- Investing.com
Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of world. Its software protects structured and unstructured data in SaaS, IaaS, and on-premises. In the cloud, the company secures data and resources in AWS, Microsoft Azure, and Google Cloud and in SaaS applications including Salesforce, Snowflake, ServiceNow, Microsoft 365, Google Drive, Box, and others; and On-premises, it supports Windows, NAS, and Linux storage. In addition, it offers Varonis' Managed Data Detection and Response service that identifies threats to data. It uses AI-powered detection technology to investigate and respond to threats. The company works with organizations that include financial services, healthcare, manufacturing, technology, insurance, energy and utilities, consumer and retail, education, construction, and the public sector. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in Miami, Florida.
SaaS Transformation | Varonis Systems accelerates its transition to a SaaS model, aiming for 80% SaaS mix by year-end, reshaping its business strategy and market positioning |
AI-Driven Innovation | Discover how Varonis leverages AI in cybersecurity, introducing advanced solutions like AI Shield and Agentic AI to address evolving data protection challenges |
Market Opportunities | Explore Varonis' strong position in MDDR and DSPM markets, with high customer retention rates and potential for expansion in the growing data security landscape |
Financial Outlook | Analysts project profitability by 2025, with price targets ranging from $50 to $65, reflecting optimism about Varonis' growth potential in the cybersecurity secto |
Metrics to compare | VRNS | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipVRNSPeersSector | |
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P/E Ratio | −66.1x | −23.2x | 12.0x | |
PEG Ratio | 4.68 | −0.19 | 0.01 | |
Price/Book | 19.9x | 2.1x | 2.4x | |
Price / LTM Sales | 11.4x | 7.3x | 2.4x | |
Upside (Analyst Target) | 5.4% | 34.6% | 14.4% | |
Fair Value Upside | Unlock | −0.7% | 2.2% | Unlock |