Free Trial

Varonis Systems (NASDAQ:VRNS) Stock Price Expected to Rise, Barclays Analyst Says

Varonis Systems logo with Computer and Technology background

Varonis Systems (NASDAQ:VRNS - Get Free Report) had its price target upped by investment analysts at Barclays from $54.00 to $60.00 in a research note issued on Monday,Benzinga reports. The firm presently has an "overweight" rating on the technology company's stock. Barclays's target price points to a potential upside of 18.95% from the company's previous close.

Several other equities research analysts have also recently commented on VRNS. Jefferies Financial Group dropped their target price on shares of Varonis Systems from $50.00 to $45.00 and set a "hold" rating for the company in a research report on Monday, March 31st. Wall Street Zen raised Varonis Systems from a "sell" rating to a "hold" rating in a research report on Monday, April 28th. Wolfe Research raised Varonis Systems from a "peer perform" rating to an "outperform" rating and set a $50.00 target price for the company in a research report on Friday, March 28th. JPMorgan Chase & Co. dropped 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. Finally, Royal Bank Of Canada upped their price target on Varonis Systems from $55.00 to $58.00 and gave the stock an "outperform" rating in a research note on Wednesday, May 7th. Six research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Varonis Systems presently has an average rating of "Moderate Buy" and an average price target of $55.50.

View Our Latest Stock Report on VRNS

Varonis Systems Trading Up 1.7%

Shares of NASDAQ VRNS traded up $0.86 during trading hours on Monday, hitting $50.44. The company's stock had a trading volume of 1,450,376 shares, compared to its average volume of 1,547,243. Varonis Systems has a 12 month low of $36.53 and a 12 month high of $60.58. The stock has a market cap of $5.65 billion, a price-to-earnings ratio of -62.27 and a beta of 0.76. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.15 and a current ratio of 1.15. The business has a 50-day simple moving average of $48.62 and a 200-day simple moving average of $44.66.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The technology company reported ($0.31) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.26). Varonis Systems had a negative return on equity of 20.01% and a negative net margin of 15.88%. The business had revenue of $136.42 million during the quarter, compared to analysts' expectations of $133.10 million. During the same quarter last year, the business posted ($0.03) EPS. The company's quarterly revenue was up 19.6% compared to the same quarter last year. On average, analysts anticipate that Varonis Systems will post -0.83 earnings per share for the current fiscal year.

Insider Buying and Selling at Varonis Systems

In related news, Director Den Bosch Fred Van sold 6,000 shares of the company's stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $50.00, for a total value of $300,000.00. Following the transaction, the director directly owned 131,666 shares of the company's stock, valued at approximately $6,583,300. This represents a 4.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Quarry LP bought a new stake in Varonis Systems in the 4th quarter worth about $36,000. Johnson Financial Group Inc. purchased a new stake in shares of Varonis Systems during the 4th quarter valued at about $61,000. Transce3nd LLC bought a new stake in shares of Varonis Systems in the fourth quarter worth approximately $62,000. New Age Alpha Advisors LLC bought a new stake in shares of Varonis Systems in the fourth quarter worth approximately $70,000. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Varonis Systems during the first quarter valued at approximately $69,000. Hedge funds and other institutional investors own 95.65% of the company's stock.

About Varonis Systems

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Varonis Systems (NASDAQ:VRNS)

Should You Invest $1,000 in Varonis Systems Right Now?

Before you consider Varonis Systems, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Varonis Systems wasn't on the list.

While Varonis Systems currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for July 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines