Varonis Systems, Inc. (VRNS)

NASDAQ: VRNS · IEX Real-Time Price · USD
45.33
+0.49 (1.09%)
At close: Apr 26, 2024, 4:00 PM
45.29
-0.04 (-0.09%)
After-hours: Apr 26, 2024, 7:07 PM EDT
1.09%
Market Cap 5.06B
Revenue (ttm) 499.16M
Net Income (ttm) -100.92M
Shares Out 111.59M
EPS (ttm) -0.92
PE Ratio n/a
Forward PE 349.02
Dividend n/a
Ex-Dividend Date n/a
Volume 591,139
Open 45.43
Previous Close 44.84
Day's Range 45.20 - 45.81
52-Week Range 22.34 - 52.88
Beta 0.82
Analysts Buy
Price Target 48.40 (+6.77%)
Earnings Date May 6, 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 15 analysts, the average rating for VRNS stock is "Buy." The 12-month stock price forecast is $48.4, which is an increase of 6.77% from the latest price.

Price Target
$48.4
(6.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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...

16 days 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...

16 days 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...

24 days 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.

6 weeks 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...

2 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:

2 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
2 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...

2 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.

2 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...

3 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 ...

3 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...

3 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.

3 months ago - GlobeNewsWire

Varonis Announces Date of Fourth Quarter 2023 Financial Results

NEW YORK, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced that it will report its fourth quarter 2023 financial results following the close...

3 months ago - GlobeNewsWire

Varonis Announces Data Security Platform on Salesforce AppExchange

Varonis announced that it has launched its Data Security Platform on Salesforce AppExchange, a leading enterprise marketplace for partner apps & experts.

4 months ago - GlobeNewsWire

Varonis Adds PCI DSS and HIPAA Compliance to its Growing List of Certifications

NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Varonis (Nasdaq: VRNS), a leader in data security, announced that its Data Security Platform has achieved compliance with the PCI Data Security Standard and...

5 months ago - GlobeNewsWire

Varonis Returns to Black Hat Europe 2023: Prevent AI Data Exposure, Play Capture the Flag, and Strengthen Your DSPM

NEW YORK and LONDON, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Varonis (Nasdaq: VRNS), a leader in data security, announced its return as a Gold Sponsor at Black Hat Europe 2023, December 4 – 7 in London. Joi...

5 months ago - GlobeNewsWire

Varonis Adds Generative AI Capabilities to Leading Data Security Platform With Launch of Athena AI

Varonis expands its AI and machine learning capabilities with Athena AI, a new generative AI layer that spans across the Varonis Data Security Platform.

5 months ago - GlobeNewsWire

Varonis to Present at Upcoming Investor Conferences

NEW YORK, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced its participation at the following upcoming conferences:

6 months ago - GlobeNewsWire

Varonis Expands Microsoft Exchange Online Protection to Prevent Sensitive Email Exposure

NEW YORK, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced major enhancements to its Microsoft 365 offering, adding more robust capabi...

6 months ago - GlobeNewsWire

Varonis Announces Third Quarter 2023 Financial Results

Annual recurring revenues grew 16% year-over-year59% SaaS mix of new business and upsell ARR in the third quarterYear-to-date cash from operations generated $49.0 million vs. $8.4 million last yearYea...

6 months ago - GlobeNewsWire

Varonis Leads the Way in DSPM, Receiving Most Innovative in Data Security Posture Management Award

NEW YORK and ORLANDO, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, is proud to announce it received the Most Innovative in Data Security Pos...

6 months ago - GlobeNewsWire

Varonis Launches Data Center in Canada for Cloud-Native Security

NEW YORK and TORONTO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced its first local data center in Canada to support new customers ...

7 months ago - GlobeNewsWire

Varonis Announces Date of Third Quarter 2023 Financial Results

NEW YORK, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced that it will report its third quarter 2023 financial results following the close ...

7 months ago - GlobeNewsWire