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

Varonis Systems (NASDAQ:VRNS) issued an update on its FY 2025 earnings guidance on Tuesday morning. 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.

Varonis Systems Stock Performance

Varonis Systems stock 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 firm has a market cap of $5.27 billion, a PE ratio of -62.45 and a beta of 0.83. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.81 and a quick ratio of 1.81. Varonis Systems has a one year low of $41.13 and a one year high of $60.58. The firm has a 50-day moving average of $46.19 and a 200 day moving average of $51.36.

Varonis Systems (NASDAQ:VRNS) last released its quarterly earnings results 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 net margin of 15.31% and a negative return on equity of 17.58%. On average, sell-side analysts expect that Varonis Systems will post -0.7 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on VRNS shares. JPMorgan Chase & Co. increased their target price on shares of Varonis Systems from $59.00 to $65.00 and gave the stock an “overweight” rating in a research report on Monday, October 28th. Piper Sandler decreased their target price on shares of Varonis Systems from $55.00 to $50.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. Cantor Fitzgerald started coverage on shares of Varonis Systems in a research report on Thursday, January 9th. They set an “overweight” rating and a $60.00 target price on the stock. Robert W. Baird increased 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. Finally, Needham & Company LLC restated a “buy” rating and set a $67.00 target price on shares of Varonis Systems in a research report on Monday, January 6th. Five research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $59.44.

Insider Activity

In other Varonis Systems news, CFO Guy Melamed sold 91,345 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were 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 directly owns 504,598 shares in the company, valued at approximately $27,096,912.60. This trade represents a 15.33 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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.