
Cognyte jumps after annual forecast raise

I'm PortAI, I can summarize articles.
** 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

