Varonis Systems (NASDAQ:VRNS) Issues FY 2025 Earnings Guidance

Varonis Systems (NASDAQ:VRNS) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 0.130-0.170 for the period, compared to the consensus EPS estimate of 0.350. The company issued revenue guidance of $610.0 million-$625.0 million, compared to the consensus revenue estimate of $627.3 million. Varonis Systems also updated its Q1 2025 guidance to -0.060–0.040 EPS.

Analysts Set New Price Targets

A number of research firms recently weighed in on VRNS. Needham & Company LLC reiterated a “buy” rating and issued a $67.00 price objective on shares of Varonis Systems in a research report on Wednesday. Royal Bank of Canada reiterated an “outperform” rating and set a $65.00 price target on shares of Varonis Systems in a research note on Wednesday, October 30th. Citigroup cut their price target on shares of Varonis Systems from $57.00 to $46.00 and set a “neutral” rating for the company in a report on Friday, January 17th. Piper Sandler lowered their price objective on Varonis Systems from $55.00 to $50.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Finally, DA Davidson cut their target price on Varonis Systems from $50.00 to $47.00 and set a “neutral” rating for the company in a research note on Thursday, December 12th. Five investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $59.12.

Varonis Systems Price Performance

Shares of Varonis Systems stock traded down $3.16 during trading on Thursday, hitting $40.21. 2,427,940 shares of the company were exchanged, compared to its average volume of 2,012,002. The firm has a 50 day moving average price of $46.19 and a 200 day moving average price of $51.36. The stock has a market capitalization of $4.52 billion, a price-to-earnings ratio of -53.43 and a beta of 0.83. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 1.05. Varonis Systems has a fifty-two week low of $40.06 and a fifty-two week high of $60.58.

Varonis Systems (NASDAQ:VRNS) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.24). Varonis Systems had a negative net margin of 15.31% and a negative return on equity of 17.58%. On average, equities analysts expect that Varonis Systems will post -0.7 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Varonis Systems news, CFO Guy Melamed sold 91,345 shares of Varonis Systems stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $53.70, for a total value of $4,905,226.50. Following the transaction, the chief financial officer now owns 504,598 shares in the company, valued at $27,096,912.60. This trade represents a 15.33 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.60% of the stock is owned by corporate insiders.

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.