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

Varonis Systems (NASDAQ:VRNS) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.120-0.130 for the period, compared to the consensus estimate of -0.290. The company issued revenue guidance of $615.2 million-$621.2 million, compared to the consensus revenue estimate of $625.2 million.

Wall Street Analyst Weigh In

A number of research firms have recently commented on VRNS. UBS Group cut their price target 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. Royal Bank Of Canada reduced their target price on shares of Varonis Systems from $72.00 to $60.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 29th. Citigroup decreased their price target 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. Needham & Company LLC decreased their price target on shares of Varonis Systems from $70.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, October 29th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Varonis Systems from $70.00 to $79.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Sixteen 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 MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $59.79.

Varonis Systems Stock Down 2.5%

VRNS stock traded down $0.89 during trading on Thursday, reaching $34.11. 1,960,913 shares of the company traded hands, compared to its average volume of 1,728,965. Varonis Systems has a 12 month low of $32.02 and a 12 month high of $63.90. The business has a 50 day simple moving average of $55.83 and a 200 day simple moving average of $52.22. The company has a market capitalization of $4.02 billion, a price-to-earnings ratio of -33.44 and a beta of 0.62. 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 (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. On average, equities research analysts anticipate that Varonis Systems will post -0.83 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Varonis Systems news, CFO Guy Melamed sold 1,500 shares of the firm’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 completion of the transaction, the chief financial officer owned 412,105 shares of the company’s stock, valued at approximately $24,557,336.95. This trade represents a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have sold 58,497 shares of company stock worth $3,405,081. 2.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Varonis Systems

A number of large investors have recently made changes to their positions in VRNS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Varonis Systems by 45.5% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,212,405 shares of the technology company’s stock valued at $61,525,000 after buying an additional 378,919 shares in the last quarter. Alliancebernstein L.P. increased its holdings in Varonis Systems by 107.8% in the 2nd quarter. Alliancebernstein L.P. now owns 288,635 shares of the technology company’s stock worth $14,648,000 after acquiring an additional 149,742 shares in the last quarter. Man Group plc lifted its holdings in Varonis Systems by 34.2% during the second quarter. Man Group plc now owns 565,709 shares of the technology company’s stock valued at $28,710,000 after purchasing an additional 144,175 shares in the last quarter. Sei Investments Co. lifted its holdings in Varonis Systems by 58.5% during the second quarter. Sei Investments Co. now owns 349,061 shares of the technology company’s stock valued at $17,715,000 after purchasing an additional 128,777 shares in the last quarter. Finally, Vident Advisory LLC lifted its holdings in Varonis Systems by 38.0% during the second quarter. Vident Advisory LLC now owns 263,056 shares of the technology company’s stock valued at $13,350,000 after purchasing an additional 72,421 shares in the last quarter. 95.65% of the stock is owned by hedge funds and other institutional investors.

Varonis Systems Company Profile

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.