Several analysts have recently updated their ratings and price targets for CyberArk Software (NASDAQ: CYBR):
- 1/28/2025 – CyberArk Software had its price target raised by analysts at Truist Financial Co. from $350.00 to $385.00. They now have a “buy” rating on the stock.
- 1/27/2025 – CyberArk Software had its price target raised by analysts at Wells Fargo & Company from $410.00 to $425.00. They now have an “overweight” rating on the stock.
- 1/27/2025 – CyberArk Software had its “overweight” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $415.00 price target on the stock.
- 1/21/2025 – CyberArk Software had its price target raised by analysts at Scotiabank from $340.00 to $400.00. They now have a “sector outperform” rating on the stock.
- 1/21/2025 – CyberArk Software had its price target raised by analysts at KeyCorp from $355.00 to $400.00. They now have an “overweight” rating on the stock.
- 1/21/2025 – CyberArk Software had its price target raised by analysts at Royal Bank of Canada from $385.00 to $410.00. They now have an “outperform” rating on the stock.
- 1/17/2025 – CyberArk Software had its price target raised by analysts at Citigroup Inc. from $355.00 to $410.00. They now have a “buy” rating on the stock.
- 1/14/2025 – CyberArk Software had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $360.00 price target on the stock.
- 1/9/2025 – CyberArk Software had its price target raised by analysts at Needham & Company LLC from $360.00 to $410.00. They now have a “buy” rating on the stock.
- 1/6/2025 – CyberArk Software had its price target raised by analysts at Piper Sandler from $345.00 to $380.00. They now have an “overweight” rating on the stock.
- 1/3/2025 – CyberArk Software had its price target raised by analysts at Royal Bank of Canada from $358.00 to $385.00. They now have an “outperform” rating on the stock.
- 1/3/2025 – CyberArk Software had its price target raised by analysts at DA Davidson from $360.00 to $390.00. They now have a “buy” rating on the stock.
- 1/2/2025 – CyberArk Software had its price target raised by analysts at Wells Fargo & Company from $350.00 to $410.00. They now have an “overweight” rating on the stock.
- 12/31/2024 – CyberArk Software had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $316.00 price target on the stock.
- 12/18/2024 – CyberArk Software had its price target raised by analysts at Stifel Nicolaus from $335.00 to $370.00. They now have a “buy” rating on the stock.
- 12/17/2024 – CyberArk Software had its price target raised by analysts at Robert W. Baird from $355.00 to $370.00. They now have an “outperform” rating on the stock.
- 12/16/2024 – CyberArk Software had its price target raised by analysts at JPMorgan Chase & Co. from $355.00 to $375.00. They now have an “overweight” rating on the stock.
- 12/13/2024 – CyberArk Software had its price target raised by analysts at Mizuho from $345.00 to $365.00. They now have an “outperform” rating on the stock.
- 12/9/2024 – CyberArk Software was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
CyberArk Software Trading Up 4.2 %
CYBR stock traded up $15.06 during midday trading on Tuesday, hitting $374.52. 365,783 shares of the company’s stock were exchanged, compared to its average volume of 474,201. CyberArk Software Ltd. has a 12-month low of $223.09 and a 12-month high of $375.86. The firm has a 50 day moving average price of $329.93 and a 200-day moving average price of $296.06. The stock has a market capitalization of $16.32 billion, a price-to-earnings ratio of 1,387.16 and a beta of 1.13.
CyberArk Software (NASDAQ:CYBR – Get Free Report) last posted its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.48. The company had revenue of $240.10 million for the quarter, compared to the consensus estimate of $234.10 million. CyberArk Software had a return on equity of 2.29% and a net margin of 1.38%. CyberArk Software’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.31) EPS. On average, sell-side analysts forecast that CyberArk Software Ltd. will post -0.58 EPS for the current fiscal year.
Institutional Inflows and Outflows
CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints.
Further Reading
- Five stocks we like better than CyberArk Software
- What is a buyback in stocks? A comprehensive guide for investors
- What Does the Future Hold for Eli Lilly?
- EV Stocks and How to Profit from Them
- Oracle Stock Drops Nearly 14% – Is Now the Time to Buy?
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- 3 Consumer Stocks Call Option Traders Are Betting Big On
Receive News & Ratings for CyberArk Software Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CyberArk Software Ltd and related companies with MarketBeat.com's FREE daily email newsletter.