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Varonis Systems (VRNS) Stock Price & Analysis

VRNS Stock Chart & Stats

$48.85$0.03(0.06%)
At close: 4:00 PM EDT
$40$45$503 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$48.76 - $48.92
52-Week Range
$19.70 - $50.31
Previous Close
$48.82
Volume
1.57M
Average Volume (3M)
3.73M
Market Cap
$5.63B
Enterprise Value
$4.65B
Total Cash (Recent Filing)
$660.12M
Total Debt (Recent Filing)
$516.13M
Price to Earnings (P/E)
―
Beta
0.92
Next Earnings
Nov 03, 2026 (Est.)
EPS Estimate
0.03
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

SaaS ARR Growth

Rapid SaaS ARR growth indicates continuing customer adoption and expansion of Varonis’ recurring platform. The raised full-year outlook supports durable demand, while recurring contracts and increasing usage can improve revenue visibility and provide a foundation for compounding growth.

Cash Generation And Liquidity

Consistently positive operating and free cash flow gives Varonis internal funding capacity despite reported net losses. Its substantial cash and securities balance can support product investment, customer deployment, and strategic flexibility while reducing reliance on external financing.

Product And Customer Expansion

Traction across newer products suggests Varonis is expanding beyond its established platform and increasing the potential value of broader customer deployments. Large enterprise wins and cross-product adoption can deepen relationships, support renewals, and widen the company’s data-security footprint.

Bears Say

Persistent Unprofitability

Ongoing net losses show that strong product-level gross margins have not yet translated into durable operating profitability. The recent gross-margin decline adds pressure, potentially limiting reinvestment capacity and making earnings conversion a central execution requirement over the next several quarters.

Conversion And On-Premises Transition Risk

The shift from self-hosted deployments to SaaS creates a meaningful transition risk for near-term ARR realization. Slower-than-expected conversions may delay revenue and subscription benefits, while the platform end-of-life can disrupt customer timing and complicate growth planning.

Elevated Leverage

Debt remains material relative to equity while Varonis is not yet consistently profitable. This leverage can constrain financial flexibility, increase the importance of sustained cash generation, and leave less room to absorb operating setbacks or fund expansion without balance-sheet pressure.

Varonis Systems News

VRNS FAQ

What was Varonis Systems’s price range in the past 12 months?
Varonis Systems lowest stock price was $19.70 and its highest was $50.31 in the past 12 months.
What is Varonis Systems’s market cap?
Varonis Systems’s market cap is $5.63B.
When is Varonis Systems’s upcoming earnings report date?
Varonis Systems’s next earnings report is estimated for Nov 03, 2026 (not yet confirmed), which is in 2 days.
How were Varonis Systems’s earnings last quarter?
Varonis Systems released its earnings results on Jul 28, 2026. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.008 by $0.032.
Is Varonis Systems overvalued?
According to Wall Street analysts Varonis Systems’s price is currently Undervalued.
Does Varonis Systems pay dividends?
Varonis Systems does not currently pay dividends.
What is Varonis Systems’s EPS estimate?
Varonis Systems’s EPS estimate is 0.03.
How many shares outstanding does Varonis Systems have?
Varonis Systems has 115,298,570 shares outstanding.
What happened to Varonis Systems’s price movement after its last earnings report?
Varonis Systems reported an EPS of $0.04 in its last earnings report, beating expectations of $0.008. Following the earnings report the stock price went down -8.999%.
Which hedge fund is a major shareholder of Varonis Systems?
Hedge funds hold Varonis Systems shares: the largest hedge-fund position in Varonis Systems is 71,887,050 shares, and hedge funds increased their holdings by 1.9M shares last quarter.
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology