Susquehanna initiated coverage on Varonis Systems with a new price target
$VRNS
Computer Software: Prepackaged Software
Technology
Susquehanna initiated coverage of Varonis Systems with a rating of Positive and set a new price target of $55.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/30/2024 | $52.00 → $60.00 | Neutral → Outperform | Robert W. Baird |
| 6/14/2024 | $50.00 → $54.00 | Neutral → Overweight | JP Morgan |
| 2/6/2024 | $35.00 → $65.00 | Neutral → Outperform | Wedbush |
| 1/18/2024 | $37.00 → $45.00 | Buy → Neutral | DA Davidson |
| 12/15/2023 | $55.00 | Positive | Susquehanna |
| 10/27/2023 | $27.00 → $35.00 | Underweight → Neutral | JP Morgan |
| 10/16/2023 | $34.00 → $39.00 | Equal-Weight → Overweight | Morgan Stanley |
| 10/13/2023 | $35.00 → $37.00 | Equal Weight → Overweight | Barclays |
10-Q - VARONIS SYSTEMS INC (0001361113) (Filer)
8-K - VARONIS SYSTEMS INC (0001361113) (Filer)
8-K - VARONIS SYSTEMS INC (0001361113) (Filer)
Robert W. Baird upgraded Varonis Systems from Neutral to Outperform and set a new price target of $60.00 from $52.00 previously
JP Morgan upgraded Varonis Systems from Neutral to Overweight and set a new price target of $54.00 from $50.00 previously
Wedbush upgraded Varonis Systems from Neutral to Outperform and set a new price target of $65.00 from $35.00 previously
Annual recurring revenues grew 18% year-over-yearSaaS ARR as a percentage of total ARR was approximately 43%Year-to-date cash from operations generated $90.9 million vs. $49.0 million last yearYear-to-date free cash flow generated $88.6 million vs. $46.0 million last year NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), a leader in data security, today announced financial results for the third quarter ended September 30, 2024. Yaki Faitelson, Varonis CEO, said, "We are encouraged by the many tailwinds that are contributing to the strong growth in our business, and our third quarter results reflect the continued strong adoption of our SaaS platform and
NEW YORK, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), a leader in data security, announced that it will report its third quarter 2024 financial results following the close of the U.S. financial markets Tuesday, October 29, 2024. In conjunction with this announcement, Varonis will host a conference call Tuesday, October 29, 2024, at 4:30 p.m. ET to discuss the company's financial results. To access this call, dial 877-425-9470 (domestic) or 201-389-0878 (international). The conference ID number is 13749435. A replay of this conference call will be available through November 5, 2024, at 844-512-2921 (domestic) or 412-317-6671 (international). The replay passc
NEW YORK and SAN FRANCISCO, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS) today announced at Dreamforce 2024 new capabilities that help customers automatically identify and eliminate data security risks. With this new release, Varonis introduced four remediation features, adding to its library of powerful automations that help ensure always-on data security across your data estate. Unlike other tools that only surface problems, Varonis shows where sensitive data is at risk and solves issues at scale with automation. Varonis helps customers understand their Salesforce data security posture in real time and helps ensure only the right people can access sensitive dat
SC 13G/A - VARONIS SYSTEMS INC (0001361113) (Subject)
SC 13G/A - VARONIS SYSTEMS INC (0001361113) (Subject)
SC 13G/A - VARONIS SYSTEMS INC (0001361113) (Subject)
4 - VARONIS SYSTEMS INC (0001361113) (Issuer)
4 - VARONIS SYSTEMS INC (0001361113) (Issuer)
4 - VARONIS SYSTEMS INC (0001361113) (Issuer)
4 - VARONIS SYSTEMS INC (0001361113) (Issuer)
Annual recurring revenues grew 18% year-over-yearSaaS ARR as a percentage of total ARR was approximately 43%Year-to-date cash from operations generated $90.9 million vs. $49.0 million last yearYear-to-date free cash flow generated $88.6 million vs. $46.0 million last year NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), a leader in data security, today announced financial results for the third quarter ended September 30, 2024. Yaki Faitelson, Varonis CEO, said, "We are encouraged by the many tailwinds that are contributing to the strong growth in our business, and our third quarter results reflect the continued strong adoption of our SaaS platform and
NEW YORK, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), a leader in data security, announced that it will report its third quarter 2024 financial results following the close of the U.S. financial markets Tuesday, October 29, 2024. In conjunction with this announcement, Varonis will host a conference call Tuesday, October 29, 2024, at 4:30 p.m. ET to discuss the company's financial results. To access this call, dial 877-425-9470 (domestic) or 201-389-0878 (international). The conference ID number is 13749435. A replay of this conference call will be available through November 5, 2024, at 844-512-2921 (domestic) or 412-317-6671 (international). The replay passc
Annual recurring revenues grew 18% year-over-yearSaaS ARR as a percentage of total ARR was approximately 36%Year-to-date cash from operations generated $68.4 million vs. $42.6 million last yearYear-to-date free cash flow generated $67.3 million vs. $40.0 million last year NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), a leader in data security, today announced financial results for the second quarter ended June 30, 2024. Yaki Faitelson, Varonis CEO, said, "Our second quarter results reflect the growing momentum of our SaaS platform and recently introduced Managed Data Detection and Response offering, which helps customers automatically prevent data b
NEW YORK, May 17, 2022 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), a pioneer in data security and analytics, announced the expansion of its operations in the Asia-Pacific region with the appointment of country leadership in India, Singapore, and Japan. The new executives bring to Varonis more than 75 years of combined business development and sales leadership experience with leading technology and security companies. Maheswaran Shamugasundaram joins Varonis as the company's first country manager for India. Maheswaran brings more than two decades of security experience to this position. Before Varonis, he was the regional director at HelpSystems. Earlier, he was the regional d
DUBAI, United Arab Emirates, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (NASDAQ:VRNS), a pioneer in data security and analytics, and Multipoint Group, a leading distributor of Cyber Strong solutions, announced the signing of a distribution agreement to grow its footprint further in the Middle East (MEA) market. Multipoint will work to expand Varonis' market presence based on Multipoint's UAE office and its channel network. Organizations in the region will enjoy better access to Varonis' robust data protection solutions and Multipoint's knowledge and support. This new agreement expands the existing partnership between the two companies for distribution in the European Union. V
In the latest quarter, 4 analysts provided ratings for Varonis Systems (NASDAQ:VRNS), showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 3 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 1 0 0 Analysts have set 12-month price targets for Varonis Systems, revealing an average target of $54.25, a high estimate of $58.00, and a low estimate of $50.00. Witn
Barclays analyst Saket Kalia maintains Varonis Systems (NASDAQ:VRNS) with a Overweight and raises the price target from $53 to $55.
Varonis Systems's (NYSE:VRNS) short percent of float has risen 13.08% since its last report. The company recently reported that it has 9.39 million shares sold short, which is 10.81% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.77 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inter