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 $58.56 (represents a 29.27% upside from VRNS’s last price of $45.30) 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 $58.56 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $70.00 to $50.00. This represents a potential 29.27% upside from VRNS's last price of $45.30.

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Rob OwensPiper Sandler$55.00$58.78-6.43%21.41%
Oct 30, 2024Rudy KessingerD.A. Davidson$50.00$58.78-14.94%10.38%
Oct 23, 2024Fatima BoolaniUBS$70.00$58.3519.97%54.53%
Oct 23, 2024Shrenik KothariRobert W. Baird$62.00$58.356.26%36.87%
Jul 30, 2024Shebly SeyrafiFBN Securities$60.00$55.597.93%32.45%
Jul 30, 2024Joel FishbeinTruist Financial$60.00$48.4923.74%32.45%
Jul 30, 2024Fatima BoolaniCitigroup$50.00$55.59-10.06%10.38%
Jul 30, 2024Yasmeen RahimiPiper Sandler$48.00$55.59-13.65%5.96%
Jul 30, 2024Shrenik KothariRobert W. Baird$60.00$48.4923.74%32.45%
Jul 30, 2024Matthew HedbergRBC Capital$65.00$48.4934.05%43.49%
Jul 26, 2024Shrenik KothariRobert W. Baird$52.00$46.9110.85%14.79%
Jul 11, 2024Saket KaliaBarclays$55.00$46.3418.69%21.41%
May 07, 2024Shrenik KothariRobert W. Baird$50.00$44.5912.13%10.38%
May 07, 2024Matthew HedbergRBC Capital$58.00$44.5930.07%28.04%
Apr 16, 2024Yasmeen RahimiPiper Sandler$36.00$44.13-18.42%-20.53%
Feb 06, 2024Daniel IvesWedbush$65.00$48.6033.74%43.49%
Feb 08, 2023Citigroup$27.00$28.52-5.33%-40.40%
Feb 07, 2023Erik SuppigerJMP Securities$63.00$27.74127.11%39.07%
Feb 07, 2023Morgan Stanley$24.00$27.71-13.39%-47.02%
Feb 07, 2023Wells Fargo$26.00$26.23-0.88%-42.60%
Feb 07, 2023Piper Sandler$25.00$26.23-4.69%-44.81%
Jan 11, 2023Barclays$26.00$24.645.52%-42.60%
Jan 05, 2023Jefferies$26.00$23.1612.26%-42.60%
Jan 05, 2023Piper Sandler$23.00$24.45-5.93%-49.23%
Nov 01, 2022Alex HendersonNeedham$26.00$17.4948.66%-42.60%
Nov 01, 2022Rob OwensPiper Sandler$20.00$17.4914.35%-55.85%
Nov 01, 2022Chad BennettCraig-Hallum$22.00$17.4925.79%-51.43%
Nov 01, 2022Andrew NowinskiWells Fargo$24.00$17.4937.22%-47.02%
Nov 01, 2022Saket KaliaBarclays$22.00$17.4925.79%-51.43%
Nov 01, 2022Chad BennettCraig-Hallum$22.00$17.2727.39%-51.43%
Nov 01, 2022Matthew HedbergRBC Capital$29.00$17.2767.92%-35.98%
Nov 01, 2022Joseph GalloJefferies$30.00$17.2773.71%-33.77%
Nov 01, 2022Hamza FodderwalaMorgan Stanley$22.00$17.2727.39%-51.43%
Nov 01, 2022Daniel IvesWedbush$20.00$17.2715.81%-55.85%
Aug 19, 2022Alex HendersonNeedham$35.00$29.2419.70%-22.74%
Aug 02, 2022Wells Fargo$35.00$25.3937.85%-22.74%
Aug 02, 2022Piper Sandler$37.00$25.3945.73%-18.32%
Jul 18, 2022Wells Fargo$40.00$27.9543.09%-11.70%
May 03, 2022Wedbush$52.00$36.5142.43%14.79%
May 03, 2022Morgan Stanley$50.00$36.1738.22%10.38%
May 03, 2022Barclays$46.00$43.675.34%1.55%
May 02, 2022Andrew NowinskiWells Fargo$60.00$43.6737.39%32.45%
Apr 25, 2022Wells Fargo$46.00$46.95-2.02%1.55%
Feb 08, 2022Roger BoydUBS$55.00$39.2840.02%21.41%
Feb 07, 2022Matthew HedbergRBC Capital$55.00$37.9644.89%21.41%
Jan 24, 2022Fatima BoolaniCitigroup$47.00$36.6528.24%3.75%
Jan 20, 2022Drew SmithBerenberg Bank$65.00$37.6272.78%43.49%
Jan 06, 2022Rob OwensPiper Sandler$60.00$44.6834.29%32.45%
Aug 06, 2021Alex ZukinWolfe Research$80.00$58.1937.48%76.60%
May 24, 2021Mark SchappelLoop Capital Markets$68.00$47.4243.40%50.11%
May 04, 2021Srini NandurySummit Redstone Partners$75.00$50.6148.19%65.56%
Apr 22, 2021Hamza FodderwalaMorgan Stanley$65.00$54.2719.77%43.49%

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 21.41% increase from VRNS last price ($45.30).

Varonis Systems Price Target by Period


1M3M12M
# Anlaysts-416
Avg Price Target-$59.25$56.00
Last Closing Price$45.30$45.30$45.30
Upside/Downside-100.00%30.79%23.62%

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 $45.30. 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
Oct 30, 2024Piper SandlerOverweightOverweightHold
Oct 30, 2024Piper SandlerNeutralNeutralHold
Oct 30, 2024Cowen & Co.BuyBuyHold
Oct 23, 2024UBSBuyBuyHold
Oct 07, 2024WedbushUnderperformUnderperformHold
Oct 07, 2024Wells FargoBuyBuyHold
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
May 31, 2024Cowen & Co.BuyBuyHold
May 07, 2024RBC CapitalBuyBuyHold
May 07, 2024RBC CapitalOutperformOutperformHold
Apr 16, 2024Piper SandlerOverweightOverweightHold
Mar 13, 2024Wells FargoMarket OutperformMarket OutperformHold
Mar 13, 2024WedbushUnderperformUnderperformHold
Feb 06, 2024WedbushNeutralOutperformUpgrade
Feb 06, 2024Wells FargoEqual-WeightEqual-WeightHold
Oct 16, 2023Morgan StanleyEqual-WeightOverweightUpgrade
Aug 01, 2023BarclaysEqual-WeightOverweightUpgrade
Aug 01, 2023Craig-HallumBuyUpgrade
Aug 01, 2023Credit SuisseNeutralDowngrade
Aug 01, 2023Keefe, Bruyette & WoodsMarket PerformDowngrade
Feb 08, 2023CitigroupNeutralNeutralHold
Feb 07, 2023JMP SecuritiesMarket OutperformMarket OutperformHold
Feb 07, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Feb 07, 2023Wells FargoUnderweightUnderweightHold
Feb 07, 2023Piper SandlerNeutralNeutralHold
Feb 02, 2023NeedhamBuyHoldDowngrade
Jan 11, 2023BarclaysEqual-WeightEqual-WeightHold
Jan 05, 2023Piper SandlerNeutralNeutralHold
Nov 01, 2022NeedhamBuyBuyHold
Nov 01, 2022Piper SandlerOverweightNeutralDowngrade
Nov 01, 2022Cowen & Co.OutperformOutperformHold
Nov 01, 2022RBC CapitalOutperformOutperformHold
Nov 01, 2022Morgan StanleyEqual-WeightEqual-WeightHold
Nov 01, 2022JMP SecuritiesMarket OutperformMarket OutperformHold
Nov 01, 2022WedbushNeutralDowngrade
Nov 01, 2022BarclaysEqual-WeightEqual-WeightHold
Nov 01, 2022Wells FargoOverweightUnderweightDowngrade
Nov 01, 2022JefferiesBuyBuyHold
Aug 19, 2022NeedhamBuyBuyHold
Aug 02, 2022BarclaysEqual-WeightEqual-WeightHold
Aug 02, 2022CitigroupBuyBuyHold
Aug 02, 2022Piper SandlerOverweightOverweightHold
Jul 18, 2022Wells FargoOverweightOverweightHold
Jun 27, 2022Morgan StanleyOverweightDowngrade
Apr 29, 2022Wells FargoOverweightUpgrade
Apr 25, 2022JMP SecuritiesBuyBuyHold

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 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$210.28M$186.11M$168.09M$151.52M$185.66M$163.67M$147.45M$129.94M$165.17M$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$222.18M$196.65M$177.61M$160.10M$196.17M$172.93M$155.79M$135.29M$166.96M$141.62M$124.83M$113.66M$153.19M$126.85M$125.88M$112.97M$148.60M$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$200.47M$177.44M$160.26M$144.46M$177.01M$156.04M$140.57M$121.95M$164.54M$141.62M$124.83M$113.64M$147.93M$123.36M$113.59M$101.93M$134.08M$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
# Analysts999988810137548181591016810991399159988
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 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
# Analysts999988810137548181591016810991399159988
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$-45.30M$-40.10M$-36.21M$-32.64M$-40.00M$-35.26M$-31.77M$-27.99M$-35.58M$-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$-43.19M$-38.23M$-34.53M$-31.12M$-38.13M$-33.62M$-30.29M$-26.27M$-35.45M$-30.51M$-26.89M$-46.78M$-31.87M$-26.58M$-24.47M$-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$-47.87M$-42.37M$-38.26M$-34.49M$-42.26M$-37.26M$-33.56M$-29.15M$-35.97M$-30.51M$-26.89M$-70.17M$-33.00M$-27.33M$-27.12M$-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 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
# Analysts999988810137548181591016810991399159988
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$26.04M$15.10M$9.33M$2.27M$20.09M$11.17M$5.71M$-2.74M$15.33M$8.28M$-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$27.95M$16.21M$10.02M$2.43M$21.57M$11.99M$6.13M$4.11M$16.51M$8.29M$-2.19M$-51.92M$27.57M$5.96M$2.37M$-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$24.46M$14.19M$8.77M$2.13M$18.87M$10.49M$5.36M$-9.60M$11.79M$8.26M$-2.50M$-77.88M$24.56M$1.99M$2.07M$-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 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
# Analysts999988810137548181591016810991399159988
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$160.79M$142.31M$128.53M$115.86M$141.96M$125.14M$112.74M$99.36M$126.30M$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$169.89M$150.37M$135.80M$122.42M$150.00M$132.23M$119.13M$103.45M$127.66M$108.29M$95.45M$132.51M$117.13M$96.99M$96.26M$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$153.29M$135.68M$122.54M$110.46M$135.35M$119.31M$107.49M$93.25M$125.81M$108.29M$95.45M$88.34M$113.11M$94.33M$86.85M$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 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
# Analysts999988810137548181591016810991399159988
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$0.02$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$0.09$0.02$0.19$0.11$0.05$0.04$0.15$0.07$-0.02$-0.09$0.25$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$0.13$0.08$0.02$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 $0.25. 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
VRNSVaronis Systems$47.20$58.5624.07%Buy
CCSIConsensus Cloud Solutions$24.33$30.0023.30%Buy
SSentinelOne$23.92$28.5019.15%Buy
TENBTenable$41.55$47.5014.32%Buy
OKTAOkta$85.42$93.389.32%Hold
RPDRapid7$39.04$42.298.32%Buy
CYBRCyberArk Software$317.82$336.305.81%Buy
CHKPCheck Point Software$187.71$197.225.07%Buy
RDWRRadware$23.11$23.00-0.48%Buy
QLYSQualys$145.90$142.00-2.67%Buy
CSGSCSG Systems$53.57$52.00-2.93%Buy
EVTCEVERTEC$34.85$31.50-9.61%Sell
WIXWix$218.98$195.00-10.95%Buy
CGNTCognyte Software$9.26$7.50-19.01%Hold

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 $58.56 with a range of $50 to $70, implying a 29.27% from its last price of $45.3. 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 29.27% (from the last price of $45.3 to the average price target of $58.56), up by 54.53% based on the highest stock price target, and up by 10.38% based on the lowest stock price target.

Can Varonis Systems stock reach $70?

VRNS's average twelve months analyst stock price target of $58.56 does not support the claim that Varonis Systems can reach $70 in the near future.

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 $626.71M (high $660.18M, low $595.57M), average EBITDA is $-135M (high $-128M, low $-142M), average net income is $34.22M (high $43.8M, low $25.12M), average SG&A $479.21M (high $504.8M, low $455.39M), and average EPS is $0.305 (high $0.39, low $0.224). VRNS's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $716M (high $756.54M, low $682.63M), average EBITDA is $-154M (high $-147M, low $-163M), average net income is $52.74M (high $56.62M, low $49.54M), average SG&A $547.48M (high $578.48M, low $521.97M), and average EPS is $0.47 (high $0.504, low $0.441).

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%