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VRNS

Varonis Systems (VRNS) Stock Forecast & Price Target

Varonis Systems (VRNS) Analyst Ratings

Based on 19 analyst ratings
Buy
Strong Buy 37%
Buy 47%
Hold 16%
Sell 0%
Strong Sell 0%

Bulls say

Varonis Systems reported a revenue increase of 9% year-over-year to $173.4 million, surpassing both company guidance and market expectations, which highlights the company's strong performance during its ongoing transition towards a cloud-based revenue model. The firm's SaaS business has seen significant growth, with 86% of Annual Recurring Revenue (ARR) now stemming from this segment and expectations to reach 100% by the end of calendar year 2026, positioning the company for substantial ARR growth of approximately 15-20% and a margin rebound in the subsequent fiscal year. Additionally, the company has shown remarkable resilience, with a robust 32% year-over-year SaaS ARR growth reported for calendar year 2025 when excluding conversions from on-premises solutions, indicating a healthy trajectory for the business as it successfully navigates its transformation.

Bears say

Varonis Systems has reported a decline in Gross Margin from 84.4% to 80.0%, falling short of expectations and indicating potential difficulties in maintaining profitability during the ongoing cloud transition. The company also experienced a significant Operating Loss, which was worse than consensus estimates, and revised its 2025 guidance downward, including a $17 million reduction in ARR expectations, impacted by poorer renewal rates. Additionally, the decline in non-SaaS ARR during the transition phase raises concerns about future Free Cash Flow, further contributing to a negative outlook for the company's financial health.

Varonis Systems (VRNS) has been analyzed by 19 analysts, with a consensus rating of Buy. 37% of analysts recommend a Strong Buy, 47% recommend Buy, 16% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Varonis Systems and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Varonis Systems (VRNS) Forecast

Analysts have given Varonis Systems (VRNS) a Buy based on their latest research and market trends.

According to 19 analysts, Varonis Systems (VRNS) has a Buy consensus rating as of Apr 23, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $42.42, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $42.42, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Varonis Systems (VRNS)


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