Cognyte stock news
On June 12, 2026, Cognyte Software Ltd. (NASDAQ: CGNT) shares appreciated by 7% as market analysts highlighted the company's successful transition toward a subscription--based revenue model. While the shift resulted in a temporary first--quarter free cash flow deficit of --$6.1 million, investors were encouraged by a 31.2% year--over--year increase in billings and a Remaining Performance Obligation (RPO) of $528.8 million. This price action reflects growing market confidence in Cognyte's long--term revenue predictability and its ability to maintain a 14% growth trajectory despite the short--term fiscal volatility associated with its structural business model transformation.