Cognyte Software shares are trading higher after the company announced better-than-expected Q3 results and raised its FY25 adjusted EPS guidance above estimates.

Cognyte jumps after annual forecast raise

** Shares of software provider Cognyte Software 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

Cognyte Software posts rise in Q3 revenue, raises FY revenue forecast

Cognyte Software reported a 13.2% increase in Q3 2026 revenue, driven by software demand. Despite missing analyst expectations for operating income, the company raised its full-year revenue forecast to $400 million, a 14% increase. Adjusted EBITDA is expected to grow by 60% to $47 million, with non-GAAP EPS anticipated at $0.24. Higher tax expenses and foreign exchange impacts led to a GAAP net loss. Analysts rate the stock as a "buy," with a median price target of $12.00, 33.8% above its recent closing price.

Cognyte announces strong Q3 fiscal 2026 results, driven by market momentum.

In Herzliya, Israel, Cognyte announced its financial results for the third quarter of fiscal year 2026. The company showcased robust performance during Q3, citing significant market momentum and strategic execution as key drivers.

Several companies including TH International, Arqit Quantum, and Cognyte Software are set to report earnings on Dec 9. Cognyte Software is expected to report earnings of $0.01 per share on revenue of $99.51 million. The Campbell's is estimated to report $0.73 per share on revenue of $2.66 billion, Ferguson Enterprises to report $2.74 per share on revenue of $8.14 billion, and Core & Main to report $0.71 per share on revenue of $2.06 billion. AutoZone is expected to report $32.33 per share on revenue of $4.64 billion, Academy Sports $1.04 per share on revenue of $1.40 billion, and G-III Apparel Group $1.61 per share on revenue of $1.01 billion.

Several companies, including TH International, Arqit Quantum, and Cognyte Software, are set to report earnings on Dec 9. Cognyte Software is expected to report $0.01 per share on $99.51 million revenue. Campbell's, Ferguson Enterprises, Core & Main, AutoZone, Academy Sports, and G-III Apparel Group are also expected to report earnings with varying per-share estimates and revenues.