Varonis Systems (NASDAQ:VRNS) Given Equal Weight Rating at Wells Fargo & Company

Varonis Systems (NASDAQ:VRNS)‘s stock had its “equal weight” rating restated by investment analysts at Wells Fargo & Company in a research report issued to clients and investors on Friday, Benzinga reports. They presently have a $49.75 price objective on the technology company’s stock, down from their prior price objective of $53.00. Wells Fargo & Company‘s price target suggests a potential upside of 5.09% from the stock’s current price.

Other analysts have also recently issued research reports about the company. B. Riley Financial raised their price objective on Varonis Systems from $45.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. TD Cowen increased their price objective on shares of Varonis Systems from $53.00 to $56.00 and gave the company a “buy” rating in a research report on Tuesday. Piper Sandler boosted their target price on shares of Varonis Systems from $47.00 to $58.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Citigroup raised their target price on Varonis Systems from $30.00 to $45.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. Finally, Barclays cut their price objective on Varonis Systems from $52.00 to $50.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $51.25.

Varonis Systems Trading Up 0.6%

VRNS stock opened at $47.34 on Friday. Varonis Systems has a 12 month low of $19.70 and a 12 month high of $63.80. The firm’s 50-day moving average is $45.71 and its 200 day moving average is $37.89. The company has a market capitalization of $5.44 billion, a PE ratio of -38.49 and a beta of 0.77. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.65 and a quick ratio of 1.65.

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

Institutional Investors Weigh In On Varonis Systems

Institutional investors have recently bought and sold shares of the company. American Capital Management Inc. purchased a new stake in Varonis Systems during the 2nd quarter worth approximately $94,062,000. Pictet Asset Management Holding SA boosted its stake in shares of Varonis Systems by 43.4% in the first quarter. Pictet Asset Management Holding SA now owns 3,123,056 shares of the technology company’s stock worth $67,029,000 after acquiring an additional 944,676 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Varonis Systems in the second quarter worth approximately $61,262,000. Stephens Investment Management Group LLC increased its position in shares of Varonis Systems by 17.9% during the first quarter. Stephens Investment Management Group LLC now owns 1,992,760 shares of the technology company’s stock worth $42,785,000 after purchasing an additional 302,411 shares in the last quarter. Finally, Senvest Management LLC increased its position in shares of Varonis Systems by 406.1% during the first quarter. Senvest Management LLC now owns 1,448,943 shares of the technology company’s stock worth $31,109,000 after purchasing an additional 1,162,651 shares in the last quarter. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Varonis Systems News Summary

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

• Positive Sentiment: Proofpoint will pay $49.75 per Varonis share in cash, giving investors a clear takeover valuation and reducing exposure to the company’s standalone operating risks. The announcement drove buying interest in VRNS. Proofpoint to Acquire Varonis in a $6.3 Billion Transaction
• Positive Sentiment: The transaction represents a substantial premium to Varonis’s unaffected trading price and could provide shareholders with near-term value realization, subject to customary closing conditions and approvals. Varonis stock climbs on $6.3 billion Proofpoint deal
• Neutral Sentiment: Before the acquisition announcement, Wells Fargo raised its Varonis price target from $48 to $53 and maintained an “overweight” rating, indicating analysts saw additional value in the business. However, the agreed cash consideration is now the primary reference point for the stock. Wells Fargo raises Varonis price target
• Negative Sentiment: Ademi LLP and Halper Sadeh LLP announced investigations into whether the $49.75-per-share offer fairly values Varonis, whether directors adequately protected shareholders, and whether insiders received preferential benefits. These reviews could create deal-related uncertainty or delay completion, although such announcements do not necessarily indicate that the transaction will be blocked. Ademi LLP investigates Varonis buyout

About Varonis Systems

Varonis Systems, Inc develops data security and cyber-risk management software for organizations seeking to protect sensitive information from unauthorized access, misuse, and cyberattacks. Its platform helps customers discover and classify data, analyze access permissions, identify unusual activity, and remediate security exposures across on-premises and cloud-based environments.

The company’s offerings are designed to secure data stored in file systems, collaboration platforms, databases, email, and other enterprise repositories.