Varonis Systems (NASDAQ:VRNS) Price Target Raised to $56.00

Varonis Systems (NASDAQ:VRNS) had its target price raised by TD Cowen from $53.00 to $56.00 in a research report released on Tuesday morning,Benzinga reports. They currently have a buy rating on the technology company’s stock.

A number of other equities research analysts also recently commented on VRNS. UBS Group lifted their target price on Varonis Systems from $37.00 to $58.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Wells Fargo & Company upped their target price on Varonis Systems from $35.00 to $50.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. increased their price target on shares of Varonis Systems from $39.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, July 27th. Piper Sandler increased their price target on shares of Varonis Systems from $47.00 to $58.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Susquehanna raised their price target on shares of Varonis Systems from $36.00 to $55.00 and gave the stock a “positive” rating in a research report on Wednesday, July 29th. Sixteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $50.11.

Varonis Systems Stock Up 0.6%

NASDAQ VRNS opened at $47.34 on Tuesday. 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 stock’s fifty day moving average price is $45.71 and its 200 day moving average price is $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 issued its earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping 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 company had revenue of $180.02 million during the quarter, compared to analyst estimates of $176.83 million. During the same quarter last year, the business posted $0.03 EPS. The firm’s quarterly 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. As a group, analysts anticipate that Varonis Systems will post -0.95 EPS for the current fiscal year.

Hedge Funds Weigh In On Varonis Systems

A number of institutional investors have recently modified their holdings of VRNS. Corient Private Wealth LLC raised its position in shares of Varonis Systems by 4.8% in the fourth quarter. Corient Private Wealth LLC now owns 12,717 shares of the technology company’s stock worth $417,000 after acquiring an additional 585 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Varonis Systems by 161.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,360 shares of the technology company’s stock valued at $29,000 after buying an additional 839 shares during the period. Assetmark Inc. lifted its holdings in Varonis Systems by 21.0% in the first quarter. Assetmark Inc. now owns 4,848 shares of the technology company’s stock valued at $104,000 after acquiring an additional 841 shares during the last quarter. Essential Partners LLC grew its position in Varonis Systems by 72.5% in the first quarter. Essential Partners LLC now owns 2,054 shares of the technology company’s stock worth $44,000 after acquiring an additional 863 shares during the period. Finally, Versant Capital Management Inc grew its holdings in shares of Varonis Systems by 27.3% during the 2nd quarter. Versant Capital Management Inc now owns 4,232 shares of the technology company’s stock worth $178,000 after purchasing an additional 907 shares during the period. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Key Stories Impacting 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 clearly defined takeover value and explaining the stock’s move higher. The deal represents a significant strategic combination of Varonis’ data-security platform with Proofpoint’s human and agent cybersecurity offerings. Proofpoint to Acquire Varonis in a $6.3 Billion Transaction
• Positive Sentiment: News reports said Varonis stock climbed following the announcement, with trading likely anchored near the $49.75 cash consideration. The all-cash structure removes exposure to Proofpoint’s share-price volatility for Varonis shareholders. Varonis stock climbs on $6.3 billion Proofpoint deal
• Positive Sentiment: Before the acquisition announcement, Wells Fargo raised its Varonis price target from $48 to $53 and maintained an “overweight” rating, reflecting improving analyst sentiment toward the company’s growth prospects. The takeover offer now provides a more immediate valuation reference. Wells Fargo raises Varonis price target
• Neutral Sentiment: Varonis shareholders’ near-term return is primarily tied to the successful completion of the transaction rather than the company’s standalone earnings outlook. The previously reported quarter showed revenue growth and an EPS beat, but those factors are secondary while the acquisition is pending.
• Negative Sentiment: Investor-rights firm Halper Sadeh announced an investigation into whether Varonis and its board obtained a fair price and followed proper procedures. Such reviews can create deal uncertainty or encourage demands for improved terms, although no wrongdoing has been established. Halper Sadeh investigation

Varonis Systems Company Profile

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.