VRNS trades 7.8% below Wall Street's consensus target of $36.00.
Last 12 months price action with 12-month analyst target path
The base valuation assumes VRNS achieves its forward estimates and maintains a stable P/E multiple of 280.7x. This scenario reflects the blended consensus of 34 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 22, 2026, Varonis Systems, Inc. (VRNS) has a Wall Street consensus price target of $36.00, based on estimates from 34 covering analysts. With the stock currently trading at $33.38, this represents a potential upside of +7.8%. The company has a market capitalization of $3.92B.
Analyst price targets range from a low of $27.00 to a high of $50.00, representing a 64% spread in expectations. The median target of $36.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 27 analysts rating the stock as a Buy or Strong Buy,7 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, VRNS trades at a trailing P/E of -29.5x and forward P/E of 280.7x. Analysts expect EPS to grow +110.1% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
CYBRCyberArk Software Ltd. | $20.6B | $408.85 | $447.00 | +9.3% | Buy | 81.9x | 49 |
SAILSailPoint, Inc. | $7.6B | $13.33 | $18.45 | +38.4% | Buy | — | 33 |
DDOGDatadog, Inc. | $79.4B | $223.00 | $231.21 | +3.7% | Buy | 91.9x | 48 |
QLYSQualys, Inc. | $3.9B | $111.30 | $103.00 | -7.5% | Hold | 14.7x | 48 |
TENBTenable Holdings, Inc. | $3.1B | $26.87 | $28.81 | +7.2% | Buy | 13.8x | 28 |
RDWRRadware Ltd. | $1.2B | $27.10 | $30.00 | +10.7% | Hold | 23.2x | 14 |
PANWPalo Alto Networks, Inc. | $196.1B | $287.78 | $324.79 | +12.9% | Buy | 76.3x | 88 |
CRWDCrowdStrike Holdings, Inc. | $174.3B | $684.86 | $687.36 | +0.4% | Buy | 138.7x | 66 |
SSentinelOne, Inc. | $5.1B | $15.02 | $18.97 | +26.3% | Buy | 79.1x | 34 |
FTNTFortinet, Inc. | $107.1B | $144.73 | $98.95 | -31.6% | Hold | 45.9x | 68 |
Quick answers to the most common questions about buying VRNS stock.
The consensus price target for VRNS is $36, close to the current price of $33.38 (7.8% implied move). Based on 34 analyst estimates, the stock appears fairly valued near current levels.
VRNS has a consensus rating of "Buy" based on 34 Wall Street analysts. The rating breakdown is predominantly bullish, with 27 Buy/Strong Buy ratings. The consensus 12-month price target of $36 implies 7.8% upside from current levels.
At a forward P/E of 280.7401x, VRNS trades at a premium valuation. The consensus price target of $36 (7.8% upside) suggests analysts may view current valuations as stretched.
The most bullish Wall Street analyst has a price target of $50 for VRNS, while the most conservative target is $27. The consensus of $36 represents the median expectation. These targets typically reflect 12-month expectations.
VRNS is heavily covered by Wall Street, with 34 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 27 have Buy ratings, 7 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month VRNS stock forecast based on 34 Wall Street analysts shows a consensus price target of $36, with estimates ranging from $27 (bear case) to $50 (bull case). The median consensus rating is "Buy".
VRNS trades at a forward P/E ratio of 280.7x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
VRNS appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $36 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
VRNS analyst price targets range from $27 to $50, a 64% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $36 consensus represents the middle ground.
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