Varonis Systems, Inc. (VRNS)

Over the past six months, Varonis Systems (VRNS) stock has experienced several events impacting its price. In Q1 2025, Varonis reported results in line with expectations, but Q2 guidance was slightly below estimates. In Q2 2025, the company posted strong earnings that surpassed expectations, leading to a share price increase. Analyst ratings and price target adjustments occurred from various firms, with most maintaining positive ratings. Product launches in October 2025, including AI identity protection for Salesforce Agentforce and Varonis Interceptor, highlighted the company's innovation. The ongoing transition to a Software-as-a-Service (SaaS) model has been a key factor. As of October 24, 2025, shares were trading at $62.3, up 6.5% over the last 52-week period.

Varonis Systems's revenue can exhibit some seasonality, though the company's ongoing transition to a Software-as-a-Service (SaaS) model is influencing these patterns. Historically, the impact of the shift to SaaS has been more pronounced in Q4. The company's move to a subscription-based model aims to create more predictable, recurring revenue streams. The demand for data security and analytics solutions is generally driven by the continuous evolution of cyber threats, increasing regulatory compliance requirements, and the growing adoption of cloud storage and AI in business processes.

Varonis Systems, Inc. is a software company specializing in data security and analytics, offering solutions to protect unstructured and sensitive data. The company's core business revolves around its Data Security Platform, which analyzes data and user activity to identify data exposure risks, detect insider threats, and prevent cyberattacks. Varonis focuses on protecting sensitive files, emails, databases, personal data, financial records, source code, and other intellectual property for organizations. Major products and services include the Data Security Platform, Data Advantage, Data Privilege, Data Classification Engine, Data Alert, Data Transport Engine, Data Answers, Managed Data Detection and Response (MDDR), AI Identity Protection for Salesforce Agentforce, and Varonis Interceptor. Varonis serves a diverse range of sectors, including healthcare, financial services, manufacturing, US Federal, public, industrial, technology, energy and utilities, consumer and retail, education, construction, and media and entertainment.

Varonis Systems, Inc. has a global presence, operating in North America, Europe, Asia, Australia, and the Middle East and Africa. The company's headquarters are in Miami, Florida, U.S., with R&D offices located in Herzliya, Israel. As of 2024, Varonis serves customers in 95 countries.

Varonis Systems generally maintains a strong brand reputation within the data security market. Varonis was recognized on CRN's 2025 Security 100 List for excellence in data security. The company is recognized as a leader and "customer favorite" in data security. Varonis's focus on AI-powered data security solutions has positively impacted its reputation. Collaboration with channel partners enhances the company's reputation. The ongoing challenge of data security could imply perceived vulnerabilities in the broader cybersecurity landscape.

Varonis Systems, Inc. is primarily owned by institutional investors. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., and Goldman Sachs Group Inc. Erez Shachar is the largest individual shareholder, owning 11.93 million shares, representing 10.65% of the company.