Cognyte Software Stock Plummets to New 52-Week Low of $6.29

Cognyte Software has reached a new 52-week low, with its stock price dropping to USD 6.29 on February 23, 2026. This decline marks a significant downturn for the microcap company, which operates within the Software Products industry and currently holds a market capitalization of USD 497 million. Over the past year, Cognyte Software has experienced a performance decline of 20.05%, contrasting sharply with the S&P 500's positive return of 12.95%. The company's financial metrics reveal a P/E ratio of 579.00, indicating a high valuation relative to its earnings. Additionally, Cognyte has reported a negative return on equity of -0.35% and a debt-equity ratio of -0.52, suggesting potential financial instability. The stock's price-to-book ratio stands at 2.43, further highlighting its valuation concerns. Despite a modest annual growth rate in net sales of 7.68% and operating profit growth of 5.37% over the last five years, the stock has underperformed significantly compared to broader market trends. As it navigates these challenges, Cognyte Software's recent price movement reflects ongoing pressures within its operational landscape.