Cognyte Software (CGNT) has a consensus price target of $12.33, suggesting 41.2% upside potential from its current $8.73 price. The stock has a Zacks Rank #1 (Strong Buy) rating, supported by strong earnings estimate revisions (up 75% over the past month). However, the article cautions that analyst price targets can be misleading and should not be the sole basis for investment decisions, as they are often inflated due to business incentives.

Zacks highlights three stocks with recent broker rating upgrades despite Fed rate hikes and macroeconomic headwinds: Vince Holding Corp. (VNCE) with expected 172.7% earnings growth, Cognyte Software Ltd. (CGNT) with projected 67.9% earnings growth, and Magnolia Oil & Gas (MGY) with anticipated 64.3% earnings growth. All three stocks hold Zacks Rank #1 ratings.

The Federal Reserve raised rates as expected while projecting modestly higher inflation but an improved GDP outlook and solid labor market. Despite macroeconomic headwinds including elevated Treasury yields, rising oil prices, and tariff uncertainty, U.S. equities have posted solid gains in 2026 supported by resilient corporate earnings and sustained AI investment. Three stocks with upgraded broker ratings are highlighted as potential investment opportunities.

Cognyte Software reported Q2 earnings of $0.15 per share, beating consensus estimates of $0.09, with a 66.67% earnings surprise. Revenues reached $109.24 million, slightly exceeding estimates. However, the stock has underperformed the market, declining 12.5% year-to-date versus the S&P 500's 12.1% gain. The company holds a Zacks Rank #3 (Hold) rating with mixed estimate revisions.

DocuSign reported Q3 2026 earnings of $1.16 per share, beating consensus estimates of $1.08, with revenues of $875.75 million slightly exceeding expectations. However, the stock has underperformed the S&P 500 by 16.4% year-to-date. The company holds a Zacks Rank #3 (Hold) rating with mixed estimate revisions. Cognyte Software, in the same Internet-Software industry, is expected to report results on September 9 with projected earnings of $0.09 per share.

PagerDuty reported Q3 2026 earnings of $0.32 per share, beating consensus estimates of $0.30, with revenues of $124.44 million slightly exceeding expectations. However, the stock has declined 7% year-to-date compared to the S&P 500's 12.1% gain. The company received a Zacks Rank #3 (Hold) rating, suggesting near-term performance in line with the market.

Planet Labs PBC (PL) delivered earnings and revenue surprises of 37.50% and 1.07%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?

Smartsheet (SMAR) delivered earnings and revenue surprises of 18.52% and 1.91%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?

The CNN Money Fear and Greed index showed some decline in the overall market sentiment, while the index remained in the "Greed" zone on Tuesday. U.S. stocks closed mixed on Tuesday, with the Dow Jones index settling slightly lower during the session. Data on the March inflation rate will be released on Wednesday. Economists expect inflation to increase 0.3% month over Month. On the economic data front, the NFIB Small Business Optimism Index declined for a third straight month to a reading of 88.5 in March, compared to market estimates of 90.2. Shares of Cognyte Software Ltd. (NASDAQ: CGNT) fell around 14% on Tuesday after the company reported fourth-quarter results and issued ...

U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 150 points on Tuesday. The Dow traded down 0.39% to 38,742.12 while the NASDAQ fell 0.16% to 16,227.77. The S&P 500 also fell, dropping, 0.29% to 5,187.10. Check This Out: Robinhood To Rally Around 51%? Here Are 10 Top Analyst Forecasts For Tuesday   Leading and Lagging Sectors   Real estate shares jumped by 0.3% on Tuesday. In trading on Tuesday, financial shares fell by 1.2%.   Top Headline   The NFIB Small Business Optimism Index declined for a third straight month to a reading of 88.5 in March, compared to market estimates of 90.2.   Equities Trading UP   Laser Photonics Corporation (NASDAQ: LASE) shares shot up 139% to $3.4239 after the company announced it secured an order for its LaserTower COMPACT marking and engraving system from L3Harris Technologies. Shares of Acrivon Therapeutics, Inc. (NASDAQ: ACRV) got a boost, surging 69% to $10.00. The company announced a $130 million private placement financing. Biophytis S.A. ...

U.S. stocks traded slightly lower, with the Dow Jones falling around 20 points on Tuesday. Shares of General Motors Company (NYSE: GM) rose sharply during Tuesday’s session after the company reported better-than-expected fourth-quarter financial results and issued 2024 adjusted EPS guidance above estimates. General Motors reported a fourth-quarter FY23 sales decline of (0.3)% year-on-year to $42.98 billion, beating the analyst consensus estimate of $38.97 billion. Adjusted EPS of $1.24 beat the consensus estimate of $1.16. General Motors shares climbed 7.6% to $38.06 on Tuesday. Here are some other big stocks recording gains in today’s session. Sanmina Corporation (NASDAQ: SANM) shares gained 36.7% to $69.21 after the company reported better-than-expected first-quarter financial results and issued second-quarter guidance above estimates. Kura Oncology, Inc. (NASDAQ: KURA) gained 16.1% to ...

U.S. stocks traded mostly lower, with the Dow Jones index falling around 150 points on Friday. Shares of Delta Air Lines, Inc. (NYSE: DAL) fell sharply during Friday’s session after the company reported fourth-quarter financial results and issued guidance. Delta Air reported a fourth-quarter FY23 operating revenue growth of 5.9% year-over-year to $14.22 billion and adjusted operating revenue of $13.66 billion (+11.1% Y/Y), beating the consensus of $13.52 billion. Adjusted EPS was $1.28 above the consensus of $1.17. Delta Air Lines shares dipped 7.9% to $38.92 on Friday. Here are some other big stocks recording losses in today’s session. Nukkleus Inc. (NASDAQ: NUKK) shares tumbled 22.4% to $1.6604. Bitdeer Technologies Group (NASDAQ: