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

Varonis Systems (NASDAQ:VRNS) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of -0.060–0.040 for the period, compared to the consensus earnings per share 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.

Analyst Ratings Changes

VRNS has been the subject of several research analyst reports. Robert W. Baird boosted their target price 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. Piper Sandler reduced their price objective on Varonis Systems from $55.00 to $50.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. Citigroup lowered their target price on shares of Varonis Systems from $57.00 to $46.00 and set a “neutral” rating for the company in a research note on Friday, January 17th. Needham & Company LLC reaffirmed a “buy” rating and issued a $67.00 price target on shares of Varonis Systems in a report on Wednesday. Finally, Cantor Fitzgerald started coverage on shares of Varonis Systems in a research note on Thursday, January 9th. They set an “overweight” rating and a $60.00 price objective on the stock. Five equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $59.44.

Varonis Systems Trading Down 5.6 %

Shares of NASDAQ VRNS opened at $44.22 on Wednesday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 1.05. Varonis Systems has a one year low of $41.13 and a one year high of $60.58. The business has a 50-day moving average price of $46.19 and a two-hundred day moving average price of $51.36. The firm has a market capitalization of $4.97 billion, a PE ratio of -59.22 and a beta of 0.83.

Varonis Systems (NASDAQ:VRNS) last posted 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 return on equity of 17.58% and a negative net margin of 15.31%. As a group, analysts predict that Varonis Systems will post -0.7 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Guy Melamed sold 91,345 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $53.70, for a total transaction of $4,905,226.50. Following the completion of 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.60% of the company’s stock.

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.