NASDAQ:VRNS

Varonis Systems (VRNS) Price Target & Analyst Ratings

$24.84

+0.83 (+3.46%)

(As of 05/18/2023 ET)

Compare

Today's Range: $24.09
▼
$24.93
50-Day Range: $22.44
▼
$26.85
52-Week Range: $15.61
▼
$35.38

Volume: 861,321 shs
Average Volume: 1.11 million shs
Market Capitalization: $2.73 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $31.00

Varonis Systems Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 21 Analyst Ratings

Consensus Analyst Price Target

$30.95
24.59% Upside

High Prediction	$63.00
Average Prediction	$30.95
Low Prediction	$20.00

Type	Current 5/18/22 to 5/18/23	1 Month Ago 4/18/22 to 4/18/23	3 Months Ago 2/17/22 to 2/17/23	1 Year Ago 5/18/21 to 5/18/22
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	9 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	12 Buy rating(s)
Hold	11 Hold rating(s)	11 Hold rating(s)	10 Hold rating(s)	1 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$30.95	$30.94	$30.76	$60.23
Predicted Upside	24.59% Upside	17.52% Upside	16.20% Upside	31.59% Upside

Get Varonis Systems Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for VRNS and its competitors with MarketBeat's FREE daily newsletter.

VRNS Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

VRNS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Varonis Systems Stock vs. The Competition

Type	Varonis Systems	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.38	2.55	2.48
Consensus Rating	Hold	Buy	Hold
Predicted Upside	26.52% Upside	293.36% Upside	167.45% Upside
News Sentiment Rating	Positive News	Neutral News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/18/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Initiates
5/17/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$30.00	+24.95%
4/20/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$32.00	+29.29%
3/15/2023	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform	$63.00	+147.06%
3/15/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform	$31.00	+21.57%
3/15/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$29.00 ➝ $30.00	+17.65%

3/15/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Andrew Nowinski Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Equal Weight	$26.00	+1.96%
2/8/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$25.00 ➝ $27.00	-6.18%
2/7/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Ader Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform
2/7/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight	$22.00 ➝ $24.00	-11.01%
2/7/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral	$23.00 ➝ $25.00	-4.69%
2/2/2023	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
1/30/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral	$30.00	+12.23%
1/24/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underweight	$25.00	-3.10%
1/9/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$40.00 ➝ $35.00	+51.25%
1/5/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$30.00 ➝ $26.00	+6.34%
11/1/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$53.00 ➝ $35.00	+30.74%
11/1/2022	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$35.00 ➝ $22.00	-17.82%
11/1/2022	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Ives Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$40.00 ➝ $20.00	-25.29%
8/2/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$51.00 ➝ $46.00	+64.05%
7/25/2022	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Peer Perform

(Data available from 5/18/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

VRNS Price Target - Frequently Asked Questions

What is Varonis Systems's consensus rating and price target?: According to the issued ratings of 21 analysts in the last year, the consensus rating for Varonis Systems stock is Hold based on the current 1 sell rating, 11 hold ratings and 9 buy ratings for VRNS. The average twelve-month price prediction for Varonis Systems is $30.95 with a high price target of $63.00 and a low price target of $20.00. Learn more on VRNS's analyst rating history.
Do Wall Street analysts like Varonis Systems more than its competitors?: Analysts like Varonis Systems less than other Computer and Technology companies. The consensus rating for Varonis Systems is Hold while the average consensus rating for computer and technology companies is Buy. Learn more on how VRNS compares to other companies.
Is Varonis Systems being upgraded by Wall Street analysts?: Over the previous 90 days, Varonis Systems's stock had 1 upgrade by analysts.

Does Varonis Systems's stock price have much upside?: According to analysts, Varonis Systems's stock has a predicted upside of 18.49% based on their 12-month price targets.
What analysts cover Varonis Systems?: Varonis Systems has been rated by 22nd Century Group, Barclays, DA Davidson, JMP Securities, Royal Bank of Canada, Stephens, and Wells Fargo & Company in the past 90 days.

Stock Ratings Reports and Tools

Related Companies:

Today's Ratings:

Top Rated Stocks:

More Ratings Tools:

This page (NASDAQ:VRNS) was last updated on 5/18/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial