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

Cognyte Software (NASDAQ:CGNT) issued an update on 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 Price Performance

Shares of CGNT opened at $8.15 on Thursday. The stock has a market cap of $602.28 million, a PE ratio of -203.75 and a beta of 1.67. The firm has a 50-day simple moving average of $8.82 and a two-hundred day simple moving average of $8.92. Cognyte Software has a 1-year low of $6.29 and a 1-year high of $12.31.

Cognyte Software (NASDAQ:CGNT) last released its earnings results on Thursday, September 10th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.09 by $0.06. Cognyte Software had a negative return on equity of 0.45% and a negative net margin of 0.66%.The firm had revenue of $109.24 million during the quarter, compared to analysts’ expectations of $108.51 million. As a group, sell-side analysts expect that Cognyte Software will post 0.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on CGNT. Wall Street Zen lowered shares of Cognyte Software from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Zacks Research raised Cognyte Software from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Cognyte Software presently has an average rating of “Hold” and an average price target of $13.50.

Trending Headlines about Cognyte Software

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

• Positive Sentiment: Cognyte reported quarterly EPS of $0.15, beating the $0.09 consensus estimate by $0.06. Revenue was $109.24 million, modestly ahead of the $108.51 million expectation. Cognyte Software Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management highlighted accelerating software growth and expanding profitability, supporting the view that Cognyte’s transition toward software-based offerings is improving operating performance. Cognyte Reports Strong Second Quarter Results
• Positive Sentiment: Fiscal 2027 EPS guidance of approximately $0.47 is above the $0.38 analyst consensus, indicating management expects earnings to outperform current market expectations. Cognyte Fiscal 2027 Guidance
• Neutral Sentiment: Cognyte narrowed its fiscal-year revenue guidance to $439 million-$457 million, with the midpoint slightly above the $446.4 million consensus. The narrower range provides greater clarity but leaves limited upside versus expectations. Cognyte Narrows Revenue Guidance
• Negative Sentiment: Despite the improved outlook, the company remains marginally unprofitable, with a negative net margin and negative return on equity. That may temper enthusiasm until stronger revenue growth produces consistent net profits.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Osaic Holdings Inc. raised its stake in Cognyte Software by 79.4% during the second quarter. Osaic Holdings Inc. now owns 3,634 shares of the company’s stock worth $34,000 after acquiring an additional 1,608 shares during the period. Quarry LP bought a new position in Cognyte Software during the 3rd quarter worth $33,000. LPL Financial LLC acquired a new position in shares of Cognyte Software during the fourth quarter valued at $113,000. Aigen Investment Management LP bought a new position in Cognyte Software in the 4th quarter worth about $141,000. Finally, Brooklyn Investment Group bought a new stake in Cognyte Software during the 4th quarter valued at $156,000. 72.92% of the stock is currently owned by institutional investors.

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.