Varonis Systems (VRNS) Stock

On January 21, 2025, Varonis Systems, Inc. (Nasdaq: VRNS), a top company in data security, announced that it has been recognized as a Leader and Outperformer in the GigaOm Radar Report for Data Security Platforms. The report highlighted Varonis's strong position in the Maturity/Platform Play quadrant, noting its ongoing leadership in the industry.

We have put together a list of 13 AI news and ratings that Wall Street is paying attention to. In this article, we will examine how Varonis Systems, Inc. (NASDAQ:VRNS) compares to other AI stocks that are on Wall Street's radar. In his recent memo titled "On Bubble Watch," Howard Marks, who is a co-founder and co-chairman of [...]

NEW YORK, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS), a top company in data security, has announced that it will release its financial results for the fourth quarter of 2024 after the U.S. markets close on Tuesday, February 4, 2025.

Varonis (VRNS) has formed a hammer chart pattern, suggesting that the stock has found support after a recent decline. Additionally, an increase in earnings estimate revisions may signal a potential trend reversal for the stock soon.

Varonis (VRNS) has received a Zacks Rank #2 (Buy) upgrade, indicating increased confidence in the company's potential earnings. This could lead to a rise in the stock price in the short term.

Qualys and Varonis Systems are included in the Zacks Industry Outlook report.

Companies in the Zacks Security industry, like QLYS and VRNS, benefit from the rise in data breaches, which leads businesses to look for complete IT security solutions.

I maintain a buy rating for Varonis Systems (VRNS) because the recent drop in share price to $48 offers a good opportunity for investors. The company's fundamentals are solid, with increasing revenue growth, better EBITDA margins, and a successful shift to SaaS, even though there is some weakness in the Federal sector. The new MDDR product is boosting SaaS adoption and growth, providing strong ransomware protection and serving as an important factor for future growth.

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) has announced that it has extended its data security services to include Databricks. This new integration enhances Varonis' ability to continuously find and categorize important data, eliminate vulnerabilities, and identify threats within the Databricks Data Intelligence Platform.