Cantor Fitzgerald Cuts Varonis Systems (NASDAQ:VRNS) Price Target to $35.00

Varonis Systems (NASDAQ:VRNS) had its target price trimmed by Cantor Fitzgerald from $50.00 to $35.00 in a research report report published on Wednesday morning, Marketbeat.com reports. The firm currently has an overweight rating on the technology company’s stock.

Several other analysts have also issued reports on VRNS. Susquehanna reduced their price target on shares of Varonis Systems from $65.00 to $50.00 and set a “positive” rating on the stock in a research report on Wednesday, October 29th. JPMorgan Chase & Co. reduced their target price on Varonis Systems from $62.00 to $50.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Varonis Systems in a research note on Wednesday, January 21st. Stephens assumed coverage on Varonis Systems in a report on Tuesday, December 30th. They set an “equal weight” rating and a $40.00 price target for the company. Finally, TD Cowen raised their price objective on Varonis Systems from $62.00 to $68.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Seventeen analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Varonis Systems presently has a consensus rating of “Moderate Buy” and an average target price of $45.24.

Varonis Systems Stock Up 2.0%

Shares of NASDAQ VRNS opened at $22.65 on Wednesday. The stock has a market capitalization of $2.66 billion, a P/E ratio of -19.87 and a beta of 0.58. The stock’s fifty day moving average is $32.41 and its 200 day moving average is $45.25. Varonis Systems has a 52 week low of $20.06 and a 52 week high of $63.90. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.81 and a current ratio of 1.97.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings data on Tuesday, February 3rd. The technology company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.05. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. The business had revenue of $173.37 million during the quarter, compared to analysts’ expectations of $168.66 million. During the same quarter in the prior year, the business posted $0.18 earnings per share. Varonis Systems’s revenue was up 9.4% compared to the same quarter last year. Varonis Systems has set its FY 2026 guidance at 0.060-0.100 EPS and its Q1 2026 guidance at -0.060–0.050 EPS. Sell-side analysts forecast that Varonis Systems will post -0.83 earnings per share for the current fiscal year.

Institutional Trading of Varonis Systems

A number of institutional investors and hedge funds have recently bought and sold shares of VRNS. Norges Bank bought a new stake in shares of Varonis Systems during the 2nd quarter valued at about $65,161,000. Pictet Asset Management Holding SA lifted its stake in Varonis Systems by 99.1% in the fourth quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock valued at $71,480,000 after buying an additional 1,084,267 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its holdings in shares of Varonis Systems by 166.7% during the 3rd 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 in the last quarter. Vanguard Group Inc. grew its position in shares of Varonis Systems by 6.5% during the 4th quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock worth $440,119,000 after buying an additional 822,925 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its stake in shares of Varonis Systems by 319.8% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 971,544 shares of the technology company’s stock valued at $48,606,000 after acquiring an additional 740,114 shares in the last quarter. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Key Varonis Systems News

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

• Positive Sentiment: DA Davidson upgraded Varonis from “neutral” to “buy” and raised its price target to $30, giving the stock an analyst-backed boost. DA Davidson upgrade
• Positive Sentiment: An industry-themed note says Varonis aligns with Nasdaq‑100 cybersecurity themes, which can attract thematic/ETF flows and investor interest in security software names. Varonis aligns with Nasdaq‑100 cybersecurity themes
• Neutral Sentiment: Market activity shows unusually large options volume for VRNS, which often signals short‑term speculation or hedging that can increase intraday volatility but not necessarily change fundamentals. Unusually large options volume
• Neutral Sentiment: Some outlets report new analyst targets around the mid‑$30s (e.g., $34.20 reported), showing mixed analyst views after recent results. These disparate targets can produce short-term trading moves as investors digest the consensus. Analyst price target reporting
• Negative Sentiment: Multiple law firms have filed or are soliciting clients for a securities class action against Varonis (alleging misleading statements about its SaaS transition). Widespread plaintiff‑firm notices and a filed class action increase legal risk, potential costs, and investor uncertainty. Bronstein Gewirtz Grossman class action
• Negative Sentiment: Several sell‑side firms cut price targets (Cantor Fitzgerald, JPMorgan, Truist, Wedbush, Citi and others lowered targets in recent notes), signaling reduced near‑term optimism about growth/transition dynamics and likely applying downward pressure on the stock. Analyst price target cuts roundup
• Negative Sentiment: Coverage of the post‑earnings selloff highlights that, while Varonis beat the quarter, aspects of the report (and guidance/discussion around the SaaS transition) worried investors and contributed to a sharp drawdown. That earnings reaction remains a key driver of current sentiment. Post‑earnings selloff analysis

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.