JPMorgan Chase & Co. Cuts Varonis Systems (NASDAQ:VRNS) Price Target to $50.00

Varonis Systems (NASDAQ:VRNS) had its price objective reduced by JPMorgan Chase & Co. from $62.00 to $50.00 in a report released on Monday morning,Benzinga reports. They currently have an overweight rating on the technology company’s stock.

Other analysts have also issued reports about the company. Morgan Stanley reiterated an “equal weight” rating and set a $41.00 price objective (down from $44.00) on shares of Varonis Systems in a research note on Monday. UBS Group decreased their price target on Varonis Systems from $70.00 to $60.00 and set a “buy” rating on the stock in a research report on Wednesday, October 29th. TD Cowen raised their price objective on shares of Varonis Systems from $62.00 to $68.00 and gave the company a “buy” rating in a research report on Friday, October 17th. Stephens started coverage on shares of Varonis Systems in a research note on Tuesday, December 30th. They set an “equal weight” rating and a $40.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Varonis Systems in a report on Wednesday, January 21st. Fifteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $53.50.

Varonis Systems Trading Down 2.3%

Shares of VRNS stock opened at $33.41 on Monday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.75. The firm has a market cap of $3.94 billion, a P/E ratio of -32.75 and a beta of 0.56. The company has a 50 day moving average of $33.20 and a 200-day moving average of $46.40. Varonis Systems has a 12-month low of $30.02 and a 12-month high of $63.90.

Varonis Systems (NASDAQ:VRNS) last posted its earnings results on Tuesday, October 28th. The technology company reported $0.06 earnings per share 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 firm had revenue of $161.58 million during the quarter, compared to the consensus estimate of $166.47 million. During the same quarter last year, the company earned $0.10 earnings per share. The company’s revenue was up 9.1% on a year-over-year basis. Sell-side analysts anticipate that Varonis Systems will post -0.83 earnings per share for the current year.

Hedge Funds Weigh In On Varonis Systems

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Varonis Systems by 3.6% during the third quarter. Vanguard Group Inc. now owns 12,595,348 shares of the technology company’s stock valued at $723,855,000 after buying an additional 436,462 shares during the period. First Trust Advisors LP increased its holdings in shares of Varonis Systems by 7.9% in the third quarter. First Trust Advisors LP now owns 3,148,243 shares of the technology company’s stock worth $180,930,000 after buying an additional 230,852 shares during the period. Geode Capital Management LLC lifted its stake in shares of Varonis Systems by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 2,670,343 shares of the technology company’s stock valued at $135,537,000 after acquiring an additional 7,342 shares during the last quarter. Stephens Investment Management Group LLC boosted its holdings in Varonis Systems by 4.1% during the 2nd quarter. Stephens Investment Management Group LLC now owns 1,670,404 shares of the technology company’s stock valued at $84,773,000 after acquiring an additional 65,846 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its position in Varonis Systems by 69.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,646,351 shares of the technology company’s stock worth $95,192,000 after acquiring an additional 674,807 shares during the last quarter. Hedge funds and other institutional investors own 95.65% of the company’s stock.

Varonis Systems News Roundup

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

• Negative Sentiment: Hagens Berman says it is scrutinizing Varonis over allegations that executives misled the market about the company’s ability to convert on‑prem customers to its new SaaS platform; lead‑plaintiff deadline set for March 9, 2026. VRNS Investor Alert: Hagens Berman Scrutinizing Varonis Systems (VRNS) Amid Claims of Alleged SaaS Transition Fraud in Securities Class Action
• Negative Sentiment: Hagens Berman published a related release saying the class action follows Varonis’ Oct. 28 disclosure of weaker renewals/conversions and ARR revisions that previously drove shares down ~48% — highlighting the factual basis for investor claims. Varonis Systems, Inc. (VRNS) Hit with Securities Class Action Amid Renewal and ARR Concerns
• Negative Sentiment: Multiple national plaintiff firms (Levi & Korsinsky; Faruqi & Faruqi; Berger Montague; Rosen; Robbins; Pomerantz; Bernstein Liebhard; Schall; Bronstein; Robbins Geller, etc.) are soliciting clients and reminding investors of the March 9 lead‑plaintiff deadline — increasing the likelihood of consolidated litigation and investor scrutiny. Representative notices: Levi & Korsinsky Reminder Faruqi & Faruqi Notice Berger Montague Reminder
• Negative Sentiment: Practical investor impact — litigation raises potential for multi‑year legal costs, settlement risk, reputational damage and management distraction. These risks can weigh on valuation and increase volatility until there is a clear legal outcome or material operational progress on renewals/SaaS conversion. (No separate article link)

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.