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

Varonis Systems, Inc. (NASDAQ:VRNS) has been assigned an average recommendation of “Moderate Buy” from the twenty-four analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, sixteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $42.15.

A number of brokerages recently issued reports on VRNS. Needham & Company LLC upped their target price on Varonis Systems from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Royal Bank Of Canada lifted their price target on Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. UBS Group boosted their price objective on Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Rosenblatt Securities initiated coverage on Varonis Systems in a report on Tuesday, May 12th. They issued a “buy” rating and a $40.00 price objective for the company. Finally, William Blair restated a “market perform” rating on shares of Varonis Systems in a research report on Monday, March 23rd.

Varonis Systems Price Performance

Varonis Systems stock opened at $42.86 on Friday. The stock has a market cap of $4.92 billion, a PE ratio of -37.60 and a beta of 0.83. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.69 and a quick ratio of 1.69. The stock’s fifty day moving average is $32.21 and its two-hundred day moving average is $29.06. Varonis Systems has a 1-year low of $19.70 and a 1-year 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 for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.11. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The company had revenue of $173.13 million for the quarter, compared to analysts’ expectations of $165.52 million. The company’s 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. On average, sell-side analysts expect that Varonis Systems will post -1.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of VRNS. Dynamic Technology Lab Private Ltd acquired a new position in Varonis Systems in the first quarter valued at $233,000. Caxton Associates LLP acquired a new stake in shares of Varonis Systems during the first quarter worth about $200,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Varonis Systems by 11.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 619,257 shares of the technology company’s stock worth $25,049,000 after buying an additional 64,636 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Varonis Systems by 2.8% during the second quarter. Russell Investments Group Ltd. now owns 22,811 shares of the technology company’s stock worth $1,158,000 after buying an additional 628 shares during the last quarter. Finally, Invesco Ltd. increased its position in Varonis Systems by 8.6% in the 2nd quarter. Invesco Ltd. now owns 96,536 shares of the technology company’s stock valued at $4,899,000 after acquiring an additional 7,618 shares during the period. 95.65% of the stock is owned by hedge funds and other institutional investors.

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.