Varonis Systems (NASDAQ:VRNS) Issues Q1 2025 Earnings Guidance

Varonis Systems (NASDAQ:VRNS) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of -0.060–0.040 for the period, compared to the consensus estimate of -0.020. The company issued revenue guidance of $130.0 million-$135.0 million, compared to the consensus revenue estimate of $129.9 million. Varonis Systems also updated its FY 2025 guidance to 0.130-0.170 EPS.

Analysts Set New Price Targets

VRNS has been the subject of several analyst reports. Citigroup dropped their target price on Varonis Systems from $57.00 to $46.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Wells Fargo & Company cut their price objective on shares of Varonis Systems from $48.00 to $46.00 and set an “equal weight” rating on the stock in a report on Wednesday. UBS Group boosted their target price on shares of Varonis Systems from $63.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. JPMorgan Chase & Co. boosted their price objective on shares of Varonis Systems from $59.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, October 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $67.00 target price on shares of Varonis Systems in a research note on Wednesday. Five equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Varonis Systems has a consensus rating of “Moderate Buy” and an average price target of $59.12.

Varonis Systems Stock Down 7.3 %

VRNS stock traded down $3.16 during midday trading on Thursday, reaching $40.21. The company had a trading volume of 2,427,940 shares, compared to its average volume of 2,012,002. The company has a 50 day moving average of $46.19 and a two-hundred day moving average of $51.36. The company has a market capitalization of $4.52 billion, a P/E ratio of -53.43 and a beta of 0.83. Varonis Systems has a 1 year low of $40.06 and a 1 year high of $60.58. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 1.05.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.24). Varonis Systems had a negative return on equity of 17.58% and a negative net margin of 15.31%. On average, equities research analysts expect that Varonis Systems will post -0.7 earnings per share for the current fiscal year.

Insider Transactions at Varonis Systems

In related news, CFO Guy Melamed sold 91,345 shares of the company’s stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $53.70, for a total transaction of $4,905,226.50. Following the completion of the sale, the chief financial officer now directly owns 504,598 shares of the company’s stock, valued at approximately $27,096,912.60. This represents a 15.33 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.60% of the stock is currently owned by company insiders.

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.