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

Varonis Systems, Inc. (NASDAQ:VRNS) has been given a consensus recommendation of “Moderate Buy” by the twenty-four research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $49.0526.

Several brokerages have recently weighed in on VRNS. Barclays reduced their price target on Varonis Systems from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Wedbush restated an “outperform” rating and set a $37.00 price objective on shares of Varonis Systems in a report on Wednesday, June 24th. JPMorgan Chase & Co. upped their price objective on Varonis Systems from $39.00 to $55.00 and gave the company an “overweight” rating in a research report on Monday, July 27th. Rosenblatt Securities reiterated a “buy” rating and issued a $55.00 target price on shares of Varonis Systems in a research note on Wednesday, July 29th. Finally, DA Davidson lifted their target price on Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th.

Varonis Systems Trading Up 3.1%

Shares of VRNS opened at $41.18 on Thursday. The company’s fifty day simple moving average is $39.40 and its 200-day simple moving average is $30.71. The company has a market cap of $4.73 billion, a P/E ratio of -33.48 and a beta of 0.83. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.02. Varonis Systems has a twelve month low of $19.70 and a twelve month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.04 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. The firm had revenue of $180.02 million during the quarter, compared to analysts’ expectations of $176.83 million. Varonis Systems had a negative net margin of 20.55% and a negative return on equity of 19.18%. The firm’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.03 EPS. 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 expect that Varonis Systems will post -0.97 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VRNS. Signaturefd LLC boosted its position in shares of Varonis Systems by 47.8% during the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after acquiring an additional 322 shares during the last quarter. Benjamin Edwards Inc. increased its position in Varonis Systems by 5.5% during the second quarter. Benjamin Edwards Inc. now owns 6,692 shares of the technology company’s stock worth $340,000 after purchasing an additional 351 shares during the last quarter. Amundi increased its position in Varonis Systems by 0.7% during the third quarter. Amundi now owns 52,886 shares of the technology company’s stock worth $3,212,000 after purchasing an additional 387 shares during the last quarter. Osaic Holdings Inc. raised its stake in Varonis Systems by 10.5% during the second quarter. Osaic Holdings Inc. now owns 4,647 shares of the technology company’s stock worth $234,000 after purchasing an additional 440 shares during the period. Finally, Allworth Financial LP raised 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. Hedge funds and other 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.