Varonis Systems, Inc. (VRNS)

NASDAQ: VRNS · Real-Time Price · USD
40.35
-0.48 (-1.18%)
Apr 17, 2025, 4:00 PM EDT - Market closed
-1.18%
Market Cap 4.55B
Revenue (ttm) 550.95M
Net Income (ttm) -95.77M
Shares Out 112.55M
EPS (ttm) -0.86
PE Ratio n/a
Forward PE 256.43
Dividend n/a
Ex-Dividend Date n/a
Volume 819,623
Open 40.80
Previous Close 40.83
Day's Range 40.22 - 40.80
52-Week Range 36.53 - 60.58
Beta 0.76
Analysts Buy
Price Target 57.53 (+42.58%)
Earnings Date May 6, 2025

About VRNS

Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of world. Its software protects structured and unstructured data in SaaS, IaaS, and on-premises. In the cloud, the company secures data and resources in AWS, Microsoft Azure, and Google Cloud and in SaaS applications including Salesforce, Snowflake, ServiceNow, Microsoft 365, Google Drive, Box, and others; and On-p... [Read more]

Sector Technology
IPO Date Feb 28, 2014
Employees 2,233
Stock Exchange NASDAQ
Ticker Symbol VRNS
Full Company Profile

Financial Performance

In 2024, Varonis Systems's revenue was $550.95 million, an increase of 10.38% compared to the previous year's $499.16 million. Losses were -$95.77 million, -5.10% less than in 2023.

Financial Statements

Analyst Forecast

According to 18 analysts, the average rating for VRNS stock is "Buy." The 12-month stock price forecast is $57.53, which is an increase of 42.58% from the latest price.

Price Target
$57.53
(42.58% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Varonis and Concentrix Forge Partnership to Deliver Data Security for the AI Revolution

MIAMI, April 16, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) announced a strategic partnership with Concentrix Corporation (NASDAQ: CNXC) to deliver end-to-end solutions to help larg...

Other symbols: CNXC
2 days ago - GlobeNewsWire

Varonis at RSAC 2025: Automating Data Security for the AI Era

MIAMI, April 14, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, released its full event schedule as a Platinum Plus Sponsor of the RSA Conference 2025 taki...

4 days ago - GlobeNewsWire

Varonis Announces Date of First Quarter 2025 Financial Results

MIAMI, April 10, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, announced that it will report its first quarter 2025 financial results following the close ...

8 days ago - GlobeNewsWire

Varonis Appoints New Country Manager in Japan

MIAMI and TOKYO, April 07, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, today announced Toshi Namiki's appointment as Country Manager for Japan. With mor...

11 days ago - GlobeNewsWire

Varonis Achieves Sustaining Partner Status with Black Hat

MIAMI, March 31, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the data security leader, is proud to announce its new status as a Sustaining Partner with Black Hat and share its full ...

18 days ago - GlobeNewsWire

Varonis Acquires Cyral to Reinvent Database Activity Monitoring

MIAMI, March 17, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the data security leader, today announced the acquisition of the next-generation database activity monitoring (DAM) prov...

4 weeks ago - GlobeNewsWire

Varonis Announces Varonis for Agentforce to Enable Safe AI Rollouts

MIAMI, March 05, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) today announced Varonis for Agentforce. The launch expands Varonis' security offering by giving IT and security teams cri...

6 weeks ago - GlobeNewsWire

Varonis Named a Leader and a Customer Favorite in Data Security Platforms by Independent Research Firm

MIAMI, March 04, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) proudly announced it was named a Leader by renowned research and advisory firm Forrester in the report, The Forrester Wav...

6 weeks ago - GlobeNewsWire

Varonis at the 2025 Gartner® Security & Risk Management Summit: AI Innovation and Data Security

MUMBAI, India, March 03, 2025 (GLOBE NEWSWIRE) -- Gartner Security & Risk Management Summit -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced its full schedule at the...

6 weeks ago - GlobeNewsWire

Varonis Opens Data Centers in India to Support Expanding Customer Base and Minimize Cloud Data Risk

MIAMI and MUMBAI, India, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced new data centers in India. Located in Mumbai and Pune, the c...

7 weeks ago - GlobeNewsWire

Varonis at the 2025 Gartner® Security & Risk Management Summit: Securing Data in the Age of AI

SYDNEY, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced its full schedule as a Premier Exhibitor at the Gartner Security & Risk Manag...

7 weeks ago - GlobeNewsWire

Varonis to Present at March Investor Conference

MIAMI, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced its participation at the following upcoming conference: The Morgan Stanley Technolog...

7 weeks ago - GlobeNewsWire

Varonis Named to CRN's 2025 Security 100 List

MIAMI, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) announced it has been named by CRN® , a brand of The Channel Company, to its Security 100 list. The annual list recognizes...

2 months ago - GlobeNewsWire

Varonis Wins SiliconANGLE Media's Tech Innovation CUBEd Award

MIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) announced it has been named the winner of SiliconANGLE Media's inaugural 2025 Tech Innovation CUBEd Awards in the Top Data...

2 months ago - GlobeNewsWire

Varonis at ViVE 2025: Reduce the PHI Blast Radius and Safely Enable AI With Automation

MIAMI, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced its upcoming participation at ViVE 2025, February 16 – 19 in Nashville, Tenn. ...

2 months ago - GlobeNewsWire

Varonis Announces $100 Million Share Repurchase Authorization

MIAMI, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced that its board of directors authorized a share repurchase program allowing repurchas...

2 months ago - GlobeNewsWire

Varonis Systems: Share Price Weakness Is Not Due To Poor Demand

I maintain a buy rating on Varonis Systems, despite the recent share price drop due to short-term concerns over flat ARR growth and weaker margins. VRNS's SaaS transition is ahead of schedule, and exp...

2 months ago - Seeking Alpha

Varonis Systems, Inc. (VRNS) Q4 2024 Earnings Call Transcript

Varonis Systems, Inc. (NASDAQ:VRNS) Q4 2024 Earnings Conference Call February 4, 2025 4:30 PM ET Company Participants Tim Perz - IR Yaki Faitelson - CEO Guy Melamed - CFO and COO Conference Call Part...

2 months ago - Seeking Alpha

Varonis Announces Fourth Quarter 2024 and Full-Year 2024 Financial Results

Annual recurring revenues grew 18% year-over-yearSaaS ARR as a percentage of total ARR was approximately 53%Year-to-date cash from operations generated $115.2 million vs. $59.4 million last yearYear-t...

2 months ago - GlobeNewsWire

Varonis Named a Leader for Second Consecutive Year in GigaOm's Radar Report for Data Security Platforms

NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced it was named a Leader and Outperformer in the GigaOm Radar Report for Data ...

3 months ago - GlobeNewsWire

Varonis Announces Date of Fourth Quarter 2024 Financial Results

NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced that it will report its fourth quarter 2024 financial results following the close...

3 months ago - GlobeNewsWire

Varonis Systems: Price Drop Is An Attractive Entry Point As Fundamentals Remain Strong

I reiterate a buy rating for Varonis Systems (VRNS) as the recent share price dip to $48 presents an attractive entry point for investors. VRNS fundamentals remain strong with accelerating revenue gro...

4 months ago - Seeking Alpha

Varonis Broadens Data Security Coverage to ServiceNow

NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), today announced it extended its data security coverage to ServiceNow. The integration expands Varonis' coverage to con...

4 months ago - GlobeNewsWire

Varonis Expands Data Security Coverage to Databricks

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), today announced it expanded its data security coverage to Databricks. The latest integration broadens Varonis' extensi...

4 months ago - GlobeNewsWire

Varonis Extends Cloud Data Security Coverage to Google Cloud

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), today announced the expansion of its IaaS security coverage to Google Cloud. The latest integration broadens Varonis' ...

5 months ago - GlobeNewsWire