Needham analyst Ryan MacDonald reiterated a Buy rating on Verint Systems (NASDAQ:VRNT) Inc on Friday, setting a price target of $61, which is approximately 38.32% above the present share price of $44.1.
MacDonald expects Verint Systems Inc to post earnings per share (EPS) of -$0.04 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Verint Systems, with an average price target of $65.33.
The analysts price targets range from a high of $75 to a low of $60.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $200.9 million and a net profit of $4.44 million. The company's market cap is $2.87 billion.
According to TipRanks.com, Needham analyst Ryan MacDonald is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 40.1% and a 71.02% success rate.
Verint Systems, Inc. engages in providing actionable intelligence. It operates through the following segments: Enterprise Intelligence Solutions, Cyber Intelligence Solutions, and Video and Situation Intelligence Solutions. The Enterprise Intelligence segment includes solutions for customer analytics, engagement management, and workforce optimization. The Cyber Intelligence Solutions segment addresses the security intelligence market. The Video and Situation Intelligence Solutions segment handles the fraud, risk, and compliance market. The company was founded in February 1994 and is headquartered in Melville, NY.