Shares of Varonis Systems, Inc. (NASDAQ:VRNS – Get Free Report) have been given a consensus rating of “Moderate Buy” by the twenty-four research firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and sixteen have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $49.7895.
Several research firms have weighed in on VRNS. Susquehanna upped their price target on Varonis Systems from $36.00 to $55.00 and gave the stock a “positive” rating in a research note on Wednesday, July 29th. B. Riley Financial boosted their target price on shares of Varonis Systems from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, July 24th. JPMorgan Chase & Co. upped their target price on shares of Varonis Systems from $39.00 to $55.00 and gave the stock an “overweight” rating in a research report on Monday, July 27th. Wedbush reiterated a “neutral” rating and issued a $46.00 price target on shares of Varonis Systems in a report on Friday, September 11th. Finally, New Street Research reiterated a “buy” rating on shares of Varonis Systems in a research note on Wednesday, July 29th.
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Hedge Funds Weigh In On Varonis Systems
Varonis Systems Price Performance
NASDAQ:VRNS opened at $47.29 on Friday. The business’s 50-day simple moving average is $44.48 and its two-hundred day simple moving average is $34.97. Varonis Systems has a 52 week low of $19.70 and a 52 week high of $63.90. The stock has a market cap of $5.43 billion, a PE ratio of -38.45 and a beta of 0.82. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.02.
Varonis Systems (NASDAQ:VRNS – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.03. The firm had revenue of $180.02 million during the quarter, compared to analyst estimates of $176.83 million. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%.The business’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.03 earnings per share. 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 -0.96 EPS for the current fiscal year.
About Varonis Systems
Varonis Systems, Inc (NASDAQ:VRNS) is a cybersecurity company that helps organizations protect and manage their data. Its platform focuses on securing sensitive information stored across cloud environments, software-as-a-service applications, data centers and other enterprise systems.
The Varonis Data Security Platform provides capabilities for data discovery and classification, access governance, threat detection, data activity monitoring and automated remediation. Its products are designed to identify sensitive or exposed data, reduce excessive access permissions, detect suspicious behavior and help organizations respond to risks involving files, emails and other unstructured data.
Founded in 2005, Varonis serves businesses and institutions internationally through a combination of direct sales and channel partners.
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