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Upturn AI Summary - About
Varonis Systems(VRNS)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for VRNS
11/06/2026: VRNS (3-star) is a STRONG-BUY. BUY for 21 days. Simulated Profits (-2.63%). Updated daily EoD!
Varonis Systems is a specialized cybersecurity company focused on protecting sensitive data across complex, hybrid cloud environments. The company has gained a solid reputation for its data-centric approach, which differentiates it from generalist security providers. A key growth driver is the ongoing transition of its customer base to a recurring SaaS model, which provides improved revenue predictability and long-term stickiness. However, investors must weigh these strengths against intense competition from major cloud platforms and the risks inherent in high-growth software valuation. Varonis is best suited for growth-oriented investors, with success largely depending on continued execution in the competitive enterprise data security market.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company operates in a high-growth sector with significant long-term secular tailwinds. |
| Momentum investor | Mixed fit | Performance is highly sensitive to overall tech sector sentiment and positive growth signals. |
| Value investor | Weak fit | The company's valuation is typically based on future growth rather than current earnings or dividends. |
| Dividend investor | Weak fit | Varonis does not pay a dividend, as it focuses on reinvesting cash flow into growth. |
| Low-risk investor | Weak fit | The stock exhibits high price volatility common in the cybersecurity software sector. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock can experience sharp fluctuations based on quarterly growth metrics. |
| Valuation risk | Medium / high | High growth expectations are already priced into the stock, leaving little margin for error. |
| Competition risk (Cloud Platforms) | High | Increasing security capabilities from cloud giants like Microsoft threaten the standalone value proposition. |
| Business quality | Medium | While the SaaS transition is improving, the business is still scaling toward consistent profitability. |
| Dividend income | Low / none | This is a growth-oriented asset that does not provide income to shareholders. |
| Execution risk | Medium | Successful execution of the SaaS transition and new product adoption is critical to maintaining growth. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 39.03% | Avg. Invested days 55 | Today’s Advisory Strong Buy |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.63B USD | Price to earnings Ratio - | 1Y Target Price 50.14 |
Price to earnings Ratio - | 1Y Target Price 50.14 | ||
Volume (30-day avg) 4.3M shares | Beta 0.73 | 52 Weeks Range 19.70 - 50.31 | Updated Date 11/08/2026 |
52 Weeks Range 19.70 - 50.31 | Updated Date 11/08/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.32 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Subscription Licenses | Recurring fees for the Varonis Data Security Platform. | Most revenue is recurring, which provides predictable income as long as customers renew. |
| Professional Services | Implementation and training services. | This is a smaller, supporting revenue stream that ensures customer platform adoption. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 140.85 | Enterprise Value 5.51B | Price to Sales(TTM) 7.86 |
Enterprise Value 5.51B | Price to Sales(TTM) 7.86 | ||
Enterprise Value to Revenue 7.7 | Enterprise Value to EBITDA -20.7 | Shares Outstanding 115.30M | Shares Floating 111.82M |
Shares Outstanding 115.30M | Shares Floating 111.82M | ||
Percent Insiders 2.96 | Percent Institutions 100.43 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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