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

Key Points

• Varonis Systems has a “Moderate Buy” consensus rating from 24 brokerages, with 17 buy ratings, six holds and one sell. The average 12-month price target is approximately $49.05.
• The company exceeded quarterly expectations, reporting EPS of $0.04 versus the $0.01 estimate and revenue of $180.02 million versus $176.83 million expected; revenue increased 18.3% year over year.
• VRNS shares opened at $41.23, while institutional investors own a substantial 95.65% of outstanding stock; several major funds, including Vanguard and Arrowstreet Capital, recently increased their positions.

Varonis Systems, Inc. (NASDAQ:VRNS - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the twenty-four brokerages that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have assigned a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $49.0526.

Several equities analysts have weighed in on VRNS shares. TD Cowen lifted their price objective on Varonis Systems from $50.00 to $53.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Citigroup raised their price target on Varonis Systems from $30.00 to $45.00 and gave the stock a "neutral" rating in a research report on Thursday, July 30th. Rosenblatt Securities reaffirmed a "buy" rating and set a $55.00 price objective on shares of Varonis Systems in a research report on Wednesday, July 29th. JPMorgan Chase & Co. increased their price objective on shares of Varonis Systems from $39.00 to $55.00 and gave the stock an "overweight" rating in a research note on Monday, July 27th. Finally, Barclays decreased their target price on shares of Varonis Systems from $52.00 to $50.00 and set an "overweight" rating on the stock in a report on Wednesday, July 29th.

Varonis Systems Stock Performance

Shares of VRNS opened at $41.23 on Monday. The company has a market cap of $4.74 billion, a PE ratio of -33.52 and a beta of 0.83. The firm has a 50-day moving average of $42.15 and a 200-day moving average of $31.68. 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.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.03. The company had revenue of $180.02 million during the quarter, compared to analysts' expectations of $176.83 million. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%.The business's revenue was up 18.3% on a year-over-year basis. During the same period last year, the firm posted $0.03 earnings per share. 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. As a group, equities analysts forecast that Varonis Systems will post -0.97 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VRNS. Fideuram Asset Management Ireland dac bought a new stake in Varonis Systems during the 4th quarter worth approximately $2,784,000. Quantinno Capital Management LP lifted its stake in Varonis Systems by 59.0% in the 1st quarter. Quantinno Capital Management LP now owns 76,843 shares of the technology company's stock worth $1,650,000 after purchasing an additional 28,512 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Varonis Systems by 218.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,409,487 shares of the technology company's stock valued at $30,262,000 after purchasing an additional 966,817 shares during the period. Vanguard Group Inc. boosted its holdings in Varonis Systems by 6.5% in the 4th quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company's stock valued at $440,119,000 after purchasing an additional 822,925 shares during the period. Finally, California State Teachers Retirement System grew its position in shares of Varonis Systems by 23.1% during the 1st quarter. California State Teachers Retirement System now owns 132,215 shares of the technology company's stock valued at $2,839,000 after purchasing an additional 24,775 shares in the last quarter. Institutional investors and hedge funds own 95.65% of the company's stock.

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.

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