Varonis Systems, Inc. (VRNS) – What Are Researchers Saying About This Stock?

Shares of Varonis Systems, Inc. (NASDAQ:VRNS) have earned an average recommendation of “Hold” from the twenty-six brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, nineteen have given a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $50.89.

A number of analysts have recently commented on the company. Robert W. Baird boosted their price target on Varonis Systems from $45.00 to $50.00 and gave the stock a “neutral” rating in a research report on Friday. Jefferies Financial Group lowered Varonis Systems from a “buy” rating to a “hold” rating and reduced their price objective for the company from $60.00 to $49.75 in a research report on Friday. JPMorgan Chase & Co. raised 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. Barclays reiterated an “equal weight” rating and set a $50.00 price objective on shares of Varonis Systems in a research note on Monday. Finally, Needham & Company LLC downgraded Varonis Systems from a “buy” rating to a “hold” rating in a report on Friday.

Varonis Systems Stock Down 0.0%

NASDAQ VRNS opened at $48.70 on Tuesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.65 and a current ratio of 1.65. Varonis Systems has a twelve month low of $19.70 and a twelve month high of $63.80. The stock’s 50 day moving average is $45.94 and its 200 day moving average is $38.27.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.03. Varonis Systems had a negative net margin of 20.55% and a negative return on equity of 19.18%. The company had revenue of $180.02 million during the quarter, compared to analyst estimates of $176.83 million. During the same period last year, the business earned $0.03 EPS. Varonis Systems’s quarterly revenue was up 18.3% compared to the same quarter last year. 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. On average, equities analysts predict that Varonis Systems will post -0.95 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Varonis Systems

Several institutional investors and hedge funds have recently modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Varonis Systems in the 2nd quarter worth about $55,000. EverSource Wealth Advisors LLC increased its stake in 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 purchasing an additional 839 shares in the last quarter. Harbor Investment Advisory LLC bought a new stake in Varonis Systems during the 2nd quarter valued at about $71,000. Fifth Third Bancorp increased its stake in Varonis Systems by 10,694.1% during the 1st quarter. Fifth Third Bancorp now owns 1,835 shares of the technology company’s stock valued at $39,000 after purchasing an additional 1,818 shares in the last quarter. Finally, Essential Partners LLC raised its holdings 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 buying an additional 863 shares during the last quarter. 95.65% of the stock is currently owned by institutional investors.

About Varonis Systems

Varonis Systems, Inc develops data security software that helps organizations protect sensitive information, identify security risks and manage access to data. Its platform is designed to secure data stored across on-premises file systems, cloud environments, software-as-a-service applications and other enterprise repositories.

The company’s products support data discovery and classification, access analysis, threat detection, insider-risk monitoring, data loss prevention and security automation.