On May 7, 2025, Varonis Systems (VRNS, Financial), a leading player in data security and analytics, received an update from RBC Capital. The analyst, Matthew Hedberg, has maintained the "Outperform" rating for the stock. This rating indicates a strong positive outlook for Varonis Systems among investors.
In addition to maintaining the rating, RBC Capital has revised the price target for Varonis Systems (VRNS, Financial). The new price target is set at $58.00, up from the previous target of $55.00. This adjustment represents a 5.45% increase from the prior target, reflecting confidence in the company's potential for growth.
Varonis Systems (VRNS, Financial) continues to be a focal point for investors looking for robust growth in the data security sector. As the company strengthens its market position, this revised price target and sustained positive rating could further influence investor sentiment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Varonis Systems Inc (VRNS, Financial) is $55.41 with a high estimate of $85.00 and a low estimate of $39.21. The average target implies an upside of 21.13% from the current price of $45.75. More detailed estimate data can be found on the Varonis Systems Inc (VRNS) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Varonis Systems Inc's (VRNS, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Varonis Systems Inc (VRNS, Financial) in one year is $52.24, suggesting a upside of 14.2% from the current price of $45.745. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Varonis Systems Inc (VRNS) Summary page.
