Latest news with #VerintSystemsInc
Yahoo
4 days ago
- Business
- Yahoo
Jefferies Increases PT on Verint Systems Stock to $23, Keeps Hold Rating
Verint Systems Inc. (NASDAQ:VRNT) is one of the . On June 5, Jefferies increased its price target on Verint Systems Inc. (NASDAQ:VRNT) stock from $19 to $23, keeping its Hold rating on the shares. Samad Samana from Jefferies raised the price target on VRNT following strong Q1 FY2026 results, especially citing the 7% revenue beat and material earnings upside driven by a pull-forward of unbundled software-as-a-service deals. A data analyst in front of a computer monitor, analyzing a series of financial trends. The firm says Verint's fiscal 2026 revenue and earnings guides were unchanged, and Q1 was guided below consensus. Investor attention will be on whether the steeper implied second half of the year revenue ramp is achievable given prior unbundled misses, contends Jefferies. Verint Systems Inc. (NASDAQ:VRNT) offers customer engagement solutions. The company offers AI-powered bots to improve AI business outcomes across the enterprise. Verint's Da Vinci AI tool, which is embedded in its cloud platform, powers all applications running in the platform with advanced AI and automation. While we acknowledge the potential of VRNT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
05-06-2025
- Business
- Yahoo
Verint Systems Inc (VRNT) Q1 2026 Earnings Call Highlights: Strong AI Growth and Strategic Wins ...
Revenue: $208 million for Q1. ARR Growth: Accelerated to 6% year-over-year. Non-GAAP Diluted EPS: $0.29 for Q1. AI ARR Growth: Increased 24% year-over-year, reaching $354 million. Free Cash Flow Growth: Expected to increase approximately 12% to $145 million for the full year. Annual Revenue Guidance: Targeting $960 million with a range of plus/minus 3%. Annual Non-GAAP Diluted EPS Guidance: $2.93 at the midpoint. Q2 Revenue Expectation: Around $200 million. Q2 Diluted EPS Expectation: $0.26. Net Debt: One times last 12-month EBITDA. Stock Buybacks: Approximately 2.5 million common shares repurchased during the quarter. Revolver Size: Increased to $500 million, extended term to 2030. Warning! GuruFocus has detected 3 Warning Sign with VRNT. Release Date: June 04, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Verint Systems Inc (NASDAQ:VRNT) reported a strong start to the year with Q1 ARR growth accelerating to 6%, surpassing revenue and EPS guidance. The company achieved significant large deals, including a $13 million TCV order from an insurance company and a $14 million TCV order from a healthcare company, showcasing strong demand for their AI solutions. AI ARR increased by 24% year-over-year, reaching $354 million, indicating robust growth in AI adoption. Verint Systems Inc (NASDAQ:VRNT) is targeting an 8% ARR growth and double-digit free cash flow growth by the end of the year, demonstrating confidence in their financial outlook. The company's hybrid cloud model allows customers to layer AI-powered bots on existing infrastructure, facilitating quick AI deployments and scalability, which is a key differentiator in the market. Despite strong growth, Verint Systems Inc (NASDAQ:VRNT) faces challenges with customer caution due to previous negative experiences with AI bots from other vendors. The market's adoption of AI is still in its early stages, with customers being cautious and requiring proven value before committing to larger investments. There is significant competition from both well-funded software players and start-ups in the AI space, which could impact Verint's market share. The company's quarterly revenue is heavily influenced by the timing of unbundled SaaS renewals, which introduces volatility in financial performance. Verint Systems Inc (NASDAQ:VRNT) needs to continuously innovate and maintain differentiation in a rapidly evolving AI market to sustain its growth trajectory. Q: Can you explain how Verint differentiates in the AI space, particularly with AI voice chatbot usage in customer support? A: Daniel Bodner, CEO, explained that Verint differentiates by focusing on proven AI outcomes and hybrid cloud benefits. Customers can layer AI-powered bots on existing infrastructure, allowing them to start small and scale quickly. This approach has driven a 24% growth in AI ARR in Q1, indicating strong market adoption. Q: How successful has Verint been with its strategy of smaller initial deals with the potential for upselling? A: Daniel Bodner, CEO, highlighted a healthcare company that expanded from initial small-scale deployments to larger commitments, demonstrating the effectiveness of Verint's strategy. The company has seen significant growth in AI ARR, with 50% of its ARR now AI-driven, growing at 24%. Q: Are we at an inflection point for AI-driven voice bots, and what steps is Verint taking to ensure consistent execution? A: Daniel Bodner, CEO, noted that while AI adoption is accelerating, it is not yet at an inflection point due to past poor experiences with AI. Verint's strategy involves working with leading brands to drive innovation and adoption, and the company is focused on delivering tangible AI business outcomes. Q: What is Verint's confidence in achieving its second-half ARR growth targets? A: Grant Highlander, CFO, expressed confidence in achieving the 8% ARR growth target, citing a strong start in Q1 and a 30% year-over-year increase in the SaaS pipeline. The company expects sequential ARR growth each quarter, driven by strong demand for AI solutions. Q: How does Verint differentiate itself in the competitive AI landscape, especially against well-funded competitors? A: Daniel Bodner, CEO, emphasized Verint's differentiation through its platform approach, which integrates multiple AI models and workflows. The company benefits from working with leading brands, which drives innovation and ensures that Verint's solutions deliver real value and outcomes. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-05-2025
- Business
- Yahoo
Verint Systems Inc. (VRNT): Among the Best Artificial Intelligence Stocks Under $50 to Buy Now
We recently published a list of the 13 Best Artificial Intelligence Stocks Under $50 to Buy Now. In this article, we are going to take a look at where Verint Systems Inc. (NASDAQ:VRNT) stands against other AI stocks under $50. On May 8, Dan Ives of Wedbush Securities joined CNBC's 'Squawk on the Street' to discuss his bullish outlook on the AI sector and tech. Ives used the metaphor of technology speeding down the highway at 100 mph in a Ferrari, while regulation lags in the slow lane at 35 mph. He emphasized that, given this disparity, much of the oversight will be self-regulatory, as the use cases for AI are expanding rapidly. He predicted continued consolidation in the sector and stated that regulatory efforts would not halt this trend. The discussion also touched on international trade, particularly regarding the UK, China, India, and Vietnam. Ives described any progress with the UK as a small but positive step, but stressed that the real focus for tech companies remains on China. He explained that while the UK relationship is notable, it does not have the same impact as China, and tech companies are closely monitoring developments in Asia because of their significance to larger deals. He also predicts that major tech players would acquire smaller or emerging private companies and argued that the ongoing AI revolution, unstoppable even in the face of tariffs, will drive companies to position themselves advantageously for the future, with consolidation playing a key role. Ives acknowledged the current regulatory uncertainty and unexpected moves from major tech partners but maintained his bullish stance on big tech overall due to accelerating use cases and spending in the sector. Ives also discussed the enterprise adoption of agentic AI, or AI agents, and when their impact on business efficiency and margins would become evident. Ives emphasized that the AI revolution is spreading across software, cybersecurity, and the internet, and that tariffs will not impede this fourth industrial revolution. In fact, Ives thinks that tariffs might even accelerate AI adoption by increasing price pressures and driving companies to seek efficiencies, highlighting that this earnings season was pivotal, with accelerated spending on AI. He observed that AI-related budgets have surged from 1% to 2% a year ago to about 15% now, and argued that neither regulatory hearings nor tariffs can slow this momentum. He likened the current AI revolution to a decisive last-second play in basketball, as it's delivering unexpected and transformative results for the tech sector. We first sifted through ETFs and financial media reports to compile a list of the top AI stocks under $50. We then selected the 13 stocks that were the most popular among elite hedge funds and that analysts were bullish on. The stocks are ranked in ascending order of the number of hedge funds that have stakes in them, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A remotely located customer service desk acting as the frontline in the software industry. Share Price as of May 12: $17.87 Number of Hedge Fund Holders: 24 Verint Systems Inc. (NASDAQ:VRNT) provides customer engagement solutions. It offers Verint Open Platform to help brands enhance customer experience automation across various touchpoints. These are between the organization and customers in the contact center, back office, branch, websites, and mobile apps. It also offers AI-powered bots to deliver AI business outcomes across the enterprise. In FQ4 2025, the company's ARR growth reached 5%, which exceeded the guidance of 4% due to the momentum in AI-powered CX automation and the growing adoption of Verint's AI solutions by customers. ARR growth also accelerated sequentially throughout the year. The company forecasts another year of ARR growth acceleration and raised its FQ4 2026 ARR outlook to $768 million, which would be up 8% year-over-year. On March 28, Wedbush lowered Verint's price target to $30 from $38, while keeping an Outperform rating. This adjustment came after the company's Q4 earnings that missed both the top and bottom lines because of the timing of unbundled SaaS revenue renewals. However, Verint Systems Inc. (NASDAQ:VRNT) continues to capitalize on the current demand pipeline for the CX platform while further embedding AI capabilities into it. Overall, VRNT ranks 9th on our list of the best artificial intelligence stocks under $50 to buy now. While we acknowledge the growth potential of VRNT, our conviction lies in the belief that AI stocks hold great promise for delivering high returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than VRNT but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-04-2025
- Business
- Yahoo
Verint Systems (VRNT) Stock Target Lowered Amid Unbundled SaaS Renewal Challenges
We recently published a list of . In this article, we are going to take a look at where Verint Systems Inc. (NASDAQ:VRNT) stands against other top AI news updates on Wall Street's radar. As xAI's Grok became the top app on the Google Play Store, its owner, Elon Musk, revealed a major development at his AI startup. The wealthiest person on Earth revealed Friday that xAI had acquired X, formerly Twitter, in an all-stock transaction, valuing his social media platform X at a staggering $33 billion. 'xAI and X's futures are intertwined. Today, we officially take the step to combine the data, models, compute, distribution and talent,' Musk wrote. 'This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach…The combined company will deliver smarter, more meaningful experiences to billions of people while staying true to our core mission of seeking truth and advancing knowledge. This will allow us to build a platform that doesn't just reflect the world but actively accelerates human progress.' Elsewhere, OpenAI is reportedly in advanced negotiations to close a record funding round of $40 billion. The round, led by SoftBank, would value OpenAI at $300 billion, which is double compared to its valuation in October 2024. SoftBank is expected to invest $7.5 billion initially and $22.5 billion in the latter half of this year. The AI-based humanoid robot industry also made headlines after Realbotix announced that it will showcase an advanced intelligence robot at the DiscoveryX expo in mid-April. The AI-powered humanoid robot, Aria, will demonstrate the company's efforts to integrate AI, robotics, and human connection through direct interaction with conference attendees. 'DiscoveryX is a great event to showcase how far we've come in developing emotionally intelligent, interactive AI,' said Realbotix CEO Andrew Kiguel. 'Aria isn't just a robot – she's a glimpse into the future of personalized, human-centric technology.' According to a Goldman Sachs report led by research analyst Jacqueline Du, the total addressable market for humanoid robots could reach $38 billion by 2035, which is over six times higher than a previous estimate of $6 billion. We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of the number of hedge funds that hold stakes in them, as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A remotely located customer service desk acting as the frontline in the software industry. Verint Systems Inc. (NASDAQ:VRNT) is a technology company focusing on customer experience automation. The company's offerings help clients enhance customer engagement and experiences across various channels, including contact centers, web, mobile, and back offices. On March 28th, Wedbush analysts lowered Verint Systems Inc.'s (NASDAQ:VRNT) stock target price to $30 per share from $38 but retained an 'Outperform' rating. The brokerage highlighted the company's Q4 earnings missed both the top and bottom lines because of the timing of unbundled SaaS revenue renewals. However, the analysts believe that Verint Systems Inc. (NASDAQ:VRNT) remains well-positioned within the CX space as it capitalizes on its current demand pipeline while further embedding AI capabilities into its CX platform. Overall, VRNT ranks 7th on our list of top AI news updates on Wall Street's radar. While we acknowledge the potential of VRNT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than VRNT but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
31-03-2025
- Business
- Yahoo
Verint Systems Inc. (VRNT) Grows AI Revenue with Strong Q4 Results
We recently published a list of . In this article, we are going to take a look at where Verint Systems Inc. (NASDAQ:VRNT) stands against other top AI news updates investors should not miss. The global AI industry is growing at a rapid pace but a looming deadline could stall development across the world. The AI diffusion rule, unveiled by Former US President Joe Biden during his last week in Office, restricts the number of AI processors that can be exported to most nations. The rule will be effective on May 15th. The goal is to ensure that AI development stays concentrated in the US and its close allies. American policymakers want AI data centers and infrastructure built elsewhere to comply with US security standards. If the US government implements the controversial framework, industry experts believe it could disrupt global infrastructure development plans and pose challenges for leading technology companies expanding in foreign markets. When asked about export controls last week, Nvidia CEO Jensen Huang said that 'we should continue to interact with the government,' so that 'whatever policy they believe is best, is informed.' Amid fears of the US taking control of global AI development, senior foreign officials and top tech companies urge the Trump Administration to reassess the semiconductor strategy. They are trying to persuade Trump's team to ease some regulations before the compliance deadline. 'Left unchanged, the Biden rule will give China a strategic advantage in spreading over time its own AI technology, echoing its rapid ascent in 5G telecommunications a decade ago,' said Microsoft president Brad Smith last month. We selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey's Q4 2024 database of over 1000 hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A remotely located customer service desk acting as the frontline in the software industry. Verint Systems Inc. (NASDAQ:VRNT) is a tech firm that prioritizes customer experience automation. Its diverse solutions enable clients to enhance customer engagement and experiences across various channels, including contact centers, web/mobile, and back offices. On March 26th, Verint Systems Inc. (NASDAQ:VRNT) posted Q4 diluted earnings per share of $0.45, up from $0.37 a year earlier, on strong AI momentum. However, total revenue for the fiscal fourth quarter fell year-over-year to $253.55 million from $265.1 million. The company increased its subscription ARR guidance for the fiscal year 2026 from $760 million to $768 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,' Overall, VRNT ranks 6th on our list of top AI news updates investors should not miss. While we acknowledge the potential of VRNT as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than VRNT but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
