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

Shares of Varonis Systems, Inc. (NASDAQ:VRNS) have been assigned an average rating of “Moderate Buy” from the twenty-three brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $41.35.

A number of equities analysts recently issued reports on the company. William Blair reiterated a “market perform” rating on shares of Varonis Systems in a report on Monday, March 23rd. Needham & Company LLC increased their price target on Varonis Systems from $30.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada increased their price target on Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. B. Riley Financial cut their price target on Varonis Systems from $58.00 to $45.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Finally, Barclays increased their price target on Varonis Systems from $28.00 to $33.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 29th.

Varonis Systems Stock Performance

Shares of VRNS stock opened at $28.18 on Friday. The business’s 50 day simple moving average is $24.27 and its 200 day simple moving average is $29.16. Varonis Systems has a one year low of $19.70 and a one year high of $63.90. The stock has a market capitalization of $3.24 billion, a PE ratio of -24.72 and a beta of 0.80. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.69 and a quick ratio of 1.69.

Varonis Systems (NASDAQ:VRNS) last announced its earnings results on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.11. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The business had revenue of $173.13 million for the quarter, compared to analysts’ expectations of $165.52 million. The firm’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. As a group, research analysts forecast that Varonis Systems will post -1.05 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Signaturefd LLC raised its holdings in shares of 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 acquiring an additional 322 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Varonis Systems during the 4th quarter valued at about $37,000. Fifth Third Bancorp raised its holdings in shares of Varonis Systems by 10,694.1% during the 1st quarter. Fifth Third Bancorp now owns 1,835 shares of the technology company’s stock valued at $39,000 after buying an additional 1,818 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Varonis Systems by 201.3% during the 3rd quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock valued at $40,000 after buying an additional 463 shares in the last quarter. Finally, Neo Ivy Capital Management purchased a new position in shares of Varonis Systems during the 3rd quarter valued at about $42,000. 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.