B. Riley Securities Cuts Varonis Systems (NASDAQ:VRNS) Price Target to $45.00

Varonis Systems (NASDAQ:VRNS) had its price target lowered by B. Riley Securities from $58.00 to $45.00 in a research report report published on Wednesday,Benzinga reports. The firm currently has a buy rating on the technology company’s stock.

A number of other research analysts also recently issued reports on VRNS. Stephens began coverage on Varonis Systems in a research note on Tuesday, December 30th. They issued an “equal weight” rating and a $40.00 price objective for the company. Cantor Fitzgerald cut their price target on shares of Varonis Systems from $50.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday. TD Cowen raised their price objective on shares of Varonis Systems from $62.00 to $68.00 and gave the stock a “buy” rating in a report on Friday, October 17th. Truist Financial lowered their price objective on shares of Varonis Systems from $42.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Wedbush dropped their target price on shares of Varonis Systems from $53.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday. Seventeen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $45.24.

Varonis Systems Trading Up 2.0%

Shares of VRNS stock opened at $22.65 on Wednesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.81 and a current ratio of 1.97. The company has a market capitalization of $2.66 billion, a price-to-earnings ratio of -19.87 and a beta of 0.58. Varonis Systems has a 52-week low of $20.06 and a 52-week high of $63.90. The company has a 50-day simple moving average of $32.41 and a two-hundred day simple moving average of $45.25.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, February 3rd. The technology company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.03 by $0.05. The firm had revenue of $173.37 million for the quarter, compared to analysts’ expectations of $168.66 million. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.18 EPS. Varonis Systems has set its FY 2026 guidance at 0.060-0.100 EPS and its Q1 2026 guidance at -0.060–0.050 EPS. Research analysts anticipate that Varonis Systems will post -0.83 EPS for the current fiscal year.

Institutional Investors Weigh In On Varonis Systems

A number of hedge funds and other institutional investors have recently bought and sold shares of VRNS. Dynamic Technology Lab Private Ltd bought a new position in shares of Varonis Systems in the first quarter worth $233,000. Caxton Associates LLP purchased a new stake in Varonis Systems during the 1st quarter worth about $200,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Varonis Systems by 11.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 619,257 shares of the technology company’s stock worth $25,049,000 after purchasing an additional 64,636 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in Varonis Systems by 48.4% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,562 shares of the technology company’s stock worth $638,000 after purchasing an additional 4,097 shares during the period. Finally, KLP Kapitalforvaltning AS grew its holdings in Varonis Systems by 6.5% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 23,000 shares of the technology company’s stock valued at $1,167,000 after buying an additional 1,400 shares in the last quarter. Institutional investors own 95.65% of the company’s stock.

Trending Headlines about Varonis Systems

Here are the key news stories impacting Varonis Systems this week:

• Positive Sentiment: DA Davidson upgraded Varonis from “neutral” to “buy” and raised its price target to $30, giving the stock an analyst-backed boost. DA Davidson upgrade
• Positive Sentiment: An industry-themed note says Varonis aligns with Nasdaq‑100 cybersecurity themes, which can attract thematic/ETF flows and investor interest in security software names. Varonis aligns with Nasdaq‑100 cybersecurity themes
• Neutral Sentiment: Market activity shows unusually large options volume for VRNS, which often signals short‑term speculation or hedging that can increase intraday volatility but not necessarily change fundamentals. Unusually large options volume
• Neutral Sentiment: Some outlets report new analyst targets around the mid‑$30s (e.g., $34.20 reported), showing mixed analyst views after recent results. These disparate targets can produce short-term trading moves as investors digest the consensus. Analyst price target reporting
• Negative Sentiment: Multiple law firms have filed or are soliciting clients for a securities class action against Varonis (alleging misleading statements about its SaaS transition). Widespread plaintiff‑firm notices and a filed class action increase legal risk, potential costs, and investor uncertainty. Bronstein Gewirtz Grossman class action
• Negative Sentiment: Several sell‑side firms cut price targets (Cantor Fitzgerald, JPMorgan, Truist, Wedbush, Citi and others lowered targets in recent notes), signaling reduced near‑term optimism about growth/transition dynamics and likely applying downward pressure on the stock. Analyst price target cuts roundup
• Negative Sentiment: Coverage of the post‑earnings selloff highlights that, while Varonis beat the quarter, aspects of the report (and guidance/discussion around the SaaS transition) worried investors and contributed to a sharp drawdown. That earnings reaction remains a key driver of current sentiment. Post‑earnings selloff analysis

Varonis Systems Company Profile

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.