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

Varonis Systems (NASDAQ:VRNS - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of -0.060--0.040 for the period, compared to the consensus earnings per share 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 Up 1.4 %

VRNS stock traded up $0.58 on Friday, reaching $40.59. 2,496,127 shares of the company traded hands, compared to its average volume of 2,199,414. Varonis Systems has a one year low of $39.62 and a one year high of $60.58. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.81 and a quick ratio of 1.81. The company has a market cap of $4.57 billion, a P/E ratio of -47.20 and a beta of 0.83. The firm has a fifty day simple moving average of $45.68 and a 200-day simple moving average of $51.18.

Varonis Systems (NASDAQ:VRNS - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The technology company reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates 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 anticipate that Varonis Systems will post -0.74 earnings per share for the current year.

Analyst Upgrades and Downgrades

VRNS has been the subject of several research analyst reports. 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 report on Thursday, December 19th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $65.00 price objective on shares of Varonis Systems in a report on Wednesday, October 30th. JPMorgan Chase & Co. lifted their target price on Varonis Systems from $59.00 to $65.00 and gave the company an "overweight" rating in a research report on Monday, October 28th. Wells Fargo & Company cut their price target on Varonis Systems from $48.00 to $46.00 and set an "equal weight" rating for the company in a report on Wednesday. Finally, UBS Group boosted their price target on Varonis Systems from $63.00 to $70.00 and gave the company a "buy" rating in a report on Wednesday, October 23rd. Five equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $59.38.

Insider Activity at Varonis Systems

In related news, CFO Guy Melamed sold 91,345 shares of the 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 of the company's stock, valued at approximately $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 accessible through this link. 2.60% of the stock is 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.