eGain (NASDAQ:EGAN) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of eGain Corporation (NASDAQ:EGAN) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $9.72 and traded as high as $10.90. eGain shares last traded at $10.63, with a volume of 152,086 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on EGAN shares. Zacks Research lowered shares of eGain from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. B. Riley initiated coverage on eGain in a report on Friday. They issued a “neutral” rating and a $10.50 price objective for the company. Roth Mkm reiterated a “buy” rating and set a $20.00 target price (up previously from $10.00) on shares of eGain in a report on Thursday, November 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of eGain in a research report on Friday, January 9th. Finally, Wall Street Zen raised eGain from a “hold” rating to a “buy” rating in a research report on Sunday, November 16th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, eGain presently has a consensus rating of “Hold” and a consensus price target of $15.25.

eGain Price Performance

The stock has a 50-day moving average price of $10.44 and a 200-day moving average price of $9.72. The company has a market capitalization of $287.54 million, a price-to-earnings ratio of 8.64 and a beta of 0.81.

eGain (NASDAQ:EGAN) last posted its quarterly earnings results on Wednesday, November 12th. The technology company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.06. eGain had a return on equity of 10.05% and a net margin of 38.19%.The business had revenue of $23.51 million for the quarter, compared to analysts’ expectations 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. Equities analysts forecast that eGain Corporation will post 0.05 earnings per share for the current year.

Insider Activity

In related news, CFO Eric Smit sold 5,000 shares of eGain 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 completion of the sale, the chief financial officer owned 129,187 shares of the company’s stock, valued at approximately $1,865,460.28. The trade was a 3.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 38.70% of the company’s stock.

Institutional Investors Weigh In On eGain

Hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC grew its position in shares of eGain by 53.7% in the first quarter. Jane Street Group LLC now owns 47,726 shares of the technology company’s stock valued at $231,000 after purchasing an additional 16,678 shares during the last quarter. Ritholtz Wealth Management bought a new stake in eGain in the 2nd quarter valued at $194,000. Geode Capital Management LLC boosted its stake in eGain by 3.4% in the 2nd quarter. Geode Capital Management LLC now owns 449,899 shares of the technology company’s stock valued at $2,812,000 after purchasing an additional 14,978 shares during the period. Navellier & Associates Inc. acquired a new position in eGain in the 3rd quarter valued at $277,000. Finally, Hillsdale Investment Management Inc. bought a new position in eGain during the 3rd quarter worth $340,000. 53.94% of the stock is currently owned by institutional investors and hedge funds.

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.