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Varonis Systems Inc has a consensus price target of $54.53 based on the ratings of 20 analysts. The high is $70 issued by UBS on October 23, 2024. The low is $26 issued by Jefferies on January 5, 2023. The 3 most-recent analyst ratings were released by RBC Capital, Piper Sandler, and JP Morgan on October 30, 2024, October 30, 2024, and October 28, 2024, respectively. With an average price target of $61.67 between RBC Capital, Piper Sandler, and JP Morgan, there's an implied 23.41% upside for Varonis Systems Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Varonis Systems (NASDAQ:VRNS) was reported by RBC Capital on October 30, 2024. The analyst firm set a price target for $65.00 expecting VRNS to rise to within 12 months (a possible 30.08% upside). 39 analyst firms have reported ratings in the last year.
The latest analyst rating for Varonis Systems (NASDAQ:VRNS) was provided by RBC Capital, and Varonis Systems reiterated their outperform rating.
The last upgrade for Varonis Systems Inc happened on July 30, 2024 when Baird raised their price target to $60. Baird previously had a neutral for Varonis Systems Inc.
The last downgrade for Varonis Systems Inc happened on January 18, 2024 when DA Davidson changed their price target from $37 to $45 for Varonis Systems Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Varonis Systems, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Varonis Systems was filed on October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.
While ratings are subjective and will change, the latest Varonis Systems (VRNS) rating was a reiterated with a price target of $65.00 to $65.00. The current price Varonis Systems (VRNS) is trading at is $49.97, which is out of the analyst’s predicted range.
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