Varonis Systems (NASDAQ:VRNS – Free Report) had its target price upped by Susquehanna from $36.00 to $55.00 in a research note published on Wednesday morning,Benzinga reports. The brokerage currently has a positive rating on the technology company’s stock.
A number of other research firms have also recently weighed in on VRNS. Needham & Company LLC upped their price target on shares of Varonis Systems from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday. Royal Bank Of Canada lifted 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 shares of Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Rosenblatt Securities restated a “buy” rating and set a $55.00 price objective on shares of Varonis Systems in a report on Wednesday. Finally, Barclays cut their target price on Varonis Systems from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Wednesday. Seventeen analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.05.
Get Our Latest Stock Analysis on Varonis Systems
Varonis Systems Stock Up 0.1%
Varonis Systems (NASDAQ:VRNS – Get Free Report) last released its earnings results on Tuesday, July 28th. The technology company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%.The firm had revenue of $180.02 million during the quarter, compared to the consensus estimate of $176.83 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company’s revenue was up 18.3% compared to the same quarter last year. Varonis Systems has set its FY 2026 guidance at 0.140-0.150 EPS and its Q3 2026 guidance at 0.020-0.030 EPS. As a group, equities analysts predict that Varonis Systems will post -1.02 EPS for the current fiscal year.
Hedge Funds Weigh In On Varonis Systems
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Signaturefd LLC grew its stake in Varonis Systems by 47.8% in the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after purchasing an additional 322 shares during the period. Benjamin Edwards Inc. grew its position in shares of Varonis Systems by 5.5% during the second quarter. Benjamin Edwards Inc. now owns 6,692 shares of the technology company’s stock worth $340,000 after purchasing an additional 351 shares in the last quarter. Amundi lifted its position in shares of Varonis Systems by 0.7% in the third quarter. Amundi now owns 52,886 shares of the technology company’s stock worth $3,212,000 after buying an additional 387 shares in the last quarter. Osaic Holdings Inc. lifted its stake in shares of Varonis Systems by 10.5% in 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. Finally, Allworth Financial LP boosted its stake in shares of Varonis Systems by 201.3% during the third quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock valued at $40,000 after purchasing an additional 463 shares during the period. Hedge funds and other institutional investors own 95.65% of the company’s stock.
More Varonis Systems News
Here are the key news stories impacting Varonis Systems this week:
- Positive Sentiment: Multiple analysts raised targets: Susquehanna lifted its target to $55, TD Cowen to $53, and Robert W. Baird to $45, suggesting substantial potential appreciation from recent trading levels. Susquehanna Raises Price Target TD Cowen Raises Price Target Baird Raises Price Target
- Positive Sentiment: D.A. Davidson and Rosenblatt Securities maintained Buy ratings, while Piper Sandler indicated that the stock is expected to rise. Needham also forecast strong price appreciation. D.A. Davidson Buy Rating Rosenblatt Buy Rating
- Positive Sentiment: Varonis recently exceeded quarterly earnings and revenue expectations, reporting $0.04 in EPS versus a $0.01 consensus estimate and revenue of $180.02 million versus $176.83 million. Revenue increased 18.3% year over year, supporting the bullish outlook. Varonis 2026 Q2 Results
- Neutral Sentiment: Citigroup raised its price target from $30 to $45 but retained a Neutral rating. Brokerages overall classify VRNS as a “Moderate Buy,” though analysts remain divided on valuation and upside. Consensus Moderate Buy Rating
- Negative Sentiment: An analyst downgrade prompted a reported 7.3% decline in the shares, highlighting near-term valuation concerns despite the predominantly positive analyst commentary. Barclays also reduced its target to $50, adding to the mixed signals. Analyst Downgrade Barclays Lowers Price Target
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.
Recommended Stories
- Five stocks we like better than Varonis Systems
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for Varonis Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Varonis Systems and related companies with MarketBeat.com's FREE daily email newsletter.
