Morgan Stanley has revised its price target for Varonis Systems (VRNS, Financial), setting a new target of $46, down from the previous target of $54. Despite the adjustment, the firm maintains an Overweight rating on Varonis shares.
This revision comes as the firm re-evaluates the risk and reward profiles for several software companies, factoring in uncertainties related to tariff risks and market corrections that have already been reflected in share prices.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Varonis Systems Inc (VRNS, Financial) is $54.43 with a high estimate of $67.00 and a low estimate of $39.21. The average target implies an upside of 32.34% from the current price of $41.13. More detailed estimate data can be found on the Varonis Systems Inc (VRNS) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Varonis Systems Inc's (VRNS, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Varonis Systems Inc (VRNS, Financial) in one year is $51.61, suggesting a upside of 25.48% from the current price of $41.13. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Varonis Systems Inc (VRNS) Summary page.
