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

Varonis Systems (NASDAQ:VRNS) had its target price increased by Wells Fargo & Company from $48.00 to $53.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the technology company’s stock.

Other analysts also recently issued research reports about the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $55.00 price objective on shares of Varonis Systems in a research note on Wednesday, July 29th. Needham & Company LLC boosted their target price on Varonis Systems from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday, September 9th. Robert W. Baird boosted their target price on Varonis Systems from $40.00 to $45.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. JPMorgan Chase & Co. increased their price target on Varonis Systems from $39.00 to $55.00 and gave the stock an “overweight” rating in a report on Monday, July 27th. Finally, Stephens raised Varonis Systems from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $33.00 to $45.00 in a research report on Wednesday, June 24th. Six research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $50.94.

Varonis Systems Trading Up 2.9%

VRNS opened at $48.72 on Thursday. The firm’s fifty day moving average is $45.81 and its two-hundred day moving average is $37.96. The firm has a market cap of $5.60 billion, a PE ratio of -39.61 and a beta of 0.77. Varonis Systems has a twelve month low of $19.70 and a twelve month high of $63.80. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.65 and a current ratio of 1.65.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $176.83 million. During the same quarter in the previous year, the business earned $0.03 EPS. The firm’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 research analysts anticipate that Varonis Systems will post -0.95 EPS for the current year.

Institutional Investors Weigh In On Varonis Systems

Several large investors have recently made changes to their positions in VRNS. Assenagon Asset Management S.A. lifted its position in Varonis Systems by 417.3% in the 3rd quarter. Assenagon Asset Management S.A. now owns 89,971 shares of the technology company’s stock valued at $4,269,000 after acquiring an additional 72,577 shares in the last quarter. State of Alaska Department of Revenue acquired a new position in Varonis Systems in the 3rd quarter worth $247,000. Sequoia Financial Advisors LLC acquired a new position in Varonis Systems in the 2nd quarter worth $204,000. WINTON GROUP Ltd acquired a new position in Varonis Systems in the 2nd quarter worth $306,000. Finally, Engineers Gate Manager LP bought a new position in Varonis Systems during the 2nd quarter worth about $1,441,000. Institutional investors own 95.65% of the company’s stock.

More Varonis Systems News

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

• Positive Sentiment: The proposed acquisition removes much of the company-specific uncertainty and offers shareholders a cash consideration above Varonis’s pre-deal trading level. RBC said the combination makes strategic sense as competition in cybersecurity intensifies. RBC on Varonis Acquisition
• Neutral Sentiment: Analyst actions largely reflect the announced transaction. Citigroup, Robert W. Baird and Wedbush raised their targets to approximately $49.75-$50, while Piper Sandler, TD Cowen, Jefferies, Wells Fargo, DA Davidson and Rosenblatt reaffirmed neutral, hold or equal-weight ratings with targets near $49.75. These targets imply limited additional upside because they are close to the offer price.
• Neutral Sentiment: Unusually heavy options activity included purchases of 7,193 call contracts, about 186% above average call volume, suggesting elevated speculative interest following the deal announcement. However, options activity does not guarantee further gains.
• Negative Sentiment: RBC downgraded Varonis to Sector Perform and lowered its target to $49.75 from $52, citing the Proofpoint transaction. With the stock near the cash offer, the remaining upside is limited and depends primarily on deal completion rather than operating performance.
• Negative Sentiment: Several shareholder-rights law firms announced investigations into whether the $49.75 offer fairly values Varonis and whether the board adequately protected investors. Such reviews could create transaction uncertainty, although they do not necessarily indicate that the deal will fail. Ademi Varonis Shareholder Alert

About Varonis Systems

Varonis Systems, Inc develops data security and cyber-risk management software for organizations seeking to protect sensitive information from unauthorized access, misuse, and cyberattacks. Its platform helps customers discover and classify data, analyze access permissions, identify unusual activity, and remediate security exposures across on-premises and cloud-based environments.

The company’s offerings are designed to secure data stored in file systems, collaboration platforms, databases, email, and other enterprise repositories.