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Varonis Systems, Inc. (VRNS)
NASDAQ: VRNS · IEX Real-Time Price · USD
44.03
+0.69 (1.59%)
At close: Apr 22, 2024, 4:00 PM
44.06
+0.03 (0.07%)
After-hours: Apr 22, 2024, 6:20 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 48.4, with a low estimate of 35 and a high estimate of 65. The average target predicts an increase of 9.93% from the current stock price of 44.03.

Analyst Consensus: Buy
Target Low Average Median High
Price $35 $48.4 $45 $65
Change -20.51% +9.93% +2.20% +47.63%
* Price targets were last updated on Mar 15, 2024.

Analyst Ratings

The average analyst rating for VRNS stock from 15 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 221122
Buy 666777
Hold 888666
Sell 000000
Strong Sell 000000
Total 161615141515

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Matthew Hedberg
RBC Capital
 RBC Capital
Buy
Reiterates
$56
 Buy Reiterates $56 +27.19% Mar 15, 2024
Joel Fishbein
Truist Securities
 Truist Securities
Strong Buy
Reiterates
$50 → $55
 Strong Buy Reiterates $50 → $55 +24.91% Mar 13, 2024
Brian Essex
JP Morgan
 JP Morgan
Hold
Maintains
$49 → $50
 Hold Maintains $49 → $50 +13.56% Feb 6, 2024
Shrenik Kothari
Baird
 Baird
Hold
Maintains
$45 → $48
 Hold Maintains $45 → $48 +9.02% Feb 6, 2024
Erik Suppiger
JMP Securities
 JMP Securities
Buy
Reiterates
$63
 Buy Reiterates $63 +43.08% Feb 6, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
552.89M
from 499.16M
Increased by 10.76%
Revenue Next Year
620.63M
from 552.89M
Increased by 12.25%
EPS This Year
0.15
from -0.92
EPS Next Year
0.23
from 0.15
Increased by 52.86%
Year 2019202020212022202320242025202620272028
Revenue
254.19M292.69M390.13M473.63M499.16M552.89M620.63M715.59M810.77M908.06M
Revenue Growth
-5.96%15.15%33.29%21.40%5.39%10.76%12.25%15.30%13.30%12.00%
EPS
-0.87-1.00-1.11-1.14-0.920.150.230.481.251.57
EPS Growth
------52.86%105.35%163.71%25.20%
No. Analysts -----2424933
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 574.4M 664.6M 756.0M 834.6M 934.8M
Avg 552.9M 620.6M 715.6M 810.8M 908.1M
Low 525.4M 538.9M 674.2M 779.0M 872.5M

Revenue Growth

Revenue Growth 20242025202620272028
High
15.1%
20.2%
21.8%
16.6%
15.3%
Avg
10.8%
12.3%
15.3%
13.3%
12.0%
Low
5.3%
-2.5%
8.6%
8.9%
7.6%

EPS Forecast

EPS 20242025202620272028
High 0.40 0.61 0.83 1.29 1.62
Avg 0.15 0.23 0.48 1.25 1.57
Low 0.11 -0.39 0.09 1.21 1.51

EPS Growth

EPS Growth 20242025202620272028
High -
301.8%
258.0%
171.5%
28.9%
Avg -
52.9%
105.3%
163.7%
25.2%
Low - -
-61.9%
153.4%
20.3%
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.