Varonis Systems (NASDAQ:VRNS) Price Target Lowered to $45.00 at Barclays

Varonis Systems (NASDAQ:VRNS) had its price objective decreased by equities researchers at Barclays from $50.00 to $45.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “overweight” rating on the technology company’s stock. Barclays‘s price target suggests a potential upside of 35.46% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. Citigroup cut their price target on Varonis Systems from $58.00 to $40.00 and set a “neutral” rating on the stock in a report on Monday, November 3rd. Stephens initiated coverage on Varonis Systems in a research note on Tuesday, December 30th. They issued an “equal weight” rating and a $40.00 price target for the company. JPMorgan Chase & Co. lifted their price objective on shares of Varonis Systems from $70.00 to $79.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Zacks Research raised shares of Varonis Systems from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 11th. Finally, Truist Financial reiterated a “buy” rating and issued a $50.00 price target (down from $70.00) on shares of Varonis Systems in a research report on Wednesday, October 29th. Seventeen equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $56.70.

Varonis Systems Trading Up 3.7%

Shares of NASDAQ VRNS traded up $1.18 during midday trading on Monday, reaching $33.22. 283,865 shares of the stock were exchanged, compared to its average volume of 804,063. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $3.92 billion, a P/E ratio of -32.62 and a beta of 0.56. The stock has a 50 day moving average price of $34.37 and a 200-day moving average price of $48.44. Varonis Systems has a 52-week low of $30.02 and a 52-week high of $63.90.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06. The firm had revenue of $161.58 million for the quarter, compared to analyst estimates of $166.47 million. Varonis Systems had a negative net margin of 18.82% and a negative return on equity of 21.91%. Varonis Systems’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.10 earnings per share. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS. Equities research analysts expect that Varonis Systems will post -0.83 earnings per share for the current fiscal year.

Institutional Trading of Varonis Systems

Large investors have recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Varonis Systems in the 2nd quarter valued at approximately $65,161,000. Voya Investment Management LLC increased its position in shares of Varonis Systems by 98.6% during the first quarter. Voya Investment Management LLC now owns 2,321,317 shares of the technology company’s stock worth $93,897,000 after acquiring an additional 1,152,687 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its stake in Varonis Systems by 166.7% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,360,000 shares of the technology company’s stock valued at $78,159,000 after buying an additional 850,000 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Varonis Systems by 26.2% in the first quarter. Goldman Sachs Group Inc. now owns 4,084,830 shares of the technology company’s stock valued at $165,231,000 after buying an additional 848,408 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its holdings in Varonis Systems by 319.8% during 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 buying an additional 740,114 shares in the last quarter. 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.