Morgan Stanley Reiterates “Equal Weight” Rating for Varonis Systems (NASDAQ:VRNS)

Varonis Systems (NASDAQ:VRNS)‘s stock had its “equal weight” rating reiterated by equities research analysts at Morgan Stanley in a research note issued on Monday,Benzinga reports. They presently have a $41.00 price target on the technology company’s stock, down from their previous price target of $44.00. Morgan Stanley’s target price would indicate a potential upside of 17.31% from the stock’s current price.

Several other research firms have also recently commented on VRNS. TD Cowen raised their target price on shares of Varonis Systems from $62.00 to $68.00 and gave the stock a “buy” rating in a research note on Friday, October 17th. Zacks Research raised shares of Varonis Systems from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 11th. Needham & Company LLC lowered their price objective on Varonis Systems from $70.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Stephens began coverage on Varonis Systems in a research report on Tuesday, December 30th. They set an “equal weight” rating and a $40.00 target price on the stock. Finally, Susquehanna reduced their price target on Varonis Systems from $65.00 to $50.00 and set a “positive” rating for the company in a report on Wednesday, October 29th. Fifteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $55.45.

Varonis Systems Price Performance

Shares of NASDAQ:VRNS opened at $34.95 on Monday. The company’s fifty day moving average price is $33.10 and its 200 day moving average price is $46.72. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.81 and a quick ratio of 1.81. Varonis Systems has a 12 month low of $30.02 and a 12 month high of $63.90. The firm has a market capitalization of $4.12 billion, a P/E ratio of -34.26 and a beta of 0.56.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. Varonis Systems had a negative net margin of 18.82% and a negative return on equity of 21.91%. The firm had revenue of $161.58 million during the quarter, compared to analysts’ expectations of $166.47 million. During the same quarter in the prior year, the business earned $0.10 EPS. Varonis Systems’s quarterly revenue was up 9.1% compared to the same quarter last year. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS. As a group, sell-side analysts predict that Varonis Systems will post -0.83 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Assenagon Asset Management S.A. acquired a new stake in shares of Varonis Systems during the 3rd quarter worth about $9,496,000. Yorktown Management & Research Co Inc acquired a new stake in Varonis Systems during the second quarter worth approximately $302,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Varonis Systems in the 2nd quarter worth approximately $418,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in Varonis Systems by 3.6% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 293,083 shares of the technology company’s stock valued at $14,874,000 after acquiring an additional 10,100 shares during the last quarter. Finally, Capital Fund Management S.A. lifted its stake in shares of Varonis Systems by 31.0% during the 2nd quarter. Capital Fund Management S.A. now owns 306,695 shares of the technology company’s stock worth $15,565,000 after purchasing an additional 72,657 shares during the period. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Varonis Systems Company Profile

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.