Varonis SystemsVRNS
VRNS
About: Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
Employees: 2,233
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
219% more call options, than puts
Call options by funds: $109M | Put options by funds: $34.2M
45% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 38
14% more capital invested
Capital invested by funds: $5.53B [Q2] → $6.31B (+$782M) [Q3]
4% more funds holding
Funds holding: 317 [Q2] → 331 (+14) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 10 [Q2] → 10 (+0) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 118
3.78% less ownership
Funds ownership: 103.36% [Q2] → 99.59% (-3.78%) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$46
1%
upside
Avg. target
$58
28%
upside
High target
$70
54%
upside
10 analyst ratings
6 positive
60%
4 neutral
40%
0 negative
0%
Citigroup Fatima Boolani 63% 1-year accuracy 19 / 30 met price target | 1%upside $46 | Neutral Maintained | 17 Jan 2025 |
Cantor Fitzgerald Jonathan Ruykhaver 60% 1-year accuracy 6 / 10 met price target | 32%upside $60 | Overweight Initiated | 9 Jan 2025 |
Piper Sandler Rob Owens 63% 1-year accuracy 17 / 27 met price target | 10%upside $50 | Neutral Maintained | 6 Jan 2025 |
Needham Matt Dezort 50% 1-year accuracy 2 / 4 met price target | 47%upside $67 | Buy Reiterated | 6 Jan 2025 |
Jefferies Joseph Gallo 54% 1-year accuracy 7 / 13 met price target | 10%upside $50 | Hold Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 5 articles about VRNS published over the past 30 days
Neutral
GlobeNewsWire
11 hours ago
Varonis Named a Leader for Second Consecutive Year in GigaOm's Radar Report for Data Security Platforms
NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced it was named a Leader and Outperformer in the GigaOm Radar Report for Data Security Platforms. Varonis was classified as a Leader and Outperformer in the Maturity/Platform Play quadrant “given its continued leadership in the space,” according to the report.
Neutral
GlobeNewsWire
1 week ago
Varonis Announces Date of Fourth Quarter 2024 Financial Results
NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced that it will report its fourth quarter 2024 financial results following the close of the U.S. financial markets Tuesday, February 4, 2025.
Positive
Zacks Investment Research
2 weeks ago
Here's Why Varonis (VRNS) Is a Great 'Buy the Bottom' Stock Now
Varonis (VRNS) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Positive
Zacks Investment Research
3 weeks ago
Varonis (VRNS) Upgraded to Buy: What Does It Mean for the Stock?
Varonis (VRNS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
4 weeks ago
2 Stocks to Bet on From a Flourishing Security Industry
The Zacks Security industry participants, QLYS and VRNS, gain from an increase in data breaches, prompting companies to seek comprehensive IT security solutions.
Positive
Seeking Alpha
1 month ago
Varonis Systems: Price Drop Is An Attractive Entry Point As Fundamentals Remain Strong
I reiterate a buy rating for Varonis Systems (VRNS) as the recent share price dip to $48 presents an attractive entry point for investors. VRNS fundamentals remain strong with accelerating revenue growth, improving EBITDA margins, and successful SaaS transition, despite slight weakness in the Federal sector. The new MDDR product drives SaaS adoption and growth, offering strong protection against ransomware, and is a key catalyst for future expansion.
Neutral
GlobeNewsWire
1 month ago
Varonis Broadens Data Security Coverage to ServiceNow
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), today announced it extended its data security coverage to ServiceNow. The integration expands Varonis' coverage to continuously discover and classify critical data and resolve issues related to data risk and overexposure within ServiceNow.
Neutral
GlobeNewsWire
1 month ago
Varonis Expands Data Security Coverage to Databricks
NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), today announced it expanded its data security coverage to Databricks. The latest integration broadens Varonis' extensive coverage to continuously discover and classify critical data, remove exposures, and detect threats to the Databricks Data Intelligence Platform.
Positive
Zacks Investment Research
1 month ago
Buy 5 Big Data Providers to Enhance Your Portfolio Returns in 2025
Five big data stocks have strong revenue and earnings growth potential for 2025. These are: DDOG, VRNS, PLTR, PRO, HUBS.
Positive
Zacks Investment Research
1 month ago
What Makes Varonis (VRNS) a New Buy Stock
Varonis (VRNS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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