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

Varonis Systems (NASDAQ:VRNS) issued an update on its first quarter 2025 earnings guidance on Tuesday. The company provided 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.

Varonis Systems Stock Down 5.6 %

Shares of NASDAQ:VRNS opened at $44.22 on Wednesday. Varonis Systems has a fifty-two week low of $41.13 and a fifty-two week high of $60.58. The firm’s 50 day moving average price is $46.19 and its 200 day moving average price is $51.36. 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 has a market cap of $4.97 billion, a price-to-earnings ratio of -59.22 and a beta of 0.83.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on VRNS shares. Needham & Company LLC reiterated a “buy” rating and set a $67.00 price target on shares of Varonis Systems in a research note on Wednesday. Royal Bank of Canada restated an “outperform” rating and issued a $65.00 price objective on shares of Varonis Systems in a research note on Wednesday, October 30th. Citigroup cut their price objective on shares of Varonis Systems from $57.00 to $46.00 and set a “neutral” rating for the company in a research report on Friday, January 17th. DA Davidson lowered their target price 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. Finally, 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. 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. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $59.44.

Insider Activity at Varonis Systems

In other news, CFO Guy Melamed sold 91,345 shares of the company’s stock in a transaction dated 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 owns 504,598 shares of the company’s stock, valued at $27,096,912.60. This represents a 15.33 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.60% of the stock is 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.