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Cognyte Software (CGNT) Competitors

Cognyte Software logo
$6.92 +0.18 (+2.67%)
(As of 11/6/2024 ET)

CGNT vs. SOUN, MGNI, AVDX, MLNK, PD, CERT, OPRA, SPT, ZUO, and DCBO

Should you be buying Cognyte Software stock or one of its competitors? The main competitors of Cognyte Software include SoundHound AI (SOUN), Magnite (MGNI), AvidXchange (AVDX), MeridianLink (MLNK), PagerDuty (PD), Certara (CERT), Opera (OPRA), Sprout Social (SPT), Zuora (ZUO), and Docebo (DCBO). These companies are all part of the "computer software" industry.

Cognyte Software vs.

SoundHound AI (NASDAQ:SOUN) and Cognyte Software (NASDAQ:CGNT) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, earnings, profitability, risk, community ranking, dividends, media sentiment, institutional ownership and valuation.

SoundHound AI has a beta of 2.71, suggesting that its share price is 171% more volatile than the S&P 500. Comparatively, Cognyte Software has a beta of 1.72, suggesting that its share price is 72% more volatile than the S&P 500.

Cognyte Software has higher revenue and earnings than SoundHound AI. Cognyte Software is trading at a lower price-to-earnings ratio than SoundHound AI, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SoundHound AI$45.87M44.50-$88.94M-$0.39-14.59
Cognyte Software$330.21M1.51-$15.57M-$0.07-98.86

Cognyte Software received 193 more outperform votes than SoundHound AI when rated by MarketBeat users. However, 65.63% of users gave SoundHound AI an outperform vote while only 56.61% of users gave Cognyte Software an outperform vote.

CompanyUnderperformOutperform
SoundHound AIOutperform Votes
21
65.63%
Underperform Votes
11
34.38%
Cognyte SoftwareOutperform Votes
214
56.61%
Underperform Votes
164
43.39%

19.3% of SoundHound AI shares are held by institutional investors. Comparatively, 72.9% of Cognyte Software shares are held by institutional investors. 12.3% of SoundHound AI shares are held by company insiders. Comparatively, 62.7% of Cognyte Software shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

SoundHound AI currently has a consensus price target of $7.08, suggesting a potential upside of 24.49%. Cognyte Software has a consensus price target of $8.25, suggesting a potential upside of 19.22%. Given SoundHound AI's stronger consensus rating and higher probable upside, research analysts plainly believe SoundHound AI is more favorable than Cognyte Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SoundHound AI
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Cognyte Software
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Cognyte Software has a net margin of -1.35% compared to SoundHound AI's net margin of -195.65%. Cognyte Software's return on equity of -2.56% beat SoundHound AI's return on equity.

Company Net Margins Return on Equity Return on Assets
SoundHound AI-195.65% -93.28% -44.25%
Cognyte Software -1.35%-2.56%-1.17%

In the previous week, SoundHound AI had 16 more articles in the media than Cognyte Software. MarketBeat recorded 16 mentions for SoundHound AI and 0 mentions for Cognyte Software. SoundHound AI's average media sentiment score of 0.52 beat Cognyte Software's score of 0.00 indicating that SoundHound AI is being referred to more favorably in the media.

Company Overall Sentiment
SoundHound AI Positive
Cognyte Software Neutral

Summary

SoundHound AI and Cognyte Software tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CGNT vs. The Competition

MetricCognyte SoftwarePrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$497.51M$24.19B$23.41B$8.67B
Dividend YieldN/A2.24%2.72%4.03%
P/E Ratio-98.8463.60264.4516.67
Price / Sales1.518.973,561.04101.56
Price / CashN/A82.5931.4333.35
Price / Book2.229.546.815.30
Net Income-$15.57M$445.91M$659.96M$224.13M
7 Day Performance6.63%6.21%2.43%3.72%
1 Month Performance5.17%5.34%2.55%6.59%
1 Year Performance56.56%22.87%21.21%27.72%

Cognyte Software Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNT
Cognyte Software
2.7279 of 5 stars
$6.92
+2.7%
$8.25
+19.2%
+60.9%$497.51M$330.21M-98.841,613Gap Up
SOUN
SoundHound AI
2.5089 of 5 stars
$5.14
+2.2%
N/A+219.7%$1.84B$45.87M-13.18200Upcoming Earnings
Gap Up
MGNI
Magnite
3.983 of 5 stars
$12.41
-0.6%
N/A+83.1%$1.75B$619.71M-112.82911Gap Up
AVDX
AvidXchange
3.5516 of 5 stars
$8.31
+0.8%
N/A+24.2%$1.73B$380.72M-138.501,600News Coverage
Gap Up
MLNK
MeridianLink
0.6318 of 5 stars
$22.21
+1.1%
N/A+32.4%$1.68B$307.56M-36.41620Gap Up
PD
PagerDuty
2.7068 of 5 stars
$18.47
+2.3%
N/A-6.5%$1.68B$430.70M-20.751,182Gap Up
CERT
Certara
4.4359 of 5 stars
$10.25
+0.5%
N/A-13.2%$1.65B$363.55M-20.501,391Analyst Forecast
News Coverage
OPRA
Opera
4.6895 of 5 stars
$17.96
-0.1%
N/A+44.4%$1.59B$396.83M9.12630Gap Up
SPT
Sprout Social
2.0563 of 5 stars
$26.97
+1.8%
N/A-36.9%$1.54B$375.30M-20.591,383News Coverage
Gap Up
ZUO
Zuora
1.3679 of 5 stars
$9.90
flat
N/A+29.5%$1.50B$431.66M-30.941,618
DCBO
Docebo
3.7284 of 5 stars
$48.39
+6.0%
N/A+16.4%$1.46B$200.24M89.61730Upcoming Earnings
Gap Up

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This page (NASDAQ:CGNT) was last updated on 11/7/2024 by MarketBeat.com Staff
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