Varonis Systems, Inc. (VRNS)
NASDAQ: VRNS · IEX Real-Time Price · USD
46.97
-0.56 (-1.18%)
At close: Jul 19, 2024, 4:00 PM
48.51
+1.54 (3.28%)
Pre-market: Jul 22, 2024, 7:06 AM EDT
Varonis Systems Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Varonis Systems stock have an average target of 50.13, with a low estimate of 35 and a high estimate of 65. The average target predicts an increase of 6.73% from the current stock price of 46.97.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for VRNS stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 7 | 7 | 7 | 7 | 8 | 8 |
| Hold | 6 | 6 | 6 | 7 | 6 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 15 | 15 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $53 → $55 | Buy | Maintains | $53 → $55 | +17.10% | Jul 11, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $50 → $54 | Hold → Buy | Upgrades | $50 → $54 | +14.97% | Jun 14, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 13, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $56 → $58 | Buy | Maintains | $56 → $58 | +23.48% | May 7, 2024 |
| Baird | Baird | Hold Maintains $48 → $50 | Hold | Maintains | $48 → $50 | +6.45% | May 7, 2024 |
Financial Forecast
Revenue This Year
553.14M
from 499.16M
Increased by 10.81%
Revenue Next Year
619.59M
from 553.14M
Increased by 12.01%
EPS This Year
0.18
from -0.92
EPS Next Year
0.24
from 0.18
Increased by 36.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 574.2M | 664.7M | 770.0M | 839.6M | 944.6M |
| Avg | 553.1M | 619.6M | 718.2M | 804.1M | 917.6M |
| Low | 529.5M | 538.9M | 674.2M | 761.5M | 881.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.0% | 20.2% | 24.3% | 16.9% | 17.5% |
| Avg | 10.8% | 12.0% | 15.9% | 12.0% | 14.1% |
| Low | 6.1% | -2.6% | 8.8% | 6.0% | 9.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.62 | 0.54 | 0.89 | 1.39 | 1.69 |
| Avg | 0.18 | 0.24 | 0.51 | 1.00 | 1.64 |
| Low | 0.13 | -0.39 | 0.05 | 0.63 | 1.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 201.9% | 267.7% | 170.6% | 69.1% |
| Avg | - | 36.8% | 111.0% | 95.2% | 64.3% |
| Low | - | - | -79.8% | 22.4% | 57.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.