Varonis Systems, Inc. (VRNS)
NASDAQ: VRNS · Real-Time Price · USD
50.02
-0.18 (-0.36%)
Nov 22, 2024, 4:00 PM EST - Market closed
Varonis Systems Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Varonis Systems stock have an average target of 59.67, with a low estimate of 45 and a high estimate of 70. The average target predicts an increase of 19.29% from the current stock price of 50.02.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 2 | 2 | 3 | 3 |
| Buy | 8 | 9 | 9 | 9 | 9 | 8 |
| Hold | 6 | 5 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 17 | 16 | 16 | 17 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $65 | Buy | Reiterates | $65 | +29.95% | Oct 30, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $48 → $55 | Hold | Maintains | $48 → $55 | +9.96% | Oct 30, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $59 → $65 | Buy | Maintains | $59 → $65 | +29.95% | Oct 28, 2024 |
| UBS | UBS | Strong Buy Maintains $63 → $70 | Strong Buy | Maintains | $63 → $70 | +39.94% | Oct 23, 2024 |
| Baird | Baird | Buy Maintains $60 → $62 | Buy | Maintains | $60 → $62 | +23.95% | Oct 23, 2024 |
Financial Forecast
Revenue This Year
569.05M
from 499.16M
Increased by 14.00%
Revenue Next Year
636.04M
from 569.05M
Increased by 11.77%
EPS This Year
0.28
from -0.92
EPS Next Year
0.32
from 0.28
Increased by 15.81%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 592.8M | 678.8M | 784.1M | ||
| Avg | 569.1M | 636.0M | 731.4M | ||
| Low | 545.8M | 574.3M | 681.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 18.8% | 19.3% | 23.3% | ||
| Avg | 14.0% | 11.8% | 15.0% | ||
| Low | 9.3% | 0.9% | 7.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.38 | 0.50 | 0.87 | ||
| Avg | 0.28 | 0.32 | 0.50 | ||
| Low | 0.25 | -0.14 | 0.12 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 82.0% | 171.8% | ||
| Avg | - | 15.8% | 55.1% | ||
| Low | - | - | -63.3% |
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.