Varonis Systems, Inc. (NASDAQ:VRNS) Given Average Rating of “Moderate Buy” by Analysts

Shares of Varonis Systems, Inc. (NASDAQ:VRNS) have been given an average rating of “Moderate Buy” by the twenty-four research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, fifteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $41.35.

VRNS has been the topic of a number of recent research reports. UBS Group increased their price objective on Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Stephens increased their price objective on Varonis Systems from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 29th. Royal Bank Of Canada increased their price objective on Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. DA Davidson increased their price objective on Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, William Blair reissued a “market perform” rating on shares of Varonis Systems in a report on Monday, March 23rd.

Varonis Systems Stock Performance

Shares of VRNS opened at $33.34 on Wednesday. The stock’s 50-day simple moving average is $27.90 and its 200 day simple moving average is $28.50. The stock has a market capitalization of $3.83 billion, a price-to-earnings 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 has a 52-week low of $19.70 and a 52-week high of $63.90.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.11. The business had revenue of $173.13 million for the quarter, compared to analysts’ expectations of $165.52 million. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The company’s revenue for the quarter 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 forecast that Varonis Systems will post -1.04 EPS for the current fiscal year.

Institutional Trading of Varonis Systems

Institutional investors and hedge funds have recently modified their holdings of the business. Jacobs Levy Equity Management Inc. purchased a new position in shares of Varonis Systems during the 4th quarter valued at about $48,263,000. First Trust Advisors LP raised its holdings in shares of Varonis Systems by 40.6% during the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock valued at $145,214,000 after buying an additional 1,279,002 shares in the last quarter. Senvest Management LLC raised its holdings in shares of Varonis Systems by 406.1% during the 1st quarter. Senvest Management LLC now owns 1,448,943 shares of the technology company’s stock valued at $31,109,000 after buying an additional 1,162,651 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in shares of Varonis Systems by 99.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock valued at $71,480,000 after buying an additional 1,084,267 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Varonis Systems by 218.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,409,487 shares of the technology company’s stock valued at $30,262,000 after buying an additional 966,817 shares in the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

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.