Is Verint Systems, Inc. overvalued or undervalued?

As of 21 November 2025, the valuation grade for Verint Systems, Inc. moved from very expensive to expensive, indicating a slight improvement but still suggesting that the stock is not attractively priced. The company appears to be overvalued based on its key ratios, including a P/E ratio of 15, an EV to EBITDA of 9.81, and a Price to Book Value of 0.86. In comparison, peers such as Varonis Systems, Inc. and Viavi Solutions, Inc. show more extreme valuations with P/E ratios of -64.60 and 55.50, respectively, further emphasizing the relative positioning of Verint.
Despite the recent grade change, Verint's stock has underperformed significantly against the S&P 500, with a year-to-date return of -26.38% compared to the index's 12.26%. This trend continues over longer periods, with a 3-year return of -47.29% versus the S&P 500's 67.17%, reinforcing the notion that Verint Systems, Inc. is currently overvalued.