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 15.74% upside from CGNT’s last price of $6.48) 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 15.74% upside from CGNT's last price of $6.48.
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% | 15.74% |
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 15.74% increase from CGNT last price ($6.48).
Cognyte Software Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $7.50 |
| Last Closing Price | $6.48 | $6.48 | $6.48 |
| Upside/Downside | -100.00% | -100.00% | 15.74% |
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 $6.48. 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 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 | $98.66M | $94.60M | $91.91M | $89.42M | $92.03M | $87.72M | $83.69M | $82.05M | $80.11M | $77.63M | $73.87M | $71.53M | $90.63M | $78.93M | $92.47M | $112.60M | $129.58M | $114.83M | $115.71M | $113.87M | $123.38M |
| High Forecast | $98.85M | $94.78M | $92.08M | $89.59M | $92.20M | $87.88M | $83.69M | $82.05M | $80.11M | $78.30M | $74.01M | $71.66M | $90.80M | $79.23M | $92.82M | $113.02M | $130.07M | $115.27M | $116.14M | $114.30M | $123.85M |
| Low Forecast | $98.49M | $94.43M | $91.75M | $89.26M | $91.87M | $87.56M | $83.69M | $82.05M | $80.11M | $76.96M | $73.74M | $71.40M | $90.47M | $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 | 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 $71.53M, with a low forecast of $71.40M, and a high forecast of $71.66M. CGNT's average Quarter revenue forecast represents a -2.37% decrease compared to the company's last Quarter revenue of $73.26M (Jan 23).
Cognyte Software EBITDA Forecast
| 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 | 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 | $331.42K | $317.78K | $308.75K | $300.37K | $309.15K | $294.66K | $281.13K | $275.60K | $269.09K | $260.77K | $248.15K | $240.27K | $9.72M | $265.13K | $-440.44M | $378.23K | $435.28K | $385.73K | $2.83M | $382.50K | $414.45K |
| High Forecast | $332.04K | $318.37K | $309.32K | $300.93K | $309.72K | $295.21K | $281.13K | $275.60K | $269.09K | $263.02K | $248.61K | $240.71K | $11.67M | $266.13K | $-352.35M | $379.65K | $436.92K | $387.19K | $3.40M | $383.94K | $416.01K |
| Low Forecast | $330.82K | $317.20K | $308.19K | $299.83K | $308.59K | $294.13K | $281.13K | $275.60K | $269.09K | $258.52K | $247.70K | $239.83K | $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 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 | 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 | $2.15M | $-7.18M | $-19.03M | $-7.90M | $28.00M | $7.54M | $-1.62M | $-4.67M | $-19.39M | $718.00K | $-15.08M | $-15.73M | $2.25M | $-14.65M | $-526.13M | $6.70M | $15.56M | $7.04M | $-3.46M | $11.06M | $16.33M |
| High Forecast | $2.16M | $-7.16M | $-18.98M | $-7.88M | $28.07M | $7.56M | $-1.62M | $-4.66M | $-19.34M | $719.74K | $-15.04M | $-15.70M | $2.70M | $-14.58M | $-420.90M | $6.73M | $15.63M | $7.07M | $-2.77M | $11.11M | $16.41M |
| Low Forecast | $2.15M | $-7.20M | $-19.07M | $-7.92M | $27.94M | $7.52M | $-1.63M | $-4.68M | $-19.43M | $716.32K | $-15.11M | $-15.77M | $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 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 | 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 | $39.24M | $37.62M | $36.55M | $35.56M | $36.60M | $34.89M | $33.29M | $32.63M | $31.86M | $30.87M | $29.38M | $28.45M | $43.73M | $31.39M | $36.78M | $44.78M | $51.54M | $45.67M | $40.04M | $45.29M | $49.07M |
| High Forecast | $39.31M | $37.69M | $36.62M | $35.63M | $36.67M | $34.95M | $33.29M | $32.63M | $31.86M | $31.14M | $29.43M | $28.50M | $52.48M | $31.51M | $36.92M | $44.95M | $51.73M | $45.84M | $48.05M | $45.46M | $49.25M |
| Low Forecast | $39.17M | $37.56M | $36.49M | $35.50M | $36.54M | $34.82M | $33.29M | $32.63M | $31.86M | $30.61M | $29.33M | $28.40M | $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 $28.45M, based on 1 Wall Street analysts, with a range of $28.40M to $28.50M. The forecast indicates a -18.89% fall compared to CGNT last annual SG&A of $35.07M (Jan 23).
Cognyte Software EPS Forecast
| 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 | 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 | $0.03 | $-0.10 | $-0.27 | $-0.11 | $0.39 | $0.10 | $-0.02 | $-0.07 | $-0.27 | $0.01 | $-0.21 | $-0.22 | $-0.13 | $-0.20 | $-0.12 | $0.09 | $0.22 | $0.10 | $0.16 | $0.15 | $0.23 |
| High Forecast | $0.03 | $-0.10 | $-0.26 | $-0.11 | $0.39 | $0.11 | $-0.02 | $-0.06 | $-0.27 | $0.01 | $-0.21 | $-0.22 | $-0.13 | $-0.20 | $-0.12 | $0.09 | $0.22 | $0.10 | $0.16 | $0.15 | $0.23 |
| Low Forecast | $0.03 | $-0.10 | $-0.27 | $-0.11 | $0.39 | $0.10 | $-0.02 | $-0.07 | $-0.27 | $0.01 | $-0.21 | $-0.22 | $-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 |
|---|---|---|---|---|---|
| CCCS | CCC Intelligent Solutions | $10.66 | $13.67 | 28.24% | Buy |
| CGNT | Cognyte Software | $6.48 | $7.50 | 15.74% | Hold |
| CSGS | CSG Systems | $47.66 | $52.00 | 9.11% | Buy |
| NTCT | NetScout Systems | $20.35 | $22.00 | 8.11% | Hold |
| RDWR | Radware | $21.63 | $23.00 | 6.33% | Buy |
| CCSI | Consensus Cloud Solutions | $23.57 | $25.00 | 6.07% | Buy |
| VRNS | Varonis Systems | $50.89 | $53.35 | 4.83% | Buy |
| EVTC | EVERTEC | $33.02 | $28.00 | -15.20% | Sell |
CGNT Forecast FAQ
Is Cognyte Software a good buy?
No, according to 3 Wall Street analysts, Cognyte Software (CGNT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of CGNT's total ratings.
What is CGNT's price target?
Cognyte Software (CGNT) average price target is $7.5 with a range of $7.5 to $7.5, implying a 15.74% from its last price of $6.48. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Cognyte Software stock go up soon?
According to Wall Street analysts' prediction for CGNT stock, the company can go up by 15.74% (from the last price of $6.48 to the average price target of $7.5), up by 15.74% based on the highest stock price target, and up by 15.74% based on the lowest stock price target.
Can Cognyte Software stock reach $10?
CGNT's average twelve months analyst stock price target of $7.5 does not support the claim that Cognyte Software can reach $10 in the near future.
What are Cognyte Software's analysts' financial forecasts?
Cognyte Software's analysts financial forecasts for the fiscal year (Jan 2025) are as follows: average revenue is $345.49M (high $345.83M, low $345.17M), average EBITDA is $1.16M (high $1.16M, low $1.16M), average net income is $29.25M (high $29.35M, low $29.15M), average SG&A $137.41M (high $137.54M, low $137.28M), and average EPS is $0.407 (high $0.409, low $0.406). CGNT's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $374.6M (high $375.3M, low $373.93M), average EBITDA is $1.26M (high $1.26M, low $1.26M), average net income is $-31.951M (high $-31.866M, low $-32.039M), average SG&A $148.98M (high $149.26M, low $148.71M), and average EPS is $-0.445 (high $-0.444, low $-0.446).
Did the CGNT's actual financial results beat the analysts' financial forecasts?
Based on Cognyte Software's last annual report (Jan 2023), the company's revenue was $312.06M, which missed the average analysts forecast of $374.64M by -16.70%. Apple's EBITDA was $-77.348M, missing the average prediction of $-430M by -82.01%. The company's net income was $-110M, missing the average estimation of $-532M by -79.33%. Apple's SG&A was $154.35M, missing the average forecast of $156.68M by -1.49%. Lastly, the company's EPS was $-1.62, beating the average prediction of $-0.358 by 352.47%. In terms of the last quarterly report (Jan 2023), Cognyte Software's revenue was $73.26M, missing the average analysts' forecast of $90.63M by -19.17%. The company's EBITDA was $-14.946M, missing the average prediction of $9.72M by -253.71%. Cognyte Software's net income was $-26.051M, missing the average estimation of $2.25M by -1257.53%. The company's SG&A was $35.07M, missing the average forecast of $43.73M by -19.80%. Lastly, the company's EPS was $-0.38, beating the average prediction of $-0.131 by 190.74%