Varonis Systems, Inc. (NASDAQ:VRNS) Receives $42.15 Average Price Target from Analysts

Shares of Varonis Systems, Inc. (NASDAQ:VRNS) have been assigned an average rating of “Moderate Buy” from the twenty-four research firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $42.15.

A number of brokerages recently commented on VRNS. Barclays lifted their price objective on Varonis Systems from $28.00 to $33.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada boosted their target price on Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. DA Davidson upped their price target on Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. UBS Group increased their price target on shares of Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Finally, Susquehanna lifted their price objective on shares of Varonis Systems from $30.00 to $36.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th.

Varonis Systems Price Performance

Shares of NASDAQ VRNS opened at $45.81 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. The company’s 50-day moving average price is $33.88 and its 200 day moving average price is $29.39. Varonis Systems has a 52 week low of $19.70 and a 52 week high of $63.90. The stock has a market cap of $5.26 billion, a price-to-earnings ratio of -40.18 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last announced its earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.11. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The business had revenue of $173.13 million during the quarter, compared to analysts’ expectations of $165.52 million. The business’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. As a group, research analysts forecast that Varonis Systems will post -1.04 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Varonis Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Signaturefd LLC boosted its position in Varonis Systems by 47.8% in the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after buying an additional 322 shares during the period. CI Investments Inc. boosted its position in shares of Varonis Systems by 48.5% in the third quarter. CI Investments Inc. now owns 1,050 shares of the technology company’s stock valued at $60,000 after acquiring an additional 343 shares during the period. Benjamin Edwards Inc. grew its stake in shares of Varonis Systems by 5.5% in the second quarter. Benjamin Edwards Inc. now owns 6,692 shares of the technology company’s stock worth $340,000 after acquiring an additional 351 shares during the last quarter. Amundi increased its position in Varonis Systems by 0.7% during the third quarter. Amundi now owns 52,886 shares of the technology company’s stock worth $3,212,000 after acquiring an additional 387 shares during the period. Finally, Osaic Holdings Inc. raised its stake in Varonis Systems by 10.5% during the 2nd quarter. Osaic Holdings Inc. now owns 4,647 shares of the technology company’s stock valued at $234,000 after purchasing an additional 440 shares during the last quarter. 95.65% of the stock is owned by institutional investors.

About Varonis Systems

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.