Cognyte Expands U.S. Presence with GroupSense Acquisition

The latest update is out from Cognyte Software ( (CGNT) ).

On May 21, 2025, Cognyte Software Ltd. announced its acquisition of GroupSense, a digital risk protection services company, for approximately $4 million with an additional earnout potential of $5 million. This strategic acquisition aims to enhance Cognyte’s presence in the U.S. market and expand its global customer base, aligning with its growth strategy. By integrating GroupSense’s offerings, Cognyte intends to provide advanced cyber threat intelligence solutions to better protect customer assets and brand integrity, further solidifying its position in the investigative analytics market.

The most recent analyst rating on (CGNT) stock is a Hold with a $10.00 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.

Cognyte Software’s overall stock score reflects a mixed financial performance with declining revenues and persistent net losses, offset by improved cash flow management. Strong guidance and positive earnings call sentiment support future growth prospects. However, the negative P/E ratio and lack of dividend yield pose valuation concerns. The technical analysis suggests moderate positive momentum, contributing to a balanced outlook.

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

More about Cognyte Software

Cognyte Software Ltd. is a leading software-driven technology company specializing in data processing and investigative analytics solutions. It empowers law enforcement, national security, and intelligence agencies to generate actionable intelligence using advanced technologies such as AI, big data analytics, and machine learning.

Average Trading Volume: 371,127

Technical Sentiment Signal: Buy

Current Market Cap: $753.4M

For detailed information about CGNT stock, go to TipRanks’ Stock Analysis page.