NASDAQ:VRNS Varonis Systems (VRNS) Stock Forecast, Price & News $25.65 +0.63 (+2.52%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$25.01▼$26.0250-Day Range$22.44▼$26.8552-Week Range$15.61▼$35.38Volume551,367 shsAverage Volume1.09 million shsMarket Capitalization$2.81 billionP/E RatioN/ADividend YieldN/APrice Target$30.95 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Varonis Systems MarketRank™ ForecastAnalyst RatingHold2.38 Rating ScoreUpside/Downside20.7% Upside$30.95 Price TargetShort InterestBearish4.37% of Shares Sold ShortDividend StrengthN/ASustainability-0.89Upright™ Environmental ScoreNews Sentiment1.20Based on 4 Articles This WeekInsider TradingAcquiring Shares$8,810 Bought Last QuarterProj. Earnings GrowthN/ASee 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.2.17 out of 5 starsComputer And Technology Sector297th out of 623 stocksPrepackaged Software Industry84th out of 218 stocks 3.2 Analyst's Opinion Consensus RatingVaronis Systems has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 9 buy ratings, 11 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.95, Varonis Systems has a forecasted upside of 20.7% from its current price of $25.65.Amount of Analyst CoverageVaronis Systems has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.37% 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 4.6.Change versus previous monthShort interest in Varonis Systems has recently increased by 4.36%, indicating that investor sentiment is decreasing. 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 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreVaronis Systems has received a 66.98% 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 -0.89. Previous Next 2.3 News and Social Media Coverage News SentimentVaronis Systems has a news sentiment score of 1.20. 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 0.55 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Varonis Systems this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for VRNS on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Varonis Systems insiders have bought more of their company's stock than they have sold. Specifically, they have bought $8,810.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.40% 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 0.0 Earnings and Valuation Earnings GrowthEarnings for Varonis Systems are expected to remain at ($0.83) per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Varonis Systems is -24.66, 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 -24.66, 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 5.84. 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 HeadlinesMay 20, 2023 | americanbankingnews.comVaronis Systems (NASDAQ:VRNS) Research Coverage Started at DA DavidsonMay 19, 2023 | americanbankingnews.comVaronis Systems (NASDAQ:VRNS) Receives New Coverage from Analysts at StockNews.comMay 27, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 19, 2023 | americanbankingnews.comVaronis Systems' (VRNS) "Initiates" Rating Reaffirmed at 22nd Century GroupMay 18, 2023 | msn.comDA Davidson Initiates Coverage of Varonis Systems (VRNS) with Buy RecommendationMay 17, 2023 | americanbankingnews.comVaronis Systems, Inc. (NASDAQ:VRNS) Receives $31.29 Consensus Target Price from AnalystsMay 12, 2023 | finance.yahoo.comThere's Reason For Concern Over Varonis Systems, Inc.'s (NASDAQ:VRNS) PriceMay 7, 2023 | americanbankingnews.comResearch Analysts Issue Forecasts for Varonis Systems, Inc.'s Q3 2023 Earnings (NASDAQ:VRNS)May 27, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 7, 2023 | americanbankingnews.comVaronis Systems, Inc. Forecasted to Post Q2 2023 Earnings of ($0.27) Per Share (NASDAQ:VRNS)May 3, 2023 | msn.comJMP Securities Reiterates Varonis Systems (VRNS) Market Outperform RecommendationMay 3, 2023 | msn.comStephens & Co. Reiterates Varonis Systems (VRNS) Overweight RecommendationMay 2, 2023 | marketwatch.com8-K: VARONIS SYSTEMS INCMay 2, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Varonis Systems (VRNS), Solaris Oilfield Infrastructure (SOI) and Accolade (ACCD)May 1, 2023 | finance.yahoo.comVaronis Systems (VRNS) Reports Break-Even Earnings for Q1May 1, 2023 | finance.yahoo.comVaronis Systems (VRNS) Q1 2023 Earnings Call TranscriptMay 1, 2023 | finance.yahoo.comVaronis Announces First Quarter 2023 Financial ResultsMay 1, 2023 | seekingalpha.comVaronis Systems, Inc. 2023 Q1 - Results - Earnings Call PresentationApril 29, 2023 | americanbankingnews.comVaronis Systems (VRNS) Scheduled to Post Earnings on MondayApril 27, 2023 | americanbankingnews.comVaronis Systems (NASDAQ:VRNS) Shares Gap Down to $24.51April 25, 2023 | finance.yahoo.comBullish insiders at Varonis Systems, Inc. (NASDAQ:VRNS) loaded up on US$2.3m of stock earlier this yearApril 25, 2023 | finance.yahoo.comVaronis Launches Third-Party App Risk ManagementApril 24, 2023 | americanbankingnews.comStephens Begins Coverage on Varonis Systems (NASDAQ:VRNS)April 22, 2023 | thestreet.comVaronis Systems (VRNS) Explodes on First Day of TradingApril 22, 2023 | msn.comStephens & Co. Initiates Coverage of Varonis Systems (VRNS) with Overweight RecommendationApril 21, 2023 | msn.comVaronis rises as Stephens highlights 'strong competitive moat,' minimal competitionApril 20, 2023 | markets.businessinsider.comVaronis Systems (VRNS) Receives a New Rating from StephensSee 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 Earnings5/01/2023Today5/27/2023Next Earnings (Estimated)8/07/2023Fiscal 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$30.95 High Stock Price Forecast$63.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+20.7%Consensus RatingHold Rating Score (0-4)2.38 Research Coverage21 Analysts Profitability EPS (Most Recent Fiscal Year)($1.04) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-124,520,000.00 Net Margins-23.53% Pretax Margin-20.39% Return on Equity-21.70% Return on Assets-10.64% Debt Debt-to-Equity Ratio0.52 Current Ratio4.03 Quick Ratio4.03 Sales & Book Value Annual Sales$473.63 million Price / Sales5.94 Cash FlowN/A Price / Cash FlowN/A Book Value$4.39 per share Price / Book5.84Miscellaneous Outstanding Shares109,710,000Free Float107,080,000Market Cap$2.81 billion OptionableOptionable Beta0.89 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 CompetitorsAlteryxNYSE:AYXCommvault SystemsNASDAQ:CVLTAppianNASDAQ:APPNPagerDutyNYSE:PDSmead Value FundNASDAQ:SVFCXView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 3,406 shares on 5/26/2023Ownership: 0.013%Ameriprise Financial Inc.Sold 4,657 shares on 5/22/2023Ownership: 0.067%Avrohom J KessBought 350 shares on 5/22/2023Total: $8,809.50 ($25.17/share)New York State Common Retirement FundSold 22,890 shares on 5/18/2023Ownership: 0.052%Rockefeller Capital Management L.P.Sold 514 shares on 5/17/2023Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions VRNS Stock - Frequently Asked Questions Should I buy or sell Varonis Systems stock right now? 21 Wall Street equities research 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 9 buy ratings for the stock. The consensus among Wall Street equities research 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? 21 brokerages have issued 12-month price objectives for Varonis Systems' stock. Their VRNS share price forecasts range from $20.00 to $63.00. On average, they anticipate the company's stock price to reach $30.95 in the next year. This suggests a possible upside of 20.7% 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 beginning of the year. Since then, VRNS shares have increased by 7.1% and is now trading at $25.65. 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, August 7th 2023. View our VRNS earnings forecast. How were Varonis Systems' earnings last quarter? Varonis Systems, Inc. (NASDAQ:VRNS) issued its quarterly earnings data on Monday, May, 1st. The technology company reported ($0.33) earnings per share for the quarter, meeting the consensus estimate of ($0.33). The technology company had revenue of $107.34 million for the quarter, compared to analysts' expectations of $107.26 million. Varonis Systems had a negative trailing twelve-month return on equity of 21.70% and a negative net margin of 23.53%. 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), BlueStar Israel Technology ETF (ITEQ), SPDR Kensho Future Security ETF (FITE), First Trust Nasdaq Cybersecurity ETF (CIBR), ROBO Global Artificial Intelligence ETF (THNQ) and VanEck Israel ETF (ISRA). When did Varonis Systems' stock split? Varonis Systems shares split before market open on Monday, March 15th 2021. The 3-1 split was announced on Monday, February 8th 2021. The newly minted shares were payable 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 issued an update on its FY23 earnings guidance on Monday, May, 1st. The company provided earnings per share (EPS) guidance of $0.30-$0.34 for the period, compared to the consensus EPS estimate of $0.34. The company issued revenue guidance of $510-$520 million, compared to the consensus revenue estimate of $524.99 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 many different institutional and retail investors. Top institutional shareholders include William Blair Investment Management LLC (4.31%), First Trust Advisors LP (3.40%), Clearbridge Investments LLC (3.27%), Macquarie Group Ltd. (2.26%), State Street Corp (2.19%) and Geode Capital Management LLC (1.92%). 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 $25.65. How much money does Varonis Systems make? Varonis Systems (NASDAQ:VRNS) has a market capitalization of $2.81 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 ($1.04) 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 5/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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