Cognyte Software
(NASDAQ:CGNT)
$7.64
0.19[2.55%]
At close: May 24
$7.64
0[0.00%]
After Hours: 4:00PM EDT
Consensus Rating1
Hold
Highest Price Target1
$0.00
Lowest Price Target1
$0.00
Consensus Price Target1
$3.70

Cognyte Software Stock (NASDAQ:CGNT), Analyst Ratings, Price Targets, Predictions

Cognyte Software Ltd has a consensus price target of $3.7, established from looking at the 18 latest analyst ratings. The last 3 analyst ratings were released from Needham, Wedbush, and Evercore ISI Group on May 17, 2024, April 11, 2024, and April 10, 2024. With an average price target of $5.17 between Needham, Wedbush, and Evercore ISI Group, there's an implied -32.37% downside for Cognyte Software Ltd from these 3 analyst ratings.

Analyst Trend
1
Apr
0
0
0
0
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Wedbush
Evercore ISI Group
Stifel
William Blair

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Cognyte Software

Buy NowGet Alert
05/17/2024Buy NowNeedham
Mike Cikos
Reiterates → HoldGet Alert
04/11/2024Buy Now4.71%Wedbush
Daniel Ives
$5 → $8MaintainsNeutralGet Alert
04/10/2024Buy Now-1.83%Evercore ISI Group
Kirk Materne
$5 → $7.5MaintainsIn-LineGet Alert
04/09/2024Buy NowNeedham
Mike Cikos
Reiterates → HoldGet Alert
06/16/2023Buy Now-34.55%Evercore ISI Group
Kirk Materne
$3 → $5MaintainsIn-LineGet Alert
12/21/2022Buy Now-60.73%Stifel
Brad Reback
$6 → $3MaintainsHoldGet Alert
09/29/2022Buy Now-21.47%Stifel
Brad Reback
$8 → $6DowngradeBuy → HoldGet Alert
06/29/2022Buy Now-34.55%Evercore ISI Group
Kirk Materne
$12 → $5DowngradeOutperform → In-LineGet Alert
04/06/2022Buy NowNeedham
Mike Cikos
DowngradeBuy → HoldGet Alert
04/06/2022Buy Now57.07%Evercore ISI Group
Kirk Materne
$25 → $12MaintainsOutperformGet Alert
04/06/2022Buy Now70.16%Stifel
Brad Reback
$21 → $13MaintainsBuyGet Alert
04/06/2022Buy Now17.8%Wedbush
Daniel Ives
$17 → $9MaintainsNeutralGet Alert
03/21/2022Buy Now174.87%Stifel
Brad Reback
$26 → $21MaintainsBuyGet Alert
12/22/2021Buy Now148.69%Needham
Mike Cikos
$36 → $19MaintainsBuyGet Alert
12/22/2021Buy Now122.51%Wedbush
Daniel Ives
→ $17DowngradeOutperform → NeutralGet Alert
12/22/2021Buy Now227.23%Evercore ISI Group
Kirk Materne
$40 → $25MaintainsOutperformGet Alert
07/27/2021Buy NowWilliam BlairInitiates → OutperformGet Alert
07/15/2021Buy Now371.2%Needham
Mike Cikos
Initiates → BuyGet Alert

FAQ

Q

What is the target price for Cognyte Software (CGNT)?

A

The latest price target for Cognyte Software (NASDAQ: CGNT) was reported by Needham on May 17, 2024. The analyst firm set a price target for $0.00 expecting CGNT to fall to within 12 months (a possible -100.00% downside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Cognyte Software (CGNT)?

A

The latest analyst rating for Cognyte Software (NASDAQ: CGNT) was provided by Needham, and Cognyte Software reiterated their hold rating.

Q

When was the last upgrade for Cognyte Software (CGNT)?

A

There is no last upgrade for Cognyte Software.

Q

When was the last downgrade for Cognyte Software (CGNT)?

A

The last downgrade for Cognyte Software Ltd happened on September 29, 2022 when Stifel changed their price target from $8 to $6 for Cognyte Software Ltd.

Q

When is the next analyst rating going to be posted or updated for Cognyte Software (CGNT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cognyte Software, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cognyte Software was filed on May 17, 2024 so you should expect the next rating to be made available sometime around May 17, 2025.

Q

Is the Analyst Rating Cognyte Software (CGNT) correct?

A

While ratings are subjective and will change, the latest Cognyte Software (CGNT) rating was a reiterated with a price target of $0.00 to $0.00. The current price Cognyte Software (CGNT) is trading at is $7.64, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.