Cognyte Software Price Targets Range $10–$14 Suggest 40.6% Upside
Analysts set a mean price target of $12.33 for Cognyte Software, projecting a 40.6% upside with estimates ranging from $10 to $14 (standard deviation $2.08). Consensus EPS estimates rose by 189.5% this month and the stock earned a Zacks Rank #1 (Strong Buy).
1. Consensus Price Targets Overview
Analysts' three short-term price targets for Cognyte Software cluster between $10.00 and $14.00, with a mean of $12.33 implying a 40.6% upside and a standard deviation of $2.08, reflecting moderate agreement on the stock’s near-term valuation.
2. Earnings Estimate Revisions
Over the past month, upward revisions to EPS estimates drove the Zacks Consensus for the current year up by 189.5%, supported by a single positive revision and no downward changes, signaling growing optimism in the company's profitability trajectory.
3. Zacks Rank #1 Implications
Cognyte Software’s Zacks Rank #1 (Strong Buy) places it in the top 5% of over 4,000 stocks evaluated, indicating robust earnings estimate trends and potentially reinforcing investor confidence in the stock’s near-term performance.