Varonis Systems (NASDAQ:VRNS) Updates Q3 2026 Earnings Guidance

Varonis Systems (NASDAQ:VRNS) updated its third quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.020-0.030 for the period, compared to the consensus EPS estimate of -0.040. The company issued revenue guidance of $185.0 million-$188.0 million, compared to the consensus revenue estimate of $186.2 million. Varonis Systems also updated its FY 2026 guidance to 0.140-0.150 EPS.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Barclays boosted their target price on shares of Varonis Systems from $33.00 to $52.00 and gave the company an “overweight” rating in a research note on Monday, July 13th. DA Davidson increased their target price on shares of Varonis Systems from $30.00 to $37.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Rosenblatt Securities assumed coverage on shares of Varonis Systems in a report on Tuesday, May 12th. They set a “buy” rating and a $40.00 price target for the company. Royal Bank Of Canada boosted their price target on shares of Varonis Systems from $30.00 to $36.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company upped their price objective on shares of Varonis Systems from $35.00 to $50.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.26.

Varonis Systems Trading Down 4.3%

VRNS stock traded down $2.00 during trading on Tuesday, hitting $44.67. The company had a trading volume of 4,477,428 shares, compared to its average volume of 2,688,088. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00. The firm has a 50-day moving average price of $38.34 and a 200-day moving average price of $30.50. Varonis Systems has a 12 month low of $19.70 and a 12 month high of $63.90. The stock has a market cap of $5.13 billion, a price-to-earnings ratio of -39.18 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.11. The business had revenue of $173.13 million for the quarter, compared to analysts’ expectations of $165.52 million. Varonis Systems had a negative return on equity of 20.27% and a negative net margin of 19.75%.The business’s quarterly revenue was up 26.9% on a year-over-year basis. As a group, analysts predict that Varonis Systems will post -1.05 earnings per share for the current year.

Institutional Trading of Varonis Systems

A number of hedge funds have recently modified their holdings of the company. Pacer Advisors Inc. grew its position in shares of Varonis Systems by 86.9% in the 4th quarter. Pacer Advisors Inc. now owns 11,637 shares of the technology company’s stock valued at $382,000 after purchasing an additional 5,411 shares during the period. Invesco Ltd. raised its holdings in Varonis Systems by 14.8% during the 4th quarter. Invesco Ltd. now owns 119,313 shares of the technology company’s stock worth $3,913,000 after buying an additional 15,384 shares during the period. Corient Private Wealth LLC raised its holdings in Varonis Systems by 4.8% during the 4th quarter. Corient Private Wealth LLC now owns 12,717 shares of the technology company’s stock worth $417,000 after buying an additional 585 shares during the period. Empowered Funds LLC bought a new position in Varonis Systems in the fourth quarter valued at approximately $37,000. Finally, XTX Topco Ltd bought a new position in Varonis Systems in the fourth quarter valued at approximately $811,000. 95.65% of the stock is currently owned by institutional investors and hedge funds.

Varonis Systems Company Profile

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.