Verint Systems (NASDAQ:VRNT) Posts Quarterly Earnings Results, Misses Estimates By $0.28 EPS

Verint Systems (NASDAQ:VRNT) released its quarterly earnings results on Wednesday. The technology company reported $0.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $253.50 million for the quarter, compared to analyst estimates of $276.82 million. During the same quarter in the prior year, the firm earned $1.07 EPS. The firm’s revenue was down 4.4% compared to the same quarter last year. Verint Systems updated its FY26 guidance to $2.93 EPS and its FY 2026 guidance to 2.930-2.930 EPS.

Verint Systems Stock Down 11.6 %

VRNT stock traded down $2.52 during mid-day trading on Thursday, hitting $19.10. The stock had a trading volume of 1,089,204 shares, compared to its average volume of 738,571. Verint Systems has a 1-year low of $18.97 and a 1-year high of $38.17. The company has a fifty day moving average of $23.99 and a 200 day moving average of $24.79. The company has a current ratio of 1.32, a quick ratio of 1.28 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 0.97 and a beta of 1.29.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Needham & Company LLC cut their target price on shares of Verint Systems from $40.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday. Jefferies Financial Group upped their price target on Verint Systems from $28.00 to $34.00 and gave the company a “hold” rating in a research report on Friday, December 6th. Royal Bank of Canada restated an “outperform” rating and set a $36.00 price objective on shares of Verint Systems in a research report on Wednesday, January 15th. Finally, StockNews.com upgraded Verint Systems from a “hold” rating to a “buy” rating in a report on Wednesday, March 12th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Verint Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

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.