Varonis Systems Misled Investors, Stock Plummets 48.67%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 17h ago
0mins
Source: PRnewswire
- Investor Lawsuit: Robbins LLP reminds all shareholders who purchased Varonis Systems, Inc. (NASDAQ:VRNS) securities between February 5, 2025, and October 28, 2025, that a class action has been filed, alleging the company misled investors regarding its business prospects.
- Performance Decline: On October 28, 2025, Varonis reported third-quarter results that fell short of projections and lowered its full-year guidance, causing its stock price to plummet from $63.00 per share to $32.34 per share in just one day, reflecting market disappointment in the company's growth outlook.
- Growth Prospects Hampered: The complaint alleges that Varonis falsely claimed to have reliable revenue forecasts and growth prospects while failing to effectively manage seasonal and macroeconomic fluctuations, severely impacting its annual recurring revenue growth trajectory.
- Shareholder Rights Protection: Robbins LLP has been dedicated to helping shareholders recover losses and improve corporate governance since 2002, and now encourages shareholders to submit applications to serve as lead plaintiffs in the class action by March 9, 2026, to represent other shareholders in the litigation.
Analyst Views on VRNS
Wall Street analysts forecast VRNS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VRNS is 57.61 USD with a low forecast of 40.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
15 Buy
4 Hold
0 Sell
Strong Buy
Current: 35.750
Low
40.00
Averages
57.61
High
80.00
Current: 35.750
Low
40.00
Averages
57.61
High
80.00
About VRNS
Varonis Systems, Inc. is a data security company. The Company’s cloud-native data security platform discovers and classifies critical data, removes exposures, and detects advanced threats with artificial intelligence (AI)-powered automation. Varonis software enables enterprises of all sizes and industries to protect data stored in the cloud and on-premises, including sensitive files, emails and databases; confidential personal data belonging to customers, patients and employees; financial records; source code, strategic and product plans; and other intellectual property. Its SaaS product portfolio includes two product lines: its flagship Varonis Data Security Platform, which protects Microsoft 365, Windows file shares, Active Directory, Edge devices (VPN, DNS, proxy), UNIX/Linux and hybrid NAS storage, and DatAdvantage Cloud, which protects IaaS environments and SaaS applications, such as Salesforce, AWS, Azure, Google Cloud, Google Workspace, Databricks, ServiceNow, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
