data security stock poised for growth amid AI boom By Investing.com
Varonis Systems , Inc. (NASDAQ:), a leading provider of data security and analytics solutions with a market capitalization of $4.98 billion, is navigating a transformative period in its business model while capitalizing on emerging trends in artificial intelligence (AI) and cybersecurity. According to InvestingPro analysis, the stock currently trades above its Fair Value, suggesting investors should carefully evaluate entry points. As the company continues its transition to a Software (ETR:) as a Service (SaaS) model, it faces both opportunities and challenges in a rapidly evolving market landscape.
Company Overview
Varonis Systems specializes in security and infrastructure software, with a focus on protecting sensitive data and…
