Varonis Systems (NASDAQ:VRNS – Get Free Report)‘s stock had its “equal weight” rating reaffirmed by analysts at Barclays in a report issued on Monday, Marketbeat.com reports. They currently have a $50.00 price objective on the technology company’s stock. Barclays‘s price objective points to a potential upside of 2.67% from the stock’s current price.
Several other research firms have also recently weighed in on VRNS. Robert W. Baird lifted their target price on Varonis Systems from $45.00 to $50.00 and gave the company a “neutral” rating in a research note on Friday. New Street Research reissued a “buy” rating on shares of Varonis Systems in a research report on Wednesday, July 29th. Piper Sandler reissued a “neutral” rating and issued a $49.75 price target (down from $58.00) on shares of Varonis Systems in a research report on Friday. Stephens upgraded shares of 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 report on Wednesday, June 24th. Finally, Royal Bank Of Canada downgraded shares of Varonis Systems from an “outperform” rating to a “neutral” rating in a research report on Friday. Six investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $50.89.
View Our Latest Research Report on VRNS
Varonis Systems Stock Down 0.0%
Shares of VRNS traded down $0.02 during mid-day trading on Monday, reaching $48.70. The company’s stock had a trading volume of 7,587,195 shares, compared to its average volume of 2,610,013. The company has a market cap of $5.59 billion, a price-to-earnings ratio of -39.59 and a beta of 0.77. The business has a fifty day moving average of $45.94 and a 200 day moving average of $38.27. 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 has a 1 year low of $19.70 and a 1 year high of $63.80.
Varonis Systems (NASDAQ:VRNS – Get Free Report) last issued its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.03. The business had revenue of $180.02 million for the quarter, compared to the consensus estimate of $176.83 million. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%. Varonis Systems’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the previous 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 -0.95 earnings per share for the current fiscal 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. increased 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 purchasing an additional 72,577 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Varonis Systems in the 3rd quarter valued at $247,000. Sequoia Financial Advisors LLC acquired a new stake in shares of Varonis Systems in the 2nd quarter valued at $204,000. WINTON GROUP Ltd bought a new stake in Varonis Systems in the second quarter worth $306,000. Finally, Engineers Gate Manager LP bought a new stake in Varonis Systems in the second quarter worth $1,441,000. Institutional investors own 95.65% of the company’s stock.
Varonis Systems News Roundup
Here are the key news stories impacting Varonis Systems this week:
- Positive Sentiment: Proofpoint has agreed to acquire Varonis in a transaction valued at approximately $6.3 billion. Varonis shareholders would receive $49.75 in cash per share, providing a clear valuation benchmark and supporting the stock’s recent strength. Trading volume was also well above average, indicating heightened investor interest in the deal. Proofpoint to acquire Varonis in a $6.3 billion transaction
- Neutral Sentiment: Barclays reaffirmed an Equal Weight rating and lifted its price target to $50, only modestly above the offer price. The limited upside suggests analysts view the stock primarily as a merger-arbitrage situation rather than a standalone growth investment. Barclays reiterates Equal Weight on Varonis
- Neutral Sentiment: Several firms, including DA Davidson and Piper Sandler, maintained Neutral or similar ratings, while other analysts adjusted targets or ratings after the buyout announcement. These actions generally reflect the stock’s convergence toward the $49.75 cash consideration rather than a new assessment of Varonis’s operating outlook. DA Davidson reaffirms Neutral rating
- Negative Sentiment: Kahn Swick & Foti announced an investigation into whether the proposed price and sale process adequately protect Varonis shareholders. Although such investigations do not necessarily indicate wrongdoing or threaten completion, they introduce regulatory and litigation uncertainty and could pressure the stock’s discount to the offer price. Kahn Swick & Foti investigates Varonis sale
About Varonis Systems
Varonis Systems, Inc develops data security software that helps organizations protect sensitive information, identify security risks and manage access to data. Its platform is designed to secure data stored across on-premises file systems, cloud environments, software-as-a-service applications and other enterprise repositories.
The company’s products support data discovery and classification, access analysis, threat detection, insider-risk monitoring, data loss prevention and security automation.
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