Cognyte Software (CGNT) Stock Forecast, Price Target & Predictions
CGNT Stock Forecast
Cognyte Software stock forecast is as follows: an average price target of $7.50 (represents a -13.49% downside from CGNT’s last price of $8.67) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
CGNT Price Target
The average price target for Cognyte Software (CGNT) is $7.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $7.50 to $7.50. This represents a potential -13.49% downside from CGNT's last price of $8.67.
CGNT Analyst Ratings
According to 3 Wall Street analysts, Cognyte Software's rating consensus is 'Hold'. The analyst rating breakdown for CGNT stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 3 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Cognyte Software Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 10, 2024 | Kirk Materne | Evercore ISI | $7.50 | $7.27 | 3.16% | -13.49% |
The latest Cognyte Software stock forecast, released on Apr 10, 2024 by Kirk Materne from Evercore ISI, set a price target of $7.50, which represents a 3.16% increase from the stock price at the time of the forecast ($7.27), and a -13.49% decrease from CGNT last price ($8.67).
Cognyte Software Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $7.50 |
| Last Closing Price | $8.67 | $8.67 | $8.67 |
| Upside/Downside | -100.00% | -100.00% | -13.49% |
In the current month, the average price target of Cognyte Software stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cognyte Software's last price of $8.67. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Needham | Hold | Hold | Hold |
| Sep 10, 2024 | Wedbush | Neutral | Neutral | Hold |
| Jun 20, 2024 | Wedbush | Neutral | Neutral | Hold |
| Oct 19, 2022 | Needham | Hold | Hold | Hold |
| Jun 28, 2022 | William Blair | Market Perform | Downgrade |
Cognyte Software's last stock rating was published by Needham on Sep 10, 2024. The company gave CGNT a "Hold" rating, the same as its previous rate.
Cognyte Software Financial Forecast
Cognyte Software Revenue Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $73.26M | $71.25M | $81.11M | $86.44M | $124.96M | $118.36M | $115.99M | $114.73M | - |
| Avg Forecast | $109.22M | $104.29M | $99.98M | $96.42M | $99.45M | $95.35M | $92.17M | $89.65M | $93.15M | $87.72M | $83.69M | $82.05M | $80.11M | $77.63M | $73.87M | $90.63M | $90.63M | $78.93M | $92.47M | $112.60M | $129.58M | $114.83M | $115.71M | $113.87M | $123.38M |
| High Forecast | $109.36M | $104.43M | $100.12M | $96.55M | $99.58M | $95.47M | $92.29M | $89.77M | $93.28M | $87.84M | $83.69M | $82.05M | $80.11M | $78.30M | $74.18M | $90.76M | $91.01M | $79.23M | $92.82M | $113.02M | $130.07M | $115.27M | $116.14M | $114.30M | $123.85M |
| Low Forecast | $109.07M | $104.15M | $99.85M | $96.29M | $99.32M | $95.22M | $92.04M | $89.53M | $93.03M | $87.60M | $83.69M | $82.05M | $80.11M | $76.96M | $73.53M | $90.51M | $90.21M | $78.64M | $92.13M | $112.18M | $129.10M | $114.40M | $115.27M | $113.45M | $122.92M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.90% | 0.88% | 0.77% | 0.96% | 1.03% | 1.00% | 1.01% | - |
Cognyte Software's average Quarter revenue forecast for Apr 23 based on 1 analysts is $90.63M, with a low forecast of $90.51M, and a high forecast of $90.76M. CGNT's average Quarter revenue forecast represents a 23.71% increase compared to the company's last Quarter revenue of $73.26M (Jan 23).
Cognyte Software EBITDA Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-14.95M | $-20.16M | $-22.31M | $-24.45M | $3.30M | $9.57M | $4.92M | $3.60M | - |
| Avg Forecast | $613.57K | $585.91K | $561.70K | $541.67K | $558.70K | $535.65K | $517.79K | $503.63K | $523.34K | $492.81K | $470.19K | $460.93K | $450.04K | $436.13K | $415.01K | $509.18K | $9.72M | $265.13K | $-440.44M | $378.23K | $435.28K | $385.73K | $2.83M | $382.50K | $414.45K |
| High Forecast | $614.39K | $586.69K | $562.45K | $542.40K | $559.45K | $536.36K | $518.49K | $504.30K | $524.03K | $493.47K | $470.19K | $460.93K | $450.04K | $439.89K | $416.74K | $509.86K | $11.67M | $266.13K | $-352.35M | $379.65K | $436.92K | $387.19K | $3.40M | $383.94K | $416.01K |
| Low Forecast | $612.75K | $585.13K | $560.95K | $540.95K | $557.96K | $534.93K | $517.10K | $502.95K | $522.64K | $492.16K | $470.19K | $460.93K | $450.04K | $432.36K | $413.08K | $508.50K | $7.78M | $264.14K | $-528.52M | $376.81K | $433.66K | $384.29K | $2.27M | $381.07K | $412.90K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.54% | -76.03% | 0.05% | -64.65% | 7.58% | 24.82% | 1.74% | 9.40% | - |
1 analysts predict CGNT's average Quarter EBITDA for Apr 22 to be $378.23K, with a high of $379.65K and a low of $376.81K. This is -88.54% lower than Cognyte Software's previous annual EBITDA (Jan 22) of $3.30M.
Cognyte Software Net Income Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-26.05M | $-26.80M | $-27.70M | $-29.40M | $-11.52M | $3.51M | $-285.00K | $-4.39M | - |
| Avg Forecast | $4.32M | $3.60M | $2.16M | $719.37K | $4.32M | $-6.47M | $-17.98M | $-6.83M | $719.37K | $7.55M | $-1.63M | $-4.68M | $-19.42M | $718.00K | $-15.08M | $-9.40M | $2.25M | $-14.65M | $-526.13M | $6.70M | $15.56M | $7.04M | $-3.46M | $11.06M | $16.33M |
| High Forecast | $4.32M | $3.60M | $2.16M | $720.62K | $4.32M | $-6.46M | $-17.95M | $-6.82M | $720.62K | $7.57M | $-1.62M | $-4.67M | $-19.39M | $721.88K | $-14.99M | $-9.39M | $2.70M | $-14.58M | $-420.90M | $6.73M | $15.63M | $7.07M | $-2.77M | $11.11M | $16.41M |
| Low Forecast | $4.31M | $3.59M | $2.15M | $718.12K | $4.31M | $-6.49M | $-18.02M | $-6.85M | $718.12K | $7.54M | $-1.63M | $-4.68M | $-19.46M | $713.65K | $-15.16M | $-9.42M | $1.80M | $-14.72M | $-631.35M | $6.67M | $15.48M | $7.00M | $-4.15M | $11.00M | $16.26M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -11.58% | 1.83% | 0.05% | -4.39% | -0.74% | 0.50% | 0.08% | -0.40% | - |
Cognyte Software's average Quarter net income forecast for Jan 22 is $15.56M, with a range of $15.48M to $15.63M. CGNT's average Quarter net income forecast represents a 343.47% increase compared to the company's last Quarter net income of $3.51M (Oct 21).
Cognyte Software SG&A Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $35.07M | $36.83M | $39.04M | $43.40M | $46.85M | $43.06M | $45.14M | $50.82M | - |
| Avg Forecast | $43.50M | $41.54M | $39.82M | $38.40M | $39.61M | $37.97M | $36.71M | $35.70M | $37.10M | $34.94M | $33.33M | $32.68M | $31.90M | $30.92M | $29.42M | $36.10M | $43.73M | $31.39M | $36.78M | $44.78M | $51.54M | $45.67M | $40.04M | $45.29M | $49.07M |
| High Forecast | $43.56M | $41.59M | $39.87M | $38.45M | $39.66M | $38.02M | $36.76M | $35.75M | $37.15M | $34.98M | $33.33M | $32.68M | $31.90M | $31.19M | $29.54M | $36.15M | $52.48M | $31.51M | $36.92M | $44.95M | $51.73M | $45.84M | $48.05M | $45.46M | $49.25M |
| Low Forecast | $43.44M | $41.48M | $39.77M | $38.35M | $39.56M | $37.92M | $36.66M | $35.66M | $37.05M | $34.89M | $33.33M | $32.68M | $31.90M | $30.65M | $29.28M | $36.05M | $34.98M | $31.27M | $36.64M | $44.61M | $51.34M | $45.50M | $32.03M | $45.12M | $48.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 1.17% | 1.06% | 0.97% | 0.91% | 0.94% | 1.13% | 1.12% | - |
Cognyte Software's average Quarter SG&A projection for Apr 23 is $36.10M, based on 1 Wall Street analysts, with a range of $36.05M to $36.15M. The forecast indicates a 2.92% rise compared to CGNT last annual SG&A of $35.07M (Jan 23).
Cognyte Software EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.38 | $-0.39 | $-0.41 | $-0.44 | $-0.17 | $0.05 | $-0.00 | $-0.07 | - |
| Avg Forecast | $0.06 | $0.05 | $0.03 | $0.01 | $0.06 | $-0.09 | $-0.25 | $-0.10 | $0.01 | $0.10 | $-0.02 | $-0.07 | $-0.27 | $0.01 | $-0.21 | $-0.13 | $-0.13 | $-0.20 | $-0.12 | $0.09 | $0.22 | $0.10 | $0.16 | $0.15 | $0.23 |
| High Forecast | $0.06 | $0.05 | $0.03 | $0.01 | $0.06 | $-0.09 | $-0.25 | $-0.09 | $0.01 | $0.11 | $-0.02 | $-0.06 | $-0.27 | $0.01 | $-0.21 | $-0.13 | $-0.13 | $-0.20 | $-0.12 | $0.09 | $0.22 | $0.10 | $0.16 | $0.15 | $0.23 |
| Low Forecast | $0.06 | $0.05 | $0.03 | $0.01 | $0.06 | $-0.09 | $-0.25 | $-0.10 | $0.01 | $0.10 | $-0.02 | $-0.07 | $-0.27 | $0.01 | $-0.21 | $-0.13 | $-0.13 | $-0.20 | $-0.12 | $0.09 | $0.22 | $0.10 | $0.16 | $0.15 | $0.23 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.91% | 1.91% | 3.51% | -4.71% | -0.78% | 0.53% | -0.03% | -0.45% | - |
According to 1 Wall Street analysts, Cognyte Software's projected average Quarter EPS for Jan 22 is $0.22, with a low estimate of $0.22 and a high estimate of $0.22. This represents a 313.49% increase compared to CGNT previous annual EPS of $0.05 (Oct 21).
Cognyte Software Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| VRNS | Varonis Systems | $47.20 | $58.56 | 24.07% | Buy |
| CCSI | Consensus Cloud Solutions | $24.33 | $30.00 | 23.30% | Buy |
| CCCS | CCC Intelligent Solutions | $12.10 | $14.33 | 18.43% | Buy |
| RDWR | Radware | $23.11 | $23.00 | -0.48% | Buy |
| NTCT | NetScout Systems | $22.37 | $22.00 | -1.65% | Hold |
| CSGS | CSG Systems | $53.57 | $52.00 | -2.93% | Buy |
| EVTC | EVERTEC | $34.85 | $31.50 | -9.61% | Sell |
| CGNT | Cognyte Software | $9.26 | $7.50 | -19.01% | Hold |