9 Small-Cap Tech Stocks on Wall Street’s Radar

3. Cognyte Software Ltd. (NASDAQ:CGNT)

Number of Hedge Fund Holders: 26

Market Cap: $618 Million

Cognyte Software Ltd. (NASDAQ:CGNT) is one of the small-cap tech stocks on Wall Street’s radar.

On October 22, 2025, the company announced that a long-standing military intelligence customer in the Asia-Pacific region has committed to a follow-on contract valued at over US$5 million. This customer has been with Cognyte for more than a decade, and the new deal expands their deployment into an additional frontline military unit tasked with border security and tactical SIGINT operations.  According to the company, the expansion underscores the success of their “land-and-expand” strategy: win an initial deployment, prove value, then grow within the same customer.

The agreement enhances the customer’s mission-readiness, boosting operational efficiency, decision-making speed and intelligence capabilities across complex terrain. The deal also signals that Cognyte’s technology is resonating in high-stakes defence and intelligence markets and that repeat business is a core growth driver.

Cognyte Software Ltd. (NASDAQ:CGNT) is an Israel-based company that develops software-driven investigative analytics solutions tailored for national security, law enforcement and military customers. Its platforms leverage artificial intelligence, big-data analytics and machine learning to help agencies generate actionable intelligence, accelerate investigations and anticipate emerging threats.