Cognyte Software (NASDAQ:CGNT) Issues 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 Stock Up 5.8%

CGNT stock opened at $9.53 on Tuesday. The business has a 50 day moving average price of $8.98 and a two-hundred day moving average price of $9.27. The company has a market cap of $686.70 million, a price-to-earnings ratio of -86.64 and a beta of 1.65. Cognyte Software has a twelve month low of $6.21 and a twelve month high of $11.65.

Cognyte Software (NASDAQ:CGNT - Get Free Report) last posted its quarterly earnings results on Tuesday, September 9th. The company reported $0.03 earnings per share for the quarter, meeting analysts' consensus estimates of $0.03. Cognyte Software had a negative return on equity of 3.53% and a negative net margin of 2.18%. Cognyte Software has set its FY 2026 guidance at 0.230-0.230 EPS. On average, equities research analysts anticipate that Cognyte Software will post -0.2 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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 MarketBeat.com, the company presently has a consensus rating of "Hold".

Institutional Trading of Cognyte Software

Several hedge funds have recently added to or reduced their stakes in CGNT. Osaic Holdings Inc. lifted its holdings in Cognyte Software by 79.4% during the 2nd quarter. Osaic Holdings Inc. now owns 3,634 shares of the company's stock worth $34,000 after purchasing an additional 1,608 shares during the last quarter. Nebula Research & Development LLC acquired a new position in Cognyte Software in the 2nd quarter valued at $247,000. Tidal Investments LLC raised its holdings in Cognyte Software by 22.1% in the 2nd quarter. Tidal Investments LLC now owns 49,403 shares of the company's stock valued at $456,000 after acquiring an additional 8,927 shares in the last quarter. Boothbay Fund Management LLC acquired a new position in Cognyte Software in the 2nd quarter valued at $476,000. Finally, State of Tennessee Department of Treasury raised its holdings in Cognyte Software by 73.5% in the 2nd quarter. State of Tennessee Department of Treasury now owns 61,249 shares of the company's stock valued at $566,000 after acquiring an additional 25,953 shares in the last quarter. 72.92% of the stock is owned by institutional investors and hedge funds.

About Cognyte Software

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.

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