Wedbush Forecasts Varonis Systems’ Q3 Earnings (NASDAQ:VRNS)

Varonis Systems, Inc. (NASDAQ:VRNS) – Investment analysts at Wedbush cut their Q3 2025 earnings estimates for Varonis Systems in a report issued on Wednesday, September 3rd. Wedbush analyst D. Ives now expects that the technology company will post earnings of ($0.21) per share for the quarter, down from their previous forecast of ($0.18). Wedbush currently has a “Outperform” rating and a $65.00 price target on the stock. The consensus estimate for Varonis Systems’ current full-year earnings is ($0.83) per share. Wedbush also issued estimates for Varonis Systems’ Q4 2025 earnings at ($0.22) EPS, FY2025 earnings at ($0.90) EPS, Q1 2026 earnings at ($0.28) EPS and FY2026 earnings at ($0.74) EPS.

Several other research firms also recently commented on VRNS. Morgan Stanley boosted their target price on shares of Varonis Systems from $59.00 to $66.00 and gave the stock an “overweight” rating in a research report on Tuesday. Robert W. Baird upped their price objective on shares of Varonis Systems from $58.00 to $63.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 30th. Royal Bank Of Canada reissued an “outperform” rating and set a $64.00 target price on shares of Varonis Systems in a research report on Wednesday. Citigroup increased their target price on shares of Varonis Systems from $51.00 to $58.00 and gave the company a “neutral” rating in a research report on Monday, August 18th. Finally, B. Riley initiated coverage on shares of Varonis Systems in a research note on Tuesday, August 26th. They set a “buy” rating and a $80.00 price target on the stock. Fourteen equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $61.65.

Varonis Systems Price Performance

VRNS stock opened at $56.03 on Friday. The company’s fifty day simple moving average is $54.60 and its 200 day simple moving average is $47.73. Varonis Systems has a 12-month low of $36.53 and a 12-month high of $60.58. The firm has a market cap of $6.28 billion, a price-to-earnings ratio of -60.90 and a beta of 0.67. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 1.32.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings data on Tuesday, July 29th. The technology company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The company had revenue of $152.16 million for the quarter, compared to analysts’ expectations of $147.80 million. Varonis Systems had a negative net margin of 17.30% and a negative return on equity of 23.06%. Varonis Systems’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.05 earnings per share. Varonis Systems has set its FY 2025 guidance at 0.160-0.180 EPS. Q3 2025 guidance at 0.070-0.080 EPS.

Hedge Funds Weigh In On Varonis Systems

Several institutional investors and hedge funds have recently made changes to their positions in VRNS. Norges Bank bought a new position in shares of Varonis Systems during the 2nd quarter valued at $65,161,000. Voya Investment Management LLC grew its holdings in Varonis Systems by 98.6% in the 1st quarter. Voya Investment Management LLC now owns 2,321,317 shares of the technology company’s stock worth $93,897,000 after acquiring an additional 1,152,687 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in Varonis Systems by 26.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,084,830 shares of the technology company’s stock worth $165,231,000 after acquiring an additional 848,408 shares during the last quarter. RGM Capital LLC grew its holdings in Varonis Systems by 45.5% in the 1st quarter. RGM Capital LLC now owns 2,706,531 shares of the technology company’s stock worth $109,479,000 after acquiring an additional 846,475 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in Varonis Systems by 319.8% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 971,544 shares of the technology company’s stock worth $48,606,000 after acquiring an additional 740,114 shares during the last quarter. Institutional investors own 95.65% of the company’s stock.

Insider Buying and Selling at Varonis Systems

In other news, Director Den Bosch Fred Van sold 3,000 shares of the firm’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $55.08, for a total transaction of $165,240.00. Following the sale, the director owned 128,666 shares in the company, valued at approximately $7,086,923.28. This trade represents a 2.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Guy Melamed sold 1,500 shares of the firm’s stock in a transaction on Friday, August 29th. The shares were sold at an average price of $59.59, for a total transaction of $89,385.00. Following the sale, the chief financial officer owned 412,105 shares in the company, valued at approximately $24,557,336.95. This trade represents a 0.36% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 113,386 shares of company stock worth $6,429,405. Corporate insiders own 2.30% 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.