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Varonis Systems, Inc. (VRNS)

Technology | Software - Infrastructure | Miami, United States | NasdaqGS
24.22 USD +0.32 (1.339%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 24.60 +0.38 (1.552%) ⇧ (April 17, 2026, 6:28 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 8:02 p.m. EDT

Varonis is a high-stakes paradox: the charts scream 'bearish trap' with price trading 40% below its 200-day average and massive earnings losses (-20% margins), yet the options market is quietly betting on a massive 2026 turnaround with heavy positioning for $35–$40 targets. The immediate future is dangerous; the elevated put IV and lack of dividends signal a volatile, defensive stance, making this a 'wait for the flush' rather than a buy. Investors should respect the fundamental deterioration (negative ROE, high debt-to-equity) while acknowledging the options market's high-conviction long-term bet on profitability restoration.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.358960
AutoARIMA0.359472
AutoTheta0.361765
AutoETS0.362253

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 36%
H-stat 1.93
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 2.58
Attribute Value
Sector Technology
Debt to Equity Ratio 87.153
Revenue per Share 5.45
Market Cap 2,855,472,896
Forward P/E 58.39
Beta 0.68
Profit Margins -20.74%
Website https://www.varonis.com

As of April 18, 2026, 8:02 p.m. EDT: Options flow presents a stark divergence between near-term uncertainty and long-term bullish aspirations. In the immediate 2026-04-17 expiration, Put/Call OI is nearly balanced (approx. 290 vs 847 total significant strikes combined with mixed vol), but the Implied Volatility for puts is massively inflated (2.34 vs 0.78 for calls), suggesting speculators are aggressively pricing in a near-term crash or protecting against a drop below $22.50. However, the longer-term expiration (2026-06-18) shows heavy call accumulation at $35 and $40 strikes (2.4k and 3.1k OI respectively) while put OI remains negligible, indicating a strong 'bet on the upside' sentiment for the 6-month horizon despite current volatility.


Info Dump

Attribute Value
52 Week Change -0.3855911
Address1 801 Brickell Avenue
All Time High 75.333336
All Time Low 4.416667
Ask 24.29
Ask Size 19
Audit Risk 1
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 2,372,360
Average Daily Volume3 Month 3,182,000
Average Volume 3,182,000
Average Volume10Days 2,372,360
Beta 0.675
Bid 24.13
Bid Size 10
Board Risk 6
Book Value 5.093
City Miami
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 24.22
Current Ratio 1.971
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 24.67
Day Low 23.86
Debt To Equity 87.153
Display Name Varonis Systems
Earnings Call Timestamp End 1,777,408,200
Earnings Call Timestamp Start 1,777,408,200
Earnings Timestamp 1,777,406,400
Earnings Timestamp End 1,777,406,400
Earnings Timestamp Start 1,777,406,400
Ebitda -134,205,000
Ebitda Margins -0.21523
Enterprise To Ebitda -18.221
Enterprise To Revenue 3.922
Enterprise Value 2,445,364,992
Eps Current Year 0.08325
Eps Forward 0.41483
Eps Trailing Twelve Months -1.13
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 23.3874
Fifty Day Average Change 0.83259964
Fifty Day Average Change Percent 0.03560035
Fifty Two Week Change Percent -38.55911
Fifty Two Week High 63.9
Fifty Two Week High Change -39.68
Fifty Two Week High Change Percent -0.62097025
Fifty Two Week Low 19.7
Fifty Two Week Low Change 4.5199986
Fifty Two Week Low Change Percent 0.22944154
Fifty Two Week Range 19.7 - 63.9
Financial Currency USD
First Trade Date Milliseconds 1,393,597,800,000
Float Shares 114,078,151
Forward Eps 0.41483
Forward P E 58.38536
Free Cashflow 215,746,880
Full Exchange Name NasdaqGS
Full Time Employees 2,658
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.78834
Gross Profits 491,558,016
Has Pre Post Market Data 1
Held Percent Insiders 0.0296
Held Percent Institutions 1.01707
Implied Shares Outstanding 117,897,309
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 2,855,472,896
Market State CLOSED
Max Age 86,400
Message Board Id finmb_21813301
Most Recent Quarter 1,767,139,200
Net Income To Common -129,324,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 2,844,583,923
Number Of Analyst Opinions 21
Open 24.42
Operating Cashflow 147,431,008
Operating Margins -0.17073
Overall Risk 5
Payout Ratio 0.0
Peg Ratio 7.38
Phone 877 292 8767
Post Market Change 0.37590027
Post Market Change Percent 1.5520242
Post Market Price 24.5959
Post Market Time 1,776,464,923
Previous Close 23.9
Price Eps Current Year 290.9309
Price Hint 2
Price To Book 4.7555466
Price To Sales Trailing12 Months 4.5795126
Profit Margins -0.20741
Quick Ratio 1.837
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.72727
Region US
Regular Market Change 0.32
Regular Market Change Percent 1.33891
Regular Market Day High 24.67
Regular Market Day Low 23.86
Regular Market Day Range 23.86 - 24.67
Regular Market Open 24.42
Regular Market Previous Close 23.9
Regular Market Price 24.22
Regular Market Time 1,776,456,000
Regular Market Volume 1,757,818
Return On Assets -0.052989997
Return On Equity -0.24531999
Revenue Growth 0.094
Revenue Per Share 5.45
Sand P52 Week Change 0.38150132
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 8
Shares Outstanding 117,447,726
Shares Percent Shares Out 0.0582
Shares Short 6,830,329
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 7,114,475
Short Name Varonis Systems, Inc.
Short Percent Of Float 0.0657
Short Ratio 3.12
Source Interval 15
State FL
Symbol VRNS
Target High Price 50.0
Target Low Price 27.0
Target Mean Price 33.42857
Target Median Price 30.0
Total Cash 920,966,016
Total Cash Per Share 7.841
Total Debt 521,747,008
Total Revenue 623,532,032
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.13
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 40.560177
Two Hundred Day Average Change -16.340178
Two Hundred Day Average Change Percent -0.40286258
Type Disp Equity
Volume 1,757,818
Website https://www.varonis.com
Zip 33,131