Cognyte Software (NASDAQ:CGNT) Shares Gap Up Following Strong Earnings

Cognyte Software Ltd. (NASDAQ:CGNT)’s stock price gapped up before the market opened on Wednesday following a better than expected earnings announcement. The stock had previously closed at $7.88, but opened at $8.81. Cognyte Software shares last traded at $9.0950, with a volume of 528,873 shares changing hands.

The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.09. Cognyte Software had a negative net margin of 1.45% and a negative return on equity of 2.24%. The business had revenue of $106.24 million during the quarter, compared to analysts’ expectations of $106.20 million.

Cognyte Software News Roundup

Here are the key news stories impacting Cognyte Software this week:

• Positive Sentiment: Q4 results beat consensus: revenue grew ~12% year-over-year to ~$106.2M and EPS came in at $0.10 vs. expectations near $0.01; management issued upbeat guidance that helped lift sentiment. Cognyte Software shares pop on strong quarterly results, upbeat guidance
• Positive Sentiment: Earnings beat confirmed by independent reporters (EPS $0.10 vs. $0.01 est.), reinforcing the upside surprise narrative. Cognyte Software Ltd. (CGNT) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: New contract wins: announced an approximately $5M contract with a Tier‑1 U.S. law-enforcement agency, supporting near-term revenue visibility and the company’s public-sector momentum. Cognyte Wins ~$5M Contract with Tier-1 US Law Enforcement Agency to Power Mission-Critical Investigations
• Neutral Sentiment: Company commentary and detail are available in the official earnings release, slide deck and conference call (useful for modeling recurring revenue, margin drivers and guidance cadence). Cognyte Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Neutral Sentiment: Full Q4 earnings call transcript offers management color on product demand and margin outlook for those who want deeper qualitative context. Cognyte Software Ltd. (CGNT) Q4 2026 Earnings Call Transcript
• Negative Sentiment: Profitability still mixed: despite operating leverage and improving profitability trends, the company reported a negative net margin and negative ROE, and analysts still model a small negative EPS for the fiscal year — risks remain around achieving sustained GAAP profitability. Cognyte Software (CGNT) Marketbeat Profile

Analyst Ratings Changes

Several research analysts have recently commented on CGNT shares. Wall Street Zen raised Cognyte Software from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Lake Street Capital assumed coverage on Cognyte Software in a report on Monday, March 2nd. They set a “buy” rating and a $13.00 price target for the company. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Cognyte Software in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Cognyte Software has a consensus rating of “Hold” and a consensus target price of $13.50.

Hedge Funds Weigh In On Cognyte Software

Several large investors have recently bought and sold shares of CGNT. Rockefeller Capital Management L.P. grew its holdings in Cognyte Software by 1,478.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,268 shares of the company’s stock worth $31,000 after acquiring an additional 3,061 shares during the period. Vident Advisory LLC boosted its position in shares of Cognyte Software by 2.6% in the 4th quarter. Vident Advisory LLC now owns 88,648 shares of the company’s stock worth $833,000 after purchasing an additional 2,225 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Cognyte Software during the fourth quarter worth $887,000. Susquehanna Fundamental Investments LLC bought a new stake in Cognyte Software in the fourth quarter valued at about $551,000. Finally, Millennium Management LLC increased its holdings in Cognyte Software by 38.4% in the fourth quarter. Millennium Management LLC now owns 295,818 shares of the company’s stock valued at $2,781,000 after purchasing an additional 82,119 shares during the last quarter. 72.92% of the stock is currently owned by institutional investors and hedge funds.

Cognyte Software Price Performance

The stock has a market cap of $616.59 million, a price-to-earnings ratio of -105.63 and a beta of 1.64. The firm has a 50 day simple moving average of $8.06 and a two-hundred day simple moving average of $8.48.

Cognyte Software Company Profile

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.