Verint Systems (NASDAQ:VRNT – Get Free Report) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 2.900-2.900 for the period, compared to the consensus EPS estimate of 2.900. The company issued revenue guidance of $914.3 million-$951.7 million, compared to the consensus revenue estimate of $932.6 million.
Analyst Ratings Changes
Several research firms have recently weighed in on VRNT. Needham & Company LLC reiterated a “buy” rating and set a $40.00 price objective on shares of Verint Systems in a research report on Friday, January 10th. Jefferies Financial Group boosted their target price on shares of Verint Systems from $28.00 to $34.00 and gave the company a “hold” rating in a research report on Friday, December 6th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 price target on shares of Verint Systems in a research note on Wednesday, January 15th. Wedbush reiterated an “outperform” rating and set a $38.00 price objective on shares of Verint Systems in a report on Thursday, September 26th. Finally, StockNews.com lowered Verint Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, January 15th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $35.67.
View Our Latest Stock Analysis on VRNT
Verint Systems Trading Up 1.6 %
Insider Activity at Verint Systems
In other Verint Systems news, insider Peter Fante sold 16,233 shares of the company’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of $27.52, for a total value of $446,732.16. Following the transaction, the insider now directly owns 73,314 shares in the company, valued at $2,017,601.28. This represents a 18.13 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Grant A. Highlander sold 12,880 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $29.25, for a total transaction of $376,740.00. Following the completion of the transaction, the chief financial officer now owns 117,137 shares in the company, valued at approximately $3,426,257.25. This trade represents a 9.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.70% of the stock is currently owned by company insiders.
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.
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