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Cognyte Software Ltd

Cognyte Software Ltd. is a software-driven technology company that provides investigative analytics solutions worldwide. Its offerings include network, threat, decision, and operational intelligence analytics. The company also supplies software products through subscription or perpetual licenses and appliances, along with software services such as support and cloud-based SaaS subscriptions, and professional services including installation, integration, custom development, resale of third-party hardware, consulting, and training. It serves government agencies at the national, regional, and local levels. Incorporated in 2020, Cognyte Software Ltd. is headquartered in Herzliya, Israel.

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CGNT▲

Cognyte Software Analysts See 42.87% Upside as EPS Estimates Rise

Wall Street analysts' mean price target of $12.33 implies 42.87% upside for Cognyte Software, which closed its last trading session at $8.63. The consensus comprises three short-term price targets ranging from a low of $10.00 to a high of $14.00, with a standard deviation of $2.08; the lowest estimate implies a 15.9% gain and the most optimistic a 62.2% gain. Over the last 30 days, the Zacks Consensus Estimate for the current year has increased 75%, as one estimate moved higher with no negative revisions. Cognyte currently carries a Zacks Rank #1 (Strong Buy), which places it in the top 5% of more than 4,000 stocks ranked on four earnings-estimate factors.
CGNT · Capital · Positive Analysts' mean price target of $12.33 implies 42.87% upside and the Zacks Consensus EPS estimate rose 75% with a Strong Buy rank.
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Cognyte Software Raises Revenue Guidance, Targets $500M by 2028

Cognyte Software Ltd. reported a 21% year-over-year increase in total software revenue for Q2 2027, driven by strong demand for its sovereign AI platform in government security markets. The company narrowed its full-year revenue guidance to approximately $448 million, citing high visibility into 85% of required revenue, and remains on track to achieve its fiscal 2028 target of $500 million. Management highlighted expanding operational leverage, with profitability growing more than four times faster than revenue, and noted that the U.S. segment is targeting $20 million in signed deals this fiscal year. The company is deliberately building inventory to mitigate supply chain risks, and operating expenses were impacted by approximately $7 million in foreign exchange headwinds from the weaker U.S. dollar against the Israeli shekel. A new Chief Revenue Officer, Adam Philpott, has been appointed to lead global commercial operations.
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Defense & Geopolitical Fragmentation › Defense Software & C4ISR ▲Demand
CGNT · Demand · Positive Raises revenue guidance on strong demand for sovereign AI platform in government security markets.
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Cognyte Software Q2 Revenue Up 12% to $109M

Cognyte Software reported second-quarter fiscal 2027 revenue of approximately $109 million, up 12% year over year, with software revenue rising 20.9% to $100.8 million and recurring revenue growing 18.4% to $56.2 million. Non-GAAP operating income climbed 52.5% to $12.2 million, and adjusted EBITDA rose 35.7% to $14.9 million. The company added 40 customers in the first half, citing demand for explainable, agency-controlled AI in national security and public safety. Cognyte maintained its fiscal 2027 revenue outlook of approximately $448 million, with adjusted EBITDA of $68 million and non-GAAP EPS of $0.47. The company ended the quarter with $102.2 million in cash, no debt, and visibility into about 85% of revenue needed for its next-12-month plan.
CGNT · Capital · Positive Revenue up 12%, software revenue up 20.9%, operating income up 52.5%, and adjusted EBITDA up 35.7%.
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Cognyte Maintains Fiscal 2027 Outlook Despite Cost Headwinds

Cognyte Software Ltd. reported a solid start to fiscal 2027 with double-digit revenue growth and improved profitability, but cost pressures from foreign exchange volatility and higher hardware costs weighed on operating expenses and cash flow. Non-GAAP operating expenses rose to $66.2 million, largely due to the U.S. dollar's weakness against the Israeli shekel, while inventory increased by approximately $3 million to meet anticipated demand. These factors contributed to negative operating cash flow of $4.7 million and negative free cash flow of $6.1 million in the first quarter. Despite the headwinds, management reaffirmed its full-year guidance, expecting non-GAAP operating income of approximately $56 million and adjusted EBITDA of around $68 million, reflecting more than 50% and about 40% year-over-year growth respectively at the midpoint of its revenue guidance. The company also remains on track to achieve its fiscal 2028 adjusted EBITDA target on a constant currency basis, though the target was updated to approximately 20% to reflect exchange rate changes.
CGNT · Capital · Neutral Cognyte reported double-digit revenue growth and reaffirmed fiscal 2027 guidance, but cost headwinds from FX and hardware weighed on cash flow.
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