Cognyte Software Stock Target Price and Analyst Consensus

CGNT
 Stock
  

USD 4.04  0.21  4.94%   

The current analyst and expert consensus on Cognyte Software is Buy, with 3 strong buy opinions. The current projected Cognyte Software target price consensus is 21.75 with 4 analyst opinions. The most common way Cognyte Software analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Cognyte Software executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Cognyte Software. We strongly encourage you to use your own analysis of Cognyte Software to validate this buy or sell advice. Cognyte Software buy-or-sell recommendation module provides average expert sentiment on the projected Cognyte Software target price to derive its highest and lowest estimates based on projected price volatility of 4.425. Continue to Macroaxis Advice on Cognyte Software to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  

Cognyte Software Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Cognyte target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts performance other than comparing it to the past results via a very sophisticated attribution analysis. Cognyte target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
Number of Opinions5
Lowered Outlook0
Raized Outlook0
Buy
Most Cognyte analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Cognyte stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cognyte Software, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Cognyte Software Target Price Projection

Cognyte Software's current and average target prices are 4.04 and 21.75, respectively. The current price of Cognyte Software is the price at which Cognyte Software is currently trading. On the other hand, Cognyte Software's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Cognyte Software Market Quote on 1st of October 2022

Low Price4.04Odds
High Price4.38Odds

4.04

Target Price

Analyst Consensus On Cognyte Software Target Price

Low Estimate17.0Odds
High Estimate26.0Odds
Number of Analysts4
Standard Deviation4.425

21.75

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Cognyte Software and the information provided on this page.

Cognyte Software Analyst Ratings

Cognyte Software's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Cognyte Software stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Cognyte Software's financials, market performance, and future outlook by experienced professionals. Cognyte Software's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Cognyte Software Target Price Projections

Cognyte Software's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Cognyte Software and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Cognyte depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Cognyte Software including analysis of its current option contracts.
Cognyte Software's latest option contracts expiring on 2022-10-21 are carrying combined implied volatility of 29.83 with a put-to-call open interest ratio of 0.82 over 16 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2022-10-21. The current put volume is at 65, with calls trading at the volume of 38. This yields a 1.71 put-to-call volume ratio. The Cognyte Software option chain provides detailed quote and price information for the current Cognyte Software option contracts. It shows all of Cognyte Software's listed puts, calls, expiration dates, strike prices, and other pricing information.
Cognyte Software's stock options are financial instruments that give investors the right to buy or sell shares of Cognyte Software common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Cognyte stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Cognyte Software's stock price goes up or down, the stock options follow.
Continue to Macroaxis Advice on Cognyte Software to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Cognyte Current Options Market Mood

Cognyte Software's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Cognyte Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Cognyte Software's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Cognyte Software's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Cognyte Software's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Cognyte Software Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cognyte Software is a key component of Cognyte Software valuation and have some predictive power on the future returns of a Cognyte Software.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Cognyte Software's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Cognyte Software in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.314.047.77
Details
Intrinsic
Valuation
LowReal ValueHigh
3.648.5412.27
Details
Naive
Forecast
LowNext ValueHigh
0.073.417.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.355.055.75
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cognyte Software. Your research has to be compared to or analyzed against Cognyte Software's peers to derive any actionable benefits. When done correctly, Cognyte Software's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Cognyte Software.

Additional Cognyte Software Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Cognyte Software is a key component of Cognyte Software valuation and have some predictive power on the future returns of a Cognyte Software.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Cognyte Software's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Cognyte Software in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.314.047.77
Details
Intrinsic
Valuation
LowReal ValueHigh
3.648.5412.27
Details
Naive
Forecast
LowNext ValueHigh
0.073.417.14
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.355.055.75
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cognyte Software. Your research has to be compared to or analyzed against Cognyte Software's peers to derive any actionable benefits. When done correctly, Cognyte Software's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Cognyte Software.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Investing
Invested over 90 shares
Macroaxis Index
Invested over 90 shares
Continue to Macroaxis Advice on Cognyte Software to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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The data published in Cognyte Software's official financial statements usually reflect Cognyte Software's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Cognyte Software. For example, before you start analyzing numbers published by Cognyte accountants, it's critical to develop an understanding of what Cognyte Software's liquidity, profitability, and earnings quality are in the context of the Cognyte Software space in which it operates.
Please note, the presentation of Cognyte Software's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cognyte Software's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Cognyte Software's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cognyte Software. Please utilize our Beneish M Score to check the likelihood of Cognyte Software's management to manipulate its earnings.