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Varonis Systems (VRNS) Stock Price & Analysis

1,169 Followers

VRNS Stock Chart & Stats

$49.03-$0.07(-0.14%)
At close: 4:00 PM EST
$42.5$45$47.5$50Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
$48.98 - $49.25
52-Week Range
$19.70 - $50.31
Previous Close
$49.10
Volume
N/A
Average Volume (3M)
4.47M
Market Cap
$5.66B
Enterprise Value
$5.35B
Total Cash (Recent Filing)
$631.44M
Total Debt (Recent Filing)
$514.30M
Price to Earnings (P/E)
―
Beta
0.89
Next Earnings
Feb 08, 2027 (Est.)
EPS Estimate
0.04
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

SaaS ARR Growth

Strong SaaS ARR growth indicates continued customer adoption and expansion of Varonis’s recurring platform. The increase in new-logo ARR and raised full-year outlook support durable revenue visibility, while subscription growth can deepen customer relationships and provide a foundation for future operating leverage.

Cash Generation And Gross Margins

Consistently positive operating and free cash flow since 2022 demonstrates that the business converts activity into meaningful liquidity despite GAAP losses. Combined with very high gross margins, this supports continued investment in product development, sales capacity, and customer expansion.

Product And Customer Momentum

Traction across newer products broadens Varonis beyond its established offerings and increases the opportunity to expand existing accounts. Large customer wins and platform consolidation use cases suggest the company is becoming more strategic in enterprise data-security programs, supporting longer-term cross-selling.

Bears Say

Persistent GAAP Losses

Ongoing GAAP losses show that strong gross margins have not yet translated into durable bottom-line profitability. This limits internally funded financial flexibility and leaves results more dependent on continued growth, disciplined spending, and successful execution before earnings can become consistently positive.

Elevated Leverage

Debt exceeding equity reduces financial flexibility relative to earlier years and increases the importance of maintaining cash generation. Leverage can constrain capital allocation while losses persist, because more resources may need to support obligations rather than product investment, expansion, or other strategic initiatives.

Margin And Conversion Headwinds

Declining gross and ARR contribution margins can slow the path from revenue growth to operating profitability, particularly during the SaaS transition. Lower-than-expected conversion ARR and the self-hosted end-of-life headwind add execution risk to the near-term recurring-revenue trajectory.

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 $5.66B.
When is Varonis Systems’s upcoming earnings report date?
Varonis Systems’s next earnings report is estimated for Feb 08, 2027 (not yet confirmed), which is in 88 days.
How were Varonis Systems’s earnings last quarter?
Varonis Systems released its earnings results on Nov 03, 2026. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.025 by $0.065.
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 0.04.
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 $0.09 in its last earnings report, beating expectations of $0.025. Following the earnings report the stock price went down -0.327%.
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