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

Cognyte Software (NASDAQ:CGNT) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.470-0.470 for the period, compared to the consensus earnings per share estimate of 0.410. The company issued revenue guidance of $434.6 million-$461.4 million, compared to the consensus revenue estimate of $446.4 million.

Analyst Ratings Changes

A number of brokerages have issued reports on CGNT. Wall Street Zen cut Cognyte Software from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Zacks Research cut Cognyte Software from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Finally, Lake Street Capital initiated coverage on Cognyte Software in a research report on Monday, March 2nd. They set a “buy” rating and a $13.00 target price for the company. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $13.50.

Cognyte Software Trading Up 0.2%

CGNT opened at $9.25 on Friday. Cognyte Software has a 1-year low of $6.29 and a 1-year high of $12.31. The stock has a market capitalization of $675.99 million, a price-to-earnings ratio of -231.25 and a beta of 1.64. The business has a 50 day moving average of $9.63 and a 200-day moving average of $8.91.

Cognyte Software (NASDAQ:CGNT) last posted its quarterly earnings data on Wednesday, June 3rd. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.07). Cognyte Software had a negative net margin of 0.66% and a negative return on equity of 0.45%. The business had revenue of $105.49 million during the quarter, compared to the consensus estimate of $105.04 million. Cognyte Software has set its FY 2027 guidance at 0.470-0.470 EPS. Equities analysts predict that Cognyte Software will post 0.17 EPS for the current year.

Trending Headlines about Cognyte Software

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

• Positive Sentiment: Cognyte posted fiscal Q1 2027 revenue of $105.5 million, up 10% year over year and just ahead of estimates, suggesting continued demand for its investigative analytics and related security solutions. Cognyte Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: The company raised FY 2027 guidance, with EPS guidance of $0.47 versus the Street at $0.41 and revenue guidance of $434.6 million to $461.4 million above consensus, which supports the case for improving execution ahead. Cognyte Reports First Quarter Fiscal Year 2027 Financial Results
• Neutral Sentiment: Management and recent commentary suggest financial investigations could become a new growth engine, especially as Cognyte expands into financial crime and investigative analytics use cases. Can Financial Investigations Become Cognyte’s Next Major Growth Engine?
• Neutral Sentiment: Several earnings-call transcript and presentation articles may give investors more detail on the quarter, but they do not appear to change the main takeaway from the results. Cognyte Software Ltd. (CGNT) Q1 2027 Earnings Call Transcript
• Negative Sentiment: Cognyte earned just $0.03 per share versus expectations for $0.10, and that profit shortfall is the main reason the stock is being sold off despite the revenue beat. Cognyte Software Ltd. (CGNT) Misses Q1 Earnings Estimates
• Negative Sentiment: Some analysts are questioning whether the company’s cash-flow story is fully proven yet, which could keep a lid on the shares until results show more consistency. Cognyte Software: The Cash Flow Story Still Needs Proof

Institutional Investors Weigh In On Cognyte Software

Several hedge funds have recently modified their holdings of the business. American Capital Management Inc. boosted its position in shares of Cognyte Software by 0.6% in the third quarter. American Capital Management Inc. now owns 6,751,962 shares of the company’s stock valued at $56,716,000 after acquiring an additional 39,721 shares during the period. Westerly Capital Management LLC lifted its position in Cognyte Software by 5.0% in the fourth quarter. Westerly Capital Management LLC now owns 1,155,000 shares of the company’s stock worth $10,857,000 after purchasing an additional 55,000 shares during the period. Millennium Management LLC lifted its position in Cognyte Software by 101.9% in the first quarter. Millennium Management LLC now owns 921,853 shares of the company’s stock worth $7,190,000 after purchasing an additional 465,307 shares during the period. Scalar Gauge Management LLC lifted its position in Cognyte Software by 14.6% in the fourth quarter. Scalar Gauge Management LLC now owns 904,099 shares of the company’s stock worth $8,499,000 after purchasing an additional 115,000 shares during the period. Finally, Samjo Management LLC lifted its position in Cognyte Software by 64.4% in the fourth quarter. Samjo Management LLC now owns 896,325 shares of the company’s stock worth $8,425,000 after purchasing an additional 351,150 shares during the period. 72.92% of the stock is 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.