Varonis Systems (NASDAQ:VRNS) Price Target Raised to $55.00 at Susquehanna

Varonis Systems (NASDAQ:VRNS) had its price target upped by Susquehanna from $36.00 to $55.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “positive” rating on the technology company’s stock. Susquehanna’s price target indicates a potential upside of 31.82% from the stock’s current price.

Several other research analysts also recently weighed in on VRNS. Royal Bank Of Canada increased their price target on Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Rosenblatt Securities restated a “buy” rating and issued a $55.00 price objective on shares of Varonis Systems in a research note on Wednesday. DA Davidson upped their price objective on shares of Varonis Systems from $30.00 to $37.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Needham & Company LLC increased their target price on shares of Varonis Systems from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Stephens upgraded shares of Varonis Systems from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $33.00 to $45.00 in a research note on Wednesday, June 24th. Eighteen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Varonis Systems has a consensus rating of “Moderate Buy” and an average price target of $47.68.

Varonis Systems Stock Performance

Shares of NASDAQ:VRNS traded down $2.95 during mid-day trading on Wednesday, reaching $41.72. The company had a trading volume of 2,228,630 shares, compared to its average volume of 2,683,813. Varonis Systems has a one year low of $19.70 and a one year high of $63.90. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. The company’s 50-day moving average price is $38.64 and its 200-day moving average price is $30.56. The firm has a market cap of $4.79 billion, a price-to-earnings ratio of -36.40 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.03. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The business had revenue of $180.02 million during the quarter, compared to analyst estimates of $176.83 million. During the same period in the prior year, the company earned $0.03 earnings per share. Varonis Systems’s revenue was up 18.3% compared to the same quarter last year. Varonis Systems has set its FY 2026 guidance at 0.140-0.150 EPS and its Q3 2026 guidance at 0.020-0.030 EPS. As a group, equities research analysts anticipate that Varonis Systems will post -1.05 EPS for the current fiscal year.

Institutional Trading of Varonis Systems

Institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in Varonis Systems by 6.5% during the fourth quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock valued at $440,119,000 after purchasing an additional 822,925 shares during the last quarter. First Trust Advisors LP raised its position in shares of Varonis Systems by 40.6% during the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock valued at $145,214,000 after buying an additional 1,279,002 shares in the last quarter. RGM Capital LLC raised its position in shares of Varonis Systems by 17.1% during the 4th quarter. RGM Capital LLC now owns 3,160,093 shares of the technology company’s stock valued at $103,651,000 after buying an additional 460,580 shares in the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of Varonis Systems by 43.4% during the 1st quarter. Pictet Asset Management Holding SA now owns 3,123,056 shares of the technology company’s stock worth $67,029,000 after acquiring an additional 944,676 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Varonis Systems by 5.7% in the fourth quarter. Geode Capital Management LLC now owns 2,833,180 shares of the technology company’s stock worth $92,943,000 after acquiring an additional 151,961 shares in the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Key Varonis Systems News

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

• Positive Sentiment: Strong Q2 results: Varonis reported adjusted EPS of $0.04, exceeding the $0.01 consensus estimate, while revenue rose 18.3% year over year to $180.0 million, above expectations of $176.8 million. Varonis Announces Second Quarter 2026 Financial Results
• Positive Sentiment: SaaS momentum remained healthy: Total SaaS annual recurring revenue reached $726.0 million, up 52% year over year, while SaaS ARR excluding conversions increased 25%. Management also cited growth in new customer accounts and momentum in Atlas, Interceptor and Database Activity Monitoring. Q2 Financial Results
• Positive Sentiment: Guidance was raised well above analyst expectations: Varonis forecast third-quarter EPS of $0.02-$0.03 versus consensus for a $0.04 loss, and full-year EPS of $0.14-$0.15 versus a projected $0.11 loss. Full-year revenue guidance of $735 million-$739 million was also slightly above consensus. Analysts subsequently maintained or raised targets, including TD Cowen at $53, JPMorgan at $55, Needham at $50 and Rosenblatt at $55. Analyst Ratings and Price Targets
• Neutral Sentiment: Barclays lowered its price target from $52 to $50 but retained an “overweight” rating, while Baird raised its target from $40 to $45 and kept a “neutral” rating. These actions indicate continued confidence in the business, but also more measured expectations after the earnings release. Analyst Ratings
• Negative Sentiment: The market reaction has been unfavorable despite the headline beat. Varonis remains unprofitable, with a reported negative net margin of 19.75% and negative return on equity of 20.27%. Investors may also have expected an even stronger earnings outlook given the stock’s prior rally. Q2 Results and Stock Reaction

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.