Stocktoria
VARONIS SYSTEMS INC VRNS
VARONIS SYSTEMS INC (VRNS) earns a Piotroski F-score of 4/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $623.5M at a -20.7% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.13 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-24 | Wedbush | Outperform (reit) |
| 2026-06-24 | Stephens & Co. | Overweight (up) |
| 2026-06-23 | Needham | Buy (main) |
| 2026-05-26 | Keybanc | Sector Weight (init) |
| 2026-05-12 | Rosenblatt | Buy (init) |
| 2026-04-30 | Citigroup | Neutral (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Services · percentile among 982 companies
Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 4/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.357 |
| Retained earnings / assets | -0.485 |
| EBIT / assets | -0.082 |
| Equity / liabilities | 0.502 |
Sector peers · similar-size Services companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| VRNS | VARONIS SYSTEMS INC | 4/9 | 0.74 | — | +13.2% |
| FSLY | Fastly, Inc. | 6/9 | 0.12 | — | +14.8% |
| MQ | Marqeta, Inc. | 5/9 | 1.2 | — | +23.3% |
| NCNO | nCino, Inc. | 7/9 | 1.18 | 330.6 | +10% |
| EVCM | EverCommerce Inc. | 7/9 | 0.45 | 93.6 | +4.8% |
| QLYS | QUALYS, INC. | 7/9 | 3.11 | 21.9 | +10.1% |
| BB | BLACKBERRY Ltd | 6/9 | -2.26 | 161.1 | +2.7% |
About VARONIS SYSTEMS INC
Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of worlds. The company offers Varonis Data Security Platform, a Software-as-a-Service solution which includes Data security posture management, Data access intelligence, Data discovery & classification, Discovery policy library, least privilege automation, Data activity monitoring, Data detection and response, and User & entity behavior analytics. It also provides Protection Packages, such as Microsoft 365, Windows & NAS, Hybrid, and Cloud Environments, as well as Database and Email Security Capabilities and On-Premises Subscription Products. It serves the financial services, public, healthcare, industrial, insurance, energy and utilities, technology, construction and engineering, education, and consumer and retail industries. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in Miami, Florida.
FAQ
Is VRNS financially healthy?
VARONIS SYSTEMS INC's Piotroski F-score is 4/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does VRNS pay a dividend?
No, VARONIS SYSTEMS INC does not currently pay a dividend.
How profitable is VRNS?
In FY2025, VARONIS SYSTEMS INC had a net margin of -20.7% and a return on equity of -21.6%.
What is the analyst price target for VRNS?
The average Wall-Street price target for VARONIS SYSTEMS INC is $37.05, about 11.6% below the recent price, from 22 analysts (consensus: buy).
Is VRNS a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on VARONIS SYSTEMS INC: a Piotroski F-score of 4/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.