Varonis Systems Inc
VRNS: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^j? | LOCK|VL | LOCK|MK$xVX |
Varonis Earnings: Strong Quarter as Sales and Profitability Grow Strongly; Maintain $28 FVE
Varonis started 2026 strongly, with the firm's quarterly sales growing 27% to $173 million and its adjusted operating margins up 4 points to negative 1%. The firm's operating margins continue to be affected by its shift to delivering solutions through the cloud, which is near-term margin-dilutive.
