Varonis Systems, Inc. (NASDAQ:VRNS) Receives $42.15 Consensus PT from Brokerages

Varonis Systems, Inc. (NASDAQ:VRNS) has received a consensus recommendation of “Moderate Buy” from the twenty-four analysts that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, sixteen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $42.15.

Several equities analysts recently commented on the stock. UBS Group upped their price target on shares of Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Stephens raised Varonis Systems from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $33.00 to $45.00 in a research note on Wednesday, June 24th. Rosenblatt Securities began coverage on Varonis Systems in a report on Tuesday, May 12th. They issued a “buy” rating and a $40.00 price target on the stock. KeyCorp started coverage on Varonis Systems in a research note on Tuesday, May 26th. They set a “sector weight” rating for the company. Finally, Needham & Company LLC upped their price objective on Varonis Systems from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd.

Varonis Systems Price Performance

NASDAQ:VRNS opened at $45.84 on Friday. The firm has a market capitalization of $5.26 billion, a price-to-earnings ratio of -40.21 and a beta of 0.83. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.69 and a quick ratio of 1.69. The business has a 50 day simple moving average of $33.07 and a 200-day simple moving average of $29.22. Varonis Systems has a 1 year low of $19.70 and a 1 year high of $63.90.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.11. The company had revenue of $173.13 million for the quarter, compared to analyst estimates of $165.52 million. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The business’s revenue was up 26.9% compared to the same quarter last year. Varonis Systems has set its FY 2026 guidance at 0.110-0.120 EPS and its Q2 2026 guidance at 0.000-0.010 EPS. Equities analysts forecast that Varonis Systems will post -1.04 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Allworth Financial LP boosted its holdings in shares of Varonis Systems by 201.3% in the third quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock valued at $40,000 after purchasing an additional 463 shares during the period. Neo Ivy Capital Management purchased a new position in Varonis Systems during the 3rd quarter worth $42,000. Signaturefd LLC raised its position in Varonis Systems by 47.8% during the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after purchasing an additional 322 shares in the last quarter. CI Investments Inc. lifted its holdings in shares of Varonis Systems by 48.5% in the 3rd quarter. CI Investments Inc. now owns 1,050 shares of the technology company’s stock worth $60,000 after buying an additional 343 shares during the period. Finally, Empowered Funds LLC purchased a new stake in shares of Varonis Systems in the 4th quarter worth $37,000. Hedge funds and other institutional investors own 95.65% of the company’s stock.

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.