Varonis Systems Inc (VRNS) Stock Forecast & Predictions

Varonis Systems Inc VRNS: $52.81

1250 Broadway, 29th Floor, New York, New York, US. | Sector: Information | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.varonis.com/

  • Market Cap$5.86B
  • Change (52 Weeks)161.05%
  • Low (52 Weeks)$20.62
  • Varonis Systems Inc (VRNS) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 18.75% are on Buy, 31.25% on Sell, and 50.00% Neutral.

    According to the market data, Varonis Systems Inc (VRNS) stock price is $52.81 and the 52 weeks low is $20.62, which means the Varonis Systems Inc stock price is up 161.05% in the last 12 months.

    Varonis Systems Inc (VRNS) Stock Price has been Trending Strongly with an ADX reading of 46.24 as per the Weekly Chart.

    A Upward trend indicates that Varonis Systems Inc (VRNS) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 18.75% are indicating that VRNS Stock price might rise further, 31.25% indicating that VRNS Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall VRNS stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Varonis Systems Inc (VRNS) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Varonis Systems Inc (VRNS) is based on 24 Institutional Analyst Ratings where 66.67% are on Strong Buy, 20.83% on Moderate Buy, 12.50% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 24 Institutional Analysts, majority recommended VRNS stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Varonis Systems Inc.

    Varonis Systems Inc (VRNS) Stock Price Prediction By Analysts


    HighLowAverage
    $88.55$51.17$72.82
    $72.8237.89% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for VRNS set by the institutional analysts is $72.82 where High Estimate is $88.55, Median $74.1199218 and Low $51.17.

    The average price target for VRNS by Institutional Analysts is $72.82, which is 37.89% Upside from the current price. So according to the Institutional Analysts, VRNS Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Varonis Systems Inc (VRNS) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 385,350 investor portfolio.

    Our algorithm has analysed 385,350 investor portfolio with VRNS stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about VRNS and holding their positions hoping for a further rise in the stock price and more profit.

    Varonis Systems Inc (VRNS) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    FBN SecuritiesOutperformInitiated
    UBSBuyInitiated
    Morgan StanleyOverweightMaintained
    BerenbergBuyUpgraded
    DA DavidsonBuyMaintained
    WedbushOutperformMaintained
    Truist SecuritiesBuyMaintained
    RBC CapitalOutperformMaintained
    NeedhamBuyMaintained
    JMP SecuritiesOutperformMaintained
    Craig-HallumBuyMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightDowngraded
    JP MorganOverweightUpgraded
    WedbushOutperformMaintained
    Piper SandlerOverweightMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    Craig-HallumBuyUpgraded
    BenchmarkBuyMaintained
    WedbushOutperformMaintained
    NeedhamBuyMaintained
    WedbushOutperformMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    Craig-HallumHoldMaintained
    SunTrust Robinson HumphreyBuyInitiated
    BairdNeutralDowngraded
    BarclaysOverweightMaintained
    NeedhamBuyMaintained
    JP MorganOverweightInitiated
    Piper SandlerOverweightInitiated
    BerenbergHoldInitiated
    BarclaysOverweightUpgraded
    NeedhamBuyMaintained
    RBC CapitalOutperformMaintained
    WedbushOutperformMaintained
    Morgan StanleyOverweightMaintained
    JMP SecuritiesMarket OutperformMaintained
    Craig-HallumHoldDowngraded
    OppenheimerOutperformMaintained
    JMP SecuritiesMarket OutperformUpgraded
    DA DavidsonBuyMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    William BlairOutperformInitiated
    Morgan StanleyOverweightMaintained
    NeedhamBuyMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightUpgraded
    Craig-HallumBuyUpgraded
    BarclaysEqual-WeightMaintained
    WedbushOutperformMaintained
    BenchmarkBuyUpgraded
    WedbushOutperformUpgraded
    Stifel NicolausHoldMaintained
    Morgan StanleyEqual-WeightMaintained
    Stifel NicolausHoldDowngraded
    JMP SecuritiesMarket PerformDowngraded
    Craig-HallumHoldDowngraded
    BenchmarkHoldDowngraded
    Craig-HallumBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    WedbushNeutralInitiated
    BairdOutperformInitiated
    NeedhamBuyMaintained
    Stifel NicolausBuyMaintained
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    JMP SecuritiesMarket OutperformMaintained
    Imperial CapitalOutperformMaintained
    DA DavidsonBuyMaintained
    BarclaysEqual-WeightMaintained
    Stifel NicolausBuyMaintained
    DA DavidsonBuyInitiated
    Imperial CapitalOutperformMaintained
    Stifel NicolausBuyMaintained
    JMP SecuritiesMarket OutperformMaintained
    BarclaysEqual-WeightMaintained
    OppenheimerOutperformInitiated
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    Morgan StanleyEqual-WeightUpgraded
    NeedhamBuyInitiated
    BenchmarkBuyInitiated
    Stifel NicolausBuyUpgraded
    NeedhamBuyUpgraded
    JMP SecuritiesMarket OutperformMaintained
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    Stephens & Co.OverweightMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Brean CapitalBuyInitiated
    Lake StreetBuyInitiated
    Imperial CapitalOutperformMaintained
    Stifel NicolausHoldInitiated
    Morgan StanleyUnderweightDowngraded
    JefferiesBuyMaintained
    JMP SecuritiesMarket OutperformMaintained
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    JefferiesBuyMaintained
    BarclaysEqual-WeightMaintained
    JMP SecuritiesMarket OutperformMaintained
    BarclaysEqual-weightDowngraded
    JefferiesBuyMaintained
    JefferiesBuyInitiated
    BarclaysOverweightMaintained
    JMP SecuritiesOutperformInitiated
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    JefferiesBuyMaintained
    Imperial CapitalOutperformInitiated
    BarclaysOverweightUpgraded
    RBC CapitalOutperformInitiated
    NeedhamBuyInitiated
    Morgan StanleyEqual-WeightInitiated
    JefferiesBuyInitiated
    BarclaysEqual-WeightInitiated

    Varonis Systems Inc (VRNS) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.043
    The average consensus EPS for VRNS is $-0.043 with a high estimate of $-0.020 and Low of $-0.078 for the period 2021-06-30 and based on 18 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.06$-0.128305800000000032020-09-30


    The latest average Earning Per Share Estimate for Varonis Systems Inc is $-0.04, which is lower than VRNS's last EPS, $0.06. This means that Analysts are expecting Varonis Systems Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Varonis Systems Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.06$-0.128305800000000032020-09-30
    $-0.15$-0.35870342020-06-30
    $-0.56$-0.60007620000000012020-03-31
    $-0.09$-0.073368599999999992019-12-31
    $-0.16$-0.34971722019-09-30
    $-0.3$-0.322322019-06-30
    $-0.38$-0.37375862019-03-31
    $0.54$0.34172018-12-31
    $0.05$-0.00314162018-09-30
    $-0.08$-0.05015342018-06-30
    $-0.22$-0.317770799999999962018-03-31
    $0.36$0.293943599999999972017-12-31
    $0.06$-0.002042017-09-30
    $0.01$-0.08438462017-06-30
    $-0.23$-0.306928200000000042017-03-31
    $0.24$0.21080342016-12-31
    $-0.03$-0.108487199999999992016-09-30
    $-0.12$-0.17061542016-06-30
    $-0.29$-0.39965642016-03-31
    $0.17$0.14651282015-12-31
    $-0.1$-0.176459999999999982015-09-30
    $-0.18$-0.30032882015-06-30
    $-0.44$-0.418199999999999962015-03-31
    $0.06$0.04419662014-12-31
    $-0.21$-0.21128282014-09-30
    $-0.15$-0.17169662014-06-30
    $-0.3$-0.44372014-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).