Varonis Systems (NASDAQ:VRNS) Price Target Raised to $49.75

Varonis Systems (NASDAQ:VRNS) had its price target upped by Wedbush from $46.00 to $49.75 in a research report report published on Friday,Benzinga reports. Wedbush currently has a neutral rating on the technology company’s stock.

A number of other equities analysts also recently commented on VRNS. Royal Bank Of Canada downgraded Varonis Systems from an “outperform” rating to a “neutral” rating in a report on Friday. Citigroup raised their price target on Varonis Systems from $30.00 to $45.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Cantor Fitzgerald reiterated an “overweight” rating on shares of Varonis Systems in a report on Tuesday, September 8th. Needham & Company LLC cut shares of Varonis Systems from a “buy” rating to a “hold” rating in a report on Friday. Finally, Stephens raised shares of Varonis Systems from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $33.00 to $45.00 in a research report on Wednesday, June 24th. Six equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Varonis Systems has an average rating of “Hold” and an average price target of $50.94.

Varonis Systems Price Performance

Shares of NASDAQ:VRNS opened at $48.72 on Friday. Varonis Systems has a 1 year low of $19.70 and a 1 year high of $63.80. The company has a market cap of $5.60 billion, a PE ratio of -39.61 and a beta of 0.77. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.65 and a quick ratio of 1.65. The stock’s 50-day moving average is $45.81 and its 200 day moving average is $38.08.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings data 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 business had revenue of $180.02 million during the quarter, compared to analysts’ expectations of $176.83 million. During the same quarter last year, the business posted $0.03 EPS. The business’s revenue was up 18.3% on a year-over-year basis. 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. Sell-side analysts anticipate that Varonis Systems will post -0.95 EPS for the current year.

Institutional Investors Weigh In On Varonis Systems

Several hedge funds have recently bought and sold shares of VRNS. American Capital Management Inc. purchased a new stake in Varonis Systems in the second quarter worth about $94,062,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Varonis Systems during the second quarter valued at approximately $61,262,000. Senvest Management LLC lifted its holdings in shares of Varonis Systems by 406.1% during the first quarter. Senvest Management LLC now owns 1,448,943 shares of the technology company’s stock valued at $31,109,000 after purchasing an additional 1,162,651 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Varonis Systems by 218.4% in 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. Finally, Pictet Asset Management Holding SA boosted its position in shares of Varonis Systems by 43.4% in the 1st quarter. Pictet Asset Management Holding SA now owns 3,123,056 shares of the technology company’s stock worth $67,029,000 after purchasing an additional 944,676 shares in the last quarter. Institutional investors own 95.65% of the company’s stock.

Key Headlines Impacting Varonis Systems

Here are the key news stories impacting Varonis Systems this week:

• Positive Sentiment: The proposed acquisition removes much of the company-specific uncertainty and offers shareholders a cash consideration above Varonis’s pre-deal trading level. RBC said the combination makes strategic sense as competition in cybersecurity intensifies. RBC on Varonis Acquisition
• Neutral Sentiment: Analyst actions largely reflect the announced transaction. Citigroup, Robert W. Baird and Wedbush raised their targets to approximately $49.75-$50, while Piper Sandler, TD Cowen, Jefferies, Wells Fargo, DA Davidson and Rosenblatt reaffirmed neutral, hold or equal-weight ratings with targets near $49.75. These targets imply limited additional upside because they are close to the offer price.
• Neutral Sentiment: Unusually heavy options activity included purchases of 7,193 call contracts, about 186% above average call volume, suggesting elevated speculative interest following the deal announcement. However, options activity does not guarantee further gains.
• Negative Sentiment: RBC downgraded Varonis to Sector Perform and lowered its target to $49.75 from $52, citing the Proofpoint transaction. With the stock near the cash offer, the remaining upside is limited and depends primarily on deal completion rather than operating performance.
• Negative Sentiment: Several shareholder-rights law firms announced investigations into whether the $49.75 offer fairly values Varonis and whether the board adequately protected investors. Such reviews could create transaction uncertainty, although they do not necessarily indicate that the deal will fail. Ademi Varonis Shareholder Alert

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.