Analysts Set Expectations for Varonis Systems FY2026 Earnings

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

Varonis Systems (NASDAQ:VRNS - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The technology company reported ($0.31) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.26). Varonis Systems had a negative return on equity of 20.35% and a negative net margin of 17.38%. The business had revenue of $136.42 million for the quarter, compared to analyst estimates of $133.10 million. During the same quarter in the prior year, the firm earned ($0.03) EPS. The firm's quarterly revenue was up 19.6% compared to the same quarter last year.

VRNS has been the topic of several other reports. JPMorgan Chase & Co. reduced their price target 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. UBS Group raised their target price on Varonis Systems from $55.00 to $60.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Morgan Stanley lowered their price target on Varonis Systems from $54.00 to $46.00 and set an "overweight" rating for the company in a research note on Wednesday, April 16th. Wall Street Zen raised shares of Varonis Systems from a "sell" rating to a "hold" rating in a research note on Monday, April 28th. Finally, Barclays decreased their price objective on shares of Varonis Systems from $60.00 to $52.00 and set an "overweight" rating for the company in a report on Monday, April 14th. Six research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $55.06.

Varonis Systems Trading Down 0.6%

Shares of Varonis Systems stock traded down $0.28 on Tuesday, hitting $49.02. 1,199,952 shares of the company's stock traded hands, compared to its average volume of 1,536,789. The firm's 50-day moving average price is $44.76 and its two-hundred day moving average price is $44.36. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market capitalization of $5.49 billion, a PE ratio of -57.00 and a beta of 0.76. Varonis Systems has a one year low of $36.53 and a one year high of $60.58.

Hedge Funds Weigh In On Varonis Systems

A number of large investors have recently bought and sold shares of the company. Quarry LP boosted its holdings in Varonis Systems by 31.8% during the first quarter. Quarry LP now owns 1,082 shares of the technology company's stock worth $44,000 after purchasing an additional 261 shares during the last quarter. Mutual of America Capital Management LLC lifted its position in Varonis Systems by 0.3% during the 1st quarter. Mutual of America Capital Management LLC now owns 85,255 shares of the technology company's stock worth $3,449,000 after buying an additional 284 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Varonis Systems by 7.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,340 shares of the technology company's stock worth $193,000 after buying an additional 298 shares during the last quarter. Teza Capital Management LLC boosted its stake in shares of Varonis Systems by 3.1% during the 4th quarter. Teza Capital Management LLC now owns 9,840 shares of the technology company's stock worth $437,000 after buying an additional 299 shares during the last quarter. Finally, Summit Investment Advisors Inc. grew its holdings in shares of Varonis Systems by 3.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 11,534 shares of the technology company's stock valued at $512,000 after acquiring an additional 365 shares in the last quarter. Institutional investors and hedge funds own 95.65% of the company's stock.

Insider Buying and Selling

In related news, Director Den Bosch Fred Van sold 6,000 shares of the stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $50.00, for a total transaction of $300,000.00. Following the completion of the transaction, the director now directly owns 131,666 shares in the company, valued at approximately $6,583,300. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.30% of the stock is currently owned by company insiders.

About Varonis Systems

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.