Varonis Systems, Inc. (NASDAQ:VRNS) Receives Consensus Rating of “Moderate Buy” from Analysts

Varonis Systems, Inc. (NASDAQ:VRNS) has received a consensus recommendation of “Moderate Buy” from the twenty-four analysts that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and seventeen have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $49.0526.

VRNS has been the topic of several recent analyst reports. TD Cowen increased their target price on Varonis Systems from $50.00 to $53.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings raised Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 30th. Truist Financial upped their price objective on Varonis Systems from $34.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Rosenblatt Securities reiterated a “buy” rating and issued a $55.00 price objective on shares of Varonis Systems in a report on Wednesday, July 29th. Finally, KeyCorp assumed coverage on Varonis Systems in a research report on Tuesday, May 26th. They set a “sector weight” rating on the stock.

Institutional Trading of Varonis Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in shares of Varonis Systems by 6.5% during the 4th quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock worth $440,119,000 after buying an additional 822,925 shares during the last quarter. California State Teachers Retirement System grew its position in shares of Varonis Systems by 4,095.8% in the 2nd quarter. California State Teachers Retirement System now owns 5,547,532 shares of the technology company’s stock valued at $232,774,000 after buying an additional 5,415,317 shares during the last quarter. First Trust Advisors LP raised its stake in Varonis Systems by 40.6% during the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock worth $145,214,000 after acquiring an additional 1,279,002 shares in the last quarter. RGM Capital LLC lifted its position in Varonis Systems by 17.1% in the fourth quarter. RGM Capital LLC now owns 3,160,093 shares of the technology company’s stock valued at $103,651,000 after acquiring an additional 460,580 shares during the last quarter. Finally, Pictet Asset Management Holding SA boosted its stake in Varonis Systems by 43.4% in the first quarter. Pictet Asset Management Holding SA now owns 3,123,056 shares of the technology company’s stock valued at $67,029,000 after acquiring an additional 944,676 shares in the last quarter. Institutional investors and hedge funds own 95.65% of the company’s stock.

Varonis Systems Price Performance

Shares of Varonis Systems stock opened at $43.92 on Monday. Varonis Systems has a 52-week low of $19.70 and a 52-week high of $63.90. The company has a 50 day moving average of $43.04 and a 200 day moving average of $32.32. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.02. The company has a market capitalization of $5.04 billion, a P/E ratio of -35.71 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.03. Varonis Systems had a negative net margin of 20.55% and a negative return on equity of 19.18%. The company had revenue of $180.02 million for the quarter, compared to the consensus estimate of $176.83 million. During the same period in the prior year, the firm posted $0.03 EPS. The company’s quarterly revenue was up 18.3% compared to the same quarter last year. 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. As a group, research analysts forecast that Varonis Systems will post -0.97 EPS for the current fiscal year.

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.