Varonis Systems, Inc.

NasdaqGS:VRNS Stok Raporu

Piyasa değeri: US$3.2b

Varonis Systems Gelecekteki Büyüme

Future kriter kontrolleri 1/6

Varonis Systems kazanç ve gelirin sırasıyla yıllık 37.2% ve 13.2% oranında artacağı tahmin edilmektedir. EPS'nin yıllık 46.6% oranında büyümesi beklenmektedir. Özkaynak kârlılığının 3 yıl içinde 17.8% olacağı tahmin edilmektedir.

Anahtar bilgiler

37.2%

Kazanç büyüme oranı

46.62%

EPS büyüme oranı

Software kazanç büyümesi19.6%
Gelir büyüme oranı13.2%
Gelecekteki özkaynak getirisi17.80%
Analist kapsamı

Good

Son güncelleme11 May 2026

Gelecekteki son büyüme güncellemeleri

Recent updates

Seeking Alpha • Apr 30

Varonis Systems: Potential For Topline Growth To Accelerate

Summary Varonis Systems has successfully completed its SaaS transition, driving accelerated revenue growth and improved non-GAAP profitability. VRNS now focuses on new customer acquisition and upselling, with SaaS ARR excluding conversions up 29% y/y to $522.6 million. AI and data security demand are broadening VRNS's platform adoption, with notable wins and early traction in new products like Atlas and Interceptor. I maintain a bullish rating on VRNS, targeting ~$61 per share, expecting revenue growth to accelerate to 25% by FY2028. Read the full article on Seeking Alpha
Anlatı Güncellemesi • Apr 23

VRNS: AI Data Security Demand Will Support SaaS Transition Repricing

Analysts have nudged the price target for Varonis Systems slightly lower to $33.43, reflecting a modestly higher discount rate and ongoing recalibration of expectations after a series of reduced Street targets, along with mixed views on the company’s SaaS transition and data security demand ahead of broader AI adoption. Analyst Commentary Recent Street research on Varonis Systems reflects a split view, with a cluster of price target cuts and downgrades balanced by fresh positive coverage and upgrades.
Anlatı Güncellemesi • Apr 06

VRNS: AI Data Security Demand Will Support Post SaaS Transition Recovery

Analysts have trimmed their average price target on Varonis Systems by clustering a series of cuts that collectively pull targets down by up to $30 per share, citing concerns about intensifying data security competition and nearer term earnings risk, even as some still see value in exposure to AI driven demand into 2026. Analyst Commentary Street research on Varonis Systems over the past few months reflects a split view, with several firms cutting price targets or ratings while others highlight potential upside tied to AI related data security demand and the company’s positioning into 2026.
Anlatı Güncellemesi • Mar 22

VRNS: AI Data Security Demand Will Drive Post SaaS Transition Upside

Analysts have reset their blended price target on Varonis Systems to $28. This reflects cautious updates to earnings assumptions during its SaaS transition, while still highlighting growing data security demand ahead of broader AI adoption.
Anlatı Güncellemesi • Mar 07

VRNS: AI Data Security Demand And SaaS Transition Will Drive Future Upside

Analysts have nudged their blended price target for Varonis Systems slightly lower to about $33.90 from $34.20, reflecting a mix of reduced Street targets and fresh positive views on data security demand ahead of broader AI adoption. Analyst Commentary Street research on Varonis reflects a split view, with some firms cutting targets and ratings while others see the current share price as an entry point tied to growing data security needs and AI related use cases.
Anlatı Güncellemesi • Feb 21

VRNS: AI Security And SaaS Transition Will Support Future Upside Potential

Analysts have adjusted their price targets on Varonis Systems, with some cutting targets by $7 to $30, while one firm issued an upgrade. These moves reflect mixed views on competition in data security, earnings risk, and interest from potential strategic or financial sponsors.
Analiz Makalesi • Feb 11

Some Varonis Systems, Inc. (NASDAQ:VRNS) Shareholders Look For Exit As Shares Take 26% Pounding

Varonis Systems, Inc. ( NASDAQ:VRNS ) shareholders that were waiting for something to happen have been dealt a blow...
Anlatı Güncellemesi • Feb 07

VRNS: AI Security Demand And SaaS Transition Will Drive Future Upside

Analysts have cut their average price targets on Varonis Systems, reflected in a lower fair value estimate from US$49.60 to US$34.20. A wide group of firms has reset expectations following recent target reductions, even as they continue to debate growth, profitability assumptions and an updated future P/E of about 48x.
Anlatı Güncellemesi • Jan 23

VRNS: SaaS And AI Security Transition Will Drive Future Upside

Analysts have trimmed their price targets on Varonis Systems by about $8 on recent reports, citing weaker on prem renewal trends, competitive pressures in data security, and uncertainty around the on prem end of life decision, even as interest in cloud, identity, and AI driven security remains in focus. Analyst Commentary Recent research on Varonis reflects a split view, with some focusing on execution risks around the on prem business and others highlighting potential upside tied to SaaS, AI centric offerings, and possible corporate interest.
Anlatı Güncellemesi • Jan 09

VRNS: SaaS And AI Security Demand Will Support Future Upside

Analysts have trimmed their fair value estimate for Varonis Systems to about $50.15 from $51.84, reflecting lower Street price targets clustered around $45 to $50 as they weigh weaker on-prem renewals against ongoing SaaS traction, AI-related demand, and potential sponsor interest. Analyst Commentary Recent research around Varonis reflects a split view, with analysts weighing solid SaaS progress and AI interest against pressure from weaker on prem renewals and a more mixed read on execution.
Anlatı Güncellemesi • Dec 24

VRNS: SaaS And GenAI Demand Will Drive Future Upside

Analysts have modestly trimmed their price targets on Varonis Systems, with the consensus fair value estimate easing by about $1 to roughly $52, as they balance solid SaaS momentum and secular cybersecurity tailwinds against weaker on prem renewal trends, a conservative outlook, and valuation concerns. Analyst Commentary Street research around Varonis reflects a divided but generally constructive view, with recent target cuts offsetting earlier, more optimistic revisions that followed strong SaaS execution and expectations for growth acceleration.
Anlatı Güncellemesi • Dec 10

VRNS: SaaS Transition Will Drive Future Upside Despite On Prem Renewal Headwinds

Varonis Systems' analyst price target has been reduced by approximately $20 to a consolidated $50, as analysts factor in weaker on prem renewal trends and a more conservative outlook, despite continued confidence in the long term SaaS transition and secular cybersecurity demand. Analyst Commentary Recent Street research reflects a more balanced but still constructive view on Varonis, as analysts recalibrate price targets in light of softer on prem renewals while acknowledging the company’s progress in its SaaS transition and exposure to structural cybersecurity demand.
Anlatı Güncellemesi • Nov 25

VRNS: Revenue Upside Will Follow SaaS Transition And End Of On-Prem Solutions

Analysts have lowered their average price target on Varonis Systems by approximately $10, citing weaker on-prem renewal rates, a mixed quarterly outlook, and ongoing uncertainty related to the company's transition away from legacy solutions. Analyst Commentary Analyst sentiment on Varonis Systems is currently divided, with both optimistic and cautious perspectives in reaction to the company's Q3 performance and ongoing business transition.
Anlatı Güncellemesi • Nov 11

VRNS: Future Revenue Acceleration Is Expected With SaaS Shift Completion

Analysts have lowered their price target for Varonis Systems from approximately $66 to around $53 per share. They cite mixed third-quarter results, weaker on-premise renewal rates, and heightened uncertainty as the company continues its shift to SaaS solutions.
Analiz Makalesi • Oct 30

Some Confidence Is Lacking In Varonis Systems, Inc. (NASDAQ:VRNS) As Shares Slide 45%

Varonis Systems, Inc. ( NASDAQ:VRNS ) shareholders that were waiting for something to happen have been dealt a blow...
Anlatı Güncellemesi • Oct 28

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

Analysts have modestly raised their price target for Varonis Systems to $65.90 from $63.48. This reflects ongoing confidence in the company's SaaS transition and anticipated growth drivers such as GenAI and Managed Data Detection and Response offerings.
Anlatı Güncellemesi • Oct 13

Global AI Trends And Cyber Threats Will Reshape Data Security

The average analyst price target for Varonis Systems has risen modestly by about $1. This reflects increased confidence in the company’s SaaS transition, robust demand for data security, and anticipated operating improvements in the coming years.
Analiz Makalesi • Sep 02

Subdued Growth No Barrier To Varonis Systems, Inc.'s (NASDAQ:VRNS) Price

Varonis Systems, Inc.'s ( NASDAQ:VRNS ) price-to-sales (or "P/S") ratio of 11.1x might make it look like a strong sell...
Anlatı Güncellemesi • Aug 27

Global AI Trends And Cyber Threats Will Reshape Data Security

Analysts have raised Varonis Systems' price target from $60.85 to $62.10, citing strong SaaS migration execution, accelerating demand for data security, and optimism around future growth and margins driven by increased AI adoption. Analyst Commentary Bullish analysts highlight robust demand for data security solutions driven by industry trends and rising prioritization of identity and data protection within enterprise budgets.
Analiz Makalesi • Jul 14

Does Varonis Systems (NASDAQ:VRNS) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analiz Makalesi • May 29

Estimating The Fair Value Of Varonis Systems, Inc. (NASDAQ:VRNS)

Key Insights The projected fair value for Varonis Systems is US$51.88 based on 2 Stage Free Cash Flow to Equity Current...
Analiz Makalesi • Apr 28

There's Reason For Concern Over Varonis Systems, Inc.'s (NASDAQ:VRNS) Price

Varonis Systems, Inc.'s ( NASDAQ:VRNS ) price-to-sales (or "P/S") ratio of 8.6x might make it look like a strong sell...
Analiz Makalesi • Apr 07

Varonis Systems (NASDAQ:VRNS) Is Carrying A Fair Bit Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
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Yeni Anlatı • Mar 20

Accelerated SaaS Transition And AI Demand Will Drive Customer Acquisition By 2025

Accelerated transition to a SaaS model boosts customer retention and sales efficiency, positively impacting revenue and cash flow.
Seeking Alpha • Feb 24

Varonis: MDDR - Second Line Of Defense Plays Second Fiddle To Other Cybersecurity Functions

Summary Varonis is fairly valued with strong differentiation but lacks the high growth I seek, leading me to rate it a hold. Varonis specializes in data visibility and ransomware protection, but its MDDR acts as a second line of defense, reducing its priority. The transition to SaaS will enhance cross-selling, reduce churn, and improve customer lifetime value. Despite high gross margins and no net debt, Varonis' second-line defense position and slower response times, than the fastest ransomware, present significant risks. Read the full article on Seeking Alpha
Seeking Alpha • Feb 10

Varonis Systems: Share Price Weakness Is Not Due To Poor Demand

Summary I maintain a buy rating on Varonis Systems, despite the recent share price drop due to short-term concerns over flat ARR growth and weaker margins. VRNS's SaaS transition is ahead of schedule, and expected to be completed by FY25, which should drive strong growth acceleration and profitability improvements post-transition. AI-driven security solutions like MDDR and CoPilot are gaining traction, contributing to higher ASPs and larger deal sizes, indicating robust long-term demand. With strong customer retention rates and new business momentum, VRNS's current valuation presents an attractive entry point for patient investors. Read the full article on Seeking Alpha
Analiz Makalesi • Feb 09

Analysts Are Updating Their Varonis Systems, Inc. (NASDAQ:VRNS) Estimates After Its Yearly Results

It's been a sad week for Varonis Systems, Inc. ( NASDAQ:VRNS ), who've watched their investment drop 11% to US$40.59 in...
Analiz Makalesi • Jan 21

Investor Optimism Abounds Varonis Systems, Inc. (NASDAQ:VRNS) But Growth Is Lacking

With a price-to-sales (or "P/S") ratio of 9.1x Varonis Systems, Inc. ( NASDAQ:VRNS ) may be sending very bearish...
Analiz Makalesi • Dec 31

Varonis Systems, Inc.'s (NASDAQ:VRNS) Intrinsic Value Is Potentially 62% Above Its Share Price

Key Insights The projected fair value for Varonis Systems is US$71.25 based on 2 Stage Free Cash Flow to Equity Varonis...
Seeking Alpha • Dec 15

Varonis Systems: Price Drop Is An Attractive Entry Point As Fundamentals Remain Strong

Summary I reiterate a buy rating for Varonis Systems (VRNS) as the recent share price dip to $48 presents an attractive entry point for investors. VRNS fundamentals remain strong with accelerating revenue growth, improving EBITDA margins, and successful SaaS transition, despite slight weakness in the Federal sector. The new MDDR product drives SaaS adoption and growth, offering strong protection against ransomware, and is a key catalyst for future expansion. Read the full article on Seeking Alpha
Analiz Makalesi • Dec 05

Is Now The Time To Look At Buying Varonis Systems, Inc. (NASDAQ:VRNS)?

While Varonis Systems, Inc. ( NASDAQ:VRNS ) might not have the largest market cap around , it received a lot of...
Seeking Alpha • Oct 11

Varonis Systems: 3 Factors That Make It A Buy

Summary I recommend Varonis Systems as a 'Buy' due to re-accelerating revenue growth, strong price momentum, and significant insider buying. Despite having not produced an operating profit, Varonis is already generating close to $100 million of cash from operations. Varonis' premium valuation is justified by projected revenue growth, strong price momentum, and substantial insider share purchases, indicating confidence in the stock's undervaluation. Read the full article on Seeking Alpha
Analiz Makalesi • Sep 23

Varonis Systems, Inc.'s (NASDAQ:VRNS) Intrinsic Value Is Potentially 25% Below Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Varonis Systems fair value estimate is US$42.10 Varonis...
Analiz Makalesi • Aug 18

Varonis Systems, Inc.'s (NASDAQ:VRNS) Share Price Not Quite Adding Up

You may think that with a price-to-sales (or "P/S") ratio of 11.9x Varonis Systems, Inc. ( NASDAQ:VRNS ) is a stock to...

Kazanç ve Gelir Büyüme Tahminleri

NasdaqGS:VRNS - Analistlerin gelecek tahminleri ve geçmiş finansal verileri (USD Millions )
TarihGelirKazançlarSerbest Nakit AkışıFaaliyetlerden NakitAvg. Analist Sayısı
12/31/20281,014-501811647
12/31/2027867-12515717322
12/31/2026735-15110312022
3/31/2026660-130116134N/A
12/31/2025624-129132147N/A
9/30/2025609-115131147N/A
6/30/2025595-103117136N/A
3/31/2025573-91111126N/A
12/31/2024551-96102115N/A
9/30/2024547-8490101N/A
6/30/2024521-888285N/A
3/31/2024506-1037579N/A
12/31/2023499-1015459N/A
9/30/2023488-1114652N/A
6/30/2023489-1163744N/A
3/31/2023485-1141524N/A
12/31/2022474-125012N/A
9/30/2022458-139-59N/A
6/30/2022435-133-86N/A
3/31/2022412-130-211N/A
12/31/2021390-117-37N/A
9/30/2021359-111714N/A
6/30/2021335-107816N/A
3/31/2021313-98211N/A
12/31/2020293-94-16-6N/A
9/30/2020270-90-32-14N/A
6/30/2020259-87-44-24N/A
3/31/2020252-88-44-21N/A
12/31/2019254-79N/A-11N/A
9/30/2019269-58N/A-3N/A
6/30/2019271-48N/A6N/A
3/31/2019273-36N/A20N/A
12/31/2018270-29N/A24N/A
9/30/2018256-28N/A22N/A
6/30/2018242-24N/A29N/A
3/31/2018229-17N/A25N/A
12/31/2017215-14N/A16N/A
9/30/2017197-17N/A14N/A
6/30/2017184-18N/A12N/A
3/31/2017174-19N/A10N/A
12/31/2016166-14N/A7N/A
9/30/2016154-19N/A6N/A
6/30/2016144-19N/A5N/A
3/31/2016135-19N/A1N/A
12/31/2015127-21N/A-3N/A
9/30/2015117-24N/A-7N/A
6/30/2015111-26N/A-12N/A

Analist Gelecek Büyüme Tahminleri

Kazançlar ve Tasarruf Oranları: VRNS önümüzdeki 3 yıl boyunca kârsız kalmaya devam edeceği tahmin ediliyor.

Kazançlar ve Piyasa: VRNS önümüzdeki 3 yıl boyunca kârsız kalmaya devam edeceği tahmin ediliyor.

Yüksek Büyüme Kazançları: VRNS önümüzdeki 3 yıl boyunca kârsız kalmaya devam edeceği tahmin ediliyor.

Gelir ve Pazar: VRNS şirketinin gelirinin (yıllık 13.2% ) US pazarından (yıllık 11.6% ) daha hızlı büyümesi öngörülüyor.

Yüksek Büyüme Geliri: VRNS şirketinin gelirinin (yıllık 13.2% ) yıllık 20% oranından daha yavaş büyümesi öngörülüyor.

Hisse Başına Kazanç Büyüme Tahminleri

Gelecekteki Özkaynak Getirisi

Gelecekteki ROE: VRNS 'nin Özsermaye Getirisi'nin 3 yıl içinde düşük olması tahmin ediliyor ( 17.8 %).

Büyüyen şirketleri keşfedin

7D

1Y

7D

1Y

7D

1Y

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/05/13 13:07
Gün Sonu Hisse Fiyatı2026/05/13 00:00
Kazançlar2026/03/31
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

Varonis Systems, Inc. 35 Bu analistlerden 22, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

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Raimo LenschowBarclays
Saket KaliaBarclays