Varonis Systems (NASDAQ:VRNS) Price Target Raised to $53.00 at TD Cowen

Varonis Systems (NASDAQ:VRNS) had its price target hoisted by investment analysts at TD Cowen from $50.00 to $53.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the technology company’s stock. TD Cowen’s price target would suggest a potential upside of 27.69% from the company’s current price.

Several other equities research analysts also recently commented on the company. Wells Fargo & Company increased their price objective on Varonis Systems from $35.00 to $50.00 and gave the company an “overweight” rating in a report on Monday, July 20th. DA Davidson increased their price objective on Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Susquehanna boosted their target price on shares of Varonis Systems from $30.00 to $36.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. UBS Group upped their price target on shares of Varonis Systems from $37.00 to $58.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Finally, Weiss Ratings raised shares of Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, June 30th. Eighteen equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Varonis Systems has a consensus rating of “Moderate Buy” and a consensus target price of $46.68.

Varonis Systems Stock Down 7.1%

Shares of VRNS stock traded down $3.16 on Wednesday, hitting $41.51. 873,496 shares of the stock were exchanged, compared to its average volume of 2,672,233. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $4.77 billion, a P/E ratio of -35.20 and a beta of 0.83. Varonis Systems has a fifty-two week low of $19.70 and a fifty-two week high of $63.90. The business has a 50-day moving average of $38.64 and a 200 day moving average of $30.56.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The firm had revenue of $180.02 million during the quarter, compared to the consensus estimate of $176.83 million. During the same quarter in the prior year, the firm posted $0.03 EPS. The business’s revenue was up 18.3% on a year-over-year basis. 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. Equities analysts anticipate that Varonis Systems will post -1.05 EPS for the current year.

Institutional Trading of Varonis Systems

Institutional investors and hedge funds have recently modified their holdings of the business. Signaturefd LLC raised its holdings in Varonis Systems by 47.8% in the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after buying an additional 322 shares during the last quarter. Benjamin Edwards Inc. grew its holdings in Varonis Systems by 5.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 6,692 shares of the technology company’s stock worth $340,000 after acquiring an additional 351 shares during the last quarter. Amundi increased its position in Varonis Systems by 0.7% in the 3rd quarter. Amundi now owns 52,886 shares of the technology company’s stock valued at $3,212,000 after acquiring an additional 387 shares during the period. Osaic Holdings Inc. increased its position in Varonis Systems by 10.5% in the 2nd quarter. Osaic Holdings Inc. now owns 4,647 shares of the technology company’s stock valued at $234,000 after acquiring an additional 440 shares during the period. Finally, Allworth Financial LP raised its stake in shares of Varonis Systems by 201.3% during the third quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock valued at $40,000 after acquiring an additional 463 shares during the last quarter. 95.65% of the stock is currently owned by institutional investors.

Key Stories Impacting Varonis Systems

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

• Positive Sentiment: Q2 adjusted EPS was $0.04 versus the $0.01 consensus estimate, while revenue rose 18.3% year over year to $180.02 million, exceeding expectations of $176.83 million. Varonis Systems Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: SaaS annual recurring revenue excluding conversions increased 25% year over year, while total SaaS ARR reached $726 million, up 52%. Management also cited growth in new-logo SaaS ARR and momentum in Atlas, Interceptor and Database Activity Monitoring. Varonis Announces Second Quarter 2026 Financial Results
• Positive Sentiment: Varonis guided for third-quarter EPS of $0.02–$0.03, above the expected loss of $0.04, and raised full-year EPS guidance to $0.14–$0.15 versus the prior consensus loss estimate of $0.11. Full-year revenue guidance of $735–$739 million was broadly in line with expectations.
• Positive Sentiment: Analyst sentiment remained favorable: Needham raised its price target to $50 and reiterated “buy,” Rosenblatt maintained “buy” with a $55 target, and JPMorgan raised its target to $55 while keeping an “overweight” rating. Barclays also maintained “overweight” with a $50 target.
• Neutral Sentiment: Robert W. Baird raised its target to $45 but retained a “neutral” rating, implying limited upside from the referenced trading level.
• Negative Sentiment: Despite the earnings and guidance beats, shares came under pressure following the report. Varonis continues to report a negative net margin and negative return on equity, which may temper investor enthusiasm despite strong SaaS growth. Varonis Systems Q2 Results

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.