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Technology - Software - Infrastructure - NASDAQ - US
$ 51.15
2.2 %
$ 5.72 B
Market Cap
-63.15
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one VRNS stock under the worst case scenario is HIDDEN Compared to the current market price of 51.1 USD, Varonis Systems, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one VRNS stock under the base case scenario is HIDDEN Compared to the current market price of 51.1 USD, Varonis Systems, Inc. is HIDDEN

This DCF valuation model was last updated on Jul, 6, 2025.

The intrinsic value of one VRNS stock under the best case scenario is HIDDEN Compared to the current market price of 51.1 USD, Varonis Systems, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart VRNS

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$52.0$52.0$50.0$50.0$48.0$48.0$46.0$46.0$44.0$44.0$42.0$42.0$40.0$40.0$38.0$38.0$36.0$36.015 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 JunJul '25Jul '25
FINANCIALS
551 M REVENUE
10.38%
-118 M OPERATING INCOME
-0.37%
-95.8 M NET INCOME
5.10%
115 M OPERATING CASH FLOW
93.89%
-532 M INVESTING CASH FLOW
-272.01%
372 M FINANCING CASH FLOW
796.44%
136 M REVENUE
-13.94%
-43.8 M OPERATING INCOME
-149.35%
-35.8 M NET INCOME
-175.38%
68 M OPERATING CASH FLOW
180.14%
-25 M INVESTING CASH FLOW
79.05%
-75.5 M FINANCING CASH FLOW
-4947.56%
Balance Sheet Varonis Systems, Inc.
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Current Assets 844 M
Cash & Short-Term Investments 568 M
Receivables 237 M
Other Current Assets 38.9 M
Non-Current Assets 786 M
Long-Term Investments 659 M
PP&E 76.4 M
Other Non-Current Assets 50.9 M
34.87 %14.52 %40.42 %4.69 %3.12 %Total Assets$1.6b
Current Liabilities 710 M
Accounts Payable 4.31 M
Short-Term Debt 261 M
Other Current Liabilities 444 M
Non-Current Liabilities 499 M
Long-Term Debt 493 M
Other Non-Current Liabilities 5.7 M
21.63 %36.75 %40.79 %Total Liabilities$1.2b
EFFICIENCY
Earnings Waterfall Varonis Systems, Inc.
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Revenue 551 M
Cost Of Revenue 93.8 M
Gross Profit 457 M
Operating Expenses 575 M
Operating Income -118 M
Other Expenses -21.9 M
Net Income -95.8 M
600m600m500m500m400m400m300m300m200m200m100m100m00(100m)(100m)(200m)(200m)551m(94m)457m(575m)(118m)22m(96m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
82.97% GROSS MARGIN
82.97%
-21.35% OPERATING MARGIN
-21.35%
-17.38% NET MARGIN
-17.38%
-21.02% ROE
-21.02%
-5.75% ROA
-5.75%
-11.49% ROIC
-11.49%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Varonis Systems, Inc.
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120m120m100m100m80m80m60m60m40m40m20m20m00(20m)(20m)(40m)(40m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income -95.8 M
Depreciation & Amortization -1.56 M
Capital Expenditures -6.69 M
Stock-Based Compensation 127 M
Change in Working Capital 0
Others 60 M
Free Cash Flow 109 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Varonis Systems, Inc.
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Wall Street analysts predict an average 1-year price target for VRNS of $55.7 , with forecasts ranging from a low of $46 to a high of $70 .
VRNS Lowest Price Target Wall Street Target
46 USD -10.07%
VRNS Average Price Target Wall Street Target
55.7 USD 8.87%
VRNS Highest Price Target Wall Street Target
70 USD 36.85%
Price
Max Price Target
Min Price Target
Average Price Target
70706565606055555050454540403535Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 7
6. Ownership
Insider Ownership Varonis Systems, Inc.
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Sold
0-3 MONTHS
300 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
7.89 M USD 2
9-12 MONTHS
3.83 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Varonis Announces Strategic Partnership with Microsoft to Help Secure the Future of AI MIAMI, July 01, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced a strategic partnership with Microsoft to help secure the next generation of workplace AI. The companies will build upon existing product innovations that help organizations securely adopt Microsoft Copilot. globenewswire.com - 1 week ago
Varonis Announces Integration With ChatGPT Enterprise MIAMI, June 17, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the data security leader, today extended its industry-leading Data Security Platform to OpenAI's ChatGPT Enterprise Compliance API. The integration helps customers automatically identify sensitive data uploads, monitor prompts and responses, and prevent breaches and compliance violations. globenewswire.com - 3 weeks ago
Varonis Becomes the First Data Security Platform to Support MCP MIAMI, June 10, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, announced the Varonis Model Context Protocol (MCP) Server — a powerful new way to access and orchestrate the Varonis Data Security Platform using AI clients like ChatGPT, Claude, and GitHub Copilot. The Varonis MCP Server marks the next evolution for data security — transforming Varonis into an AI-agnostic engine that turns simple prompts into powerful, automated outcomes. globenewswire.com - 4 weeks ago
Varonis Named a Gartner® Peer Insights™ Customers' Choice for Second Consecutive Year MIAMI, June 04, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, has once again been recognized as a 2025 Customers' Choice in the Gartner® Peer Insights™ “Voice of the Customer” for Data Security Posture Management (DSPM). This marks the second consecutive year Varonis received this prestigious distinction. globenewswire.com - 1 month ago
Varonis Announces Identity Protection to Unify Identity and Data Security Varonis fuses Identity Protection into its leading Data Security Platform to secure data from human and non-human identities Varonis fuses Identity Protection into its leading Data Security Platform to secure data from human and non-human identities globenewswire.com - 1 month ago
Varonis at Infosecurity Europe 2025: Automating Data Security for the AI Era MIAMI and LONDON, May 27, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, announced its full event schedule for Infosecurity Europe 2025, taking place June 3 – 5 at ExCeL London. Varonis proudly returns to present expert sessions on strengthening cyber resilience, mastering proactive security, and modernizing DLP for today's threat landscape. globenewswire.com - 1 month ago
AI is a Ticking Time Bomb for Your Data, Reveals New Report From Varonis MIAMI, May 20, 2025 (GLOBE NEWSWIRE) -- A new report from Varonis reveals 99% of organizations have sensitive data exposed to AI. The State of Data Security Report: Quantifying AI's Impact on Data Risk examines how much sensitive information is exposed and vulnerable to AI tools due to misconfigurations, overly permissive access, and other data security gaps. globenewswire.com - 1 month ago
Varonis Becomes the First Data Security Platform to Achieve FedRAMP Authorization MIAMI, May 19, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, proudly announces that its cloud-native Data Security Platform is the first in its category to achieve Federal Risk and Authorization Management Program (FedRAMP®) Authorization. The industry milestone confirms that Varonis' AI-driven platform aligns with rigorous standards for cloud-hosted security solutions and highlights the company's commitment to providing best-in-class data security to federal agencies and public-sector organizations nationwide. globenewswire.com - 1 month ago
3 Mid-Cap Stocks Turning Heads in AI, Automation, & Cybersecurity Investors looking for a balance of risk and reward might turn to mid-cap stocks. Companies in this category may have a similar growth potential as smaller firms with a bit more of the stability typically seen in larger businesses. marketbeat.com - 1 month ago
Varonis to Present at Upcoming Investor Conferences MIAMI, May 08, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, announced its participation at the following upcoming conferences: globenewswire.com - 2 months ago
Varonis Systems, Inc. (VRNS) Q1 2025 Earnings Call Transcript Varonis Systems, Inc. (NASDAQ:VRNS ) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET Company Participants Tim Perz - Investor Relations Yaki Faitelson - Chief Executive Officer Guy Melamed - Chief Financial Officer & Chief Operating Officer Conference Call Participants Matt Hedberg - RBC Capital Markets Joel Fishbein - Truist Securities Saket Kalia - Barclays Joshua Tilton - Wolfe Research Roger Boyd - UBS Keith Weiss - Morgan Stanley Joseph Gallo - Jefferies Brian Essex - JPMorgan Shaul Eyal - TD Cowen Jason Ader - William Blair Rudy Kessinger - D.A. Davidson Shrenik Kothari - Robert W. seekingalpha.com - 2 months ago
Compared to Estimates, Varonis (VRNS) Q1 Earnings: A Look at Key Metrics Although the revenue and EPS for Varonis (VRNS) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 2 months ago
8. Profile Summary

Varonis Systems, Inc. VRNS

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 5.72 B
Dividend Yield 0.00%
Description Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for users on Windows and UNIX/Linux servers, storage devices, email systems, Intranet servers, cloud applications, and data stores; and DatAlert that profiles users, devices, and their behaviors related to systems and data, detects and alerts on deviations that indicate compromise, and provides a Web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions, as well as provides business and information technology (IT) personnel with actionable intelligence about data; and DataPrivilege, which offers a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention. In addition, the company provides Data Transport Engine, which provides an execution engine that unifies the manipulation of data and metadata, translating business decisions, and instructions into technical commands, such as data migration or archiving; and DatAnswers that offers search functionality for enterprise data. Varonis Systems, Inc. sells products and services through a network of distributors and resellers. The company serves IT, security, and business personnel. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in New York, New York.
Contact 1250 Broadway, New York City, NY, 10001 https://www.varonis.com
IPO Date Feb. 28, 2014
Employees 2406
Officers Mr. David Bass Executive Vice President of Engineering & Chief Technology Officer Mr. James O'Boyle Vice Chairman of Sales Ms. Dana Shahar-Gara Chief Human Resources Officer Mr. Gilad Raz Chief Information Officer & Vice President of Technical Services Mr. Yakov Faitelson Co-Founder, Chairman, Chief Executive Officer & President Mr. Ohad Korkus Co-Founder & Director Mr. Dov Gottlieb Vice President, General Counsel & Corporate Secretary Mr. Tim Perz CPA Director of Investor Relations Mr. Guy Melamed CPA Chief Financial Officer & Chief Operating Officer Mr. Rob Sobers Chief Marketing Officer