Varonis Systems (NASDAQ:VRNS) Releases Q1 2025 Earnings Guidance

Varonis Systems (NASDAQ:VRNS) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of -0.060–0.040 for the period, compared to the consensus estimate of -0.020. The company issued revenue guidance of $130.0 million-$135.0 million, compared to the consensus revenue estimate of $129.9 million. Varonis Systems also updated its FY 2025 guidance to 0.130-0.170 EPS.

Varonis Systems Trading Up 2.0 %

Varonis Systems stock traded up $0.94 during trading on Tuesday, hitting $46.84. The company had a trading volume of 3,199,684 shares, compared to its average volume of 1,709,161. Varonis Systems has a 1-year low of $41.13 and a 1-year high of $60.58. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 1.05. The company’s 50 day simple moving average is $46.19 and its 200-day simple moving average is $51.36. The stock has a market cap of $5.27 billion, a price-to-earnings ratio of -62.45 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last issued its quarterly earnings results on Tuesday, February 4th. The technology company reported ($0.10) EPS for the quarter, missing the consensus estimate 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%. As a group, analysts expect that Varonis Systems will post -0.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

VRNS has been the subject of several recent research reports. Citigroup decreased their price target on shares of Varonis Systems from $57.00 to $46.00 and set a “neutral” rating for the company in a research report on Friday, January 17th. Robert W. Baird lifted their price objective on shares of Varonis Systems from $60.00 to $62.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 23rd. UBS Group lifted their price objective on shares of Varonis Systems from $63.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Cantor Fitzgerald started coverage on shares of Varonis Systems in a research report on Thursday, January 9th. They set an “overweight” rating and a $60.00 price objective for the company. Finally, Piper Sandler decreased their price objective on shares of Varonis Systems from $55.00 to $50.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Five equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $59.44.

Insider Buying and Selling at Varonis Systems

In other news, CFO Guy Melamed sold 91,345 shares of the business’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $53.70, for a total transaction of $4,905,226.50. Following the transaction, the chief financial officer now directly owns 504,598 shares in the company, valued at $27,096,912.60. The trade was a 15.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.60% of the stock is currently owned by company 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.