Cognyte Software (NASDAQ:CGNT) Updates FY25 Earnings Guidance

Cognyte Software (NASDAQ:CGNTGet Free Report) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of ($0.07) for the period, compared to the consensus earnings per share estimate of ($0.45). The company issued revenue guidance of $344 million, compared to the consensus revenue estimate of $339.02 million. Cognyte Software also updated its FY 2025 guidance to -0.070–0.070 EPS.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Needham & Company LLC restated a hold rating on shares of Cognyte Software in a research note on Tuesday. Wedbush lifted their price target on Cognyte Software from $8.00 to $9.00 and gave the company a neutral rating in a research note on Thursday. Evercore ISI lifted their price target on Cognyte Software from $5.00 to $7.50 and gave the company an in-line rating in a research note on Wednesday, April 10th. Finally, StockNews.com upgraded Cognyte Software from a buy rating to a strong-buy rating in a report on Friday.

View Our Latest Stock Report on Cognyte Software

Cognyte Software Trading Down 2.2 %

CGNT stock opened at $7.43 on Friday. Cognyte Software has a 12-month low of $4.00 and a 12-month high of $8.70. The business’s 50-day moving average is $7.39 and its 200 day moving average is $7.10.

Cognyte Software (NASDAQ:CGNTGet Free Report) last posted its quarterly earnings data on Tuesday, June 18th. The medical device company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.03. Cognyte Software had a negative return on equity of 5.98% and a negative net margin of 3.70%. The company had revenue of $82.70 million for the quarter, compared to analysts’ expectations of $82.05 million. During the same period in the previous year, the firm posted ($0.25) EPS. Cognyte Software’s revenue was up 12.7% compared to the same quarter last year. Research analysts expect that Cognyte Software will post -0.3 earnings per share for the current year.

Cognyte Software Company Profile

(Get Free Report)

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.

Further Reading

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