Cognyte stock news
On September 16, 2026, Zacks Investment Research upgraded Cognyte Software Ltd. (NASDAQ: CGNT) to a "Strong Buy" from "Hold." This rating revision follows the company's second--quarter fiscal 2027 earnings report, which significantly outperformed market expectations with a reported EPS of $0.15 against a $0.09 consensus. Analysts cited a 20% increase in positive broker sentiment over the last four weeks and projected a 67.9% surge in earnings for the full fiscal year. The upgrade reflects heightened confidence in the adoption of Cognyte's AI--powered NEXYTE platform and the company's successful transition toward a high--margin, subscription--based revenue model.