Varonis Systems Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 60/482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 52.31.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Varonis Systems Inc's Score
Industry at a Glance
Industry Ranking
60 / 482
Overall Ranking
122 / 4562
Industry
Software & IT Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
21
analysts
Buy
Current Rating
52.310
Target Price
+65.91%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Varonis Systems Inc Highlights
StrengthsRisks
Varonis Systems, Inc. is a data security company. The Company’s cloud-native data security platform discovers and classifies critical data, removes exposures, and detects advanced threats with artificial intelligence (AI)-powered automation. Varonis software enables enterprises of all sizes and industries to protect data stored in the cloud and on-premises, including sensitive files, emails and databases; confidential personal data belonging to customers, patients and employees; financial records; source code, strategic and product plans; and other intellectual property. Its SaaS product portfolio includes two product lines: its flagship Varonis Data Security Platform, which protects Microsoft 365, Windows file shares, Active Directory, Edge devices (VPN, DNS, proxy), UNIX/Linux and hybrid NAS storage, and DatAdvantage Cloud, which protects IaaS environments and SaaS applications, such as Salesforce, AWS, Azure, Google Cloud, Google Workspace, Databricks, ServiceNow, and others.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 16.32% year-on-year.
Fairly Valued
The company’s latest PE is -33.07, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 119.84M shares, decreasing 12.50% quarter-over-quarter.
Varonis Systems, Inc. is a data security company. The Company’s cloud-native data security platform discovers and classifies critical data, removes exposures, and detects advanced threats with artificial intelligence (AI)-powered automation. Varonis software enables enterprises of all sizes and industries to protect data stored in the cloud and on-premises, including sensitive files, emails and databases; confidential personal data belonging to customers, patients and employees; financial records; source code, strategic and product plans; and other intellectual property. Its SaaS product portfolio includes two product lines: its flagship Varonis Data Security Platform, which protects Microsoft 365, Windows file shares, Active Directory, Edge devices (VPN, DNS, proxy), UNIX/Linux and hybrid NAS storage, and DatAdvantage Cloud, which protects IaaS environments and SaaS applications, such as Salesforce, AWS, Azure, Google Cloud, Google Workspace, Databricks, ServiceNow, and others.
Ticker SymbolVRNS
CompanyVaronis Systems Inc
CEOFaitelson (Yakov)
Websitehttps://www.varonis.com/
FAQs
What is the current price of Varonis Systems Inc (VRNS)?
The current price of Varonis Systems Inc (VRNS) is 33.345.
What is the symbol of Varonis Systems Inc?
The ticker symbol of Varonis Systems Inc is VRNS.
What is the 52-week high of Varonis Systems Inc?
The 52-week high of Varonis Systems Inc is 63.900.
What is the 52-week low of Varonis Systems Inc?
The 52-week low of Varonis Systems Inc is 30.020.
What is the market capitalization of Varonis Systems Inc?
The market capitalization of Varonis Systems Inc is 3.93B.
What is the net income of Varonis Systems Inc?
The net income of Varonis Systems Inc is -95.77M.
Is Varonis Systems Inc (VRNS) currently rated as Buy, Hold, or Sell?
According to analysts, Varonis Systems Inc (VRNS) has an overall rating of Buy, with a price target of 52.310.
What is the Earnings Per Share (EPS TTM) of Varonis Systems Inc (VRNS)?
The Earnings Per Share (EPS TTM) of Varonis Systems Inc (VRNS) is -1.011.