Robert W. Baird Raises Varonis Systems (NASDAQ:VRNS) Price Target to $45.00

Varonis Systems (NASDAQ:VRNS) had its target price boosted by research analysts at Robert W. Baird from $40.00 to $45.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the technology company’s stock. Robert W. Baird’s target price would suggest a potential upside of 0.74% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Barclays increased their price objective on shares of Varonis Systems from $33.00 to $52.00 and gave the stock an “overweight” rating in a report on Monday, July 13th. TD Cowen increased their target price on shares of Varonis Systems from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, July 13th. B. Riley Financial boosted their target price on Varonis Systems from $45.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Royal Bank Of Canada raised their target price on Varonis Systems from $30.00 to $36.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Finally, Citigroup reiterated an “overweight” rating on shares of Varonis Systems in a report on Friday. Seventeen research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $46.63.

Varonis Systems Price Performance

Shares of VRNS opened at $44.67 on Wednesday. The company has a current ratio of 1.69, a quick ratio of 1.69 and a debt-to-equity ratio of 1.00. The firm has a market cap of $5.13 billion, a price-to-earnings ratio of -39.18 and a beta of 0.83. Varonis Systems has a 52 week low of $19.70 and a 52 week high of $63.90. The stock has a 50 day moving average of $38.64 and a 200-day moving average of $30.56.

Varonis Systems (NASDAQ:VRNS) last released its earnings results on Tuesday, July 28th. The technology company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.03. The firm had revenue of $180.02 million during 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 firm’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, analysts forecast that Varonis Systems will post -1.05 EPS for the current year.

Institutional Investors Weigh In On Varonis Systems

A number of large investors have recently bought and sold shares of VRNS. Signaturefd LLC boosted its position in Varonis Systems by 47.8% during the fourth quarter. Signaturefd LLC now owns 995 shares of the technology company’s stock worth $33,000 after purchasing an additional 322 shares during the period. Benjamin Edwards Inc. lifted its position in Varonis Systems by 5.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 6,692 shares of the technology company’s stock worth $340,000 after acquiring an additional 351 shares during the last quarter. Amundi boosted its holdings in Varonis Systems by 0.7% during the third quarter. Amundi now owns 52,886 shares of the technology company’s stock valued at $3,212,000 after acquiring an additional 387 shares during the period. Osaic Holdings Inc. grew its position in shares of Varonis Systems by 10.5% in the second quarter. Osaic Holdings Inc. now owns 4,647 shares of the technology company’s stock valued at $234,000 after purchasing an additional 440 shares during the last quarter. Finally, Allworth Financial LP increased its stake in shares of Varonis Systems by 201.3% in the third quarter. Allworth Financial LP now owns 693 shares of the technology company’s stock worth $40,000 after purchasing an additional 463 shares during the period. 95.65% of the stock is currently owned by institutional investors.

More Varonis Systems News

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.