Susquehanna Issues Positive Forecast for Varonis Systems (NASDAQ:VRNS) Stock Price

Varonis Systems (NASDAQ:VRNS) had its price objective boosted by Susquehanna from $30.00 to $36.00 in a research note issued to investors on Wednesday morning,Benzinga reports. Susquehanna currently has a positive rating on the technology company’s stock.

A number of other research firms also recently commented on VRNS. Piper Sandler raised shares of Varonis Systems from a “neutral” rating to an “overweight” rating and raised their target price for the company from $45.00 to $47.00 in a research report on Monday, January 5th. Citigroup lowered their price target on shares of Varonis Systems from $37.00 to $28.00 and set a “neutral” rating on the stock in a report on Wednesday, February 4th. Wedbush lowered their price target on shares of Varonis Systems from $53.00 to $35.00 and set an “outperform” rating on the stock in a report on Wednesday, February 4th. UBS Group set a $50.00 price target on shares of Varonis Systems in a report on Monday, January 26th. Finally, Truist Financial lowered their price target on shares of Varonis Systems from $42.00 to $34.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Fifteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $41.32.

Varonis Systems Trading Up 7.3%

NASDAQ VRNS opened at $27.29 on Wednesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of -23.94 and a beta of 0.68. The company’s 50-day simple moving average is $23.35 and its two-hundred day simple moving average is $31.51. Varonis Systems has a one year low of $19.70 and a one year high of $63.90.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.11. The business had revenue of $173.13 million for the quarter, compared to the consensus estimate of $165.52 million. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. The company’s revenue for the quarter 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. Equities analysts forecast that Varonis Systems will post -0.99 EPS for the current fiscal year.

Insider Activity

In other news, EVP David Bass purchased 2,980 shares of the stock in a transaction dated Monday, February 9th. The shares were acquired at an average cost of $23.47 per share, for a total transaction of $69,940.60. Following the acquisition, the executive vice president owned 1,042,924 shares of the company’s stock, valued at approximately $24,477,426.28. This represents a 0.29% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Avrohom J. Kess purchased 17,800 shares of the stock in a transaction dated Friday, February 6th. The stock was purchased at an average price of $22.29 per share, for a total transaction of $396,762.00. Following the completion of the acquisition, the director directly owned 49,403 shares in the company, valued at approximately $1,101,192.87. This represents a 56.32% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have bought 25,780 shares of company stock worth $579,403. Corporate insiders own 2.30% of the company’s stock.

Institutional Trading of Varonis Systems

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Varonis Systems by 6.5% in the 4th quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock worth $440,119,000 after purchasing an additional 822,925 shares in the last quarter. First Trust Advisors LP boosted its stake in Varonis Systems by 40.6% in the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock worth $145,214,000 after purchasing an additional 1,279,002 shares in the last quarter. RGM Capital LLC boosted its stake in Varonis Systems by 17.1% in the 4th quarter. RGM Capital LLC now owns 3,160,093 shares of the technology company’s stock worth $103,651,000 after purchasing an additional 460,580 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in Varonis Systems by 43.4% in the 1st quarter. Pictet Asset Management Holding SA now owns 3,123,056 shares of the technology company’s stock worth $67,029,000 after purchasing an additional 944,676 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Varonis Systems by 5.7% in the 4th quarter. Geode Capital Management LLC now owns 2,833,180 shares of the technology company’s stock worth $92,943,000 after purchasing an additional 151,961 shares in the last quarter. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Varonis Systems

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

• Positive Sentiment: Q1 beat and upgraded guidance — Varonis reported $0.06 EPS (vs. loss expected), revenue of $173.1M (above estimates), raised FY 2026 EPS guidance to $0.110–0.120 and Q2 EPS to $0.000–0.010 — guidance beats consensus and is a key driver of the rally. Varonis Announces First Quarter 2026 Financial Results
• Positive Sentiment: Strong SaaS ARR acceleration — management highlighted total SaaS ARR growth (reported and guided ranges) and flagged $814M–$845M 2026 total SaaS ARR in commentary, supporting the subscription transition thesis and higher long-term revenue visibility. Varonis signals $814M-$845M 2026 total SaaS ARR
• Positive Sentiment: Analyst upgrades and price-target increases — a broad set of firms (JPMorgan, UBS, DA Davidson, RBC, Wedbush, Wells Fargo, Barclays, Needham, Susquehanna, others) raised targets/ratings after the quarter, adding buy-side momentum. These Analysts Increase Their Forecasts On Varonis Systems
• Positive Sentiment: New product / capability — Varonis launched Varonis Atlas (powered by AllTrue.ai acquisition), which management positions as enhancing product differentiation and AI-driven security offerings. Q1 Results & Product Launch
• Neutral Sentiment: Volume and technicals — trading volume is elevated versus average and the stock remains below its 200-day moving average, so momentum could be short-lived if follow-through fades. (No single news link.)
• Negative Sentiment: Shareholder litigation inquiry — Kuehn Law announced an investigation into whether Varonis officers/directors misled investors about customer conversion capability to SaaS, which introduces litigation risk and could temper sentiment. Kuehn Law Encourages Investors of Varonis Systems, Inc. to Contact Law Firm

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.