Q3 EPS Estimate for Varonis Systems Decreased by Analyst

Key Points

• DA Davidson has reduced its Q3 2025 earnings per share estimate for Varonis Systems to ($0.20) from ($0.18), maintaining a "Neutral" rating with a $50.00 price target.
• Varonis Systems reported $0.03 EPS in its last quarter, exceeding estimates, with revenue up 16.7% year-over-year at $152.16 million.
• Several analysts have upgraded their ratings and price targets for Varonis Systems, with Morgan Stanley boosting its price target to $66.00 and Jefferies raising it to $65.00.

Varonis Systems, Inc. (NASDAQ:VRNS - Free Report) - Stock analysts at DA Davidson decreased their Q3 2025 earnings per share estimates for shares of Varonis Systems in a research note issued to investors on Wednesday, September 3rd. DA Davidson analyst R. Kessinger now expects that the technology company will post earnings per share of ($0.20) for the quarter, down from their prior forecast of ($0.18). DA Davidson currently has a "Neutral" rating and a $50.00 target price on the stock. The consensus estimate for Varonis Systems' current full-year earnings is ($0.83) per share. DA Davidson also issued estimates for Varonis Systems' FY2025 earnings at ($0.90) EPS and FY2026 earnings at ($0.84) EPS.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The technology company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.02. The company had revenue of $152.16 million for the quarter, compared to the consensus estimate of $147.80 million. Varonis Systems had a negative return on equity of 23.06% and a negative net margin of 17.30%.The company's quarterly revenue was up 16.7% compared to the same quarter last year. During the same period last year, the business posted $0.05 EPS. Varonis Systems has set its FY 2025 guidance at 0.160-0.180 EPS. Q3 2025 guidance at 0.070-0.080 EPS.

Other research analysts have also recently issued research reports about the company. Morgan Stanley boosted their price objective on Varonis Systems from $59.00 to $66.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 2nd. Wells Fargo & Company upgraded Varonis Systems from an "equal weight" rating to an "overweight" rating and increased their target price for the company from $51.00 to $70.00 in a research note on Monday, August 11th. Royal Bank Of Canada reissued an "outperform" rating and set a $64.00 price target on shares of Varonis Systems in a research report on Wednesday, September 3rd. Robert W. Baird boosted their price target on Varonis Systems from $58.00 to $63.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $60.00 price target on shares of Varonis Systems in a research report on Tuesday, July 22nd. Fourteen research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $61.65.

Varonis Systems Trading Down 1.7%

Shares of Varonis Systems stock traded down $0.98 during trading hours on Friday, reaching $56.38. The stock had a trading volume of 239,781 shares, compared to its average volume of 1,542,035. The firm has a 50 day simple moving average of $54.88 and a two-hundred day simple moving average of $47.96. The firm has a market capitalization of $6.32 billion, a price-to-earnings ratio of -61.33 and a beta of 0.67. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 1.32. Varonis Systems has a 1 year low of $36.53 and a 1 year high of $60.58.

Institutional Investors Weigh In On Varonis Systems

A number of institutional investors have recently made changes to their positions in the company. Osaic Holdings Inc. increased its holdings in shares of Varonis Systems by 10.5% in the 2nd quarter. Osaic Holdings Inc. now owns 4,647 shares of the technology company's stock valued at $234,000 after acquiring an additional 440 shares during the last quarter. State of Wyoming increased its holdings in shares of Varonis Systems by 1,516.5% in the 2nd quarter. State of Wyoming now owns 13,546 shares of the technology company's stock valued at $687,000 after acquiring an additional 12,708 shares during the last quarter. Castleark Management LLC bought a new stake in shares of Varonis Systems in the 2nd quarter valued at approximately $4,359,000. CANADA LIFE ASSURANCE Co increased its holdings in shares of Varonis Systems by 3.4% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 209,656 shares of the technology company's stock valued at $10,633,000 after acquiring an additional 6,841 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Varonis Systems by 449.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 16,081 shares of the technology company's stock valued at $816,000 after acquiring an additional 13,155 shares during the last quarter. 95.65% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Guy Melamed sold 51,889 shares of the business's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $55.10, for a total value of $2,859,083.90. Following the transaction, the chief financial officer owned 470,602 shares in the company, valued at approximately $25,930,170.20. The trade was a 9.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Den Bosch Fred Van sold 3,000 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $55.08, for a total value of $165,240.00. Following the transaction, the director directly owned 128,666 shares in the company, valued at approximately $7,086,923.28. This represents a 2.28% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 113,386 shares of company stock worth $6,429,405. Insiders own 2.30% of the company's stock.

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.