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Varonis Systems, Inc. (VRNS)

Technology | Software - Infrastructure | Miami, United States | NasdaqGS
43.92 USD -0.86 (-1.921%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 43.92

Short-term:★★⯪☆☆Long-term:★★★☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:57 a.m. EDT

The investment case for Varonis is fundamentally sound but currently punished by the market's skepticism regarding profitability. The company boasts exceptional long-term growth, with revenue expanding at 18% annually and a massive 532% cumulative gain over the last nine years, proving the business model works. However, the stock is trading at a forward P/E of nearly 100x while posting negative earnings and negative operating margins, creating a disconnect between the high-quality growth story and the current valuation. While the balance sheet remains healthy with strong free cash flow, the lack of GAAP profits keeps the long-term rating capped at a solid 3-star 'buy' rather than an exceptional 5-star 'hold'. In the short term, the sentiment is mixed; the statistical forecast model shows no directional bias, and options activity reveals a split personality among traders—some hedging against a drop while others speculate on a rebound. Until the company can demonstrate a path to consistent profitability, the stock will likely remain volatile, oscillating between its intrinsic value as a high-growth SaaS leader and the market's refusal to pay a premium for unproven earnings.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.152854
AutoETS0.152856
MSTL0.153790
AutoTheta0.169319

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 35%
H-stat 7.02
Ljung-Box p 0.000
Jarque-Bera p 0.084
Excess Kurtosis -1.51
Attribute Value
Sector Technology
Debt to Equity Ratio 118.871
Revenue per Share 5.938
Market Cap 5,044,672,512
Forward P/E 106.40
Beta 0.81
Profit Margins -20.55%
Website https://www.varonis.com

As of Aug. 22, 2026, 5:57 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put volume at strikes significantly below the current price, indicating a fear of a sharp downside correction. Conversely, call interest is concentrated at strikes well above the current level, suggesting a speculative bet on a recovery to higher valuations rather than immediate near-term momentum.


Info Dump

Attribute Value
52 Week Change -0.21217453
Address1 801 Brickell Avenue
All Time High 75.333336
All Time Low 4.416667
Ask 56.74
Ask Size 2
Audit Risk 1
Average Daily Volume10 Day 1,028,960
Average Daily Volume3 Month 1,932,650
Average Volume 1,932,650
Average Volume10Days 1,028,960
Beta 0.809
Bid 43.9
Bid Size 1
Board Risk 6
Book Value 3.87
City Miami
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 43.92
Current Ratio 1.645
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 45.05
Day Low 43.7903
Debt To Equity 118.871
Display Name Varonis Systems
Earnings Call Timestamp End 1,785,268,800
Earnings Call Timestamp Start 1,785,268,800
Earnings Timestamp 1,785,268,800
Earnings Timestamp End 1,793,131,200
Earnings Timestamp Start 1,793,131,200
Ebitda -130,704,000
Ebitda Margins -0.18995
Enterprise To Ebitda -37.296
Enterprise To Revenue 7.084
Enterprise Value 4,874,780,672
Eps Current Year 0.15124
Eps Forward 0.41277
Eps Trailing Twelve Months -1.19
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 42.6286
Fifty Day Average Change 1.2913971
Fifty Day Average Change Percent 0.030294146
Fifty Two Week Change Percent -21.217453
Fifty Two Week High 63.9
Fifty Two Week High Change -19.980003
Fifty Two Week High Change Percent -0.3126761
Fifty Two Week Low 19.7
Fifty Two Week Low Change 24.219997
Fifty Two Week Low Change Percent 1.2294414
Fifty Two Week Range 19.7 - 63.9
Financial Currency USD
First Trade Date Milliseconds 1,393,597,800,000
Float Shares 111,380,212
Forward Eps 0.41277
Forward P E 106.403076
Free Cashflow 138,683,008
Full Exchange Name NasdaqGS
Full Time Employees 2,658
Fullday Change -0.860001
Fullday Change Percent -1.9205
Fullday Price 43.92
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.77069
Gross Profits 530,305,984
Has Pre Post Market Data 1
Held Percent Insiders 0.02977
Held Percent Institutions 1.01591
Implied Shares Outstanding 114,860,485
Industry Software - Infrastructure
Industry Disp Software - Infrastructure
Industry Key software-infrastructure
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 1,615,766,400
Last Split Factor 3:1
Long Business Summary Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of worlds. The company offers Varonis Data Security Platform, a Software-as-a-Service solution which includes Data security posture management, Data access intelligence, Data discovery & classification, Discovery policy library, least privilege automation, Data activity monitoring, Data detection and response, and User & entity behavior analytics. It also provides Protection Packages, such as Microsoft 365, Windows & NAS, Hybrid, and Cloud Environments, as well as Database and Email Security Capabilities and On-Premises Subscription Products. It serves the financial services, public, healthcare, industrial, insurance, energy and utilities, technology, construction and engineering, education, and consumer and retail industries. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in Miami, Florida.
Long Name Varonis Systems, Inc.
Market us_market
Market Cap 5,044,672,512
Market State CLOSED
Max Age 86,400
Message Board Id finmb_21813301
Most Recent Quarter 1,782,777,600
Net Income To Common -141,380,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 5,143,452,518
Number Of Analyst Opinions 22
Open 44.52
Operating Cashflow 138,204,992
Operating Margins -0.22564
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 7.38
Phone 877 292 8767
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 43.92
Post Market Time 1,787,959,806
Previous Close 44.78
Price Eps Current Year 290.39935
Price Hint 2
Price To Book 11.348837
Price To Sales Trailing12 Months 7.331361
Profit Margins -0.20547001
Quick Ratio 1.401
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.860001
Regular Market Change Percent -1.9205
Regular Market Day High 45.05
Regular Market Day Low 43.7903
Regular Market Day Range 43.7903 - 45.05
Regular Market Open 44.52
Regular Market Previous Close 44.78
Regular Market Price 43.92
Regular Market Time 1,787,947,200
Regular Market Volume 1,508,640
Return On Assets -0.05718
Return On Equity -0.35974997
Revenue Growth 0.183
Revenue Per Share 5.938
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 8
Shares Outstanding 114,860,485
Shares Percent Shares Out 0.0718
Shares Short 8,242,696
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 7,963,390
Short Name Varonis Systems, Inc.
Short Percent Of Float 0.074
Short Ratio 4.3
Source Interval 15
State FL
Symbol VRNS
Target High Price 60.0
Target Low Price 28.0
Target Mean Price 50.68182
Target Median Price 52.5
Total Cash 698,265,984
Total Cash Per Share 6.079
Total Debt 528,374,016
Total Revenue 688,094,976
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.19
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 32.273624
Two Hundred Day Average Change 11.646374
Two Hundred Day Average Change Percent 0.3608635
Type Disp Equity
Volume 1,508,640
Website https://www.varonis.com
Zip 33,131