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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Dollar General May Create an Opportunity for Patient Investors
Is Frontline's 20% Dividend Too Good To Be True?
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
3 Reasons The Wayfair Rally Is Way Overdone
Wheat prices jump following collapse of major dam in southern Ukraine
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
Here’s What’s Driving the Price of Carvana Higher
Stock market today: Asian stocks mixed as Wall St inches toward bull market
NASDAQ:CGNT

Cognyte Software (CGNT) Stock Forecast, Price & News

$5.40
+0.09 (+1.69%)
(As of 06/6/2023 ET)
Compare
Today's Range
$5.26
$5.45
50-Day Range
$3.10
$5.40
52-Week Range
$2.31
$7.37
Volume
310,199 shs
Average Volume
352,380 shs
Market Capitalization
$371.74 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.00

Cognyte Software MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
44.4% Downside
$3.00 Price Target
Short Interest
Healthy
0.77% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.83
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.61 out of 5 stars

Computer And Technology Sector

517th out of 607 stocks

Prepackaged Software Industry

166th out of 211 stocks


CGNT stock logo

About Cognyte Software (NASDAQ:CGNT) Stock

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 also offers network intelligence analytics, open source and threat 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; and enterprise customers consist of commercial and physical security customers. The company was incorporated in 2020 and is headquartered in Herzliya, Israel.

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CGNT Stock News Headlines

Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Cognyte Software (NASDAQ:CGNT) Downgraded by StockNews.com
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Cognyte Software (NASDAQ:CGNT) Upgraded at StockNews.com
Cognyte Software (NASDAQ:CGNT) Updates FY24 Earnings Guidance
Cognyte Software (NASDAQ:CGNT) Issues FY 2024 Earnings Guidance
Cognyte Software (NASDAQ:CGNT) Updates Q4 Earnings Guidance
See More Headlines

CGNT Price History

CGNT Company Calendar

Last Earnings
12/20/2021
Today
6/06/2023
Next Earnings (Estimated)
6/27/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:CGNT
Fax
N/A
Employees
1,650
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$3.00
High Stock Price Forecast
$3.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
-44.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-114,130,000.00
Pretax Margin
-31.08%

Debt

Sales & Book Value

Annual Sales
$312.06 million
Book Value
$3.05 per share

Miscellaneous

Free Float
N/A
Market Cap
$371.74 million
Optionable
Not Optionable
Beta
1.36

Key Executives

  • Mr. Elad Sharon (Age 46)
    CEO & Director
  • Mr. David Abadi (Age 48)
    Chief Financial Officer
  • Mr. Ziv Levi (Age 53)
    Chief Legal Officer
  • Ms. Rini Karlin (Age 50)
    Chief People Officer
  • Mr. Miki Migdal (Age 61)
    Chief Bus. Officer
  • Mr. Sharon Chouli (Age 52)
    Chief Customer Officer
  • Mr. Avi Schechter (Age 56)
    Chief Revenue Officer













CGNT Stock - Frequently Asked Questions

Should I buy or sell Cognyte Software stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cognyte Software in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research 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 forecast for 2023?

2 brokerages have issued 12 month price targets for Cognyte Software's shares. Their CGNT share price forecasts range from $3.00 to $3.00. On average, they predict the company's stock price to reach $3.00 in the next twelve months. This suggests that the stock has a possible downside of 44.4%.
View analysts price targets for CGNT
or view top-rated stocks among Wall Street analysts.

How have CGNT shares performed in 2023?

Cognyte Software's stock was trading at $3.11 at the beginning of the year. Since then, CGNT stock has increased by 73.6% and is now trading at $5.40.
View the best growth stocks for 2023 here
.

Are investors shorting Cognyte Software?

Cognyte Software saw a decline in short interest in May. As of May 15th, there was short interest totaling 531,600 shares, a decline of 18.1% from the April 30th total of 648,900 shares. Based on an average trading volume of 272,700 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.8% of the shares of the 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 Tuesday, June 27th 2023.
View our CGNT earnings forecast
.

How were Cognyte Software's earnings last quarter?

Cognyte Software Ltd. (NASDAQ:CGNT) released its quarterly earnings results on Monday, December, 20th. The medical device company reported $0.21 EPS for the quarter, beating analysts' consensus estimates of $0.10 by $0.11. The medical device company earned $118.70 million during the quarter, compared to the consensus estimate of $114.83 million. Cognyte Software had a negative net margin of 36.57% and a negative trailing twelve-month return on equity of 55.52%. The company's revenue was up 5.0% compared to the same quarter last year.

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).ETFMG Prime Cyber Security ETF (HACK).

What guidance has Cognyte Software issued on next quarter's earnings?

Cognyte Software issued an update on its FY 2024 earnings guidance on Tuesday, April, 11th. The company provided earnings per share guidance of -$0.60--$0.60 for the period, compared to the consensus EPS estimate of -$0.69. The company issued revenue guidance of $294.00 million-$306.00 million, compared to the consensus revenue estimate of $287.53 million.

What other stocks do shareholders of Cognyte Software own?
What is Cognyte Software's stock symbol?

Cognyte Software trades on the NASDAQ under the ticker symbol "CGNT."

Who are Cognyte Software's major shareholders?

Cognyte Software's stock is owned by many different institutional and retail investors. Top institutional shareholders include American Capital Management Inc. (7.14%), William Blair Investment Management LLC (4.33%), Ameriprise Financial Inc. (3.32%), Arrowstreet Capital Limited Partnership (1.36%), Dimensional Fund Advisors LP (1.01%) and BlackRock Inc. (0.91%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cognyte Software's stock price today?

One share of CGNT stock can currently be purchased for approximately $5.40.

How much money does Cognyte Software make?

Cognyte Software (NASDAQ:CGNT) has a market capitalization of $371.74 million and generates $312.06 million in revenue each year. The medical device company earns $-114,130,000.00 in net income (profit) each year or ($1.69) on an earnings per share basis.

How many employees does Cognyte Software have?

The company employs 1,650 workers across the globe.

How can I contact Cognyte Software?

Cognyte Software's mailing address is 5420 FELTL ROAD, MINNETONKA MN, 55343. The official website for the company is www.cogentixmedical.com. The medical device company can be reached via phone at 972-9962-2300 or via email at ir@cogentixmedical.com.

This page (NASDAQ:CGNT) was last updated on 6/7/2023 by MarketBeat.com Staff

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