Varonis Systems, Inc. (VRNS)
Varonis Systems: Share Price Weakness Is Not Due To Poor Demand
I maintain a buy rating on Varonis Systems, despite the recent share price drop due to short-term concerns over flat ARR growth and weaker margins. VRNS's SaaS transition is ahead of schedule, and expected to be completed by FY25, which should drive strong growth acceleration and profitability improvements post-transition. AI-driven security solutions like MDDR and CoPilot are gaining traction, contributing to higher ASPs and larger deal sizes, indicating robust long-term demand.
How Much Upside is Left in Varonis (VRNS)? Wall Street Analysts Think 25.21%
The consensus price target hints at a 25.2% upside potential for Varonis (VRNS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Varonis Systems, Inc. (VRNS) Q4 2024 Earnings Call Transcript
Varonis Systems, Inc. (NASDAQ:VRNS ) Q4 2024 Earnings Conference Call February 4, 2025 4:30 PM ET Company Participants Tim Perz - IR Yaki Faitelson - CEO Guy Melamed - CFO and COO Conference Call Participants Mike Richards - RBC Capital Markets Hamza Fodderwala - Morgan Stanley Saket Kalia - Barclays Brian Essex - JPMorgan Joel Fishbein - Truist Securities Joseph Gallo - Jefferies Roger Boyd - UBS Shaul Eyal - TD Cowen Rob Owens - Piper Sandler Jason Ader - William Blair Andrew Nowinski - Wells Fargo Rudy Kessinger - D.A. Davidson Shrenik Kothari - Robert W.
Varonis (VRNS) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Varonis (VRNS) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Varonis Systems (VRNS) Q4 Earnings Top Estimates
Varonis Systems (VRNS) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.27 per share a year ago.
Here's Why Varonis (VRNS) Is a Great 'Buy the Bottom' Stock Now
Varonis (VRNS) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Varonis (VRNS) Upgraded to Buy: What Does It Mean for the Stock?
Varonis (VRNS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Varonis Systems: Price Drop Is An Attractive Entry Point As Fundamentals Remain Strong
I reiterate a buy rating for Varonis Systems (VRNS) as the recent share price dip to $48 presents an attractive entry point for investors. VRNS fundamentals remain strong with accelerating revenue growth, improving EBITDA margins, and successful SaaS transition, despite slight weakness in the Federal sector. The new MDDR product drives SaaS adoption and growth, offering strong protection against ransomware, and is a key catalyst for future expansion.
What Makes Varonis (VRNS) a New Buy Stock
Varonis (VRNS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Varonis Systems, Inc. (VRNS) Q3 2024 Earnings Call Transcript
Varonis Systems, Inc. (NASDAQ:VRNS ) Q3 2024 Results Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Tim Perz - Vice President of Investor Relations Yaki Faitelson - Chief Executive Officer, President, Co-Founder and Chairman Guy Melamed - Chief Financial Officer and Chief Operating Officer Conference Call Participants Matthew Hedberg - RBC Capital Markets Hamza Fodderwala - Morgan Stanley Saket Kalia - Barclays Capital Brian Essex - J.P. Morgan Joel Fishbein - Truist Securities Fatima Boolani - Citibank Roger Boyd - UBS Andrew Nowinski - Wells Fargo Joseph Gallo - Jefferies Jason Ader - William Blair Rob Owens - Piper Sandler Joshua Tilton - Wolfe Research Rudy Kessinger - D.A.
Compared to Estimates, Varonis (VRNS) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Varonis (VRNS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Varonis Systems (VRNS) Q3 Earnings and Revenues Beat Estimates
Varonis Systems (VRNS) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.08 per share a year ago.
