Barclays Forecasts Strong Price Appreciation for Varonis Systems (NASDAQ:VRNS) Stock

Varonis Systems (NASDAQ:VRNS) had its target price increased by equities researchers at Barclays from $33.00 to $52.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has an “overweight” rating on the technology company’s stock. Barclays‘s price objective suggests a potential upside of 16.78% from the stock’s current price.

Several other equities research analysts have also recently issued reports on VRNS. Wedbush reaffirmed an “outperform” rating and set a $37.00 price objective on shares of Varonis Systems in a research report on Wednesday, June 24th. Rosenblatt Securities began coverage on Varonis Systems in a report on Tuesday, May 12th. They issued a “buy” rating and a $40.00 target price on the stock. Stephens upgraded Varonis Systems from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $33.00 to $45.00 in a research note on Wednesday, June 24th. Weiss Ratings raised Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 30th. Finally, Wells Fargo & Company upped their price objective on Varonis Systems from $28.00 to $35.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Varonis Systems currently has a consensus rating of “Moderate Buy” and an average price target of $43.10.

Varonis Systems Price Performance

Shares of Varonis Systems stock opened at $44.53 on Monday. Varonis Systems has a 52-week low of $19.70 and a 52-week high of $63.90. The company has a 50 day moving average of $34.22 and a 200 day moving average of $29.46. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $5.11 billion, a P/E ratio of -39.06 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.11. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The company had revenue of $173.13 million during the quarter, compared to analysts’ expectations of $165.52 million. The business’s revenue for the quarter was up 26.9% compared to the same quarter last year. Varonis Systems has set its FY 2026 guidance at 0.110-0.120 EPS and its Q2 2026 guidance at 0.000-0.010 EPS. As a group, research analysts forecast that Varonis Systems will post -1.04 EPS for the current fiscal year.

Institutional Investors Weigh In On Varonis Systems

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Jacobs Levy Equity Management Inc. purchased a new stake in Varonis Systems in the fourth quarter valued at $48,263,000. First Trust Advisors LP grew its holdings in shares of Varonis Systems by 40.6% during the fourth quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock worth $145,214,000 after purchasing an additional 1,279,002 shares during the last quarter. Senvest Management LLC grew its holdings in shares of Varonis Systems by 406.1% during the first quarter. Senvest Management LLC now owns 1,448,943 shares of the technology company’s stock worth $31,109,000 after purchasing an additional 1,162,651 shares during the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of Varonis Systems by 99.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock worth $71,480,000 after purchasing an additional 1,084,267 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Varonis Systems by 218.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,409,487 shares of the technology company’s stock worth $30,262,000 after purchasing an additional 966,817 shares in the last quarter. 95.65% of the stock is currently owned by institutional investors and hedge funds.

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.