Cognyte Boosts Share Buyback Authorization to $40 Million

An announcement from Cognyte Software ( (CGNT) ) is now available.

On March 3, 2026, Cognyte Software said its board approved a further $20 million increase to its share repurchase program, bringing total authorized buybacks to $40 million since the initiative launched in November 2024. The move underscores management’s emphasis on disciplined capital allocation and long-term shareholder value, backed by what the company describes as a strong balance sheet, steady cash generation and confidence in its growth outlook, with repurchases to be funded from existing cash and ongoing cash flows and executed in line with U.S. and Israeli regulations.

The most recent analyst rating on (CGNT) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Cognyte Software stock, see the CGNT Stock Forecast page.

Spark’s Take on CGNT Stock

According to Spark, TipRanks’ AI Analyst, CGNT is a Neutral.

The score is supported by improving fundamentals and strong cash generation with low leverage, reinforced by a positive earnings update that included margin expansion and raised full-year guidance. Offsetting these positives, technicals are very weak with the stock trading well below key moving averages and negative momentum, while valuation is constrained by negative earnings (negative P/E).

To see Spark’s full report on CGNT stock, click here.

More about Cognyte Software

Cognyte Software Ltd., based in Herzliya, Israel, is a software-driven technology company specializing in data processing and investigative analytics solutions. Its AI, big data and machine-learning powered platforms serve law enforcement, national security, intelligence agencies and other organizations seeking to generate actionable intelligence and manage complex threat environments.

Average Trading Volume: 368,653

Technical Sentiment Signal: Strong Sell

Current Market Cap: $548.5M

See more data about CGNT stock on TipRanks’ Stock Analysis page.