Varonis Systems, Inc. (NASDAQ:VRNS) Given Average Recommendation of “Moderate Buy” by Analysts

Varonis Systems, Inc. (NASDAQ:VRNS) has earned an average rating of “Moderate Buy” from the twenty-two research firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $59.7895.

VRNS has been the subject of a number of recent analyst reports. Baird R W lowered shares of Varonis Systems from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 29th. Morgan Stanley upped their price objective on shares of Varonis Systems from $59.00 to $66.00 and gave the company an “overweight” rating in a research report on Tuesday, September 2nd. Royal Bank Of Canada lowered their target price on Varonis Systems from $72.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, October 29th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Varonis Systems in a research note on Wednesday, October 8th. Finally, Barclays increased their price target on Varonis Systems from $62.00 to $70.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th.

Institutional Trading of Varonis Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in VRNS. Stephens Inc. AR boosted its stake in Varonis Systems by 1.9% during the 3rd quarter. Stephens Inc. AR now owns 9,105 shares of the technology company’s stock valued at $523,000 after acquiring an additional 171 shares during the last quarter. Inspire Investing LLC lifted its position in shares of Varonis Systems by 2.9% during the third quarter. Inspire Investing LLC now owns 7,878 shares of the technology company’s stock worth $453,000 after purchasing an additional 222 shares during the last quarter. Quarry LP grew its stake in Varonis Systems by 31.8% in the first quarter. Quarry LP now owns 1,082 shares of the technology company’s stock worth $44,000 after purchasing an additional 261 shares in the last quarter. Arizona State Retirement System grew its stake in Varonis Systems by 0.9% in the third quarter. Arizona State Retirement System now owns 33,114 shares of the technology company’s stock worth $1,903,000 after purchasing an additional 287 shares in the last quarter. Finally, Bessemer Group Inc. increased its holdings in Varonis Systems by 179.1% in the second quarter. Bessemer Group Inc. now owns 494 shares of the technology company’s stock valued at $25,000 after buying an additional 317 shares during the last quarter. Institutional investors own 95.65% of the company’s stock.

Varonis Systems Price Performance

VRNS stock opened at $33.16 on Wednesday. The firm has a market cap of $3.91 billion, a P/E ratio of -32.51 and a beta of 0.64. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.81 and a current ratio of 1.81. Varonis Systems has a 1 year low of $30.02 and a 1 year high of $63.90. The stock has a 50-day simple moving average of $41.77 and a 200-day simple moving average of $49.97.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. The firm had revenue of $161.58 million during the quarter, compared to analysts’ expectations of $166.47 million. Varonis Systems had a negative return on equity of 21.91% and a negative net margin of 18.82%.Varonis Systems’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.10 EPS. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS. On average, equities analysts predict that Varonis Systems will post -0.83 earnings per share for the current fiscal year.

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.