Cognyte Software Ltd. (CGNT)

NASDAQ: CGNT · Real-Time Price · USD
7.46
+0.48 (6.88%)
At close: Nov 20, 2024, 4:00 PM
7.55
+0.09 (1.21%)
After-hours: Nov 20, 2024, 6:18 PM EST
6.88%
Market Cap 536.34M
Revenue (ttm) 330.21M
Net Income (ttm) -4.44M
Shares Out 71.89M
EPS (ttm) -0.06
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 262,154
Open 6.85
Previous Close 6.98
Day's Range 6.85 - 7.50
52-Week Range 4.34 - 8.70
Beta 1.71
Analysts Hold
Price Target 8.25 (+10.59%)
Earnings Date Dec 11, 2024

About CGNT

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. Its solutions are designed to support various use cases and support a range of users, including data analys... [Read more]

Sector Technology
Founded 2020
Employees 1,613
Stock Exchange NASDAQ
Ticker Symbol CGNT
Full Company Profile

Financial Performance

In 2023, Cognyte Software's revenue was $313.40 million, an increase of 0.43% compared to the previous year's $312.06 million. Losses were -$15.57 million, -86.36% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CGNT stock is "Hold." The 12-month stock price forecast is $8.25, which is an increase of 10.59% from the latest price.

Price Target
$8.25
(10.59% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Cognyte Announces Board Authorization of $20 Million Share Repurchase Program

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte's board of directors approved a share repurchase program authorizing the buyback of up to $20M in ordinary shares over the next 18 months.

9 days ago - Business Wire

APAC Law Enforcement Agency Secures Borders and Enhances Safety with Cognyte $10-Plus Million Expansion

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte announced a significant expansion agreement, valued at over $10 million, with a longstanding customer in the Asia-Pacific (APAC) region.

10 days ago - Business Wire

Cognyte to Participate in the Needham Virtual Infrastructure, Data Analytics Software & Cloud Communications Conference

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte will participate in the Needham Virtual Infrastructure, Data Analytics Software & Cloud Communications Conference on November 20, 2024.

13 days ago - Business Wire

Cognyte Customer in EMEA Safeguards National Interests with $20-plus Million Agreement

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte announced a one-year support agreement valued at over $20 million with a longstanding customer in the Europe-Middle East-Africa region.

21 days ago - Business Wire

Cognyte Software: A Stock For Value Investors

Cognyte is undervalued and poised for 40% annualized returns, with shares estimated to reach $36 in 5 years based on conservative valuation multiples. The company serves over 400 national security age...

2 months ago - Seeking Alpha

Cognyte Recognized for its LUMINAR Solution In the 2024 Gartner® Emerging Tech: The Future of Cyberthreat Intelligence Research

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte recognized for its LUMINAR solution in the 2024 Gartner® Emerging Tech: The Future of Cyberthreat Intelligence Research.

2 months ago - Business Wire

Cognyte Software (CGNT) Q2 2025 Earnings Call Transcript

Cognyte Software Inc. (NASDAQ:CGNT) Q2 2025 Earnings Conference Call September 10, 2024 8:30 AM ET Company Participants Elad Sharon - Chief Executive Officer David Abadi - Chief Financial Officer Dea...

2 months ago - Seeking Alpha

Cognyte Reports Strong Second Quarter Fiscal 2025 Financial Results

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte reports strong second quarter fiscal 2025 financial results and raises fiscal 2025 guidance once again.

2 months ago - Business Wire

Top Wall Street Forecasters Revamp Cognyte Software Price Expectations Ahead Of Q2 Earnings

Cognyte Software Ltd. CGNT will release earnings results for its second quarter, before the opening bell on Tuesday, Sept.

2 months ago - Benzinga

Cognyte Shareholders Reelect Both of the Company's Director Nominees and Support the Proposal to Approve Amendments to the CEO's Compensation Plan at Annual Meeting

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte shareholders reelect both Cognyte Director nominees & support the proposal to approve amendments to the CEO's compensation plan.

2 months ago - Business Wire

Value Base's proposals receive support of Neuberger Berman, a leading global investment manager and a top shareholder of Cognyte, which intends to vote at the Cognyte Software AGM:

TEL AVIV, Israel--(BUSINESS WIRE)--Value Base Ltd. and its affiliates (collectively, “VB Group” or “we”), owner of approximately 9.33% of the ordinary shares of Cognyte Software Ltd. (Nasdaq: CGNT, th...

2 months ago - Business Wire

Cognyte to Announce Second Quarter FYE25 Financial Results on September 10, 2024

HERZLIYA, ISRAEL--(BUSINESS WIRE)--Cognyte will announce second quarter FYE25 financial results and conduct a conference call on Tuesday, September 10, 2024.

2 months ago - Business Wire

Value Base Announces that Leading Independent Proxy Advisory Firm Glass Lewis Recommends Cognyte Shareholders Vote “AGAINST” Chairman Earl Shanks

TEL AVIV, Israel--(BUSINESS WIRE)--Leading proxy advisory firm Glass Lewis recommends that Cognyte Software Ltd.'s (Nasdaq: CGNT) shareholders vote “AGAINST" the election of Chairman Earl Shanks ahead...

2 months ago - Business Wire

Humana and Evergreen Nephrology Introduce New Specialized Care Program for Patients Living with Kidney Disease

LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana and Evergreen Nephrology introduce new specialized care program for patients living with kidney disease.

Other symbols: DIOD
2 months ago - Business Wire

Leading Proxy Advisory Firm Glass Lewis Concludes that Replacing a Cognyte Director with Value Base's Nominee Is “Not Warranted at this Time”

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte Software Ltd. (NASDAQ: CGNT) (the “Company” or “Cognyte”), a global leader in investigative analytics software, today announced that a second independent pro...

2 months ago - Business Wire

EMDA, a leading Israeli Proxy Advisor, backs Value Base at the Cognyte Software Limited (“Cognyte”) Shareholder Meeting

TEL AVIV, Israel--(BUSINESS WIRE)--EMDA Research, an Israeli based proxy advisor has advised their institutional clients, to vote FOR Tal Yaacobi's election and AGAINST Chairman Earl Shanks' re-electi...

3 months ago - Business Wire

Advantage Capital Finances Affordable Housing Development in Connection with Virginia HOTC, Historic Rehabilitation Programs

WINCHESTER, Va.--(BUSINESS WIRE)--Advantage Capital announced the financial closing of The ZeroPak, a family-focused affordable housing development in Winchester, VA.

Other symbols: PAYC
3 months ago - Business Wire

Cognyte Issues Letter to Shareholders Highlighting Recent Progress and Momentum

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte Software Ltd. (NASDAQ: CGNT) (the “Company” or “Cognyte”), a global leader in investigative analytics software, today publicized a letter to shareholders hig...

3 months ago - Business Wire

Leading Independent Proxy Advisory Firm ISS Recommends Cognyte Shareholders Vote “FOR” Earl Shanks and Elad Sharon, “AGAINST” Value Base Fund's Nominee Tal Yaacobi, and “FOR” the Proposal to Approve the Amendments to Cognyte's CEO Compensation Plan

HERZLIYA, Israel--(BUSINESS WIRE)--Proxy advisory firm ISS recommends Cognyte shareholders vote “FOR” the Company's Board nominees & the proposal to approve the CEO's compensation plan.

3 months ago - Business Wire

Value Base Urges Cognyte Shareholders to Vote for its Highly Qualified Director Candidate and Against Certain Company Proposals

TEL AVIV, Israel--(BUSINESS WIRE)--Value Base Ltd. and its affiliates (collectively, “VB Group” or “we”), owner of approximately 9.33% of the ordinary shares of Cognyte Software Ltd. (Nasdaq: CGNT) (t...

3 months ago - Business Wire

Cognyte Releases Investor Presentation Highlighting Business Momentum in Advance of Annual Meeting

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte releases an investor presentation highlighting business momentum in advance of annual meeting.

3 months ago - Business Wire

National Security Agency in APAC Ramps Up Solution Capacity with $4 Million Cognyte Order

HERZLIYA, Israel--(BUSINESS WIRE)--A national security agency in APAC exercised a $4 million option to expand its Cognyte solution capacity to handle constantly growing data volumes.

3 months ago - Business Wire

Cognyte Software Sends Letter to Shareholders Highlighting the Company's Operational Performance and Recent Business Improvements

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte Software Ltd. (NASDAQ: CGNT) (“Cognyte”), a global leader in investigative analytics software, today issued a letter to its shareholders regarding its 2024 A...

3 months ago - Business Wire

Cognyte Confirms Receipt of Director Nomination from Value Base

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte Software Ltd. (NASDAQ: CGNT) (“Cognyte”), a global leader in investigative analytics software, today confirmed that Value Base Ltd. and certain of its affili...

3 months ago - Business Wire

Cognyte Secures $10 Million Expansion with National Security Agency in EMEA

HERZLIYA, Israel--(BUSINESS WIRE)--Cognyte announced a $10 million follow-on order from a national security agency, a long-term customer in the Europe-Middle East-Africa (EMEA) region.

4 months ago - Business Wire