Varonis Systems, Inc. (VRNS)

NASDAQ: VRNS · Real-Time Price · USD
42.97
-0.12 (-0.28%)
Feb 21, 2025, 4:00 PM EST - Market closed
-0.28%
Market Cap 4.84B
Revenue (ttm) 550.95M
Net Income (ttm) -95.77M
Shares Out 112.55M
EPS (ttm) -0.86
PE Ratio n/a
Forward PE 270.86
Dividend n/a
Ex-Dividend Date n/a
Volume 1,070,033
Open 43.40
Previous Close 43.09
Day's Range 42.63 - 43.40
52-Week Range 39.62 - 60.58
Beta 0.83
Analysts Buy
Price Target 59.38 (+38.19%)
Earnings Date Feb 4, 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 17 analysts, the average rating for VRNS stock is "Buy." The 12-month stock price forecast is $59.38, which is an increase of 38.19% from the latest price.

Price Target
$59.38
(38.19% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

3 days 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...

4 days 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. ...

11 days 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...

12 days 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...

12 days 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...

17 days 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...

17 days 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 ...

4 weeks 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...

6 weeks 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...

2 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...

2 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...

2 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' ...

3 months ago - GlobeNewsWire

Varonis Systems, Inc. (VRNS) Q3 2024 Earnings Call Transcript

Varonis Systems, Inc. (NASDAQ:VRNS) Q3 2024 Results Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Tim Perz - Vice President of Investor Relations Yaki Faitelson - Chief Ex...

4 months ago - Seeking Alpha

Varonis Systems: 3 Factors That Make It A Buy

I recommend Varonis Systems as a 'Buy' due to re-accelerating revenue growth, strong price momentum, and significant insider buying. Despite having not produced an operating profit, Varonis is already...

4 months ago - Seeking Alpha

Varonis Announces Date of Third Quarter 2024 Financial Results

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

4 months ago - GlobeNewsWire

Varonis Systems, Inc. Announces Pricing of its Upsized $400 Million of Convertible Senior Notes

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) (“Company” or “Varonis”), announced today that it priced a private offering of $400 million aggregate principal amount...

6 months ago - GlobeNewsWire

Varonis Systems, Inc. Announces Proposed Offering of $350 Million of Convertible Senior Notes

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) (“Company” or “Varonis”) announced today its intention to offer $350.0 million aggregate principal amount of Convertib...

6 months ago - GlobeNewsWire

Varonis to Present at Upcoming Investor Conference

NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced its participation at the following upcoming conference:

6 months ago - GlobeNewsWire

Varonis Announces AI-Powered Data Discovery and Classification

NEW YORK, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced powerful new AI capabilities that enhance its industry-leading data classif...

7 months ago - GlobeNewsWire

Varonis Systems: Firing On All Cylinders

I stay buy rated given the accelerating growth due to successful SaaS transition and strong MDDR adoption. 2Q24 earnings beat expectations with total revenue growth at a new high, driving optimism for...

7 months ago - Seeking Alpha

These Analysts Raise Their Forecasts On Varonis Systems Folloiwng Upbeat Results

Varonis Systems VRNS reported better-than-expected second-quarter financial results and raised its FY24 guidance on Monday.

7 months ago - Benzinga

Varonis Systems, Inc. (VRNS) Q2 2024 Earnings Call Transcript

Varonis Systems, Inc. (NASDAQ:VRNS) Q2 2024 Earnings Conference Call July 29, 2024 4:30 PM ET Company Participants Tim Perz - Director of Investor Relations Yaki Faitelson - Chief Executive Officer, ...

7 months ago - Seeking Alpha

Varonis at Black Hat USA 2024: Deploying Copilots Safely and Reducing Your AI Blast Radius

NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, proudly announced its full conference schedule for Black Hat USA and participation as a Pla...

7 months ago - GlobeNewsWire

Varonis Announces Date of Second Quarter 2024 Financial Results

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

8 months ago - GlobeNewsWire