Varonis Systems, Inc. (VRNS)

NASDAQ: VRNS · IEX Real-Time Price · USD
48.03
+0.54 (1.14%)
At close: Jul 2, 2024, 4:00 PM
48.54
+0.51 (1.06%)
After-hours: Jul 2, 2024, 7:52 PM EDT
1.14%
Market Cap 5.36B
Revenue (ttm) 505.85M
Net Income (ttm) -103.10M
Shares Out 111.50M
EPS (ttm) -0.93
PE Ratio n/a
Forward PE 403.43
Dividend n/a
Ex-Dividend Date n/a
Volume 967,597
Open 47.55
Previous Close 47.49
Day's Range 47.16 - 48.13
52-Week Range 25.55 - 52.88
Beta 0.79
Analysts Buy
Price Target 48.93 (+1.87%)
Earnings Date Jul 29, 2024

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]

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

Financial Performance

In 2023, VRNS'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 Statements

Analyst Forecast

According to 16 analysts, the average rating for VRNS stock is "Buy." The 12-month stock price forecast is $48.93, which is an increase of 1.87% from the latest price.

Price Target
$48.93
(1.87% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

5 days ago - GlobeNewsWire

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...

20 days ago - GlobeNewsWire

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.

22 days ago - GlobeNewsWire

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...

27 days ago - GlobeNewsWire

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.

4 weeks ago - GlobeNewsWire

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...

5 weeks ago - GlobeNewsWire

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:

6 weeks ago - GlobeNewsWire

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.

7 weeks ago - GlobeNewsWire

Varonis Wins Global InfoSec Award for Best DSPM at RSAC 2024

NEW YORK and SAN FRANCISCO, May 07, 2024 (GLOBE NEWSWIRE) -- RSA CONFERENCE 2024 – Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced it received the Best Data Security P...

2 months ago - GlobeNewsWire

Varonis Adds AI Prompt Monitoring to Prevent Malicious Copilot Activity

NEW YORK and SAN FRANCISCO, May 07, 2024 (GLOBE NEWSWIRE) -- RSA Conference 2024 Booth #5658 — Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced the addition of prompt m...

2 months ago - GlobeNewsWire

Varonis Announces First Quarter 2024 Financial Results

Annual recurring revenues grew 17% year-over-yearSaaS ARR as a percentage of total ARR was approximately 30%Year-to-date cash from operations generated $56.7 million vs. $36.8 million last yearYear-to...

2 months ago - GlobeNewsWire

Varonis at RSAC 2024: Reducing AI's Blast Radius and Deploying Copilots Safely

NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, released its full event schedule as a Platinum Plus Sponsor of the RSA Conference 2024, ta...

2 months ago - GlobeNewsWire

Varonis Announces Date of First Quarter 2024 Financial Results

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

2 months ago - GlobeNewsWire

Varonis Announces Global Partners in Excellence Award Winners

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced the winners of its annual Partners in Excellence awards. The program honors Varo...

2 months ago - GlobeNewsWire

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

NEW YORK, April 02, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced Varonis for Microsoft 365 Copilot — the industry's first purpose-built sol...

3 months ago - GlobeNewsWire

Varonis to Kick Off 2024 Global Customer Connect! Event Series

NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, will kick off Connect! 2024, the company's annual customer event series.

3 months ago - GlobeNewsWire

Varonis Named to CRN's 2024 Security 100 List

NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) today announced it has been named by CRN®, a brand of The Channel Company, to its Security 100 list. The list honors se...

4 months ago - GlobeNewsWire

Varonis to Present at March Investor Conferences

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

4 months ago - GlobeNewsWire

This Analyst With 87% Accuracy Rate Sees Around 12% Upside In Masco - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - Masco (NYSE:MAS)

U.S. stocks closed mostly higher on Friday, while the S&P 500 closed above the 5,000 mark for the first time. For the week, all three indices recorded their fifth consecutive weekly gain with the S&P ...

Other symbols: MASEVBGLGIHVVX
5 months ago - Benzinga

Varonis Announces Fourth Quarter and Full-Year 2023 Financial Results

Annual recurring revenues grew 17% year-over-yearSaaS ARR as a percentage of total ARR was approximately 23%Year-to-date cash from operations generated $59.4 million vs. $11.9 million last yearYear-to...

5 months ago - GlobeNewsWire

Varonis Introduces MDDR: Industry's First Managed Data Detection and Response Offering

Varonis introduces Managed Data Detection and Response (MDDR), the industry's first managed service dedicated to stopping threats at the data level.

5 months ago - GlobeNewsWire

Varonis Announces Universal Data Classification Support for Databases

NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced the ability to integrate with connected databases hosted in the cloud or on...

5 months ago - GlobeNewsWire

Varonis Extends Data Security Posture Management Coverage to Snowflake

NEW YORK, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), today announced it expanded its cloud-native platform with data security posture management (DSPM) for Snowflake. The ...

5 months ago - GlobeNewsWire

Varonis Accelerates Secure Adoption of Microsoft Copilot for Microsoft 365

NEW YORK, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced a strategic collaboration with Microsoft to help companies safely harness t...

5 months ago - GlobeNewsWire

Varonis Named a Leader in GigaOm's 2023 Radar Report for Data Security Platforms

Varonis was named a Leader in GigaOm's 2023 Radar Report for Data Security Platforms, receiving the highest scores for DSPM, service integrations and more.

6 months ago - GlobeNewsWire