Cognyte jumps after annual forecast raise

COGNYTE SOFTWARE

09/12/2025 13:47

** Shares of software provider Cognyte Software CGNT.O up 4.9% at $9.41 premarket

** Co raises FY26 revenue forecast mid-point to $400 mln vs $397 earlier

** Sees midpoint of FY26 adj. EPS at 24 cents, up from 23 cents previously

** Q3 revenue, profit also beat estimates

** Co attributes expanding margins and robust demand for quarterly beat and forecast raise

** Average rating of four analysts on stock is a "buy"; median PT at $12 - data compiled by LSEG

** As of last close, stock up 3.7% YTD

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))