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Added to YB: 2024-10-11

Pitch date: 2024-10-09

EGAN [neutral]

eGain Corporation

+113.64%

current return

Author Info

Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.

Company Info

eGain Corporation engages in the development, license, implementation, and support of its customer service infrastructure software solutions in North America, Europe, the Middle East, Africa, and the Asia Pacific.

Market Cap

$328.4M

Pitch Price

$4.84

Price Target

N/A

Dividend

N/A

EV/EBITDA

30.80

P/E

9.91

EV/Sales

2.89

Sector

Software

Category

turnaround

Show full summary:
Pernas Research Passes On: eGain Corporation

EGAN pass: AI-focused customer service software co. Pivoting to GPT solutions but facing obsolescence risk in contact center model. No proprietary data edge. Revenue declining, major client churn. $140M mrkt cap, $4.81 price, 5x EV/EBITDA. AI potential but fundamental challenges.

Read full article (1 min)