Varonis Systems (NASDAQ:VRNS) Price Target Raised to $50.00

Varonis Systems (NASDAQ:VRNS) had its price target increased by Needham & Company LLC from $40.00 to $50.00 in a research note issued to investors on Wednesday,Benzinga reports. They currently have a buy rating on the technology company’s stock.

Other analysts also recently issued research reports about the stock. Robert W. Baird increased their price objective on shares of Varonis Systems from $40.00 to $45.00 and gave the company a “neutral” rating in a report on Wednesday. Barclays boosted their target price on Varonis Systems from $33.00 to $52.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. Citigroup restated an “overweight” rating on shares of Varonis Systems in a research report on Friday, July 24th. Wedbush reaffirmed an “outperform” rating and issued a $37.00 price target on shares of Varonis Systems in a report on Wednesday, June 24th. Finally, UBS Group lifted their price objective on Varonis Systems from $37.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Seventeen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $49.05.

Varonis Systems Price Performance

Varonis Systems stock opened at $39.95 on Wednesday. The company has a fifty day simple moving average of $39.20 and a 200-day simple moving average of $30.70. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of -32.48 and a beta of 0.83. The company has a quick ratio of 1.69, a current ratio of 1.65 and a debt-to-equity ratio of 1.02. Varonis Systems has a 52-week low of $19.70 and a 52-week high of $63.90.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.03. The firm had revenue of $180.02 million for the quarter, compared to the consensus estimate of $176.83 million. Varonis Systems had a negative net margin of 20.55% and a negative return on equity of 19.18%. The company’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same period last year, the firm posted $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, equities analysts anticipate that Varonis Systems will post -1.02 EPS for the current fiscal year.

Hedge Funds Weigh In On Varonis Systems

Several institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in shares of Varonis Systems by 76.2% in the 2nd quarter. GAMMA Investing LLC now owns 2,408 shares of the technology company’s stock valued at $101,000 after buying an additional 1,041 shares during the period. Harbor Investment Advisory LLC purchased a new stake in shares of Varonis Systems during the 2nd quarter valued at approximately $71,000. Versant Capital Management Inc raised its position in shares of Varonis Systems by 27.3% during the 2nd quarter. Versant Capital Management Inc now owns 4,232 shares of the technology company’s stock valued at $178,000 after buying an additional 907 shares during the period. Pacer Advisors Inc. raised its position in shares of Varonis Systems by 26.2% during the 1st quarter. Pacer Advisors Inc. now owns 14,688 shares of the technology company’s stock valued at $315,000 after buying an additional 3,051 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in Varonis Systems by 1,025.4% in the first quarter. Parallel Advisors LLC now owns 3,320 shares of the technology company’s stock valued at $71,000 after acquiring an additional 3,025 shares during the last quarter. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Key Varonis Systems News

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

• Positive Sentiment: Multiple analysts raised targets: Susquehanna lifted its target to $55, TD Cowen to $53, and Robert W. Baird to $45, suggesting substantial potential appreciation from recent trading levels. Susquehanna Raises Price Target TD Cowen Raises Price Target Baird Raises Price Target
• Positive Sentiment: D.A. Davidson and Rosenblatt Securities maintained Buy ratings, while Piper Sandler indicated that the stock is expected to rise. Needham also forecast strong price appreciation. D.A. Davidson Buy Rating Rosenblatt Buy Rating
• Positive Sentiment: Varonis recently exceeded quarterly earnings and revenue expectations, reporting $0.04 in EPS versus a $0.01 consensus estimate and revenue of $180.02 million versus $176.83 million. Revenue increased 18.3% year over year, supporting the bullish outlook. Varonis 2026 Q2 Results
• Neutral Sentiment: Citigroup raised its price target from $30 to $45 but retained a Neutral rating. Brokerages overall classify VRNS as a “Moderate Buy,” though analysts remain divided on valuation and upside. Consensus Moderate Buy Rating
• Negative Sentiment: An analyst downgrade prompted a reported 7.3% decline in the shares, highlighting near-term valuation concerns despite the predominantly positive analyst commentary. Barclays also reduced its target to $50, adding to the mixed signals. Analyst Downgrade Barclays Lowers Price Target

About Varonis Systems

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.