NASDAQ:VRNS Varonis Systems - VRNS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Varonis Systems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $26.85 +0.83 (+3.19%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$26.29▼$27.1250-Day Range$23.59▼$28.5652-Week Range$15.61▼$51.60Volume915,423 shsAverage Volume1.23 million shsMarket Capitalization$2.89 billionP/E RatioN/ADividend YieldN/APrice Target$30.94 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Varonis Systems MarketRank™ ForecastAnalyst RatingHold2.35 Rating ScoreUpside/Downside15.2% Upside$30.94 Price TargetShort InterestHealthy4.40% of Shares Sold ShortDividend StrengthN/ASustainability-1.31Upright™ Environmental ScoreNews Sentiment0.62Based on 12 Articles This WeekInsider TradingSelling Shares$35,670 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.82) to ($0.79) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.25 out of 5 starsComputer And Technology Sector283rd out of 601 stocksPrepackaged Software Industry101st out of 213 stocks 3.2 Analyst's Opinion Consensus RatingVaronis Systems has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 8 buy ratings, 11 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.94, Varonis Systems has a forecasted upside of 15.2% from its current price of $26.85.Amount of Analyst CoverageVaronis Systems has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.40% of the outstanding shares of Varonis Systems have been sold short.Short Interest Ratio / Days to CoverVaronis Systems has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Varonis Systems has recently decreased by 1.46%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldVaronis Systems does not currently pay a dividend.Dividend GrowthVaronis Systems does not have a long track record of dividend growth. Previous Next 3.7 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreVaronis Systems has received a 45.92% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is driven by its "Data privacy tracking and control software", "Cloud security software", and "Intrusion detection software" products. See details.Environmental SustainabilityThe Environmental Impact score for Varonis Systems is -1.31. Previous Next 2.6 News and Social Media Coverage News SentimentVaronis Systems has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Varonis Systems this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for VRNS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Varonis Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Varonis Systems insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $35,670.00 in company stock.Percentage Held by InsidersOnly 1.90% of the stock of Varonis Systems is held by insiders.Percentage Held by Institutions90.72% of the stock of Varonis Systems is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Varonis Systems are expected to grow in the coming year, from ($0.82) to ($0.79) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Varonis Systems is -23.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Varonis Systems is -23.55, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioVaronis Systems has a P/B Ratio of 5.89. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Varonis Systems (NASDAQ:VRNS) StockVaronis Systems, Inc. engages in protecting enterprise data such as sensitive files and emails, confidential customer, patient, and employee data, financial records, strategic and product plans, and other intellectual property. It operates through the following geographical segments: North America, EMEA, and Rest of the World. The company was founded by Yakov Faitelson and Ohad Korkus on November 3, 2004 and is headquartered in New York, NY.Read More Receive VRNS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Varonis Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address VRNS Stock News HeadlinesMarch 19, 2023 | americanbankingnews.comRoyal Bank of Canada Reiterates Outperform Rating for Varonis Systems (NASDAQ:VRNS)March 18, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Varonis Systems (NASDAQ:VRNS)March 22, 2023 | Investing Daily (Ad)How This Trader Banked A 97% Win RateDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 18, 2023 | americanbankingnews.comVaronis Systems (NASDAQ:VRNS) Stock Rating Reaffirmed by JMP SecuritiesMarch 18, 2023 | americanbankingnews.comVaronis Systems (NASDAQ:VRNS) Raised to "Equal Weight" at Wells Fargo & CompanyMarch 16, 2023 | markets.businessinsider.comVaronis Systems (VRNS) Receives a Hold from Morgan StanleyMarch 15, 2023 | americanbankingnews.comVaronis Systems (NASDAQ:VRNS) Price Target Raised to $30.00March 14, 2023 | finance.yahoo.comVaronis Hosts Investor DayMarch 22, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 2, 2023 | finance.yahoo.comVaronis Announces Partners in Excellence Award WinnersFebruary 22, 2023 | finance.yahoo.comVaronis Featured on CRN’s 2023 Security 100 ListFebruary 22, 2023 | benzinga.comVaronis Systems Stock (NASDAQ:VRNS), Quotes and News SummaryFebruary 9, 2023 | finance.yahoo.comVaronis Systems, Inc. (NASDAQ:VRNS) Q4 2022 Earnings Call TranscriptFebruary 7, 2023 | finance.yahoo.comVaronis Has Ample Upside Backed By SaaS Service And DataAdvantage Cloud, Analyst Says Post Q4February 7, 2023 | markets.businessinsider.comMorgan Stanley Reaffirms Their Hold Rating on Varonis Systems (VRNS)February 7, 2023 | finanznachrichten.deVaronis Systems, Inc.: Varonis Announces Fourth Quarter and Full-Year 2022 Financial ResultsFebruary 7, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Activision Blizzard (ATVI), Varonis Systems (VRNS) and ams AG (OtherAUKUF)February 7, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Varonis Systems (VRNS) and Pinterest (PINS)February 7, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Technology Stocks: Varonis Systems (VRNS), UMS Holdings (OtherUMSSF) and ZoomInfo Technologies (ZI)February 7, 2023 | finance.yahoo.comVaronis Systems (VRNS) Q4 2022 Earnings Call TranscriptFebruary 6, 2023 | finance.yahoo.comVaronis Announces Fourth Quarter and Full-Year 2022 Financial ResultsFebruary 6, 2023 | finance.yahoo.comVaronis To Host Investor Day on March 14, 2023February 3, 2023 | msn.comEarnings Outlook For Varonis SystemsJanuary 31, 2023 | benzinga.comVaronis Announces Proactive Incident Response for SaaS CustomersJanuary 30, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: L3Harris Technologies (LHX) and Varonis Systems (VRNS)January 30, 2023 | msn.comBenzinga's Top Ratings Upgrades, Downgrades For January 30, 2023January 30, 2023 | markets.businessinsider.comRobert W. Baird downgrades Varonis Systems (VRNS) to a HoldSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive VRNS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Varonis Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address VRNS Company Calendar Last Earnings2/06/2023Today3/21/2023Next Earnings (Estimated)5/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:VRNS CUSIPN/A CIK1361113 Webwww.varonis.com Phone(877) 292-8767Fax212-695-7010Employees2,143Year FoundedN/APrice Target and Rating Average Stock Price Forecast$30.94 High Stock Price Forecast$63.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+14.7%Consensus RatingHold Rating Score (0-4)2.35 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)($1.14) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-124,520,000.00 Net Margins-26.29% Pretax Margin-23.40% Return on Equity-23.10% Return on Assets-11.52% Debt Debt-to-Equity Ratio0.50 Current Ratio3.96 Quick Ratio3.96 Sales & Book Value Annual Sales$473.63 million Price / Sales6.13 Cash FlowN/A Price / Cash FlowN/A Book Value$4.56 per share Price / Book5.92Miscellaneous Outstanding Shares107,620,000Free Float105,571,000Market Cap$2.90 billion OptionableOptionable Beta0.88 Key ExecutivesYakov FaitelsonChairman, President & Chief Executive OfficerGuy MelamedChief Financial & Operating OfficerDavid BassChief Technology Officer & EVP-EngineeringGilad RazChief Information Officer & VP-Technical ServicesDov GottliebSecretary, Vice President & General CounselKey CompetitorsVertexNASDAQ:VERXMicroStrategyNASDAQ:MSTRDuck Creek TechnologiesNASDAQ:DCTBlackbaudNASDAQ:BLKBSmead Value FundNASDAQ:SVFCXView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Sold 347,928 shares on 3/10/2023Ownership: 0.717%Rockefeller Capital Management L.P.Sold 322,104 shares on 3/6/2023Ownership: 0.011%Voya Investment Management LLCSold 125,496 shares on 2/28/2023Ownership: 0.352%Macquarie Group Ltd.Bought 76,109 shares on 2/21/2023Ownership: 2.200%Alliancebernstein L.P.Sold 3,318,998 shares on 2/16/2023Ownership: 0.127%View All Insider TransactionsView All Institutional Transactions VRNS Stock - Frequently Asked Questions Should I buy or sell Varonis Systems stock right now? 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last year. There are currently 1 sell rating, 11 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" VRNS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in VRNS, but not buy additional shares or sell existing shares. View VRNS analyst ratings or view top-rated stocks. What is Varonis Systems' stock price forecast for 2023? 20 Wall Street research analysts have issued 1 year price objectives for Varonis Systems' shares. Their VRNS share price forecasts range from $20.00 to $63.00. On average, they predict the company's stock price to reach $30.94 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price. View analysts price targets for VRNS or view top-rated stocks among Wall Street analysts. How have VRNS shares performed in 2023? Varonis Systems' stock was trading at $23.94 at the start of the year. Since then, VRNS shares have increased by 12.2% and is now trading at $26.85. View the best growth stocks for 2023 here. When is Varonis Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023. View our VRNS earnings forecast. How were Varonis Systems' earnings last quarter? Varonis Systems, Inc. (NASDAQ:VRNS) posted its earnings results on Monday, February, 6th. The technology company reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.11) by $0.03. The technology company had revenue of $142.62 million for the quarter, compared to analyst estimates of $140.58 million. Varonis Systems had a negative trailing twelve-month return on equity of 23.10% and a negative net margin of 26.29%. What ETFs hold Varonis Systems' stock? ETFs with the largest weight of Varonis Systems (NASDAQ:VRNS) stock in their portfolio include Global X Cybersecurity ETF (BUG), WisdomTree Cybersecurity Fund (WCBR), iShares Cybersecurity and Tech ETF (IHAK), First Trust NASDAQ Cybersecurity ETF (CIBR), BlueStar Israel Technology ETF (ITEQ), SPDR Kensho Future Security ETF (FITE), ROBO Global Artificial Intelligence ETF (THNQ) and ETFMG Prime Cyber Security ETF (HACK). When did Varonis Systems' stock split? Shares of Varonis Systems split on the morning of Monday, March 15th 2021. The 3-1 split was announced on Monday, February 8th 2021. The newly created shares were payable to shareholders after the closing bell on Friday, March 12th 2021. An investor that had 100 shares of stock prior to the split would have 300 shares after the split. What guidance has Varonis Systems issued on next quarter's earnings? Varonis Systems updated its first quarter 2023 earnings guidance on Monday, February, 6th. The company provided earnings per share (EPS) guidance of -$0.05--$0.04 for the period, compared to the consensus earnings per share estimate of -$0.07. The company issued revenue guidance of $106.00 million-$108.00 million, compared to the consensus revenue estimate of $107.45 million. What is Yaki Faitelson's approval rating as Varonis Systems' CEO? 332 employees have rated Varonis Systems Chief Executive Officer Yaki Faitelson on Glassdoor.com. Yaki Faitelson has an approval rating of 85% among the company's employees. What other stocks do shareholders of Varonis Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other Varonis Systems investors own include Block (SQ), Okta (OKTA), NVIDIA (NVDA), Shopify (SHOP), Netflix (NFLX), Alibaba Group (BABA), PayPal (PYPL), Walt Disney (DIS), Tesla (TSLA) and Arista Networks (ANET). What is Varonis Systems' stock symbol? Varonis Systems trades on the NASDAQ under the ticker symbol "VRNS." Who are Varonis Systems' major shareholders? Varonis Systems' stock is owned by a variety of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (5.61%), First Trust Advisors LP (3.98%), Clearbridge Investments LLC (3.26%), Soma Equity Partners LP (3.25%), Mirae Asset Global Investments Co. Ltd. (2.16%) and Macquarie Group Ltd. (2.20%). Insiders that own company stock include Avrohom J Kess, David Bass, Den Bosch Fred Van, Dov Gottlieb, Gilad Raz, Gili Iohan, Guy Melamed, James O'boyle, Kevin E Comolli, Ofer Segev, Thomas F Mendoza and Yakov Faitelson. View institutional ownership trends. How do I buy shares of Varonis Systems? Shares of VRNS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Varonis Systems' stock price today? One share of VRNS stock can currently be purchased for approximately $26.85. How much money does Varonis Systems make? Varonis Systems (NASDAQ:VRNS) has a market capitalization of $2.89 billion and generates $473.63 million in revenue each year. The technology company earns $-124,520,000.00 in net income (profit) each year or ($1.14) on an earnings per share basis. How many employees does Varonis Systems have? The company employs 2,143 workers across the globe. How can I contact Varonis Systems? Varonis Systems' mailing address is 1250 Broadway 29th Floor, New York NY, 10001. The official website for the company is www.varonis.com. The technology company can be reached via phone at (877) 292-8767, via email at investors@varonis.com, or via fax at 212-695-7010. This page (NASDAQ:VRNS) was last updated on 3/22/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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