Varonis Systems, Inc. (VRNS)

NASDAQ: VRNS · Real-Time Price · USD
45.30
+0.25 (0.55%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.55%
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]

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

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 Statements

Analyst 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.

Price Target
$58.35
(28.81% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

5 days 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...

9 days 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...

18 days 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' ...

4 weeks 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...

7 weeks 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...

2 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 ...

2 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...

3 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...

3 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:

4 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...

4 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...

5 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.

5 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, ...

5 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...

5 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...

5 months ago - GlobeNewsWire

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...

6 months 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...

6 months 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.

6 months 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...

7 months 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.

7 months ago - GlobeNewsWire

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...

7 months ago - Seeking Alpha

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...

7 months 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:

7 months 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.

8 months ago - GlobeNewsWire