FY2025 EPS Estimates for Varonis Systems Reduced by Analyst

Varonis Systems, Inc. (NASDAQ:VRNS) – William Blair reduced their FY2025 EPS estimates for Varonis Systems in a note issued to investors on Wednesday, October 29th. William Blair analyst J. Ader now anticipates that the technology company will post earnings of ($0.91) per share for the year, down from their previous estimate of ($0.90). The consensus estimate for Varonis Systems’ current full-year earnings is ($0.83) per share. William Blair also issued estimates for Varonis Systems’ Q4 2025 earnings at ($0.22) EPS and FY2026 earnings at ($0.77) EPS.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, October 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. Varonis Systems had a negative net margin of 18.82% and a negative return on equity of 24.97%. The business had revenue of $161.58 million for the quarter, compared to analyst estimates of $166.47 million. During the same period in the previous year, the company earned $0.10 earnings per share. The business’s revenue for the quarter was up 9.1% on a year-over-year basis. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS.

Several other equities analysts have also issued reports on VRNS. Zacks Research lowered shares of Varonis Systems from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. Royal Bank Of Canada cut their price target on shares of Varonis Systems from $72.00 to $60.00 and set an “outperform” rating on the stock in a report on Wednesday, October 29th. Piper Sandler dropped their price objective on shares of Varonis Systems from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Wednesday, October 29th. Jefferies Financial Group raised shares of Varonis Systems from a “hold” rating to a “buy” rating and boosted their price objective for the company from $50.00 to $65.00 in a report on Thursday, July 24th. Finally, Citigroup dropped their price objective on shares of Varonis Systems from $58.00 to $40.00 and set a “neutral” rating on the stock in a report on Monday. Sixteen investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $59.79.

Varonis Systems Price Performance

NASDAQ VRNS opened at $36.07 on Monday. The firm’s fifty day simple moving average is $57.24 and its two-hundred day simple moving average is $52.50. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 1.32. Varonis Systems has a 12-month low of $32.02 and a 12-month high of $63.90. The firm has a market capitalization of $4.25 billion, a P/E ratio of -35.36 and a beta of 0.64.

Institutional Investors Weigh In On Varonis Systems

Hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Varonis Systems in the second quarter worth about $65,161,000. Voya Investment Management LLC raised its position in shares of Varonis Systems by 98.6% in the first quarter. Voya Investment Management LLC now owns 2,321,317 shares of the technology company’s stock worth $93,897,000 after acquiring an additional 1,152,687 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Varonis Systems by 26.2% in the first quarter. Goldman Sachs Group Inc. now owns 4,084,830 shares of the technology company’s stock worth $165,231,000 after acquiring an additional 848,408 shares during the period. RGM Capital LLC raised its position in shares of Varonis Systems by 45.5% in the first quarter. RGM Capital LLC now owns 2,706,531 shares of the technology company’s stock worth $109,479,000 after acquiring an additional 846,475 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Varonis Systems by 319.8% in the second quarter. Allspring Global Investments Holdings LLC now owns 971,544 shares of the technology company’s stock worth $48,606,000 after acquiring an additional 740,114 shares during the period. 95.65% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Varonis Systems news, CFO Guy Melamed sold 1,500 shares of the company’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $59.59, for a total value of $89,385.00. Following the sale, the chief financial officer directly owned 412,105 shares of the company’s stock, valued at approximately $24,557,336.95. This represents a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 58,497 shares of company stock valued at $3,405,081 over the last 90 days. 2.30% of the stock is currently owned by corporate insiders.

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.