From Financial Modeling Prep: 2025-01-10 17:06:00

Needham analysts reiterated a Buy rating on Verint Systems (NASDAQ:VRNT) with a $40 price target, naming it their top pick for 2025 and adding it to the Needham Conviction list. The recommendation is based on catalysts expected to drive the company’s performance.

Verint is positioned for growth in 2025 as the contact center market is set to recover after two challenging years. The company’s strength in hybrid cloud contact center solutions aligns with evolving customer preferences, positioning it well to capture demand as spending rebounds.

Verint’s ability to offset declines in traditional WFO revenues with growth in AI bot applications adds resilience to its business model. Concerns about contact center seat reductions are viewed as overstated due to the company’s diversified revenue streams.

With strong ARR growth, share buybacks, and increasing free cash flow, Verint is seen as an attractive investment opportunity in 2025. The company’s performance metrics make it a compelling choice for new investors.



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