FY2025 EPS Estimates for Varonis Systems Raised by Analyst

Varonis Systems, Inc. (NASDAQ:VRNS) – Investment analysts at Wedbush upped their FY2025 EPS estimates for Varonis Systems in a research note issued to investors on Wednesday, October 29th. Wedbush analyst D. Ives now expects that the technology company will post earnings per share of ($0.86) for the year, up from their previous estimate of ($0.90). Wedbush currently has a “Outperform” rating and a $65.00 target price on the stock. The consensus estimate for Varonis Systems’ current full-year earnings is ($0.83) per share. Wedbush also issued estimates for Varonis Systems’ Q1 2026 earnings at ($0.26) EPS, Q4 2026 earnings at ($0.10) EPS and FY2026 earnings at ($0.71) EPS.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings data on Tuesday, October 28th. The technology company reported $0.06 EPS for the quarter, meeting 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 during the quarter, compared to analyst estimates of $166.47 million. During the same quarter last year, the firm posted $0.10 earnings per share. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. Varonis Systems has set its Q4 2025 guidance at 0.020-0.04 EPS.

Several other research firms have also commented on VRNS. Citigroup lowered their price objective on shares of Varonis Systems from $58.00 to $40.00 and set a “neutral” rating for the company in a research note on Monday. Morgan Stanley raised their price objective on shares of Varonis Systems from $59.00 to $66.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Truist Financial reissued a “buy” rating and issued a $50.00 price objective (down previously from $70.00) on shares of Varonis Systems in a research note on Wednesday, October 29th. UBS Group reduced their target price on shares of Varonis Systems from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Finally, Zacks Research cut shares of Varonis Systems from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. Sixteen investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $59.79.

Varonis Systems Trading Down 2.0%

NASDAQ VRNS opened at $35.35 on Monday. The firm has a 50 day simple moving average of $56.80 and a 200-day simple moving average of $52.46. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.38 and a current ratio of 1.38. Varonis Systems has a one year low of $32.02 and a one year high of $63.90. The firm has a market cap of $4.17 billion, a price-to-earnings ratio of -34.66 and a beta of 0.64.

Institutional Trading of Varonis Systems

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC raised its holdings in Varonis Systems by 43.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,681 shares of the technology company’s stock worth $270,000 after purchasing an additional 2,031 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Varonis Systems by 18.5% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 8,465 shares of the technology company’s stock worth $352,000 after purchasing an additional 1,323 shares in the last quarter. Teacher Retirement System of Texas raised its holdings in Varonis Systems by 161.5% during the first quarter. Teacher Retirement System of Texas now owns 16,440 shares of the technology company’s stock worth $665,000 after purchasing an additional 10,152 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Varonis Systems by 5.2% during the first quarter. Bank of New York Mellon Corp now owns 515,939 shares of the technology company’s stock worth $20,870,000 after purchasing an additional 25,512 shares in the last quarter. Finally, Penserra Capital Management LLC raised its holdings in Varonis Systems by 52.2% during the first quarter. Penserra Capital Management LLC now owns 1,542,071 shares of the technology company’s stock worth $62,376,000 after purchasing an additional 529,182 shares in the last quarter. Institutional investors and hedge funds own 95.65% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Guy Melamed sold 1,500 shares of the firm’s stock in a transaction that occurred 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 owned 412,105 shares of the company’s stock, valued at $24,557,336.95. This trade represents a 0.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 58,497 shares of company stock valued at $3,405,081 over the last 90 days. 2.30% of the stock is owned by company 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.