Cognyte Software (NASDAQ:CGNT) Releases FY 2025 Earnings Guidance

Cognyte Software (NASDAQ:CGNTGet Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of -0.070–0.070 for the period, compared to the consensus earnings per share estimate of -0.120. The company issued revenue guidance of $337.1 million-$350.9 million, compared to the consensus revenue estimate of $339.0 million. Cognyte Software also updated its FY25 guidance to ($0.07) EPS.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Needham & Company LLC restated a hold rating on shares of Cognyte Software in a research report on Friday, May 17th. Evercore ISI raised their price target on Cognyte Software from $5.00 to $7.50 and gave the company an in-line rating in a report on Wednesday, April 10th. StockNews.com downgraded shares of Cognyte Software from a strong-buy rating to a buy rating in a research report on Thursday, June 13th. Finally, Wedbush lifted their price target on shares of Cognyte Software from $5.00 to $8.00 and gave the stock a neutral rating in a research report on Thursday, April 11th.

View Our Latest Stock Report on CGNT

Cognyte Software Stock Performance

Shares of CGNT stock traded down $0.54 during trading on Tuesday, hitting $7.47. The company had a trading volume of 471,932 shares, compared to its average volume of 362,765. The firm has a market capitalization of $530.52 million, a P/E ratio of -32.65 and a beta of 1.74. Cognyte Software has a one year low of $4.00 and a one year high of $8.70. The stock’s 50-day moving average price is $7.37 and its 200 day moving average price is $7.08.

Cognyte Software (NASDAQ:CGNTGet Free Report) last posted its quarterly earnings results on Tuesday, April 9th. The medical device company reported ($0.28) earnings per share (EPS) for the quarter. Cognyte Software had a negative return on equity of 12.06% and a negative net margin of 4.97%. The firm had revenue of $83.69 million for the quarter. On average, research analysts anticipate that Cognyte Software will post -0.3 earnings per share for the current fiscal year.

About Cognyte Software

(Get Free Report)

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.

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