Varonis Systems - VRNS Stock Forecast, Price & News

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varonis Systems in the last twelve months. There are currently 2 sell ratings, 9 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.
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19 brokerages have issued 12-month price targets for Varonis Systems' shares. Their VRNS share price forecasts range from $20.00 to $63.00. On average, they anticipate the company's share price to reach $29.88 in the next twelve months. This suggests a possible upside of 16.5% from the stock's current price.
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Varonis Systems' stock was trading at $23.94 at the start of the year. Since then, VRNS stock has increased by 7.2% and is now trading at $25.66.
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Varonis Systems saw a decline in short interest in the month of January. As of January 15th, there was short interest totaling 4,290,000 shares, a decline of 14.9% from the December 31st total of 5,040,000 shares. Based on an average daily trading volume, of 1,570,000 shares, the short-interest ratio is currently 2.7 days.
View Varonis Systems' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our VRNS earnings forecast.

Varonis Systems will be holding an earnings conference call on Monday, February 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13735424".

Varonis Systems, Inc. (NASDAQ:VRNS) released its earnings results 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 had revenue of $100.40 million for the quarter, compared to analysts' expectations of $97.45 million. Varonis Systems had a negative trailing twelve-month return on equity of 24.11% and a negative net margin of 30.31%. The company's revenue for the quarter was up 30.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.18) EPS.

Shares of Varonis Systems split before market open on Monday, March 15th 2021. The 3-1 split was announced on Monday, February 8th 2021. The newly created shares were issued 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.

Varonis Systems issued an update on its fourth quarter 2022 earnings guidance on Monday, November, 7th. The company provided earnings per share guidance of $0.17-$0.18 for the period, compared to the consensus earnings per share estimate of $0.22. The company issued revenue guidance of $139.00 million-$142.00 million, compared to the consensus revenue estimate of $155.54 million.

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.

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).

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

Varonis Systems' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Stephens Investment Management Group LLC (0.99%), Assenagon Asset Management S.A. (0.93%), Kopion Asset Management LLC (0.39%), Peregrine Capital Management LLC (0.28%), Moody Aldrich Partners LLC (0.15%) and Silvant Capital Management LLC (0.12%). 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.
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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.
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One share of VRNS stock can currently be purchased for approximately $25.66.

Varonis Systems (NASDAQ:VRNS) has a market capitalization of $2.83 billion and generates $457.60 million in revenue each year. The technology company earns $-116,860,000.00 in net income (profit) each year or ($1.27) on an earnings per share basis.

The company employs 2,065 workers across the globe.

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.