CGNT posts double-digit revenue growth and expands profitability, while cost discipline helps offset FX and hardware pressures.
CGNT posts mixed Q1 as earnings miss, sending shares lower and raising questions on whether growth momentum can offset near-term pressures.
Cognyte Software (CGNT) delivered Q1'27 revenue of $105.5M, up 10% Y/Y, driven by robust AI-driven analytics demand and new customer wins. CGNT achieved positive adjusted EBITDA and solid remaining performance obligations signaling strong forward demand for its AI analytics services. Shares trade at a forward FY 2027 P/E of 12.0X, materially below Palantir, offering investors exposure to AI analytics growth at a discounted valuation.
CGNT's fiscal Q1 2027 revenues rise 10% to $105.5M as demand grows for investigative analytics and new financial crime solutions.
Cognyte Software (CGNT) reported Q1 FY27 revenue growth of 10.4%, but EPS missed and free cash flow was negative, driving a 21% stock drop. Despite AI integration and high switching costs, CGNT's negative free cash flow and low-quality earnings undermine the investment case at current valuation. Management maintained FY27 guidance despite a revenue beat, signaling caution amid professional services volatility and heavy back-half EBITDA weighting.
Cognyte Software Ltd. (CGNT) Q1 2027 Earnings Call Transcript
Cognyte Software NASDAQ: CGNT reported a double-digit revenue increase for the first quarter of fiscal 2027 and reaffirmed its full-year outlook, citing continued demand for its investigative analytics platform, higher recurring revenue and progress in the U.S. market.
Cognyte Software Ltd. (CGNT) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.1 per share.
CGNT to report fiscal Q1 2027 on June 3 as revenues expected to be up 10.2% to $105.3M.
Cognyte and Cellebrite are riding AI-driven investigative demand - dig into their growth, profitability, valuation and risks to see which offers better upside.
CGNT's rising recurring revenue mix and strong backlog boost visibility, with subscription wins and repeat business driving more predictable growth.
OVV, CGNT, MUSA, DK and ECO have been added to the Zacks Rank #1 (Strong Buy) List on May 18, 2026.