Shares of Verint Systems Inc. (VRNT) plummeted 5.02% in Friday's intraday trading session, following a disappointing fourth-quarter earnings report and a subsequent price target cut by Wedbush analysts. The software company's stock price movement reflects investors' concerns about its financial performance and growth prospects.

Verint reported fourth-quarter fiscal 2024 earnings of $0.99 per share, significantly missing the Zacks Consensus Estimate of $1.27 per share. This earnings miss, coupled with full-year results that fell short of analyst expectations, triggered a sell-off in the stock. For the full fiscal year 2025, Verint's revenue remained flat at $909.2 million, missing analyst estimates by 2.5%. The company's earnings per share (EPS) also disappointed, coming in 24% below analyst forecasts.

Adding to the negative sentiment, Wedbush analysts lowered their price target on Verint Systems to $30 from $38, while maintaining an Outperform rating on the stock. This reduction in the price target suggests that even bullish analysts are adjusting their expectations for the company's near-term performance. Despite the challenges, Verint's net income for the full year rose to $65.0 million, up 265% from the previous year, with an improved profit margin of 7.1%. However, investors appear to be focusing on the company's current struggles rather than its potential for future growth.