Varonis Systems stock hits 52-week high at 60.61 USD

Varonis Systems stock reached a notable milestone, hitting a 52-week high at 60.61 USD, marking an impressive 54.7% surge over the past six months. According to InvestingPro data, the company maintains strong gross profit margins of 81.5% and has achieved 14.3% year-over-year revenue growth. This achievement reflects a positive trajectory for the company, as the stock has experienced a 1-year change of 8.59%. The rise to this 52-week high underscores investor confidence in Varonis Systems, driven by its recent performance and market dynamics. However, InvestingPro analysis suggests the stock may be trading above its Fair Value. InvestingPro subscribers have access to 12 additional exclusive tips and comprehensive valuation metrics for VRNS. As the company continues to innovate in data security and analytics, market participants are closely watching how these factors will influence future stock performance. With a market capitalization of $6.8 billion and analysts projecting profitability this year, investors can access detailed analysis through the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Varonis Systems has reported strong financial results, exceeding consensus expectations in revenue, annual recurring revenue (ARR), and free cash flow for the second quarter of 2025. The company’s transition to Software-as-a-Service (SaaS) is progressing well, with SaaS now comprising 69% of ARR, and a target of 82% by the end of the year. RBC Capital has responded by raising its price target for Varonis Systems to $64, citing the 19% growth in ARR as a key factor. Similarly, UBS has increased its price target to $70, maintaining a Buy rating due to positive feedback from customer and partner checks. Truist Securities also reiterated its Buy rating, maintaining a $60 price target, following discussions with Varonis executives. B.Riley has initiated coverage with a Buy rating and an $80 price target, highlighting the robust demand for data security solutions. Cantor Fitzgerald continues to support Varonis with an Overweight rating and a $63 price target, underscoring the company’s competitive position in the industry. These developments reflect Varonis Systems’ strong performance and strategic advancements in the cybersecurity sector.

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