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Verint price target raised to $23 from $19 at Jefferies

Jefferies raised the firm’s price target on Verint (VRNT) to $23 from $19 and keeps a Hold rating on the shares. The company reported a 7% revenue beat and material earnings upside due to a pull forward of unbundled software-as-a-service deals, the analyst tells investors in a research note. 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.

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