Analysts Issue Forecasts for Varonis Systems FY2026 Earnings

Varonis Systems, Inc. (NASDAQ:VRNS) – Stock analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for Varonis Systems in a report released on Monday, June 9th. Cantor Fitzgerald analyst J. Ruykhaver expects that the technology company will post earnings of ($0.65) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $60.00 target price on the stock. The consensus estimate for Varonis Systems’ current full-year earnings is ($0.83) per share.

Varonis Systems (NASDAQ:VRNS) last issued its earnings results on Tuesday, May 6th. The technology company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.26). The firm had revenue of $136.42 million during the quarter, compared to analysts’ expectations of $133.10 million. Varonis Systems had a negative return on equity of 20.35% and a negative net margin of 17.38%. The company’s quarterly revenue was up 19.6% compared to the same quarter last year. During the same period last year, the business posted ($0.03) earnings per share.

VRNS has been the subject of several other reports. JPMorgan Chase & Co. dropped their target price on Varonis Systems from $55.00 to $45.00 and set an “overweight” rating on the stock in a research report on Monday, April 28th. Royal Bank of Canada upped their price target on shares of Varonis Systems from $55.00 to $58.00 and gave the company an “outperform” rating in a report on Wednesday, May 7th. Barclays cut their price objective on Varonis Systems from $60.00 to $52.00 and set an “overweight” rating on the stock in a research note on Monday, April 14th. Wall Street Zen raised Varonis Systems from a “sell” rating to a “hold” rating in a research report on Monday, April 28th. Finally, Morgan Stanley reduced their price target on shares of Varonis Systems from $54.00 to $46.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 16th. Six investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Varonis Systems currently has an average rating of “Moderate Buy” and a consensus price target of $55.06.

Varonis Systems Stock Down 0.5%

Shares of NASDAQ VRNS opened at $50.23 on Tuesday. The stock has a fifty day moving average price of $44.54 and a 200 day moving average price of $44.36. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.99. Varonis Systems has a 12-month low of $36.53 and a 12-month high of $60.58. The company has a market cap of $5.62 billion, a P/E ratio of -58.41 and a beta of 0.76.

Institutional Investors Weigh In On Varonis Systems

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in shares of Varonis Systems by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 12,246,769 shares of the technology company’s stock worth $544,124,000 after acquiring an additional 193,210 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Varonis Systems by 26.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,084,830 shares of the technology company’s stock worth $165,231,000 after purchasing an additional 848,408 shares in the last quarter. RGM Capital LLC lifted its holdings in shares of Varonis Systems by 45.5% during the 1st quarter. RGM Capital LLC now owns 2,706,531 shares of the technology company’s stock valued at $109,479,000 after buying an additional 846,475 shares during the last quarter. First Trust Advisors LP grew its stake in shares of Varonis Systems by 4.8% in the 4th quarter. First Trust Advisors LP now owns 2,501,581 shares of the technology company’s stock valued at $111,145,000 after buying an additional 113,573 shares in the last quarter. Finally, William Blair Investment Management LLC increased its holdings in Varonis Systems by 2.4% in the fourth quarter. William Blair Investment Management LLC now owns 2,290,114 shares of the technology company’s stock worth $101,750,000 after buying an additional 52,971 shares during the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Insider Activity

In other news, Director Den Bosch Fred Van sold 6,000 shares of the company’s stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $50.00, for a total value of $300,000.00. Following the transaction, the director now owns 131,666 shares in the company, valued at $6,583,300. This represents a 4.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.60% of the stock is currently owned by company insiders.

Varonis Systems Company Profile

Varonis Systems, Inc provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; source code, strategic and product plans; and other intellectual property.