Varonis Systems (NASDAQ:VRNS – Get Free Report) had its price target lowered by research analysts at Cantor Fitzgerald from $55.00 to $49.75 in a report issued on Wednesday, Benzinga reports. The firm currently has an “overweight” rating on the technology company’s stock. Cantor Fitzgerald‘s price target points to a potential upside of 1.61% from the stock’s current price.
Other research analysts have also recently issued reports about the stock. Jefferies Financial Group cut shares of Varonis Systems from a “buy” rating to a “hold” rating and decreased their price objective for the company from $60.00 to $49.75 in a research note on Friday, October 16th. Stephens cut Varonis Systems from an “overweight” rating to an “equal weight” rating in a report on Tuesday, October 27th. B. Riley Financial downgraded Varonis Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 16th. Rosenblatt Securities lowered shares of Varonis Systems from a “buy” rating to a “hold” rating and dropped their price objective for the company from $55.00 to $49.75 in a report on Friday, October 16th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Varonis Systems from $39.00 to $55.00 and gave the stock an “overweight” rating in a research report on Monday, July 27th. Five equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $50.64.
Read Our Latest Research Report on Varonis Systems
Varonis Systems Stock Performance
VRNS opened at $48.96 on Wednesday. Varonis Systems has a fifty-two week low of $19.70 and a fifty-two week high of $50.31. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.65 and a quick ratio of 1.65. The stock has a fifty day moving average of $47.22 and a 200-day moving average of $35.70.
Varonis Systems (NASDAQ:VRNS – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The technology company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.06. The firm had revenue of $189.46 million for the quarter, compared to analyst estimates of $186.74 million. Varonis Systems had a negative net margin of 20.55% and a negative return on equity of 19.18%. The business’s revenue was up 17.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.06 EPS. On average, research analysts forecast that Varonis Systems will post -0.95 EPS for the current year.
Institutional Trading of Varonis Systems
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. StoneRidge PMG Advisors LLC bought a new position in Varonis Systems in the 3rd quarter valued at $322,000. Kornitzer Capital Management Inc. KS boosted its stake in Varonis Systems by 20.3% in the third quarter. Kornitzer Capital Management Inc. KS now owns 144,496 shares of the technology company’s stock worth $6,856,000 after buying an additional 24,345 shares in the last quarter. Kestra Advisory Services LLC raised its position in Varonis Systems by 6.0% in the 3rd quarter. Kestra Advisory Services LLC now owns 9,379 shares of the technology company’s stock worth $445,000 after purchasing an additional 533 shares during the period. Chicago Partners Investment Group LLC bought a new stake in shares of Varonis Systems in the 3rd quarter valued at about $224,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Varonis Systems during the third quarter valued at approximately $2,294,000. 95.65% of the stock is owned by institutional investors.
Varonis Systems News Roundup
Here are the key news stories impacting Varonis Systems this week:
- Positive Sentiment: Q3 earnings were $0.09 per share, above the $0.03 consensus estimate and the $0.06 reported a year earlier. Revenue reached $189.5 million, exceeding the roughly $186.7 million expected and rising 17.3% from a year ago. Varonis Systems Q3 Earnings and Revenues Surpass Estimates
- Positive Sentiment: The company’s results point to continued sales growth, with total quarterly revenue up from $161.6 million in Q3 2025. Varonis Announces Third Quarter 2026 Financial Results
- Negative Sentiment: Despite the adjusted earnings beat, Varonis continued to report a negative net margin and negative return on equity, indicating that profitability remains a concern. Varonis Systems quarterly results
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.
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