NASDAQ:CGNT

Cognyte Software (CGNT) Stock Price, News & Analysis

$6.64
+0.22 (+3.43%)
(As of 04/22/2024 ET)
Today's Range
$6.36
$6.65
50-Day Range
$6.42
$8.41
52-Week Range
$4.00
$8.53
Volume
349,207 shs
Average Volume
448,164 shs
Market Capitalization
$471.57 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.75

Cognyte Software MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.7% Upside
$7.75 Price Target
Short Interest
Healthy
0.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.83
Upright™ Environmental Score
News Sentiment
0.48mentions of Cognyte Software in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.30) to ($0.26) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.34 out of 5 stars

Computer And Technology Sector

259th out of 590 stocks

Prepackaged Software Industry

85th out of 201 stocks

CGNT stock logo

About Cognyte Software Stock (NASDAQ:CGNT)

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. Its solutions are designed to support various use cases and support a range of users, including data analysts, investigation managers, and security operations center operators, as well as operational field teams. In addition, the company provides customer support, professional, and integration services. Its government customers include national, regional, and local government agencies. Cognyte Software Ltd. was incorporated in 2020 and is headquartered in Herzliya, Israel.

CGNT Stock Price History

CGNT Stock News Headlines

Cognyte Software Ltd Ordinary Shares
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Best HR Software in 2024
10 Best Project Management Software Of 2024
Best recruiting software in 2024
Cognyte Software: Q3 Earnings Insights
Cognyte Announces Third Quarter Fiscal 2024 Results
See More Headlines
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Company Calendar

Last Earnings
6/15/2023
Today
4/22/2024
Next Earnings (Estimated)
6/20/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:CGNT
Fax
N/A
Employees
1,613
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.75
High Stock Price Target
$8.00
Low Stock Price Target
$7.50
Potential Upside/Downside
+16.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-15,570,000.00
Pretax Margin
-4.23%

Debt

Sales & Book Value

Annual Sales
$313.40 million
Book Value
$3.12 per share

Miscellaneous

Free Float
N/A
Market Cap
$471.57 million
Optionable
Optionable
Beta
1.68
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Key Executives

  • Mr. Elad Sharon (Age 47)
    CEO & Director
    Comp: $1.72M
  • Mr. David Abadi (Age 49)
    Chief Financial Officer
    Comp: $1.08M
  • Mr. Sharon Chouli (Age 53)
    Chief Customer Officer
    Comp: $780k
  • Mr. Amir Barel (Age 58)
    Chief Technology Officer
  • Mr. Dean M. Ridlon
    Head of Investor Relations
  • Mr. Ilan Rotem (Age 58)
    Chief Legal Officer
  • Ms. Rini Karlin (Age 52)
    Chief People Officer
  • Mr. Gil Cohen (Age 52)
    Chief Product Officer
  • Mr. Efi Nuri (Age 61)
    Chief Revenue Officer

CGNT Stock Analysis - Frequently Asked Questions

Should I buy or sell Cognyte Software stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognyte Software in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CGNT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CGNT, but not buy additional shares or sell existing shares.
View CGNT analyst ratings
or view top-rated stocks.

What is Cognyte Software's stock price target for 2024?

3 brokerages have issued 12 month price targets for Cognyte Software's stock. Their CGNT share price targets range from $7.50 to $8.00. On average, they predict the company's stock price to reach $7.75 in the next year. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for CGNT
or view top-rated stocks among Wall Street analysts.

How have CGNT shares performed in 2024?

Cognyte Software's stock was trading at $6.43 at the start of the year. Since then, CGNT shares have increased by 3.3% and is now trading at $6.64.
View the best growth stocks for 2024 here
.

Are investors shorting Cognyte Software?

Cognyte Software saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 329,100 shares, a decrease of 24.4% from the March 15th total of 435,200 shares. Based on an average trading volume of 457,300 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the company's shares are sold short.
View Cognyte Software's Short Interest
.

When is Cognyte Software's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 20th 2024.
View our CGNT earnings forecast
.

How were Cognyte Software's earnings last quarter?

Cognyte Software Ltd. (NASDAQ:CGNT) released its quarterly earnings data on Thursday, June, 15th. The medical device company reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of ($0.22) by $0.01. The medical device company earned $73.40 million during the quarter, compared to analysts' expectations of $71.53 million. Cognyte Software had a negative net margin of 4.97% and a negative trailing twelve-month return on equity of 12.06%. The firm's revenue was down 15.0% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.85) EPS.

What ETFs hold Cognyte Software's stock?

ETFs with the largest weight of Cognyte Software (NASDAQ:CGNT) stock in their portfolio include ARK Israel Innovative Technology ETF (IZRL).Amplify Bluestar Israel Technology ETF (ITEQ).

What guidance has Cognyte Software issued on next quarter's earnings?

Cognyte Software issued an update on its FY 2025 earnings guidance on Tuesday, April, 9th. The company provided earnings per share (EPS) guidance of -0.130--0.130 for the period, compared to the consensus earnings per share estimate of -0.180. The company issued revenue guidance of $333.2 million-$346.8 million, compared to the consensus revenue estimate of $333.5 million.

What other stocks do shareholders of Cognyte Software own?
Who are Cognyte Software's major shareholders?

Cognyte Software's stock is owned by many different institutional and retail investors. Top institutional investors include Silverberg Bernstein Capital Management LLC (0.13%).
View institutional ownership trends
.

How do I buy shares of Cognyte Software?

Shares of CGNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CGNT) was last updated on 4/23/2024 by MarketBeat.com Staff

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