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NASDAQ:VRNS - Varonis Systems Stock Price, Forecast & News

-0.60 (-0.65 %)
(As of 02/21/2020 04:26 AM ET)
Today's Range
Now: $91.32
50-Day Range
MA: $85.66
52-Week Range
Now: $91.32
Volume246,000 shs
Average Volume290,847 shs
Market Capitalization$2.80 billion
P/E RatioN/A
Dividend YieldN/A
Varonis Systems, Inc provides software products and services that allow enterprises to manage, analyze, and secure enterprise data. Its software allows enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential customer, and patient and employee data; financial records; strategic and product plans; and other intellectual property. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
SectorComputer and Technology
Current SymbolNASDAQ:VRNS



Sales & Book Value

Annual Sales$254.19 million
Book Value$3.06 per share


Net Income$-78,760,000.00


Market Cap$2.80 billion
Next Earnings Date5/4/2020 (Estimated)

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Varonis Systems (NASDAQ:VRNS) Frequently Asked Questions

What is Varonis Systems' stock symbol?

Varonis Systems trades on the NASDAQ under the ticker symbol "VRNS."

How were Varonis Systems' earnings last quarter?

Varonis Systems Inc (NASDAQ:VRNS) issued its earnings results on Monday, February, 10th. The technology company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.47) by $0.38. The technology company had revenue of $72.60 million for the quarter, compared to analyst estimates of $72.05 million. Varonis Systems had a negative return on equity of 74.25% and a negative net margin of 30.99%. The business's revenue was down 17.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.54 EPS. View Varonis Systems' Earnings History.

When is Varonis Systems' next earnings date?

Varonis Systems is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Varonis Systems.

What guidance has Varonis Systems issued on next quarter's earnings?

Varonis Systems issued an update on its FY20 earnings guidance on Monday, February, 10th. The company provided earnings per share guidance of ($0.93)-($0.89) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.54). The company issued revenue guidance of $286-$292 million, compared to the consensus revenue estimate of $286.43 million.

What price target have analysts set for VRNS?

12 analysts have issued 1 year target prices for Varonis Systems' shares. Their forecasts range from $70.00 to $115.00. On average, they expect Varonis Systems' stock price to reach $95.10 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for Varonis Systems.

What is the consensus analysts' recommendation for Varonis Systems?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Varonis Systems.

What are Wall Street analysts saying about Varonis Systems stock?

Here are some recent quotes from research analysts about Varonis Systems stock:
  • 1. According to Zacks Investment Research, "Varonis Systems Inc. provides an innovative software platform that allows enterprises to map, analyze, manage and migrate their unstructured data. Its products include DatAdvantage, DataPrivilege, IDU Classification Framework, Data Transport Engine and DatAnywhere. The company sells its products to small and medium businesses, and large multinational enterprises in financial services, consumer and retail, industrial, healthcare, and energy and utilities industries. Varonis Systems Inc. is headquartered in New York. " (2/15/2020)
  • 2. Robert W. Baird analysts commented, "We maintain our Outperform rating and increase our price target to $80. Varonis reported a significant acceleration in subscription mix in 2Q19 to 56% of license revenue from guidance of 25%. While this contributed to weak reported results, a faster-than-anticipated shift to subscription and greater adoption of the Varonis platform validates the new pricing model, drives a broader value proposition to customers and increases value to shareholders long term." (7/30/2019)

Has Varonis Systems been receiving favorable news coverage?

News headlines about VRNS stock have been trending somewhat positive on Friday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Varonis Systems earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Varonis Systems.

Are investors shorting Varonis Systems?

Varonis Systems saw a decline in short interest in January. As of January 31st, there was short interest totalling 2,950,000 shares, a decline of 5.4% from the January 15th total of 3,120,000 shares. Based on an average daily volume of 259,900 shares, the short-interest ratio is presently 11.4 days. Currently, 10.1% of the company's shares are short sold. View Varonis Systems' Current Options Chain.

Who are some of Varonis Systems' key competitors?

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 Okta (OKTA), Shopify (SHOP), NVIDIA (NVDA), Arista Networks (ANET), Alibaba Group (BABA), Square (SQ), Netflix (NFLX), Paypal (PYPL), Tesla (TSLA) and Trade Desk (TTD).

Who are Varonis Systems' key executives?

Varonis Systems' management team includes the folowing people:
  • Mr. Yakov Faitelson, Co-Founder, Chairman, CEO & Pres (Age 44)
  • Mr. Guy Melamed, CFO & COO (Age 39)
  • Mr. James O'Boyle, Sr. VP of Worldwide Sales (Age 55)
  • Mr. Ohad Korkus, Co-Founder & Director (Age 40)
  • Mr. David Bass, Exec. VP of Engineering & CTO (Age 41)

Who are Varonis Systems' major shareholders?

Varonis Systems' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Jackson Square Partners LLC (6.68%), Cadian Capital Management LP (6.15%), William Blair Investment Management LLC (4.67%), Victory Capital Management Inc. (4.34%), Victory Capital Management Inc. (4.28%) and FMR LLC (3.69%). Company insiders that own Varonis Systems stock include David Bass, Gili Iohan, Guy Melamed, James O'boyle, Kevin E Comolli, Ohad Korkus, Thomas F Mendoza and Yakov Faitelson. View Institutional Ownership Trends for Varonis Systems.

Which institutional investors are selling Varonis Systems stock?

VRNS stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., FMR LLC, First Trust Advisors LP, Candriam Luxembourg S.C.A., Migdal Insurance & Financial Holdings Ltd., Cadian Capital Management LP, Strs Ohio and PNC Financial Services Group Inc.. Company insiders that have sold Varonis Systems company stock in the last year include David Bass, Gili Iohan, James O'boyle, Ohad Korkus and Yakov Faitelson. View Insider Buying and Selling for Varonis Systems.

Which institutional investors are buying Varonis Systems stock?

VRNS stock was purchased by a variety of institutional investors in the last quarter, including William Blair Investment Management LLC, Victory Capital Management Inc., Victory Capital Management Inc., Artisan Partners Limited Partnership, Ion Asset Management Ltd., Jackson Square Partners LLC, Kopion Asset Management LLC and Castleark Management LLC. View Insider Buying and Selling for Varonis Systems.

How do I buy shares of Varonis Systems?

Shares of VRNS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Varonis Systems' stock price today?

One share of VRNS stock can currently be purchased for approximately $91.32.

How big of a company is Varonis Systems?

Varonis Systems has a market capitalization of $2.80 billion and generates $254.19 million in revenue each year. The technology company earns $-78,760,000.00 in net income (profit) each year or ($2.53) on an earnings per share basis. Varonis Systems employs 1,574 workers across the globe.View Additional Information About Varonis Systems.

What is Varonis Systems' official website?

The official website for Varonis Systems is http://www.varonis.com/.

How can I contact Varonis Systems?

Varonis Systems' mailing address is 1250 Broadway 29th Floor, New York NY, 10001. The technology company can be reached via phone at 877-292-8789 or via email at [email protected]

MarketBeat Community Rating for Varonis Systems (NASDAQ VRNS)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  708 (Vote Outperform)
Underperform Votes:  367 (Vote Underperform)
Total Votes:  1,075
MarketBeat's community ratings are surveys of what our community members think about Varonis Systems and other stocks. Vote "Outperform" if you believe VRNS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe VRNS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2020 by MarketBeat.com Staff

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