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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
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Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Germans urged to cap heat in offices this winter to save gas
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Germans urged to cap heat in offices this winter to save gas
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
Is Apple Pointing to a Massive Recession in the U.S.? (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
Climate bill: Could coal communities shift to nuclear?
Italy's Lake Garda shrinks to near-historic low amid drought
Germans urged to cap heat in offices this winter to save gas
27 U.S. Cities Where Stocks Yield 26% a Year (Ad)pixel
NASDAQ:VRNS

Varonis Systems - VRNS Stock Forecast, Price & News

$30.87
+0.17 (+0.55%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$30.41
$31.21
50-Day Range
$25.39
$34.92
52-Week Range
$24.58
$73.46
Volume
775,409 shs
Average Volume
1.56 million shs
Market Capitalization
$3.39 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$42.93

Varonis Systems MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.79 Rating Score
Upside/​Downside
39.1% Upside
$42.93 Price Target
Short Interest
Healthy
3.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.87
Upright™ Environmental Score
News Sentiment
-0.11mentions of Varonis Systems in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$341,774 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.98) to ($0.88) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Computer And Technology Sector

204th out of 659 stocks

Prepackaged Software Industry

60th out of 230 stocks

VRNS stock logo

About Varonis Systems (NASDAQ:VRNS) Stock

Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for users on Windows and UNIX/Linux servers, storage devices, email systems, Intranet servers, cloud applications, and data stores; and DatAlert that profiles users, devices, and their behaviors related to systems and data, detects and alerts on deviations that indicate compromise, and provides a Web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions, as well as provides business and information technology (IT) personnel with actionable intelligence about data; and DataPrivilege, which offers a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention. In addition, the company provides Data Transport Engine, which provides an execution engine that unifies the manipulation of data and metadata, translating business decisions, and instructions into technical commands, such as data migration or archiving; and DatAnswers that offers search functionality for enterprise data. Varonis Systems, Inc. sells products and services through a network of distributors and resellers. The company serves IT, security, and business personnel. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in New York, New York.

Wall Street Analysts Forecast Growth

VRNS has been the topic of several recent analyst reports. Piper Sandler reduced their target price on Varonis Systems from $45.00 to $37.00 and set an "overweight" rating on the stock in a report on Tuesday, August 2nd. Morgan Stanley cut their price target on Varonis Systems from $35.00 to $32.00 and set an "equal weight" rating for the company in a report on Tuesday, August 2nd. Summit Insights reissued a "buy" rating on shares of Varonis Systems in a report on Monday, May 2nd. Wells Fargo & Company dropped their target price on shares of Varonis Systems from $40.00 to $35.00 and set an "overweight" rating for the company in a research note on Tuesday, August 2nd. Finally, Wedbush decreased their price target on shares of Varonis Systems from $60.00 to $52.00 and set an "outperform" rating on the stock in a research note on Tuesday, May 3rd. Four equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $42.93.

Varonis Systems Stock Up 0.6 %

Varonis Systems stock opened at $30.87 on Friday. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of -25.10 and a beta of 1.17. The company's 50 day simple moving average is $29.97 and its 200 day simple moving average is $36.73. The company has a debt-to-equity ratio of 0.47, a current ratio of 4.34 and a quick ratio of 4.34. Varonis Systems has a fifty-two week low of $24.58 and a fifty-two week high of $73.46.

Insiders Place Their Bets

In other news, Director Ofer Segev sold 1,500 shares of the business's stock in a transaction on Wednesday, July 6th. The shares were sold at an average price of $31.48, for a total value of $47,220.00. Following the completion of the transaction, the director now owns 75,410 shares of the company's stock, valued at approximately $2,373,906.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, Director Ofer Segev sold 1,500 shares of the stock in a transaction that occurred on Wednesday, July 6th. The stock was sold at an average price of $31.48, for a total transaction of $47,220.00. Following the completion of the sale, the director now directly owns 75,410 shares of the company's stock, valued at approximately $2,373,906.80. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Dov Gottlieb sold 8,907 shares of Varonis Systems stock in a transaction that occurred on Thursday, June 2nd. The shares were sold at an average price of $33.07, for a total transaction of $294,554.49. Following the completion of the transaction, the vice president now directly owns 161,722 shares in the company, valued at approximately $5,348,146.54. The disclosure for this sale can be found here. Company insiders own 1.90% of the company's stock.

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VRNS Stock News Headlines

Varonis Systems (NASDAQ:VRNS) PT Lowered to $32.00
Varonis Systems: Pioneer In Data Security Market
Why Varonis Systems Stock Jumped on Tuesday
Varonis Systems: Q2 Earnings Insights
See More Headlines
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VRNS Company Calendar

Last Earnings
10/31/2021
Today
8/13/2022
Next Earnings (Estimated)
11/07/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:VRNS
Employees
2,065
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$42.93
High Stock Price Forecast
$73.00
Low Stock Price Forecast
$32.00
Forecasted Upside/Downside
+39.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.79
Research Coverage
14 Analysts

Profitability

Net Income
$-116,860,000.00
Pretax Margin
-28.91%

Debt

Sales & Book Value

Annual Sales
$390.13 million
Book Value
$4.79 per share

Miscellaneous

Free Float
107,802,000
Market Cap
$3.39 billion
Optionable
Optionable
Beta
1.17














VRNS Stock - Frequently Asked Questions

Should I buy or sell Varonis Systems stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" VRNS shares.
View VRNS analyst ratings
or view top-rated stocks.

What is Varonis Systems' stock price forecast for 2022?

14 Wall Street research analysts have issued 1 year price objectives for Varonis Systems' shares. Their VRNS share price forecasts range from $32.00 to $73.00. On average, they anticipate the company's share price to reach $42.93 in the next year. This suggests a possible upside of 39.1% 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 2022?

Varonis Systems' stock was trading at $48.78 on January 1st, 2022. Since then, VRNS shares have decreased by 36.7% and is now trading at $30.87.
View the best growth stocks for 2022 here
.

When is Varonis Systems' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 7th 2022.
View our VRNS earnings forecast
.

How were Varonis Systems' earnings last quarter?

Varonis Systems, Inc. (NASDAQ:VRNS) issued its quarterly earnings data on Sunday, October, 31st. The technology company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.03. The technology company earned $100.40 million during the quarter, compared to the consensus estimate of $97.45 million. Varonis Systems had a negative net margin of 30.67% and a negative trailing twelve-month return on equity of 22.15%. The company's quarterly revenue was up 30.7% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.18) EPS.

When did Varonis Systems' stock split?

Varonis Systems shares 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 distributed to shareholders after the market closes 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 third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of $0.05-$0.06 for the period, compared to the consensus estimate of $0.06. The company issued revenue guidance of $123.00 million-$125.50 million, compared to the consensus revenue estimate of $124.32 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 institutional and retail investors. Top institutional shareholders include William Blair Investment Management LLC (4.77%), Clearbridge Investments LLC (3.16%), Pictet Asset Management SA (3.11%), Victory Capital Management Inc. (1.88%), Mirae Asset Global Investments Co. Ltd. (1.40%) and Credit Suisse AG (1.39%). 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, Rona Segev-Gal, 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 $30.87.

How much money does Varonis Systems make?

Varonis Systems (NASDAQ:VRNS) has a market capitalization of $3.39 billion and generates $390.13 million in revenue each year. The technology company earns $-116,860,000.00 in net income (profit) each year or ($1.23) on an earnings per share basis.

How many employees does Varonis Systems have?

The company employs 2,065 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 8/13/2022 by MarketBeat.com Staff

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