Cognyte Software (CGNT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $7.67 to $8.24
• 50-Day Range: $7.80 to $10.91
• 52-Week Range: $6.21 to $11.12
• Volume: 752,650 shs
• Average Volume: 277,457 shs
• Market Capitalization: $590.97 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.25
• Consensus Rating: Hold

Cognyte Software Stock Analysis - MarketRank™

Cognyte Software scored higher than 51% of companies evaluated by MarketBeat, and ranked 439th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Cognyte Software has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Cognyte Software has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cognyte Software is -43.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cognyte Software is -43.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Cognyte Software has a P/B Ratio of 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.18% of the float of Cognyte Software has been sold short.

Short Interest Ratio / Days to Cover

Cognyte Software has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cognyte Software has recently increased by 14.81%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Cognyte Software does not currently pay a dividend.

Dividend Growth

Cognyte Software does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.1 / 5
• Environmental Score: -0.83

Percentage of Shares Shorted

1.18% of the float of Cognyte Software has been sold short.

Short Interest Ratio / Days to Cover

Cognyte Software has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Cognyte Software has recently increased by 14.81%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.73

News Sentiment

Cognyte Software has a news sentiment score of 0.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Cognyte Software this week, compared to 2 articles on an average week.

Search Interest

6 people have searched for CGNT on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

MarketBeat Follows

3 people have added Cognyte Software to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cognyte Software insiders have not sold or bought any company stock.

Percentage Held by Insiders

62.70% of the stock of Cognyte Software is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

72.92% of the stock of Cognyte Software is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CGNT Stock Analysis - Frequently Asked Questions

How have CGNT shares performed this year?

Cognyte Software's stock was trading at $8.65 on January 1st, 2025. Since then, CGNT stock has decreased by 5.0% and is now trading at $8.22.
View the best growth stocks for 2025 here.

How were Cognyte Software's earnings last quarter?

Cognyte Software Ltd. (NASDAQ:CGNT) posted its quarterly earnings data on Tuesday, September, 10th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.07. The company's revenue was up 9.5% compared to the same quarter last year.

How will Cognyte Software's stock buyback program work?

Cognyte Software's board approved a stock buyback plan on Tuesday, November 12th 2024, which authorizes the company to repurchase $20,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 3.7% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.

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.

What other stocks do shareholders of Cognyte Software own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cognyte Software investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Jabil (JBL), e.l.f. Beauty (ELF) and Adobe (ADBE).

Company Calendar

• Last Earnings: 9/10/2024
• Today: 4/01/2025
• Next Earnings (Estimated): 4/02/2025
• Fiscal Year End: 1/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:CGNT
• Previous Symbol: NASDAQ:CGNT
• CIK: 0001824814
• Web: www.cognyte.com
• Phone: 972-9962-2300
• Fax: N/A
• Employees: 1,613
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.25
• High Stock Price Target: $9.00
• Low Stock Price Target: $7.50
• Potential Upside/Downside: +3.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.19)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-15,570,000.00
• Net Margins: -3.95%
• Pretax Margin: -2.97%
• Return on Equity: -13.30%
• Return on Assets: -6.01%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.30
• Quick Ratio: 1.22

Sales & Book Value

• Annual Sales: $339.82 million
• Price / Sales: 1.69
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.12 per share
• Price / Book: 2.56

Miscellaneous

• Outstanding Shares: 71,894,000
• Free Float: 26,816,000
• Market Cap: $574.36 million
• Optionable: Optionable
• Beta: 1.77