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Varonis Systems, Inc. Stock Price

NasdaqGS:VRNS Community·US$5.1b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 17 Fair Values set on narratives written by author

VRNS Share Price Performance

US$44.67
-9.56 (-17.63%)
US$45.55
Fair Value
US$44.67
-9.56 (-17.63%)
1.9% undervalued intrinsic discount
US$45.55
Fair Value
Price US$44.67
AnalystConsensusTarget US$45.55
AnalystHighTarget US$46.36
AnalystLowTarget US$28.00

VRNS Community Narratives

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Fair Value US$45.55 1.9% undervalued intrinsic discount

SaaS Transition And AI Advancements Will Drive Next Era Of Data Security

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Fair Value US$46.36 3.6% undervalued intrinsic discount

Cloud Data Security And AI Demand Will Drive Powerful Upside Potential

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·
Fair Value US$28 59.5% overvalued intrinsic discount

SaaS Shift And On Prem Churn Will Challenge Margins Yet Support A Stronger Long Term Profile

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Trending Discussion

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Updated Narratives

VRNS logo

VRNS: AI Data Security Tailwinds Will Confront Competition And Takeover Uncertainty

Fair Value: US$45.55 1.9% undervalued intrinsic discount
8 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
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VRNS: AI Data Security Tailwinds Will Likely Prove Insufficient Against Rising Risks

Fair Value: US$28 59.5% overvalued intrinsic discount
0 users have set this as their fair value
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VRNS: AI Security Demand And Sale Talks Will Drive Repricing

Fair Value: US$46.36 3.6% undervalued intrinsic discount
0 users have set this as their fair value
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Snowflake Analysis

Excellent balance sheet and slightly overvalued.

1 Risk
2 Rewards

Varonis Systems, Inc. Key Details

US$660.2m

Revenue

US$144.5m

Cost of Revenue

US$515.7m

Gross Profit

US$646.1m

Other Expenses

-US$130.4m

Earnings

Last Reported Earnings
Mar 31, 2026
Next Reporting Earnings
n/a
-1.14
78.11%
-19.75%
99.8%
View Full Analysis

About VRNS

Founded
2004
Employees
2658
CEO
Yakov Faitelson
WebsiteView website
www.varonis.com

Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of worlds. The company offers Varonis Data Security Platform, a Software-as-a-Service solution which includes Data security posture management, Data access intelligence, Data discovery & classification, Discovery policy library, least privilege automation, Data activity monitoring, Data detection and response, and User & entity behavior analytics. It also provides Protection Packages, such as Microsoft 365, Windows & NAS, Hybrid, and Cloud Environments, as well as Database and Email Security Capabilities and On-Premises Subscription Products. It serves the financial services, public, healthcare, industrial, insurance, energy and utilities, technology, construction and engineering, education, and consumer and retail industries. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in Miami, Florida.

Recent VRNS News & Updates

Narrative Update Jul 24

VRNS: AI Data Security Tailwinds Will Confront Competition And Takeover Uncertainty

Analysts have raised the Varonis Systems fair value estimate from $36.32 to $45.55, citing higher Street price targets tied to early-stage AI-driven demand for data security, improving SaaS annual recurring revenue momentum, and growing confidence in execution heading into upcoming quarters. Analyst Commentary Recent research on Varonis Systems points to a cluster of higher fair value views, with many price targets moving into the US$50 to US$60 range.
Seeking Alpha Jul 21

Varonis Systems: Not Worth The Wait Or The Money

Summary Varonis Systems (VRNS) is rated Sell due to an extreme 400x FWD P/E and lack of fundamental justification for such a valuation. Despite SaaS revenue growth and a larger $35.5B TAM, VRNS faces persistent gross margin contraction from cloud transition and rising hosting costs. Operating leverage is elusive: gross margins have declined for 7 quarters, and dilution from stock-based compensation is running at 4.54% annually. Even with optimistic non-GAAP EPS projections, GAAP profitability remains distant, making VRNS an unattractive investment versus fairly valued peers. Read the full article on Seeking Alpha

Recent updates

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