Cognyte Software (NASDAQ:CGNT) Releases FY 2026 Earnings Guidance

Key Points

• Cognyte Software has issued its FY 2026 earnings guidance with an EPS forecast of 0.230, exceeding the consensus estimate of 0.180.
• The company anticipates revenue between $389.1 million and $404.9 million, which is close to the consensus estimate of $395.1 million.
• Cognyte's stock rose by 5.8% following the guidance announcement, and currently has a market cap of $686.70 million.

Cognyte Software (NASDAQ:CGNT - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.230-0.230 for the period, compared to the consensus EPS estimate of 0.180. The company issued revenue guidance of $389.1 million-$404.9 million, compared to the consensus revenue estimate of $395.1 million.

Cognyte Software Trading Down 2.3%

NASDAQ:CGNT traded down $0.20 during trading hours on Friday, hitting $8.52. 232,189 shares of the stock were exchanged, compared to its average volume of 279,382. Cognyte Software has a 52-week low of $6.38 and a 52-week high of $11.65. The firm's fifty day moving average price is $8.94 and its 200 day moving average price is $9.25. The company has a market cap of $621.70 million, a P/E ratio of -141.98 and a beta of 1.65.

Cognyte Software (NASDAQ:CGNT - Get Free Report) last posted its quarterly earnings data on Wednesday, June 11th. The company reported $0.07 EPS for the quarter. Cognyte Software had a negative return on equity of 2.05% and a negative net margin of 1.20%.The company had revenue of $95.55 million during the quarter, compared to analyst estimates of $93.96 million. Equities analysts expect that Cognyte Software will post -0.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC reiterated a "hold" rating on shares of Cognyte Software in a research note on Monday, July 28th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Cognyte Software has an average rating of "Hold".

Institutional Investors Weigh In On Cognyte Software

Large investors have recently made changes to their positions in the stock. Osaic Holdings Inc. grew its position in shares of Cognyte Software by 79.4% in the second quarter. Osaic Holdings Inc. now owns 3,634 shares of the company's stock valued at $34,000 after purchasing an additional 1,608 shares in the last quarter. Nebula Research & Development LLC purchased a new stake in shares of Cognyte Software in the second quarter valued at approximately $247,000. Tidal Investments LLC grew its position in shares of Cognyte Software by 22.1% in the second quarter. Tidal Investments LLC now owns 49,403 shares of the company's stock valued at $456,000 after purchasing an additional 8,927 shares in the last quarter. Boothbay Fund Management LLC purchased a new stake in shares of Cognyte Software in the second quarter valued at approximately $476,000. Finally, State of Tennessee Department of Treasury grew its position in shares of Cognyte Software by 73.5% in the second quarter. State of Tennessee Department of Treasury now owns 61,249 shares of the company's stock valued at $566,000 after purchasing an additional 25,953 shares in the last quarter. 72.92% of the stock is currently owned by hedge funds and other institutional investors.

Cognyte Software Company Profile

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.