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

Varonis Systems (NASDAQ:VRNS) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.130-0.170 for the period, compared to the consensus earnings per share 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.

Analyst Upgrades and Downgrades

VRNS has been the subject of several recent analyst reports. Robert W. Baird raised 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. Jefferies Financial Group reduced their target price on Varonis Systems from $60.00 to $50.00 and set a “hold” rating for the company in a research note on Thursday, December 19th. Cantor Fitzgerald began coverage on Varonis Systems in a research note on Thursday, January 9th. They set an “overweight” rating and a $60.00 price target on the stock. JPMorgan Chase & Co. raised their price objective on Varonis Systems from $59.00 to $65.00 and gave the company an “overweight” rating in a research note on Monday, October 28th. Finally, Piper Sandler lowered their target price on Varonis Systems from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. Five equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $59.44.

Varonis Systems Stock Performance

Shares of Varonis Systems stock traded up $0.94 during trading hours on Tuesday, hitting $46.84. 3,199,684 shares of the company’s stock traded hands, compared to its average volume of 1,709,161. The company has a fifty day simple moving average of $46.19 and a 200-day simple moving average of $51.36. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.81 and a quick ratio of 1.81. The stock has a market capitalization of $5.27 billion, a price-to-earnings ratio of -62.45 and a beta of 0.83. Varonis Systems has a 12-month low of $41.13 and a 12-month high of $60.58.

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

Insider Buying and Selling

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

About Varonis Systems

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.