Verint Systems (NASDAQ:VRNT) Releases 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 guidance of 2.930-2.930 for the period, compared to the consensus earnings per share 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 Trading Down 0.2%

NASDAQ:VRNT traded down $0.04 during trading hours on Friday, hitting $18.74. The stock had a trading volume of 204,737 shares, compared to its average volume of 796,384. Verint Systems has a one year low of $14.15 and a one year high of $38.17. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.28 and a current ratio of 1.32. The company has a market cap of $1.13 billion, a price-to-earnings ratio of 19.92, a P/E/G ratio of 0.97 and a beta of 1.45. The business's 50 day moving average is $17.11 and its 200-day moving average is $22.29.

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

Wall Street Analyst Weigh In

VRNT has been the subject of several recent analyst reports. Royal Bank of Canada lowered their target price on shares of Verint Systems from $36.00 to $29.00 and set an "outperform" rating for the company in a research note on Thursday, March 27th. Cowen reaffirmed a "buy" rating on shares of Verint Systems in a research note on Wednesday. Needham & Company LLC reaffirmed a "buy" rating and issued a $30.00 target price on shares of Verint Systems in a research note on Thursday. Wall Street Zen downgraded shares of Verint Systems from a "buy" rating to a "hold" rating in a research note on Thursday, March 27th. Finally, Wedbush reissued an "outperform" rating and set a $30.00 price objective on shares of Verint Systems in a research report on Wednesday. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $30.33.

Insider Transactions at Verint Systems

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Verint Systems stock. Strs Ohio bought a new stake in Verint Systems Inc. (NASDAQ:VRNT - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,600 shares of the technology company's stock, valued at approximately $29,000. 94.95% of the stock is owned by hedge funds and other institutional investors.

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.