Varonis Systems, Inc. (NASDAQ:VRNS) Receives $59.79 Consensus Target Price from Analysts

Varonis Systems, Inc. (NASDAQ:VRNS) has been given an average recommendation of “Moderate Buy” by the twenty-two ratings firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $59.7895.

VRNS has been the topic of several research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Varonis Systems in a research note on Wednesday, October 8th. DA Davidson dropped their price target on shares of Varonis Systems from $55.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 29th. Royal Bank Of Canada cut their price objective on Varonis Systems from $72.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, October 29th. Needham & Company LLC lowered their target price on Varonis Systems from $70.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, October 29th. Finally, Morgan Stanley raised their price target on Varonis Systems from $59.00 to $66.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd.

Institutional Trading of Varonis Systems

A number of institutional investors have recently added to or reduced their stakes in VRNS. Norges Bank acquired a new stake in shares of Varonis Systems in the 2nd quarter valued at $65,161,000. Voya Investment Management LLC raised its holdings in Varonis Systems by 98.6% during the first quarter. Voya Investment Management LLC now owns 2,321,317 shares of the technology company’s stock valued at $93,897,000 after buying an additional 1,152,687 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Varonis Systems by 166.7% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,360,000 shares of the technology company’s stock worth $78,159,000 after buying an additional 850,000 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Varonis Systems by 26.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,084,830 shares of the technology company’s stock worth $165,231,000 after acquiring an additional 848,408 shares in the last quarter. Finally, RGM Capital LLC boosted its stake in shares of Varonis Systems by 45.5% during the 1st quarter. RGM Capital LLC now owns 2,706,531 shares of the technology company’s stock worth $109,479,000 after acquiring an additional 846,475 shares in the last quarter. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Varonis Systems Stock Performance

Shares of VRNS opened at $33.42 on Wednesday. The company has a 50-day moving average of $40.00 and a two-hundred day moving average of $49.62. The stock has a market cap of $3.94 billion, a price-to-earnings ratio of -32.76 and a beta of 0.64. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.81 and a quick ratio of 1.81. Varonis Systems has a one year low of $30.02 and a one year high of $63.90.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.06. Varonis Systems had a negative net margin of 18.82% and a negative return on equity of 21.91%. The business had revenue of $161.58 million for the quarter, compared to analyst estimates of $166.47 million. During the same quarter in the previous year, the business earned $0.10 earnings per share. The firm’s revenue was up 9.1% compared to the same quarter last year. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS. On average, equities research analysts expect that Varonis Systems will post -0.83 earnings per share for the current year.

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.