Cognyte Software

CGNT · NASDAQ

$8.81+$0.09 (+1.03%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $8.72

CGNT analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 5 analysts

Average $12.58 (+42.8% upside)

Low: $10.10
Now: $8.81
High: $14.70

Upgrades and downgrades

The latest rating actions, newest first

CGNT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Lake Street	Mar 2, 2026	Initiates	Buy	$13.00	48%

The case for and against

Updated Jan 12, 2026

Bull case

Cognyte Software Ltd is positioned favorably due to a considerable increase in cybersecurity challenges, highlighted by a 40% year-over-year rise in disclosed vulnerabilities, underscoring the growing demand for its security analytics solutions. The expectation for a sustainable acceleration in revenue growth, particularly through an enhanced recurring revenue mix, suggests potential for improved financial performance and valuation. This combination of rising demand for actionable intelligence and a strategic focus on recurring revenue is indicative of a strong outlook for Cognyte’s stock.

Bear case

Cognyte Software Ltd has experienced a decline in its Software Revenue contribution to total revenue, dropping from 88.9% in FY24 to 87.5% in FY25 and further down to 85.9% in 1QFY26, indicating a volatile revenue mix. Additionally, Recurring Revenue has decreased sequentially in 1QFY26 for the first time since 2QFY24, now comprising only 48% of Total Revenue, following four consecutive quarters of decline. While future guidance suggests potential growth in Software Revenue, the ongoing choppiness in revenue mix and the steady decline of Recurring Revenue as a percentage of total revenue raise concerns about the company’s financial stability.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.