Varonis Systems, Inc. (VRNS)
Market Cap | 5.09B |
Revenue (ttm) | 546.54M |
Net Income (ttm) | -83.67M |
Shares Out | 112.47M |
EPS (ttm) | -0.76 |
PE Ratio | n/a |
Forward PE | 157.02 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,430,780 |
Open | 44.26 |
Previous Close | 45.05 |
Day's Range | 44.24 - 45.43 |
52-Week Range | 41.13 - 60.58 |
Beta | 0.80 |
Analysts | Buy |
Price Target | 58.35 (+28.81%) |
Earnings Date | Feb 3, 2025 |
About 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. It offers DatAdvantage that captures... [Read more]
Financial Performance
In 2023, Varonis Systems's revenue was $499.16 million, an increase of 5.39% compared to the previous year's $473.63 million. Losses were -$100.92 million, -18.95% less than in 2022.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for VRNS stock is "Buy." The 12-month stock price forecast is $58.35, which is an increase of 28.81% from the latest price.
News
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...
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...
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...
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' ...
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...
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...
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 ...
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...
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...
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:
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...
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...
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.
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, ...
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...
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...
Varonis Achieves FedRAMP "In Process" Designation
NEW YORK, June 27, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced it has secured the "In Process" designation with the Federal Risk and Autho...
Varonis Announces Industry-First Automated Remediation to Prevent Data Exposure in AWS
NEW YORK, June 12, 2024 (GLOBE NEWSWIRE) -- AWS re:Inforce booth 303 — Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced new capabilities to automatically and continuous...
Varonis at AWS re:Inforce: Securing AWS With Automated Data Security Posture Management
Varonis released its full event schedule and announced its debut at AWS re:Inforce, which will be held June 10 – 12 at the Pennsylvania Convention Center.
Varonis Recognized as a Customers' Choice in 2024 Gartner® Peer Insights™ Voice of the Customer DSPM Report
NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, proudly announced it was recognized as a Customers' Choice in a new Gartner® Report, "Voice...
Varonis at Infosecurity Europe: Preventing Copilot Prompt-Hacking and Data Exposure
Varonis proudly returns to Infosecurity Europe to deliver expert sessions on generative AI security, mitigating data exposure from breaches, and more.
Varonis Systems: SaaS Transition Going Well
I continue to recommend a buy due to strong execution on the SaaS transition and a positive growth outlook. 1Q24 earnings were in line with guidance and showed improvement in the SaaS transition, with...
Varonis at the 2024 Gartner® Security & Risk Management Summit: Deploying AI Copilots Safely
NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today released its full event schedule and proudly announced its return as a Platinum exhibi...
Varonis to Present at Upcoming Investor Conferences
NEW YORK, May 17, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced its participation at the following upcoming conferences:
Varonis Keynote at RSA Conference 2024: Preventing Your First AI Breach
Varonis VP of Incident Response & Cloud Operations Matt Radolec will present “Reducing AI's Blast Radius: How to Prevent Your First AI Breach" at RSAC.