Varonis Systems (NASDAQ:VRNS) Stock

VARONIS SYSTEMS INC

Varonis Systems

Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.

Varonis Systems Inc

Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) is preparing to release its quarterly earnings on Tuesday, 2025-07-29. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Varonis Systems to report an earnings per share (EPS) of $-0.09.
The announcement from Varonis Systems is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Historical Earnings Performance</h3>
Last quarter the company beat EPS by $0.05, which was followed by a 2.28% increase in the share price the next day.
Here's a look at Varonis Systems's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.05</td>
<td>0.14</td>
<td>0.07</td>
<td>-0.02</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0</td>
<td>0.18</td>
<td>0.10</td>
<td>0.05</td>
</tr>
<tr>
<td>Price Change %</td>
<td>2.0%</td>
<td>-7.000000000000001%</td>
<td>-11.0%</td>
<td>15.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1753729392_0.png" alt="eps graph" />
<h3>Tracking Varonis Systems's Stock Performance</h3>
Shares of Varonis Systems were trading at $54.69 as of July 25. Over the last 52-week period, shares are down 0.85%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. 
<h3>Analyst Insights on Varonis Systems</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Varonis Systems.
With 9 analyst ratings, Varonis Systems has a consensus rating of Outperform. The average one-year price target is $59.11, indicating a potential 8.08% upside.
<h3>Comparing Ratings with Competitors</h3>
In this analysis, we delve into the analyst ratings and average 1-year price targets of SentinelOne, UiPath and CommVault Systems, three key industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Neutral trajectory for SentinelOne, with an average 1-year price target of $22.15, suggesting a potential 59.5% downside.</li>
<li>Analysts currently favor an Neutral trajectory for UiPath, with an average 1-year price target of $14.25, suggesting a potential 73.94% downside.</li>
<li>Analysts currently favor an Buy trajectory for CommVault Systems, with an average 1-year price target of $193.57, suggesting a potential 253.94% upside.</li>
</ul>
<h3>Snapshot: Peer Analysis</h3>
The peer analysis summary offers a detailed examination of key metrics for SentinelOne, UiPath and CommVault Systems, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Varonis Systems</td>
<td>Outperform</td>
<td>19.65%</td>
<td>$107.41M</td>
<td>-8.69%</td>
</tr>
<tr>
<td>SentinelOne</td>
<td>Neutral</td>
<td>22.90%</td>
<td>$172.50M</td>
<td>-12.95%</td>
</tr>
<tr>
<td>UiPath</td>
<td>Neutral</td>
<td>6.42%</td>
<td>$292.77M</td>
<td>-1.27%</td>
</tr>
<tr>
<td>CommVault Systems</td>
<td>Buy</td>
<td>23.17%</td>
<td>$227.27M</td>
<td>10.11%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Varonis Systems ranks at the bottom for Revenue Growth among its peers. It also ranks lowest for Gross Profit margin. In terms of Return on Equity, Varonis Systems is positioned at the bottom compared to its peers. Overall, Varonis Systems lags behind its peers in key financial metrics.
<h3>Get to Know Varonis Systems Better</h3>
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
<h3>Key Indicators: Varonis Systems's Financial Health</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Varonis Systems's remarkable performance in 3 months is evident. As of 31 March, 2025, the company achieved an impressive revenue growth rate of 19.65%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -26.23%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Varonis Systems's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -8.69%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Varonis Systems's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -2.21%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a high debt-to-equity ratio of 2.02, Varonis Systems faces challenges in effectively managing its debt levels, indicating potential financial strain.
<a href="https://www.benzinga.com/quote/VRNS/earnings">To track all earnings releases for Varonis Systems visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

VRNS

A Glimpse of Varonis Systems's Earnings Potential

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Barclays raised Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) price target from $220 to $235. Barclays analyst Ross Sandler maintained an Overweight rating. Alphabet shares closed at $190.23 on Wednesday. <a href="https://www.benzinga.com/quote/GOOGL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Morgan Stanley increased the price target for GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>) from $511 to $675. Morgan Stanley analyst Andrew Percoco maintained an Overweight rating. GE Vernova shares closed at $629.03 on Wednesday. <a href="https://www.benzinga.com/quote/GEV/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Keybanc slashed Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) price target from $60 to $58. Keybanc analyst Eric Gonzalez maintained an Overweight rating. Chipotle shares closed at $52.78 on Wednesday. <a href="https://www.benzinga.com/quote/CMG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Deutsche Bank cut the price target for Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) from $49 to $42. Deutsche Bank analyst Corinne Blanchard maintained a Hold rating. Enphase Energy shares closed at $36.48 on Tuesday. <a href="https://www.benzinga.com/quote/ENPH/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities cut the price target for International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) from $320 to $310. B of A Securities analyst Wamsi Mohan maintained a Buy rating. IBM shares closed at $282.01 on Wednesday. <a href="https://www.benzinga.com/quote/IBM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Baird raised Varonis Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) price target from $55 to $58. Baird analyst Shrenik Kothari maintained an Outperform rating. Varonis Systems shares settled at $51.81 on Wednesday. <a href="https://www.benzinga.com/quote/VRNS/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel increased XPO, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPO#NYSE">XPO</a>) price target from $135 to $145. Stifel analyst J. Bruce Chan maintained a Buy rating. XPO shares closed at $135.00 on Wednesday. <a href="https://www.benzinga.com/quote/XPO/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler cut Chubb Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CB#NYSE">CB</a>) price target from $335 to $283. Piper Sandler analyst Paul Newsome downgraded the stock from Overweight to Neutral. Chubb shares closed at $270.15 on Wednesday.  <a href="https://www.benzinga.com/quote/CB/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Benchmark raised the price target for MaxLinear, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NASDAQ">MXL</a>) from $20 to $25. Benchmark analyst David Williams maintained a Buy rating. MaxLinear shares settled at $15.32 on Wednesday. <a href="https://www.benzinga.com/quote/MXL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley increased Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>) price target from $83 to $85. Morgan Stanley analyst Megan Alexander maintained an Overweight rating. Hasbro shares closed at $76.84 on Wednesday. <a href="https://www.benzinga.com/quote/has/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying GOOGL stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><a href="https://www.benzinga.com/quote/GOOGL/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="558" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24091321/image-369-1024x558.png" alt="" class="wp-image-999054" style="width:624px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24091321/image-369-1024x558.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24091321/image-369-300x164.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24091321/image-369-768x419.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24091321/image-369.png 1097w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46570034/jim-cramer-likes-stocks-yield-not-fundamentals">Jim Cramer Loves &#8216;That Yield&#8217; But Passes On This Stock: &#8216;Fundamentals Are Hurting&#8217;</a></li>
</ul>
Photo via Shutterstock

News

Price Target

Markets

Analyst Ratings

Trading Ideas

ENPH

GOOGL

Alphabet To Rally Around 24%? Here Are 10 Top Analyst Forecasts For Thursday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Jefferies analyst Joseph Gallo upgraded Varonis Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) from Hold to Buy and raised the price target from $50 to $65. Varonis Systems shares closed at $51.81 on Wednesday. <a href="https://www.benzinga.com/quote/vrns/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo analyst Eric Luebchow upgraded the rating for Crown Castle Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) from Equal-Weight to Overweight and raised the price target from $105 to $125. Crown Castle shares closed at $109.73 on Wednesday. <a href="https://www.benzinga.com/quote/cci/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wolfe Research analyst Myles Walton upgraded General Dynamics Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) from Peer Perform to Outperform and maintained the price target of $360. General Dynamics shares closed at $316.94 on Wednesday. <a href="https://www.benzinga.com/quote/gd/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird analyst Eric Coldwell upgraded the rating for ICON Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLR#NASDAQ">ICLR</a>) from Neutral to Outperform and raised the price target from $150 to $224. Icon shares closed at $167.89 on Wednesday. <a href="https://www.benzinga.com/quote/iclr/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer analyst Jason Helfstein upgraded Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) from Perform to Outperform and announced a price target of $800. Spotify shares closed at $674.46 on Wednesday. <a href="https://www.benzinga.com/quote/spot/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying SPOT stock? Here&#8217;s what analysts think:
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="579" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24083413/image-364-1024x579.png" alt="" class="wp-image-998977" style="width:573px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24083413/image-364-1024x579.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24083413/image-364-300x170.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24083413/image-364-768x434.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/24083413/image-364.png 1133w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46570034/jim-cramer-likes-stocks-yield-not-fundamentals">Jim Cramer Loves &#8216;That Yield&#8217; But Passes On This Stock: &#8216;Fundamentals Are Hurting&#8217;</a></li>
</ul>
Photo via Shutterstock

Upgrades

Pre-Market Outlook

ICLR

SPOT

This Spotify Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday

Baird analyst Shrenik Kothari maintains Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) with a Outperform and raises the price target from $55 to $58.

Baird Maintains Outperform on Varonis Systems, Raises Price Target to $58

Jefferies analyst Joseph Gallo upgrades Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) from Hold to Buy and raises the price target from $50 to $65.

Jefferies Upgrades Varonis Systems to Buy, Raises Price Target to $65

Certification affirms that Varonis' cloud-native Data Security Platform meets stringent legal requirements for safeguarding personal medical information
MIAMI, July 23, 2025 (GLOBE NEWSWIRE) -- <a href="https://www.globenewswire.com/Tracker?data=ueiSxjK4-uH9YSAg4sAq2WA3MfgCbwzvw8jAd0apuV_1DfRdNgCpLgIbRHW6TZ8K2ufVmDDy1OsQJic-C26KR4O4prje2Yy2eq7V3ecZblM=">Varonis Systems, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>), the leader in data security, announced it achieved Hébergeur de Données de Santé (Health Data Hosting) certification. This certification is a prerequisite for&nbsp;any organization wishing to host health data in France and provides a framework for the security and protection of personal health data.
The certification demonstrates Varonis' ability to meet the requirements as defined in the HDS Referential version 2.0.

Varonis Systems Secures Hébergeur de Données de Santé Certification

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterates Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) with a Overweight and maintains $60 price target.

Reiteration

Cantor Fitzgerald Reiterates Overweight on Varonis Systems, Maintains $60 Price Target

Wells Fargo analyst Andrew Nowinski maintains Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) with a Equal-Weight and raises the price target from $46 to $51.

Wells Fargo Maintains Equal-Weight on Varonis Systems, Raises Price Target to $51

During the last three months, 7 analysts shared their evaluations of Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>), revealing diverse outlooks from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have recently evaluated Varonis Systems and provided 12-month price targets. The average target is $55.57, accompanied by a high estimate of $60.00 and a low estimate of $45.00. A 1.02% drop is evident in the current average compared to the previous average price target of $56.14. 
<img src="https://www.benzinga.com/files/images/story/2025/1752498034_0_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of Varonis Systems among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$60.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Jonathan Ruykhaver</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$60.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$58.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Roger Boyd</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$60.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Jonathan Ruykhaver</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$60.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Brian Essex</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$45.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Hamza Fodderwala</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$46.00</td>
<td>$54.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Varonis Systems. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Varonis Systems compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Varonis Systems's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/VRNS/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Varonis Systems analyst ratings.</a>
<h2>Get to Know Varonis Systems Better</h2>
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
<h3>Varonis Systems: Financial Performance Dissected</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Positive Revenue Trend: Examining Varonis Systems's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 19.65% as of 31 March, 2025, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Varonis Systems's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -26.23%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Varonis Systems's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -8.69%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -2.21%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a high debt-to-equity ratio of 2.02, Varonis Systems faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Significance of Analyst Ratings Explained</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

7 Analysts Assess Varonis Systems: What You Need To Know

Barclays analyst Saket Kalia maintains Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) with a Overweight and raises the price target from $54 to $60.

Barclays Maintains Overweight on Varonis Systems, Raises Price Target to $60

<a href="https://www.globenewswire.com/Tracker?data=pMwGRFG9ZHr9bc2OL_IaDKid2OBkqGRnEJyMy7BLDncZ6TR0hBUQsTAMmUk74GY1t2IU8XIeZLDnx0ufawL0UTfGOMHKPvb5f3Bmc5rAfJY=">Varonis Systems, Inc.</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>), a leader in data security, today announced a strategic partnership with Microsoft to help secure the next generation of workplace AI.
The companies will build upon <a href="https://www.globenewswire.com/Tracker?data=YRiukOwie6AbONabA79p50OAW49O3ZQJPG1jPP2xKmsWEaho3-MjBPVnVfsAmw9WKoC_lvwuZ-GtEFNSZ63jVpSuaGaKWHpD3BfW6p-2vQ466kpSGju16d_8VLP1HnpTWC_9V_CxHU4sSlX6uIZQkg==">existing product innovations</a> that help organizations securely adopt Microsoft Copilot. The partnership will also deepen the integration between the Varonis Data Security Platform and Microsoft's security portfolio — including Microsoft Purview — to deliver automated protection for sensitive data across the Microsoft ecosystem and beyond.
The agreement lays out an engineering-led plan to solve one of the foundational challenges of the AI era — preventing AI tools, agents, and LLMs from accessing unauthorized data.

Varonis Systems Partners With Microsoft To Help Secure Next Gen Of Workplace AI

<a href="https://www.globenewswire.com/Tracker?data=efyyNC6NBz6Y2CBUFC-ZYhXNItGJecUidi50lQJv-4qiMfqYN3tpCfe8CIwoI0jJ3FRIlnIPd2E7y-ns3hZiDpLIQ8as0qz_tQD_iUHltY4=">Varonis Systems, Inc.</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>), the data security leader, today extended its industry-leading Data Security Platform to OpenAI's ChatGPT Enterprise Compliance API. The integration helps customers automatically identify sensitive data uploads, monitor prompts and responses, and prevent breaches and compliance violations.
ChatGPT Enterprise boosts workforce productivity for <a href="https://www.globenewswire.com/Tracker?data=10KtUbL7-LoNnWDEOHdyUby-txGffWT62Zd6qGNwfayVJ9aEF802cuvQM8A7D8VrXl_qg9Z1ebIQb4brm7LVkoelCYRJCUGBc1OP1DjNBryJ8t69h-RtDYYZal6ZUTW4TxUtVsa0YeIPBZ-dTnH0LSEWMJC4mURNmOTlB5lZH1_IKftfJLTRdB8FXC2kEER4">more than 3 million enterprise users.</a> The more data the application can access, the more relevant and useful its responses become.
Varonis for ChatGPT Enterprise gives customers a powerful and additional layer of defense against compromised accounts, insider threats, and misuse that could result in data breaches or regulatory penalties. By continuously right-sizing permissions and monitoring interactions, Varonis limits sensitive data flows and alerts security teams to abnormal and risky behavior.

Varonis Integrates Data Security Platform With OpenAI's ChatGPT Enterprise Compliance API To Enhance Data Protection And Compliance

Throughout the last three months, 8 analysts have evaluated Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>), offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">5</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $53.25, a high estimate of $60.00, and a low estimate of $45.00. This current average represents a 5.11% decrease from the previous average price target of $56.12. 
<img src="https://www.benzinga.com/files/images/story/2025/1749578434_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
The standing of Varonis Systems among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jonathan Ruykhaver</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$60.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Matthew Hedberg</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$58.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Roger Boyd</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$60.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Jonathan Ruykhaver</td>
<td>Cantor Fitzgerald</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$60.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Brian Essex</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$45.00</td>
<td>$55.00</td>
</tr>
<tr>
<td>Hamza Fodderwala</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$46.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Saket Kalia</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$52.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Joseph Gallo</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Hold</td>
<td>$45.00</td>
<td>$50.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Varonis Systems. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Varonis Systems compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of Varonis Systems's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Varonis Systems's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/VRNS/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Varonis Systems analyst ratings.</a>
<h2>Discovering Varonis Systems: A Closer Look</h2>
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
<h3>Key Indicators: Varonis Systems's Financial Health</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Positive Revenue Trend: Examining Varonis Systems's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 19.65% as of 31 March, 2025, showcasing a substantial increase in top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Varonis Systems's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -26.23%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -8.69%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Varonis Systems's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -2.21%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: With a high debt-to-equity ratio of 2.02, Varonis Systems faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Assessing Varonis Systems: Insights From 8 Financial Analysts

Government

Regulations

Varonis Achieves FedRAMP Authorization For Native Data Security Platform

RBC Capital analyst Matthew Hedberg maintains Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) with a Outperform and raises the price target from $55 to $58.

RBC Capital Maintains Outperform on Varonis Systems, Raises Price Target to $58

UBS analyst Roger Boyd maintains Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) with a Buy and raises the price target from $55 to $60.

UBS Maintains Buy on Varonis Systems, Raises Price Target to $60

Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) raises FY2025 Adj EPS guidance from $0.13-$0.17 to $0.14-$0.17 vs $0.17 analyst estimate. Affirms FY2025 sales outlook from $610.00 million-$625.00 million to $610.00 million-$625.00 million vs $620.28 million estimate.

Guidance

Varonis Systems Raises FY2025 Adj EPS Guidance from $0.13-$0.17 to $0.14-$0.17 vs $0.17 Est; Affirms FY2025 Sales Guidance of $610.00M-$625.00M vs $620.28M Est

Varonis Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRNS#NASDAQ">VRNS</a>) Q2 expected to be below $0.01 vs $0.03 Est. sees Q2 sales of $145.000 million-$150.000 million vs $147.64 million analyst estimate.

Comments

Varonis Systems

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL