Cognyte Software (NASDAQ:CGNT) Releases FY 2027 Earnings Guidance

Cognyte Software (NASDAQ:CGNT) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.470-0.470 for the period, compared to the consensus estimate of 0.380. The company issued revenue guidance of $439.0 million-$457.0 million, compared to the consensus revenue estimate of $446.4 million.

Cognyte Software Stock Performance

Cognyte Software stock opened at $8.08 on Friday. The company has a 50 day moving average price of $8.81 and a 200 day moving average price of $8.93. The firm has a market capitalization of $597.11 million, a price-to-earnings ratio of -202.00 and a beta of 1.67. Cognyte Software has a 52 week low of $6.29 and a 52 week high of $12.31.

Cognyte Software (NASDAQ:CGNT) last released its earnings results on Wednesday, September 9th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.06. The company had revenue of $109.24 million during the quarter, compared to the consensus estimate of $108.51 million. Cognyte Software had a negative net margin of 0.01% and a positive return on equity of 1.30%. Cognyte Software has set its FY 2027 guidance at 0.470-0.470 EPS. Equities analysts forecast that Cognyte Software will post 0.08 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Zacks Research raised Cognyte Software from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. Wall Street Zen cut shares of Cognyte Software from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $13.50.

Key Stories Impacting Cognyte Software

Here are the key news stories impacting Cognyte Software this week:

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Cognyte reported adjusted EPS of $0.15, versus the $0.09 consensus estimate, while revenue of $109.24 million topped expectations of $108.51 million. Cognyte Software Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management highlighted accelerating software growth and expanding profitability. The strong-results announcement and earnings call likely supported the roughly 8.6% post-results increase in CGNT shares. Cognyte Reports Strong Second Quarter Results
• Positive Sentiment: Full-year EPS guidance is above analyst expectations. Cognyte issued fiscal 2027 EPS guidance of $0.47, compared with the consensus estimate of $0.38, signaling improved earnings potential. Cognyte earnings and guidance
• Neutral Sentiment: Revenue guidance was narrowed. The $439 million-$457 million fiscal 2027 range broadly brackets the $446.4 million consensus estimate, but the narrower outlook introduces some caution about revenue growth. Cognyte Narrows Revenue Guidance
• Negative Sentiment: Profitability remains fragile. Despite the EPS beat, Cognyte reported a negative net margin of 0.66% and negative return on equity of 0.45%, leaving investors focused on whether improved profitability can be sustained.
• Neutral Sentiment: Short-interest data provides no actionable signal. Reported short interest was zero shares with a zero-day days-to-cover ratio, suggesting the data is likely incomplete or unreliable rather than evidence of meaningful short-covering demand.

Institutional Trading of Cognyte Software

A number of large investors have recently added to or reduced their stakes in CGNT. Millennium Management LLC grew its stake in shares of Cognyte Software by 101.9% in the 1st quarter. Millennium Management LLC now owns 921,853 shares of the company’s stock valued at $7,190,000 after buying an additional 465,307 shares during the period. Samjo Management LLC raised its stake in Cognyte Software by 64.4% during the 4th quarter. Samjo Management LLC now owns 896,325 shares of the company’s stock worth $8,425,000 after buying an additional 351,150 shares during the period. Marshall Wace LLP raised its stake in Cognyte Software by 77.5% during the 2nd quarter. Marshall Wace LLP now owns 756,876 shares of the company’s stock worth $6,994,000 after buying an additional 330,569 shares during the period. Westerly Capital Management LLC boosted its holdings in Cognyte Software by 29.4% in the third quarter. Westerly Capital Management LLC now owns 1,100,000 shares of the company’s stock worth $9,240,000 after acquiring an additional 250,000 shares in the last quarter. Finally, Archon Capital Management LLC bought a new position in Cognyte Software in the fourth quarter worth approximately $1,958,000. Institutional investors and hedge funds own 72.92% of the company’s stock.

About Cognyte Software

Cognyte Software Ltd. is a global provider of security analytics solutions that was spun off from NICE Ltd. in early 2021. Headquartered in Israel, the company delivers specialized software and services designed to help government agencies, law enforcement organizations and critical infrastructure operators process and analyze large volumes of data for intelligence and investigative purposes.

The company’s core offerings include advanced analytics platforms that aggregate and visualize structured and unstructured data from diverse sources, such as communications metadata, open-source intelligence and sensor feeds.