Varonis Systems (NASDAQ:VRNS) Given Neutral Rating at Piper Sandler

Varonis Systems (NASDAQ:VRNS)‘s stock had its “neutral” rating reiterated by analysts at Piper Sandler in a research report issued on Friday, Benzinga reports. They presently have a $49.75 price target on the technology company’s stock, down from their prior price target of $58.00. Piper Sandler’s price objective indicates a potential upside of 2.15% from the company’s current price.

Other research analysts have also issued reports about the stock. Stephens upgraded shares of Varonis Systems from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $33.00 to $45.00 in a report on Wednesday, June 24th. Citigroup increased their price target on shares of Varonis Systems from $30.00 to $45.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. lifted their price target on shares of Varonis Systems from $39.00 to $55.00 and gave the company an “overweight” rating in a report on Monday, July 27th. Barclays lowered their price objective on shares of Varonis Systems from $52.00 to $50.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Finally, TD Cowen reiterated a “hold” rating and issued a $49.75 target price (down from $56.00) on shares of Varonis Systems in a report on Friday. Nine analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Varonis Systems presently has an average rating of “Hold” and an average price target of $50.45.

Varonis Systems Trading Up 2.9%

Shares of NASDAQ:VRNS traded up $1.36 during midday trading on Friday, reaching $48.70. The company’s stock had a trading volume of 26,822,827 shares, compared to its average volume of 2,535,241. The firm has a market cap of $5.59 billion, a price-to-earnings ratio of -39.60 and a beta of 0.77. The business has a 50 day moving average price of $45.71 and a 200 day moving average price of $37.89. Varonis Systems has a 1 year low of $19.70 and a 1 year high of $63.80. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.02.

Varonis Systems (NASDAQ:VRNS) last released its earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $176.83 million. During the same period in the prior year, the business posted $0.03 earnings per share. The firm’s revenue for the quarter 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. Research analysts forecast that Varonis Systems will post -0.95 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VRNS. Corient Private Wealth LLC increased its position in Varonis Systems by 4.8% during the fourth quarter. Corient Private Wealth LLC now owns 12,717 shares of the technology company’s stock worth $417,000 after buying an additional 585 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Varonis Systems by 161.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,360 shares of the technology company’s stock worth $29,000 after acquiring an additional 839 shares in the last quarter. Assetmark Inc. boosted its stake in shares of Varonis Systems by 21.0% during the 1st quarter. Assetmark Inc. now owns 4,848 shares of the technology company’s stock worth $104,000 after acquiring an additional 841 shares in the last quarter. Essential Partners LLC increased its holdings in shares of Varonis Systems by 72.5% during the 1st quarter. Essential Partners LLC now owns 2,054 shares of the technology company’s stock valued at $44,000 after acquiring an additional 863 shares during the last quarter. Finally, Versant Capital Management Inc increased its holdings in shares of Varonis Systems by 27.3% during the 2nd quarter. Versant Capital Management Inc now owns 4,232 shares of the technology company’s stock valued at $178,000 after acquiring an additional 907 shares during the last quarter. 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: Proofpoint, a Thoma Bravo portfolio company, agreed to acquire Varonis for $49.75 per share in cash. The transaction provides shareholders with a defined cash exit and pushed the stock close to the offer price. Proofpoint to Acquire Varonis in a $6.3 Billion Transaction
• Positive Sentiment: Options activity was unusually strong, with investors purchasing 7,193 Varonis call options—about 186% above average call volume—indicating elevated bullish speculation or hedging related to the acquisition.

About Varonis Systems

Varonis Systems, Inc develops data security and cyber-risk management software for organizations seeking to protect sensitive information from unauthorized access, misuse, and cyberattacks. Its platform helps customers discover and classify data, analyze access permissions, identify unusual activity, and remediate security exposures across on-premises and cloud-based environments.

The company’s offerings are designed to secure data stored in file systems, collaboration platforms, databases, email, and other enterprise repositories.