VRNT Price Prediction Next Week
Analysis and Insights
Technical Analysis:
Verint Systems Inc (VRNT) is showing signs of potential reversal after entering oversold territory. The stock's Relative Strength Index (RSI) is at 41.77, indicating that the recent selling pressure may be subsiding. The Fibonacci pivot level at $21.78 aligns closely with the current price of $21.88, suggesting a potential bounce.
Fibonacci Levels:
- Fibonacci Resistance Levels: $22.62 (R1), $23.14 (R2)
- Fibonacci Support Levels: $20.94 (S1), $20.42 (S2)
The stock is currently testing the Fibonacci pivot level, with immediate resistance at $22.62. A breakout above this level could signal a short-term bullish trend.
News Sentiment and Analyst Outlook:
Recent news indicates that VRNT has entered oversold territory, with an RSI of 28.9 as of February 28, suggesting potential exhaustion of selling pressure. Additionally, VRNT is part of the Vanguard Small-Cap Value ETF (VBR), where analysts expect significant upside potential, with a target price of $36.00, representing a 59.57% increase from current levels.
Conclusion:
Based on the technical indicators and news sentiment, VRNT is likely to experience a short-term rebound. The stock is expected to reach $22.62 by the end of the next trading week.
Recommendation: Buy VRNT with a target price of $22.62.
VRNT Similar Chart Price Prediction
The price of VRNT is predicted to go up 48%, based on the high correlation periods with VERO. The similarity of these two price pattern on the periods is 98.79%.
VRNT
VERO
Up: 48%Similarity: 98.79%
VRNT Revenue Forecast
VRNT EPS Forecast
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VRNT Analyst's Forecast
Dan Bergstrom
RBC Capital
Buy
2025-03-27
Price Target
$36 → $29
Upside
+54.83%
RBC Capital analyst Dan Bergstrom lowered the firm's price target on Verint to $29 from $36 and keeps an Outperform rating on the shares. The company's Q4 was somewhat mixed despite favorable trends, with ratable results ahead while non-ratable revenue/EPS fell short of consensus on a large financial services deal that approached $20M pushing out of the quarter, the analyst tells investors in a research note. Longer term, Verint remains well-positioned for the opportunity around AI bots, which remains early across the customer base and should build over time, the firm added.
Peter Levine
Evercore ISI Group
Hold
2025-03-27
Price Target
$34 → $23
Upside
+22.8%
Joshua Reilly
Needham
Strong Buy
2025-03-27
Price Target
$40 → $30
Upside
+60.17%
