Cognyte Software Ltd. (CGNT)
NASDAQ: CGNT · IEX Real-Time Price · USD
8.27
+0.26 (3.25%)
At close: Mar 28, 2024, 4:00 PM
8.50
+0.23 (2.78%)
After-hours: Mar 28, 2024, 6:44 PM EDT

Cognyte Software Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Cognyte Software stock has a target of 5.00, which predicts a decrease of -39.54% from the current stock price of 8.27.

Analyst Consensus: Hold
Target Low Average Median High
Price $5.00 $5.00 $5.00 $5.00
Change -39.54% -39.54% -39.54% -39.54%
* Price targets were last updated on Jun 16, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for CGNT is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 000000
Hold 222221
Sell 000000
Strong Sell 000000
Total 222221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$3$5
Hold Maintains $3$5 -39.54% Jun 16, 2023
Stifel
Stifel
Hold
Maintains
$6$3
Hold Maintains $6$3 -63.72% Dec 21, 2022
Stifel
Stifel
Hold
Downgrades
$8$6
Hold Downgrades $8$6 -27.45% Sep 29, 2022
Evercore ISI Group
Evercore ISI Group
Hold
Downgrades
$12$5
Hold Downgrades $12$5 -39.54% Jun 29, 2022
Needham
Needham
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Apr 6, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
317.34M
from 312.06M
Increased by 1.69%
Revenue Next Year
340.13M
from 317.34M
Increased by 7.18%
EPS This Year
-0.23
from -1.68
EPS Next Year
-0.18
from -0.23
Year 2018201920202021202220232024202520262027
Revenue
433.46M457.11M443.46M474.04M312.06M317.34M340.13M369.68M385.97M409.73M
Revenue Growth
-5.46%-2.99%6.90%-34.17%1.69%7.18%8.69%4.41%6.16%
EPS
0.130.310.22-0.22-1.68-0.23-0.18-0.11--
EPS Growth
-138.46%-29.03%-------
No. Analysts -----43333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024202520262027
High 326.9M 355.2M 384.2M 397.3M 421.8M
Avg 317.3M 340.1M 369.7M 386.0M 409.7M
Low 304.8M 321.6M 351.8M 370.8M 393.7M

Revenue Growth

Revenue Growth 20232024202520262027
High
4.7%
11.9%
13.0%
7.5%
9.3%
Avg
1.7%
7.2%
8.7%
4.4%
6.2%
Low
-2.3%
1.4%
3.4%
0.3%
2.0%

EPS Forecast

EPS 202320242025
High -0.24 -0.19 -0.12
Avg -0.23 -0.18 -0.11
Low -0.23 -0.18 -0.11

EPS Growth

EPS Growth 202320242025
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.