NASDAQ:VRNS 29 October 2025 - 24 February 2026

Varonis stock had been on a steady uptrend through 2025, even notching a 52-week high near $64 earlier in October. As of late October, shares were up about 38% in 2025 amid optimism around cybersecurity and the company’s cloud transitionsimplywall.st. That rally came to an abrupt end on October 29, when Varonis’s market value was slashed nearly in half in a single day. The stock opened around $62 before free-falling to the mid-$30s after its Q3 earnings release revealed weaker-than-expected results and outlookbenzinga.com. The ~45% one-day collapse is one of the steepest in the company’s history, wiping out billions in market cap. Investors were caught off guard by the magnitude of the miss and guidance cut. The sell-off was exacerbated by panic and high trading volumes, as confidence in Varonis’s near-term prospects took a hit. Notably, even after this plunge, VRNS remains up ~41% year-to-date – reflecting how far the stock had climbed earlier in the year. But the dramatic reversal in late October underscores the volatility in high-growth tech stocks when expectations aren’t met.