Varonis Systems, Inc. (NASDAQ:VRNS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Varonis Systems, Inc. (NASDAQ:VRNS) have been given a consensus recommendation of “Moderate Buy” by the twenty-four ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $41.35.

A number of research firms have recently issued reports on VRNS. Wells Fargo & Company increased their target price on Varonis Systems from $28.00 to $35.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Susquehanna increased their target price on Varonis Systems from $30.00 to $36.00 and gave the company a “positive” rating in a research note on Wednesday, April 29th. Royal Bank Of Canada increased their target price on Varonis Systems from $30.00 to $36.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Barclays increased their target price on Varonis Systems from $28.00 to $33.00 and gave the company an “overweight” rating in a research note on Wednesday, April 29th. Finally, DA Davidson increased their target price on Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th.

Institutional Investors Weigh In On Varonis Systems

A number of hedge funds have recently bought and sold shares of the business. Signaturefd LLC grew its stake in Varonis Systems by 47.8% during the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock valued at $33,000 after purchasing an additional 322 shares in the last quarter. Savant Capital LLC grew its stake in Varonis Systems by 1.7% during the 3rd quarter. Savant Capital LLC now owns 20,016 shares of the technology company’s stock valued at $1,150,000 after purchasing an additional 339 shares in the last quarter. CI Investments Inc. grew its stake in Varonis Systems by 48.5% during the 3rd quarter. CI Investments Inc. now owns 1,050 shares of the technology company’s stock valued at $60,000 after purchasing an additional 343 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Varonis Systems by 28.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,561 shares of the technology company’s stock valued at $90,000 after purchasing an additional 348 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its stake in Varonis Systems by 5.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 6,692 shares of the technology company’s stock valued at $340,000 after purchasing an additional 351 shares in the last quarter. Institutional investors and hedge funds own 95.65% of the company’s stock.

Varonis Systems Price Performance

VRNS stock opened at $32.48 on Wednesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.69 and a current ratio of 1.69. Varonis Systems has a 1 year low of $19.70 and a 1 year high of $63.90. The firm has a market cap of $3.73 billion, a P/E ratio of -28.49 and a beta of 0.89. The stock has a 50-day simple moving average of $27.19 and a 200-day simple moving average of $28.46.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.11. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The business had revenue of $173.13 million during the quarter, compared to analyst estimates of $165.52 million. The company’s revenue for the quarter was up 26.9% on a year-over-year basis. Varonis Systems has set its FY 2026 guidance at 0.110-0.120 EPS and its Q2 2026 guidance at 0.000-0.010 EPS. On average, equities analysts predict that Varonis Systems will post -1.04 earnings per share for the current fiscal year.

Varonis Systems Company Profile

Varonis Systems is a cybersecurity firm specializing in the protection and management of unstructured data. The company’s flagship Data Security Platform provides advanced analytics for monitoring file systems, email servers, collaboration platforms and cloud storage. By continuously mapping and analyzing data permissions and user behavior, Varonis enables organizations to detect insider threats, verify compliance and remediate exposed data in real time.

Founded in 2005 and headquartered in New York City, Varonis serves a diverse global customer base across financial services, healthcare, media, manufacturing and government.