I am going to go against the grain in this thread.
How motivated are you? If you are lacking any motivation or have any doubts then you should not retake the GMAT because you likely won't put in the kind of efforts necessary to
ensure a better performance. However, if you are not lacking motivation, then you should evaluate your currently schedule and determine whether you have the time to devote to more studying. If you do, then you should definitely 100% take another stab at the test.
On my first try, I scored pretty close to the average GMAT score of the top business schools. However, I was disappointed by the score because I had been scoring far higher on my practice tests. I felt like this score did not reflect my abilities and would nag me for a long time if I just left it as it is. So I studied intensively for an additional month and finally got the score that fell within the range of what I had been scoring on my practice tests. I am now incredibly happy I didn't settle. I actively avoided threads like yours because I knew the standard advice was to just keep the score and use my time on the other parts of my application. I knew advice like this, while well-intentioned, would discourage me and make me have doubts. Advice like this also introduce fears and doubts I would not have otherwise. I feel like this is a cookie cutter response that may be harming a lot of students who have both the desire and the drive to achieve a far better score.
I think you seriously underperformed your verbal section. You are not a V37, you are a V40+. If I were you, I would schedule a retake ASAP and spend all my free time studying this section.