Varonis Systems, Inc. (NASDAQ:VRNS) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts broadly favor Varonis Systems: Twenty-four analysts give the stock a consensus “Moderate Buy” rating, with 16 buys, seven holds and one sell. The average 12-month price target is approximately $49.79.
• Recent results exceeded expectations: Varonis reported quarterly EPS of $0.04 versus the $0.01 consensus estimate, while revenue of $180.02 million increased 18.3% year over year and topped forecasts.
• Institutional ownership is substantial: Institutional investors own 95.65% of the company, with several firms—including Senvest Management and Arrowstreet Capital—significantly increasing their positions.

Varonis Systems, Inc. (NASDAQ:VRNS - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty-four analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $49.7895.

A number of equities research analysts recently commented on VRNS shares. TD Cowen raised their price objective on shares of Varonis Systems from $50.00 to $53.00 and gave the stock a "buy" rating in a report on Wednesday, July 29th. Piper Sandler increased their target price on Varonis Systems from $47.00 to $58.00 and gave the stock an "overweight" rating in a report on Wednesday, July 29th. KeyCorp initiated coverage on Varonis Systems in a research note on Tuesday, May 26th. They issued a "sector weight" rating on the stock. UBS Group lifted their price target on Varonis Systems from $37.00 to $58.00 and gave the company a "buy" rating in a research note on Tuesday, July 21st. Finally, Stephens upgraded Varonis Systems from an "equal weight" rating to an "overweight" rating and boosted their price target for the company from $33.00 to $45.00 in a report on Wednesday, June 24th.

Varonis Systems Trading Up 2.2%

NASDAQ VRNS opened at $47.81 on Friday. Varonis Systems has a one year low of $19.70 and a one year high of $63.90. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.65 and a quick ratio of 1.65. The firm has a market cap of $5.49 billion, a P/E ratio of -38.87 and a beta of 0.82. The stock's 50-day moving average is $44.38 and its 200-day moving average is $34.45.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last posted its earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.01 by $0.03. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%.The business had revenue of $180.02 million during the quarter, compared to analysts' expectations of $176.83 million. During the same period in the prior year, the business earned $0.03 EPS. Varonis Systems's revenue for the quarter was up 18.3% compared to the same quarter last year. Varonis Systems has set its FY 2026 guidance at 0.140-0.150 EPS and its Q3 2026 guidance at 0.020-0.030 EPS. Sell-side analysts anticipate that Varonis Systems will post -0.96 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Varonis Systems

Several institutional investors have recently bought and sold shares of the company. American Capital Management Inc. bought a new position in shares of Varonis Systems in the 2nd quarter valued at $94,062,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Varonis Systems during the 2nd quarter worth $61,262,000. Senvest Management LLC lifted its position in shares of Varonis Systems by 406.1% during the 1st quarter. Senvest Management LLC now owns 1,448,943 shares of the technology company's stock worth $31,109,000 after buying an additional 1,162,651 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Varonis Systems by 218.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,409,487 shares of the technology company's stock valued at $30,262,000 after acquiring an additional 966,817 shares during the last quarter. Finally, Pictet Asset Management Holding SA raised its stake in Varonis Systems by 43.4% during the first quarter. Pictet Asset Management Holding SA now owns 3,123,056 shares of the technology company's stock worth $67,029,000 after acquiring an additional 944,676 shares in the last quarter. Institutional investors own 95.65% of the company's stock.

About Varonis Systems

Varonis Systems, Inc NASDAQ: VRNS is a cybersecurity company that helps organizations protect and manage their data. Its platform focuses on securing sensitive information stored across cloud environments, software-as-a-service applications, data centers and other enterprise systems.

The Varonis Data Security Platform provides capabilities for data discovery and classification, access governance, threat detection, data activity monitoring and automated remediation. Its products are designed to identify sensitive or exposed data, reduce excessive access permissions, detect suspicious behavior and help organizations respond to risks involving files, emails and other unstructured data.

Founded in 2005, Varonis serves businesses and institutions internationally through a combination of direct sales and channel partners.

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