Varonis Systems (NASDAQ:VRNS) Price Target Raised to $58.00

Varonis Systems (NASDAQ:VRNS) had its target price upped by Piper Sandler from $47.00 to $58.00 in a research report released on Wednesday morning,Benzinga reports. Piper Sandler currently has an overweight rating on the technology company’s stock.

VRNS has been the topic of several other reports. Wells Fargo & Company lifted their price target on Varonis Systems from $35.00 to $50.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. increased their price target on Varonis Systems from $39.00 to $55.00 and gave the company an “overweight” rating in a research note on Monday, July 27th. Stephens upgraded Varonis Systems from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $33.00 to $45.00 in a research note on Wednesday, June 24th. Wedbush reissued an “outperform” rating and set a $37.00 price target on shares of Varonis Systems in a research report on Wednesday, June 24th. Finally, Susquehanna lifted their target price on Varonis Systems from $36.00 to $55.00 and gave the stock a “positive” rating in a report on Wednesday. Seventeen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Varonis Systems has an average rating of “Moderate Buy” and a consensus target price of $49.05.

Varonis Systems Stock Performance

NASDAQ VRNS opened at $39.95 on Wednesday. The company has a market capitalization of $4.59 billion, a price-to-earnings ratio of -32.48 and a beta of 0.83. The stock has a fifty day simple moving average of $39.20 and a 200 day simple moving average of $30.70. 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 twelve month low of $19.70 and a twelve month high of $63.90.

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of VRNS. Signaturefd LLC lifted its position in Varonis Systems by 47.8% in the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after purchasing an additional 322 shares during the period. Benjamin Edwards Inc. increased its position 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 purchasing an additional 351 shares in the last quarter. Amundi raised its stake in shares of Varonis Systems by 0.7% during the third quarter. Amundi now owns 52,886 shares of the technology company’s stock valued at $3,212,000 after purchasing an additional 387 shares during the period. Osaic Holdings Inc. lifted its holdings in Varonis Systems by 10.5% in the 2nd quarter. Osaic Holdings Inc. now owns 4,647 shares of the technology company’s stock worth $234,000 after buying an additional 440 shares in the last quarter. Finally, Allworth Financial LP lifted its position 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 worth $40,000 after purchasing an additional 463 shares during the last quarter. Institutional investors and hedge funds own 95.65% of the company’s stock.

Varonis Systems News Roundup

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.