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

Varonis Systems, Inc. (NASDAQ:VRNS) has been assigned a consensus rating of “Moderate Buy” from the twenty-three brokerages that are covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $41.35.

Several research firms have issued reports on VRNS. Needham & Company LLC lifted their price target on shares of Varonis Systems from $30.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Morgan Stanley restated an “equal weight” rating and issued a $41.00 target price (down from $44.00) on shares of Varonis Systems in a report on Monday, January 26th. Barclays upped their target price on Varonis Systems from $28.00 to $33.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. William Blair reissued a “market perform” rating on shares of Varonis Systems in a research note on Monday, March 23rd. Finally, Royal Bank Of Canada boosted 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.

Institutional Trading of Varonis Systems

Hedge funds have recently modified their holdings of the business. Hodges Capital Management Inc. boosted its position in Varonis Systems by 146.3% during the 3rd quarter. Hodges Capital Management Inc. now owns 126,450 shares of the technology company’s stock worth $7,267,000 after acquiring an additional 75,120 shares during the period. Readystate Asset Management LP acquired a new stake in shares of Varonis Systems during the third quarter worth approximately $13,731,000. Vanguard Group Inc. grew its position in Varonis Systems by 6.5% during the fourth quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock valued at $440,119,000 after purchasing an additional 822,925 shares in the last quarter. AustralianSuper Pty Ltd grew its position in Varonis Systems by 29.6% during the third quarter. AustralianSuper Pty Ltd now owns 602,379 shares of the technology company’s stock valued at $34,619,000 after purchasing an additional 137,713 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co acquired a new position in Varonis Systems in the 3rd quarter valued at approximately $1,477,000. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Varonis Systems Stock Performance

Shares of NASDAQ VRNS opened at $31.00 on Friday. Varonis Systems has a 12-month low of $19.70 and a 12-month high of $63.90. The company has a market cap of $3.56 billion, a PE ratio of -27.19 and a beta of 0.80. The stock has a 50 day simple moving average of $24.88 and a 200-day simple moving average of $28.62. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00.

Varonis Systems (NASDAQ:VRNS) last announced its earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 20.27% and a negative net margin of 19.75%.The company’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. On average, equities research analysts forecast that Varonis Systems will post -1.05 EPS for the current year.

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.