Wedbush Analysts Lower Earnings Estimates for Verint Systems Inc. (NASDAQ:VRNT)

Verint Systems Inc. (NASDAQ:VRNT - Free Report) - Investment analysts at Wedbush lowered their Q2 2026 earnings estimates for Verint Systems in a research note issued on Thursday, September 5th. Wedbush analyst D. Ives now forecasts that the technology company will post earnings per share of $0.35 for the quarter, down from their prior estimate of $0.37. The consensus estimate for Verint Systems' current full-year earnings is $1.98 per share. Wedbush also issued estimates for Verint Systems' Q3 2026 earnings at $0.35 EPS and Q4 2026 earnings at $1.15 EPS.

Verint Systems (NASDAQ:VRNT - Get Free Report) last released its quarterly earnings data on Wednesday, September 4th. The technology company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.04). The firm had revenue of $210.17 million during the quarter, compared to analysts' expectations of $212.81 million. Verint Systems had a net margin of 6.78% and a return on equity of 16.17%. The business's revenue for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the business earned $0.22 earnings per share.

Several other equities analysts also recently weighed in on VRNT. Needham & Company LLC restated a "buy" rating and set a $40.00 target price on shares of Verint Systems in a report on Thursday. TD Cowen cut their price objective on Verint Systems from $40.00 to $36.00 and set a "buy" rating for the company in a research report on Thursday. Jefferies Financial Group reduced their target price on Verint Systems from $32.00 to $28.00 and set a "hold" rating on the stock in a research note on Thursday. Evercore ISI dropped their price target on Verint Systems from $34.00 to $30.00 and set an "in-line" rating for the company in a research report on Thursday. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $36.00 price objective on shares of Verint Systems in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $34.00.

Verint Systems Price Performance

Shares of NASDAQ:VRNT traded down $0.40 during midday trading on Monday, hitting $25.81. 1,175,541 shares of the stock were exchanged, compared to its average volume of 642,317. Verint Systems has a twelve month low of $18.41 and a twelve month high of $38.17. The company has a current ratio of 1.41, a quick ratio of 1.36 and a debt-to-equity ratio of 0.49. The company has a 50 day moving average price of $32.32 and a 200-day moving average price of $31.93. The stock has a market cap of $1.60 billion, a P/E ratio of 53.77, a PEG ratio of 1.10 and a beta of 1.24.

Insider Transactions at Verint Systems

In related news, CEO Dan Bodner sold 375,000 shares of the stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $33.76, for a total transaction of $12,660,000.00. Following the transaction, the chief executive officer now directly owns 609,764 shares in the company, valued at $20,585,632.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Dan Bodner sold 375,000 shares of the company's stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of $33.76, for a total transaction of $12,660,000.00. Following the completion of the transaction, the chief executive officer now owns 609,764 shares of the company's stock, valued at $20,585,632.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Peter Fante sold 4,417 shares of Verint Systems stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $36.60, for a total transaction of $161,662.20. Following the completion of the transaction, the insider now owns 98,975 shares in the company, valued at approximately $3,622,485. The disclosure for this sale can be found here. Insiders own 1.70% of the company's stock.

Hedge Funds Weigh In On Verint Systems

A number of large investors have recently modified their holdings of the company. Stanley Laman Group Ltd. lifted its holdings in shares of Verint Systems by 0.4% during the 2nd quarter. Stanley Laman Group Ltd. now owns 124,470 shares of the technology company's stock valued at $4,008,000 after acquiring an additional 478 shares in the last quarter. Quarry LP boosted its position in shares of Verint Systems by 160.9% in the second quarter. Quarry LP now owns 793 shares of the technology company's stock worth $26,000 after buying an additional 489 shares during the period. Verdence Capital Advisors LLC grew its stake in shares of Verint Systems by 4.4% in the first quarter. Verdence Capital Advisors LLC now owns 13,938 shares of the technology company's stock valued at $462,000 after buying an additional 584 shares in the last quarter. FinTrust Capital Advisors LLC raised its holdings in shares of Verint Systems by 173.7% during the 1st quarter. FinTrust Capital Advisors LLC now owns 1,188 shares of the technology company's stock valued at $39,000 after buying an additional 754 shares during the period. Finally, Fidelis Capital Partners LLC acquired a new position in Verint Systems during the 1st quarter worth approximately $30,000. 94.95% of the stock is currently 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.