Rating Change
Needham analysts downgraded Varonis Systems, Inc. (NASDAQ:VRNS) from Buy to Hold on October 16, 2026.
Needham analysts downgraded Varonis Systems, Inc. (NASDAQ:VRNS) from Buy to Hold on October 16, 2026.

At publication ·
Varonis Systems, Inc. (NASDAQ:VRNS) · downgrade
At a glance
Needham analysts downgraded Varonis Systems, Inc. (NASDAQ:VRNS) from Buy to Hold on October 16, 2026.
Varonis Systems, Inc. operates in the Technology sector. The stock currently trades at $48.70 with a market capitalization of $3.8B.
Analyst downgrades can weigh on a stock in the short term as institutional investors who follow Needham's research adjust their positions. However, downgrades also sometimes create buying opportunities if the market overreacts to the rating change. The reasoning behind the downgrade matters more than the rating itself.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Among the 10 most recent ratings: 2 Buy, 8 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 16, 2026 | RBC Capital | Sector Perform | N/A |
| Oct 16, 2026 | TD Cowen | Hold | N/A |
| Oct 16, 2026 | Wells Fargo | Equal-Weight | N/A |
| Oct 16, 2026 | DA Davidson | Neutral | N/A |
| Oct 16, 2026 | Jefferies | Hold | N/A |
Related Tools: Analyst Ratings Dashboard | View VRNS Stock Page
A rating of Hold from Needham reflects the analyst's outlook on Varonis Systems, Inc. (NASDAQ:VRNS). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the VRNS forecast page.
Current market data
NASDAQ · VRNS
$48.72
Up: +$1.38 · +2.92%
Live quote updated
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