Varonis Systems (NASDAQ:VRNS) Stock Rating Upgraded by Stephens

Varonis Systems (NASDAQ:VRNS) was upgraded by research analysts at Stephens to a “hold” rating in a research note issued on Monday, MarketBeat reports.

Several other analysts have also issued reports on the stock. Wedbush restated an “outperform” rating and set a $65.00 target price on shares of Varonis Systems in a research report on Wednesday, September 3rd. Cantor Fitzgerald set a $60.00 price objective on shares of Varonis Systems and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Morgan Stanley raised their target price on Varonis Systems from $59.00 to $66.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Royal Bank Of Canada lowered their target price on Varonis Systems from $72.00 to $60.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 29th. Finally, Truist Financial restated a “buy” rating and issued a $50.00 price target (down previously from $70.00) on shares of Varonis Systems in a research report on Wednesday, October 29th. Sixteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $58.80.

Varonis Systems Stock Performance

Shares of VRNS opened at $33.10 on Monday. The firm has a market capitalization of $3.90 billion, a P/E ratio of -32.45 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. The business has a fifty day moving average of $36.13 and a 200 day moving average of $48.80.

Varonis Systems (NASDAQ:VRNS) last announced its earnings results on Tuesday, October 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The business had revenue of $161.58 million for the quarter, compared to analysts’ expectations of $166.47 million. Varonis Systems had a negative return on equity of 21.91% and a negative net margin of 18.82%.The business’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same period last year, the firm posted $0.10 earnings per share. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS. As a group, sell-side analysts anticipate that Varonis Systems will post -0.83 EPS for the current year.

Hedge Funds Weigh In On Varonis Systems

Several large investors have recently made changes to their positions in VRNS. Stephens Inc. AR grew its position in shares of Varonis Systems by 1.9% during the third quarter. Stephens Inc. AR now owns 9,105 shares of the technology company’s stock worth $523,000 after purchasing an additional 171 shares in the last quarter. Inspire Investing LLC boosted its stake in Varonis Systems by 2.9% in the 3rd quarter. Inspire Investing LLC now owns 7,878 shares of the technology company’s stock worth $453,000 after purchasing an additional 222 shares during the period. Quarry LP boosted its stake in Varonis Systems by 31.8% in the 1st quarter. Quarry LP now owns 1,082 shares of the technology company’s stock worth $44,000 after purchasing an additional 261 shares during the period. Arizona State Retirement System grew its holdings in Varonis Systems by 0.9% during the 3rd quarter. Arizona State Retirement System now owns 33,114 shares of the technology company’s stock valued at $1,903,000 after buying an additional 287 shares in the last quarter. Finally, Bessemer Group Inc. raised its position in shares of Varonis Systems by 179.1% during the second quarter. Bessemer Group Inc. now owns 494 shares of the technology company’s stock valued at $25,000 after buying an additional 317 shares during the last quarter. 95.65% of the stock is currently owned by hedge funds and other institutional investors.

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.