Varonis Systems (NASDAQ:VRNS) Stock Gets Price Target Bump from Wedbush

Varonis Systems (NASDAQ:VRNS) had its price target lifted by equities researchers at Wedbush from $46.00 to $49.75 in a note issued to investors on Friday, Benzinga reports. The firm currently has a “neutral” rating on the technology company’s stock. Wedbush’s price target would indicate a potential upside of 5.09% from the company’s previous close.

Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. upped their price objective on shares of Varonis Systems from $39.00 to $55.00 and gave the stock an “overweight” rating in a research report on Monday, July 27th. Stephens raised shares of Varonis Systems from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $33.00 to $45.00 in a report on Wednesday, June 24th. Truist Financial lifted their target price on shares of Varonis Systems from $34.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. New Street Research reiterated a “buy” rating on shares of Varonis Systems in a research report on Wednesday, July 29th. Finally, Weiss Ratings cut shares of Varonis Systems from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, October 9th. Thirteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Varonis Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.75.

Varonis Systems Trading Up 0.6%

Shares of VRNS stock opened at $47.34 on Friday. 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 company has a market cap of $5.44 billion, a price-to-earnings ratio of -38.49 and a beta of 0.77. The stock has a 50 day simple moving average of $45.71 and a 200-day simple moving average of $37.89. Varonis Systems has a 1-year low of $19.70 and a 1-year high of $63.80.

Varonis Systems (NASDAQ:VRNS) last announced its earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $180.02 million for the quarter, compared to analyst estimates of $176.83 million. During the same quarter last year, the firm 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. On average, equities research analysts expect that Varonis Systems will post -0.95 EPS for the current fiscal year.

Institutional Trading of Varonis Systems

A number of institutional investors have recently made changes to their positions in VRNS. American Capital Management Inc. acquired a new position in Varonis Systems in the 2nd quarter valued at $94,062,000. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Varonis Systems during the 2nd quarter worth $61,262,000. Senvest Management LLC grew 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 worth $31,109,000 after buying an additional 1,162,651 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in shares of Varonis Systems by 218.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,409,487 shares of the technology company’s stock worth $30,262,000 after buying an additional 966,817 shares in the last quarter. Finally, Pictet Asset Management Holding SA grew its holdings in shares of Varonis Systems by 43.4% during the first quarter. Pictet Asset Management Holding SA now owns 3,123,056 shares of the technology company’s stock worth $67,029,000 after buying an additional 944,676 shares in the last quarter. 95.65% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Varonis Systems

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

• Positive Sentiment: Proofpoint will pay $49.75 per Varonis share in cash, giving investors a clear takeover valuation and reducing exposure to the company’s standalone operating risks. The announcement drove buying interest in VRNS. Proofpoint to Acquire Varonis in a $6.3 Billion Transaction
• Positive Sentiment: The transaction represents a substantial premium to Varonis’s unaffected trading price and could provide shareholders with near-term value realization, subject to customary closing conditions and approvals. Varonis stock climbs on $6.3 billion Proofpoint deal
• Neutral Sentiment: Before the acquisition announcement, Wells Fargo raised its Varonis price target from $48 to $53 and maintained an “overweight” rating, indicating analysts saw additional value in the business. However, the agreed cash consideration is now the primary reference point for the stock. Wells Fargo raises Varonis price target
• Negative Sentiment: Ademi LLP and Halper Sadeh LLP announced investigations into whether the $49.75-per-share offer fairly values Varonis, whether directors adequately protected shareholders, and whether insiders received preferential benefits. These reviews could create deal-related uncertainty or delay completion, although such announcements do not necessarily indicate that the transaction will be blocked. Ademi LLP investigates Varonis buyout

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.