Q3 EPS Estimates for Varonis Systems Reduced by DA Davidson

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) - Equities researchers at DA Davidson decreased their Q3 2025 earnings per share (EPS) estimates for Varonis Systems in a research note issued to investors on Wednesday, September 3rd. DA Davidson analyst R. Kessinger now anticipates that the technology company will post earnings of ($0.20) per share for the quarter, down from their previous forecast of ($0.18). DA Davidson has a "Neutral" rating and a $50.00 price objective 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.

VRNS has been the subject of several other reports. Wells Fargo & Company raised shares of Varonis Systems from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $51.00 to $70.00 in a research report on Monday, August 11th. Robert W. Baird upped their price target on shares of Varonis Systems from $58.00 to $63.00 and gave the company an "outperform" rating in a report on Wednesday, July 30th. Cantor Fitzgerald reissued an "overweight" rating and set a $60.00 price objective on shares of Varonis Systems in a research note on Tuesday, July 22nd. Jefferies Financial Group raised shares of Varonis Systems from a "hold" rating to a "buy" rating and increased their price objective for the stock from $50.00 to $65.00 in a research report on Thursday, July 24th. Finally, Wedbush reaffirmed an "outperform" rating and set a $65.00 price target on shares of Varonis Systems in a report on Wednesday. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $61.65.

Varonis Systems Stock Up 0.5%

Shares of NASDAQ:VRNS traded up $0.30 during trading on Friday, hitting $56.03. The company's stock had a trading volume of 952,768 shares, compared to its average volume of 1,377,126. The business has a 50 day moving average price of $54.60 and a two-hundred day moving average price of $47.79. The company has a market capitalization of $6.28 billion, a PE ratio of -60.90 and a beta of 0.67. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.38 and a current ratio of 1.38. Varonis Systems has a fifty-two week low of $36.53 and a fifty-two week high of $60.58.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The technology company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.02. The firm had revenue of $152.16 million for the quarter, compared to analyst estimates of $147.80 million. Varonis Systems had a negative net margin of 17.30% and a negative return on equity of 23.06%. Varonis Systems's quarterly revenue was up 16.7% compared to the same quarter last year. During the same period last year, the company 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.

Insider Activity at Varonis Systems

In other Varonis Systems news, CFO Guy Melamed sold 51,889 shares of the business's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $55.10, for a total value of $2,859,083.90. Following the completion of the sale, the chief financial officer directly owned 470,602 shares of the company's stock, valued at $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 is available at this hyperlink. Also, Director Den Bosch Fred Van sold 3,000 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $55.08, for a total transaction of $165,240.00. Following the completion of the sale, the director directly owned 128,666 shares of the company's stock, valued at $7,086,923.28. This represents a 2.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 113,386 shares of company stock worth $6,429,405. 2.30% of the stock is currently owned by insiders.

Institutional Trading of Varonis Systems

A number of institutional investors and hedge funds have recently modified their holdings of VRNS. Bessemer Group Inc. grew its stake in Varonis Systems by 179.1% during the second quarter. Bessemer Group Inc. now owns 494 shares of the technology company's stock worth $25,000 after buying an additional 317 shares during the last quarter. Quarry LP grew its stake in shares of Varonis Systems by 31.8% during the 1st quarter. Quarry LP now owns 1,082 shares of the technology company's stock worth $44,000 after acquiring an additional 261 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Varonis Systems by 344.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,213 shares of the technology company's stock valued at $62,000 after buying an additional 940 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Varonis Systems in the first quarter valued at $69,000. Finally, Evelyn Partners Investment Management LLP grew its stake in shares of Varonis Systems by 13,746.2% in the second quarter. Evelyn Partners Investment Management LLP now owns 1,800 shares of the technology company's stock valued at $91,000 after buying an additional 1,787 shares in the last quarter. 95.65% of the stock is currently owned by institutional investors and hedge funds.

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.