Cognyte Software Ltd. provides security analytics software to governments and enterprises worldwide. The company's open software fuses, analyzes, and visualizes disparate data sets for security organizations. It offers investigative analytics, operational intelligence analytics, and threat intelligence analytics solutions. The company's end-users for its solutions include data analysts, investigation managers, security operating centers operators, and field unit teams. It also provides customer support, professional, and integration services. The company serves national, regional, and local government agencies; and enterprise customers consist of commercial and physical security customers. The company was incorporated in 2020 and is headquartered in Herzliya, Israel.
IPO Year:
Exchange: NASDAQ
Website: cognyte.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
9/29/2022 | $8.00 → $6.00 | Buy → Hold | Stifel |
6/29/2022 | $12.00 → $5.00 | Outperform → In-line | Evercore ISI |
6/28/2022 | Outperform → Mkt Perform | William Blair | |
4/5/2022 | Buy → Hold | Needham | |
12/22/2021 | $40.00 → $25.00 | Outperform | Evercore ISI Group |
12/22/2021 | $17.00 | Outperform → Neutral | Wedbush |
12/22/2021 | $36.00 → $19.00 | Buy | Needham |
7/27/2021 | Outperform | William Blair | |
7/15/2021 | $36.00 | Buy | Needham |
Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today announced that it has been recognized for its AI-driven threat intelligence (TI) solution, LUMINAR, as an example of vendor solution offerings in the 2024 Gartner® Emerging Tech: The Future of Cyberthreat Intelligence research. According to Gartner research, "By 2027, AI/GenAI will enhance TI solutions with automated search and reporting capabilities." The research also states that, "Security operations teams will continue to struggle with the availability of limited skills and resources. Demand for improved operational support will remain key for TI providers, particularly as secur
Empowering customers with AI-driven solutions to confront evolving threats, driving follow-on orders and new customer acquisition Raises fiscal 2025 guidance once again Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company," "Cognyte," "we," "us" and "our"), a global leader in investigative analytics software, today announced results for the three and six months ended July 31, 2024 ("Q2 FYE25" and "H1 FYE25"). Q2 FYE25 Financial Highlights Three Months Ended July 31, 2024 Three Months Ended July 31, 2023 (in thousands, except per share data) GAAP Non-GAAP GAAP Non-GAAP Revenue $84,413 $84,413 $77,053 $77,053
Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company" or "Cognyte"), a global leader in investigative analytics software, today announced the vote results of the Company's Fiscal Year 2025 Annual Meeting of Shareholders (the "Annual Meeting"). At the Annual Meeting, shareholders reelected both the Company's nominees, Chairman Earl Shanks and CEO Elad Sharon, to the Cognyte Board of Directors (the "Board"). Both nominees received support from a significant majority of the shares voted at the Annual Meeting. Shareholders also supported the proposal to approve the amendments to Cognyte's CEO compensation plan. Cognyte issued the following statement: We want to thank our shareholders for their
"AGAINST" Cognyte Chairman Earl Shanks' Re-election "AGAINST" the CEO Compensation Plan "FOR" the election of Tal Yaacobi to Cognyte's board Value Base Ltd. and its affiliates (collectively, "VB Group" or "we"), owner of approximately 9.33% of the ordinary shares of Cognyte Software Ltd. (NASDAQ:CGNT, the "Company"))) and the Company's largest shareholder, announced that its proposals at the Company's September 4, 2024 annual shareholders meeting have received the support of leading global investment manager, Neuberger Berman, which announced its voting intentions through www.nb.com/en/global/esg/nb-votes. Neuberger Berman owns approximately 7.16% of the Company's ordinary shares and
Cognyte Software Ltd. (NASDAQ:CGNT), a global leader in investigative analytics software, today announced it will conduct a conference call on Tuesday, September 10, 2024, at 8:30 a.m. ET to review its second quarter FYE25 financial results for the quarter ending July 31, 2024. An earnings press release will be issued prior to the conference call. A real-time webcast of the conference call with presentation slides will be available in the Investor Relations section of Cognyte's website. Those interested in participating in the question-and-answer session need to register here to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that you join 10 mi
Leading proxy advisory firm Glass Lewis recommends that Cognyte Software Ltd.'s (NASDAQ:CGNT) shareholders vote "AGAINST" the election of Chairman Earl Shanks ahead of the Company's 2024 Annual Meeting of Shareholders, to be held on September 4, 2024. Tal Yaacobi, Managing Partner of Value Base, was quoted as saying "we welcome the decision of Glass Lewis to recommend voting against Chairman Earl Shanks. Change is needed to due to the 75% decline in the share price that has occurred during Chairman Shanks' tenure on the Board." Glass Lewis highlighted: The Company's growth and TSR performance since the Verint spin-off has materially lagged its peers. TSR has ranked near the bottom qu
Recommends Cognyte Shareholders Vote "AGAINST" Value Base Nominee Tal Yaacobi and "FOR" the Proposal to Approve the Amendments to Cognyte's CEO Compensation Plan Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company" or "Cognyte"), a global leader in investigative analytics software, today announced that a second independent proxy advisory firm, Glass, Lewis & Co., LLC ("Glass Lewis"), has recommended "AGAINST" the director candidate proposed by one of the Company's shareholders, Value Base Fund ("Value Base"). In its report, Glass Lewis commented on Cognyte's recent progress, noting that "[t]he Company's financial performance has improved and exhibited positive momentum in recent periods a
EMDA Research, an Israeli based proxy advisor has advised their institutional clients, to vote FOR Tal Yaacobi's election and AGAINST Chairman Earl Shanks' re-election to the Board at the Cognyte Software Ltd.'s (NASDAQ:CGNT) 2024 Annual Meeting of Shareholders (the "Annual Meeting"), which is scheduled to be held on September 4, 2024. EMDA has further recommended shareholders vote AGAINST the Compensation Plan for the CEO. EMDA concluded that Mr. Yaacobi would strengthen the independence of the company's board. EMDA opposed the re-election of Chairman Earl Shanks, citing the company's staggered board as poor governance practice. EMDA's emphasis on this point underscores the importance of
Reaffirms Commitment to Adding a U.S.-Based Director with Relevant Experience and Making Further Disclosure Enhancements Board Urges Shareholders to Vote Today "For" Chairman Earl Shanks and CEO Elad Sharon, and "For" the Proposal to Approve the Amendments to Cognyte's CEO Compensation Plan Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company" or "Cognyte"), a global leader in investigative analytics software, today publicized a letter to shareholders highlighting the actions the Board and leadership team have taken to strengthen and reposition the business. In the letter, the Board of Directors also reaffirmed the Company's commitment to enhance its disclosures of key performance indicato
ISS Concludes that Value Base Has Not Provided Any Rationale for Board Change Cognyte Encourages All Shareholders to Vote "FOR" the Company's Nominees and the Proposal to Approve the CEO's Compensation Plan Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company" or "Cognyte"), a global leader in investigative analytics software, today announced that leading proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that Cognyte shareholders vote "FOR" the election of Chairman Earl Shanks and Chief Executive Officer Elad Sharon and "FOR" the CEO compensation proposal ahead of the Company's 2024 Annual Meeting of Shareholders (the "Annual Meeting"), to be held on September
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6-K - Cognyte Software Ltd. (0001824814) (Filer)
6-K - Cognyte Software Ltd. (0001824814) (Filer)
6-K - Cognyte Software Ltd. (0001824814) (Filer)
6-K - Cognyte Software Ltd. (0001824814) (Filer)
6-K - Cognyte Software Ltd. (0001824814) (Filer)
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6-K - Cognyte Software Ltd. (0001824814) (Filer)
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Stifel downgraded Cognyte Software from Buy to Hold and set a new price target of $6.00 from $8.00 previously
Evercore ISI downgraded Cognyte Software from Outperform to In-line and set a new price target of $5.00 from $12.00 previously
William Blair downgraded Cognyte Software from Outperform to Mkt Perform
Needham downgraded Cognyte Software from Buy to Hold
Evercore ISI Group reiterated coverage of Cognyte Software with a rating of Outperform and set a new price target of $25.00 from $40.00 previously
Wedbush downgraded Cognyte Software from Outperform to Neutral and set a new price target of $17.00
Needham reiterated coverage of Cognyte Software with a rating of Buy and set a new price target of $19.00 from $36.00 previously
William Blair initiated coverage of Cognyte Software with a rating of Outperform
Needham initiated coverage of Cognyte Software with a rating of Buy and set a new price target of $36.00
Evercore ISI Group initiated coverage of Cognyte Software with a rating of Outperform and set a new price target of $40.00
- SEC Filing
Wedbush analyst Daniel Ives maintains Cognyte Software (NASDAQ:CGNT) with a Neutral and raises the price target from $8 to $9.
Needham analyst Mike Cikos reiterates Cognyte Software (NASDAQ:CGNT) with a Hold.
Cognyte Software Ltd. (NASDAQ:CGNT) reported first-quarter fiscal 2025 sales growth of 12.9% year over year to $82.714 million, beating the consensus of $82.046 million. Adjusted EPS loss of $0.04 beats the consensus loss of $0.06. Gross margin expanded 265 bps to 70.6%, and the adjusted gross margin jumped to 71.1% from $68.4% YoY. Adjusted EBITDA margin improved to 6.1%, compared with a 3.1% loss a year ago. Cognyte held $107 million in cash and equivalents at the end of the quarter. The company’s operating cash flow for the quarter totaled $21.45 million, up from $18.93 million a year ago. “Given our momentum and good visibility, we increased our outlook for FYE25. We conti
FYE25 Outlook Our non-GAAP outlook for the year ending January 31, 2025 (“FYE25” and “Fiscal 2025”) is as follows: Revenue: $344 million at the midpoint with a range of +/-2%, representing approximately 10% growth from previous year revenue. Adjusted EBITDA: Approximately $22 million at the midpoint of our revenue outlook. Diluted EPS: Loss of $0.07 at the midpoint of our revenue outlook. Our non-GAAP outlook for FYE25 excludes the following GAAP measures which we are able to quantify with reasonable certainty, as described further below under "Supplemental Information About non-GAAP Financial Measures and Operating Metrics”: Amortization of intangible assets of approximatel
Cognyte Software (NASDAQ:CGNT) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.06) by 33.33 percent. This is a 63.64 percent increase over losses of $(0.11) per share from the same period last year. The company reported quarterly sales of $82.714 million which beat the analyst consensus estimate of $82.046 million by 0.81 percent. This is a 12.72 percent increase over sales of $73.378 million the same period last year.
U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Friday. Shares of Intuit Inc. (NASDAQ:INTU) fell sharply in today's pre-market trading following third-quarter results. Intuit posted better-than-expected earnings for its third quarter and boosted its full-year outlook. However, the company issued weak earnings guidance for the current quarter. Intuit's third-quarter revenue increased 12% year-over-year to $6.737 billion, beating the consensus estimate of $6.647 billion. The financial technology platform company reported adjusted earnings of $9.88 per share, beating analyst estimates of $9.37 per share, according to Benzinga Pro. Intuit
Empowering customers with AI-driven solutions to confront evolving threats, driving follow-on orders and new customer acquisition Raises fiscal 2025 guidance once again Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company," "Cognyte," "we," "us" and "our"), a global leader in investigative analytics software, today announced results for the three and six months ended July 31, 2024 ("Q2 FYE25" and "H1 FYE25"). Q2 FYE25 Financial Highlights Three Months Ended July 31, 2024 Three Months Ended July 31, 2023 (in thousands, except per share data) GAAP Non-GAAP GAAP Non-GAAP Revenue $84,413 $84,413 $77,053 $77,053
Cognyte Software Ltd. (NASDAQ:CGNT), a global leader in investigative analytics software, today announced it will conduct a conference call on Tuesday, September 10, 2024, at 8:30 a.m. ET to review its second quarter FYE25 financial results for the quarter ending July 31, 2024. An earnings press release will be issued prior to the conference call. A real-time webcast of the conference call with presentation slides will be available in the Investor Relations section of Cognyte's website. Those interested in participating in the question-and-answer session need to register here to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that you join 10 mi
Continues to drive revenue growth and strong margin expansion, raises guidance for Fiscal 2025 Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company," "Cognyte," "we," "us" and "our"), a global leader in investigative analytics software, today announced results for the three months ended April 30, 2024 ("Q1 FYE25"). Q1 FYE25 Financial Highlights Three Months Ended April 30, 2024 Three Months Ended April 30, 2023 (in thousands, except per share data) GAAP Non-GAAP GAAP Non-GAAP Revenue $82,714 $82,714 $73,266 $73,378 Gross Margin 70.6%
Cognyte Software Ltd. (NASDAQ:CGNT), a global leader in investigative analytics software, today announced it will conduct a conference call on Tuesday, June 18, 2024, at 8:30am ET to review its first quarter FYE25 financial results for the quarter ending April 30, 2024. An earnings press release will be issued prior to the conference call. A real-time webcast of the conference call with presentation slides will be available in the Investor Relations section of Cognyte's website. Those interested in participating in the question-and-answer session need to register here to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that you join 10 minutes pr
Delivers Revenue Growth and Strong Margin Expansion in Both Fourth Quarter and Full Year Guides to Fiscal 2025 Revenue of Approximately $340 Million with Faster Gross Margin Growth and Doubling of Adjusted EBITDA Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company," "Cognyte," "we," "us" and "our"), a global leader in investigative analytics software, today announced results for the three months and year ended January 31, 2024 ("Q4 FYE24" and "FYE24"). Q4 FYE24 Financial Highlights Three Months Ended January 31, 2024 (in thousands, except per share data) GAAP Non-GAAP Revenue $83,691 $83,691 Gros
Cognyte Software Ltd. (NASDAQ:CGNT), a global leader in investigative analytics software, today announced it will conduct a conference call on Tuesday, April 9, 2024, at 8:30 am ET to review its fourth quarter and full year fiscal 2024 financial results for the year ending January 31, 2024. An earnings press release will be issued prior to the conference call. A real-time webcast of the conference call with presentation slides will be available in the Investor Relations section of Cognyte's website. Those interested in participating in the question-and-answer session need to register here to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that y
Third Quarter Results Ahead of Expectations Increasing Full-Year Outlook Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company," "Cognyte," "we," "us" and "our"), a global leader in investigative analytics software, today announced results for the three and nine months ended October 31, 2023 ("Q3 FYE24" and "YTD FYE24"). Q3 FYE24 Financial Highlights Three Months Ended October 31, 2023 (in thousands, except per share data) GAAP Non-GAAP Revenue $79,394 $79,394 Gross Margin 69.7% 70.2% Diluted EPS $0.07 $0.34 YTD FYE24 Financial Highlights
Cognyte Software Ltd. (NASDAQ:CGNT), a global leader in investigative analytics software, today announced it will conduct a conference call on Wednesday, December 13, 2023, at 8:30am ET to review its third quarter fiscal 2024 financial results for the period ending October 31, 2023. An earnings press release will be issued prior to the conference call. A real-time webcast of the conference call with presentation slides will be available in the Investor Relations section of Cognyte's website. Those interested in participating in the question-and-answer session need to register here to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that you join
Increases Full-Year Outlook Cognyte Software Ltd. (NASDAQ:CGNT) (the "Company," "Cognyte," "we," "us" and "our"), a global leader in investigative analytics software, today announced results for the three and six months ended July 31, 2023 ("Q2 FYE24" and "H1 FYE24"). Q2 FYE24 Highlights Three Months Ended July 31, 2023 (in thousands, except per share data) GAAP Non-GAAP Revenue $77,053 $77,053 Gross Margin 68.7% 69.2% Diluted EPS $(0.13) $(0.09) H1 FYE24 Highlights Six Months Ended July 31, 2023 (in thousands, except per share data)
Cognyte Software Ltd. (NASDAQ:CGNT), a global leader in investigative analytics software, today announced it will conduct a conference call on Tuesday, September 12, 2023, at 8:30 am ET to review its second quarter fiscal 2024 financial results for the period ending July 31, 2023. An earnings press release will be issued prior to the conference call. A real-time webcast of the conference call with presentation slides will be available in the Investor Relations section of Cognyte's website. Those interested in participating in the question-and-answer session need to register here to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that you join 10
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"AGAINST" Cognyte Chairman Earl Shanks' Re-election "AGAINST" the CEO Compensation Plan "FOR" the election of Tal Yaacobi to Cognyte's board Value Base Ltd. and its affiliates (collectively, "VB Group" or "we"), owner of approximately 9.33% of the ordinary shares of Cognyte Software Ltd. (NASDAQ:CGNT, the "Company"))) and the Company's largest shareholder, announced that its proposals at the Company's September 4, 2024 annual shareholders meeting have received the support of leading global investment manager, Neuberger Berman, which announced its voting intentions through www.nb.com/en/global/esg/nb-votes. Neuberger Berman owns approximately 7.16% of the Company's ordinary shares and
No Shareholder Action Required at This Time Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today confirmed that Value Base Ltd. and certain of its affiliates have submitted a letter nominating a candidate to stand for election to the Cognyte Board of Directors at the Company's 2024 Annual Meeting of Shareholders. Cognyte engages in regular communication with its shareholders and welcomes constructive input to further the best interests of all shareholders. The Company's Board of Directors and management team are focused on maximizing value for shareholders through several initiatives, including expanding the company's presence in th
Ron Shvili and Sarit Sagiv bring decades of strategic technology and finance expertise Cognyte Software Ltd. (NASDAQ:CGNT) ("Cognyte"), a global leader in investigative analytics software, today announced that two new members will join its Board of Directors effective as of May 1, 2024. Cognyte believes that Ron Shvili and Sarit Sagiv will bring additional expertise to the Board. They will replace Karmit Shilo and Zvika Naggan, who will be stepping down after three years as directors effective as of May 1, 2024. "We are deeply grateful to Karmit Shilo and Zvika Naggan for their significant contribution to Cognyte's leadership and their strong commitment to our mission over the years. We
Mr. Cohen Brings Extensive Experience Leading Technology Companies Cognyte Software Ltd. (NASDAQ:CGNT), a global leader in investigative analytics software, today announced the appointment of Avi Cohen to the Cognyte Board of Directors, effective June 4, 2023. "We are pleased to welcome Avi Cohen to the Cognyte Board," said Dan Bodner, chairman of Cognyte's Board of Directors. "Mr. Cohen brings to Cognyte valuable experience as a former CEO and public company board member." Mr. Cohen currently serves on a variety of boards, including Cortica, a leading developer of autonomous Artificial Intelligence technology, CGS Tower Networks, which provides next generation network visibility solu