NASDAQ:CGNT

Cognyte Software (CGNT) Stock Price, News & Analysis

$6.83
+0.01 (+0.15%)
(As of 05/1/2024 ET)
Today's Range
$6.77
$7.01
50-Day Range
$6.42
$8.41
52-Week Range
$4.00
$8.53
Volume
232,552 shs
Average Volume
428,805 shs
Market Capitalization
$485.07 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
13.5% Upside
$7.75 Price Target
Short Interest
Healthy
0.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.83
Upright™ Environmental Score
News Sentiment
0.39mentions of Cognyte Software in the last 14 days
Based on 4 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.

2.74 out of 5 stars

Computer And Technology Sector

329th out of 585 stocks

Prepackaged Software Industry

115th out of 198 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
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Company Calendar

Last Earnings
6/15/2023
Today
5/01/2024
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
+13.5%
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
$485.07 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 equities research analysts have issued 12 month price targets for Cognyte Software's shares. Their CGNT share price targets range from $7.50 to $8.00. On average, they anticipate the company's stock price to reach $7.75 in the next year. This suggests a possible upside of 13.5% 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 beginning of 2024. Since then, CGNT shares have increased by 6.2% and is now trading at $6.83.
View the best growth stocks for 2024 here
.

Are investors shorting Cognyte Software?

Cognyte Software saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 475,900 shares, an increase of 44.6% from the March 31st total of 329,100 shares. Based on an average daily volume of 375,200 shares, the short-interest ratio is presently 1.3 days. Currently, 0.7% of the company's stock 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) posted its quarterly earnings data on Thursday, June, 15th. The medical device company reported ($0.23) EPS 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 analyst estimates of $71.53 million. Cognyte Software had a negative trailing twelve-month return on equity of 12.06% and a negative net margin of 4.97%. The company's revenue was down 15.0% on a year-over-year basis. During the same period in the previous 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 EPS 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 a number of institutional and retail investors. Top institutional investors include Perigon Wealth Management LLC (0.14%), Silverberg Bernstein Capital Management LLC (0.13%) and Concourse Financial Group Securities Inc. (0.00%).
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 5/1/2024 by MarketBeat.com Staff

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