eGain Corporation (NASDAQ:EGAN) Given Consensus Rating of “Hold” by Analysts

eGain Corporation (NASDAQ:EGAN) has been assigned an average rating of “Hold” from the five brokerages that are presently covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating. The average 1 year price target among brokerages that have covered the stock in the last year is $8.75.

Several research firms have issued reports on EGAN. Wall Street Zen cut shares of eGain from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of eGain in a report on Friday, August 7th. Roth Capital downgraded eGain from a “buy” rating to a “neutral” rating and set a $7.00 price objective on the stock. in a report on Tuesday. Finally, B Riley reiterated a “neutral” rating on shares of eGain in a report on Tuesday.

eGain Stock Performance

eGain stock traded down $0.52 during mid-day trading on Tuesday, hitting $5.32. The company’s stock had a trading volume of 352,792 shares, compared to its average volume of 214,284. The company has a 50 day moving average of $6.89 and a 200-day moving average of $7.52. eGain has a one year low of $5.27 and a one year high of $15.95. The stock has a market cap of $146.06 million, a PE ratio of 16.69 and a beta of 0.83.

eGain (NASDAQ:EGAN) last released its earnings results on Thursday, September 3rd. The technology company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.05. The business had revenue of $22.15 million during the quarter, compared to the consensus estimate of $21.75 million. eGain had a return on equity of 11.63% and a net margin of 9.74%.eGain has set its FY 2027 guidance at 0.040-0.070 EPS and its Q1 2027 guidance at 0.050-0.080 EPS. On average, equities research analysts forecast that eGain will post 0.3 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in EGAN. UBS Group AG lifted 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 worth $4,509,000 after purchasing an additional 418,117 shares during the period. Hillsdale Investment Management Inc. raised its stake in eGain by 562.3% in the fourth quarter. Hillsdale Investment Management Inc. now owns 258,305 shares of the technology company’s stock worth $2,658,000 after buying an additional 219,305 shares in the last quarter. Renaissance Technologies LLC lifted its holdings in eGain by 32.9% during the first quarter. Renaissance Technologies LLC now owns 838,425 shares of the technology company’s stock worth $6,615,000 after buying an additional 207,606 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in eGain during the 4th quarter valued at $1,907,000. Finally, Bank of New York Mellon Corp bought a new stake in eGain during the 2nd quarter valued at $957,000. Hedge funds and other institutional investors own 53.94% of the company’s stock.

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.