Varonis Systems (NASDAQ:VRNS) Releases FY 2025 Earnings Guidance

Varonis Systems (NASDAQ:VRNS) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.130-0.170 for the period, compared to the consensus estimate of 0.350. The company issued revenue guidance of $610.0 million-$625.0 million, compared to the consensus revenue estimate of $627.3 million. Varonis Systems also updated its Q1 2025 guidance to -0.060–0.040 EPS.

Varonis Systems Stock Up 2.0 %

Shares of NASDAQ VRNS traded up $0.94 during mid-day trading on Tuesday, reaching $46.84. 3,199,684 shares of the company’s stock traded hands, compared to its average volume of 1,709,161. The stock has a market cap of $5.27 billion, a P/E ratio of -62.45 and a beta of 0.83. The business has a 50-day simple moving average of $46.19 and a 200 day simple moving average of $51.36. Varonis Systems has a 1-year low of $41.13 and a 1-year high of $60.58. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.81 and a quick ratio of 1.81.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported ($0.10) earnings per share 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, analysts expect that Varonis Systems will post -0.7 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Needham & Company LLC restated a “buy” rating and set a $67.00 price target on shares of Varonis Systems in a report on Monday, January 6th. Piper Sandler lowered their price objective on shares of Varonis Systems from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. Cantor Fitzgerald began coverage on shares of Varonis Systems in a research report on Thursday, January 9th. They issued an “overweight” rating and a $60.00 price objective on the stock. Barclays lifted their price objective on shares of Varonis Systems from $60.00 to $65.00 and gave the stock an “overweight” rating in a research report on Monday, October 7th. Finally, DA Davidson lowered their price objective on shares of Varonis Systems from $50.00 to $47.00 and set a “neutral” rating on the stock in a research report on Thursday, December 12th. Five investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $59.44.

Insiders Place Their Bets

In other Varonis Systems news, CFO Guy Melamed sold 91,345 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $53.70, for a total value of $4,905,226.50. Following the completion of the transaction, the chief financial officer now owns 504,598 shares of the company’s stock, valued at $27,096,912.60. The trade was a 15.33 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 2.60% of the company’s stock.

About Varonis Systems

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.