Verint Systems (VRNT) Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Verint Systems in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VRNT shares.
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7 brokers have issued 12 month price targets for Verint Systems' stock. Their VRNT share price forecasts range from $25.00 to $50.00. On average, they predict the company's stock price to reach $42.00 in the next year. This suggests a possible upside of 74.1% from the stock's current price.
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Verint Systems' stock was trading at $36.28 at the beginning of the year. Since then, VRNT shares have decreased by 33.5% and is now trading at $24.12.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 6th 2023.
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Verint Systems Inc. (NASDAQ:VRNT) issued its quarterly earnings data on Wednesday, September, 6th. The technology company reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.57 by $0.09. The technology company had revenue of $210.20 million for the quarter, compared to analysts' expectations of $225.10 million. Verint Systems had a net margin of 1.61% and a trailing twelve-month return on equity of 15.48%. The firm's quarterly revenue was down 5.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.25 EPS.

ETFs with the largest weight of Verint Systems (NASDAQ:VRNT) stock in their portfolio include ProShares Big Data Refiners ETF (DAT), iShares Virtual Work and Life Multisector ETF (IWFH), Direxion Work From Home ETF (WFH), Fidelity Cloud Computing ETF (FCLD) and Vanguard U.S. Minimum Volatility ETF (VFMV).Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR).

Verint Systems issued an update on its FY 2024 earnings guidance on Wednesday, September, 6th. The company provided earnings per share guidance of $2.65-$2.65 for the period, compared to the consensus estimate of $2.65. The company issued revenue guidance of $891.80 million-$928.20 million, compared to the consensus revenue estimate of $934.58 million.

255 employees have rated Verint Systems Chief Executive Officer Dan Bodner on Glassdoor.com. Dan Bodner has an approval rating of 69% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Verint Systems investors own include NVIDIA (NVDA), Intel (INTC), Splunk (SPLK), Advanced Micro Devices (AMD), Xilinx (XLNX), Micron Technology (MU), Block (SQ), Gilead Sciences (GILD), QUALCOMM (QCOM) and Cisco Systems (CSCO).

Verint Systems trades on the NASDAQ under the ticker symbol "VRNT."

Verint Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include Clal Insurance Enterprises Holdings Ltd (8.45%), Victory Capital Management Inc. (6.42%), Senvest Management LLC (6.13%), RGM Capital LLC (4.62%), Cardinal Capital Management LLC CT (3.84%) and Dimensional Fund Advisors LP (2.81%). Insiders that own company stock include Dan Bodner, Douglas Robinson, Elan Moriah, Grant A Highlander, Howard Safir, John R Egan, Peter Fante, R Reid French Jr, Richard N Nottenburg, Richard N Nottenburg and William Kurtz.
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Shares of VRNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VRNT stock can currently be purchased for approximately $24.12.

Verint Systems (NASDAQ:VRNT) has a market capitalization of $1.55 billion and generates $902.24 million in revenue each year. The technology company earns $14.90 million in net income (profit) each year or ($0.10) on an earnings per share basis.

The company employs 4,300 workers across the globe.

Verint Systems' mailing address is 175 BROADHOLLOW ROAD, MELVILLE NY, 11747. The official website for the company is www.verint.com. The technology company can be reached via phone at (800) 483-7468, via email at alan.roden@verint.com, or via fax at 631-962-9300.