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


OverviewRevenueOwnershipFinancialsChartTranscripts

VRNS Stock Forecast


Varonis Systems stock forecast is as follows: an average price target of $52.26 (represents a -2.93% downside from VRNS’s last price of $53.84) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.

VRNS Price Target


The average price target for Varonis Systems (VRNS) is $52.26 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $80.00 to $22.00. This represents a potential -2.93% downside from VRNS's last price of $53.84.

VRNS Analyst Ratings


Buy

According to 15 Wall Street analysts, Varonis Systems's rating consensus is 'Buy'. The analyst rating breakdown for VRNS stock is 0 'Strong Buy' (0.00%), 10 'Buy' (66.67%), 5 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Varonis Systems Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 30, 2024Shebly SeyrafiFBN Securities$60.00$55.597.93%11.44%
Jul 30, 2024Joel FishbeinTruist Financial$60.00$48.4923.74%11.44%
Jul 30, 2024Fatima BoolaniCitigroup$50.00$55.59-10.06%-7.13%
Jul 30, 2024Yasmeen RahimiPiper Sandler$48.00$55.59-13.65%-10.85%
Jul 30, 2024Shrenik KothariRobert W. Baird$60.00$48.4923.74%11.44%
Jul 30, 2024Matthew HedbergRBC Capital$65.00$48.4934.05%20.73%
Jul 26, 2024Shrenik KothariRobert W. Baird$52.00$46.9110.85%-3.42%
Jul 11, 2024Saket KaliaBarclays$55.00$46.3418.69%2.15%
May 07, 2024Shrenik KothariRobert W. Baird$50.00$44.5912.13%-7.13%
May 07, 2024Matthew HedbergRBC Capital$58.00$44.5930.07%7.73%
Row per page
Go to

The latest Varonis Systems stock forecast, released on Jul 30, 2024 by Shebly Seyrafi from FBN Securities, set a price target of $60.00, which represents a 7.93% increase from the stock price at the time of the forecast ($55.59), and a 11.44% increase from VRNS last price ($53.84).

Varonis Systems Price Target by Period


1M3M12M
# Anlaysts-812
Avg Price Target-$56.25$54.92
Last Closing Price$53.84$53.84$53.84
Upside/Downside-100.00%4.48%2.01%

In the current month, the average price target of Varonis Systems stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Varonis Systems's last price of $53.84. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 26, 2024Wells FargoBuyBuyHold
Aug 26, 2024WedbushUnderperformUnderperformHold
Jul 30, 2024FBN SecuritiesOutperformOutperformHold
Jul 30, 2024Wells FargoEqual-WeightEqual-WeightHold
Jul 30, 2024SusquehannaPositivePositiveHold
Jul 30, 2024CitigroupNeutralNeutralHold
Jul 30, 2024Piper SandlerNeutralNeutralHold
Jul 30, 2024RBC CapitalOutperformOutperformHold
Jul 30, 2024Cowen & Co.BuyBuyHold
Jul 11, 2024BarclaysOverweightOverweightHold
Row per page
Go to

Varonis Systems's last stock rating was published by Wells Fargo on Aug 26, 2024. The company gave VRNS a "Buy" rating, the same as its previous rate.

Varonis Systems Financial Forecast


Varonis Systems Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$206.28M$186.73M$173.13M$157.16M$184.54M$158.97M$146.85M$130.04M$163.04M$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$206.80M$187.21M$173.57M$157.56M$185.01M$159.37M$147.22M$130.37M$163.45M$141.87M$125.15M$113.94M$153.19M$126.85M$119.44M$107.19M$141.00M$124.66M$111.45M$96.15M$122.71M$97.63M$83.90M$69.03M$84.26M$70.08M$57.03M$54.16M$72.25M$61.53M
Low Forecast$205.04M$185.61M$172.09M$156.22M$183.43M$158.02M$145.97M$129.26M$162.06M$141.16M$124.08M$112.97M$147.93M$123.36M$118.42M$106.27M$139.80M$123.60M$110.70M$95.50M$121.88M$96.97M$83.34M$68.56M$83.69M$69.61M$56.64M$53.80M$71.76M$61.11M
# Analysts66121110987813648181591016810991399159988
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 $112.97M, and a high forecast of $113.94M. 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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110987813648181591016810991399159988
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$-47.97M$-43.43M$-40.26M$-36.55M$-42.92M$-36.97M$-34.15M$-30.24M$-37.92M$-32.94M$-29.03M$-58.48M$-35.31M$-29.12M$-27.71M$-53.16M$-32.71M$-19.05M$-25.86M$-48.33M$-28.47M$-22.65M$-19.47M$-46.76M$-19.55M$-16.26M$-13.23M$-27.01M$-16.77M$-14.28M
High Forecast$-47.68M$-43.17M$-40.02M$-36.33M$-42.66M$-36.75M$-33.95M$-30.06M$-37.69M$-32.83M$-28.86M$-46.78M$-34.40M$-28.69M$-27.54M$-42.53M$-32.51M$-15.24M$-25.74M$-38.66M$-28.34M$-22.55M$-19.38M$-37.41M$-19.46M$-16.19M$-13.17M$-21.61M$-16.69M$-14.21M
Low Forecast$-48.09M$-43.54M$-40.37M$-36.64M$-43.03M$-37.06M$-34.24M$-30.32M$-38.01M$-32.99M$-29.10M$-70.17M$-35.63M$-29.50M$-27.78M$-63.79M$-32.79M$-22.85M$-25.92M$-57.99M$-28.54M$-22.70M$-19.51M$-56.11M$-19.59M$-16.30M$-13.26M$-32.42M$-16.80M$-14.31M
Surprise %------------0.15%1.00%1.43%0.76%0.18%1.19%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110987813648181591016810991399159988
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$21.29M$14.46M$9.06M$-58.52K$19.88M$10.14M$5.95M$-2.73M$15.21M$8.27M$-2.32M$-64.90M$25.59M$3.96M$2.20M$-59.00M$19.03M$-28.21M$-1.15M$-53.64M$14.38M$2.14M$-3.52M$-49.37M$4.48M$-4.69M$-13.12M$-33.03M$-3.73M$-12.79M
High Forecast$21.36M$14.51M$9.09M$-58.06K$19.95M$10.17M$5.97M$-2.71M$15.26M$9.45M$-2.31M$-51.92M$25.68M$5.94M$2.20M$-47.20M$19.09M$-22.57M$-1.14M$-42.91M$14.42M$2.15M$-3.50M$-39.50M$4.49M$-4.66M$-13.04M$-26.42M$-3.71M$-12.71M
Low Forecast$21.13M$14.35M$8.99M$-58.71K$19.72M$10.06M$5.90M$-2.74M$15.09M$5.91M$-2.33M$-77.88M$24.48M$1.98M$2.18M$-70.80M$18.88M$-33.85M$-1.15M$-64.37M$14.29M$2.13M$-3.53M$-59.24M$4.45M$-4.70M$-13.15M$-39.63M$-3.74M$-12.82M
Surprise %------------0.21%2.18%3.85%0.65%-0.56%1.02%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110987813648181591016810991399159988
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$157.73M$142.78M$132.38M$120.17M$141.11M$121.56M$112.29M$99.43M$124.66M$108.29M$95.45M$110.43M$116.09M$95.73M$91.10M$100.39M$107.54M$84.97M$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$158.13M$143.15M$132.72M$120.48M$141.46M$121.86M$112.57M$99.69M$124.98M$108.48M$95.69M$132.51M$117.13M$96.99M$91.33M$120.47M$107.81M$101.97M$85.22M$109.52M$93.83M$74.65M$64.16M$52.78M$64.43M$53.59M$43.60M$41.42M$55.24M$47.05M
Low Forecast$156.78M$141.93M$131.59M$119.45M$140.26M$120.83M$111.61M$98.84M$123.92M$107.94M$94.88M$88.34M$113.11M$94.33M$90.55M$80.31M$106.89M$67.98M$84.64M$73.01M$93.19M$74.15M$63.72M$52.43M$63.99M$53.23M$43.31M$41.14M$54.87M$46.73M
Surprise %------------0.79%0.93%1.01%0.88%0.84%1.03%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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts66121110987813648181591016810991399159988
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$0.19$0.13$0.08$-0.00$0.18$0.09$0.05$-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$0.19$0.13$0.08$-0.00$0.18$0.09$0.05$-0.02$0.14$0.08$-0.02$-0.09$0.23$0.05$0.02$-0.05$0.17$0.06$-0.01$-0.10$0.13$0.02$-0.03$-0.13$0.04$-0.04$-0.12$-0.19$-0.03$-0.11
Low Forecast$0.19$0.13$0.08$-0.00$0.18$0.09$0.05$-0.02$0.13$0.05$-0.02$-0.09$0.22$0.02$0.02$-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
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 $0.23. This represents a 189.90% increase compared to VRNS previous annual EPS of $0.08 (Sep 23).

Varonis Systems Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
RPDRapid7$34.24$78.69129.82%Buy
OKTAOkta$74.21$120.6962.63%Hold
TENBTenable$39.96$60.1450.50%Buy
QLYSQualys$124.32$147.1418.36%Buy
CGNTCognyte Software$6.81$7.5010.13%Hold
CSGSCSG Systems$48.31$52.007.64%Buy
WIXWix$160.15$172.157.49%Buy
CCSIConsensus Cloud Solutions$23.66$25.005.66%Buy
SSentinelOne$24.93$26.124.77%Buy
RDWRRadware$21.96$23.004.74%Buy
NEWRNew Relic$86.99$86.38-0.70%Buy
VRNSVaronis Systems$53.84$52.26-2.93%Buy
CYBRCyberArk Software$272.92$242.54-11.13%Buy
EVTCEVERTEC$33.78$28.00-17.11%Sell
CHKPCheck Point Software$191.70$154.65-19.33%Buy

VRNS Forecast FAQ


Yes, according to 15 Wall Street analysts, Varonis Systems (VRNS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 66.67% of VRNS's total ratings.

Varonis Systems (VRNS) average price target is $52.26 with a range of $22 to $80, implying a -2.93% from its last price of $53.84. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for VRNS stock, the company can go down by -2.93% (from the last price of $53.84 to the average price target of $52.26), up by 48.59% based on the highest stock price target, and down by -59.14% based on the lowest stock price target.

VRNS's average twelve months analyst stock price target of $52.26 does not support the claim that Varonis Systems can reach $80 in the near future.

Varonis Systems's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $620.4M (high $621.97M, low $616.67M), average EBITDA is $-144M (high $-143M, low $-145M), average net income is $33.24M (high $33.38M, low $32.95M), average SG&A $474.38M (high $475.59M, low $471.53M), and average EPS is $0.297 (high $0.298, low $0.294). VRNS's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $723.3M (high $725.14M, low $718.96M), average EBITDA is $-168M (high $-167M, low $-169M), average net income is $44.75M (high $44.9M, low $44.4M), average SG&A $553.07M (high $554.47M, low $549.75M), and average EPS is $0.4 (high $0.401, low $0.397).

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 $-145M by -19.32%. The company's net income was $-101M, beating the average estimation of $-27.257M by 270.24%. 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 $-35.309M by -85.15%. Varonis Systems's net income was $5.43M, missing the average estimation of $25.59M by -78.77%. 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%