Varonis Systems, Inc. (NASDAQ:VRNS) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Varonis Systems, Inc. (NASDAQ:VRNS) have earned an average rating of “Moderate Buy” from the twenty-three ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, fifteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $41.35.

Several equities research analysts recently weighed in on VRNS shares. UBS Group upped their price target on Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Citigroup upped their price target on Varonis Systems from $28.00 to $30.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Wells Fargo & Company upped their price target on Varonis Systems from $28.00 to $35.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th. Susquehanna upped their price target on Varonis Systems from $30.00 to $36.00 and gave the stock a “positive” rating in a research note on Wednesday, April 29th. Finally, William Blair reissued a “market perform” rating on shares of Varonis Systems in a research note on Monday, March 23rd.

Institutional Investors Weigh In On Varonis Systems

A number of institutional investors have recently modified their holdings of the stock. Hodges Capital Management Inc. boosted its position in shares of Varonis Systems by 146.3% during the third quarter. Hodges Capital Management Inc. now owns 126,450 shares of the technology company’s stock valued at $7,267,000 after buying an additional 75,120 shares during the last quarter. Readystate Asset Management LP purchased a new stake in shares of Varonis Systems during the third quarter valued at $13,731,000. Vanguard Group Inc. boosted its position in shares of Varonis Systems by 6.5% during the fourth quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock valued at $440,119,000 after buying an additional 822,925 shares during the last quarter. AustralianSuper Pty Ltd boosted its position in shares of Varonis Systems by 29.6% during the third quarter. AustralianSuper Pty Ltd now owns 602,379 shares of the technology company’s stock valued at $34,619,000 after buying an additional 137,713 shares during the last quarter. Finally, Ion Asset Management Ltd. purchased a new stake in shares of Varonis Systems during the third quarter valued at $5,172,000. 95.65% of the stock is owned by hedge funds and other institutional investors.

Varonis Systems Price Performance

Shares of VRNS stock opened at $31.10 on Friday. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of -27.28 and a beta of 0.80. The business’s fifty day moving average is $24.61 and its 200 day moving average is $28.63. Varonis Systems has a twelve month low of $19.70 and a twelve month high of $63.90. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.11. The company had revenue of $173.13 million for the quarter, compared to analysts’ expectations of $165.52 million. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The firm’s revenue was up 26.9% on a year-over-year basis. 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. Research analysts expect that Varonis Systems will post -1.05 EPS for the current fiscal 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.