Varonis Systems (NASDAQ:VRNS) Updates 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.

Wall Street Analyst Weigh In

VRNS has been the subject of a number of recent analyst reports. DA Davidson dropped their price target on shares of Varonis Systems from $50.00 to $47.00 and set a “neutral” rating on the stock in a report on Thursday, December 12th. Robert W. Baird raised their target price on shares of Varonis Systems from $60.00 to $62.00 and gave the stock an “outperform” rating in a report on Wednesday, October 23rd. Needham & Company LLC reiterated a “buy” rating and set a $67.00 target price on shares of Varonis Systems in a research note on Monday, January 6th. Jefferies Financial Group dropped their price target on Varonis Systems from $60.00 to $50.00 and set a “hold” rating on the stock in a research note on Thursday, December 19th. Finally, Cantor Fitzgerald started coverage on Varonis Systems in a research report on Thursday, January 9th. They set an “overweight” rating and a $60.00 price objective for the company. Five investment 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $59.44.

Varonis Systems Trading Up 2.0 %

NASDAQ:VRNS traded up $0.94 during trading hours 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. 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 has a 50-day moving average of $46.19 and a 200 day moving average of $51.36. Varonis Systems has a 1 year low of $41.13 and a 1 year high of $60.58. The company has a market cap of $5.27 billion, a P/E ratio of -62.45 and a beta of 0.83.

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 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%. Sell-side analysts expect that Varonis Systems will post -0.7 earnings per share for the current year.

Insider Activity at Varonis Systems

In related news, CFO Guy Melamed sold 91,345 shares of Varonis Systems 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 position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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.