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

Varonis Systems (NASDAQ:VRNS - Get Free Report) 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.

Analyst Upgrades and Downgrades

VRNS has been the topic of a number of analyst reports. DA Davidson decreased their price objective on Varonis Systems from $50.00 to $47.00 and set a "neutral" rating on the stock in a research note on Thursday, December 12th. Royal Bank of Canada reiterated an "outperform" rating and set a $65.00 price objective on shares of Varonis Systems in a research note on Wednesday, October 30th. Piper Sandler decreased their price objective on Varonis Systems from $55.00 to $50.00 and set a "neutral" rating on the stock in a research note on Monday, January 6th. Wells Fargo & Company decreased their price objective on Varonis Systems from $48.00 to $46.00 and set an "equal weight" rating on the stock in a research note on Wednesday. Finally, Robert W. Baird boosted their price objective on Varonis Systems from $60.00 to $62.00 and gave the company an "outperform" rating in a research note on Wednesday, October 23rd. Five research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $59.38.

Varonis Systems Price Performance

Shares of Varonis Systems stock traded up $0.58 during trading on Friday, hitting $40.59. 2,496,127 shares of the stock traded hands, compared to its average volume of 2,199,414. 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 $4.57 billion, a price-to-earnings ratio of -47.20 and a beta of 0.83. The firm's fifty day moving average is $45.68 and its 200-day moving average is $51.18. Varonis Systems has a 52 week low of $39.62 and a 52 week high of $60.58.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last announced 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 17.38% and a negative return on equity of 20.45%. Research analysts expect that Varonis Systems will post -0.74 EPS for the current fiscal year.

Insider Activity at Varonis Systems

In related news, CFO Guy Melamed sold 91,345 shares of the stock in a transaction dated 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 sale, the chief financial officer now directly owns 504,598 shares in the company, valued at $27,096,912.60. This represents a 15.33 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.60% of the stock is currently owned by company 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.