Varonis Systems (NASDAQ:VRNS) Price Target Cut to $50.00 by Analysts at Barclays

Varonis Systems (NASDAQ:VRNS) had its price target decreased by analysts at Barclays from $52.00 to $50.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. Barclays‘s price objective suggests a potential upside of 11.93% from the company’s current price.

A number of other equities research analysts have also commented on VRNS. New Street Research restated a “buy” rating on shares of Varonis Systems in a research report on Wednesday. Truist Financial boosted their price objective on Varonis Systems from $34.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. UBS Group increased their target price on Varonis Systems from $37.00 to $58.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. TD Cowen raised their target price on Varonis Systems from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Finally, Royal Bank Of Canada lifted their price target on Varonis Systems from $30.00 to $36.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Eighteen investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.53.

Varonis Systems Trading Down 4.3%

Shares of Varonis Systems stock opened at $44.67 on Wednesday. Varonis Systems has a 12-month low of $19.70 and a 12-month high of $63.90. The stock has a market capitalization of $5.13 billion, a P/E ratio of -39.18 and a beta of 0.83. The company has a 50-day simple moving average of $38.64 and a 200 day simple moving average of $30.56. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 1.00.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results on Tuesday, July 28th. The technology company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.03. The firm had revenue of $180.02 million for the quarter, compared to analyst estimates of $176.83 million. Varonis Systems had a negative net margin of 19.75% and a negative return on equity of 20.27%. The company’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.03 earnings per share. 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 expect that Varonis Systems will post -1.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Varonis Systems

A number of institutional investors and hedge funds have recently made changes to their positions in VRNS. Fideuram Asset Management Ireland dac bought a new stake in Varonis Systems during the 4th quarter worth about $2,784,000. Vanguard Group Inc. boosted its stake in shares of Varonis Systems by 6.5% in the 4th quarter. Vanguard Group Inc. now owns 13,418,273 shares of the technology company’s stock valued at $440,119,000 after purchasing an additional 822,925 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in shares of Varonis Systems by 127.2% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 732,189 shares of the technology company’s stock worth $24,016,000 after buying an additional 409,966 shares during the period. SG Americas Securities LLC grew its position in shares of Varonis Systems by 492.1% during the 4th quarter. SG Americas Securities LLC now owns 145,014 shares of the technology company’s stock worth $4,756,000 after buying an additional 120,523 shares during the period. Finally, Senvest Management LLC raised its stake in shares of Varonis Systems by 406.1% during the first quarter. Senvest Management LLC now owns 1,448,943 shares of the technology company’s stock worth $31,109,000 after buying an additional 1,162,651 shares during the last quarter. Institutional investors own 95.65% of the company’s stock.

Key Stories Impacting Varonis Systems

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

• Positive Sentiment: JPMorgan raised its price target to $55 from $39 and maintained an Overweight rating, implying further upside from recent trading levels and signaling increased confidence in Varonis’ growth prospects. JPMorgan Chase & Co. Boosts Varonis Systems Price Target to $55.00
• Positive Sentiment: Q2 revenue rose 18.3% year over year to $180.0 million, exceeding the $176.8 million analyst estimate, while adjusted EPS of $0.04 topped the $0.01 consensus. EPS also improved from $0.03 in the year-ago quarter. Varonis Announces Second Quarter 2026 Financial Results
• Positive Sentiment: SaaS annual recurring revenue excluding conversions increased 25% year over year, while total SaaS ARR reached $726 million, up 52%. Management also cited growth in new logos and momentum in Atlas, Interceptor and Database Activity Monitoring.
• Positive Sentiment: Management’s Q3 and full-year 2026 forecasts exceeded consensus EPS expectations. Q3 EPS is projected at $0.02-$0.03 versus an anticipated loss of $0.04, while full-year EPS is forecast at $0.14-$0.15 versus consensus for a $0.11 loss. Full-year revenue guidance of $735 million-$739 million was broadly in line with estimates.
• Neutral Sentiment: The earnings call provided additional commentary on SaaS adoption, newer products and the company’s data- and AI-security strategy, but investors will likely look for sustained growth as Varonis continues its transition toward a SaaS model. Varonis Q2 2026 Earnings Call Transcript
• Negative Sentiment: The stock declined following the earnings release despite the beats, indicating that elevated investor expectations may have outweighed the strong quarterly figures and guidance. Varonis also remains unprofitable on a reported basis, with a negative net margin and return on equity.

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.