Varonis Systems (NASDAQ:VRNS) Reaches New 52-Week Low – Here’s What Happened

Varonis Systems, Inc. (NASDAQ:VRNS)’s stock price hit a new 52-week low during trading on Friday . The company traded as low as $29.75 and last traded at $29.84, with a volume of 3228177 shares traded. The stock had previously closed at $30.57.

Key Varonis Systems News

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

• Neutral Sentiment: Key procedural date: a March 9, 2026 deadline to seek appointment as lead plaintiff in the consolidated securities case — this deadline is driving the flood of firm notices and solicitations. VRNS Investor Alert: Hagens Berman Scrutinizing Varonis Systems (VRNS) Amid Claims of Alleged SaaS Transition Fraud in Securities Class Action
• Negative Sentiment: Hagens Berman issued an investor alert saying it’s investigating claims that Varonis misled the market about converting legacy on?premise customers to its SaaS platform — amplifies regulatory/legal risk and investor uncertainty. VRNS Investor Alert: Hagens Berman Scrutinizing Varonis Systems (VRNS) Amid Claims of Alleged SaaS Transition Fraud in Securities Class Action
• Negative Sentiment: Multiple national firms (Frank R. Cruz; Bronstein, Gewirtz & Grossman; Kessler Topaz; Levi & Korsinsky; Robbins Geller; Rosen; Pomerantz; Faruqi & Faruqi; Bernstein Liebhard; The Gross Law Firm) have filed notices or are soliciting clients — the sheer number of actions increases the likelihood of consolidated litigation and potential material exposure. Varonis Systems, Inc. (VRNS) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
• Negative Sentiment: Bronstein, Gewirtz & Grossman and other firms confirm a class action was filed alleging investor harm tied to disclosures from Feb 4, 2025 to Oct 28, 2025 — the alleged class period overlaps recent earnings and guidance cycles, which could trigger discovery focused on executive statements and internal forecasts. Bronstein, Gewirtz & Grossman LLC Urges Varonis Systems, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
• Negative Sentiment: Analysis/coverage: a Seeking Alpha piece frames Varonis as losing ground to larger competitors amid its transition — this narrative compounds the legal headlines by signaling operational/competitive concerns that could pressure revenue growth and multiple compression. The Tide Is Lifting Giants, Leaving Varonis Behind

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on VRNS. Robert W. Baird cut Varonis Systems from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 29th. Morgan Stanley restated an “equal weight” rating and set a $41.00 price target (down from $44.00) on shares of Varonis Systems in a research report on Monday. Barclays decreased their price target on Varonis Systems from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Monday, January 5th. TD Cowen increased their price objective on Varonis Systems from $62.00 to $68.00 and gave the company a “buy” rating in a research note on Friday, October 17th. Finally, Stephens started coverage on shares of Varonis Systems in a report on Tuesday, December 30th. They issued an “equal weight” rating and a $40.00 target price on the stock. Fifteen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $53.50.

Varonis Systems Stock Down 2.4%

The firm has a market capitalization of $3.52 billion, a P/E ratio of -29.25 and a beta of 0.56. The company’s fifty day simple moving average is $33.19 and its 200 day simple moving average is $46.29. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.75.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings data on Tuesday, October 28th. The technology company reported $0.06 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 21.91%. The business had revenue of $161.58 million during the quarter, compared to analyst estimates of $166.47 million. During the same period last year, the business posted $0.10 earnings per share. Varonis Systems’s quarterly revenue was up 9.1% compared to the same quarter last year. Research analysts expect that Varonis Systems, Inc. will post -0.83 EPS for the current year.

Institutional Investors Weigh In On Varonis Systems

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jennison Associates LLC increased its stake in shares of Varonis Systems by 92.6% in the 4th quarter. Jennison Associates LLC now owns 1,036,934 shares of the technology company’s stock worth $34,011,000 after acquiring an additional 498,413 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its stake in Varonis Systems by 70.0% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 65,478 shares of the technology company’s stock worth $2,148,000 after acquiring an additional 26,969 shares in the last quarter. Keybank National Association OH grew its holdings in Varonis Systems by 18.7% in the fourth quarter. Keybank National Association OH now owns 10,400 shares of the technology company’s stock worth $341,000 after purchasing an additional 1,641 shares during the period. Pictet Asset Management Holding SA increased its stake in shares of Varonis Systems by 99.1% during the fourth quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock valued at $71,480,000 after purchasing an additional 1,084,267 shares in the last quarter. Finally, Inscription Capital LLC purchased a new position in shares of Varonis Systems during the fourth quarter valued at approximately $430,000. 95.65% of the stock is owned by hedge funds and other institutional investors.

About Varonis Systems

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.