Varonis Systems, Inc. (NASDAQ:VRNS) Receives $41.35 Consensus Target Price from Brokerages

Varonis Systems, Inc. (NASDAQ:VRNS) has received a consensus rating of “Moderate Buy” from the twenty-four analysts that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, fifteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $41.35.

VRNS has been the subject of several recent research reports. KeyCorp initiated coverage on shares of Varonis Systems in a research report on Tuesday, May 26th. They issued a “sector weight” rating for the company. UBS Group boosted their target price on shares of Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Wedbush boosted their target price on shares of Varonis Systems from $35.00 to $37.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada boosted their target price on shares of Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Finally, Citigroup boosted their target price on shares of Varonis Systems from $28.00 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th.

Institutional Trading of Varonis Systems

Large investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its position in Varonis Systems by 161.0% in the first quarter. EverSource Wealth Advisors LLC now owns 1,360 shares of the technology company’s stock worth $29,000 after acquiring an additional 839 shares in the last quarter. Signaturefd LLC grew its position in Varonis Systems by 47.8% in the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after acquiring an additional 322 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Varonis Systems in the fourth quarter worth $37,000. Fifth Third Bancorp lifted its stake in shares of Varonis Systems by 10,694.1% in the first quarter. Fifth Third Bancorp now owns 1,835 shares of the technology company’s stock worth $39,000 after buying an additional 1,818 shares during the last quarter. Finally, Allworth Financial LP lifted its stake in shares of Varonis Systems by 201.3% in the third quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock worth $40,000 after buying an additional 463 shares during the last quarter. 95.65% of the stock is owned by institutional investors.

Varonis Systems Stock Performance

Shares of VRNS opened at $33.34 on Wednesday. The company’s 50 day moving average price is $27.90 and its 200 day moving average price is $28.52. Varonis Systems has a 52 week low of $19.70 and a 52 week high of $63.90. The company has a market capitalization of $3.83 billion, a PE ratio of -29.25 and a beta of 0.89. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.69 and a current ratio of 1.69.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.11. The firm had revenue of $173.13 million for the quarter, compared to the consensus estimate of $165.52 million. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. Varonis Systems’s revenue was up 26.9% compared to the same quarter last year. 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. Research analysts expect that Varonis Systems will post -1.04 EPS for the current fiscal year.

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.