Brokerages Set Varonis Systems, Inc. (NASDAQ:VRNS) Price Target at $41.35

Varonis Systems, Inc. (NASDAQ:VRNS) has earned an average rating of “Moderate Buy” from the twenty-three ratings firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, fifteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $41.35.

VRNS has been the topic of a number of recent analyst reports. Morgan Stanley reissued an “equal weight” rating and issued a $41.00 price objective (down from $44.00) on shares of Varonis Systems in a research note on Monday, January 26th. Wells Fargo & Company boosted their target price on Varonis Systems from $28.00 to $35.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Wedbush boosted their target price on Varonis Systems from $35.00 to $37.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Barclays boosted their target price on Varonis Systems from $28.00 to $33.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Finally, UBS Group boosted their target price on Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th.

Varonis Systems Stock Up 2.1%

Shares of NASDAQ:VRNS opened at $28.78 on Friday. The company has a market capitalization of $3.30 billion, a price-to-earnings ratio of -25.25 and a beta of 0.80. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.69 and a quick ratio of 1.69. The business’s 50-day moving average is $24.37 and its 200-day moving average is $28.68. Varonis Systems has a 1 year low of $19.70 and a 1 year high of $63.90.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.11. The company had revenue of $173.13 million for the quarter, compared to the consensus estimate of $165.52 million. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The firm’s quarterly revenue was up 26.9% compared to the same quarter last year. Varonis Systems has set its FY 2026 guidance at 0.110-0.120 EPS and its Q2 2026 guidance at 0.000-0.010 EPS. Equities research analysts predict that Varonis Systems will post -1.05 earnings per share for the current year.

Institutional Trading of Varonis Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VRNS. Jacobs Levy Equity Management Inc. bought a new stake in Varonis Systems in the 4th quarter valued at about $48,263,000. First Trust Advisors LP increased its position in Varonis Systems by 40.6% in the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock valued at $145,214,000 after buying an additional 1,279,002 shares in the last quarter. Senvest Management LLC increased its holdings in Varonis Systems by 406.1% during the 1st quarter. Senvest Management LLC now owns 1,448,943 shares of the technology company’s stock worth $31,109,000 after purchasing an additional 1,162,651 shares in the last quarter. Pictet Asset Management Holding SA increased its holdings in Varonis Systems by 99.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock worth $71,480,000 after purchasing an additional 1,084,267 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Varonis Systems by 218.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,409,487 shares of the technology company’s stock worth $30,262,000 after purchasing an additional 966,817 shares in the last quarter. 95.65% of the stock is owned by institutional investors.

Varonis Systems Company Profile

Varonis Systems is a cybersecurity firm specializing in the protection and management of unstructured data. The company’s flagship Data Security Platform provides advanced analytics for monitoring file systems, email servers, collaboration platforms and cloud storage. By continuously mapping and analyzing data permissions and user behavior, Varonis enables organizations to detect insider threats, verify compliance and remediate exposed data in real time.

Founded in 2005 and headquartered in New York City, Varonis serves a diverse global customer base across financial services, healthcare, media, manufacturing and government.