Varonis Systems (NASDAQ:VRNS) Price Target Raised to $55.00

Posted by Geri Gentry on Jul 30th, 2026

Varonis Systems (NASDAQ:VRNS – Free Report) had its price target raised by JPMorgan Chase & Co. from $39.00 to $55.00 in a research note published on Monday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the technology company’s stock.

VRNS has been the subject of several other reports. Citigroup reiterated an “overweight” rating on shares of Varonis Systems in a research report on Friday, July 24th. Needham & Company LLC lifted their target price on Varonis Systems from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. KeyCorp began coverage on Varonis Systems in a research note on Tuesday, May 26th. They issued a “sector weight” rating on the stock. Weiss Ratings upgraded Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 30th. Finally, B. Riley Financial raised their price objective on Varonis Systems from $45.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Eighteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Varonis Systems presently has a consensus rating of “Moderate Buy” and a consensus price target of $48.26.

Read Our Latest Stock Analysis on VRNS

Varonis Systems Stock Down 9.0%

VRNS stock opened at $40.65 on Monday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. The firm has a 50-day moving average of $38.83 and a two-hundred day moving average of $30.60. Varonis Systems has a 12 month low of $19.70 and a 12 month high of $63.90. The company has a market cap of $4.67 billion, a price-to-earnings ratio of -33.05 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.01 by $0.03. The business had revenue of $180.02 million for the quarter, compared to analyst estimates of $176.83 million. Varonis Systems had a negative return on equity of 18.24% and a negative net margin of 20.55%.The company’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, analysts forecast that Varonis Systems will post -1.05 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Dynamic Technology Lab Private Ltd acquired a new stake in Varonis Systems during the 1st quarter worth approximately $233,000. Caxton Associates LLP acquired a new position in shares of Varonis Systems in the first quarter worth $200,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Varonis Systems by 11.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 619,257 shares of the technology company’s stock worth $25,049,000 after acquiring an additional 64,636 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Varonis Systems by 2.8% during the second quarter. Russell Investments Group Ltd. now owns 22,811 shares of the technology company’s stock worth $1,158,000 after acquiring an additional 628 shares during the period. Finally, Invesco Ltd. increased its position in shares of Varonis Systems by 8.6% during the second quarter. Invesco Ltd. now owns 96,536 shares of the technology company’s stock worth $4,899,000 after acquiring an additional 7,618 shares during the period. Institutional investors and hedge funds own 95.65% of the company’s stock.

Varonis Systems News Summary

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

Positive Sentiment: Varonis reported second-quarter EPS of $0.04, above the $0.01 analyst consensus, while revenue of $180.0 million exceeded expectations of $176.8 million and increased 18.3% year over year. Varonis Q2 Earnings Surpass Expectations
Positive Sentiment: Management raised its 2026 SaaS annual recurring revenue outlook to 20%-21% growth and indicated free cash flow of $105 million-$110 million, supporting the investment case for its recurring-revenue transition. Varonis Signals Free Cash Flow and SaaS ARR Outlook
Positive Sentiment: SaaS ARR excluding conversions grew 25% year over year, while total SaaS ARR reached $726 million, up 52%. The company cited demand for AI and data security products, including Atlas, Interceptor and Database Activity Monitoring. Varonis Announces Second Quarter 2026 Financial Results
Positive Sentiment: Full-year 2026 guidance calls for EPS of $0.14-$0.15 and revenue of $735 million-$739 million, while third-quarter guidance of $0.02-$0.03 EPS is well above the prior consensus loss estimate.
Positive Sentiment: Analysts raised targets after the results: Piper Sandler to $58, Susquehanna to $55, TD Cowen to $53, Needham to $50 and JPMorgan to $55. Rosenblatt reaffirmed its buy rating with a $55 target.
Neutral Sentiment: Barclays trimmed its target to $50 but retained an overweight rating, while Baird raised its target to $45 but maintained a neutral rating, indicating continued valuation and execution concerns.
Negative Sentiment: Despite the earnings beats and improved outlook, VRNS remains unprofitable on a reported basis, with a negative net margin and negative return on equity. The elevated trading volume and recent share-price gains may also be encouraging investors to lock in profits.

Varonis Systems Company Profile

(Get Free Report)

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.