Cognyte Software (CGNT) Expected to Announce Earnings on Wednesday

Cognyte Software (NASDAQ:CGNT) is projected to post its Q1 2026 quarterly earnings results before the market opens on Wednesday, June 11th. Analysts expect Cognyte Software to post earnings of $0.01 per share and revenue of $93.96 million for the quarter. Cognyte Software has set its FY guidance at $0.16 EPS and its FY 2026 guidance at 0.160-0.160 EPS.

Cognyte Software (NASDAQ:CGNT) last issued its quarterly earnings data on Wednesday, April 2nd. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. The company had revenue of $94.51 million during the quarter, compared to analysts’ expectations of $93.15 million. Cognyte Software had a negative return on equity of 13.30% and a negative net margin of 3.95%. During the same period last year, the business earned ($0.23) earnings per share.

Cognyte Software Stock Performance

Shares of NASDAQ CGNT opened at $11.20 on Tuesday. The stock has a market cap of $807.04 million, a PE ratio of -58.95 and a beta of 1.73. The business has a fifty day moving average of $9.98 and a two-hundred day moving average of $9.32. Cognyte Software has a 52-week low of $6.21 and a 52-week high of $11.66.

Hedge Funds Weigh In On Cognyte Software

An institutional investor recently raised its position in Cognyte Software stock. Millennium Management LLC increased its holdings in shares of Cognyte Software Ltd. (NASDAQ:CGNT) by 101.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 921,853 shares of the company’s stock after purchasing an additional 465,307 shares during the period. Millennium Management LLC owned approximately 1.28% of Cognyte Software worth $7,190,000 at the end of the most recent quarter. 72.92% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on CGNT. Needham & Company LLC restated a “hold” rating on shares of Cognyte Software in a research note on Thursday, May 22nd. Wall Street Zen upgraded Cognyte Software from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 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.