Analysts Stocks

      Needham raises VRNS target to $40, stays Buy

      Mike Cikos at Needham bumped up their price target on VRNS to $40 on June 23, keeping the rating at Buy.

      Mike’s record on VRNS: 11 calls tracked, the stock touching the target in 6 of 11 of them.

      The rating count on VRNS runs 15 Buy, 4 Hold right now. Price targets run from Fatima Boolani‘s $30 at Citi to Andrew Nowinski‘s $70 at Wells Fargo. The stock’s most recent close was $45.81.

      VRNS price target chart: Needham raises to $40
      Mike Cikos’s VRNS target history against the street high, street low and the stock price. Each dot marks a dated call.

      The $40 target is 13% below the stock’s $45.81 close.

      FAQ

      What is Needham’s price target on VRNS?

      Needham’s Mike Cikos has a $40 target on VRNS, rated Buy, set June 23, 2026.

      How often have Mike Cikos’s VRNS price targets been reached?

      AnaChart has tracked 11 price-target calls from Mike Cikos on VRNS; the stock reached the target in 6 of them (55%).

      What is the analyst view on VRNS?

      Coverage is split 15 Buy / 4 Hold / 0 Sell, with targets from $30 (Citi) to $70 (Wells Fargo).