UBS Group Raises Varonis Systems (NASDAQ:VRNS) Price Target to $37.00

Varonis Systems (NASDAQ:VRNS) had its price target raised by stock analysts at UBS Group from $30.00 to $37.00 in a research note issued on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the technology company’s stock. UBS Group’s price target indicates a potential upside of 35.15% from the company’s previous close.

VRNS has been the subject of several other research reports. Royal Bank Of Canada upped their target price on shares of Varonis Systems from $30.00 to $36.00 and gave the stock an “outperform” rating in a report on Wednesday. Citigroup dropped their target price on shares of Varonis Systems from $37.00 to $28.00 and set a “neutral” rating for the company in a report on Wednesday, February 4th. William Blair reaffirmed a “market perform” rating on shares of Varonis Systems in a report on Monday, March 23rd. Barclays upped their target price on shares of Varonis Systems from $28.00 to $33.00 and gave the stock an “overweight” rating in a report on Wednesday. Finally, Cantor Fitzgerald dropped their target price on shares of Varonis Systems from $50.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Fifteen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $41.26.

Varonis Systems Price Performance

Varonis Systems stock traded up $1.94 during mid-day trading on Wednesday, hitting $27.38. The stock had a trading volume of 5,092,538 shares, compared to its average volume of 2,982,984. The firm has a market capitalization of $3.14 billion, a P/E ratio of -24.03 and a beta of 0.68. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.76. The firm’s 50 day moving average is $23.32 and its 200 day moving average is $31.54. Varonis Systems has a one year low of $19.70 and a one year high of $63.90.

Varonis Systems (NASDAQ:VRNS) last issued its earnings results on Tuesday, April 28th. The technology company reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.11. The company had revenue of $173.13 million during the quarter, compared to the consensus estimate of $165.52 million. Varonis Systems had a negative net margin of 20.74% and a negative return on equity of 22.95%. The company’s quarterly revenue was up 26.9% compared to the same quarter last year. Varonis Systems has set its FY 2026 guidance at 0.110-0.120 EPS and its Q2 2026 guidance at 0.000-0.010 EPS. On average, sell-side analysts forecast that Varonis Systems will post -0.99 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP David Bass purchased 2,980 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were acquired at an average price of $23.47 per share, for a total transaction of $69,940.60. Following the purchase, the executive vice president directly owned 1,042,924 shares in the company, valued at $24,477,426.28. This trade represents a 0.29% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Avrohom J. Kess purchased 17,800 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was bought at an average price of $22.29 per share, for a total transaction of $396,762.00. Following the purchase, the director owned 49,403 shares in the company, valued at approximately $1,101,192.87. This represents a 56.32% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 25,780 shares of company stock worth $579,403 in the last 90 days. 2.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Varonis Systems

Several hedge funds have recently bought and sold shares of VRNS. Jacobs Levy Equity Management Inc. purchased a new stake in Varonis Systems in the 4th quarter worth $48,263,000. First Trust Advisors LP raised its position in shares of Varonis Systems by 40.6% during the 4th quarter. First Trust Advisors LP now owns 4,427,245 shares of the technology company’s stock valued at $145,214,000 after buying an additional 1,279,002 shares in the last quarter. Pictet Asset Management Holding SA raised its position in shares of Varonis Systems by 99.1% during the 4th quarter. Pictet Asset Management Holding SA now owns 2,178,380 shares of the technology company’s stock valued at $71,480,000 after buying an additional 1,084,267 shares in the last quarter. Norges Bank purchased a new stake in shares of Varonis Systems during the 4th quarter valued at about $28,811,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its position in shares of Varonis Systems by 166.7% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,360,000 shares of the technology company’s stock valued at $78,159,000 after buying an additional 850,000 shares in the last quarter. Hedge funds and other 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: Q1 beat and upgraded guidance — Varonis reported $0.06 EPS vs. a -$0.05 consensus and revenue of $173.1M (above estimates), raised FY2026 EPS guidance to $0.110–0.120 and Q2 EPS to $0.000–0.010 while nudging FY revenue guidance above Street estimates. Varonis Announces First Quarter 2026 Financial Results
• Positive Sentiment: SaaS ARR acceleration — management signaled total SaaS ARR guidance of roughly $814M–$845M for 2026 after Q1; total SaaS ARR was reported at $683.2M (big YoY growth) and SaaS ARR ex-conversions rose ~29% YoY — a key metric for recurring revenue strength. Varonis signals $814M-$845M 2026 total SaaS ARR
• Positive Sentiment: Analyst bullishness — multiple firms raised targets/ratings after results (examples: Wedbush to $37/outperform, Wells Fargo to $35/overweight, Needham/Susquehanna to $36, Barclays/Stephens to $33), signaling renewed sell-side confidence and scope for upside. These Analysts Increase Their Forecasts On Varonis Systems Following Q1 Results
• Neutral Sentiment: Product / M&A progress — company launched Varonis Atlas (leveraging the AllTrue.ai acquisition) and posted the earnings deck and call transcript for deeper investor review; these items help validate strategy but impact is medium-term. View Press Release / Slide Deck
• Negative Sentiment: Profitability and longer-term technicals — Varonis remains unprofitable on a net-margin and ROE basis, and its 200‑day moving average sits above the current price, underscoring residual execution and valuation risks despite the beat. Market data and metrics

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.