Varonis Systems (NASDAQ:VRNS) Releases FY 2026 Earnings Guidance

Varonis Systems (NASDAQ:VRNS) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.140-0.150 for the period, compared to the consensus estimate of -0.110. The company issued revenue guidance of $735.0 million-$739.0 million, compared to the consensus revenue estimate of $734.8 million. Varonis Systems also updated its Q3 2026 guidance to 0.020-0.030 EPS.

Wall Street Analysts Forecast Growth

VRNS has been the topic of several analyst reports. Rosenblatt Securities started coverage on shares of Varonis Systems in a research report on Tuesday, May 12th. They set a “buy” rating and a $40.00 price target on the stock. Cantor Fitzgerald reiterated an “overweight” rating and issued a $55.00 price objective (up from $35.00) on shares of Varonis Systems in a research report on Friday. Weiss Ratings raised Varonis Systems from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, June 30th. Citigroup reissued an “overweight” rating on shares of Varonis Systems in a research note on Friday. Finally, B. Riley Financial lifted their target price on Varonis Systems from $45.00 to $55.00 and gave the company a “buy” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Varonis Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.26.

Varonis Systems Trading Down 4.3%

Shares of VRNS traded down $2.00 during trading on Tuesday, reaching $44.67. 4,477,428 shares of the company traded hands, compared to its average volume of 2,688,088. The stock has a 50-day simple moving average of $38.34 and a 200-day simple moving average of $30.50. The stock has a market cap of $5.13 billion, a PE ratio of -39.18 and a beta of 0.83. Varonis Systems has a twelve month low of $19.70 and a twelve month high of $63.90. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings data on Tuesday, April 28th. The technology company reported $0.06 EPS for the quarter, topping the consensus estimate of ($0.05) by $0.11. The firm had revenue of $173.13 million for the quarter, compared to analyst estimates of $165.52 million. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. Varonis Systems’s quarterly revenue was up 26.9% on a year-over-year basis. On average, analysts anticipate that Varonis Systems will post -1.05 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VRNS. Dynamic Technology Lab Private Ltd purchased a new position in shares of Varonis Systems during the first quarter worth $233,000. Caxton Associates LLP purchased a new stake in shares of Varonis Systems in the 1st quarter valued at $200,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of 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 valued at $25,049,000 after buying an additional 64,636 shares during the period. Russell Investments Group Ltd. lifted its stake in Varonis Systems by 2.8% during the 2nd quarter. Russell Investments Group Ltd. now owns 22,811 shares of the technology company’s stock worth $1,158,000 after acquiring an additional 628 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in Varonis Systems by 8.6% during the 2nd quarter. Invesco Ltd. now owns 96,536 shares of the technology company’s stock valued at $4,899,000 after acquiring an additional 7,618 shares during the period. 95.65% of the stock is currently owned by institutional investors and hedge funds.

About Varonis Systems

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.