Verint Systems (NASDAQ:VRNT) Issues Earnings Results

Verint Systems (NASDAQ:VRNT) announced its quarterly earnings results on Wednesday. The technology company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.27 by ($0.28), Briefing.com reports. Verint Systems had a net margin of 8.49% and a return on equity of 15.79%. The company had revenue of $253.50 million for the quarter, compared to the consensus estimate of $276.82 million. During the same quarter in the prior year, the company earned $1.07 earnings per share. The company’s quarterly revenue was down 4.4% on a year-over-year basis. Verint Systems updated its FY26 guidance to $2.93 EPS and its FY 2026 guidance to 2.930-2.930 EPS.

Verint Systems Trading Down 11.5 %

Verint Systems stock traded down $2.49 during mid-day trading on Thursday, hitting $19.13. The company’s stock had a trading volume of 1,341,446 shares, compared to its average volume of 739,609. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.32 and a quick ratio of 1.28. Verint Systems has a 12 month low of $18.97 and a 12 month high of $38.17. The business has a 50 day moving average price of $23.99 and a 200-day moving average price of $24.79. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 0.97 and a beta of 1.29.

Analysts Set New Price Targets

A number of analysts recently weighed in on VRNT shares. Royal Bank of Canada decreased their target price on shares of Verint Systems from $36.00 to $29.00 and set an “outperform” rating on the stock in a report on Thursday. Needham & Company LLC lowered their price objective on Verint Systems from $40.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday. StockNews.com upgraded Verint Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, March 12th. Jefferies Financial Group raised their price target on Verint Systems from $28.00 to $34.00 and gave the company a “hold” rating in a report on Friday, December 6th. Finally, Evercore ISI cut their price objective on Verint Systems from $34.00 to $23.00 and set an “in-line” rating for the company in a report on Thursday. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $31.67.

Verint Systems Company Profile

Verint Systems Inc provides customer engagement solutions worldwide. It offers forecasting and scheduling, channels and routing, knowledge management, fraud and security solutions, quality and compliance, analytics and insights, real-time assistance, self-services, financial compliance, and voice pf the consumer solutions.