On June 11, 2025, Needham analyst Mike Cikos reiterated the "Hold" rating for Cognyte Software (CGNT, Financial). The reaffirmation of this rating comes without any changes to the price target.
This assessment reflects the analyst's consistent viewpoint on the company's stock performance. Despite the reiterated "Hold" rating, the specifics of any potential price adjustments or percentage changes in the target were not disclosed in the latest report.
Investors in Cognyte Software (CGNT, Financial) should note that the analyst's evaluation suggests a neutral stance, advising stakeholders to maintain their current positions without significant buying or selling actions. The stock continues to trade on the NASDAQ exchange under the ticker CGNT.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Cognyte Software Ltd (CGNT, Financial) is $10.00 with a high estimate of $10.00 and a low estimate of $10.00. The average target implies an upside of 2.77% from the current price of $9.73. More detailed estimate data can be found on the Cognyte Software Ltd (CGNT) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Cognyte Software Ltd's (CGNT, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cognyte Software Ltd (CGNT, Financial) in one year is $6.65, suggesting a downside of 31.65% from the current price of $9.73. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cognyte Software Ltd (CGNT) Summary page.
