Varonis Systems (NASDAQ:VRNS) Issues 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.

Varonis Systems Price Performance

Shares of NASDAQ VRNS opened at $44.22 on Wednesday. The company has a market capitalization of $4.97 billion, a PE ratio of -59.22 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. The stock’s 50 day moving average price is $46.19 and its 200-day moving average price is $51.36. Varonis Systems has a twelve month low of $41.13 and a twelve month high of $60.58.

Varonis Systems (NASDAQ:VRNS) last announced 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 net margin of 15.31% and a negative return on equity of 17.58%. On average, equities analysts anticipate that Varonis Systems will post -0.7 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Cantor Fitzgerald started coverage on shares of Varonis Systems in a report on Thursday, January 9th. They set an “overweight” rating and a $60.00 target price on the stock. UBS Group lifted their price objective on Varonis Systems from $63.00 to $70.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. DA Davidson dropped their target price on shares of Varonis Systems from $50.00 to $47.00 and set a “neutral” rating for the company in a research report on Thursday, December 12th. JPMorgan Chase & Co. increased their price target on shares of Varonis Systems from $59.00 to $65.00 and gave the stock an “overweight” rating in a report on Monday, October 28th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $67.00 price target on shares of Varonis Systems in a research note on Wednesday. Five investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Varonis Systems presently has an average rating of “Moderate Buy” and a consensus price target of $59.44.

Insider Activity

In other news, CFO Guy Melamed sold 91,345 shares of the stock in a transaction 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 transaction, the chief financial officer now directly owns 504,598 shares of the company’s stock, valued at $27,096,912.60. This represents a 15.33 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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.