Verint Systems (VRNT) stock surged 17.15% in a remarkable 24-hour rally, as investors responded positively to the company's strong positioning in the artificial intelligence-driven customer experience market. The significant uptick comes on the heels of encouraging analyst reports and impressive quarterly results that underscore Verint's growing momentum in the AI space.

According to a report from Wedbush, Verint is well-positioned to capitalize on the AI revolution, which is estimated to spark $2 trillion in spending over the next decade. The company's fiscal Q1 results exceeded expectations, with annual recurring revenue (ARR) from AI now representing about 50% of Verint's subscription ARR. Wedbush analysts noted, "Verint continues to differentiate itself through proven AI outcomes as it capitalizes on current AI adoption demand trends." The increasing adoption of Verint's AI-powered bots within its CX automation platform is expected to drive further AI ARR growth.

Analysts remain bullish on Verint's prospects, with both Wedbush and TD Cowen reiterating their "Buy" ratings on the stock. Wedbush maintained a price target of $30, while TD Cowen set a higher target of $33. The company's fiscal 2026 guidance aligns with Street expectations, further bolstering investor confidence in Verint's AI-centric strategy and its potential to drive long-term growth in the expanding customer experience market.