Varonis Systems (NASDAQ:VRNS) Stock Rating Upgraded by Wells Fargo & Company

Varonis Systems (NASDAQ:VRNS) was upgraded by stock analysts at Wells Fargo & Company to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

A number of other equities analysts have also recently commented on VRNS. Weiss Ratings reissued a “sell (d-)” rating on shares of Varonis Systems in a report on Wednesday, January 21st. Truist Financial decreased their target price on Varonis Systems from $42.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Morgan Stanley reissued an “equal weight” rating and set a $41.00 target price (down from $44.00) on shares of Varonis Systems in a research note on Monday, January 26th. Citigroup reduced their price target on shares of Varonis Systems from $37.00 to $28.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 4th. Finally, Cantor Fitzgerald decreased 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, February 4th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Varonis Systems presently has an average rating of “Moderate Buy” and an average price target of $43.15.

Varonis Systems Price Performance

VRNS stock opened at $23.55 on Monday. The company’s 50-day moving average price is $29.57 and its two-hundred day moving average price is $41.42. The firm has a market cap of $2.77 billion, a P/E ratio of -20.66 and a beta of 0.61. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 0.76. Varonis Systems has a 12 month low of $20.06 and a 12 month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.05. The business had revenue of $173.37 million for the quarter, compared to analyst estimates of $168.66 million. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter last year, the business posted $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. On average, analysts anticipate that Varonis Systems will post -0.83 earnings per share for the current fiscal year.

Insider Activity

In other Varonis Systems news, EVP David Bass acquired 2,980 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was acquired at an average price of $23.47 per share, for a total transaction of $69,940.60. Following the acquisition, the executive vice president directly owned 1,042,924 shares in the company, valued at $24,477,426.28. This represents a 0.29% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Avrohom J. Kess bought 17,800 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were acquired at an average price of $22.29 per share, for a total transaction of $396,762.00. Following the completion of the transaction, the director owned 49,403 shares in the company, valued at $1,101,192.87. This trade represents a 56.32% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 25,780 shares of company stock valued at $579,403 over the last quarter. 2.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VRNS. Stephens Inc. AR grew its position in shares of Varonis Systems by 1.9% in the 3rd quarter. Stephens Inc. AR now owns 9,105 shares of the technology company’s stock valued at $523,000 after buying an additional 171 shares during the last quarter. Inspire Investing LLC lifted its stake in shares of Varonis Systems by 2.9% in the third quarter. Inspire Investing LLC now owns 7,878 shares of the technology company’s stock worth $453,000 after acquiring an additional 222 shares during the period. Arizona State Retirement System boosted its holdings 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 valued at $1,903,000 after acquiring an additional 287 shares during the last quarter. Bessemer Group Inc. increased its position in Varonis Systems by 179.1% during the 2nd quarter. Bessemer Group Inc. now owns 494 shares of the technology company’s stock valued at $25,000 after purchasing an additional 317 shares during the period. Finally, Signaturefd LLC raised its holdings in Varonis Systems by 47.8% during the 4th quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after purchasing an additional 322 shares during the last quarter. 95.65% of the stock is owned by institutional investors.

Varonis Systems News Summary

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

• Positive Sentiment: Wells Fargo initiated coverage on VRNS with an “overweight” rating and a $28 price target, which supports near-term upside sentiment and likely helped push the stock higher. Article Title
• Negative Sentiment: Hagens Berman announced an investigation and highlighted allegations that Varonis may have concealed renewal softness in its Federal vertical and legacy on‑premises business while promoting a de‑risked SaaS transition — a substantive allegation that could increase litigation risk and investor uncertainty. Article Title
• Negative Sentiment: Multiple plaintiff law firms (Rosen, Pomerantz, Bronstein Gewirtz & Grossman, Berger Montague, Faruqi & Faruqi, The Gross Law Firm, Schall, DJS, RGRD and others) have filed notices or solicitations seeking lead plaintiffs in a class action covering purchases between Feb 4, 2025 and Oct 28, 2025; the important lead‑plaintiff deadline is March 9, 2026 — a crowded litigation docket that can keep downward pressure on sentiment and increase potential future legal costs. Article Title

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.