Cognyte Software Ltd.
CGNTUNDER PRESSUREQUIETCognyte Software Ltd. reads as Under Pressure (composite 48/100); pressure / disclosure signals dominate the posture this cycle · primary market Software & IT.
Lens
Disclosed M&A capital (2023–2025)
$4M
vs $24M in 2020–2022
Disclosed transactions
N/A
1/3 active fiscal years in window
Buyer archetype
Selective Buyer
Acquisition use is visible but targeted.
Composite score
48
Under Pressure dominates · Quiet
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $28M disclosed buyer spend
Buyer Cadence
Buyer-side companies with recent filing activity
Target Probability
Issuers showing target-side patterns from filings
- 11 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 11 activism filings
Pressure Watch
DominantIssuers facing activism, governance, or control pressure
- 11 activism filings
- Latest activism 1.7y ago
- Shareholder pressure language
Distress Watch
Issuers showing financial-distress filing patterns
- Missing recent 10-Q
- 11 activism filings
Restatement Risk
Issuers with accounting-integrity flags from filings
Capital Velocity
Issuers with the highest filing-activity intensity
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $738M
- 2 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $24M · Peak count: 1
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | N/A | $4M | N/A | N/A |
| 2024 | N/A | N/A | N/A | N/A |
| 2023 | N/A | N/A | N/A | N/A |
| 2022 | 1 | $24M | $24M | N/A |
| 2021 | N/A | N/A | N/A | N/A |
| 2020 | N/A | N/A | N/A | N/A |
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“Our competitors may be able to more quickly develop or adapt to new or emerging technologies, better respond to changes in customer needs or preferences, better identify and enter into new areas of growth, or devote greater resources to the development, promotion and sale of their products.”
“We face aggressive competition from numerous and varied competitors in all of our markets, making it difficult to maintain market share, remain profitable, invest, and grow.”
“We are also encountering new competitors as we expand into new markets or as new competitors expand into ours.”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Software & IT
- Market spend (2023–2025)
- $217.7B
- Market spend (2020–2022)
- $197.1B
- Recent vs prior
- +10%
- Issuer rank in market
- N/A
- Share of market capital
- 0.0%
Valuation positioning
CGNT trades at a +17.6-turn premium to the Software & IT peer median of 14.3×.
- EV / Revenue
- 1.8×
- Net debt / EBITDA
- N/A
- Peer median EV / EBITDA
- 14.3×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
Cognyte Software Ltd.CGNT | 32.0× | 1.8× | N/A | $400M | $4M |
| 23.4× | 10.7× | 0.2× | $64.1B | $27.7B | |
| 15.5× | 9.8× | 0.0× | $318.3B | $75.4B | |
| 14.3× | 4.4× | 0.6× | $41.5B | $12.1B | |
| 11.0× | 3.7× | -0.1× | $6.4B | $1.7B | |
Fiserv, Inc.FISV | 7.6× | 2.8× | 0.1× | $21.1B | $10M |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Software & IT. Bars scaled to the highest EV/EBITDA in the set.
Buyer landscape.
Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.
Likely buyers
No public buyers surface as a strong target-side fit on current signal.
Likely sellers / divestiture partners
No reciprocal divestiture / strategic-alternatives matches identified.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)82026-03-25
- 10-Q (quarterly)0N/A
- 8-K (event)0N/A
- Proxy / DEF 14A0N/A
- Activism (13D / DFAN / PREC)112024-09-16
Signals on file
- elevated
Activism on file
2024-09-1611 activist filings on file (13D, DFAN14A, PREC14A series).
- info
Signal
Serial acquisition history
- info
Signal
Shareholder pressure
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.