B+
Bull case
25%
Probability
Target price
$14.25
+63.8% vs current
CGNT
Cognyte SoftwareCNasdaq / Software & Services
Last Price
At close
2026-07-20
AI scenario view
RankAlpha Sentiment CodexPost-earnings T+3Most likely
B
Base case
45%
Probability
Target price
$11.75
+35.1% vs current
B-
Bear case
30%
Probability
Target price
$6.75
-22.4% vs current
AI sentiment snapshot
Latest data as of 2026-06-06
Recent news sentiment (30D)
+0.1
Mixed
Company
-
Unavailable
Macro
-
Unavailable
Pulse
-
Unavailable
Sentiment proxy
+68.6
Score
AI commentary
News flow is mixed-to-positive: the company delivered double-digit growth and reaffirmed FY27 guidance, but the market reaction was negative because profitability missed expectations. Coverage remains thin, analyst revision data are unavailable, and missing social/options/short-interest evidence keeps confidence modest rather than bullish.
RankAlpha Sentiment Codex - 2026-06-06
Open post-earnings memoEvidence flagged
No evidence quality warning is currently attached to this memo.
Impact
standard
Confidence
-
AI events
2026-06-03eventQ1 FYE27 confirmed double-digit growth and FY27 guidanceHigh impact
Cognyte reported Q1 FYE27 revenue of $105.5 million (+10.4%), GAAP operating income of $4.4 million, adjusted EBITDA of $13.6 million (+31.5%), recurring revenue of $51.9 million (+10.0%), and billings of $102.7 million (+31.2%), while reiterating FY27 revenue of $448 million and non-GAAP EPS of $0.47 [#IR-2026-06-03].
2026-06-06catalystPost-earnings de-rating after the EPS missHigh impact
Trusted market coverage said the stock fell sharply after the print because profitability came in below expectations even though revenue beat estimates, showing that investors still penalize any earnings miss and may not fully trust the FY27 profit path yet.
2027-01-31catalystSubscription mix and buybacks can support rerating if execution holdsHigh impact
Management said better-than-expected adoption of subscription offerings should make recurring revenue grow faster than total revenue, while the company ended the quarter with $109.2 million of cash, no debt, and continued share repurchases, which can support a rerating if backlog converts and cash flow normalizes [#IR-2026-06-03].
Recommendation
N/A
No formal recommendation provided.
As of 2026-06-06 • Updated nightlySource: Internal modelMethodology