Top 10 Trending AI News And Stock Ratings

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1. Varonis Systems Inc. (NASDAQ:VRNS)

Number of Hedge Fund Holders: 42

Varonis Systems Inc. (NASDAQ:VRNS) is a supplier of cybersecurity solutions. Its software platform safeguards and automates unstructured data management using patented AI and ML technologies. The AI software features attributes like user behavior analytics and forensic analysis via interfaces like data advantage, data privilege, and the data classification engine for automated threat identification and remediation for enterprises.

On February 5th, Wells Fargo trimmed Varonis Systems Inc.’s (NASDAQ:VRNS) stock price target to $46 to $48 and retained an “Equal Weight” rating. Company shares declined after mixed Q4 results. The brokerage said that although the SaaS transition is gaining traction, GenAI impact remains small and ARR growth is slowing down to 15% in CY25, which doesn’t yet warrant a premium valuation.

While we acknowledge the potential of Varonis Systems Inc. (NASDAQ:VRNS) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than VRNS but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.

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