Q2 Earnings Forecast for Varonis Systems Issued By Wedbush

Varonis Systems, Inc. (NASDAQ:VRNS) – Research analysts at Wedbush issued their Q2 2026 earnings per share estimates for Varonis Systems in a research note issued on Wednesday, February 5th. Wedbush analyst D. Ives anticipates that the technology company will earn ($0.22) per share for the quarter. The consensus estimate for Varonis Systems’ current full-year earnings is ($0.70) per share.

A number of other equities analysts have also recently commented on the company. Wells Fargo & Company dropped their target price on Varonis Systems from $48.00 to $46.00 and set an “equal weight” rating for the company in a report on Wednesday. Needham & Company LLC reiterated a “buy” rating and issued a $67.00 target price on shares of Varonis Systems in a report on Wednesday. Jefferies Financial Group dropped their target price on Varonis Systems from $60.00 to $50.00 and set a “hold” rating for the company in a report on Thursday, December 19th. Citigroup dropped their target price on Varonis Systems from $57.00 to $46.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Finally, Piper Sandler dropped their target price on Varonis Systems from $55.00 to $50.00 and set a “neutral” rating for the company in a report on Monday, January 6th. Five investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $59.38.

Varonis Systems Stock Performance

NASDAQ:VRNS opened at $40.59 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 1.05. Varonis Systems has a 12-month low of $39.62 and a 12-month high of $60.58. The stock has a 50-day moving average price of $45.87 and a 200 day moving average price of $51.23. The stock has a market capitalization of $4.57 billion, a P/E ratio of -54.12 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, February 4th. The technology company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.24). Varonis Systems had a negative net margin of 15.31% and a negative return on equity of 17.58%.

Insider Activity at Varonis Systems

In other Varonis Systems news, CFO Guy Melamed sold 91,345 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $53.70, for a total transaction of $4,905,226.50. Following the transaction, the chief financial officer now owns 504,598 shares in the company, valued at approximately $27,096,912.60. The trade was a 15.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.60% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Varonis Systems

Several institutional investors have recently modified their holdings of VRNS. Farther Finance Advisors LLC lifted its stake in Varonis Systems by 445.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 518 shares of the technology company’s stock valued at $29,000 after buying an additional 423 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Varonis Systems by 29.5% in the 4th quarter. Pacer Advisors Inc. now owns 2,645 shares of the technology company’s stock valued at $118,000 after buying an additional 603 shares in the last quarter. International Assets Investment Management LLC lifted its stake in Varonis Systems by 5,550.0% in the 3rd quarter. International Assets Investment Management LLC now owns 2,486 shares of the technology company’s stock valued at $140,000 after buying an additional 2,442 shares in the last quarter. KBC Group NV lifted its stake in Varonis Systems by 25.5% in the 3rd quarter. KBC Group NV now owns 3,263 shares of the technology company’s stock valued at $184,000 after buying an additional 663 shares in the last quarter. Finally, Harvest Fund Management Co. Ltd purchased a new stake in Varonis Systems in the 3rd quarter valued at approximately $184,000. Hedge funds and other institutional investors own 95.65% of the company’s stock.

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.