Cognyte Software Ltd. (CGNT)
NASDAQ: CGNT · Real-Time Price · USD
7.82
-0.31 (-3.81%)
Nov 22, 2024, 4:00 PM EST - Market closed
Cognyte Software Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Cognyte Software stock have an average target of 8.25, with a low estimate of 7.50 and a high estimate of 9.00. The average target predicts an increase of 5.50% from the current stock price of 7.82.
Analyst Consensus: Hold
* Price targets were last updated on Jun 20, 2024.
Analyst Ratings
The average analyst rating for CGNT stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Sep 10, 2024 |
| Wedbush | Wedbush | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | +15.09% | Jun 20, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jun 18, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 17, 2024 |
| Wedbush | Wedbush | Hold Maintains $5 → $8 | Hold | Maintains | $5 → $8 | +2.30% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
353.81M
from 313.40M
Increased by 12.89%
Revenue Next Year
378.37M
from 353.81M
Increased by 6.94%
EPS This Year
-0.02
from -0.22
EPS Next Year
0.03
from -0.02
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 364.6M | 393.3M | 413.4M | ||
| Avg | 353.8M | 378.4M | 401.6M | ||
| Low | 339.6M | 360.0M | 385.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.3% | 11.2% | 9.3% | ||
| Avg | 12.9% | 6.9% | 6.1% | ||
| Low | 8.4% | 1.7% | 2.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.02 | 0.04 |
| Avg | -0.02 | 0.03 |
| Low | -0.03 | 0.01 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.