Varonis Systems’ (VRNS) “Hold” Rating Reaffirmed at Needham & Company LLC

Posted by George Bondi on Oct 16th, 2026

Varonis Systems (NASDAQ:VRNS – Get Free Report)‘s stock had its “hold” rating reaffirmed by equities research analysts at Needham & Company LLC in a research report issued to clients and investors on Friday, Benzinga reports.

A number of other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. upped their price objective 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. Piper Sandler lifted their target price on shares of Varonis Systems from $47.00 to $58.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. TD Cowen boosted their target price on Varonis Systems from $53.00 to $56.00 and gave the stock a “buy” rating in a research note on Tuesday. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $49.75 target price (down from $55.00) on shares of Varonis Systems in a report on Friday. Finally, Wells Fargo & Company upped their target price on Varonis Systems from $48.00 to $53.00 and gave the company an “overweight” rating in a report on Thursday. Thirteen research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Varonis Systems currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.55.

Get Our Latest Research Report on Varonis Systems

Varonis Systems Trading Up 0.6%

Shares of Varonis Systems stock opened at $47.34 on Friday. Varonis Systems has a 52 week low of $19.70 and a 52 week high of $63.80. The stock has a 50 day moving average price of $45.71 and a two-hundred day moving average price of $37.89. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.65 and a quick ratio of 1.65.

Varonis Systems (NASDAQ:VRNS – Get Free Report) last issued its earnings results 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. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%. The company had revenue of $180.02 million for the quarter, compared to analyst estimates of $176.83 million. During the same period in the prior year, the firm earned $0.03 earnings per share. Varonis Systems’s revenue for the quarter 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. Sell-side analysts forecast that Varonis Systems will post -0.95 earnings per share for the current year.

Institutional Investors Weigh In On Varonis Systems

Large investors have recently modified their holdings of the stock. Assenagon Asset Management S.A. grew its stake in shares of Varonis Systems by 417.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 89,971 shares of the technology company’s stock worth $4,269,000 after acquiring an additional 72,577 shares during the period. State of Alaska Department of Revenue bought a new stake in Varonis Systems in the 3rd quarter valued at about $247,000. Sequoia Financial Advisors LLC bought a new stake in Varonis Systems in the 2nd quarter valued at about $204,000. WINTON GROUP Ltd purchased a new stake in Varonis Systems during the second quarter valued at about $306,000. Finally, Engineers Gate Manager LP purchased a new stake in Varonis Systems during the second quarter valued at about $1,441,000. Hedge funds and other 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: Proofpoint will pay $49.75 per Varonis share in cash, giving investors a clear takeover valuation and reducing exposure to the company’s standalone operating risks. The announcement drove buying interest in VRNS. Proofpoint to Acquire Varonis in a $6.3 Billion Transaction
Positive Sentiment: The transaction represents a substantial premium to Varonis’s unaffected trading price and could provide shareholders with near-term value realization, subject to customary closing conditions and approvals. Varonis stock climbs on $6.3 billion Proofpoint deal
Neutral Sentiment: Before the acquisition announcement, Wells Fargo raised its Varonis price target from $48 to $53 and maintained an “overweight” rating, indicating analysts saw additional value in the business. However, the agreed cash consideration is now the primary reference point for the stock. Wells Fargo raises Varonis price target
Negative Sentiment: Ademi LLP and Halper Sadeh LLP announced investigations into whether the $49.75-per-share offer fairly values Varonis, whether directors adequately protected shareholders, and whether insiders received preferential benefits. These reviews could create deal-related uncertainty or delay completion, although such announcements do not necessarily indicate that the transaction will be blocked. Ademi LLP investigates Varonis buyout

Varonis Systems Company Profile

(Get Free Report)

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.