eGain (NASDAQ:EGAN) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

eGain Corporation (NASDAQ:EGAN)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.18 and traded as high as $10.50. eGain shares last traded at $10.29, with a volume of 152,567 shares changing hands.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Roth Capital restated a “buy” rating and set a $20.00 price objective (up previously from $10.00) on shares of eGain in a report on Thursday, November 13th. Weiss Ratings restated a “hold (c+)” rating on shares of eGain in a research note on Tuesday, October 14th. Zacks Research downgraded eGain from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 4th. Finally, Wall Street Zen raised eGain from a “hold” rating to a “buy” rating in a report on Sunday, November 16th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $15.00.

eGain Price Performance

The business’s 50 day simple moving average is $11.59 and its 200 day simple moving average is $9.18. The stock has a market cap of $278.34 million, a P/E ratio of 8.37 and a beta of 0.81.

eGain (NASDAQ:EGAN) last released its quarterly earnings data 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 return on equity of 10.05% and a net margin of 38.19%.The company had revenue of $23.51 million for the quarter, compared to analyst estimates 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. Research analysts predict that eGain Corporation will post 0.05 earnings per share for the current year.

eGain announced that its Board of Directors has authorized a share repurchase plan on Thursday, September 4th that authorizes the company to repurchase $20.00 million in outstanding shares. This repurchase authorization authorizes the technology company to repurchase up to 11.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other news, CFO Eric Smit sold 5,000 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $14.44, for a total value of $72,200.00. Following the sale, the chief financial officer owned 129,187 shares in the company, valued at approximately $1,865,460.28. The trade was a 3.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 38.70% of the company’s stock.

Hedge Funds Weigh In On eGain

Institutional investors have recently added to or reduced their stakes in the company. Kanen Wealth Management LLC boosted its position in eGain by 0.6% in 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 buying an additional 16,290 shares in the last quarter. Acadian Asset Management LLC raised its stake in shares of eGain by 0.7% in the first quarter. Acadian Asset Management LLC now owns 980,840 shares of the technology company’s stock valued at $4,753,000 after acquiring an additional 6,429 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of eGain by 3.4% in the 2nd quarter. Geode Capital Management LLC now owns 449,899 shares of the technology company’s stock worth $2,812,000 after acquiring an additional 14,978 shares in the last quarter. Nuveen LLC bought a new stake in eGain during the 1st quarter worth approximately $296,000. Finally, Strs Ohio bought a new stake in eGain during the 1st quarter worth approximately $250,000. 53.94% of the stock is owned by institutional investors.

eGain Company Profile

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.