B. Riley Financial Issues Positive Forecast for Varonis Systems (NASDAQ:VRNS) Stock Price

Varonis Systems (NASDAQ:VRNS) had its price objective hoisted by B. Riley Financial from $45.00 to $55.00 in a research report report published on Friday,Benzinga reports. They currently have a buy rating on the technology company’s stock.

Several other research analysts also recently commented on the company. Royal Bank Of Canada raised their target price on Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. DA Davidson boosted their target price on Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Needham & Company LLC upped their target price on Varonis Systems from $36.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Barclays increased their target price on Varonis Systems from $33.00 to $52.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. Finally, TD Cowen lifted their price target on shares of Varonis Systems from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Varonis Systems currently has a consensus rating of “Moderate Buy” and an average price target of $45.42.

Varonis Systems Stock Up 2.1%

Shares of VRNS opened at $45.74 on Friday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $5.25 billion, a PE ratio of -40.12 and a beta of 0.83. The firm’s 50 day moving average is $37.99 and its 200-day moving average is $30.42. Varonis Systems has a 12 month low of $19.70 and a 12 month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.11. The business had revenue of $173.13 million during the quarter, compared to analysts’ expectations of $165.52 million. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. Varonis Systems’s quarterly revenue 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. Equities research analysts forecast that Varonis Systems will post -1.05 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Jacobs Levy Equity Management Inc. bought a new position in Varonis Systems during the fourth quarter valued at approximately $48,263,000. First Trust Advisors LP lifted its holdings in shares of Varonis Systems by 40.6% in the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock worth $145,214,000 after buying an additional 1,279,002 shares during the period. Senvest Management LLC increased its holdings in Varonis Systems by 406.1% during the first quarter. Senvest Management LLC now owns 1,448,943 shares of the technology company’s stock valued at $31,109,000 after buying an additional 1,162,651 shares during the period. Pictet Asset Management Holding SA raised its holdings in Varonis Systems by 99.1% in the fourth quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock worth $71,480,000 after purchasing an additional 1,084,267 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of 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 valued at $30,262,000 after purchasing an additional 966,817 shares during the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

About Varonis Systems

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.