Verint Systems (NASDAQ:VRNT) Updates FY 2026 Earnings Guidance

Verint Systems (NASDAQ:VRNT - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.930-2.930 for the period, compared to the consensus estimate of 2.930. The company issued revenue guidance of $931.2 million-$988.8 million, compared to the consensus revenue estimate of $957.8 million.

Verint Systems Stock Up 1.7%

Shares of NASDAQ:VRNT traded up $0.31 during trading on Friday, hitting $19.09. 1,416,103 shares of the company were exchanged, compared to its average volume of 817,137. The firm's 50 day moving average price is $17.13 and its 200-day moving average price is $22.26. Verint Systems has a 12-month low of $14.15 and a 12-month high of $38.17. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.32 and a quick ratio of 1.28. The stock has a market capitalization of $1.15 billion, a P/E ratio of 20.31, a PEG ratio of 0.97 and a beta of 1.41.

Verint Systems (NASDAQ:VRNT - Get Free Report) last posted its earnings results on Wednesday, June 4th. The technology company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.12). The firm had revenue of $173.62 million during the quarter, compared to analysts' expectations of $194.61 million. Verint Systems had a net margin of 8.49% and a return on equity of 15.79%. The firm's revenue for the quarter was down 6.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.59 earnings per share. On average, research analysts predict that Verint Systems will post 1.92 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Wall Street Zen downgraded Verint Systems from a "buy" rating to a "hold" rating in a report on Thursday, March 27th. Cowen reiterated a "buy" rating on shares of Verint Systems in a research note on Wednesday. Royal Bank of Canada lowered their price objective on shares of Verint Systems from $36.00 to $29.00 and set an "outperform" rating on the stock in a research report on Thursday, March 27th. Needham & Company LLC restated a "buy" rating and issued a $30.00 price objective on shares of Verint Systems in a research note on Thursday. Finally, Wedbush reiterated an "outperform" rating and set a $30.00 target price on shares of Verint Systems in a research note on Wednesday. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $30.33.

Insider Buying and Selling

In related news, insider Peter Fante sold 9,439 shares of the firm's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $16.50, for a total value of $155,743.50. Following the completion of the sale, the insider now owns 20,450 shares in the company, valued at $337,425. This trade represents a 31.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen J. Gold sold 2,744 shares of Verint Systems stock in a transaction that occurred on Thursday, April 10th. The shares were sold at an average price of $16.07, for a total value of $44,096.08. Following the completion of the sale, the director now directly owns 28,473 shares in the company, valued at $457,561.11. This represents a 8.79% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.30% of the company's stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Verint Systems stock. Goldman Sachs Group Inc. increased its stake in Verint Systems Inc. (NASDAQ:VRNT - Free Report) by 6.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,589,770 shares of the technology company's stock after purchasing an additional 93,118 shares during the quarter. Goldman Sachs Group Inc. owned 2.56% of Verint Systems worth $28,377,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 94.95% of the company's stock.

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.