and a positive return on equity of 0.74%. As a group, sell-side analysts forecast that Cognyte Software will post 0.17 earnings per share for the current year.

Institutional Investors Weigh In On Cognyte Software

Several institutional investors have recently bought and sold shares of the stock. Topline Capital Management LLC lifted its holdings in Cognyte Software by 2.4% in the third quarter. Topline Capital Management LLC now owns 7,195,619 shares of the company’s stock worth $60,443,000 after purchasing an additional 168,329 shares during the period. American Capital Management Inc. lifted its holdings in Cognyte Software by 0.6% in the third quarter. American Capital Management Inc. now owns 6,751,962 shares of the company’s stock worth $56,716,000 after purchasing an additional 39,721 shares during the period. Westerly Capital Management LLC lifted its holdings in Cognyte Software by 5.0% in the fourth quarter. Westerly Capital Management LLC now owns 1,155,000 shares of the company’s stock worth $10,857,000 after purchasing an additional 55,000 shares during the period. Millennium Management LLC lifted its holdings in Cognyte Software by 101.9% in the first quarter. Millennium Management LLC now owns 921,853 shares of the company’s stock worth $7,190,000 after purchasing an additional 465,307 shares during the period. Finally, Scalar Gauge Management LLC lifted its holdings in Cognyte Software by 14.6% in the fourth quarter. Scalar Gauge Management LLC now owns 904,099 shares of the company’s stock worth $8,499,000 after purchasing an additional 115,000 shares during the period. Institutional investors and hedge funds own 72.92% of the company’s stock.

Cognyte Software Company Profile

(Get Free Report)

Cognyte Software Ltd. is a global provider of security analytics solutions that was spun off from NICE Ltd. in early 2021. Headquartered in Israel, the company delivers specialized software and services designed to help government agencies, law enforcement organizations and critical infrastructure operators process and analyze large volumes of data for intelligence and investigative purposes.

The company’s core offerings include advanced analytics platforms that aggregate and visualize structured and unstructured data from diverse sources, such as communications metadata, open-source intelligence and sensor feeds.