Varonis Systems (NASDAQ:VRNS) Stock Bumped Down to “Neutral” by Susquehanna

Posted by Brenda Bartman on Nov 6th, 2026

Susquehanna lowered shares of Varonis Systems (NASDAQ:VRNS – Free Report) from a positive rating to a neutral rating in a report released on Thursday morning, MarketBeat.com reports. The brokerage currently has $49.75 target price on the technology company’s stock, down from their previous target price of $55.00.

A number of other brokerages have also commented on VRNS. Needham & Company LLC lowered Varonis Systems from a “buy” rating to a “hold” rating in a research report on Friday, October 16th. Wedbush lifted their price target on shares of Varonis Systems from $46.00 to $49.75 and gave the stock a “neutral” rating in a research report on Friday, October 16th. Royal Bank Of Canada downgraded shares of Varonis Systems from an “outperform” rating to a “neutral” rating in a research note on Friday, October 16th. Weiss Ratings upgraded shares of Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, October 23rd. Finally, B. Riley Financial lowered shares of Varonis Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, October 16th. Four research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Varonis Systems presently has a consensus rating of “Hold” and an average target price of $50.39.

View Our Latest Report on Varonis Systems

Varonis Systems Stock Down 0.1%

Shares of VRNS opened at $48.73 on Thursday. The business’s fifty day moving average price is $47.53 and its two-hundred day moving average price is $35.86. Varonis Systems has a 52 week low of $19.70 and a 52 week high of $50.31. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.02.

Varonis Systems (NASDAQ:VRNS – Get Free Report) last released its earnings results on Tuesday, November 3rd. The technology company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.06. Varonis Systems had a negative return on equity of 21.47% and a negative net margin of 21.38%. The company had revenue of $189.46 million during the quarter, compared to the consensus estimate of $186.74 million. During the same quarter in the previous year, the company posted $0.06 earnings per share. The firm’s quarterly revenue was up 17.3% on a year-over-year basis. As a group, equities analysts forecast that Varonis Systems will post -0.95 EPS for the current year.

Hedge Funds Weigh In On Varonis Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Quantinno Capital Management LP raised its position in shares of Varonis Systems by 59.0% in the 1st quarter. Quantinno Capital Management LP now owns 76,843 shares of the technology company’s stock valued at $1,650,000 after acquiring an additional 28,512 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Varonis Systems by 218.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,409,487 shares of the technology company’s stock worth $30,262,000 after acquiring an additional 966,817 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Varonis Systems by 17.1% during the first quarter. Bank of New York Mellon Corp now owns 552,203 shares of the technology company’s stock valued at $11,856,000 after purchasing an additional 80,743 shares during the period. California State Teachers Retirement System grew its holdings in Varonis Systems by 23.1% during the first quarter. California State Teachers Retirement System now owns 132,215 shares of the technology company’s stock valued at $2,839,000 after purchasing an additional 24,775 shares during the period. Finally, Trillium Asset Management LLC bought a new stake in Varonis Systems in the second quarter valued at approximately $3,477,000. Institutional investors own 95.65% of the company’s stock.

Key Varonis Systems News

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

Positive Sentiment: Q3 revenue and adjusted earnings increased, while SaaS annual recurring revenue also rose—supporting the company’s cloud transition and recurring-revenue growth. Article: Varonis Systems stock posts Q3 revenue growth as SaaS ARR rises
Neutral Sentiment: TD Cowen assigned Varonis a Hold rating, signaling a more cautious, wait-and-see view. Article: Varonis Systems gets a Hold from TD Cowen
Neutral Sentiment: A director’s reported purchase of 1,015 shares is a modest insider-confidence signal, though the transaction was dated February 19 and the shares were bought at $25.72. SEC Form 4 filing
Negative Sentiment: Susquehanna downgraded VRNS from Positive to Neutral and cut its target from $55 to $49.75, leaving limited indicated upside at the cited share price. Susquehanna rating information
Negative Sentiment: Cantor Fitzgerald also reduced its target from $55 to $49.75, despite retaining an Overweight rating. The cut reinforces concerns about valuation after the stock’s strong run. Cantor Fitzgerald rating information

Varonis Systems Company Profile

(Get Free Report)

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.