Jefferies Cuts Price Target for Verint Systems Inc. (VRNT)

Reported about 6 hours ago

Jefferies analyst Samad Samana has maintained a 'Hold' rating on Verint Systems Inc. (NASDAQ:VRNT) while lowering the price target from $32 to $19. This adjustment reflects the company's disappointing Q4 results, with a non-GAAP EPS of $0.99 below the consensus estimate of $1.27, amid lower-than-expected unbundled SaaS revenue. Although the stock has declined by 37.20% year-to-date, Verint showed positive growth in SaaS ACV from new deals and has increased its Subscription ARR projections for fiscal 2026.

Source: YAHOO

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