Varonis Systems (VRNS) Stock Forecast, Price Target & Predictions

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VRNS Stock Forecast

Varonis Systems stock forecast is as follows: an average price target of $53.35 (represents a 7.69% upside from VRNS’s last price of $49.54) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.

VRNS Price Target

The average price target for Varonis Systems (VRNS) is $53.35 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $80.00 to $22.00. This represents a potential 7.69% upside from VRNS's last price of $49.54.

VRNS Analyst Ratings

Buy

According to 16 Wall Street analysts, Varonis Systems's rating consensus is 'Buy'. The analyst rating breakdown for VRNS stock is 0 'Strong Buy' (0.00%), 12 'Buy' (75.00%), 4 'Hold' (25.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Varonis Systems Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 30, 2024	Rob Owens	Piper Sandler	$55.00	$58.78	-6.43%	11.02%
Oct 30, 2024	Rudy Kessinger	D.A. Davidson	$50.00	$58.78	-14.94%	0.93%
Oct 23, 2024	Fatima Boolani	UBS	$70.00	$58.35	19.97%	41.30%
Oct 23, 2024	Shrenik Kothari	Robert W. Baird	$62.00	$58.35	6.26%	25.15%
Jul 30, 2024	Shebly Seyrafi	FBN Securities	$60.00	$55.59	7.93%	21.11%
Jul 30, 2024	Joel Fishbein	Truist Financial	$60.00	$48.49	23.74%	21.11%
Jul 30, 2024	Fatima Boolani	Citigroup	$50.00	$55.59	-10.06%	0.93%
Jul 30, 2024	Yasmeen Rahimi	Piper Sandler	$48.00	$55.59	-13.65%	-3.11%
Jul 30, 2024	Shrenik Kothari	Robert W. Baird	$60.00	$48.49	23.74%	21.11%
Jul 30, 2024	Matthew Hedberg	RBC Capital	$65.00	$48.49	34.05%	31.21%

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The latest Varonis Systems stock forecast, released on Oct 30, 2024 by Rob Owens from Piper Sandler, set a price target of $55.00, which represents a -6.43% decrease from the stock price at the time of the forecast ($58.78), and a 11.02% increase from VRNS last price ($49.54).

Varonis Systems Price Target by Period

	1M	3M	12M
# Anlaysts	4	4	16
Avg Price Target	$59.25	$59.25	$56.00
Last Closing Price	$49.54	$49.54	$49.54
Upside/Downside	19.60%	19.60%	13.04%

In the current month, the average price target of Varonis Systems stock is $59.25, according to 4 Wall Street analysts offering twelve months forecast. The average price target represents a 19.60% increase as opposed to Varonis Systems's last price of $49.54. This month's average price target is down 0.00% compared to last quarter, and up 5.80% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 30, 2024	Piper Sandler	Overweight	Overweight	Hold
Oct 30, 2024	Piper Sandler	Neutral	Neutral	Hold
Oct 30, 2024	Cowen & Co.	Buy	Buy	Hold
Oct 23, 2024	UBS	Buy	Buy	Hold
Oct 07, 2024	Wedbush	Underperform	Underperform	Hold
Oct 07, 2024	Wells Fargo	Buy	Buy	Hold
Aug 26, 2024	Wells Fargo	Buy	Buy	Hold
Aug 26, 2024	Wedbush	Underperform	Underperform	Hold
Jul 30, 2024	FBN Securities	Outperform	Outperform	Hold
Jul 30, 2024	Wells Fargo	Equal-Weight	Equal-Weight	Hold

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Varonis Systems's last stock rating was published by Piper Sandler on Oct 30, 2024. The company gave VRNS a "Overweight" rating, the same as its previous rate.

Varonis Systems Financial Forecast

Varonis Systems Revenue Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$154.10M	$122.31M	$115.42M	$107.33M	$142.62M	$123.31M	$111.45M	$96.26M	$126.58M	$100.35M	$88.42M	$74.78M	$95.20M	$76.75M	$66.56M	$54.18M	$72.56M	$65.65M
Avg Forecast	$210.74M	$186.51M	$167.97M	$151.33M	$185.71M	$163.61M	$147.45M	$129.95M	$165.14M	$141.62M	$124.83M	$113.65M	$151.83M	$125.20M	$119.14M	$106.92M	$140.64M	$124.35M	$111.21M	$95.93M	$122.44M	$97.41M	$83.72M	$68.88M	$84.07M	$69.93M	$56.90M	$54.04M	$72.09M	$61.39M
High Forecast	$219.97M	$194.68M	$175.33M	$157.95M	$193.84M	$170.77M	$153.91M	$135.30M	$166.93M	$141.62M	$124.83M	$113.66M	$153.19M	$126.85M	$124.35M	$111.60M	$146.80M	$124.35M	$111.21M	$95.93M	$122.44M	$97.41M	$83.72M	$68.88M	$84.07M	$69.93M	$56.90M	$54.04M	$72.09M	$61.39M
Low Forecast	$203.44M	$180.05M	$162.15M	$146.08M	$179.28M	$157.93M	$142.34M	$121.96M	$164.51M	$141.62M	$124.83M	$113.64M	$147.93M	$123.36M	$115.01M	$103.21M	$135.76M	$124.35M	$111.21M	$95.93M	$122.44M	$97.41M	$83.72M	$68.88M	$84.07M	$69.93M	$56.90M	$54.04M	$72.09M	$61.39M
# Analysts	9	9	9	9	8	8	8	10	13	7	5	4	8	18	15	9	10	16	8	10	9	9	13	9	9	15	9	9	8	8
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	0.98%	0.97%	1.00%	1.01%	0.99%	1.00%	1.00%	1.03%	1.03%	1.06%	1.09%	1.13%	1.10%	1.17%	1.00%	1.01%	1.07%

Varonis Systems's average Quarter revenue forecast for Mar 24 based on 4 analysts is $113.65M, with a low forecast of $113.64M, and a high forecast of $113.66M. VRNS's average Quarter revenue forecast represents a -26.25% decrease compared to the company's last Quarter revenue of $154.10M (Dec 23).

Varonis Systems EBITDA Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	8	8	8	10	13	7	5	4	8	18	15	9	10	16	8	10	9	9	13	9	9	15	9	9	8	8
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-5.24M	$-29.15M	$-39.72M	$-40.23M	$-5.94M	$-22.63M	$-37.57M	$-45.41M	$-17.32M	$-15.74M	$-25.12M	$-33.77M	$-13.21M	$-11.11M	$-20.64M	$-25.71M	$-7.45M	$-10.78M
Avg Forecast	$-45.40M	$-40.18M	$-36.19M	$-32.60M	$-40.01M	$-35.25M	$-31.77M	$-28.00M	$-35.58M	$-30.51M	$-26.89M	$-58.48M	$-32.71M	$-26.97M	$-25.67M	$-53.16M	$-15.30M	$-28.92M	$-25.86M	$-48.33M	$-28.47M	$-22.65M	$-19.47M	$-46.76M	$-19.55M	$-16.26M	$-13.23M	$-27.01M	$-16.77M	$-14.28M
High Forecast	$-43.83M	$-38.79M	$-34.93M	$-31.47M	$-38.62M	$-34.03M	$-30.67M	$-26.28M	$-35.44M	$-30.51M	$-26.89M	$-46.78M	$-31.87M	$-26.58M	$-24.78M	$-42.53M	$-12.24M	$-28.92M	$-25.86M	$-38.66M	$-28.47M	$-22.65M	$-19.47M	$-37.41M	$-19.55M	$-16.26M	$-13.23M	$-21.61M	$-16.77M	$-14.28M
Low Forecast	$-47.39M	$-41.94M	$-37.77M	$-34.03M	$-41.76M	$-36.79M	$-33.16M	$-29.15M	$-35.96M	$-30.51M	$-26.89M	$-70.17M	$-33.00M	$-27.33M	$-26.79M	$-63.79M	$-18.36M	$-28.92M	$-25.86M	$-57.99M	$-28.47M	$-22.65M	$-19.47M	$-56.11M	$-19.55M	$-16.26M	$-13.23M	$-32.42M	$-16.77M	$-14.28M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.16%	1.08%	1.55%	0.76%	0.39%	0.78%	1.45%	0.94%	0.61%	0.69%	1.29%	0.72%	0.68%	0.68%	1.56%	0.95%	0.44%	0.76%

undefined analysts predict VRNS's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Varonis Systems's previous annual EBITDA (undefined) of $NaN.

Varonis Systems Net Income Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	8	8	8	10	13	7	5	4	8	18	15	9	10	16	8	10	9	9	13	9	9	15	9	9	8	8
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$5.43M	$8.63M	$8.46M	$-38.30M	$-10.75M	$-28.72M	$-36.29M	$-48.76M	$-24.94M	$-23.31M	$-32.95M	$-35.66M	$-19.03M	$-19.23M	$-24.32M	$-31.43M	$-14.65M	$-16.99M
Avg Forecast	$26.07M	$14.62M	$8.64M	$1.34M	$19.91M	$11.03M	$5.57M	$-2.78M	$15.37M	$8.28M	$-2.33M	$-64.90M	$25.68M	$3.97M	$2.20M	$-59.00M	$-22.03M	$6.51M	$-1.15M	$-53.64M	$14.38M	$2.14M	$-3.52M	$-49.37M	$4.48M	$-4.69M	$-13.12M	$-33.03M	$-3.73M	$-12.79M
High Forecast	$27.55M	$15.46M	$9.14M	$1.41M	$21.05M	$11.66M	$5.89M	$4.17M	$16.56M	$8.29M	$-2.23M	$-51.92M	$27.14M	$5.96M	$2.33M	$-47.20M	$-17.62M	$6.51M	$-1.15M	$-42.91M	$14.38M	$2.14M	$-3.52M	$-39.50M	$4.48M	$-4.69M	$-13.12M	$-26.42M	$-3.73M	$-12.79M
Low Forecast	$24.90M	$13.97M	$8.26M	$1.28M	$19.02M	$10.54M	$5.32M	$-9.73M	$11.83M	$8.26M	$-2.46M	$-77.88M	$24.56M	$1.99M	$2.10M	$-70.80M	$-26.43M	$6.51M	$-1.15M	$-64.37M	$14.38M	$2.14M	$-3.52M	$-59.24M	$4.48M	$-4.69M	$-13.12M	$-39.63M	$-3.73M	$-12.79M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.21%	2.17%	3.84%	0.65%	0.49%	-4.41%	31.62%	0.91%	-1.74%	-10.89%	9.35%	0.72%	-4.25%	4.10%	1.85%	0.95%	3.93%	1.33%

Varonis Systems's average Quarter net income forecast for Mar 24 is $-64.90M, with a range of $-77.88M to $-51.92M. VRNS's average Quarter net income forecast represents a -1294.62% decrease compared to the company's last Quarter net income of $5.43M (Dec 23).

Varonis Systems SG&A Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	8	8	8	10	13	7	5	4	8	18	15	9	10	16	8	10	9	9	13	9	9	15	9	9	8	8
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$91.85M	$89.26M	$91.60M	$88.08M	$90.56M	$87.21M	$86.40M	$82.97M	$86.89M	$70.23M	$69.11M	$65.32M	$62.00M	$57.25M	$54.26M	$53.98M	$55.04M	$52.46M
Avg Forecast	$161.14M	$142.62M	$128.44M	$115.71M	$142.00M	$125.10M	$112.75M	$99.37M	$126.27M	$108.29M	$95.45M	$110.43M	$116.09M	$95.73M	$91.10M	$100.39M	$76.73M	$95.08M	$85.03M	$91.26M	$93.62M	$74.49M	$64.01M	$52.67M	$64.28M	$53.47M	$43.51M	$41.32M	$55.12M	$46.94M
High Forecast	$168.20M	$148.86M	$134.06M	$120.78M	$148.22M	$130.58M	$117.68M	$103.46M	$127.64M	$108.29M	$95.45M	$132.51M	$117.13M	$96.99M	$95.09M	$120.47M	$92.08M	$95.08M	$85.03M	$109.52M	$93.62M	$74.49M	$64.01M	$52.67M	$64.28M	$53.47M	$43.51M	$41.32M	$55.12M	$46.94M
Low Forecast	$155.56M	$137.67M	$123.99M	$111.70M	$137.08M	$120.76M	$108.84M	$93.26M	$125.79M	$108.29M	$95.45M	$88.34M	$113.11M	$94.33M	$87.94M	$80.31M	$61.39M	$95.08M	$85.03M	$73.01M	$93.62M	$74.49M	$64.01M	$52.67M	$64.28M	$53.47M	$43.51M	$41.32M	$55.12M	$46.94M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.79%	0.93%	1.01%	0.88%	1.18%	0.92%	1.02%	0.91%	0.93%	0.94%	1.08%	1.24%	0.96%	1.07%	1.25%	1.31%	1.00%	1.12%

Varonis Systems's average Quarter SG&A projection for Mar 24 is $110.43M, based on 4 Wall Street analysts, with a range of $88.34M to $132.51M. The forecast indicates a 20.23% rise compared to VRNS last annual SG&A of $91.85M (Dec 23).

Varonis Systems EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	9	9	9	9	8	8	8	10	13	7	5	4	8	18	15	9	10	16	8	10	9	9	13	9	9	15	9	9	8	8
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.08	-	$-0.35	$-0.10	$-0.26	$-0.33	$-0.45	$-0.23	$-0.22	$-0.31	$-0.36	$-0.20	$-0.20	$-0.26	$-0.34	$-0.16	$-0.19
Avg Forecast	$0.23	$0.13	$0.08	$0.01	$0.18	$0.10	$0.05	$-0.02	$0.14	$0.07	$-0.02	$-0.09	$0.23	$0.04	$0.02	$-0.05	$0.17	$0.06	$-0.01	$-0.10	$0.13	$0.02	$-0.03	$-0.13	$0.04	$-0.04	$-0.12	$-0.20	$-0.03	$-0.11
High Forecast	$0.25	$0.14	$0.08	$0.01	$0.19	$0.10	$0.05	$0.04	$0.15	$0.07	$-0.02	$-0.09	$0.24	$0.05	$0.02	$-0.04	$0.18	$0.06	$-0.01	$-0.10	$0.13	$0.02	$-0.03	$-0.13	$0.04	$-0.04	$-0.12	$-0.20	$-0.03	$-0.11
Low Forecast	$0.22	$0.12	$0.07	$0.01	$0.17	$0.09	$0.05	$-0.09	$0.11	$0.07	$-0.02	$-0.10	$0.22	$0.02	$0.02	$-0.05	$0.16	$0.06	$-0.01	$-0.10	$0.13	$0.02	$-0.03	$-0.13	$0.04	$-0.04	$-0.12	$-0.20	$-0.03	$-0.11
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	2.23%	0.01%	7.61%	-0.58%	-4.47%	32.17%	4.44%	-1.79%	-11.50%	9.84%	2.81%	-5.00%	4.85%	2.19%	1.73%	4.80%	1.63%

According to 8 Wall Street analysts, Varonis Systems's projected average Quarter EPS for Dec 23 is $0.23, with a low estimate of $0.22 and a high estimate of $0.24. This represents a 189.90% increase compared to VRNS previous annual EPS of $0.08 (Sep 23).

Varonis Systems Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
RPD	Rapid7	$39.02	$69.07	77.01%	Buy
OKTA	Okta	$74.51	$116.97	56.99%	Hold
TENB	Tenable	$40.79	$58.25	42.80%	Buy
VRNS	Varonis Systems	$49.54	$53.35	7.69%	Buy
CGNT	Cognyte Software	$6.98	$7.50	7.45%	Hold
CCSI	Consensus Cloud Solutions	$23.39	$25.00	6.88%	Buy
QLYS	Qualys	$141.45	$147.00	3.92%	Buy
RDWR	Radware	$22.98	$23.00	0.09%	Buy
NEWR	New Relic	$86.99	$86.38	-0.70%	Buy
S	SentinelOne	$27.62	$26.64	-3.55%	Buy
CSGS	CSG Systems	$54.22	$52.00	-4.09%	Buy
WIX	Wix	$183.95	$173.38	-5.75%	Buy
CHKP	Check Point Software	$174.56	$160.08	-8.30%	Buy
CYBR	CyberArk Software	$315.00	$262.56	-16.65%	Buy
EVTC	EVERTEC	$35.66	$28.00	-21.48%	Sell

VRNS Forecast FAQ

Is Varonis Systems a good buy?

Yes, according to 16 Wall Street analysts, Varonis Systems (VRNS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 75.00% of VRNS's total ratings.

What is VRNS's price target?

Varonis Systems (VRNS) average price target is $53.35 with a range of $22 to $80, implying a 7.69% from its last price of $49.54. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Varonis Systems stock go up soon?

According to Wall Street analysts' prediction for VRNS stock, the company can go up by 7.69% (from the last price of $49.54 to the average price target of $53.35), up by 61.49% based on the highest stock price target, and down by -55.59% based on the lowest stock price target.

Can Varonis Systems stock reach $70?

VRNS's highest twelve months analyst stock price target of $80 supports the claim that Varonis Systems can reach $70 in the near future.

What is Varonis Systems's current price target trend?

4 Wall Street analysts forecast a $59.25 price target for Varonis Systems (VRNS) this month, up 19.60% from its last price of $49.54. Compared to the last 3 and 12 months, the average price target increased by 19.60% and increased by 13.04%, respectively.

What are Varonis Systems's analysts' financial forecasts?

Varonis Systems's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $626.73M (high $653.82M, low $601.52M), average EBITDA is $-135M (high $-130M, low $-141M), average net income is $33.74M (high $42.76M, low $25.14M), average SG&A $479.22M (high $499.94M, low $459.94M), and average EPS is $0.301 (high $0.381, low $0.224). VRNS's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $716.56M (high $747.92M, low $691.72M), average EBITDA is $-154M (high $-149M, low $-161M), average net income is $50.68M (high $53.56M, low $48.39M), average SG&A $547.91M (high $571.89M, low $528.92M), and average EPS is $0.451 (high $0.477, low $0.431).

Did the VRNS's actual financial results beat the analysts' financial forecasts?

Based on Varonis Systems's last annual report (Dec 2023), the company's revenue was $499.16M, which missed the average analysts forecast of $503.08M by -0.78%. Apple's EBITDA was $-117M, missing the average prediction of $-139M by -15.37%. The company's net income was $-101M, beating the average estimation of $-27.148M by 271.72%. Apple's SG&A was $360.79M, missing the average forecast of $403.31M by -10.54%. Lastly, the company's EPS was $-0.0009, missing the average prediction of $0.238 by -100.38%. In terms of the last quarterly report (Dec 2023), Varonis Systems's revenue was $154.1M, beating the average analysts' forecast of $151.83M by 1.50%. The company's EBITDA was $-5.244M, missing the average prediction of $-32.71M by -83.97%. Varonis Systems's net income was $5.43M, missing the average estimation of $25.68M by -78.84%. The company's SG&A was $91.85M, missing the average forecast of $116.09M by -20.88%. Lastly, the company's EPS was $0, missing the average prediction of $0.229 by -100.00%