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MIAMI - Varonis Systems, Inc. (NASDAQ:VRNS), a $6.72 billion cybersecurity company with impressive gross profit margins of 81%, announced on Wednesday the release of Varonis Interceptor, a new email security solution designed to detect and block social engineering attacks using multi-layered artificial intelligence. According to InvestingPro data, the company’s stock is trading near its 52-week high of $62.11, reflecting strong market confidence in its strategic initiatives.
The new product aims to counter sophisticated phishing attempts, including those originating from trusted or compromised sources. According to the company, Interceptor employs specialized AI models including natural-language processing, computer vision, behavioral analysis, and an advanced phishing sandbox to identify and remove previously unknown threats from inboxes in real time. While currently unprofitable, InvestingPro analysts project the company will achieve profitability in 2025, with 12+ additional insights available to subscribers.
"Bad actors aren’t hacking computers, they’re hacking trust," said Yaki Faitelson, co-founder and CEO of Varonis, in a press release statement.
The solution is powered by technology from SlashNext, which Varonis acquired in September. SlashNext was founded by Atif Mushtaq, who previously helped develop FireEye’s malware sandbox technology.
Varonis Interceptor offers protection across multiple communication channels including email, Microsoft Teams, Slack, and WhatsApp. The company states the API-based system can be deployed in five minutes and includes automated remediation capabilities to remove threats and neutralize malicious links.
The product also features a virtual browser that simulates user actions to evaluate suspicious links and incorporates a continuously updated threat intelligence database.
Varonis Interceptor is available immediately and includes a retrospective analysis feature to identify threats that existing email security solutions may have missed.
In other recent news, Varonis Systems has reported strong financial performance for the second quarter of 2025, surpassing consensus expectations in revenue, annual recurring revenue (ARR), and free cash flow. The company has accelerated its transition to Software-as-a-Service (SaaS), with SaaS now accounting for 69% of its ARR, and aims to reach 82% by year-end. Following these results, RBC Capital raised its price target for Varonis Systems to $64 from $58, maintaining an Outperform rating, citing a 19% growth in ARR. Similarly, UBS increased its price target to $70 from $65, attributing this to positive customer and partner feedback, which supports Varonis’s competitive positioning and SaaS expansion. Truist Securities reiterated its Buy rating with a $60 price target after meetings with company executives, expressing a positive outlook on the company’s competitive stance. B.Riley initiated coverage with a Buy rating and an $80 price target, highlighting strong demand for data security solutions. Cantor Fitzgerald also maintained an Overweight rating and a $63 price target, acknowledging Varonis’s successful SaaS transition and financial performance. These developments reflect a generally favorable analyst sentiment towards Varonis Systems.
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