Varonis Systems (VRNS) Stock Forecast & Price Target

$43.13
-0.36 (-0.83%)
(As of 05/17/2024 ET)

Varonis Systems Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Moderate Buy
Based on 18 Analyst Ratings

Analysts' Consensus Price Target

$49.06
13.75% Upside
High Forecast$65.00
Average Forecast$49.06
Low Forecast$35.00
TypeCurrent Forecast
5/20/23 to 5/19/24
1 Month Ago
4/20/23 to 4/19/24
3 Months Ago
2/19/23 to 2/19/24
1 Year Ago
5/20/22 to 5/20/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
10 Buy rating(s)
9 Buy rating(s)
Hold
7 Hold rating(s)
6 Hold rating(s)
6 Hold rating(s)
11 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$49.06$48.81$48.40$30.95
Predicted Upside13.75% Upside12.24% Upside12.28% Upside18.49% Upside
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VRNS Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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VRNS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Varonis Systems Stock vs. The Competition

TypeVaronis SystemsComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.61
2.59
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside13.75% Upside184.77% Upside7.86% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/13/2024Needham & Company LLC
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 Reiterated RatingHold
5/7/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$56.00 ➝ $58.00+30.25%
5/7/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$48.00 ➝ $50.00+12.13%
3/13/2024Truist Financial
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 Reiterated RatingBuy ➝ Buy$50.00 ➝ $55.00+11.36%
2/6/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$49.00 ➝ $50.00+3.54%
2/6/2024Stephens
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 Reiterated RatingOverweight ➝ Overweight$55.00+13.85%
2/6/2024Wells Fargo & Company
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 Boost TargetEqual Weight ➝ Equal Weight$42.00 ➝ $45.00-8.94%
2/6/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$40.00 ➝ $45.00-10.43%
2/6/2024Wedbush
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D. Ives
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UpgradeNeutral ➝ Outperform$35.00 ➝ $65.00+42.73%
2/5/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$63.00+37.95%
1/18/2024DA Davidson
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R. Kessinger
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Reiterated RatingBuy ➝ Neutral$37.00 ➝ $45.00-0.79%
1/10/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$35.00 ➝ $45.00-0.49%
12/15/2023Susquehanna
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 Initiated CoveragePositive$55.00+24.13%
11/14/2023Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$42.00 ➝ $45.00+21.92%
10/31/2023William Blair
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 Reiterated RatingOutperform
10/13/2023Barclays
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 UpgradeEqual Weight ➝ Overweight$35.00 ➝ $37.00+23.17%
8/1/2023TD Cowen
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 Boost TargetOutperform ➝ Outperform$35.00 ➝ $37.00+19.82%
8/1/2023Craig Hallum
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 UpgradeHold ➝ Buy$35.00+21.95%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:14 AM ET.

VRNS Price Target - Frequently Asked Questions

What is Varonis Systems's consensus rating and price target?

According to the issued ratings of 18 analysts in the last year, the consensus rating for Varonis Systems stock is Moderate Buy based on the current 7 hold ratings and 11 buy ratings for VRNS. The average twelve-month price prediction for Varonis Systems is $49.06 with a high price target of $65.00 and a low price target of $35.00. Learn more on VRNS's analyst rating history.

Do Wall Street analysts like Varonis Systems more than its competitors?

Analysts like Varonis Systems more than other Computer and Technology companies. The consensus rating score for Varonis Systems is 2.61 while the average consensus rating score for computer and technology companies is 2.59. Learn more on how VRNS compares to other companies.

Does Varonis Systems's stock price have much upside?

According to analysts, Varonis Systems's stock has a predicted upside of 14.20% based on their 12-month stock forecasts.

What analysts cover Varonis Systems?

Varonis Systems has been rated by Needham & Company LLC, Robert W. Baird, Royal Bank of Canada, and Truist Financial in the past 90 days.


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This page (NASDAQ:VRNS) was last updated on 5/19/2024 by MarketBeat.com Staff

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