Cognyte Software (NASDAQ:CGNT – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.160-0.160 for the period, compared to the consensus EPS estimate of 0.140. The company issued revenue guidance of $384.2 million-$399.8 million, compared to the consensus revenue estimate of $373.5 million. Cognyte Software also updated its FY guidance to $0.16 EPS.
Cognyte Software Stock Up 19.1 %
Shares of CGNT stock traded up $1.57 during mid-day trading on Wednesday, hitting $9.79. 1,116,083 shares of the company’s stock were exchanged, compared to its average volume of 280,862. The stock has a market cap of $703.84 million, a price-to-earnings ratio of -51.64 and a beta of 1.77. The stock has a 50-day simple moving average of $9.13 and a two-hundred day simple moving average of $8.21. Cognyte Software has a fifty-two week low of $6.21 and a fifty-two week high of $11.12.
Wall Street Analysts Forecast Growth
CGNT has been the topic of several recent analyst reports. StockNews.com lowered shares of Cognyte Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Needham & Company LLC reaffirmed a “hold” rating on shares of Cognyte Software in a research note on Thursday, December 12th.
Cognyte Software Company Profile
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.
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