VARONIS SYSTEMS INC (VRNS) Forecast, Price Target & Analyst Ratings

NASDAQ:VRNS • US9222801022

Current stock price

21.21 USD
-0.62 (-2.84%)
At close:
21.21 USD
0 (0%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for VARONIS SYSTEMS INC (VRNS).

Forecast Snapshot

Consensus Price Target

Price Target
$35.03
+ 65.16% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
-$0.05
Revenue Estimate
168.81M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$35.03
Upside
+ 65.16%
From current price of $21.21 to mean target of $35.03, Based on 28 analyst forecasts
Low
$27.27
Median
$30.60
High
$52.50

Price Target Revisions

1 Month
-27.35%
3 Months
-33.74%

Price Target Summary

28 Wall Street analysts provided a forecast for the next 12 months for VRNS. The average price target is 35.03 USD. This implies a price increase of 65.16% is expected in the next year compared to the current price of 21.21.
The average price target has been revised downward by 33.74% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

VRNS Current Analyst RatingVRNS Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

VRNS Historical Analyst RatingsVRNS Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
VRNS was analyzed by 28 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about VRNS.
In the previous month the buy percentage consensus was at a similar level.
VRNS was analyzed by 28 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-23William BlairDowngrade Outperform -> Market Perform
2026-03-03Wells FargoInitiate Overweight
2026-02-05DA DavidsonUpgrade Neutral -> Buy
2026-02-04Cantor FitzgeraldMaintains Overweight -> Overweight
2026-02-04DA DavidsonMaintains Neutral -> Neutral
2026-02-04NeedhamMaintains Buy -> Buy
2026-02-04B. Riley SecuritiesMaintains Buy -> Buy
2026-02-04WedbushMaintains Outperform -> Outperform
2026-02-04Truist SecuritiesMaintains Buy -> Buy
2026-02-04JP MorganMaintains Overweight -> Overweight
2026-02-04CitigroupMaintains Neutral -> Neutral
2026-01-26JP MorganMaintains Overweight -> Overweight
2026-01-26Morgan StanleyDowngrade Overweight -> Equal-Weight
2026-01-05RBC CapitalMaintains Outperform -> Outperform
2026-01-05BarclaysMaintains Overweight -> Overweight
2026-01-05Piper SandlerUpgrade Neutral -> Overweight
2025-12-30Stephens & Co.Initiate Equal-Weight
2025-11-03CitigroupMaintains Neutral -> Neutral
2025-10-29Cantor FitzgeraldMaintains Overweight -> Overweight
2025-10-29DA DavidsonMaintains Neutral -> Neutral
2025-10-29UBSMaintains Buy -> Buy
2025-10-29NeedhamMaintains Buy -> Buy
2025-10-29RBC CapitalMaintains Outperform -> Outperform
2025-10-29SusquehannaMaintains Positive -> Positive
2025-10-29Truist SecuritiesReiterate Buy -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
-$0.05
Revenue Estimate
168.81M
Revenue Q2Q
23.74%
EPS Q2Q
-609.49%
Number of Analysts
23

Next Earnings Revisions

Revenue (1 Month)
-0.04%
Revenue (3 Months)
0.99%
EPS (1 Month)
-29.91%
EPS (3 Months)
-225.57%

Next Earnings Summary

VRNS is expected to report earnings on 5/4/2026. The consensus EPS estimate for the next earnings is -0.05 USD and the consensus revenue estimate is 168.81M USD.
The next earnings revenue estimate has been revised upward by 0.99% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2033

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033
Revenue
YoY % growth
VRNS revenue by date.VRNS revenue by date.
499.16M
5.40%		550.95M
10.38%		623.532M
13.17%		741.16M
18.86%		872.99M
17.79%		1.012B
15.92%		1.072B
5.93%		1.184B
10.45%		1.303B
10.05%		1.42B
8.98%		1.534B
8.03%
EBITDA
YoY % growth
VRNS ebitda by date.VRNS ebitda by date.
-105.52M
3.21%		-106.525M
-0.95%		-134.205M
-25.98%		22.319M
116.63%		76.047M
240.73%		108.74M
42.99%		171.08M
57.33%		264.14M
54.40%		185.22M
-29.88%		264.21M
42.65%		342.55M
29.65%
EBIT
YoY % growth
VRNS ebit by date.VRNS ebit by date.
-117.223M
3.28%		-117.651M
-0.37%		-146.514M
-24.53%		3.68M
102.51%		51.487M
1,299.10%		100.91M
95.99%		N/AN/AN/AN/AN/A
Operating Margin
VRNS operating margin by date.VRNS operating margin by date.
-23.48%-21.35%-23.50%0.50%5.90%9.97%N/AN/AN/AN/AN/A
EPS
YoY % growth
VRNS eps by date.VRNS eps by date.
0.36
111.76%		0.30
-16.67%		0.18
-40.00%		0.10
-42.46%		0.43
311.57%		0.83
93.92%		1.35
62.86%		1.88
39.39%		2.17
15.76%		2.61
20.19%		3.12
19.53%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		-0.05
-609.49%		0.02
-48.49%		0.05
-16.05%		0.08
4.00%		0.07
240.38%		0.10
553.86%		0.13
159.34%		0.15
84.76%		0.11
56.87%		0.18
81.71%		0.21
63.99%		0.24
59.25%
Revenue
Q2Q % growth		168.81M
23.74%		179.91M
18.24%		190.26M
17.75%		201.81M
16.40%		204.7M
21.26%		213.7M
18.78%		223.32M
17.38%		234.11M
16.01%		248.5M
21.40%		255.92M
19.76%		263.19M
17.85%		271.3M
15.89%
EBITDA
Q2Q % growth		-7.804M
81.13%		974.712K
103.09%		7.019M
125.09%		14.092M
178.49%		9.196M
217.84%		16.238M
1,565.93%		20.713M
195.10%		26.166M
85.68%		12.73M
38.43%		23.684M
45.86%		28.784M
38.97%		36.445M
39.28%
EBIT
Q2Q % growth		-10.425M
76.18%		-1.019M
97.21%		4.548M
112.66%		10.479M
134.63%		7.06M
167.72%		10.949M
1,174.61%		14.71M
223.44%		19.063M
81.92%		9.568M
35.52%		20.645M
88.56%		25.245M
71.62%		30.998M
62.61%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

VRNS Yearly Revenue VS EstimatesVRNS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 500M 1B 1.5B
VRNS Yearly EPS VS EstimatesVRNS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 1 2 3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
66.22%
EPS Next 5 Year
59.82%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
17.05%
Revenue Next 5 Year
13.41%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
155.26%
EBIT Next 5 Year
106.50%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

VARONIS SYSTEMS INC / VRNS Forecast FAQ

What do analysts expect the price target to be for VARONIS SYSTEMS INC (VRNS)?

28 analysts have analysed VRNS and the average price target is 35.03 USD. This implies a price increase of 65.16% is expected in the next year compared to the current price of 21.21.

What is the next earnings date for VRNS stock?

VARONIS SYSTEMS INC (VRNS) will report earnings on 2026-05-04, after the market close.

What are the consensus estimates for VRNS stock next earnings?

The consensus EPS estimate for the next earnings of VARONIS SYSTEMS INC (VRNS) is -0.05 USD and the consensus revenue estimate is 168.81M USD.

What is the consensus rating for VARONIS SYSTEMS INC (VRNS) stock?

The consensus rating for VARONIS SYSTEMS INC (VRNS) is 80 / 100 . This indicates that analysts generally have a positive outlook on the stock.