Varonis Systems (VRNS) is plunging in 2025 due to pessimism surrounding AI and cybersecurity themes

From Yahoo Finance: 2025-03-30 16:41:00

Cybersecurity stocks, once market darlings, are now plunging in 2025 due to pessimism surrounding AI and cybersecurity themes. Despite impressive revenue figures, stock prices have nosedived this year. Wall Street is pulling back, creating potential buying opportunities among the worst-performing cybersecurity stocks year-to-date.

Varonis Systems, Inc. (VRNS) is down significantly in 2025, reporting a quarterly loss of $0.10 per share, missing estimates by $0.24. Analysts project increased losses for 2025. The company faced challenges transitioning to a SaaS model, falling short of revenue expectations. The consensus price target implies a 42.42% upside, with VRNS stock down 6.17% year-to-date.

VRNS ranks 14th among cybersecurity stocks plunging in 2025. While it shows investment potential, some AI stocks may offer higher returns in a shorter time frame. For investors seeking promising AI stocks trading at less than 5 times earnings, a report on the cheapest AI stock is available. Disclosure: None.



Read more at Yahoo Finance: Why Varonis Systems (VRNS) Is Plunging in 2025?