Verint Systems Gears Up For Q2 Print; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Verint Systems Inc. (NASDAQ:VRNT) is expected to report Q2 financial results after the closing bell on Sept. 6, 2023. Analysts predict earnings of 57 cents per share, up from 56 cents per share a year ago, and revenue of $225.1 million, compared to $222.9 million in the year-ago period. Verint Systems shares fell 2.2% to close at $31.08 on Tuesday. Analysts from Needham, Oppenheimer, and Wedbush have recently reiterated Buy and Outperform ratings, with price targets ranging from $44 to $50.
September 06, 2023 | 7:07 am
News sentiment analysis
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POSITIVE IMPACT
Verint Systems is expected to report improved Q2 earnings and revenue. Despite a recent 2.2% drop in share price, analysts maintain positive ratings with price targets significantly above the current price.
The expected increase in earnings and revenue for Verint Systems is a positive signal for the company's performance. Despite the recent drop in share price, analysts' positive ratings and high price targets suggest confidence in the company's future performance. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100