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

Verint Systems (NASDAQ:VRNT) released its quarterly earnings data on Wednesday. The technology company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.27 by ($0.28), Briefing.com reports. Verint Systems had a return on equity of 15.79% and a net margin of 8.49%. The company had revenue of $253.50 million for the quarter, compared to analyst estimates of $276.82 million. During the same period last year, the firm posted $1.07 EPS. The business’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 Price Performance

Shares of VRNT opened at $18.73 on Friday. The company has a market cap of $1.17 billion, a P/E ratio of 19.93, a PEG ratio of 0.97 and a beta of 1.29. Verint Systems has a fifty-two week low of $18.17 and a fifty-two week high of $38.17. The company has a quick ratio of 1.28, a current ratio of 1.32 and a debt-to-equity ratio of 0.47. The firm’s 50 day moving average price is $23.88 and its 200 day moving average price is $24.74.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Evercore ISI dropped their price objective on shares of Verint Systems from $34.00 to $23.00 and set an “in-line” rating for the company in a report on Thursday. StockNews.com cut shares of Verint Systems from a “buy” rating to a “hold” rating in a research note on Thursday. Needham & Company LLC reduced their price target on shares of Verint Systems from $40.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday. Royal Bank of Canada decreased their price objective on Verint Systems from $36.00 to $29.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, 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 note on Friday, December 6th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, Verint Systems presently has a consensus rating of “Moderate Buy” and a consensus target price 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.