Varonis Systems, Inc. (VRNS)Technology | Software - Infrastructure | Miami, United States | NasdaqGS
47.20 USD
+1.81
(4.000%)
⇧
(July 14, 2026, 10:01 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:56 a.m. EDT
The recent price surge is a classic 'sell the news' setup fueled by speculative hype around potential acquisition rumors and AI partnerships, but the underlying business reality is starkly different. Revenue is growing at a healthy 27%, yet the company is burning cash with negative operating margins and a forward P/E of 116x based on tiny expected earnings. The market is pricing in a miracle turnaround, but the fundamentals show a company that is still not profitable. More concerning is the options flow: while the stock rallied recently, smart money is aggressively buying deep out-of-the-money puts, creating a massive hedge against a collapse. This disconnect between the euphoric headlines and the defensive positioning in the options chain suggests the rally is fragile. For long-term investors, the lack of profitability and the massive valuation premium make this a hold or sell, not a buy. There is no dividend to cushion the blow if the acquisition rumors fade. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.233152 |
| AutoETS | 0.233173 |
| MSTL | 0.237999 |
| AutoTheta | 0.253222 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 16.54 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.360 |
| Excess Kurtosis | -0.57 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 115.139 |
| Revenue per Share | 5.731 |
| Market Cap | 5,542,945,280 |
| Forward P/E | 122.94 |
| Beta | 0.83 |
| Profit Margins | -19.75% |
| Website | https://www.varonis.com |
As of July 11, 2026, 5:56 a.m. EDT: Speculators are positioning for significant volatility with a distinct skew toward downside protection. While call open interest is concentrated around the money and slightly out-of-the-money, put volume is exploding, particularly in the near term (July/August) where massive new flow is hitting strikes 35 and 40. This creates a 'strangle' environment where traders are betting on a sharp drop or a dead cat bounce, rather than a steady grind higher. The implied volatility is elevated on the puts, suggesting fear of a breakdown despite the recent price rally.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.098529994 |
| Address1 | 801 Brickell Avenue |
| All Time High | 75.333336 |
| All Time Low | 4.416667 |
| Ask | 57.12 |
| Ask Size | 2 |
| Audit Risk | 1 |
| Average Analyst Rating | 1.8 - Buy |
| Average Daily Volume10 Day | 2,004,080 |
| Average Daily Volume3 Month | 2,382,908 |
| Average Volume | 2,382,908 |
| Average Volume10Days | 2,004,080 |
| Beta | 0.828 |
| Bid | 33.59 |
| Bid Size | 2 |
| Board Risk | 6 |
| Book Value | 3.95 |
| City | Miami |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 3 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 47.195 |
| Current Ratio | 1.693 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 47.31 |
| Day Low | 44.2 |
| Debt To Equity | 115.139 |
| 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 | 1,785,268,800 |
| Earnings Timestamp Start | 1,785,268,800 |
| Ebitda | -131,850,000 |
| Ebitda Margins | -0.1997 |
| Enterprise To Ebitda | -37.516 |
| Enterprise To Revenue | 7.492 |
| Enterprise Value | 4,946,526,208 |
| Eps Current Year | 0.11874 |
| Eps Forward | 0.38388 |
| 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 | 34.0646 |
| Fifty Day Average Change | 13.130398 |
| Fifty Day Average Change Percent | 0.3854558 |
| Fifty Two Week Change Percent | -9.853 |
| Fifty Two Week High | 63.9 |
| Fifty Two Week High Change | -16.705002 |
| Fifty Two Week High Change Percent | -0.26142412 |
| Fifty Two Week Low | 19.7 |
| Fifty Two Week Low Change | 27.494999 |
| Fifty Two Week Low Change Percent | 1.3956852 |
| Fifty Two Week Range | 19.7 - 63.9 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,393,597,800,000 |
| Float Shares | 111,334,133 |
| Forward Eps | 0.38388 |
| Forward P E | 122.94207 |
| Free Cashflow | 181,249,504 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 2,658 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.78110003 |
| Gross Profits | 515,708,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.029779999 |
| Held Percent Institutions | 0.99527 |
| Implied Shares Outstanding | 117,447,727 |
| 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 | 5,542,945,280 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_21813301 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -130,395,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 5,209,117,985 |
| Number Of Analyst Opinions | 22 |
| Open | 44.43 |
| Operating Cashflow | 134,472,992 |
| Operating Margins | -0.25070998 |
| Overall Risk | 5 |
| Payout Ratio | 0.0 |
| Peg Ratio | 7.38 |
| Phone | 877 292 8767 |
| Previous Close | 45.38 |
| Price Eps Current Year | 397.46506 |
| Price Hint | 2 |
| Price To Book | 11.948101 |
| Price To Sales Trailing12 Months | 8.395412 |
| Profit Margins | -0.1975 |
| Quick Ratio | 1.476 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.75 |
| Region | US |
| Regular Market Change | 1.8149986 |
| Regular Market Change Percent | 3.999556 |
| Regular Market Day High | 47.31 |
| Regular Market Day Low | 44.2 |
| Regular Market Day Range | 44.2 - 47.31 |
| Regular Market Open | 44.43 |
| Regular Market Previous Close | 45.38 |
| Regular Market Price | 47.195 |
| Regular Market Time | 1,784,037,663 |
| Regular Market Volume | 314,375 |
| Return On Assets | -0.05686 |
| Return On Equity | -0.31755 |
| Revenue Growth | 0.269 |
| Revenue Per Share | 5.731 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 114,814,150 |
| Shares Percent Shares Out | 0.0675 |
| Shares Short | 7,752,940 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 9,702,927 |
| Short Name | Varonis Systems, Inc. |
| Short Percent Of Float | 0.0696 |
| Short Ratio | 3.34 |
| Source Interval | 15 |
| State | FL |
| Symbol | VRNS |
| Target High Price | 52.0 |
| Target Low Price | 28.0 |
| Target Mean Price | 38.36364 |
| Target Median Price | 37.0 |
| Total Cash | 785,908,992 |
| Total Cash Per Share | 6.845 |
| Total Debt | 522,168,992 |
| Total Revenue | 660,235,008 |
| 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 | 34.039875 |
| Two Hundred Day Average Change | 13.155125 |
| Two Hundred Day Average Change Percent | 0.38646218 |
| Type Disp | Equity |
| Volume | 314,375 |
| Website | https://www.varonis.com |
| Zip | 33,131 |