StreetInsider.com News Articles

Barclays Downgrades Varonis Systems (VRNS) to Equalweight

Mon, 19 Oct 2026 03:13:59 -0400

Barclays analyst Saket Kalia downgraded Varonis Systems (NASDAQ: VRNS) from Overweight to Equalweight with a price target of $50.00.

For an analyst ratings summary and ratings history on Varonis Systems click here. For more ratings news on Varonis Systems click here.

Shares of Varonis Systems closed at $48.72 yesterday.

Form DEFA14A VARONIS SYSTEMS INC

Fri, 16 Oct 2026 16:15:00 -0400

si-local-file:///var/storage/secattach/20261016/27198095.html

Barclays Downgrades Varonis Systems (VRNS) to Equalweight

Fri, 16 Oct 2026 09:27:39 -0400

Barclays analyst Saket Kalia downgraded Varonis Systems (NASDAQ: VRNS) from Overweight to Equalweight.

For an analyst ratings summary and ratings history on Varonis Systems click here. For more ratings news on Varonis Systems click here.

Shares of Varonis Systems closed at $47.34 yesterday.

Truist Securities Downgrades Varonis Systems (VRNS) to Hold

Fri, 16 Oct 2026 08:22:16 -0400

(Updated - October 16, 2026 8:22 AM EDT)

Truist Securities analyst Junaid Siddiqui downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Hold with a price target of $49.75 (from $52.00).

The analyst comments "We downgrade VRNS shares to a Hold and adjust our price target to $49.75 from $52 following its agreement to be acquired by Proofpoint (private), a Thoma Bravo portfolio company, for ~$6.3B. At $49.75/share, the transaction represents a 5% premium to the Oct 15 close and 6.6x our CY27E sales estimate. With shares currently trading at 6.2x CY27E Sales, we see remaining upside as largely tied to completion of

Varonis Systems (VRNS) PT Raised to $50 at Baird

Fri, 16 Oct 2026 07:44:21 -0400

Baird analyst Shrenik Kothari raised the price target on Varonis Systems (NASDAQ: VRNS) to $50.00 (from $45.00) while maintaining a Neutral rating.

Varonis Systems (VRNS) Reiterated at Overweight by Cantor Fitzgerald

Fri, 16 Oct 2026 07:29:26 -0400

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated an Overweight rating and $55.00 price target on Varonis Systems (NASDAQ: VRNS).

The analyst commented, "Today, Proofpoint (private), a Thoma Bravo portfolio company, announced a definitive agreement to acquire Varonis in an all-cash transaction valued at ~$6.3 billion, or $49.75 per share. VRNS closed today (10/15) at $47.34, so the offer sits modestly above the current price. That narrow gap understates the premium, however. On June 22, 2026, the last full trading day before take-private rumors surfaced, VRNS shares closed at $32.71. Measured against that undisturbed price, the $49.75 per share offer represents a premium

Rosenblatt Downgrades Varonis Systems (VRNS) to Neutral

Fri, 16 Oct 2026 06:43:00 -0400

Rosenblatt analyst Catherine Trebnick downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Neutral with a price target of $49.75.

The analyst comments "Varonis has agreed to be acquired by Thoma Bravo owned Proofpoint for $49.75 per share in cash, or approximately $6.3 billion, a 52% premium to the $32.71 close on June 22, 2026, before initial sale rumors, and a 17% premium to the $42.35 close on September 1, 2026. The price implies roughly 53x LTM FCF and 8.4x LTM revenue. While the take-out sits below our previous $55 PT, we view the outcome as a reasonable one for shareholders given

Rosenblatt Downgrades Varonis Systems (VRNS) to Neutral

Fri, 16 Oct 2026 06:43:00 -0400

Rosenblatt analyst Catherine Trebnick downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Neutral with a price target of $49.75.

Form DEFA14A VARONIS SYSTEMS INC

Fri, 16 Oct 2026 06:01:00 -0400

si-local-file:///var/storage/secattach/20261016/27195154.html

TD Cowen Downgrades Varonis Systems (VRNS) to Hold

Fri, 16 Oct 2026 05:29:17 -0400

TD Cowen analyst Shaul Eyal downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Hold with a price target of $49.75 (from $56.00).

The analyst comments "On 10/15/26 after the close, VRNS announced that it is to be acquired by privately held Proofpoint for $49.75/share in cash in a $6.3B deal (~53x LTM FCF and 8.4x LTM Revs), potentially creating a broad security platform addressing a range of security threats and data risks. We expect the transaction to close. We move to a Hold rating and a $49.75 price target."

For an analyst ratings summary and ratings history on Varonis Systems click

TD Cowen Downgrades Varonis Systems (VRNS) to Hold

Fri, 16 Oct 2026 05:29:17 -0400

TD Cowen analyst Shaul Eyal downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Hold with a price target of $49.75 (from $56.00).

For an analyst ratings summary and ratings history on Varonis Systems click

DA Davidson Downgrades Varonis Systems (VRNS) to Neutral

Fri, 16 Oct 2026 04:37:20 -0400

DA Davidson analyst Rudy Kessinger downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Neutral with a price target of $49.75.

The analyst comments: “This afternoon AMC, it was announced that Proofpoint has agreed to acquire VRNS in an all cash transaction for $49.75/shr. in a deal that values VRNS at $6.3B. We are thus downgrading VRNS to NEUTRAL from BUY and lowering our PT from $55 to the deal price of $49.75.

This afternoon, it was announced that VRNS has entered into a definitive agreement to be acquired by Proofpoint (owned by Thoma Bravo) for $6.3B or $49.75 per share in an

DA Davidson Downgrades Varonis Systems (VRNS) to Neutral

Fri, 16 Oct 2026 04:37:20 -0400

DA Davidson analyst Rudy Kessinger downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Neutral with a price target of $49.75.

This afternoon, it was announced that VRNS has entered into a definitive agreement to be acquired by Proofpoint (owned by Thoma Bravo) for $6.3B or $49.75 per share in an

Needham Downgrades Varonis Systems (VRNS) to Hold

Fri, 16 Oct 2026 04:35:15 -0400

Needham analyst Mike Cikos downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Hold.

The analyst comments: “Yesterday after market close, Varonis announced it had entered a definitive agreement to be acquired by Thoma Bravo-owned Proofpoint for $49.75 per share in an all-cash transaction valued at ~$6.3 Billion. Since Thoma Bravo acquired Proofpoint in August 2021 for $176.00 per share in an all-cash deal for ~$12.3 Billion, the company has significantly broadened its offering. In CY25, Proofpoint grew 20% yr-yr (11% organic) to $2.44 Billion of ARR, with the Data Security segment (~25% of ARR) growing in the Mid-Teens.

We believe the deal

Needham Downgrades Varonis Systems (VRNS) to Hold

Fri, 16 Oct 2026 04:35:15 -0400

Needham analyst Mike Cikos downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Hold.

We believe the deal

RBC Capital Downgrades Varonis Systems (VRNS) to Sector Perform

Fri, 16 Oct 2026 04:08:56 -0400

RBC Capital analyst Matthew Hedberg downgraded Varonis Systems (NASDAQ: VRNS) from Outperform to Sector Perform with a price target of $49.75 (from $52.00).

The analyst comments: “Varonis announced its intent to be acquired by Proofpoint in an all-cash transaction for $49.75/share valued at ~$6.3B. We think the acquisition makes sense as competition in the data security market has intensified in recent years and believe Varonis could be more successful as part of a larger platform. Given the M&A reports since June, and what management categorized in the PR as an "extensive outreach" to potential strategic and financial buyers during the process,

RBC Capital Downgrades Varonis Systems (VRNS) to Sector Perform

Fri, 16 Oct 2026 04:08:56 -0400

RBC Capital analyst Matthew Hedberg downgraded Varonis Systems (NASDAQ: VRNS) from Outperform to Sector Perform with a price target of $49.75 (from $52.00).

Jefferies Downgrades Varonis Systems (VRNS) to Hold

Fri, 16 Oct 2026 03:19:58 -0400

Jefferies analyst Joseph Gallo downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Hold with a price target of $49.75 (from $60.00).

The analyst comments: “This afternoon, VRNS agreed to be acquired by Proofpoint, a Thoma Bravo portfolio company, for $49.75/share. The all-cash offer represents a total deal EV of $6.3B. The takeout price implies 7.8x NTM revenue, which we view as reasonable given it is in line with the 7.4x median for our mid-cap coverage. The merger is expected to close in the first half of 2027. We downgrade to Hold and lower our PT to the implied deal price of

Jefferies Downgrades Varonis Systems (VRNS) to Hold

Fri, 16 Oct 2026 03:19:58 -0400

Jefferies analyst Joseph Gallo downgraded Varonis Systems (NASDAQ: VRNS) from Buy to Hold with a price target of $49.75 (from $60.00).

Piper Sandler Downgrades Varonis Systems (VRNS) to Neutral

Fri, 16 Oct 2026 03:15:42 -0400

Piper Sandler analyst Rob Owens downgraded Varonis Systems (NASDAQ: VRNS) from Overweight to Neutral with a price target of $49.75 (from $58.00).

The analyst comments: “VRNS announced after the close that it has reached a definitive agreement to be acquired by Proofpoint (a Thoma Bravo portfolio company) for $49.75 per share in cash, valuing the company at approximately $6.3B. This represents a +52% premium to its June 22 closing price, before initial media reports of a transaction emerged and +17% premium to the September 1st closing price, when additional media reports noted progress with Proofpoint / Thoma Bravo. The transaction values

Piper Sandler Downgrades Varonis Systems (VRNS) to Neutral

Fri, 16 Oct 2026 03:15:42 -0400

Piper Sandler analyst Rob Owens downgraded Varonis Systems (NASDAQ: VRNS) from Overweight to Neutral with a price target of $49.75 (from $58.00).

Form DEFA14A VARONIS SYSTEMS INC

Thu, 15 Oct 2026 17:24:00 -0400

si-local-file:///var/storage/secattach/20261015/27194229.html

Form 8-K VARONIS SYSTEMS INC For: Oct 15

Thu, 15 Oct 2026 17:21:00 -0400

si-local-file:///var/storage/secattach/20261015/27194204.html

Varonis stock climbs on $6.3 billion Proofpoint deal

Thu, 15 Oct 2026 16:29:54 -0400

Investing.com -- Varonis Systems (NASDAQ:VRNS) shares climbed 2.7% in after-hours trading Thursday following the announcement that Proofpoint will acquire the company in an all-cash transaction valued at approximately $6.3 billion.

Under the terms of the agreement, Varonis shareholders will receive $49.75 per share in cash. The purchase price represents a premium of 52% to Varonis' closing stock price of $32.71 on June 22, the last full trading day prior to initial rumors about a potential sale of the company.

The transaction, which has been unanimously approved by the Varonis Board of Directors, is expected to close in the first

Proofpoint to acquire Varonis in $6.3 billion all-cash deal

Thu, 15 Oct 2026 16:15:38 -0400

Proofpoint, Inc. has agreed to acquire Varonis Systems, Inc. (Nasdaq: VRNS) in an all-cash transaction valued at approximately $6.3 billion, according to a joint statement from the two companies.

Under the terms of the deal, Varonis shareholders will receive $49.75 per share in cash. The price represents a 52% premium to Varonis' closing stock price of $32.71 on June 22, 2026, the last full trading day before initial rumors of a potential sale emerged, and a 17% premium to the $42.35 closing price on September 1, 2026, prior to additional media reports about a possible sale. The transaction values Varonis at