eGain Corporation (NASDAQ:EGAN) Short Interest Down 14.2% in January

eGain Corporation (NASDAQ:EGAN) saw a large decrease in short interest in January. As of January 30th, there was short interest totaling 914,360 shares, a decrease of 14.2% from the January 15th total of 1,066,081 shares. Approximately 5.4% of the shares of the stock are sold short. Based on an average daily volume of 166,004 shares, the days-to-cover ratio is currently 5.5 days. Based on an average daily volume of 166,004 shares, the days-to-cover ratio is currently 5.5 days. Approximately 5.4% of the shares of the stock are sold short.

eGain Trading Up 0.2%

eGain stock traded up $0.02 during mid-day trading on Wednesday, reaching $9.83. The company had a trading volume of 30,193 shares, compared to its average volume of 220,976. The business has a fifty day simple moving average of $10.34 and a 200 day simple moving average of $10.13. The company has a market cap of $269.20 million, a P/E ratio of 7.62 and a beta of 0.80. eGain has a fifty-two week low of $4.34 and a fifty-two week high of $15.95.

eGain (NASDAQ:EGAN) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03. The company had revenue of $22.98 million during the quarter, compared to analysts’ expectations of $22.42 million. eGain had a return on equity of 11.13% and a net margin of 39.77%.eGain has set its Q3 2026 guidance at 0.060-0.080 EPS and its FY 2026 guidance at 0.310-0.360 EPS. Research analysts forecast that eGain will post 0.05 EPS for the current year.

Hedge Funds Weigh In On eGain

Large investors have recently modified their holdings of the business. Renaissance Technologies LLC grew its stake in shares of eGain by 4.5% in the fourth quarter. Renaissance Technologies LLC now owns 630,819 shares of the technology company’s stock worth $6,491,000 after purchasing an additional 27,300 shares during the last quarter. Geode Capital Management LLC lifted its holdings in eGain by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 449,899 shares of the technology company’s stock worth $2,812,000 after buying an additional 14,978 shares during the period. UBS Group AG grew its position in shares of eGain by 2,079.4% in the 4th quarter. UBS Group AG now owns 438,225 shares of the technology company’s stock valued at $4,509,000 after buying an additional 418,117 shares during the last quarter. Hillsdale Investment Management Inc. increased its stake in shares of eGain by 562.3% in the fourth quarter. Hillsdale Investment Management Inc. now owns 258,305 shares of the technology company’s stock valued at $2,658,000 after buying an additional 219,305 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of eGain by 69.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 226,664 shares of the technology company’s stock worth $2,332,000 after acquiring an additional 92,762 shares during the last quarter. Institutional investors own 53.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on EGAN. Zacks Research cut shares of eGain from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Roth Mkm reaffirmed a “buy” rating and set a $20.00 price target on shares of eGain in a report on Wednesday, February 4th. B. Riley Financial started coverage on shares of eGain in a research report on Friday, January 23rd. They set a “neutral” rating and a $10.50 price target on the stock. Wall Street Zen upgraded shares of eGain from a “hold” rating to a “buy” rating in a research report on Sunday, November 16th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of eGain in a report on Friday, January 9th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $15.25.

About eGain

eGain Incorporated (NASDAQ: EGAN) is a software company specializing in cloud-based customer engagement solutions. Its platform integrates knowledge management, analytics, and artificial intelligence to help organizations streamline customer service across digital channels. By centralizing information and automating routine interactions, eGain aims to improve agent productivity, reduce response times, and deliver consistent customer experiences.

The company’s product suite includes tools for knowledge authoring and delivery, AI-powered chatbots, case management, and predictive analytics.