Q3 Earnings Estimate for Varonis Systems Issued By Wedbush

Key Points

• Wedbush has lowered its Q3 2025 earnings per share (EPS) estimate for Varonis Systems from ($0.18) to ($0.21), while maintaining an "Outperform" rating and a price target of $65.00.
• Other analysts have raised their price targets on Varonis Systems, with Wells Fargo increasing theirs from $51.00 to $70.00, indicating strong buy sentiment among brokerages.
• Despite recent insider sales, institutional investors hold 95.65% of Varonis Systems' stock, reflecting significant confidence in the company's future performance.

Varonis Systems, Inc. (NASDAQ:VRNS - Free Report) - Stock analysts at Wedbush cut their Q3 2025 earnings estimates for shares of Varonis Systems in a research note issued to investors on Wednesday, September 3rd. Wedbush analyst D. Ives now anticipates that the technology company will post earnings of ($0.21) per share for the quarter, down from their previous estimate of ($0.18). Wedbush has a "Outperform" rating and a $65.00 price objective on the stock. The consensus estimate for Varonis Systems' current full-year earnings is ($0.83) per share. Wedbush also issued estimates for Varonis Systems' Q4 2025 earnings at ($0.22) EPS, FY2025 earnings at ($0.90) EPS, Q1 2026 earnings at ($0.28) EPS and FY2026 earnings at ($0.74) EPS.

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

VRNS has been the topic of a number of other reports. Wells Fargo & Company upgraded shares of Varonis Systems from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $51.00 to $70.00 in a research note on Monday, August 11th. Cantor Fitzgerald restated an "overweight" rating and issued a $60.00 price objective on shares of Varonis Systems in a report on Tuesday, July 22nd. Jefferies Financial Group raised Varonis Systems from a "hold" rating to a "buy" rating and upped their target price for the stock from $50.00 to $65.00 in a research report on Thursday, July 24th. DA Davidson increased their price objective on Varonis Systems from $47.00 to $50.00 and gave the company a "neutral" rating in a research report on Wednesday, July 30th. Finally, Robert W. Baird raised their target price on Varonis Systems from $58.00 to $63.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 30th. Fourteen equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Varonis Systems currently has an average rating of "Moderate Buy" and a consensus target price of $61.65.

Varonis Systems Stock Up 0.5%

VRNS stock traded up $0.30 during mid-day trading on Friday, hitting $56.03. 952,768 shares of the company were exchanged, compared to its average volume of 1,377,126. The company has a market capitalization of $6.28 billion, a PE ratio of -60.90 and a beta of 0.67. The firm has a fifty day simple moving average of $54.60 and a 200 day simple moving average of $47.79. 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 twelve month low of $36.53 and a twelve month high of $60.58.

Insider Activity at Varonis Systems

In other Varonis Systems news, Director Den Bosch Fred Van sold 3,000 shares of the company's stock in a transaction 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 of the company's stock, valued at $7,086,923.28. This represents a 2.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Guy Melamed sold 51,889 shares of the company's stock in a transaction on 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 sale, the chief financial officer owned 470,602 shares of the company's stock, valued at approximately $25,930,170.20. This represents a 9.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 113,386 shares of company stock worth $6,429,405 in the last ninety days. Insiders own 2.30% of the company's stock.

Institutional Investors Weigh In On Varonis Systems

A number of hedge funds have recently added to or reduced their stakes in VRNS. Goldman Sachs Group Inc. raised its stake in shares of Varonis Systems by 26.2% in the first quarter. Goldman Sachs Group Inc. now owns 4,084,830 shares of the technology company's stock valued at $165,231,000 after buying an additional 848,408 shares during the period. First Trust Advisors LP raised its position in Varonis Systems by 5.5% during the 2nd quarter. First Trust Advisors LP now owns 2,917,391 shares of the technology company's stock valued at $148,058,000 after purchasing an additional 152,477 shares during the last quarter. RGM Capital LLC raised its position in Varonis Systems by 45.5% during the 1st quarter. RGM Capital LLC now owns 2,706,531 shares of the technology company's stock valued at $109,479,000 after purchasing an additional 846,475 shares during the last quarter. Geode Capital Management LLC raised its position in Varonis Systems by 0.3% during the 2nd quarter. Geode Capital Management LLC now owns 2,670,343 shares of the technology company's stock valued at $135,537,000 after purchasing an additional 7,342 shares during the last quarter. Finally, Voya Investment Management LLC raised its position in Varonis Systems by 98.6% during the 1st quarter. Voya Investment Management LLC now owns 2,321,317 shares of the technology company's stock valued at $93,897,000 after purchasing an additional 1,152,687 shares during the last quarter. Institutional investors and hedge funds own 95.65% of the company's stock.

Varonis Systems Company Profile

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.