US · VRNS
Varonis Systems, Inc.
- Sector
- Technology · Software - Infrastructure
- Headquarters
- New York City, NY 10001
- Website
- varonis.com
Price · as of 2025-12-31
$26.50
Market cap 2.72B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $38.72 | +46.11% |
| Intrinsic Value(DCF) | $10.77 | -59.36% |
| Graham-Dodd Method(GD) | — | — |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | |||||
| 2012 | $0.00 | $0.00 | |||
| 2013 | $17.83 | $43.50 | $125.66 | $0.00 | $0.00 |
| 2014 | $9.92 | $2,792.53 | $134.40 | $0.00 | $0.00 |
| 2015 | $6.07 | $34.16 | $71.08 | $0.00 | $0.00 |
| 2016 | $9.13 | $83.13 | $79.69 | $0.00 | $0.00 |
| 2017 | $19.40 | $35.59 | $116.52 | $0.39 | $0.00 |
| 2018 | $19.30 | $35.87 | $103.37 | $0.00 | $0.00 |
| 2019 | $25.38 | $44.14 | $0.00 | $0.00 | $0.00 |
| 2020 | $58.50 | $52.08 | $0.00 | $0.00 | $0.00 |
| 2021 | $40.39 | $63.99 | $5.85 | $0.00 | $0.00 |
| 2022 | $24.30 | $36.02 | $26.74 | $0.00 | $0.00 |
| 2023 | $49.81 | $42.74 | $8.62 | $0.00 | $0.00 |
| 2024 | $40.74 | $38.71 | $2.21 | $0.00 | $0.00 |
| 2025 | $23.08 | $38.72 | $2.59 | $0.00 | $0.00 |
AI valuation
Our deep-learning model estimates Varonis Systems, Inc.'s (VRNS) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $38.72
- Current price
- $26.50
- AI upside
- +46.11%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$10.77
-59.36% upside
Graham-Dodd
—
— upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| VRNS | Varonis Systems, Inc. | $26.50 | 2.72B | +46% | -59% | — | — | 98.73 | 4.98 | 4.78 | -25.30 | 314.49 | 6.67 | 79.14% | -23.50% | -20.74% | 5.73% | -32.88% | 1.75% | 0.96 | -11.36 | 1.97 | 1.77 | -3.55 | 3140.00% | 1317.00% | 2424.00% | 4.52% | 0.22 | 30.26% | 0.00% | 0.00% | 10.55% | -17.96 | 19.52 | 4.22 | 1.33 |
| BOX | Box, Inc. | $23.55 | 3.37B | +110% | -31% | -67% | -7% | 17.81 | 22.09 | 4.00 | 38.43 | 17.30 | 95.14 | 79.08% | 7.31% | 22.44% | 189.40% | 59.45% | 16.82% | 3.66 | 13.11 | 1.19 | 1.10 | 0.85 | 10299.00% | 505.00% | 404.00% | 7.57% | 0.36 | 246.11% | 0.34% | 6.10% | 5.45% | 54.70 | 13.21 | 4.00 | 1.91 |
| CLBT | Cellebrite DI Ltd. | $13.34 | 3.26B | +160% | +60% | -78% | -40% | 43.55 | 7.04 | 7.17 | 38.25 | — | 12.04 | 84.20% | 13.98% | 16.47% | 19.10% | -379.09% | 9.61% | 0.05 | — | 1.56 | 1.47 | -1.30 | -12296.00% | 1856.00% | 2811.00% | 4.57% | 0.46 | -1028.08% | 0.00% | 0.00% | 0.00% | 45.08 | 19.24 | 6.30 | 5.38 |
| COMP | Compass, Inc. | $9.75 | 5.47B | +191% | +882% | -100% | — | -98.03 | 7.36 | 0.83 | 72.05 | — | 52.55 | 10.61% | -0.42% | -0.84% | -9.85% | -3.34% | -4.32% | 0.58 | -3.26 | 0.86 | 0.70 | 3.05 | -6774.00% | 2367.00% | 9216.00% | 3.53% | 0.59 | 23.64% | 0.00% | 0.00% | 0.34% | -205.07 | 29.56 | 0.86 | 6.53 |
| DLO | DLocal Limited | $12.24 | 3.53B | +170% | +1,155% | -71% | -29% | 17.66 | 5.46 | 3.58 | 14.16 | — | 6.27 | 39.50% | 18.83% | 16.14% | 32.00% | 64.62% | 13.39% | 0.11 | 2.83 | 1.58 | 1.16 | -0.80 | -2041.00% | 1470.00% | -12014.00% | -2.08% | -0.05 | -31.96% | 0.00% | 0.00% | 3.79% | 17.02 | -43.14 | 3.21 | 4.37 |
| DOCN | DigitalOcean Holdings, In… | $56.06 | 5.13B | +67% | -35% | -82% | +16% | 20.55 | -185.70 | 5.91 | 16.03 | 11.22 | -11.17 | 59.86% | 17.42% | 28.76% | -223.84% | 20.78% | 14.91% | -25.46 | 8.75 | 0.69 | 0.56 | 1.31 | 18315.00% | 1548.00% | 7645.00% | 3.19% | 0.50 | 22.47% | 0.00% | 0.00% | 16.38% | 36.97 | 34.19 | 6.44 | 2.33 |
| NAVN | Navan, Inc. | $9.74 | 2.27B | — | — | — | — | — | — | — | — | — | — | 63.79% | -20.05% | -33.73% | -108.63% | -21.28% | -16.84% | 5.89 | -1.42 | 1.53 | 1.46 | -5.19 | -4552.00% | 3346.00% | -6921.00% | — | -0.11 | -10.16% | — | 0.00% | — | — | — | — | — |
| QLYS | Qualys, Inc. | $92.47 | 3.34B | +37% | +8% | -54% | +6% | 17.24 | 6.09 | 5.11 | 11.75 | 101.47 | 6.22 | 82.85% | 33.17% | 29.64% | 38.20% | 100.37% | 19.17% | 0.17 | — | 1.41 | 1.32 | -0.59 | 1699.00% | 1013.00% | 3135.00% | 8.90% | 0.66 | 171.32% | 0.00% | 0.00% | 5.37% | 13.83 | 10.08 | 4.59 | 5.12 |
| SLAB | Silicon Laboratories Inc. | $204.53 | 6.74B | — | -58% | -94% | — | -103.30 | 6.13 | 8.54 | -332.13 | — | 9.65 | 58.23% | -8.99% | -8.27% | — | — | — | 0.00 | -72.35 | 4.69 | 3.53 | 19.32 | — | — | — | 0.98% | 0.67 | — | 0.00% | 0.00% | 0.00% | -88.76 | 95.18 | 7.98 | 24.97 |
| STNE | StoneCo Ltd. | $16.80 | 4.49B | -18% | +312% | -92% | — | -10.40 | 1.33 | 1.23 | 2.19 | — | 2.48 | 73.40% | 46.17% | -11.89% | -11.42% | 64.61% | -2.91% | 1.10 | 5.57 | 1.37 | 1.35 | 1.20 | -20060.00% | 1210.00% | -121866.00% | -31.22% | -0.11 | -53.75% | 0.00% | 0.00% | 10.13% | 2.38 | -2.86 | 1.10 | 1.07 |
| VIA | Via Transportation, Inc. | $17.18 | 1.33B | +110% | -57% | — | — | -15125.00 | 2321.77 | 3355.60 | -21400.82 | — | 3649.07 | 38.85% | -17.64% | -22.19% | 53.63% | -30.77% | -17.19% | 0.05 | -10.43 | 4.98 | 4.80 | 5.03 | -9990.00% | 2864.00% | -5628.00% | 0.00% | -0.33 | -13.07% | 0.00% | 0.00% | 0.11% | -19018.45 | -44790.29 | 3354.81 | 8298.55 |
About Varonis Systems, Inc.
Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for users on Windows and UNIX/Linux servers, storage devices, email systems, Intranet servers, cloud applications, and data stores; and DatAlert that profiles users, devices, and their behaviors related to systems and data, detects and alerts on deviations that indicate compromise, and provides a Web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions, as well as provides business and information technology (IT) personnel with actionable intelligence about data; and DataPrivilege, which offers a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention. In addition, the company provides Data Transport Engine, which provides an execution engine that unifies the manipulation of data and metadata, translating business decisions, and instructions into technical commands, such as data migration or archiving; and DatAnswers that offers search functionality for enterprise data. Varonis Systems, Inc. sells products and services through a network of distributors and resellers. The company serves IT, security, and business personnel. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in New York, New York.
- CEO
- Yakov Faitelson
- Employees
- 2.41K
- Beta
- 0.57
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($10.77 ÷ $26.50) − 1 = -59.36% (DCF, example).