Varonis Systems stock trades at EUR 41.36 as daily change is minus 0.43 percent

Published on 09/30/2026 at 13:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Varonis Systems stock trades at EUR 41.36, with a minus 0.43 percent change versus EUR 41.54 on September 30, 2026. Q2 SaaS ARR excluding conversions rose 25 percent to USD 598.1 million.

VRNS, US9222801022, Illustration mit AI erstellt.

Varonis Systems (ISIN US9222801022) was trading at EUR 41.36 at Lang & Schwarz on September 30, 2026 at 1:42 p.m. CEST, with a minus 0.43 percent change versus the prior close of EUR 41.54. The latest investment case combines 18.3 percent quarterly revenue growth with acquisition talks reported earlier in September.

Q2 revenue beats estimates

According to MarketBeat on September 18, 2026, Varonis reported USD 180.02 million in Q2/2026 revenue, up 18.3 percent from the prior-year quarter and above the USD 176.83 million consensus estimate. Adjusted EPS was USD 0.04, exceeding the USD 0.01 consensus estimate by USD 0.03.

The comparison matters because growth has not yet translated into consistent GAAP profitability. Finance data for Q2/2026 showed a net loss attributable to common shareholders of USD 46.81 million and an operating loss of USD 40.63 million, while cash from operating activities was USD 25.08 million.

SaaS ARR sets the next test

The Q2/2026 earnings-call transcript published by Yahoo Finance states that SaaS ARR excluding conversions rose 25 percent year over year to USD 598.1 million. Total SaaS ARR reached USD 726.0 million, while Q3/2026 revenue guidance was USD 185.0 million to USD 188.0 million.

The same transcript put full-year 2026 revenue guidance at USD 735.0 million to USD 739.0 million and full-year SaaS ARR guidance at USD 819.0 million to USD 850.0 million. That makes recurring-revenue execution the central operating measure for the next quarterly update.

Takeover talks meet analyst targets

Reuters reported on September 2, 2026 that Thoma Bravo-owned Proofpoint was discussing a possible acquisition of Varonis with a source familiar with the matter. The report said Varonis had a market value of about USD 5.0 billion at that time and that its shares closed up more than 10 percent after the report.

MarketBeat reported on September 18, 2026 that 24 analysts held a Moderate Buy consensus, with an average 12-month price target of USD 49.79. Against the Nasdaq last price of USD 47.11 on September 29, 2026 at 4:00 p.m. ET, that target is 5.69 percent higher. MarketBeat also reported that Wedbush upgraded its rating to Hold and set a USD 46.00 target on September 11, 2026.

VRNS trades at EUR 41.36

At Lang & Schwarz, Varonis Systems was trading at EUR 41.36 on September 30, 2026 at 1:42 p.m. CEST, with a minus 0.43 percent change versus the EUR 41.54 prior close. The Nasdaq quote was USD 47.11 on September 29, 2026 at 4:00 p.m. ET.