Cognyte Software (NASDAQ:CGNT – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. 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 Trading Up 19.1 %
Shares of CGNT traded up $1.57 during midday trading on Wednesday, reaching $9.79. 1,116,083 shares of the company were exchanged, compared to its average volume of 280,862. Cognyte Software has a 1-year low of $6.21 and a 1-year high of $11.12. The stock has a 50-day moving average price of $9.13 and a 200-day moving average price of $8.21. The company has a market cap of $703.84 million, a price-to-earnings ratio of -51.64 and a beta of 1.77.
Analyst Ratings Changes
A number of research firms have weighed in on CGNT. StockNews.com cut Cognyte Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Needham & Company LLC restated a “hold” rating on shares of Cognyte Software in a research note on Thursday, December 12th.
About Cognyte Software
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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