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Technology - Software - Infrastructure - NASDAQ - US
$ 38.03
-0.86 %
$ 4.28 B
Market Cap
-44.22
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one VRNS stock under the worst case scenario is HIDDEN Compared to the current market price of 38 USD, Varonis Systems, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one VRNS stock under the base case scenario is HIDDEN Compared to the current market price of 38 USD, Varonis Systems, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one VRNS stock under the best case scenario is HIDDEN Compared to the current market price of 38 USD, Varonis Systems, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart VRNS

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$60.0$60.0$55.0$55.0$50.0$50.0$45.0$45.0$40.0$40.0$35.0$35.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '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%
159 M REVENUE
7.05%
-17.6 M OPERATING INCOME
25.75%
-13 M NET INCOME
29.12%
24.3 M OPERATING CASH FLOW
7.99%
-119 M INVESTING CASH FLOW
59.64%
-1.5 M FINANCING CASH FLOW
-0.37%
Balance Sheet Varonis Systems, Inc.
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Current Assets 878 M
Cash & Short-Term Investments 568 M
Receivables 237 M
Other Current Assets 73 M
Non-Current Assets 786 M
Long-Term Investments 659 M
PP&E 76.4 M
Other Non-Current Assets 50.9 M
34.15 %14.22 %4.39 %39.59 %4.59 %3.06 %Total Assets$1.7b
Current Liabilities 710 M
Accounts Payable 4.31 M
Short-Term Debt 0
Other Current Liabilities 706 M
Non-Current Liabilities 744 M
Long-Term Debt 744 M
Other Non-Current Liabilities 0
48.54 %51.16 %Total Liabilities$1.5b
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%
6.29% NET MARGIN
6.29%
7.60% ROE
7.60%
2.08% ROA
2.08%
5.14% ROIC
5.14%
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 85.8 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 $56.2 , with forecasts ranging from a low of $48 to a high of $70 .
VRNS Lowest Price Target Wall Street Target
48 USD 26.22%
VRNS Average Price Target Wall Street Target
56.2 USD 47.75%
VRNS Highest Price Target Wall Street Target
70 USD 84.07%
Price
Max Price Target
Min Price Target
Average Price Target
70706565606055555050454540403535May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 14
6. Ownership
Insider Ownership Varonis Systems, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
4.91 M USD 1
6-9 MONTHS
6.82 M USD 1
9-12 MONTHS
15 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 Appoints New Country Manager in Japan MIAMI and TOKYO, April 07, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the leader in data security, today announced Toshi Namiki's appointment as Country Manager for Japan. With more than 25 years of experience in software and cybersecurity, Toshi has led international high-value sales for Deep Instinct, Forescout Technologies, and global leaders Palo Alto Networks and VeriSign. globenewswire.com - 1 week ago
Varonis Achieves Sustaining Partner Status with Black Hat MIAMI, March 31, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the data security leader, is proud to announce its new status as a Sustaining Partner with Black Hat and share its full event schedule for Black Hat Asia 2025, taking place April 1 – 4 in Singapore. As a new Sustaining Partner, Varonis joins an elite group of security leaders that includes CrowdStrike and Wiz. globenewswire.com - 2 weeks ago
Varonis Acquires Cyral to Reinvent Database Activity Monitoring MIAMI, March 17, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), the data security leader, today announced the acquisition of the next-generation database activity monitoring (DAM) provider Cyral. Cyral's innovative approach to DAM uses agentless and stateless interception technology that deploys quickly and overcomes the challenges legacy vendors face in preventing data breaches and ensuring compliance. globenewswire.com - 1 month ago
Varonis Announces Varonis for Agentforce to Enable Safe AI Rollouts MIAMI, March 05, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) today announced Varonis for Agentforce. The launch expands Varonis' security offering by giving IT and security teams critical visibility into the agentic AI layer. globenewswire.com - 1 month ago
Varonis Named a Leader and a Customer Favorite in Data Security Platforms by Independent Research Firm MIAMI, March 04, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) proudly announced it was named a Leader by renowned research and advisory firm Forrester in the report, The Forrester Wave™: Data Security Platforms, Q1 2025. Varonis also received the new designation of a Customer Favorite among evaluated vendors based on outstanding customer feedback. globenewswire.com - 1 month ago
Varonis at the 2025 Gartner® Security & Risk Management Summit: AI Innovation and Data Security MUMBAI, India, March 03, 2025 (GLOBE NEWSWIRE) -- Gartner Security & Risk Management Summit -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced its full schedule at the Gartner Security & Risk Management Summit, March 10 – 11 in Mumbai, India. Varonis Activities at the Gartner Security & Risk Management Summit: Meet Varonis: Visit Varonis at booth #210 to discover our latest cloud security offerings, see our unified approach to data security, and catch 1:1 demos with our team. globenewswire.com - 1 month ago
Varonis Opens Data Centers in India to Support Expanding Customer Base and Minimize Cloud Data Risk MIAMI and MUMBAI, India, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced new data centers in India. Located in Mumbai and Pune, the centers will support customers using the Varonis cloud-native Data Security Platform to protect sensitive data, maintain privacy regulations, and stay on top of threats with AI-powered automation. globenewswire.com - 1 month ago
Varonis at the 2025 Gartner® Security & Risk Management Summit: Securing Data in the Age of AI SYDNEY, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced its full schedule as a Premier Exhibitor at the Gartner Security & Risk Management Summit, March 3 – 4 at the International Convention Centre in Sydney, Australia. Varonis Activities at the Gartner Security & Risk Management Summit: Meet Varonis: Visit booth #210 to catch 1:1 demos and learn how Varonis' best-in-class Data Security Platform allows companies to understand their risk, automatically fix exposures, and stop attacks on data — all while deploying AI confidently. globenewswire.com - 1 month ago
Varonis to Present at March Investor Conference MIAMI, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, announced its participation at the following upcoming conference: The Morgan Stanley Technology, Media & Telecom Conference, March 3 – 6, in San Francisco. The presentation is scheduled for March 3 at 1:50 p.m. globenewswire.com - 1 month ago
Varonis Named to CRN's 2025 Security 100 List MIAMI, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) announced it has been named by CRN® , a brand of The Channel Company, to its Security 100 list. The annual list recognizes security vendors committed to working with channel partners to protect organizations from cyber threats. globenewswire.com - 2 months ago
Varonis Wins SiliconANGLE Media's Tech Innovation CUBEd Award MIAMI, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) announced it has been named the winner of SiliconANGLE Media's inaugural 2025 Tech Innovation CUBEd Awards in the Top Data Protection Innovation category. Varonis for Microsoft 365 Copilot was recognized as a groundbreaking solution that demonstrates significant innovation in safeguarding data in the age of AI. globenewswire.com - 2 months ago
Varonis at ViVE 2025: Reduce the PHI Blast Radius and Safely Enable AI With Automation MIAMI, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a leader in data security, today announced its upcoming participation at ViVE 2025, February 16 – 19 in Nashville, Tenn. Today's bad actors don't break in — they log in. globenewswire.com - 2 months ago
8. Profile Summary

Varonis Systems, Inc. VRNS

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COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 4.28 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, 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. Gilad Raz Chief Information Officer & Vice President of Technical Services Ms. Dana Shahar-Gara Chief Human Resources Officer Mr. Guy Melamed CPA Chief Financial Officer & Chief Operating Officer Mr. Dov Gottlieb Vice President, General Counsel & Corporate Secretary Mr. Tim Perz CPA Director of Investor Relations Mr. Yakov Faitelson Co-Founder, Chairman, Chief Executive Officer & President Mr. Ohad Korkus Co-Founder & Director Mr. James O'Boyle Vice Chairman of Sales Mr. Rob Sobers Chief Marketing Officer