Varonis Systems, Inc. (NASDAQ:VRNS) Receives Average Recommendation of “Moderate Buy” from Brokerages

Varonis Systems, Inc. (NASDAQ:VRNSGet Free Report) has been given a consensus rating of “Moderate Buy” by the twenty-four analysts that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $49.0526.

Several research analysts have recently weighed in on VRNS shares. Truist Financial increased their price objective on shares of Varonis Systems from $34.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. UBS Group boosted their target price on shares of Varonis Systems from $37.00 to $58.00 and gave the company a “buy” rating in a report on Tuesday, July 21st. Rosenblatt Securities reaffirmed a “buy” rating and set a $55.00 price target on shares of Varonis Systems in a research report on Wednesday, July 29th. KeyCorp started coverage on shares of Varonis Systems in a research note on Tuesday, May 26th. They set a “sector weight” rating on the stock. Finally, TD Cowen lifted their price target on shares of Varonis Systems from $50.00 to $53.00 and gave the company a “buy” rating in a report on Wednesday, July 29th.

Read Our Latest Stock Report on VRNS

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its stake in Varonis Systems by 4,095.8% during the second quarter. California State Teachers Retirement System now owns 5,547,532 shares of the technology company’s stock worth $232,774,000 after acquiring an additional 5,415,317 shares during the last quarter. American Capital Management Inc. acquired a new position in shares of Varonis Systems in the 2nd quarter valued at about $94,062,000. Jacobs Levy Equity Management Inc. acquired a new position in shares of Varonis Systems in the 4th quarter valued at about $48,263,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Varonis Systems during the 2nd quarter worth about $61,262,000. Finally, First Trust Advisors LP grew its holdings in shares of 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 purchasing an additional 1,279,002 shares during the period. Institutional investors and hedge funds own 95.65% of the company’s stock.

Varonis Systems Trading Down 1.9%

Shares of VRNS opened at $43.92 on Monday. The stock has a fifty day moving average of $43.04 and a two-hundred day moving average of $32.27. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.65 and a current ratio of 1.65. The company has a market capitalization of $5.04 billion, a PE ratio of -35.71 and a beta of 0.83. Varonis Systems has a fifty-two week low of $19.70 and a fifty-two week high of $63.90.

Varonis Systems (NASDAQ:VRNSGet Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.03. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%.The business had revenue of $180.02 million for the quarter, compared to analysts’ expectations of $176.83 million. During the same quarter last year, the firm earned $0.03 earnings per share. The business’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. As a group, analysts forecast that Varonis Systems will post -0.97 EPS for the current year.

About Varonis Systems

(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.

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Analyst Recommendations for Varonis Systems (NASDAQ:VRNS)

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