Should I buy or sell Varonis Systems stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last twelve months. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VRNS shares. View VRNS analyst ratings or view top-rated stocks .

What is Varonis Systems' stock price target for 2024?

17 equities research analysts have issued 1-year price targets for Varonis Systems' stock. Their VRNS share price targets range from $35.00 to $65.00. On average, they predict the company's stock price to reach $48.81 in the next year. This suggests a possible upside of 13.0% from the stock's current price. View analysts price targets for VRNS or view top-rated stocks among Wall Street analysts .

How have VRNS shares performed in 2024?

Varonis Systems' stock was trading at $45.28 at the beginning of the year. Since then, VRNS stock has decreased by 4.6% and is now trading at $43.18. View the best growth stocks for 2024 here .

When is Varonis Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024. View our VRNS earnings forecast .

How can I listen to Varonis Systems' earnings call?

Varonis Systems will be holding an earnings conference call on Monday, May 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745727".

How were Varonis Systems' earnings last quarter?

Varonis Systems, Inc. (NASDAQ:VRNS) issued its quarterly earnings data on Monday, February, 5th. The technology company reported $0.02 earnings per share for the quarter, topping analysts' consensus estimates of ($0.06) by $0.08. The technology company had revenue of $154.10 million for the quarter, compared to analysts' expectations of $151.64 million. Varonis Systems had a negative net margin of 20.22% and a negative trailing twelve-month return on equity of 20.04%.

What ETFs hold Varonis Systems' stock?

ETFs with the largest weight of Varonis Systems (NASDAQ:VRNS) stock in their portfolio include Global X Cybersecurity ETF (BUG) , iShares Cybersecurity and Tech ETF (IHAK) , Xtrackers Cybersecurity Select Equity ETF (PSWD) , First Trust Nasdaq Cybersecurity ETF (CIBR) , WisdomTree Cybersecurity Fund (WCBR) , SPDR Kensho Future Security ETF (FITE) , Invesco Dorsey Wright Technology Momentum ETF (PTF) and ROBO Global Artificial Intelligence ETF (THNQ) .

When did Varonis Systems' stock split?

Shares of Varonis Systems split before market open on Monday, March 15th 2021. The 3-1 split was announced on Monday, February 8th 2021. The newly minted shares were distributed to shareholders after the closing bell on Friday, March 12th 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.

What guidance has Varonis Systems issued on next quarter's earnings?

Varonis Systems updated its first quarter 2024 earnings guidance on Tuesday, March, 26th. The company provided EPS guidance of -0.100--0.090 for the period, compared to the consensus EPS estimate of -0.090. The company issued revenue guidance of $111.0 million-$115.0 million, compared to the consensus revenue estimate of $113.6 million.

What is Yaki Faitelson's approval rating as Varonis Systems' CEO?

332 employees have rated Varonis Systems Chief Executive Officer Yaki Faitelson on Glassdoor.com . Yaki Faitelson has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Varonis Systems own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Varonis Systems investors own include Block (SQ) , Okta (OKTA) , NVIDIA (NVDA) , Shopify (SHOP) , Netflix (NFLX) , Alibaba Group (BABA) , PayPal (PYPL) , Walt Disney (DIS) , Tesla (TSLA) and Arista Networks (ANET) .

Who are Varonis Systems' major shareholders?

Varonis Systems' stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.25%), Hodges Capital Management Inc. (0.09%), Banque Cantonale Vaudoise (0.05%), Compass Wealth Management LLC (0.03%) and NBC Securities Inc. (0.00%). Insiders that own company stock include Avrohom J Kess , David Bass , Den Bosch Fred Van , Dov Gottlieb , Gilad Raz , Gili Iohan , Guy Melamed , James O'boyle , Kevin E Comolli , Ofer Segev , Thomas F Mendoza and Yakov Faitelson . View institutional ownership trends .

How do I buy shares of Varonis Systems?

Shares of VRNS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:VRNS

Varonis Systems (VRNS) Stock Price, News & Analysis

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Free VRNS Stock Alerts

$43.18

-0.33 (-0.76%)

(As of 04/18/2024 ET)

Compare

Today's Range: $43.00
▼
$43.85
50-Day Range: $42.93
▼
$51.98
52-Week Range: $22.34
▼
$52.88

Volume: 755,751 shs
Average Volume: 1.22 million shs
Market Capitalization: $4.71 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $48.81

Get Varonis Systems alerts:

Varonis Systems MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.65 Rating Score
Upside/Downside: 13.0% Upside
$48.81 Price Target
Short Interest: Bearish
6.31% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -0.84
Upright™ Environmental Score
News Sentiment: 0.56
Based on 5 Articles This Week
Insider Trading: Selling Shares
$18.57 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.96) to ($0.94) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.85 out of 5 stars

Computer And Technology Sector

185th out of 590 stocks

Prepackaged Software Industry

46th out of 190 stocks

3.3

Analyst's Opinion

Consensus Rating
Varonis Systems has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 11 buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Varonis Systems has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.0

Short Interest

Percentage of Shares Shorted
6.31% of the outstanding shares of Varonis Systems have been sold short.
Short Interest Ratio / Days to Cover
Varonis Systems has a short interest ratio ("days to cover") of 5.5.
Change versus previous month
Short interest in Varonis Systems has recently increased by 4.56%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Varonis Systems does not currently pay a dividend.
Dividend Growth
Varonis Systems does not have a long track record of dividend growth.

4.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Varonis Systems has received a 57.34% net impact score from Upright. Varonis Systems seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Societal stability & understanding among people". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Data privacy tracking and control software", "Intrusion detection software", and "Cloud security software" products. See details.
Environmental Sustainability
The Environmental Impact score for Varonis Systems is -0.84.

2.5

News and Social Media Coverage

News Sentiment
Varonis Systems has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Varonis Systems this week, compared to 4 articles on an average week.
Search Interest
6 people have searched for VRNS on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Varonis Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Varonis Systems insiders have sold 155,936.07% more of their company's stock than they have bought. Specifically, they have bought $11,902.00 in company stock and sold $18,571,413.00 in company stock.
Percentage Held by Insiders
Only 2.40% of the stock of Varonis Systems is held by insiders.
Percentage Held by Institutions
95.65% of the stock of Varonis Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Varonis Systems are expected to grow in the coming year, from ($0.96) to ($0.94) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Varonis Systems is -46.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Varonis Systems is -46.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Varonis Systems has a P/B Ratio of 9.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Varonis Systems Stock (NASDAQ:VRNS)

Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; source code, strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for users on Windows and UNIX/Linux servers, storage devices, email systems, intranet servers, cloud applications, and data stores; and DatAlert that profiles users, devices, and their behaviors related to systems and data, detects and alerts on deviations that indicate compromise, and provides a web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions, as well as provides business and information technology (IT) personnel with actionable intelligence about data; and DataPrivilege, a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention. In addition, the company offers Data Transport Engine, an execution engine that unifies the manipulation of data and metadata, translating business decisions, and instructions into technical commands, such as data migration or archiving; and DatAnswers that provides search functionality for enterprise data. It serves its products to financial services, public, healthcare, industrial, technology, insurance, energy and utilities, consumer and retail, education and construction, and engineering sectors. The company sells its products through a network of distributors and resellers. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in New York, New York.

VRNS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

VRNS Stock News Headlines

April 17, 2024 | nasdaq.com

Varonis Systems Enters Oversold Territory (VRNS)

April 17, 2024 | finance.yahoo.com

Zacks Industry Outlook Highlights Qualys and Varonis

April 18, 2024 | Gold Safe Exchange (Ad)

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April 13, 2024 | finance.yahoo.com

Investors might be losing patience for Varonis Systems' (NASDAQ:VRNS) increasing losses, as stock sheds 6.9% over the past week

April 10, 2024 | globenewswire.com

Varonis Announces Date of First Quarter 2024 Financial Results

April 10, 2024 | globenewswire.com

Varonis Announces Global Partners in Excellence Award Winners

April 2, 2024 | globenewswire.com

Varonis Debuts Industry's First Cybersecurity Solution for Microsoft 365 Copilot

March 17, 2024 | finance.yahoo.com

VRNS Apr 2024 50.000 call

April 18, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 16, 2024 | finance.yahoo.com

VRNS Apr 2024 60.000 call

March 16, 2024 | finance.yahoo.com

VRNS Apr 2024 45.000 put

March 16, 2024 | nasdaq.com

Guru Fundamental Report for VRNS

March 13, 2024 | globenewswire.com

Varonis to Kick Off 2024 Global Customer Connect! Event Series

March 12, 2024 | investorplace.com

7 Cybersecurity Stocks That Meta Should Consider Buying

March 5, 2024 | finance.yahoo.com

At US$50.49, Is It Time To Put Varonis Systems, Inc. (NASDAQ:VRNS) On Your Watch List?

February 27, 2024 | finance.yahoo.com

Varonis Named to CRN’s 2024 Security 100 List

February 27, 2024 | globenewswire.com

Varonis Named to CRN's 2024 Security 100 List

February 26, 2024 | globenewswire.com

Varonis to Present at March Investor Conferences

February 25, 2024 | msn.com

Varonis Systems (VRNS) Price Target Increased by 21.73% to 53.95

February 19, 2024 | seekingalpha.com

Varonis Systems: Solid Outlook For The Business

February 17, 2024 | finance.yahoo.com

VRNS Dec 2024 55.000 put

February 15, 2024 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These Technology Companies: Udemy Inc (UDMY) and Varonis Systems (VRNS)

February 12, 2024 | finance.yahoo.com

EVP Engineering and CTO David Bass Sells 130,000 Shares of Varonis Systems Inc

February 10, 2024 | finance.yahoo.com

Director Ofer Segev Sells 5,000 Shares of Varonis Systems Inc

February 8, 2024 | seekingalpha.com

Varonis: Still Strong Demand Due To Secular Growth Drivers

February 7, 2024 | msn.com

Varonis leaps as Wedbush upgrades after strong Q4

February 7, 2024 | msn.com

Varonis Systems (VRNS) Rose on Strong Quarterly Results

See More Headlines

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Company Calendar

Last Earnings: 2/05/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/06/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:VRNS
CUSIP: N/A
CIK: 1361113
Web: www.varonis.com
Phone: (877) 292-8767
Fax: 212-695-7010
Employees: 2,233
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $48.81
High Stock Price Target: $65.00
Low Stock Price Target: $35.00
Potential Upside/Downside: +13.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.65
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.92)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-100,920,000.00
Net Margins: -20.22%
Pretax Margin: -17.41%
Return on Equity: -20.04%
Return on Assets: -9.06%

Debt

Debt-to-Equity Ratio: 0.51
Current Ratio: 2.50
Quick Ratio: 2.50

Sales & Book Value

Annual Sales: $499.16 million
Price / Sales: 9.44
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.49 per share
Price / Book: 9.62

Miscellaneous

Outstanding Shares: 109,100,000
Free Float: 106,486,000
Market Cap: $4.71 billion
Optionable: Optionable
Beta: 0.85

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Key Executives

Mr. Yakov Faitelson (Age 49)
Co-Founder, Chairman, CEO & President
Comp: $830.8k
Mr. Ohad Korkus (Age 45)
Co-Founder & Director
Comp: $37.5k
Mr. Guy Melamed (Age 43)
CFO & COO
Comp: $561.78k
Mr. David Bass (Age 46)
Executive VP of Engineering & CTO
Comp: $425.85k
Mr. Dov Gottlieb (Age 48)
VP, General Counsel & Corporate Secretary
Comp: $662.2k
Mr. James O'Boyle (Age 60)
Vice Chairman of Sales
Comp: $694.88k
Mr. Gilad Raz (Age 48)
Chief Information Officer & VP of Technical Services
Comp: $401.42k
Mr. Tim Perz CPA
Director of Investor Relations
Mr. Rob Sobers
Chief Marketing Officer
Ms. Dana Shahar-Gara (Age 50)
Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VRNS Stock Analysis - Frequently Asked Questions

Should I buy or sell Varonis Systems stock right now?: 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last twelve months. There are currently 6 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" VRNS shares.
View VRNS analyst ratings or view top-rated stocks.
What is Varonis Systems' stock price target for 2024?: 17 equities research analysts have issued 1-year price targets for Varonis Systems' stock. Their VRNS share price targets range from $35.00 to $65.00. On average, they predict the company's stock price to reach $48.81 in the next year. This suggests a possible upside of 13.0% from the stock's current price.
View analysts price targets for VRNS or view top-rated stocks among Wall Street analysts.
How have VRNS shares performed in 2024?: Varonis Systems' stock was trading at $45.28 at the beginning of the year. Since then, VRNS stock has decreased by 4.6% and is now trading at $43.18.
View the best growth stocks for 2024 here.
When is Varonis Systems' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our VRNS earnings forecast.
How can I listen to Varonis Systems' earnings call?: Varonis Systems will be holding an earnings conference call on Monday, May 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745727".
How were Varonis Systems' earnings last quarter?: Varonis Systems, Inc. (NASDAQ:VRNS) issued its quarterly earnings data on Monday, February, 5th. The technology company reported $0.02 earnings per share for the quarter, topping analysts' consensus estimates of ($0.06) by $0.08. The technology company had revenue of $154.10 million for the quarter, compared to analysts' expectations of $151.64 million. Varonis Systems had a negative net margin of 20.22% and a negative trailing twelve-month return on equity of 20.04%.
What ETFs hold Varonis Systems' stock?: ETFs with the largest weight of Varonis Systems (NASDAQ:VRNS) stock in their portfolio include Global X Cybersecurity ETF (BUG), iShares Cybersecurity and Tech ETF (IHAK), Xtrackers Cybersecurity Select Equity ETF (PSWD), First Trust Nasdaq Cybersecurity ETF (CIBR), WisdomTree Cybersecurity Fund (WCBR), SPDR Kensho Future Security ETF (FITE), Invesco Dorsey Wright Technology Momentum ETF (PTF) and ROBO Global Artificial Intelligence ETF (THNQ).

When did Varonis Systems' stock split?: Shares of Varonis Systems split before market open on Monday, March 15th 2021. The 3-1 split was announced on Monday, February 8th 2021. The newly minted shares were distributed to shareholders after the closing bell on Friday, March 12th 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split.
What guidance has Varonis Systems issued on next quarter's earnings?: Varonis Systems updated its first quarter 2024 earnings guidance on Tuesday, March, 26th. The company provided EPS guidance of -0.100--0.090 for the period, compared to the consensus EPS estimate of -0.090. The company issued revenue guidance of $111.0 million-$115.0 million, compared to the consensus revenue estimate of $113.6 million.
What is Yaki Faitelson's approval rating as Varonis Systems' CEO?: 332 employees have rated Varonis Systems Chief Executive Officer Yaki Faitelson on Glassdoor.com. Yaki Faitelson has an approval rating of 85% among the company's employees.
What other stocks do shareholders of Varonis Systems own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Varonis Systems investors own include Block (SQ), Okta (OKTA), NVIDIA (NVDA), Shopify (SHOP), Netflix (NFLX), Alibaba Group (BABA), PayPal (PYPL), Walt Disney (DIS), Tesla (TSLA) and Arista Networks (ANET).
Who are Varonis Systems' major shareholders?: Varonis Systems' stock is owned by a number of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.25%), Hodges Capital Management Inc. (0.09%), Banque Cantonale Vaudoise (0.05%), Compass Wealth Management LLC (0.03%) and NBC Securities Inc. (0.00%). Insiders that own company stock include Avrohom J Kess, David Bass, Den Bosch Fred Van, Dov Gottlieb, Gilad Raz, Gili Iohan, Guy Melamed, James O'boyle, Kevin E Comolli, Ofer Segev, Thomas F Mendoza and Yakov Faitelson.
View institutional ownership trends.
How do I buy shares of Varonis Systems?: Shares of VRNS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:VRNS) was last updated on 4/18/2024 by MarketBeat.com Staff

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