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Varonis Systems (VRNS) shares fell 1.3% in Friday trading after Wedbush downgraded the stock to neutral from outperform and adjusted its price target to $46 per share from $37.Trading volume stood at over 1.3 million shares compared with a daily average of about 2.1 million.Price: $44.92, Change: $-0.58, Percent Change: -1.27%
Varonis Systems (VRNS) has an average rating of overweight and mean price target of $52.43, according to analysts polled by FactSet.
Varonis Systems (VRNS) could be an "attractive acquisition target" given its focus on data security and governance and its valuation relative to security peers, RBC Capital Markets said in a report emailed Thursday.RBC said a sale to a private equity buyer with a strategic asset "could make sense," though the firm has "no knowledge of any potential transaction." The comments followed an unconfirmed Bloomberg report that Thoma Bravo-backed Proofpoint could be in talks to acquire Varonis.Varonis shares trade at about 6.5 times estimated 2027 enterprise value-to-sales, compared with about 9.9 times for security peers, the firm noted. Historically, software private equity deals have occurred at an average forward enterprise value-to-sales multiple of roughly 6 times, according to the report.Varonis' focus on "data security and governance" has become more relevant in the generative AI world and the company is in a "good position" to capture a meaningful share of a "large and growing market," the report said.Still, "competition is intensifying," and data security and governance capabilities could increasingly be consolidated into broader platforms, creating a potential window for Varonis to pursue a sale before competitive pressure increases further, the report said.RBC kept its outperform rating on Varonis Systems, with a price target of $52.Price: $46.42, Change: $-0.34, Percent Change: -0.73%
Varonis Systems (VRNS) has drawn the attention of Thoma Bravo-backed Proofpoint as a potential acquisition target, Bloomberg reported Wednesday, citing people familiar with the matter.Proofpoint is in talks to acquire the cybersecurity company, and a deal could be announced in the coming weeks, although no final decision has been made so far.Varonis Systems and Proofpoint did not immediately respond to' request for comment.Shares of Varonis Systems rose nearly 10% in late afternoon trading.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $46.70, Change: $+4.35, Percent Change: +10.27%
Software companies' revenue and earnings beat rates accelerated sequentially in the second quarter, driven by strength in infrastructure, security, and observability, RBC Capital Markets said in a note emailed Wednesday.Among the 54 on-quarter software companies that have reported results in the most recent cycle, the average company topped Wall Street's revenue estimates by 2.6%, up from a 2.4% beat in the first quarter, according to the brokerage. The profitability measure surpassed consensus expectations by 21.2%, compared with the first quarter's 15.7%."The biggest (second-quarter) revenue beats came from infrastructure, security, and observability while the smallest beats came from back Office, (software-as-a-service), and vertical," Matthew Hedberg, RBC's head of global technology, Internet, media, and telecommunications research, said in the note.The annual recurring revenue-to-billings ratio exceeded estimates by 3.4%, reaching the highest level in four years.Palantir Technologies (PLTR), Twilio (TWLO), Cloudflare (NET), and Xometry (XMTR) registered positive stock moves the day after results as they posted accelerated revenue beats, Hedberg said. Other companies that helped buoy sentiment were those with positive commentary on artificial intelligence tailwinds or adoption.Datadog (DDOG) and Varonis Systems (VRNS) logged share price declines post earnings as they "did not clear high bars," while HubSpot's (HUBS) stock traded lower amid reduced guidance, according to the RBC note. Meanwhile, EverCommerce (EVCM), IBM (IBM), N-able (NABL), and Pegasystems (PEGA) seem to be navigating a tough spending environment."While software stock movement has bifurcated through 2026 over perceived AI leaders/laggards, (second-quarter) showed a clear sign of bifurcating fundamentals with numerous companies seeing pressure from AI spending taking away budget or delaying decision-making," RBC analysts said.The brokerage said the full-year 2026 revenue outlook was 0.7% above consensus on average as top-line guides came in better than expected, while full-year profitability guidance topped market expectations by 2.8%.Salesforce (CRM), CrowdStrike (CRWD), Nutanix (NTNX), Okta (OKTA) and Veeva Systems (VEEV) are scheduled to report off-quarter results on Aug. 26."Similar to the (on-quarter) cohort, we expect price action for the (off-quarter) cohort to be volatile with a bifurcation in the AI haves and have not," RBC said.
Varonis Systems (VRNS) reported Q2 adjusted earnings late Tuesday of $0.04 per diluted share, up from $0.03 a year earlier.Analysts polled by FactSet expected $0.01.Revenue for the three months ended June 30 was $180 million, up from $152.2 million a year earlier.Analysts expected $176.8 million.For Q3, the company expects adjusted EPS of $0.02 to $0.03 on revenue of $185 million to $188 million. Analysts expect EPS of $0.02 on revenue of $186.1 million.For the full-year 2026, the company now expects adjusted EPS of $0.14 to $0.15 on revenue of $735 million to $739 million.Analysts expect EPS of $0.12 on revenue of $734.4 million.
Varonis Systems (VRNS) has an average rating of overweight and mean price target of $44.67, according to analysts polled by FactSet.Price: $48.05, Change: $+0.60, Percent Change: +1.26%
Varonis Systems (VRNS) said Tuesday its Atlas platform has extended artificial intelligence security coverage across Anthropic's Claude enterprise suite, including Claude Code and Claude Cowork.The expansion adds runtime guardrails, activity monitoring, AI security posture management and inventory capabilities for Claude Code, while Claude Cowork receives runtime guardrails and activity monitoring, Varonis Systems said.Shares of Varonis were up more than 1% in early Tuesday trading.Price: $45.88, Change: $+0.50, Percent Change: +1.10%
Varonis Systems' (VRNS) would make an "interesting M&A candidate," RBC Capital Markets analysts said in a note to clients on Wednesday, after Bloomberg reported that the company may be exploring a sale.With Varonis Systems positioned as a software as a service-only solution today, the company's financial profile could make sense with improving margins coming out of the SaaS transition, RBC said.Competition is intensifying with data security and governance features likely to be consolidated to a broader platform vendor, and there could be a window of opportunity for Varonis to sell before competition increases further, the bank said.RBC maintained its outperform rating on Varonis with a $36 price target.Price: $36.03, Change: $+1.00, Percent Change: +2.85%
Varonis Systems (VRNS) has an average rating of overweight and mean price target of $37.48, according to analysts polled by FactSet.
(Updates to add share movement in paragraph 3 and headline)Varonis Systems (VRNS) is exploring a potential sale after receiving takeover interest from private equity firms including Blackstone (BX), Thoma Bravo and Vista Equity Partners, Bloomberg reported Tuesday, citing people familiar with the matter.The deliberations are at an early stage and there is no certainty the company will pursue a sale or reach a deal, according to the report.Shares of Varonis were up over 8% in afternoon trading.Varonis did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $35.44, Change: $+2.73, Percent Change: +8.35%
Tech stocks were sharply lower Tuesday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) falling 3.1% and the State Street SPDR S&P Semiconductor ETF (XSD) dropping 5.8%.The Philadelphia Semiconductor index slumped 7%.In corporate news, Alphabet's (GOOG, GOOGL) Google is supporting a new 12-week incubator for AI startups founded by former Google employees, Bloomberg reported. Its shares were down 0.5%.Oracle's (ORCL) total workforce fell by about 21,000 employees, or 13%, in fiscal 2026 to 141,000 as of May 31, Reuters reported. Oracle shares were falling 4%.Varonis Systems (VRNS) is exploring a potential sale after receiving takeover interest from private equity firms including Blackstone (BX), Thoma Bravo and Vista Equity Partners, Bloomberg reported. Varonis shares jumped past 9%.IBM (IBM) shares gained 5.3% after Morgan Stanley raised its price target to $267 from $225, while keeping its equalweight rating.
Varonis Systems (VRNS) is exploring a potential sale after receiving takeover interest from private equity firms including Blackstone (BX), Thoma Bravo and Vista Equity Partners, Bloomberg reported Tuesday, citing people familiar with the matter.The deliberations are at an early stage and there is no certainty the company will pursue a sale or reach a deal, according to the report.Varonis did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $37.75, Change: $+5.04, Percent Change: +15.39%
Varonis Systems (VRNS) has an average rating of overweight and mean price target of $36.71, according to analysts polled by FactSet.
CrowdStrike Holdings (CRWD), SailPoint (SAIL), Tenable Holdings (TENB) and Varonis Systems (VRNS) on Thursday announced integrations with Anthropic's Claude Compliance API to expand visibility, governance and security controls around enterprise AI usage.The integrations are designed to help companies monitor Claude activity as AI tools become embedded in workflows, providing visibility into user activity, compliance monitoring, threat detection and governance controls.CrowdStrike said the integration brings Claude Enterprise and Claude Platform activity into its Falcon platform for centralized "visibility, detection, response, and governance," while SailPoint said its connector gives organizations "essential visibility and governance" and addresses risks tied to "Shadow AI."Varonis said the integration brings Claude activity into its Atlas AI Security Platform, enabling monitoring, alerts and governance capabilities. Tenable said its integration allows organizations to "secure their AI estate with deterministic precision" and move "from reactive security protocols to proactive, machine-speed exposure management."Price: $648.94, Change: $-1.17, Percent Change: -0.18%
Varonis Systems (VRNS) has an average rating of overweight and mean price target of $36.71, according to analysts polled by FactSet.
Varonis Systems' (VRNS) AI story remains undervalued as it advances to capture market opportunity amid rising demand from clients to secure their data and AI stacks, Wedbush Securities said in a note Wednesday.The Q1 beat was a "good step in the right direction" for the company, which remains a prime acquisition candidate given its robust market position, analysts wrote.The company is prioritizing AI-driven automation with the launch of cybersecurity platform Varonis Atlas after the acquisition of AllTrue.ai amid the need for end-to-end visibility and management of agent models, according to the note.Wedbush reiterated its outperform rating on the stock and boosted its price target to $37 per share from $35.Shares of Varonis were up more than 5% in Wednesday trading.Price: $26.77, Change: $+1.33, Percent Change: +5.23%
Varonis Systems (VRNS) has an average rating of overweight and mean price target of $36.45 according to analysts polled by FactSet.Price: $27.07, Change: $+1.63, Percent Change: +6.41%
