Varonis Systems VRNS has received 17 analyst ratings over the past quarter, with 4 bullish, 11 somewhat bullish, 2 indifferent, and 0 bearish. The average 12-month price target is $60.94, with a high of $70.00 and a low of $50.00. Analysts have raised their targets, with some upgrading their ratings, reflecting a positive sentiment towards the company.
Title: Analysts Optimistic on Varonis Systems' Future Prospects
Varonis Systems (NASDAQ:VRNS) has seen a surge in analyst attention and positive ratings over the past quarter, reflecting a bullish sentiment towards the company's future prospects. According to MarketBeat, Varonis Systems has received 17 analyst ratings, with 4 bullish, 11 somewhat bullish, 2 indifferent, and 0 bearish ratings. The average 12-month price target is $60.94, with a high of $70.00 and a low of $50.00 [1].
Analysts have raised their targets, with some upgrading their ratings. Susquehanna, for instance, increased its price target from $55.00 to $65.00, indicating a potential upside of 19.86% from the previous close. Jefferies Financial Group also upgraded Varonis Systems from a "hold" rating to a "buy" rating and raised its target price from $50.00 to $65.00 [1].
Varonis Systems reported earnings of $0.03 per share, beating estimates and showing a 16.7% revenue growth year-over-year. Despite posting a negative return on equity and net margin, the company's strong revenue growth has analysts optimistic about its future performance [1].
Institutional investors have also shown interest in Varonis Systems, with several major investors recently acquiring new positions in the company's stock. Quarry LP, Johnson Financial Group Inc., and Transce3nd LLC are among the institutional investors that have recently bought shares of Varonis Systems [2].
Royal Bank of Canada recently lifted its target price on Varonis Systems from $58.00 to $64.00, suggesting a potential upside of 14.28% from the stock's current price. Wells Fargo & Company also raised its target price from $46.00 to $51.00 and gave the stock an "equal weight" rating [2].
Despite the positive sentiment, Varonis Systems faces challenges such as negative return on equity and net margin. However, the company's strong revenue growth and increasing analyst interest suggest that it may be poised for further growth in the coming quarters.
References
[1] https://www.marketbeat.com/instant-alerts/varonis-systems-nasdaqvrns-price-target-raised-to-6500-2025-07-30/
[2] https://www.marketbeat.com/instant-alerts/varonis-systems-nasdaqvrns-stock-price-expected-to-rise-royal-bank-of-canada-analyst-says-2025-07-30/
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