CGNT trades 29.2% below Wall Street's consensus target of $10.75.
Last 12 months price action with 12-month analyst target path
The base valuation assumes CGNT achieves its forward estimates and maintains a stable P/E multiple of 35.5x. This scenario reflects the blended consensus of 5 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 23, 2026, Cognyte Software Ltd. (CGNT) has a Wall Street consensus price target of $10.75, based on estimates from 5 covering analysts. With the stock currently trading at $8.13, this represents a potential upside of +29.2%. The company has a market capitalization of $599M.
Analyst price targets range from a low of $7.50 to a high of $14.00, representing a 60% spread in expectations. The median target of $10.75 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Hold, with 1 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. The bearish sentiment suggests caution about the stock at current levels.
From a valuation perspective, CGNT trades at a trailing P/E of -934.5x and forward P/E of 35.5x. Analysts expect EPS to grow +735.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $0.51, with bear and bull scenarios of $0.32 and $0.67 respectively. Model confidence stands at 52/100, reflecting moderate uncertainty in projections.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
NICENICE Ltd. | $5.1B | $84.07 | $118.80 | +40.3% | Buy | 7.6x | 23 |
VRNSVaronis Systems, Inc. | $3.8B | $32.71 | $36.00 | +7.8% | Buy | 280.7x | 34 |
SAILSailPoint, Inc. | $7.2B | $12.63 | $18.45 | +38.4% | Buy | — | 33 |
SPOKSpok Holdings, Inc. | $214M | $10.32 | $15.00 | +42.7% | Hold | 15.9x | 1 |
PANWPalo Alto Networks, Inc. | $195.2B | $286.40 | $324.79 | +12.9% | Buy | 76.3x | 88 |
CRWDCrowdStrike Holdings, Inc. | $171.9B | $675.44 | $687.36 | +0.4% | Buy | 138.7x | 66 |
SSentinelOne, Inc. | $5.0B | $14.74 | $18.97 | +26.3% | Buy | 79.1x | 34 |
RDWRRadware Ltd. | $1.2B | $27.65 | $30.00 | +10.7% | Hold | 23.2x | 14 |
CHKPCheck Point Software Technologies Ltd. | $12.5B | $120.30 | $152.10 | +24.3% | Hold | 11.7x | 63 |
MSFTMicrosoft Corporation | $2.7T | $367.34 | $551.96 | +45.5% | Buy | 22.6x | 82 |
Quick answers to the most common questions about buying CGNT stock.
The consensus Wall Street price target for CGNT is $10.75, representing 29.2% upside from the current price of $8.13. With 5 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
CGNT has a consensus rating of "Hold" based on 5 Wall Street analysts. The rating breakdown is mixed, with 4 Hold ratings making up the largest segment. The consensus 12-month price target of $10.75 implies 29.2% upside from current levels.
At a forward P/E of 35.4949x, CGNT trades at a premium valuation. The consensus price target of $10.75 (29.2% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $14 for CGNT, while the most conservative target is $7.5. The consensus of $10.75 represents the median expectation. Our quantitative valuation model projects a bull case target of $1 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
CGNT is moderately covered, with 5 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 1 have Buy ratings, 4 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month CGNT stock forecast based on 5 Wall Street analysts shows a consensus price target of $10.75, with estimates ranging from $7.5 (bear case) to $14 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $1, with bear/bull scenarios of $0/$1.
Our quantitative valuation model calculates CGNT's fair value at $1 (base case), with a bear case of $0 and bull case of $1. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 52/100.
CGNT trades at a forward P/E ratio of 35.5x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on CGNT, with a "Hold" consensus rating and $10.75 price target (29.2% upside). 1 of 5 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
CGNT analyst price targets range from $7.5 to $14, a 60% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $10.75 consensus represents the middle ground. Our model's $0-$1 range provides an independent fundamental perspective.
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