eGain (NASDAQ:EGAN) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen downgraded shares of eGain (NASDAQ:EGAN) from a buy rating to a hold rating in a research note published on Saturday morning.

A number of other research firms also recently issued reports on EGAN. Roth Mkm reaffirmed a “buy” rating and issued a $20.00 price objective on shares of eGain in a research note on Wednesday, February 4th. B. Riley Financial started coverage on eGain in a research note on Friday, January 23rd. They issued a “neutral” rating and a $10.50 price objective on the stock. Finally, Weiss Ratings downgraded eGain from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $15.25.

eGain Price Performance

NASDAQ:EGAN opened at $6.49 on Friday. eGain has a 1 year low of $4.96 and a 1 year high of $15.95. The stock’s 50 day simple moving average is $7.97 and its two-hundred day simple moving average is $9.85. The company has a market cap of $177.76 million, a price-to-earnings ratio of 4.70 and a beta of 0.83.

eGain (NASDAQ:EGAN) last released its quarterly earnings data on Thursday, May 14th. The technology company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. eGain had a return on equity of 12.83% and a net margin of 41.68%.The business had revenue of $22.50 million for the quarter, compared to the consensus estimate of $22.46 million. eGain has set its FY 2026 guidance at 0.390-0.420 EPS and its Q4 2026 guidance at 0.020-0.050 EPS. As a group, analysts anticipate that eGain will post 0.25 EPS for the current year.

Hedge Funds Weigh In On eGain

A number of institutional investors and hedge funds have recently modified their holdings of EGAN. Caitong International Asset Management Co. Ltd purchased a new position in shares of eGain in the 4th quarter worth approximately $41,000. BNP Paribas Financial Markets boosted its holdings in shares of eGain by 29.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,317 shares of the technology company’s stock worth $55,000 after purchasing an additional 1,432 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of eGain in the 4th quarter worth approximately $63,000. Kemnay Advisory Services Inc. purchased a new position in shares of eGain in the 4th quarter worth approximately $65,000. Finally, NewEdge Advisors LLC purchased a new position in shares of eGain in the 3rd quarter worth approximately $106,000. Hedge funds and other institutional investors own 53.94% of the company’s stock.

Trending Headlines about eGain

Here are the key news stories impacting eGain this week:

• Positive Sentiment: eGain beat Q3 earnings and revenue expectations, reporting $0.11 per share versus the $0.07 consensus and revenue of $22.5 million versus $22.44 million expected. Article Title
• Positive Sentiment: Management highlighted accelerating AI knowledge demand and improving profitability, which supports the long-term growth story for eGain’s customer engagement software. Article Title
• Positive Sentiment: The company raised full-year EPS guidance to $0.390-$0.420, above the Street’s $0.340 estimate, suggesting stronger profitability than analysts expected. Article Title
• Neutral Sentiment: The company forecast FY 2026 revenue of $90.5 million to $91.0 million, slightly below the $91.6 million consensus, which may temper enthusiasm despite the earnings beat. Article Title
• Negative Sentiment: Q4 revenue guidance of $21.5 million to $22.0 million came in below the $22.7 million consensus, creating some pressure on the shares. Article Title

About eGain

eGain Incorporated (NASDAQ: EGAN) is a software company specializing in cloud-based customer engagement solutions. Its platform integrates knowledge management, analytics, and artificial intelligence to help organizations streamline customer service across digital channels. By centralizing information and automating routine interactions, eGain aims to improve agent productivity, reduce response times, and deliver consistent customer experiences.

The company’s product suite includes tools for knowledge authoring and delivery, AI-powered chatbots, case management, and predictive analytics.