Is Varonis Systems, Inc. (VRNS) among the Best Cybersecurity Stocks to Buy and Hold for the Long Term?
With a 5-year EPS growth forecasted at 56.13%, Varonis Systems, Inc. (NASDAQ:VRNS) is among the 12 Best Cybersecurity Stocks to Buy and Hold for the Long Term
On June 24, Stephens upgraded Varonis Systems, Inc. (NASDAQ:VRNS) to Overweight from Equal Weight and raised its price target to $45 from $33. While the firm noted that recent media reports regarding potential private equity interest further reinforce its view that the shares remain undervalued, the upgrade is primarily driven by the company’s underlying fundamentals. Stephens highlighted strong and growing demand for data security, fueled by accelerating AI adoption, increasing confidence in the durability of SaaS annual recurring revenue growth, expanding platform capabilities, improving sales execution, upside potential to fiscal 2027 guidance, and the opportunity for further valuation multiple expansion.
On May 21, Varonis Systems, Inc. (NASDAQ:VRNS) announced an integration with the Claude Compliance API, extending Claude Enterprise and Claude Platform activity into the Varonis Atlas AI Security Platform. This integration enables organizations using Claude for enterprise knowledge work, application development, and AI agent deployment to gain enhanced visibility into AI activity. By leveraging the Compliance API, Varonis allows security and governance teams to monitor AI usage, investigate misuse across complete user sessions, and evaluate AI-related risks with deeper data context, helping enterprises adopt AI technologies with greater confidence.