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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 2 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 2 | 1 |
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 | Strong Buy → Hold Downgrades $8 → $6 | Strong Buy → Hold | Downgrades | $8 → $6 | -27.45% | Sep 29, 2022 |
Evercore ISI Group | Evercore ISI Group | Buy → Hold Downgrades $12 → $5 | Buy → Hold | Downgrades | $12 → $5 | -39.54% | Jun 29, 2022 |
Needham | Needham | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Apr 6, 2022 |
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
Revenue Forecast
Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
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 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|
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 | 2023 | 2024 | 2025 |
---|---|---|---|
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 | 2023 | 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.