These Analysts Slash Their Forecasts On Verint Systems Following Downbeat Earnings

Benzinga
03-27

Verint Systems Inc. (NASDAQ:VRNT) on Wednesday reported worse-than-expected fourth-quarter financial results and issued FY26 EPS guidance with its midpoint below estimates.

Verint Systems reported quarterly earnings of 99 cents per share which missed the analyst consensus estimate of $1.27 per share. The company reported quarterly sales of $253.55 million which missed the analyst consensus estimate of $276.99 million.

“We are pleased to finish the year with strong AI momentum, overachieving our Q4 FYE 2025 ARR guidance by $8 million, and are raising our Q4 FYE 2026 ARR guidance. We are also pleased with our record SaaS ACV bookings from new deals, representing 30% growth year-over-year, and better than expected Bundled SaaS Revenue, representing 23% growth year-over-year. Behind our momentum is the strong ROI we deliver to our customers with AI business outcomes that are faster and stronger than any other vendor in our market. During FYE 2025, some of the largest brands in the world began to deploy Verint’s AI powered bots and we expect them to expand their usage over time. As of today, more than 90 of the Fortune 500 are using Verint’s AI-powered bots to automate workflows and many are already reporting strong AI business outcomes and expanding with us,” said Dan Bodner, CEO and Chairman.

Verint shares dipped 11.6% to trade at $19.11 on Thursday.

These analysts made changes to their price targets on Verint following earnings announcement.

  • Needham analyst Joshua Reilly maintained Verint Systems with a Buy and lowered the price target from $40 to $30.
  • Evercore ISI Group analyst Peter Levine maintained Verint with an In-Line rating and cut the price target from $34 to $23.

Considering buying VRNT stock? Here’s what analysts think:

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