Varonis Systems (NASDAQ:VRNS) Given New $50.00 Price Target at Robert W. Baird

Varonis Systems (NASDAQ:VRNS) had its price objective upped by Robert W. Baird from $45.00 to $50.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has a “neutral” rating on the technology company’s stock. Robert W. Baird’s target price would indicate a potential upside of 2.72% from the stock’s current price.

Several other brokerages also recently commented on VRNS. Royal Bank Of Canada downgraded shares of Varonis Systems from an “outperform” rating to a “neutral” rating in a report on Friday. Rosenblatt Securities reiterated a “neutral” rating and issued a $49.75 price target (down from $55.00) on shares of Varonis Systems in a report on Friday. Wells Fargo & Company reissued an “equal weight” rating and set a $49.75 price objective (down from $53.00) on shares of Varonis Systems in a research report on Friday. New Street Research reissued a “buy” rating on shares of Varonis Systems in a research report on Wednesday, July 29th. Finally, UBS Group raised their price objective on shares of Varonis Systems from $37.00 to $58.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Nine investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $50.70.

Varonis Systems Trading Up 2.8%

VRNS stock traded up $1.33 during midday trading on Friday, hitting $48.67. 28,314,465 shares of the company’s stock were exchanged, compared to its average volume of 2,541,305. The stock’s fifty day moving average price is $45.71 and its 200-day moving average price is $37.89. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.65 and a current ratio of 1.65. The company has a market cap of $5.59 billion, a PE ratio of -39.57 and a beta of 0.77. Varonis Systems has a one year low of $19.70 and a one year high of $63.80.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings data on Tuesday, July 28th. The technology company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.03. Varonis Systems had a negative return on equity of 19.18% and a negative net margin of 20.55%. The business had revenue of $180.02 million for the quarter, compared to analysts’ expectations of $176.83 million. During the same quarter in the previous year, the business posted $0.03 EPS. Varonis Systems’s revenue for the quarter was up 18.3% on a year-over-year basis. Varonis Systems has set its FY 2026 guidance at 0.140-0.150 EPS and its Q3 2026 guidance at 0.020-0.030 EPS. Research analysts predict that Varonis Systems will post -0.95 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Varonis Systems

Several hedge funds have recently made changes to their positions in VRNS. Assenagon Asset Management S.A. boosted its holdings in Varonis Systems by 417.3% during the third quarter. Assenagon Asset Management S.A. now owns 89,971 shares of the technology company’s stock worth $4,269,000 after purchasing an additional 72,577 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in Varonis Systems in the 3rd quarter valued at $247,000. Sequoia Financial Advisors LLC acquired a new stake in Varonis Systems in the 2nd quarter valued at $204,000. WINTON GROUP Ltd acquired a new stake in Varonis Systems in the 2nd quarter valued at $306,000. Finally, Engineers Gate Manager LP bought a new stake in Varonis Systems during the 2nd quarter worth about $1,441,000. 95.65% of the stock is owned by institutional investors.

More Varonis Systems News

Here are the key news stories impacting Varonis Systems this week:

• Positive Sentiment: Proofpoint will acquire Varonis for $49.75 per share in cash, providing shareholders with a defined exit value and removing much of the stock’s standalone valuation uncertainty. Proofpoint to Acquire Varonis in a $6.3 Billion Transaction
• Positive Sentiment: RBC said the acquisition makes strategic sense as competition in cybersecurity intensifies, suggesting Proofpoint sees value in combining its platform with Varonis’s data-security capabilities. Varonis Systems Acquisition by Proofpoint Makes Sense
• Neutral Sentiment: Several analysts adjusted their targets to the $49.75 offer price while maintaining neutral, hold, or equal-weight ratings. RBC downgraded Varonis to Sector Perform, while Piper Sandler, TD Cowen, Jefferies, Wells Fargo, DA Davidson, Rosenblatt, and Needham largely reaffirmed cautious ratings. The target-price convergence indicates limited upside beyond the transaction value. RBC Downgrades Varonis Amid Proofpoint Deal
• Neutral Sentiment: Call-option activity was unusually heavy, with investors purchasing 7,193 calls—about 186% of typical volume—indicating elevated trading interest following the deal announcement.
• Negative Sentiment: Shareholder-rights law firms, including Ademi, Halper Sadeh, and Brodsky & Smith, announced investigations into whether the $49.75 price fairly values Varonis and whether the board adequately protected investors. These reviews could create deal-related uncertainty, although no wrongdoing has been established. Ademi LLP Varonis Shareholder Alert

About Varonis Systems

Varonis Systems, Inc develops data security and cyber-risk management software for organizations seeking to protect sensitive information from unauthorized access, misuse, and cyberattacks. Its platform helps customers discover and classify data, analyze access permissions, identify unusual activity, and remediate security exposures across on-premises and cloud-based environments.

The company’s offerings are designed to secure data stored in file systems, collaboration platforms, databases, email, and other enterprise repositories.