Varonis Systems (NASDAQ:VRNS) Given New $33.00 Price Target at Stephens

Varonis Systems (NASDAQ:VRNS) had its target price lifted by Stephens from $30.00 to $33.00 in a research note released on Wednesday morning,Benzinga reports. They currently have an equal weight rating on the technology company’s stock.

VRNS has been the topic of several other research reports. Piper Sandler raised shares of Varonis Systems from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $45.00 to $47.00 in a research report on Monday, January 5th. Citigroup lowered their price target on shares of Varonis Systems from $37.00 to $28.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Truist Financial lowered their price target on shares of Varonis Systems from $42.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. William Blair reissued a “market perform” rating on shares of Varonis Systems in a research report on Monday, March 23rd. Finally, Wells Fargo & Company assumed coverage on shares of Varonis Systems in a research report on Tuesday, March 3rd. They set an “overweight” rating and a $28.00 price target on the stock. Fifteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $41.32.

Varonis Systems Trading Up 7.3%

Shares of VRNS stock opened at $27.29 on Wednesday. The company’s 50-day moving average price is $23.35 and its 200-day moving average price is $31.51. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.76. The stock has a market cap of $3.13 billion, a price-to-earnings ratio of -23.94 and a beta of 0.68. Varonis Systems has a twelve month low of $19.70 and a twelve month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last announced 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 firm had revenue of $173.13 million for the quarter, compared to analysts’ expectations of $165.52 million. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. The company’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. As a group, equities analysts predict that Varonis Systems will post -0.99 earnings per share for the current year.

Insider Buying and Selling at Varonis Systems

In related news, Director Avrohom J. Kess bought 17,800 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were bought at an average price of $22.29 per share, with a total value of $396,762.00. Following the completion of the transaction, the director directly owned 49,403 shares of the company’s stock, valued at $1,101,192.87. This represents a 56.32% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP David Bass bought 2,980 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was bought at an average cost of $23.47 per share, for a total transaction of $69,940.60. Following the transaction, the executive vice president directly owned 1,042,924 shares of the company’s stock, valued at $24,477,426.28. The trade was a 0.29% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 25,780 shares of company stock valued at $579,403 over the last 90 days. 2.30% of the stock is owned by insiders.

Institutional Trading of Varonis Systems

Institutional investors and hedge funds have recently bought and sold shares of the business. Allworth Financial LP increased its stake in Varonis Systems by 201.3% during the third quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock worth $40,000 after purchasing an additional 463 shares during the period. Neo Ivy Capital Management purchased a new stake in Varonis Systems during the third quarter worth about $42,000. First Horizon Corp purchased a new stake in Varonis Systems during the third quarter worth about $45,000. Westside Investment Management Inc. increased its stake in Varonis Systems by 100.0% during the third quarter. Westside Investment Management Inc. now owns 844 shares of the technology company’s stock worth $49,000 after purchasing an additional 422 shares during the period. Finally, Signaturefd LLC increased its stake in Varonis Systems by 47.8% during the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after purchasing an additional 322 shares during the period. 95.65% of the stock is currently owned by hedge funds and other institutional investors.

Varonis Systems News Roundup

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

• Positive Sentiment: Q1 beat and upgraded guidance — Varonis reported $0.06 EPS (vs. loss expected), revenue of $173.1M (above estimates), raised FY 2026 EPS guidance to $0.110–0.120 and Q2 EPS to $0.000–0.010 — guidance beats consensus and is a key driver of the rally. Varonis Announces First Quarter 2026 Financial Results
• Positive Sentiment: Strong SaaS ARR acceleration — management highlighted total SaaS ARR growth (reported and guided ranges) and flagged $814M–$845M 2026 total SaaS ARR in commentary, supporting the subscription transition thesis and higher long-term revenue visibility. Varonis signals $814M-$845M 2026 total SaaS ARR
• Positive Sentiment: Analyst upgrades and price-target increases — a broad set of firms (JPMorgan, UBS, DA Davidson, RBC, Wedbush, Wells Fargo, Barclays, Needham, Susquehanna, others) raised targets/ratings after the quarter, adding buy-side momentum. These Analysts Increase Their Forecasts On Varonis Systems
• Positive Sentiment: New product / capability — Varonis launched Varonis Atlas (powered by AllTrue.ai acquisition), which management positions as enhancing product differentiation and AI-driven security offerings. Q1 Results & Product Launch
• Neutral Sentiment: Volume and technicals — trading volume is elevated versus average and the stock remains below its 200-day moving average, so momentum could be short-lived if follow-through fades. (No single news link.)
• Negative Sentiment: Shareholder litigation inquiry — Kuehn Law announced an investigation into whether Varonis officers/directors misled investors about customer conversion capability to SaaS, which introduces litigation risk and could temper sentiment. Kuehn Law Encourages Investors of Varonis Systems, Inc. to Contact Law Firm

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.