eGain (NASDAQ:EGAN) Share Price Crosses Above 200-Day Moving Average – What’s Next?

eGain Corporation (NASDAQ:EGAN) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.53 and traded as high as $10.65. eGain shares last traded at $10.16, with a volume of 193,081 shares trading hands.

Analyst Ratings Changes

Several analysts recently weighed in on EGAN shares. Wall Street Zen upgraded shares of eGain from a “hold” rating to a “buy” rating in a report on Sunday, November 16th. Zacks Research lowered shares of eGain from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of eGain in a research report on Friday, January 9th. Finally, Roth Capital restated a “buy” rating and issued a $20.00 price objective (up from $10.00) on shares of eGain in a report on Thursday, November 13th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $15.00.

eGain Price Performance

The firm’s 50 day moving average price is $10.79 and its 200-day moving average price is $9.55. The stock has a market cap of $274.84 million, a P/E ratio of 8.26 and a beta of 0.81.

eGain (NASDAQ:EGAN) last announced its quarterly earnings results on Wednesday, November 12th. The technology company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.06. eGain had a net margin of 38.19% and a return on equity of 10.05%. The company had revenue of $23.51 million during the quarter, compared to the consensus estimate of $23.22 million. eGain has set its Q2 2026 guidance at 0.070-0.080 EPS and its FY 2026 guidance at 0.290-0.340 EPS. On average, analysts expect that eGain Corporation will post 0.05 earnings per share for the current year.

Insiders Place Their Bets

In other eGain news, CFO Eric Smit sold 5,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $14.44, for a total transaction of $72,200.00. Following the transaction, the chief financial officer owned 129,187 shares in the company, valued at approximately $1,865,460.28. This represents a 3.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 38.70% of the company’s stock.

Institutional Investors Weigh In On eGain

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kanen Wealth Management LLC lifted its position in eGain by 0.6% during the second quarter. Kanen Wealth Management LLC now owns 2,672,710 shares of the technology company’s stock valued at $16,704,000 after purchasing an additional 16,290 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of eGain by 3.4% in the second 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. Strs Ohio purchased a new position in shares of eGain during the 1st quarter valued at about $250,000. Jane Street Group LLC grew its stake in shares of eGain by 53.7% during the 1st quarter. Jane Street Group LLC now owns 47,726 shares of the technology company’s stock valued at $231,000 after acquiring an additional 16,678 shares during the period. Finally, Ritholtz Wealth Management increased its holdings in eGain by 51.2% in the 3rd quarter. Ritholtz Wealth Management now owns 47,058 shares of the technology company’s stock worth $410,000 after acquiring an additional 15,942 shares in the last quarter. 53.94% of the stock is currently owned by hedge funds and other institutional investors.

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.