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

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

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on VRNS. Citigroup decreased 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. 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. Royal Bank of Canada reiterated an “outperform” rating and issued a $65.00 target price on shares of Varonis Systems in a research note on Wednesday, October 30th. Piper Sandler lowered their price target 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. Finally, Jefferies Financial Group cut their price objective on Varonis Systems from $60.00 to $50.00 and set a “hold” rating for the company in a research report on Thursday, December 19th. Five equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Varonis Systems has an average rating of “Moderate Buy” and an average price target of $59.44.

Varonis Systems Price Performance

NASDAQ VRNS traded up $0.94 on Tuesday, hitting $46.84. 3,199,684 shares of the company’s stock were exchanged, compared to its average volume of 1,709,161. The stock has a 50-day moving average of $46.19 and a 200-day moving average of $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 has a 52 week low of $41.13 and a 52 week 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.

Varonis Systems (NASDAQ:VRNS) last announced its quarterly earnings data on Tuesday, February 4th. The technology company reported ($0.10) earnings per share 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%. Analysts expect that Varonis Systems will post -0.7 earnings per share for the current year.

Insider Activity

In related 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 transaction of $4,905,226.50. Following the sale, the chief financial officer now owns 504,598 shares of the company’s stock, valued at $27,096,912.60. This trade represents a 15.33 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.60% of the stock is currently owned by corporate 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.