Varonis Systems, Inc. (VRNS)
NASDAQ: VRNS · IEX Real-Time Price · USD
44.22
+0.89 (2.05%)
At close: Jun 21, 2024, 4:00 PM
43.42
-0.80 (-1.81%)
After-hours: Jun 21, 2024, 7:44 PM 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 48.93, with a low estimate of 35 and a high estimate of 65. The average target predicts an increase of 10.65% from the current stock price of 44.22.

Analyst Consensus: Buy
Target Low Average Median High
Price $35 $48.93 $45 $65
Change -20.85% +10.65% +1.76% +46.99%

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 Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 112222
Buy 677778
Hold 866676
Sell 000000
Strong Sell 000000
Total 151415151616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Upgrades
$50$54
Buy Upgrades $50$54 +22.12% 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 +31.16% May 7, 2024
Baird
Baird
Hold
Maintains
$48$50
Hold Maintains $48$50 +13.07% May 7, 2024
RBC Capital
RBC Capital
Buy
Reiterates
$56
Buy Reiterates $56 +26.64% Mar 15, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
254.19M292.69M390.13M473.63M499.16M553.14M619.59M718.20M804.08M917.56M
Revenue Growth
-5.96%15.15%33.29%21.40%5.39%10.81%12.01%15.92%11.96%14.11%
EPS
-0.87-1.00-1.11-1.14-0.920.180.240.511.001.64
EPS Growth
------36.84%111.04%95.15%64.29%
Forward PE
-----249.31182.1986.3344.2426.93
No. Analysts -----24241043
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.