CyberArk News
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The valuation of the deal in July was about $25 billion and in the day’s following the announcement Palo Alto Networks share price fell by 18%, dragging down the valuation of CyberArk in the deal.
CyberArk Software, an Israeli cybersecurity company, has been acquired by Palo Alto Networks in a deal primarily involving shares, initially valued at $25 billion in July. Following the announcement, Palo Alto Networks share price fell, impacting CyberArks valuation. However, the trend reversed, and CyberArks valuation in the deal increased to $27 billion. The acquisition is expected to enhance Palo Altos capabilities in identity security. CyberArks shareholders are set to meet on November 13 to approve the sale. The market cap of Palo Alto Networks has reached over $145 billion, reflecting strong performance and growth across its platform.
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למרות שבימים הראשונים שלאחר ההודעה על העסקה ביולי נראה היה כי השוק לא מרוצה, המגמה התהפכה ● שוויה של סייברארק בעסקה זינק וכבר מגיע ל–26.7 מיליארד דולר
CyberArk, an Israeli cybersecurity company, is being acquired by Palo Alto Networks in a deal primarily involving stock, with a small cash component. Initially announced in July, the deal valued CyberArk at $25 billion. Despite an initial negative market reaction, the value of CyberArk in the deal has risen to $26.7 billion due to a recovery in Palo Alto Networks stock price. CyberArk shareholders are set to receive a higher value than initially agreed upon. A shareholder meeting is scheduled for November 13 to approve the sale. The acquisition is expected to enhance Palo Altos identity security capabilities.
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Palo Alto’s $25 billion CyberArk deal nearly collapsed before it closed | CTech
CyberArk, an Israeli identity security firm, has been acquired by Palo Alto Networks in a $25 billion all-stock deal. The acquisition process was marked by intense negotiations, with CyberArk initially rejecting Palo Altos offer in 2023. However, after a two-year hiatus, discussions resumed in June 2025. The deal faced several hurdles, including disagreements over share price and termination fees. Ultimately, Palo Altos final offer of $495 per share, along with a $750 million breakup fee, was accepted by CyberArks board. The acquisition is seen as strategically beneficial, aligning the technologies of both companies and enhancing CyberArks global reach.
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Cohen describes the integration as a delicate union of two cybersecurity giants, highlighting the challenges of combining forces. In an interview with Calcalist, the CyberArk co-founder predicts the end of work, slams judicial reform, and weighs registering his next company abroad.
CyberArk, a major player in cybersecurity, is set to be acquired by Palo Alto Networks in a landmark $25 billion deal. This acquisition is the second-largest in Israeli high-tech history and the largest for Palo Alto Networks. The merger aims to leverage AI technology to manage the increasing number of digital identities created by AI agents. Despite some skepticism from industry experts like Shlomo Kramer, who warns of potential pitfalls in becoming a multi-segment cybersecurity giant, the deal is seen as a strategic move to dominate both classic cybersecurity and identity management. The acquisition is expected to close in the second half of 2026.
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Amid soaring growth and a booming identity security market, CyberArk chooses consolidation over going it alone.
CyberArk, an Israeli cybersecurity company, has been acquired by Palo Alto Networks in a landmark $25 billion stock-and-cash deal. This acquisition marks a significant move for Palo Alto, as it is their first acquisition of a public company, reflecting a 26% premium over CyberArk’s average trading price. CyberArk, founded in 1998, has seen incremental growth and recently transitioned to a SaaS model, boosting its valuation. The acquisition is expected to enhance Palo Altos position in the identity security market, a high-growth segment. Despite the acquisition, CyberArks stock remained stable, while Palo Altos stock saw a decline due to concerns over dilution and the high acquisition price.
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CyberArk Announces Strong Second Quarter 2025 Results
CyberArk, a leader in identity security, announced strong financial results for Q2 2025, with total revenue reaching $328 million, a 46% increase from the previous year. The company reported a significant rise in subscription revenue and adjusted free cash flow. CyberArks acquisition by Palo Alto Networks was announced, which is expected to accelerate their vision for identity security on a global scale. The financial results also reflect contributions from recent acquisitions of Venafi and Zilla Security. Despite a GAAP net loss due to a one-time tax payment, the company showed strong non-GAAP net income growth, highlighting the demand for its comprehensive identity security platform.
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לפי "וול סטריט ג'ורנל", חברת פאלו אלטו מנהלת מגעים לרכוש את סייברארק בעסקה של יותר מ-20 מיליארד דולר ■ מה גרם לשווי של סייברארק לזנק, למה פאלו אלטו זקוקה לרכישה הזאת, ואיך זה קשור לתחום הכי חם בענף הטכנולוגיה?
Palo Alto Networks is in advanced talks to acquire CyberArk, an Israeli cybersecurity company, for over $20 billion. This acquisition marks a significant move for Palo Alto Networks, which has previously focused on smaller acquisitions. CyberArk, established in 1999, specializes in identity security and has seen substantial growth, with expected revenues of $1.3 billion this year. The acquisition aligns with Palo Altos strategy to consolidate the cybersecurity market and leverage CyberArks expertise in identity security, a field gaining importance with the rise of AI technologies. The deal, if finalized, could close as soon as this week, marking a major consolidation in the cybersecurity sector.
Acquisition
Palo Alto Networks Announces Agreement to Acquire CyberArk, the Identity Security Leader
Palo Alto Networks, a global leader in cybersecurity, has announced its acquisition of CyberArk, a leader in Identity Security. This acquisition, valued at approximately $25 billion, marks Palo Alto Networks strategic entry into the Identity Security sector, enhancing its multi-platform strategy. The deal involves CyberArk shareholders receiving $45.00 in cash and 2.2005 shares of Palo Alto Networks common stock per CyberArk share. This move is set to accelerate Palo Alto Networks platform strategy by integrating CyberArks expertise in Identity Security and Privileged Access Management with its AI-powered security platforms. The acquisition aims to provide comprehensive security solutions for all identity types, including human, machine, and autonomous AI agents, thereby defining the next chapter of cybersecurity.
Acquisition
CyberArk: Q2 Earnings Snapshot
CyberArk Software Ltd., based in Petach-Tikva, Israel, reported a second-quarter loss of $90.8 million, or $1.81 per share. However, adjusted earnings were 88 cents per share, surpassing Wall Street expectations of 79 cents per share. The companys revenue for the period was $328 million, exceeding the forecasted $315.4 million. These results indicate a positive financial performance despite the reported loss, as both earnings and revenue surpassed analyst expectations.
Acquiring Israel's CyberArk will fill a gap in Palo Alto's product offering and boost its status versus market leader Microsoft.
Palo Alto Networks is reportedly in negotiations to acquire Israeli cybersecurity company CyberArk Software for over $20 billion. This acquisition aims to fill a gap in Palo Altos product offerings, particularly in identity management, and bolster its position against competitors like Microsoft and Google. The deal, if finalized, would be one of the largest technology acquisitions of 2025 and the biggest for Palo Alto. CyberArk, known for its strong presence in identity management, recently acquired Venafi for $1.6 billion, doubling its market cap. Palo Altos strategy to become the leading cybersecurity supermarket involves integrating various cybersecurity solutions, and acquiring CyberArk aligns with this vision. The acquisition could significantly boost Palo Altos market cap, potentially exceeding $200 billion next year.
Acquisition
Palo Alto Stock Falls As Wall Street Ponders $25 Billion CyberArk Acquisition
Palo Alto Networks has announced its acquisition of CyberArk in a substantial $25 billion cash and stock deal. This strategic move is aimed at enhancing Palo Altos cybersecurity capabilities. However, the announcement led to a decline in Palo Altos stock price as Wall Street reacted to the news. The acquisition is seen as a significant investment in the cybersecurity sector, reflecting Palo Altos commitment to expanding its market presence. The deal is expected to have long-term benefits, although the immediate market reaction was negative.
Acquisition
SailPoint (SAIL) Jumps 5.7% on Palo Alto-CyberArk $20-Billion Merger
SailPoint, Inc. (NASDAQ:SAIL) experienced a 5.7% increase in share prices, closing at $21.68, due to investor optimism following Palo Alto Networks $20-billion acquisition of CyberArk. SailPoint has been a longstanding partner of CyberArk, providing integrated identity governance and security solutions. The acquisition is expected to expand SailPoints market exposure and lead to further growth opportunities. Despite the positive outlook for SailPoint, the article suggests that certain AI stocks may offer higher returns with limited downside risk.
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Nikesh Arora calls the acquisition “a seminal move” for the future of cybersecurity.
Palo Alto Networks has announced a landmark $25 billion acquisition of Israeli cybersecurity firm CyberArk, marking one of the largest deals in the cybersecurity sector. This acquisition signifies Palo Altos strategic entry into the identity security domain, which is increasingly crucial in the AI era. The deal, driven by CEO Nikesh Aroras vision, aims to enhance Palo Altos capabilities in managing digital identities, especially for AI agents. The acquisition builds on an existing technical partnership between the two companies and promises to retain all CyberArk employees, with potential expansion in Israel. This move is expected to significantly shape the cybersecurity landscape.
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Strength Seen in CyberArk (CYBR): Can Its 13.5% Jump Turn into More Strength?
CyberArks shares surged by 13.5% following reports that Palo Alto Networks is in advanced talks to acquire the company for over $20 billion. This acquisition news has positively impacted CyberArks stock, which had previously seen a decline. CyberArk is expected to report significant year-over-year earnings and revenue growth in its upcoming quarterly report. The stock is currently rated as a Strong Buy by Zacks Investment Research. Palo Alto Networks, another company in the security industry, saw a decrease in its stock price despite the acquisition talks.
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Humana, Seagate, Palo Alto: Trending Tickers
Palo Alto Networks is acquiring CyberArk in a $25 billion deal, expected to close in the second half of fiscal 2026. This acquisition will provide Palo Alto Networks clients with access to a suite of identity security tools, which is seen as beneficial for companies integrating AI agents into their workforce. The acquisition is considered growth-positive for Palo Alto Networks. Meanwhile, Humana raised its full-year earnings outlook after strong second-quarter results, despite expecting a decline in Medicare Advantage membership. Seagate Technology delivered better-than-expected fourth-quarter results but issued disappointing guidance, although analysts remain optimistic about its stock.
Acquisition
Palo Alto Plans CyberArk Buyout: Can This Boost PANW's Identity Edge?
Palo Alto Networks, Inc. is reportedly in advanced talks to acquire CyberArk Software Ltd. for over $20 billion. This acquisition would enable Palo Alto Networks to expand its offerings into identity and privileged access management, addressing a growing need in cybersecurity as identity threats become more prevalent. The acquisition aligns with Palo Alto Networks strategy to create a comprehensive security platform that integrates network, endpoint, cloud, and identity protection. The news led to a 13.5% increase in CyberArks shares, while Palo Alto Networks shares declined by 5.2%.
Acquisition
Palo Alto to scoop up CyberArk for $25 billion to tackle AI-era threats
Palo Alto Networks has announced its acquisition of Israeli cybersecurity firm CyberArk Software for approximately $25 billion in a cash-and-stock deal. This acquisition aims to enhance Palo Altos cybersecurity offerings by integrating CyberArks identity security tools, which are crucial for safeguarding sensitive systems. The deal highlights a trend of consolidation in the cybersecurity industry, driven by increasing cyberattacks and the need for comprehensive security solutions. CyberArks technology is particularly relevant for AI-driven security demands. The acquisition is expected to broaden Palo Altos portfolio and drive growth in its next-generation security offerings. CyberArks customers include notable companies like Carnival Corp, Panasonic, and Aflac.
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Israel's Check Point Software aims to go it alone as cyber security sales rise
Check Point Software Technologies, an Israeli cybersecurity company, reported a positive second-quarter performance with increased profits and revenue. The company, valued at $24 billion, is not interested in being acquired, unlike some of its local rivals. Instead, it plans to use its $3 billion cash reserve for strategic acquisitions to strengthen its position as a leading player in the cybersecurity market. The company reported earnings of $2.37 per diluted share, with revenue growing by 6% to $665 million. Check Point is optimistic about its future, with strong indicators for the third quarter and a robust pipeline for the second half of the year.
Acquisition
Palo Alto Networks in talks to acquire CyberArk for over $20bn
Palo Alto Networks is reportedly in negotiations to acquire CyberArk Software, an Israeli publicly traded IT company, for over $20 billion. This acquisition would be Palo Alto Networks largest to date, aiming to consolidate its position in the cybersecurity sector. The acquisition is part of Palo Alto Networks strategy to expand its capabilities in offering comprehensive security solutions, especially in the context of AI-driven threats. CyberArk, known for its identity security and privileged access management services, has over 10,000 clients worldwide. The news of the potential acquisition led to a 13% surge in CyberArks share price, while Palo Alto Networks saw a 5% decline. The acquisition aligns with the trend of increased investment in cybersecurity solutions.
Acquisition
בדרך לעסקת ענק בהייטק הישראלי: פאלו אלטו במו"מ לרכישת סייברארק
Palo Alto Networks is in advanced negotiations to acquire Israeli cybersecurity company CyberArk for approximately $20 billion. This acquisition would be the second-largest in Israeli high-tech history, following Googles acquisition of Waze for $32 billion. CyberArk, which specializes in identity management, has seen its stock rise by 15% following the news, while Palo Altos stock fell by 3%. Despite previous intentions to remain independent, CyberArks potential acquisition by Palo Alto could significantly bolster its market position. CyberArk was founded in 1999 and has become a major player in the cybersecurity field, with a development center in Petah Tikva and 3,500 employees.
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Landmark cybersecurity deal would mark Palo Alto’s boldest move yet and reshape the identity security market.
Palo Alto Networks is in advanced negotiations to acquire Israeli company CyberArk for over $20 billion, marking a significant move in the cybersecurity market. This acquisition would be the largest in the sector since Googles $32 billion purchase of Wiz. CyberArk, a leader in identity management, has seen its stock surge by 13% following the news, while Palo Altos stock declined by 3%. The acquisition would allow Palo Alto to enter the identity management market, a sector gaining importance due to AI advancements and security breaches. The deal is expected to be announced later this week.
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The deal could be finalized later this week, "The Wall Street Journal" reports.
Palo Alto Networks is reportedly in talks to acquire Israeli cybersecurity company CyberArk Software. The potential acquisition, which could be finalized soon, would be one of the largest tech mergers this year. CyberArk, known for its enterprise identity management solutions, has seen its stock price rise significantly, reflecting the growing demand for advanced security solutions. Palo Alto Networks, a leading cybersecurity company, aims to consolidate its position in the industry through this acquisition. The deal highlights a trend of mergers and acquisitions in the cybersecurity sector, with other companies like CrowdStrike and SentinelOne also considering similar moves. The report, however, indicates that the deal has not yet been finalized.
Acquisition
לפי הוול סטריט ג'ורנל, פאלו אלטו עשוייה לחתום על רכישת סייברארק כבר השבוע ● אם תצא לפועל, רכישת סייברארק ב-20 מיליארד דולר תהיה הגדולה בתולדות פאלו אלטו ● סייברארק ביצעה שתי רכישות משמעותיות בשנה האחרונה, ומנייתה זינקה בכ-50% מתחילת השנה
Palo Alto Networks is reportedly in talks to acquire Israeli cybersecurity company CyberArk in a deal valued at over $20 billion, according to the Wall Street Journal. If finalized, this acquisition would be the largest in Palo Altos history and one of the biggest tech deals of 2025. CyberArk, a leader in identity security and privileged access management, has seen its stock rise by over 50% this year due to increasing demand for advanced security solutions. The acquisition aligns with Palo Altos strategy to consolidate cybersecurity solutions and address advanced threats, especially those involving AI. The deal is part of a broader trend of mergers and acquisitions in the cybersecurity industry.
Acquisition
Spooked By the Microsoft SharePoint Exploit? Here’s the Top-Rated Cybersecurity Stock to Buy for Portfolio Protection.
The article provides instructions on how to customize chart settings for market data analysis. It explains how users can save their chart setup as a template, switch market flags for targeted data from different countries, and access more chart options through an interactive menu. The article is focused on enhancing user experience in data visualization and analysis.
Buy 3 Cybersecurity Stocks to Strengthen Portfolio Security in 2H25
CyberArk Software Ltd. is experiencing growth due to the rising demand for cybersecurity and privileged access security solutions. The company benefits from a strong presence across various sectors, including banking, healthcare, government, and utilities, which helps mitigate the effects of reduced IT spending. CyberArks strategic shift towards software-as-a-service and subscription-based solutions is driving revenue growth. The company is gaining new customer accounts and closing significant seven-figure deals, which enhances its revenue visibility and deferred revenues. The ongoing digital transformation and increased cybersecurity threats are contributing to CyberArks positive growth outlook.
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CyberArk Software Ltd. (CYBR) is Attracting Investor Attention: Here is What You Should Know
CyberArk, a software company specializing in detecting attacks on privileged accounts, has seen its stock decline by 5.8% over the past month, contrasting with a 5.7% increase in the Zacks S&P 500 composite. Despite this, the companys earnings projections remain strong, with expected earnings of $0.79 per share for the current quarter, a 46.3% increase from the previous year. The Zacks Consensus Estimate for the fiscal year is $3.83, a 26.4% increase from the prior year. CyberArk is rated as a Zacks Rank #1 (Strong Buy) due to the positive earnings estimate revisions, indicating potential growth in stock value.
Bull of the Day: CyberArk (CYBR)
CyberArk, a leading cybersecurity company valued at $19 billion, is enhancing its identity security solutions by integrating AI technology. The company has introduced its Secure AI Agents Solution to manage the privileged access of AI agents, addressing the growing security risks associated with autonomous AI. CyberArks solutions are now available through the AWS Marketplace, simplifying the adoption of AI security measures. The company is experiencing growth, with a projected 32% increase in revenue this year, driven by cross-selling synergies and expanding customer adoption of its platform. A Fortune 100 financial services firm has expanded its use of CyberArks offerings, highlighting the companys strategic positioning in the AI security landscape.
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OKTA Trades 25% Below 52-Week High: Right Time to Buy the Stock?
Okta has experienced a 21.3% increase in share value year-to-date, outperforming its sector and industry peers. The companys success is attributed to its innovative product portfolio and extensive partner network, which includes major names like AWS, Google, and Microsoft. Oktas focus on AI technology, particularly in enhancing security through new protocols like Cross App Access, is a key driver of its growth. Despite facing macroeconomic challenges and competition, Oktas strong liquidity and customer base expansion, with over 20,000 customers, position it well for future growth. The companys valuation is considered high compared to some peers but remains attractive against others.
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CyberArk and Centene have been highlighted as Zacks Bull and Bear of the Day
CyberArk, a leading provider of cybersecurity solutions, has been highlighted as a growth-positive company due to its innovative approach to managing the security risks associated with AI agents. With a market valuation of $19 billion, CyberArk serves over 5,400 global businesses, including a significant portion of Fortune 500 and Global 2000 companies. In 2025, CyberArk introduced its Secure AI Agents Solution, which enhances its existing platform to manage the privileged access of AI agents, addressing the rapidly expanding identity security attack surface. This solution is crucial as organizations increasingly adopt AI technologies, which pose unique security risks. CyberArks approach involves treating AI agents as privileged identities, providing visibility, privilege control, and threat detection to secure AI interactions.
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CyberArk (CYBR) Stock Dips While Market Gains: Key Facts
CyberArks stock closed at $376.15, down 1.42% from the previous trading session, underperforming the S&P 500 and other indices. Over the past month, its stock has declined by 3.92%, lagging behind the Computer and Technology sectors gain of 8.76%. Investors are keenly awaiting CyberArks earnings report on August 7, 2025, which is expected to show a significant increase in EPS and revenue compared to the previous year. The Zacks Consensus Estimates project a full-year EPS of $3.83 and revenue of $1.32 billion, indicating substantial growth. Despite the recent stock performance, CyberArk holds a Zacks Rank of #1 (Strong Buy), suggesting a favorable outlook. The companys valuation metrics, including a Forward P/E ratio of 99.74 and a PEG ratio of 4.1, indicate a premium compared to industry averages.
AI-Driven Cybersecurity Boom Makes These 3 Stocks Worth Buying
The article discusses the growing importance of cybersecurity as a business priority, driven by increasing cyberattacks and the need for advanced protection solutions. Companies like CyberArk are leveraging AI to enhance their cybersecurity offerings, positioning themselves strongly in the fast-growing market. CyberArks new Secure AI Agent solution addresses AI-driven machine identity risks, and its acquisitions of Venafi and Zilla are bolstering its identity security capabilities. The global cybersecurity market is expected to grow significantly, with AI playing a crucial role in automating threat detection and response.
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US High Growth Tech Stocks To Watch In July 2025
CyberArk Software Ltd., a global leader in identity security solutions, is experiencing robust growth and strategic innovation. The company recently expanded its product suite by launching CyberArk Secure Cloud Access tools in the AWS Marketplace, enhancing AI agent security. This move aligns with the increasing demand for robust cybersecurity measures in AI-driven environments. Additionally, CyberArks recent executive appointment highlights its focus on scaling operations effectively through strategic HR leadership. These developments underscore CyberArks proactive approach to product innovation and organizational agility, positioning it well in the fast-evolving tech sector.
Management ChangesProduct Stage
CyberArk Appoints Kathy Cullen-Cote as New Chief People Officer
CyberArk, a leader in identity security, announced the appointment of Kathy Cullen-Cote as Chief People Officer, succeeding Ruth Shaked. Cullen-Cote brings a wealth of experience in HR leadership and is expected to drive CyberArks workforce growth and organizational transformation. Her appointment comes at a time when CyberArk is scaling to meet increasing demand for its identity security platform. Cullen-Cotes focus will be on aligning talent initiatives with the companys long-term strategy, emphasizing workforce growth and professional development. The announcement highlights CyberArks commitment to its people and culture, aiming to continue its growth and transformation under Cullen-Cotes leadership.
Management Changes
Investors in CyberArk Software (NASDAQ:CYBR) have seen solid returns of 237% over the past five years
CyberArk Software Ltd. has experienced significant growth, with its stock price increasing by 237% over the past five years and 20% in the last quarter. Despite making a loss in the last twelve months, the company has shown a strong revenue growth rate of 19% per year over the last half-decade. This growth has attracted investor attention, as reflected in the stocks performance. The companys total shareholder return over one year is 47%, indicating improved performance and potential business momentum. Analysts are optimistic about future profit levels, suggesting that CyberArk Software may have promising prospects ahead.
CRWD vs. CYBR: Which Cybersecurity Stock is the Better Buy Now?
CrowdStrike, a U.S.-based cybersecurity company, specializes in endpoint protection and extended detection and response (XDR) through its AI-native Falcon platform. Despite the projected growth in the cybersecurity market, CrowdStrike faces challenges due to negative customer sentiments following a global IT outage incident in July 2024. The company is implementing a Customer Commitment Package to retain customers, which includes product additions and discounts, affecting profitability. The companys upsell into existing customers has slowed, and the churn rate remains moderate, impacting near-term profitability. The Zacks Consensus Estimate predicts a 10.94% decline in fiscal 2026 earnings.
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Mizuho Raises Microsoft (MSFT) Price Target to $540, Reiterates Outperform on AI Strength
Microsoft Corporation (NASDAQ:MSFT) is highlighted as a key AI stock to watch, with Mizuho analyst Gregg Moskowitz raising the price target from $500 to $540 and maintaining an Outperform rating. This comes as part of a Q2 earnings preview, where Mizuho notes strong AI adoption and healthy cybersecurity demand, although some delays in deal completions may limit fundamental upside this quarter. Microsoft is positioned as a leader in AI-powered cloud, productivity, and business solutions, focusing on efficiency and security. Despite its potential, some investors may seek other AI stocks with greater upside potential and less downside risk.
CyberArk Bets on Secure AI Agents: Will This Unlock Next Growth Wave?
CyberArk Software is expanding its identity security platform to manage risks from autonomous AI agents. In Q1 2025, CyberArk introduced the Secure AI Agents Solution, which combines existing platform capabilities with AI-specific features to manage privileged access and secure interactions. The solution treats AI agents as autonomous identities, providing visibility and privilege control. CyberArk has expanded access to these capabilities through AWS Marketplace, aiming to simplify Zero Standing Privileges adoption. This move could create cross-sell opportunities and drive growth, with revenue and EPS growth estimates of 31.9% and 26.4% for 2025. Competitors like CrowdStrike and Okta are also enhancing their platforms with AI capabilities.
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Okta Emphasizes AI-Driven Security: Can PANW Advance Its Lead?
Okta is enhancing its identity protection capabilities by integrating artificial intelligence (AI) into its security strategy. The companys new AI-driven features allow for real-time detection and response to identity-based threats. Okta is expanding its security tools to protect non-human identities, aligning with a zero-trust security model. A significant development is Oktas partnership with Palo Alto Networks, which integrates Oktas threat detection with Palo Altos security platforms, enhancing automated threat response and identity workflows. This collaboration benefits nearly 2,000 shared customers. Despite facing competition from CyberArk and Microsoft in the identity and access management domain, Oktas AI-driven approach and strategic partnerships position it well for growth.
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CyberArk (CYBR) Exceeds Market Returns: Some Facts to Consider
CyberArks stock rose by 1.46% in the latest session, outperforming the S&P 500s daily gain. Despite a recent monthly decline of 2.7%, the company is expected to report strong earnings and revenue growth in its upcoming earnings disclosure on August 7, 2025. Analysts forecast an EPS of $0.79, a 46.3% increase from the previous year, and revenue of $315.43 million, a 40.37% growth. The full-year estimates predict earnings of $3.83 per share and revenue of $1.32 billion, indicating significant year-over-year growth. CyberArk holds a Zacks Rank of #1 (Strong Buy), suggesting a positive business outlook.
CyberArk Announces Availability of Tools to Secure AI Agents in the New AWS Marketplace AI Agents and Tools Category
CyberArk, a leader in identity security, has announced the availability of its Secure Cloud Access (SCA) MCP Server and Agent Guard in the AWS Marketplace AI Agents and Tools category. This move allows customers to easily discover, purchase, and deploy AI agent solutions using their AWS accounts, facilitating the development of agentic workflows. These tools are part of CyberArks Identity Security Platform, aimed at securing privileged access for AI agents and addressing the risks associated with uncontrolled AI adoption. The SCA MCP Server and Agent Guard enhance security by embedding Zero Standing Privileges capabilities and integrating securely with credential providers. This development is expected to bolster CyberArks growth by expanding its reach and enhancing its product offerings.
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PANW Stock Trades at a Discount: Should You Buy, Sell or Hold?
Palo Alto Networks, Inc. is currently trading at a discounted valuation compared to its industry peers, making it an attractive option for investors. The company is well-positioned to benefit from the growing demand for advanced cybersecurity solutions, with the global market projected to expand significantly. Palo Alto Networks strategic partnership with NVIDIA to develop AI-powered private 5G security solutions highlights its focus on next-generation technologies. The companys transition to a platform-based model has been successful, securing over 90 new platform deals in the third quarter of fiscal 2025. Despite a slowdown in sales growth, with revenue growth in the mid-teen percentage range, the company continues to innovate in AI, automation, and cloud security, reinforcing its competitive edge.
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Is CyberArk Software (CYBR) Outperforming Other Computer and Technology Stocks This Year?
CyberArk, a company in the Computer and Technology sector, has shown strong performance this year, outperforming its sector with a 13.2% return since the start of the year. The company holds a Zacks Rank of #1 (Strong Buy), indicating a positive earnings outlook. The Zacks Consensus Estimate for CyberArks full-year earnings has increased by 84.3% in the past quarter, reflecting improving analyst sentiment. While CyberArk is slightly underperforming its specific Security industry, which has gained an average of 18.6% this year, it remains a strong performer in the broader sector. Investors are encouraged to keep an eye on CyberArk and similar stocks for continued solid performance.
CYBR Stock Trades at a P/S of 12.81X: Should You Buy, Sell or Hold?
CyberArk Software is experiencing significant growth in the identity security space, with a CAGR of 44% from 2020 to 2024 and an ARR of $1.17 billion in fiscal 2024. The company has recently surpassed 10,000 customers and is leveraging AI solutions, such as CyberArk Secure AI Agents and CORA AI, to enhance its identity security platform. Collaborations with Accenture and strategic partnerships with tech giants like Microsoft, AWS, and Google Cloud are further expanding its market reach. CyberArks acquisitions of Zilla Security and Venafi have bolstered its capabilities in identity governance and machine identity, contributing to its revenue growth. The company projects revenues of $1.313-$1.323 billion for 2025, reflecting a year-over-year growth of 31.88%.
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Will CyberArk (CYBR) Beat Estimates Again in Its Next Earnings Report?
CyberArk, a company in the Zacks Security industry, has a strong track record of surpassing earnings estimates, with an average surprise of 18.36% over the past two quarters. In the most recent quarter, CyberArk reported earnings of $0.79 per share against an expected $0.98, marking a 24.05% surprise. The companys positive Earnings ESP of +1.59% and Zacks Rank #3 (Hold) suggest potential for another earnings beat in the upcoming report on August 7, 2025. This trend of exceeding expectations has led to higher estimates, indicating a growth-positive outlook for CyberArk.
Can Platform Expansion Keep Aiding CyberArk's Subscription ARR Growth?
CyberArk reported significant growth in its subscription services for the first quarter of fiscal 2025, with subscription annual recurring revenues (ARR) surpassing $1.03 billion, a 65% increase from the previous year. This growth is largely driven by existing customers expanding their use of CyberArks platform, as seen with a Fortune 100 financial services firm and PDS Health. The companys focus on cross-selling synergies and self-hosted subscription deals is reshaping its business model towards recurring revenues. CyberArks management remains optimistic about continued growth, projecting a 26% increase in subscription ARR by 2025. Competitors like Zscaler and SentinelOne are also experiencing growth through platform expansion and AI innovation.
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Why CyberArk (CYBR) Outpaced the Stock Market Today
CyberArks stock ended a recent trading session at $405.31, marking a 2.56% increase from the previous day. Despite this, the stock has fallen by 0.22% over the past month, underperforming compared to the Computer and Technology sector and the S&P 500. Analysts are optimistic about CyberArks upcoming financial results, expecting significant year-over-year growth in earnings and revenue. The Zacks Consensus Estimates predict earnings of $3.83 per share and revenue of $1.32 billion for the fiscal year, indicating substantial growth from the previous year. CyberArk currently holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 103.3, which is higher than the industry average. The companys PEG ratio stands at 4.25.
CyberArk To Announce Second Quarter 2025 Financial Results on August 7
CyberArk, a leader in identity security, announced it will report its second quarter 2025 financial results on August 7, 2025. The company will host a conference call to discuss these results and its business outlook. CyberArks AI-powered Identity Security Platform is designed to secure human and machine identities, reducing operational and security risks. The announcement is expected to have a growth-positive impact on the company as it highlights its ongoing commitment to security and innovation. The conference call will be accessible via phone and webcast, with a replay available for one week.
CrowdStrike Stock Rises 11% in a Month: Time to Hold or Book Profits?
CrowdStrike Holdings has experienced a significant surge in its stock price, outperforming its industry peers. The companys growth is driven by strong enterprise demand for its AI-native cybersecurity solutions, particularly its Falcon Flex subscription model. This model has led to substantial customer growth and increased annual recurring revenue (ARR), which reached $4.44 billion, a 22% year-over-year increase. Notably, a Fortune 100 company expanded its deal with CrowdStrike to over $100 million, and GuidePoint Security became the fifth partner to surpass $1 billion in total deal value. These developments highlight CrowdStrikes robust ecosystem-driven growth and position it well to achieve its long-term goal of $10 billion in ARR.
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CyberArk (CYBR) Upgraded to Buy: Here's What You Should Know
CyberArk has been upgraded to a Zacks Rank #2 (Buy), indicating a positive outlook for its earnings estimates. This upgrade reflects an upward trend in earnings estimates, which is a significant factor influencing stock prices. The Zacks rating system is highly regarded for its ability to predict near-term stock movements based on earnings estimate revisions. The upgrade suggests an improvement in CyberArks business fundamentals, which is expected to lead to increased stock prices as institutional investors adjust their valuation models. The article highlights the importance of tracking earnings estimate revisions for making informed investment decisions.
Here's Why CyberArk (CYBR) is a Strong Momentum Stock
CyberArk Software Ltd., headquartered in Petah Tikva, Israel, is a leading provider of IT security solutions, serving over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. The company has been recognized for its strong performance in the stock market, boasting a Momentum Style Score of A and a VGM Score of B, with a Zacks Rank #2 (Buy) rating. Despite a slight decline in stock price over the past week, CyberArk has seen a 47.1% increase over the past year. Analysts have revised earnings estimates upwards, reflecting positive investor sentiment.
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CrowdStrike’s Rally Is Splitting Wall Street. Why This Analyst Still Backs It.
CrowdStrikes stock has seen a significant rise of 45% this year, leading to a division among Wall Street analysts regarding its valuation. Despite concerns from some analysts, Wedbush remains optimistic about the cybersecurity companys potential for continued growth. The article highlights the ongoing debate over CrowdStrikes valuation and its future prospects in the cybersecurity market.
Okta Eyes 15% Revenue CAGR by FY26: What's the Upside Potential?
Okta is targeting a 15% compound annual growth rate in revenues, projecting an increase from $1.86 billion in fiscal 2023 to approximately $2.85-2.86 billion by fiscal 2026. The companys first-quarter fiscal 2026 performance showed an 11.5% revenue increase to $688 million, with a 21% rise in remaining performance obligations. Oktas expanding identity platform, including offerings like Identity Governance and Privileged Access, is gaining traction among large enterprises, supported by strategic partnerships such as with AWS. Despite competition from Microsoft and CyberArk, Oktas strong execution and growing enterprise base position it well in the cloud security market.
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CyberArk (CYBR) Exceeds Market Returns: Some Facts to Consider
CyberArks stock closed at $398.76, marking a 2.79% increase from the previous day, outperforming major indices like the S&P 500 and Nasdaq. Despite a 2% decline over the past month, the company is expected to report a significant rise in earnings per share (EPS) and revenue for the upcoming quarter and fiscal year. Analysts project a 46.3% increase in EPS and a 40.37% rise in revenue for the quarter. The Zacks Consensus Estimates predict a 26.4% increase in EPS and a 31.88% rise in revenue for the fiscal year. CyberArks stock is currently rated as a Hold by Zacks Rank, with a Forward P/E ratio of 101.4, indicating it is trading at a premium compared to its industry average.
Microsoft, Meta And 3 IPOs Lead This Barrage Of Breakout Stocks To Watch
The article highlights the current market uptrend, focusing on Microsoft, Meta, and three IPOs as part of a group of 81 breakout stocks to watch. This suggests a positive outlook for these companies, with Microsoft and Meta leading the charge. The article implies that these companies are well-positioned in the market, contributing to their growth potential. The mention of IPOs indicates ongoing public trading activities, which could further influence market dynamics. Overall, the article presents a growth-positive perspective for Microsoft and Meta, emphasizing their roles in the current stock market landscape.
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Is Zscaler Stock a Buy, Sell or Hold at a P/S Multiple of 15.56X?
Zscaler, Inc., a leading cybersecurity company, is facing challenges despite its high-growth trajectory. The companys current price-to-sales multiple is higher than the industry average, raising concerns about its stock valuation. Revenue growth has slowed to 22.6% in fiscal 2025, compared to higher growth rates in previous years. Economic uncertainty has led to cautious IT budgets among customers, resulting in longer deal cycles. Zscaler faces competition from companies like Palo Alto Networks and CrowdStrike, which are investing heavily in future cybersecurity technologies. Despite these challenges, Zscaler continues to innovate, with its Zero Trust Exchange gaining significant adoption. The company aims to expand its customer base and sales force, though this may impact near-term profitability.
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Panasonic Adopts CyberArk for Enhanced Identity Security
CyberArk Software Ltd. has successfully implemented its Identity Security Platform at Panasonic Information Systems Co. Ltd., a part of the Panasonic Group. This deployment is part of Panasonics digital transformation initiative, aimed at securing privileged access to thousands of servers. The implementation replaces Panasonics previous manual approach with an automated, centralized system that enhances visibility and security. This move is seen as a positive development for CyberArk, as it strengthens its position in the identity security market. The article also mentions the potential of AI stocks, suggesting they may offer greater investment opportunities.
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DA Davidson Raises CyberArk (CYBR) Price Target, Maintains Buy Rating
CyberArk Software Ltd. (NASDAQ:CYBR) has received a positive outlook from DA Davidson, with analyst Rudy Kessinger raising the firms price target to $465 from $435 and maintaining a Buy rating. This revision follows an investor call with CyberArks CFO, where the managements tone was optimistic despite a typically back-end loaded quarter. The company is executing well, with no signs of macroeconomic weakness affecting its performance. CyberArk is known for its leadership in identity security and privileged access management, and its transition to a subscription-based model is contributing to predictable revenue growth. The revised price target reflects confidence in CyberArks market position and execution capabilities.
Is It Worth Investing in CyberArk (CYBR) Based on Wall Street's Bullish Views?
The article discusses the analyst recommendations for CyberArk (CYBR), highlighting its average brokerage recommendation (ABR) of 1.13, which is between Strong Buy and Buy. Out of 32 recommendations, 29 are Strong Buy and two are Buy, indicating a strong positive sentiment from brokerage firms. However, the article cautions against relying solely on these recommendations due to potential biases. It suggests using them to validate personal research or alongside reliable indicators like the Zacks Rank, which is based on earnings estimate revisions. The article emphasizes the importance of a comprehensive approach to investment decisions rather than relying solely on brokerage recommendations.
CyberArk (CYBR) Outpaces Stock Market Gains: What You Should Know
CyberArks stock closed at $403.56, marking a 1.03% increase from the previous day, outperforming the S&P 500s gain. The companys shares have gained 4.78% over the past month. Investors are keenly awaiting CyberArks upcoming earnings report, with projections indicating a 46.3% increase in EPS and a 40.37% increase in revenue compared to the same quarter last year. The full-year estimates predict a 25.74% increase in earnings per share and a 31.88% increase in revenue. Analysts have recently revised their estimates upwards, reflecting optimism about CyberArks business operations. The company is currently rated as a Zacks Rank #2 (Buy). CyberArks Forward P/E ratio is 104.93, higher than the industry average, and its PEG ratio is 4.32.
Identity & Access Management Market Global Forecast Report to 2030, with Profiles of Okta, Oracle, Broadcom, CyberArk Software, Ping Identity, SailPoint Technologies, One Identity, ForgeRock, and more
The Identity & Access Management Market is experiencing significant growth, driven by AI-driven adaptive authentication, cloud adoption, and increased regulatory compliance. The market expanded from USD 28.47 billion in 2024 to USD 33.06 billion in 2025, with a projected CAGR of 15.53%, reaching USD 67.70 billion by 2030. This growth is fueled by regulatory scrutiny, cloud-centric infrastructure migration, and the rise of remote and hybrid work. The report provides insights for decision-makers to develop robust access governance strategies, supporting growth and enterprise resilience across various sectors, including banking, government, and healthcare.
Are Computer and Technology Stocks Lagging Creative Realities, Inc. (CREX) This Year?
Creative Realities, Inc. (CREX), a member of the Computer and Technology sector, has shown impressive stock performance this year. With a Zacks Rank of #1 (Strong Buy), the companys full-year earnings estimate has increased by 196.8% over the past three months, indicating positive analyst sentiment. CREX has returned 32.7% year-to-date, outperforming the sectors average gain of 3.6%. The company is part of the Internet - Software industry, which has gained 15.4% this year, further highlighting CREXs strong performance. Investors are advised to monitor CREX and CyberArk, another strong performer in the sector.
Panasonic Information Systems Secures Access to Thousands of Servers with CyberArk
CyberArk, a leader in identity security, has partnered with Panasonic Information Systems Co. Ltd. to implement its Identity Security Platform. This collaboration is part of Panasonics digital transformation initiative to enhance security by automating privileged access management across thousands of servers. The implementation aims to address inefficiencies from manual processes and improve visibility into access requests. CyberArks solution provides Panasonic with a modernized approach to privileged access, ensuring security policies are standardized and operational efficiencies are increased. This partnership is a significant step in strengthening Panasonics global security defenses.
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High Growth Tech Stocks To Watch In US June 2025
Ascendis Pharma, a biopharmaceutical company, is making significant progress in the biotech sector with its TransCon-based therapies. The companys recent announcement regarding the FDAs priority review of TransCon CNP (navepegritide) highlights its potential impact on treating skeletal abnormalities in children. Promising interim results from the COACH Trial have shown notable improvements in growth and proportionality. With a forecasted annual revenue growth of 35.1% and an expected turn to profitability within three years, Ascendis is well-positioned for future innovations and market expansion. Their commitment to R&D and exploration of additional applications of their TransCon technology platform further underscores their growth potential.
Product StageFDA approved/pending approval
CyberArk's Machine Identity Push: Is Venafi the Game Changer?
CyberArk is experiencing growth in the machine identity market, driven by its acquisition of Venafi. This acquisition has become a key growth catalyst, with Venafi included in nine of CyberArk’s top 10 deals in the first quarter of fiscal 2025. Notable customer expansions include a Fortune 100 financial services firm and PDS Health, both of which have expanded their use of CyberArks offerings. The acquisition of Venafi, completed in late 2024, is expected to increase CyberArks total addressable market by $10 billion. The company is addressing the growing machine identity challenge, which has become a significant attack surface in enterprise IT. Competitors like CrowdStrike and Palo Alto Networks are also enhancing their platforms to meet security demands.
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Okta's Cross App Access Expands Security Portfolio: Buy the Stock?
Okta is expanding its security portfolio with the launch of Cross App Access, a new protocol aimed at securing AI agents. This initiative is part of Oktas broader strategy to protect non-human identities and enhance security for developers building AI applications. The company is collaborating with independent software vendors (ISVs) to integrate this protocol, which simplifies authorization processes and enhances compliance. Oktas innovative offerings, including Okta AI and other identity management solutions, are driving significant customer growth, with the company reporting 20,000 customers and $4.084 billion in remaining performance obligations. Oktas strong partner ecosystem, featuring companies like AWS, Google, and Microsoft, is also contributing to its success. The companys shares have risen 25.2% year-to-date, outperforming its sector and peers.
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Okta's Security Portfolio Expands Clientele: A Sign of More Upside?
Okta is experiencing growth due to its innovative identity solutions portfolio, which is attracting large-cap customers, including Global 2000 companies and government agencies. The companys annual contract value customer base grew by 20% year over year, indicating strong enterprise adoption. Oktas solutions, such as Identity Governance, Identity Threat Protection, and Privileged Access, are meeting the complex demands of sectors like energy, telecom, and insurance. The public sector is also contributing to Oktas growth, with significant deals from U.S. government entities. Additionally, Oktas Customer Identity Cloud (Auth0) is gaining traction in large-scale deployments, with notable clients switching from competitors like Microsoft. This highlights trust in Oktas ability to provide secure and scalable identity experiences.
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Zilla's Early Wins: Can it Accelerate CyberArk's Expansion?
CyberArk continues to expand its identity security platform, reporting an Annual Recurring Revenue (ARR) of $1.215 billion in the first quarter of fiscal 2025. The acquisition of Zilla Security in February 2025 has contributed significantly to this growth, adding $5 million in ARR. Zilla Security, an identity governance company, enhances CyberArks platform with AI-powered identity governance and administration capabilities. The acquisition has been well-received, with positive customer feedback, particularly in simplifying access reviews and automating provisioning. Zillas offerings, such as Zilla Comply and Zilla Provisioning, are now integral to CyberArks platform. The company anticipates further contributions from Zilla in the latter half of 2025 and into 2026. Meanwhile, competitors like Palo Alto Networks and Zscaler are also enhancing their security platforms.
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Why CyberArk (CYBR) Dipped More Than Broader Market Today
CyberArk, a company specializing in software that detects attacks on privileged accounts, closed the recent trading day at $383.05, a decrease of 1.4% from the previous session. Despite this, the companys shares have gained 3.92% over the past month, surpassing the Computer and Technology sectors gain of 2.98% and the S&P 500s gain of 0.45%. The upcoming earnings release is anticipated to show a 46.30% increase in EPS to $0.79 and a 40.37% rise in revenue to $315.43 million compared to the same quarter last year. For the fiscal year, earnings are projected to increase by 25.74% and revenue by 31.88%. CyberArk is currently trading at a premium with a Forward P/E ratio of 102.04.
CyberArk’s (CYBR) Price Target Raised to $480 at Jefferies
CyberArk Software Ltd. is highlighted as a must-buy AI stock, with Jefferies reiterating its Buy rating and raising the price target to $480. The company has shown impressive performance, with a 16% yearly gain, 35.12% revenue growth, and a 77.91% gross profit margin. CyberArk specializes in cybersecurity, focusing on Identity Security and Privileged Access Management (PAM), and uses AI to enhance its platform. Jefferies expects significant growth in annual recurring revenue through new PAM customers and cross-selling opportunities. The article suggests that while CyberArk is a strong investment, other AI stocks may offer greater upside potential.
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Flood Of AI Moves Puts This Cybersecurity Stock In Buy Range
Palo Alto, a cybersecurity company, has seen its stock enter a buy range, joining other cybersecurity peers like CrowdStrike, CyberArk, and Rubrik. This development is attributed to a surge in AI-related moves within the industry, which has positively impacted Palo Altos market position. The article highlights the companys growth potential in the cybersecurity sector, especially with the increasing integration of AI technologies. The stocks performance suggests a positive outlook for investors, as it aligns with the broader trend of AI adoption in cybersecurity.
Should You Buy CyberArk Stock After a 10.7% Rise in a Month?
CyberArk Software has experienced a 10.7% increase in its share price over the past month, outperforming its peers in the Zacks Security industry. The company is enhancing its identity security platform with AI technology, including the integration of Secure AI Agents Solution and CORA AI. CyberArk has partnered with Accenture to further enhance its platform. The company has made significant acquisitions, including Venafi for $1.54 billion and Zilla Security for $165 million, to strengthen its position in machine identity management. These strategic moves are expected to drive growth, with CyberArk projecting a revenue increase of 31.89% for 2025.
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Top Stock Picks for Week of June 16, 2025
Dave Inc. has demonstrated significant growth in the fintech sector, ending the first quarter of 2025 with 12.4 million members and adding 569,000 new members, reflecting a 15% year-over-year growth. The companys stock has surged by 540.5% over the past year, far outperforming its industry peers and the broader market. The Zacks Consensus Estimate predicts a 36.7% increase in revenues for 2025 and a 24.2% rise for 2026. This growth positions Dave Inc. as an attractive investment opportunity in the fintech space. The article highlights the companys proprietary underwriting engine as a key differentiator.
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This Top Computer and Technology Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
CyberArk Software Ltd., a company specializing in IT security solutions, has been upgraded to the Zacks Rank #1 list as of May 23, 2025. This upgrade reflects a positive trend in earnings estimate revisions and strong market momentum. CyberArk is a key security partner for over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. Analysts have revised their earnings estimates upwards, forecasting a 25.7% growth in earnings and a 31.9% increase in sales for fiscal 2025. The companys stock has risen by 10.4% over the past four weeks, outperforming the S&P 500s gain of 3.6%.
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Why Is CyberArk (CYBR) Up 11.5% Since Last Earnings Report?
CyberArk has experienced a positive trend in its stock performance, with shares increasing by about 11.5% since the last earnings report, outperforming the S&P 500. The company has a strong Growth Score of A but lags in Momentum and Value Scores. Despite this, CyberArk holds a Zacks Rank #1 (Strong Buy), indicating expectations of above-average returns in the coming months. The article compares CyberArks performance with Qualys, another company in the security industry, which also holds a Zacks Rank #1. The focus is on the companys earnings performance and its potential for continued growth.
How CYBR is Leveraging AI to Cement Its Identity Security Leadership
CyberArk is enhancing its identity security platform by integrating AI technologies, including the Secure AI Agents Solution and CORA AI. The company is collaborating with Accenture to further enhance its platform. These advancements aim to protect AI agents and secure a wide range of identities, including human, AI, and machine. CyberArks subscription ARR grew by 65% year over year in the first quarter of 2025, and the company expects significant revenue growth for the year. The identity security and access management market is projected to grow at a CAGR of 8.4% from 2024 to 2029, providing ample opportunities for CyberArk and its competitors like CrowdStrike and Okta.
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If You Invested $1000 in CyberArk a Decade Ago, This is How Much It'd Be Worth Now
CyberArk Software Ltd., headquartered in Petah Tikva, Israel, is a leading provider of information technology security solutions. Founded in 1999, the company serves over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. CyberArks offerings include the CyberArk Shared Technology Platform, Privileged Account Security Solution, and Sensitive Information Management Solution. The company operates under three revenue categories: Subscription, Perpetual License, and Maintenance and Professional Services, with Subscription revenues accounting for 73.3% of total revenue in 2024. CyberArks main competitors in the access and identity management market include CA, Dell, IBM, Microsoft, and Oracle. The company has a significant presence in the U.S., EMEA, and other global regions.
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CyberArk for MSPs: Enhanced Console and New Program Enable MSPs to Build Differentiated, Converged Identity Security Services
CyberArk, a leader in identity security, announced updates to its console and partner program aimed at Managed Services Providers (MSPs). The new CyberArk MSP Hub is a SaaS-based management console that allows MSPs to offer the CyberArk Identity Security Platform to their customers. This update is part of a new MSP-optimized partner program designed to drive profitable growth in identity security. The program will enable MSPs to provide converged identity security services, including privileged access management, identity governance, and identity and access management. The initiative aims to optimize operational efficiency, differentiate service offerings, and drive profitability for MSPs. CyberArks commitment to empowering MSP partners is evident in their scalable and easy-to-use platform, which addresses complex identity-centric challenges and supports sustainable revenue growth.
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Is CyberArk (CYBR) a Buy as Wall Street Analysts Look Optimistic?
The article discusses the analyst ratings for CyberArk (CYBR), highlighting its average brokerage recommendation (ABR) of 1.13, which indicates a strong buy. Out of 32 recommendations, 29 are strong buys, and two are buys. The article cautions against relying solely on these recommendations due to potential biases from brokerage firms. It suggests using the ABR in conjunction with other tools like the Zacks Rank, which is a quantitative model based on earnings estimate revisions, to make more informed investment decisions. The article emphasizes the importance of validating brokerage recommendations with independent research to better predict stock price movements.
3 Top Cybersecurity Stocks to Buy in June
The article discusses the growth potential of three cybersecurity companies: Zscaler, CyberArk, and Cloudflare. Zscaler is highlighted for its cloud-native zero trust systems, serving over 7,500 customers and securing more than 500 billion transactions daily. Analysts expect Zscalers revenue to grow at a compound annual rate of 21% from fiscal 2024 to 2027, with profitability anticipated by 2027. The company plans to expand its AI-powered ZDX Copilot platform and integrate its acquisition of Red Canary. CyberArk focuses on privileged access management and has acquired Venafi to boost its revenue. Cloudflare aims to enhance its CDN and AI capabilities. The article suggests these companies are well-positioned for growth despite economic challenges.
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Zacks Industry Outlook Highlights CyberArk Software, Okta and Qualys
The Zacks Security industry, including companies like CyberArk Software Ltd., Okta, Inc., and Qualys, Inc., is experiencing robust demand for cybersecurity products. This demand is driven by the increasing need for secure networks and cloud-based applications, especially with the rise of hybrid work environments. However, short-term growth prospects may be hampered by organizations delaying investments due to global economic slowdown concerns, macroeconomic challenges, and geopolitical tensions. Additionally, increased operating expenses related to hiring and marketing strategies are expected to pressure profit margins. Despite these challenges, the industrys focus on addressing rising cyber threats is driving the need for comprehensive IT security solutions.
Is CyberArk's AI Focus Enough to Sustain Its ARR Growth Momentum?
CyberArk Software reported strong first-quarter fiscal 2025 results, with Annual Recurring Revenues (ARR) reaching $1.22 billion, up from $1.17 billion in the previous quarter. The companys shift to a subscription-based model has provided financial stability, with subscription ARR now accounting for 85% of total ARR. CyberArk is expanding into AI with its new Secure AI Agent product, designed to protect AI systems. The company secured significant customer wins, including a multi-six-figure ARR deal with a U.S.-based software company. CyberArk aims for full-year fiscal 2025 ARR of $1.41 to $1.42 billion, indicating a 21% year-over-year growth. Competitors like Zscaler and SentinelOne are also experiencing growth through AI innovations.
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Top Stock Picks for Week of June 9, 2025
CyberArk Software Ltd. is experiencing growth due to the increasing demand for cybersecurity solutions, driven by digital transformation strategies and the need for privileged access security. The company has a strong presence across various sectors, including banking, healthcare, government, and utilities, which helps mitigate the impact of reduced IT spending. CyberArks shift towards software-as-a-service and subscription-based solutions is boosting its revenue. The company is also expanding into AI with its new Secure AI Agent product, designed to protect both autonomous and human-controlled AI systems. CyberArk aims for significant ARR growth by fiscal 2025. The company has a robust financial position with no debt and is gaining new customer accounts.
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CyberArk Software Ltd. (CYBR): A Bull Case Theory
CyberArk Software Ltd. reported a strong first quarter in 2025, with a 43.3% year-over-year revenue increase to $317.6 million, surpassing estimates. The companys Annual Recurring Revenue (ARR) reached $1.215 billion, driven by new ARR and the acquisition of Zilla Security. Subscription revenue grew significantly, although gross margins decreased due to acquisition investments. CyberArk expanded its identity security capabilities, introducing new modules to address AI threats. The company saw increased adoption of its solutions, with significant cross-selling success. Despite macroeconomic risks, CyberArk raised its full-year guidance, expecting continued ARR growth and strong free cash flow. The company is not among the 30 most popular stocks among hedge funds, but it is held by 64 hedge fund portfolios.
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AI-Driven Growth Makes These 4 Cybersecurity Stocks a Must-Buy
The article discusses the growing importance of cybersecurity in the digital economy, highlighting the increasing frequency and sophistication of cyberattacks. It emphasizes the role of AI in transforming cybersecurity from a reactive to a proactive approach. Companies like CyberArk Software are leveraging AI to enhance their security solutions, positioning themselves for sustainable growth. The global cybersecurity market is projected to grow significantly, driven by the complexity of IT systems and the need for data protection. CyberArk is specifically noted for its identity security solutions and its new Secure AI Agent, which addresses AI-driven machine identity risks.
Zacks Market Edge Highlights: AppLovin, AngloGold Ashanti, Birkenstock, CyberArk Software and European Wax Center
The article discusses the Zacks Market Edge podcast, which highlights top growth stocks. AppLovin Corp., a large-cap technology platform, is featured as one of the top growth stocks. The company is expected to see significant earnings growth, with an 85.2% increase anticipated this year and another 41.9% in 2026. AppLovins shares have risen by 28% year-to-date. The article also mentions AngloGold Ashanti, a gold mining company, which is expected to see a 133.5% earnings growth in 2025 due to record-high gold prices. The podcast aims to identify stocks with sustained growth potential.
3 Security Stocks to Buy From a Thriving Industry Trend
The Zacks Security industry is witnessing a surge in demand for cybersecurity products due to the increasing need for secure networks and cloud-based applications. This demand is driven by a rise in data breaches and the need for privileged access security, fueled by digital transformation and cloud migration strategies. Companies like CyberArk Software Ltd., Okta, Inc., and Qualys, Inc. are benefiting from these trends. However, short-term growth may be affected by delayed investments in large technology products due to global economic slowdown concerns and geopolitical tensions. Additionally, increased operating expenses related to hiring and marketing strategies are expected to pressure profit margins.
Is Wireless Ronin Technologies (CREX) Stock Outpacing Its Computer and Technology Peers This Year?
Wireless Ronin Technologies Inc. (CREX), a member of the Computer and Technology sector, is currently outperforming its peers with a year-to-date gain of about 37.1%, compared to the sectors average return of 1.4%. The company holds a Zacks Rank of #1 (Strong Buy), indicating a strong earnings outlook. Over the past three months, the Zacks Consensus Estimate for CREXs full-year earnings has increased by 46%, reflecting positive analyst sentiment. CREX is part of the Internet - Software industry, which has gained about 13.3% this year, further highlighting CREXs superior performance. Investors are advised to monitor CREX and CyberArk, another strong performer in the sector.
At the end of the first quarter, the cybersecurity company had $776 million in cash, and no debt.
CyberArk Software, an Israeli cybersecurity company, recently completed a successful convertible bond offering, raising $1.1 billion, which could increase if investors exercise an option to purchase additional bonds. The company plans to use $96.8 million for capped call transactions to reduce shareholder dilution. CyberArks share price has risen by 21.2% since the beginning of the year, and it is now Israels second most valuable company. The company has also made significant acquisitions, purchasing Venafi for $1.45 billion and Zilla Security for $165 million. With a market cap of $20.3 billion, CyberArk focuses on enterprise identity management.
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5 Top Growth Stocks to Buy Now
The article discusses the Zacks Market Edge Podcast, which highlights top growth stocks with a historical and future growth rate of 20% or more. Among the companies mentioned, AppLovin Corp. stands out as a large-cap technology platform with significant earnings growth expected in the coming years. The companys earnings are projected to rise by 85.2% this year and another 41.9% in 2026. The article also mentions other companies like AngloGold Ashanti, Birkenstock Holding, and CyberArk Software, each experiencing varying degrees of growth. The focus is on identifying stocks with strong growth potential, making them attractive investment opportunities.
CyberArk Software Ltd. Announces Pricing of Upsized Private Offering of $1.1 billion of 0.00% Convertible Senior Notes due 2030
CyberArk Software Ltd. announced the pricing of $1.1 billion in Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers. The offering size was increased from the previously announced $750 million. The notes will not bear regular interest and will mature on June 15, 2030. CyberArk has granted initial purchasers a 13-day option to purchase an additional $150 million of notes. The notes can be redeemed under certain conditions, and holders have the right to require repurchase upon a fundamental change. The sale is expected to settle on June 10, 2025.
PIPE/PO
PANW vs. CYBR: Which Cybersecurity Stock is the Better Buy Now?
CyberArk Software, a U.S.-based cybersecurity company, is strengthening its position in the identity security market through strategic acquisitions and innovative AI solutions. The company acquired Venafi for $1.54 billion and Zilla Security for $165 million, enhancing its capabilities in machine identity management and machine-to-machine security. CyberArks Secure AI Agent solution, which integrates AI-specific discovery and context, is expected to be available to customers later this year. The companys financial growth is supported by strong demand and a focus on expanding its portfolio, with sales and non-GAAP EPS rising significantly in the first quarter of 2025.
AcquisitionCustomers
CyberArk Software Ltd. Announces Proposed Private Offering of $750 million of 0.00% Convertible Senior Notes due 2030
CyberArk Software Ltd. announced a private offering of $750 million in Convertible Senior Notes due 2030, targeting qualified institutional buyers. The company has also granted initial purchasers a 13-day option to buy an additional $125 million in notes. The notes, which will not bear regular interest, are convertible into cash, ordinary shares, or a combination thereof, at CyberArks discretion. Redemption options are available under specific conditions, and noteholders may require repurchase if a fundamental change occurs. This move is seen as growth-positive, providing CyberArk with significant capital for future endeavors.
PIPE/PO
The Zacks Analyst Blog Highlights CyberArk, Okta and Qualys
CyberArk Software Ltd. is experiencing growth due to the increasing demand for cybersecurity and privileged access security solutions. The company benefits from a strong presence across various sectors, including banking, healthcare, government, and utilities, which helps mitigate the impact of reduced IT spending. CyberArks strategic focus on software-as-a-service and subscription-based solutions is driving revenue growth. The company is expanding its customer base, which provides opportunities for upselling products. Additionally, CyberArk has successfully closed several significant seven-figure deals in recent quarters.
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Bull of the Day: CyberArk Software (CYBR)
CyberArk Software, an Israeli-based cybersecurity company, is experiencing growth due to its specialized Privileged Access Management (PAM) solutions. The company serves over 5,400 global businesses, including a significant portion of the Fortune 500 and Global 2000 companies. CyberArks technology helps secure and manage privileged access to critical systems, reducing the risk of cyberattacks. The demand for cybersecurity solutions has increased with the rise of data breaches and the shift to remote work. CyberArk has consistently outperformed Wall Street expectations, with its revenue projected to triple from $400 million in 2020 to $1.2 billion in 2025.
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3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
CyberArk Software Ltd. is experiencing growth due to the rising demand for cybersecurity and privileged access security solutions. The company benefits from a strategic shift towards software-as-a-service and subscription-based models, which is driving top-line growth. CyberArk has a strong presence across various sectors, including banking, healthcare, government, and utilities, which helps mitigate the impact of reduced IT spending. The company is gaining new customer accounts and closing significant seven-figure deals, contributing to increased deferred revenues and visibility. These factors, along with product refreshes, support CyberArks revenue growth.
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CyberArk and Ecopetrol have been highlighted as Zacks Bull and Bear of the Day
CyberArk Software, an Israeli-based company specializing in Privileged Access Management (PAM), has been highlighted as a strong buy by Zacks Equity Research. The company provides IT security solutions to over 5,400 global businesses, including a significant portion of Fortune 500 and Global 2000 companies. CyberArks technology helps secure and manage privileged access to critical systems, reducing the risk of cyberattacks. The demand for cybersecurity solutions has increased due to the rise in data breaches and the shift to remote work. CyberArk has consistently grown its revenue, tripling from $400 million in 2020 to an expected $1.2 billion in 2025, and has surpassed analyst expectations for five consecutive quarters.
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Should You Buy, Sell or Hold ZS Stock After a 46% Rise in 3 Months?
Zscaler, Inc. has experienced a significant stock price increase of 46% over the past three months, outperforming its industry peers. The company has launched new solutions and formed strategic partnerships, including with SAP and NVIDIA, to enhance its cybersecurity offerings. Zscaler has also acquired Red Canary to expand its capabilities in managed detection and response solutions. The integration of AI technologies and partnerships with companies like CrowdStrike are strengthening Zscalers product portfolio. The companys financial performance is robust, with a high dollar-based retention rate and a growing number of high-value customers.
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5 Momentum Picks to Tap Market Rally in June After an Impressive May
In May, Wall Street experienced a significant rally, with major stock indexes like the Nasdaq Composite and S&P 500 recording their best months since November 2023. This optimism was fueled by expectations of a U.S.-China trade deal and delayed tariffs on the EU. CyberArk Software Ltd. is benefiting from increased demand for cybersecurity solutions amid rising data breaches and digital transformation. The companys strategic shift towards software-as-a-service and subscription-based solutions is driving revenue growth. CyberArks strong presence across various sectors and its ability to close large deals are contributing to its top-line growth. The company is expected to see revenue and earnings growth rates of 31.9% and 25.1%, respectively, for the current year.
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Zacks Investment Ideas feature highlights: CyberArk, Lam Research and monday.com
CyberArk Software Ltd. is experiencing growth due to the increasing demand for cybersecurity and privileged access security solutions. Despite a challenging economic environment and a downturn in the tech-heavy Nasdaq Composite, CyberArks strategic shift towards software-as-a-service and subscription-based solutions is driving top-line growth. The company is gaining customer accounts, which enhances its revenue potential. CyberArks strong presence across various sectors, including banking, healthcare, government, and utilities, helps mitigate the impact of reduced IT spending. The company has successfully closed several large deals, contributing to deferred revenues and increased visibility. These factors collectively support CyberArks positive growth outlook.
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The Zacks Rank Explained: How to Find Strong Buy Computer and Technology Stocks
CyberArk Software Ltd., a company providing IT security solutions, was upgraded to the Zacks Rank #1 list on May 23, 2025. This upgrade reflects a positive trend in earnings estimate revisions and strong market momentum. The company, headquartered in Petah Tikva, Israel, serves over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. Analysts have revised their earnings estimates higher for fiscal 2025, with an expected earnings growth of 25.1% and revenue increase of 31.9%. The stock has risen 8.6% over the past four weeks, outperforming the S&P 500s gain of 7.4%.
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3 Nasdaq-Listed Tech Stocks Flying-High in 2025 Signaling More Upside
The article discusses the recent downturn in U.S. stock markets in 2025 following a strong AI-driven bull run in 2023 and 2024. The technology sector, particularly AI-focused stocks, has been hit hard due to high valuations, inflation, weak economic data, and geopolitical issues. Despite this, certain Nasdaq-listed technology stocks, including CyberArk Software Ltd., have shown resilience, providing double-digit returns. CyberArk is benefiting from increased demand for cybersecurity solutions amid rising data breaches and digital transformation. The company is expanding its customer base and securing large deals, contributing to revenue growth. CyberArks strategic shift towards software-as-a-service and subscription models is also driving its top-line growth.
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Are You Looking for a Top Momentum Pick? Why CyberArk (CYBR) is a Great Choice
The article discusses CyberArk (CYBR), a company that currently holds a Momentum Style Score of A and a Zacks Rank of #1 (Strong Buy). The article highlights the companys recent stock performance, noting that shares have increased by 7.41% over the past week and 57.86% over the past year, outperforming both its industry and the S&P 500. The article emphasizes the importance of momentum investing and how CyberArks stock performance makes it a solid momentum pick. The Zacks Momentum Style Score and Zacks Rank are used to evaluate the companys potential for continued growth.
Here's How Much a $1000 Investment in CyberArk Made 10 Years Ago Would Be Worth Today
CyberArk Software Ltd., headquartered in Petah Tikva, Israel, is a leading provider of information technology security solutions, serving over 5,400 global businesses, including more than 50% of the Fortune 500. The company offers a range of products designed to protect organizational privileged accounts from cyber-attacks, with significant revenue generated from subscription services. In 2024, CyberArks subscription revenues accounted for 73.3% of total revenue. The company operates globally, with a significant presence in the U.S., EMEA, and other regions. CyberArk faces competition from major players like IBM, Microsoft, and Oracle in the access and identity management market. The article highlights CyberArks strong market position and diverse customer base, indicating a growth-positive outlook.
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Brokers Suggest Investing in CyberArk (CYBR): Read This Before Placing a Bet
The article discusses the brokerage recommendations for CyberArk, which currently holds an average brokerage recommendation (ABR) of 1.13, indicating a strong buy. The ABR is derived from 32 brokerage firms, with 90.6% of recommendations being Strong Buy. Despite the positive ratings, the article cautions against relying solely on these recommendations due to potential biases. It suggests using the Zacks Rank, a proprietary stock rating tool, to validate investment decisions. The Zacks Rank is based on earnings estimate revisions and is considered a reliable indicator of a stocks near-term price performance. The article emphasizes the importance of combining different analytical tools for more informed investment decisions.
Are Computer and Technology Stocks Lagging Wireless Ronin Technologies (CREX) This Year?
Wireless Ronin Technologies Inc. (CREX) is currently outperforming its peers in the Computer and Technology sector, with a year-to-date performance of about 18%, compared to the sectors average loss of 2.6%. The company holds a Zacks Rank of #1 (Strong Buy), indicating a positive earnings outlook. The Zacks Consensus Estimate for CREXs full-year earnings has increased by 46% over the past quarter, reflecting improved analyst sentiment. CREX is part of the Internet - Software industry, which has gained about 5.3% this year, further highlighting CREXs strong performance. Investors are encouraged to monitor CREX and CyberArk, another strong performer in the sector.
Exploring US High Growth Tech Stocks In May 2025
ARS Pharmaceuticals, Inc., a biopharmaceutical company with a market cap of $1.41 billion, focuses on developing treatments for severe allergic reactions. The company recently received FDA approval for neffy, a needle-free epinephrine nasal spray, which is expected to drive revenue growth. ARS Pharmaceuticals has partnered with ALK-Abello to target pediatricians, aiming to expand its market reach. Despite reporting a net loss of $33.94 million in Q1 2025, the company is poised for growth due to the anticipated adoption of neffy, especially during the back-to-school season.
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3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
The article discusses the long-term growth potential of three cybersecurity companies: Fortinet, CyberArk, and Cisco Systems. Fortinet is highlighted for its broad portfolio of enterprise security products and its custom chip development, which enhances system efficiency. The company has experienced significant revenue and EPS growth from 2014 to 2024, with continued growth expected. CyberArk is noted for its leadership in the privileged access management market, with strong revenue growth and future profitability anticipated. Cisco Systems, while primarily a networking company, has a substantial cybersecurity division that contributes significantly to its revenue. The article emphasizes the resilience and growth prospects of these companies in the cybersecurity sector.
3 Intriguing Tech Stocks to Watch After Earnings: CRWV, CSCO, CYBR
CoreWeave, specializing in cloud computing for AI infrastructure, released its first quarterly report after going public in late March. Despite a net loss of $149.6 million, the company showed rapid top-line expansion with Q1 sales increasing by 420% to $981.6 million. Nvidia disclosed a major stake in CoreWeave, owning 24.18 million shares, and is a key partner providing GPUs for CoreWeaves AI cloud infrastructure. CoreWeave secured a $4.1 billion deal with OpenAI and counts Microsoft and Meta Platforms as customers. The companys stock has soared over 100% since its IPO, reaching an all-time high of $84 per share.
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Why CyberArk (CYBR) is a Top Momentum Stock for the Long-Term
CyberArk Software Ltd., headquartered in Petah Tikva, Israel, is a leading provider of IT security solutions. The company serves over 5,400 global businesses, including more than half of the Fortune 500 and over 35% of the Global 2000 companies. The article highlights CyberArks strong performance in the stock market, with a Zacks Rank of #3 (Hold) and a Momentum Style Score of A. Despite a slight decline of 1.7% in the past week, the stock has risen by 7.1% over the past four weeks and 45.7% over the last year. The companys earnings estimates have been revised upwards, showcasing its robust financial health and making it a favorable choice for momentum investors.
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Morning Movers: UnitedHealth sinks following CEO exit and outlook suspension
UnitedHealth Group experienced a significant stock decline of 10% following the resignation of CEO Andrew Witty. Former CEO Stephen Hemsley will step in as the interim leader. The company also suspended its financial outlook due to rising medical costs, contributing to the negative market reaction. This management change and financial uncertainty have impacted the companys growth prospects negatively. The broader market showed mixed signals, with stock futures indicating a potential pause after a recent rally driven by optimism over a U.S.-China trade deal.
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CyberArk Q1 Earnings and Revenues Surpass Estimates, Stock Up
CyberArk Software Ltd. reported strong financial results for the first quarter of 2025, with non-GAAP earnings of 98 cents per share surpassing expectations by 24% and revenues of $317.6 million exceeding estimates by 3.9%. The companys robust performance in identity security and subscription revenue growth contributed to a 43.4% year-over-year revenue increase. CyberArks stock rose by 2.96% in pre-market trading following the announcement. The company also acquired Zilla, impacting its cash balance. As of March 31, 2025, CyberArks Annual Recurring Revenues (ARR) reached $1.22 billion, with a significant portion from subscriptions. The companys financial health remains strong, with a non-GAAP gross profit increase of 44.6% year over year.
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CyberArk Software Ltd (CYBR) Q1 2025 Earnings Call Highlights: Strong Financial Performance and ...
CyberArk Software Ltd reported strong financial results for the first quarter of 2025, with total ARR reaching $1.215 billion and revenue of $318 million. The company achieved an 18% operating margin and generated $96 million in free cash flow. CyberArks Identity Security platform, which includes solutions for securing human, machine, and AI identities, is gaining traction. The integration of Venafi and Zilla Security is contributing positively to the companys results. Despite macroeconomic uncertainties and competitive pressures, CyberArk maintains a strong position in the market. The company is transitioning from maintenance to subscription models and is focused on educating the market about machine Identity Security.
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CyberArk Software (NasdaqGS:CYBR) Announces Q1 Earnings With Revenue Up To US$318 Million
CyberArk Software reported a strong financial performance for the first quarter of 2025, with a 43% increase in revenue to $317.6 million and a doubling of net income to $11.46 million. This growth aligns with a 3.4% increase in share price over the past month. The companys strategic acquisitions, including Venafi and Zilla Security, have bolstered its position in the AI-driven identity security sector. Despite being currently unprofitable, CyberArk has shown a 276.07% total shareholder return over the past five years, outperforming the US Software industry. The companys valuation remains high, with a Price-To-Sales ratio above industry norms, emphasizing the need for continued financial improvements.
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CyberArk Software Q1 Results Beat Expectations Amid Strong Demand, Wedbush Says
CyberArk Softwares Q1 results have surpassed expectations, driven by strong demand, according to Wedbush. This positive performance is reflected across all key metrics, indicating a robust financial standing for the company. The article suggests that CyberArk is experiencing growth, which is likely to have a positive impact on its market position. The detailed financial results are part of a premium news article, accessible through a subscription plan.
CyberArk (CYBR) Surpasses Q1 Earnings and Revenue Estimates
CyberArk reported quarterly earnings of $0.98 per share, surpassing the Zacks Consensus Estimate of $0.79 per share, marking a 24.05% earnings surprise. The company also exceeded revenue expectations, posting $317.6 million compared to the estimated $310.97 million. This performance continues a trend of surpassing consensus estimates over the last four quarters. CyberArks stock has risen by about 10.4% since the start of the year, outperforming the S&P 500. The companys future stock performance will depend on managements commentary and earnings outlook. Currently, CyberArk holds a Zacks Rank #3 (Hold), indicating expected market-aligned performance.
Compared to Estimates, CyberArk (CYBR) Q1 Earnings: A Look at Key Metrics
CyberArk reported a strong financial performance for the quarter ended March 2025, with revenue reaching $317.6 million, a 43.4% increase year-over-year, and an EPS of $0.98. The company exceeded the Zacks Consensus Estimate for revenue and EPS, with surprises of +3.91% and +24.05%, respectively. Key metrics such as Total Annual Recurring Revenue (ARR) and Subscription ARR also surpassed analyst estimates. Despite a modest stock performance compared to the S&P 500, CyberArks financial results indicate a positive growth trajectory. The companys stock holds a Zacks Rank #3 (Hold), suggesting it may perform in line with the broader market.
PDS Health Expands CyberArk Deployment to Automate Certificate Lifecycle Management at Scale
CyberArk, a leader in identity security, has announced that PDS Health, a major healthcare support organization, will expand its use of CyberArks solutions. PDS Health will integrate CyberArks Zero Touch PKI and Certificate Manager to enhance its identity security program. This move aims to modernize PDS Healths public key infrastructure and automate certificate lifecycle management, addressing the challenges posed by the increasing number of TLS certificates and shorter certificate lifespans. The partnership will help PDS Health prevent costly outages and improve compliance, ultimately enhancing service delivery and patient outcomes.
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CyberArk Announces Strong First Quarter 2025 Results
CyberArk, a leader in identity security, reported strong financial results for Q1 2025, with total ARR reaching $1.215 billion and a subscription portion of $1.028 billion. The company achieved a total revenue of $318 million and a free cash flow of $96 million. The results were bolstered by acquisitions of Venafi and Zilla Security, enhancing CyberArks platform capabilities. The company emphasizes the importance of identity security, especially with the rise of machine identities and AI agents. CyberArks platform is designed to manage security across all identity types, positioning it well for continued growth and profitability in 2025.
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CyberArk Earnings, Revenue Top Views Amid Shift To Subscription Model
CyberArk, a cybersecurity firm, reported first-quarter earnings that exceeded expectations, driven by a strategic shift to a subscription-based business model. This transition appears to be positively impacting the companys financial performance, as evidenced by the earnings report. Despite the positive earnings, the companys stock fell, which may reflect market reactions to the broader economic context or other factors not detailed in the article. The shift to a subscription model is a significant move for CyberArk, aligning with industry trends and potentially offering more predictable revenue streams.
Under Armour revenue, Intuitive Machines and CyberArk's guidance
Under Armour exceeded revenue forecasts for its fiscal fourth quarter, reporting a decline of 11% to $1.2 billion, which was better than the anticipated 13% decline. This has boosted optimism for a turnaround for the retailer. The company provided a cautious outlook for the first quarter of fiscal 2026, expecting a revenue fall of 4 to 5% compared to Q1 of fiscal 2025 due to evolving trade policies and macroeconomic conditions. The article also mentions Intuitive Machines and CyberArk, highlighting their positive financial guidance and earnings performance.
CyberArk Software's Q1 Non-GAAP Net Income, Revenue Rise; Full-Year Guidance Revised
CyberArk Software reported a positive financial performance for the first quarter, with a rise in non-GAAP net income to $0.98 per diluted share. The company also saw an increase in revenue, leading to a revision of its full-year guidance. This indicates a growth-positive impact on the company, reflecting strong financial health and potential for future growth. The article highlights the companys financial results and revised guidance, suggesting confidence in its market position.
CyberArk: Q1 Earnings Snapshot
CyberArk Software Ltd., based in Petach-Tikva, Israel, reported a first-quarter net income of $11.5 million, or 22 cents per share. Adjusted earnings were 98 cents per share, surpassing Wall Street expectations of 79 cents per share. The companys revenue for the period was $317.6 million, exceeding the forecast of $305.7 million. For the upcoming quarter, CyberArk anticipates earnings per share between 74 and 81 cents and revenue between $312 million and $318 million. The full-year earnings are expected to range from $3.73 to $3.85 per share, with revenue between $1.31 billion and $1.32 billion.
CyberArk to Report Q1 Earnings: Is a Beat in Store for the Stock?
CyberArk Software Ltd. is expected to exceed expectations for its first-quarter 2025 earnings report, scheduled for May 13. The company anticipates non-GAAP earnings per share between 74-81 cents, with a consensus estimate of 79 cents, indicating a 5.3% year-over-year decline. However, revenue is projected to grow by 39% year-over-year, driven by increased demand for cybersecurity solutions, particularly in privileged access management. CyberArks shift to a software-as-a-service and subscription-based model is expected to bolster revenue growth, with subscription revenues estimated to rise by 54.1%. Despite strong demand, the company faces challenges from slower IT spending and broader macroeconomic uncertainties.
Insights Into CyberArk (CYBR) Q1: Wall Street Projections for Key Metrics
CyberArk is expected to report quarterly earnings of $0.79 per share, marking a 5.3% year-over-year increase. Revenues are anticipated to reach $305.66 million, a 38% increase from the previous year. Analysts have revised the consensus EPS estimate upward by 3.7% over the past 30 days. The companys Revenues- Subscription is projected to grow by 160.6% year-over-year, while Total Annual Recurring Revenue (ARR) is expected to reach $1.19 billion, up from $811 million last year. Despite a slight decline in Revenues- Maintenance and professional services and Revenues- Perpetual license, the overall outlook remains positive. CyberArk shares have gained 3% in the past month, aligning with the markets performance.
CyberArk (CYBR) Stock Drops Despite Market Gains: Important Facts to Note
CyberArk, a company specializing in software that detects attacks on privileged accounts, recently closed at $360.70, marking a slight decrease from the previous day. Despite this, the companys stock has gained 14.84% over the past month. Analysts are closely monitoring CyberArks upcoming earnings report, scheduled for May 13, 2025, which is expected to show a 5.33% growth in EPS and a 37.96% increase in revenue compared to the previous year. The Zacks Consensus Estimates predict a 20.79% increase in earnings per share and a 31.33% rise in revenue for the entire fiscal year. The companys stock is currently rated as a Hold by the Zacks Rank system, which has a strong track record of predicting stock performance.
חברת ההייטק הישראלית: פתרנו אחת מהבעיות הקשות ביותר בעולם ה-AI
CyberArk, an Israeli company specializing in identity security, announced a new platform designed to secure AI agents. These agents, which perform tasks autonomously using machine learning and AI, have become targets for hackers seeking to steal sensitive information. The platform aims to differentiate between legitimate agents and those posing as such for data theft, and includes mechanisms to restrict access to untrustworthy agents and securely manage AI agent permissions. CEO Matt Cohen emphasized the importance of integrating human and machine identity security principles to protect organizations from breaches.
CyberArk To Present at Upcoming Investor Conferences
CyberArk, a leader in identity security, announced its participation in several upcoming investor conferences, including those hosted by J.P. Morgan, TD Cowen, BofA Securities, William Blair, and Mizuho. The company will present its AI-powered Identity Security Platform, which focuses on securing human and machine identities through intelligent privilege controls and zero trust principles. These presentations will be webcast live and archived on CyberArks investor relations website. The participation in these conferences is expected to enhance CyberArks visibility and potentially attract new investors, highlighting its commitment to innovation and security.
CyberArk (CYBR) Reports Next Week: Wall Street Expects Earnings Growth
CyberArk is expected to report a year-over-year increase in earnings and revenues for the quarter ending March 2025. The earnings report, anticipated on May 13, 2025, could influence the companys stock price depending on whether the results meet or exceed expectations. Analysts have revised the consensus EPS estimate upward by 3.65% over the past 30 days, reflecting a positive outlook. The company is projected to post earnings of $0.79 per share, a 5.3% increase from the previous year, and revenues of $305.66 million, up 38%. The Zacks Earnings ESP model suggests a positive earnings surprise is likely, especially when combined with a strong Zacks Rank.
CyberArk Software Ltd. (CYBR) Is a Trending Stock: Facts to Know Before Betting on It
CyberArk, a company specializing in software that detects attacks on privileged accounts, has seen its stock return +1.9% over the past month, outperforming the Zacks S&P 500 composites -0.7% change. The Zacks Security industry, to which CyberArk belongs, gained 10.8% during this period. The companys earnings estimates have been revised upwards, with a projected earnings of $0.79 per share for the current quarter, a year-over-year change of +5.3%. For the current fiscal year, the consensus earnings estimate is $3.65, a +20.5% change from the prior year. These positive revisions have resulted in a Zacks Rank #2 (Buy) for CyberArk, indicating a strong correlation between earnings estimate revisions and short-term stock price movements.
CyberArk (CYBR) Stock Sinks As Market Gains: Here's Why
CyberArk, a company specializing in software that detects attacks on privileged accounts, ended a recent trading session with a slight decrease in stock price. However, over the past month, its shares have outperformed the broader market and the Computer and Technology sector. The company is set to release its earnings report on May 13, 2025, with forecasts indicating significant growth in both earnings per share (EPS) and revenue compared to the previous year. Analysts have recently revised their estimates upwards, reflecting confidence in CyberArks business performance. The company currently holds a Zacks Rank of #2 (Buy), suggesting positive future stock performance. CyberArks valuation metrics, including a Forward P/E ratio and PEG ratio, indicate a premium compared to its industry.
CyberArk Announces Global Partner of the Year Award Winners
CyberArk, a leader in identity security, announced its 2024 Partner of the Year Award winners, recognizing top-performing partners who have excelled in delivering customer value and advancing identity security transformation. The awards highlight the critical role CyberArks partners play in strengthening identity security programs for organizations worldwide. The CyberArk Partner Network, one of the largest in the industry, includes over 1,800 global partners. Notable winners include Accenture, AWS, Deloitte, HCLTech, NTT DATA, and PwC. CyberArks AI-powered Identity Security Platform helps organizations secure human and machine identities, reduce risks, and enable zero trust and least privilege access. The announcement underscores CyberArks commitment to empowering partners and customers in the evolving security landscape.
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CyberArk Software Ltd. (CYBR): Among Billionaire George Soros’ Mid-Cap Stocks With Huge Upside Potential
CyberArk Software Ltd. is highlighted as one of the mid-cap stocks with significant upside potential, according to George Soros investment strategy. Soros Fund Management holds a stake valued at $46.7 million in CyberArk, which offers software-based identity security solutions. The company is recognized for its strong position in the market, particularly with its Venafi platform, which is considered a leader in machine identity. Analysts, including those from Jefferies, maintain a positive outlook on CyberArk, with a price target of $351, suggesting a 42.22% upside potential. The article underscores the importance of monitoring hedge fund investments for potential market outperformance.
Investment
CyberArk Named an Overall Leader in the KuppingerCole Analysts 2025 Leadership Compass for Enterprise Secrets Management
CyberArk has been recognized as an Overall Leader in the KuppingerCole Analysts 2025 Leadership Compass for Enterprise Secrets Management. This recognition highlights CyberArks leadership in Machine Identity Security. The company is noted for its innovative approach to identity security, bridging the gap between machine and human identity management. CyberArks AI-powered Identity Security Platform secures all identities with appropriate privilege controls. Following its acquisition of Venafi, CyberArk has expanded its portfolio to include comprehensive Machine Identity Security solutions. These solutions address emerging challenges such as reduced certificate lifespans and quantum computing. The recognition and expanded portfolio position CyberArk as a leader in the cybersecurity industry.
Acquisition
CyberArk (CYBR) Upgraded to Buy: Here's Why
CyberArk has been upgraded to a Zacks Rank #2 (Buy), reflecting an upward trend in earnings estimates. This upgrade indicates a positive outlook for the companys earnings, which could lead to increased buying pressure and a rise in stock price. The Zacks rating system, which tracks earnings estimate revisions, plays a crucial role in determining near-term stock price movements. The correlation between earnings estimate revisions and stock movements suggests that tracking these revisions can be rewarding for investors. The Zacks Rank system has a strong track record, with Zacks Rank #1 stocks generating significant returns since 1988.
CyberArk Software (NasdaqGS:CYBR) Unveils New Identity Security Solutions
CyberArk Software has experienced a 12% increase in its stock price, aligning with broader market trends. This growth is attributed to the companys introduction of new identity security solutions and strategic partnerships aimed at addressing AI-related security risks. These initiatives have likely bolstered investor confidence, despite market volatility. The company is integrating Venafi and Zilla Security, which could enhance revenue through cross-selling and market expansion. Over the past five years, CyberArks total shareholder return has been significant at 257.44%, indicating robust performance. The current share price is below the analyst consensus target, suggesting potential upside if integration efforts are successful.
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3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
The article discusses the growth potential of three cybersecurity companies: Palo Alto Networks, Zscaler, and Cyberark Software. Palo Alto Networks is leveraging AI for threat detection and has shown impressive financial growth. Zscaler is expanding its customer base and sees opportunities in 5G, AI, and IoT. Cyberark Software focuses on identity security and has acquired Zilla Security for $165 million to enhance its capabilities. The company has a strong customer base and aims to significantly grow its annual recurring revenue by 2028. Overall, the cybersecurity sector is experiencing robust demand due to increased digitalization and cloud adoption.
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Are Computer and Technology Stocks Lagging CyberArk Software (CYBR) This Year?
CyberArk, a member of the Computer and Technology group, has shown a positive stock performance year-to-date, outperforming the sector average. The company holds a Zacks Rank of #2 (Buy), with a 9.1% increase in the full-year earnings estimate over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook. CyberArk has returned approximately 3.6% since the start of the year, compared to the sectors average return of -12.1%. While it slightly underperforms its specific Security industry group, which gained 7.4% this year, CyberArk remains a strong performer in the broader sector.
CyberArk (CYBR) Exceeds Market Returns: Some Facts to Consider
CyberArks stock ended at $349.19, marking a 1.15% increase, outperforming the S&P 500s gain. The companys stock has risen by 1.18% over the past month, despite the Computer and Technology sectors losses. CyberArks upcoming earnings report, expected on May 13, 2025, is anticipated to show a 5.33% year-over-year growth in earnings per share and a 37.96% increase in quarterly revenue. Analysts have revised their estimates positively, indicating confidence in CyberArks performance. The company holds a Zacks Rank of #2 (Buy), with a Forward P/E ratio of 94.46 and a PEG ratio of 4.72, suggesting a premium valuation compared to industry averages.
Machine Identities Outnumber Humans by More Than 80 to 1: New Report Exposes the Exponential Threats of Fragmented Identity Security
CyberArk, a leader in identity security, released the 2025 Identity Security Landscape report, highlighting the growing risks associated with machine identities and AI. The study reveals that machine identities, driven by AI and cloud technologies, now outnumber human identities, with many having privileged access. However, organizations often lack adequate security controls, leading to increased vulnerability to identity-centric breaches. The report emphasizes the need for improved identity security measures, especially as AI adoption continues to rise, creating new identity challenges. The findings suggest a positive growth outlook for CyberArk as it addresses these emerging security needs.
Roth starts on cyber stocks with bullish views on CrowdStrike, CyberArk, Okta
Roth MKM initiated coverage on several cybersecurity stocks, including CrowdStrike, CyberArk, Okta, and SentinelOne, rating them as Buy due to their strong growth potential. CrowdStrike was highlighted as a well-positioned security firm with a broad portfolio and high-growth products contributing significantly to its revenue. CyberArk was noted for its growth potential and recent acquisition of Venafi. Oktas newer product adoption is gaining traction, while SentinelOnes technology is strong despite uneven execution. Check Point Software and Fortinet were rated Neutral due to slower growth and valuation concerns. Zscaler was also rated Neutral due to flat Net New ARR and slowed ZIA momentum. Roth lowered Amazons price target due to lowered estimates across its segments.
Investment
Oppenheimer Leans Into Cybersecurity, Names CrowdStrike and Zscaler as Earnings Season Picks
Despite macroeconomic pressures and tariff concerns, Oppenheimer remains optimistic about cybersecurity companies like CrowdStrike, CyberArk, and Zscaler. Analyst Ittai Kidron notes that while IT budgets are slowing, these companies are well-positioned due to their strong platforms and solutions. CrowdStrikes unified platform and cloud and identity protection strengths are highlighted as key growth drivers. CyberArks identity-focused tools and Zscalers Zero Trust architecture are also seen as significant advantages. The report suggests that while the short-term outlook may be uncertain, the long-term prospects for these cybersecurity firms remain positive.
Wall Street Bulls Look Optimistic About CyberArk (CYBR): Should You Buy?
The article discusses the analyst recommendations for CyberArk (CYBR), which currently holds an average brokerage recommendation (ABR) of 1.07, indicating a strong buy. This rating is based on recommendations from 30 brokerage firms, with 28 rating it as a strong buy and two as a buy. The article cautions against relying solely on these recommendations due to potential biases from brokerage firms. It suggests using the ABR to validate other tools like the Zacks Rank, which categorizes stocks into five groups based on earnings estimate revisions. The article emphasizes the importance of using multiple tools for investment decisions rather than relying solely on brokerage recommendations.
Will CyberArk (CYBR) Beat Estimates Again in Its Next Earnings Report?
CyberArk, a company in the Zacks Security industry, has a strong track record of surpassing earnings estimates, with an average surprise of 60.78% over the last two quarters. The company reported earnings of $0.80 per share in the last quarter, exceeding the Zacks Consensus Estimate of $0.71. In the previous quarter, it delivered earnings of $0.94 per share against an expected $0.45, marking a 108.89% surprise. Analysts have become bullish on CyberArks earnings prospects, as indicated by a positive Earnings ESP of +3.08% and a Zacks Rank #2 (Buy). The next earnings report is expected on May 13, 2025.
Investors Heavily Search CyberArk Software Ltd. (CYBR): Here is What You Need to Know
CyberArk, a company specializing in software that detects attacks on privileged accounts, has seen its stock return -6% over the past month. Despite this, the companys earnings projections remain strong, with an expected earnings per share of $0.78 for the current quarter, a 4% increase from the previous year. The consensus earnings estimate for the current fiscal year is $3.64, a 20.1% year-over-year increase, and $4.62 for the next fiscal year, a 27.1% increase. The Zacks Rank for CyberArk is #3 (Hold), indicating a stable outlook based on earnings estimate revisions.
CyberArk Announces 2025 Identity Security Impact Customer Award Winners
CyberArk, a leader in identity security, announced the winners of its 2025 Identity Security Impact Customer Awards at its annual conference, CyberArk IMPACT 25. The awards celebrate customers who have excelled in building transformative identity-centric programs that enhance security, speed, and agility in modern enterprises. Notable winners include Northern Trust, BMW Group, IHG Hotels & Resorts, and Cisco, each recognized for their innovative use of CyberArks solutions to advance identity security and support digital transformation. The awards highlight the importance of identity security in reducing cyber risks and driving business growth.
Customers
CyberArk (CYBR) Stock Sinks As Market Gains: What You Should Know
CyberArk, a company specializing in software that detects attacks on privileged accounts, closed the recent trading day at $325.84, marking a 1.65% decline. Despite this, the company is projected to report positive financial results, with earnings expected to grow by 5.33% year-over-year and revenue by 37.96% for the upcoming quarter. For the annual period, earnings are anticipated to increase by 20.13% and revenue by 31.43%. The Zacks Rank system currently rates CyberArk as a #3 (Hold), with a Forward P/E ratio of 90.94, indicating a premium valuation compared to its industry. The companys PEG ratio is 4.55, higher than the industry average. Investors are advised to monitor analyst forecast revisions, as these can impact stock prices.
CyberArk Software (NasdaqGS:CYBR) Soars 14% In One Week
CyberArk Software has launched new identity security solutions, including AI tools, and formed a partnership with Accenture to enhance AI security. These developments were announced during the IMPACT 2025 Conference and coincide with CyberArk achieving SOC 2 Type 2 compliance. The companys stock price increased by 14% over the last week, aligning with broader market gains. Despite negative earnings, CyberArks strategic focus on AI-driven identity security is expected to drive future revenue growth. Analysts estimate a fair value of US$444.42, indicating a potential 29.1% increase from the current price. The partnership with Accenture and the launch of new solutions are seen as positive steps towards reinforcing CyberArks position in the identity security market.
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CyberArk (CYBR) Stock Drops Despite Market Gains: Important Facts to Note
CyberArk, a company specializing in software for detecting attacks on privileged accounts, has seen its stock price reach $343.35, despite a slight decline of 1.74% compared to the previous day. The companys shares have outperformed the broader Computer and Technology sector over the past month. CyberArk is set to release its earnings on May 13, 2025, with projections indicating a 6.67% year-over-year growth in earnings per share and a 37.96% increase in revenue for the quarter. Analysts have adjusted their estimates, reflecting a positive outlook on the companys business health and profitability. CyberArks current valuation shows a premium compared to its industry, with a Forward P/E ratio of 95.89 and a PEG ratio of 4.79.
US High Growth Tech Stocks to Watch
Advanced Energy Industries, Inc. (AEIS) is navigating a volatile market environment with a focus on precision power conversion, measurement, and control solutions. Despite a dip in annual sales, the company shows a promising growth trajectory with earnings expected to surge by 53.7% annually. AEIS is leveraging its strong balance sheet for potential acquisitions to enhance its technological capabilities and market position, particularly in industrial and medical sectors. The companys proactive management strategies and investment in R&D are positioning it favorably within the high-tech landscape, making it a noteworthy option for investors amidst broader market turbulence.
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CyberArk Unveils First-Of-Its-Kind Machine Identity Security Solution To Secure Workloads Across Every Environment
CyberArk, a leader in identity security, has announced the release of its Secure Workload Access Solution, which offers comprehensive protection for non-human identities. This solution addresses the complexity and risk associated with machine identities in cloud-native architectures by providing visibility and control over the machine identity lifecycle. It integrates CyberArk Workload Identity Manager with CyberArk Secrets Manager to secure access across hybrid and multi-cloud environments. The solution aims to mitigate risks and prevent credential-based attacks by enforcing least privilege and modernizing workload authentication. This release is a strategic move to enhance CyberArks offerings in identity security, particularly in response to recent high-profile attacks.
Product Stage
CyberArk Bolsters Identity Security Platform with New Capabilities for Human, AI and Machine Identities
CyberArk, a leader in identity security, announced new solutions and capabilities at its IMPACT 2025 Conference. The company introduced enhancements to its Identity Security Platform, which now includes expanded functionality for securing human, AI, and machine identities. The innovations address the growing threat landscape and the rise of machine identities and Agentic AI, providing organizations with comprehensive security controls. Key features include AI-based session audits, policy recommendations, and a natural language interface for configuration. The new Control Center offers streamlined administration and improved user experiences. These advancements aim to protect critical assets, mitigate risks, and increase business resiliency.
CyberArk Strengthens Identity Security for AI Agents with Accenture’s AI Refinery
CyberArk, a leader in identity security, is partnering with Accenture to integrate Accentures AI Refinery with CyberArk’s AI-powered Identity Security Platform. This collaboration aims to enhance identity access controls for AI agents, addressing the growing need for robust cybersecurity measures as AI agents become more prevalent in production environments. The integration will help organizations manage and secure AI agents using Zero Trust principles, ensuring that AI agents are authenticated and have restricted access to critical systems. This partnership is expected to empower businesses to leverage AI securely, transforming their operations while maintaining stringent security controls. The initiative is in response to the increasing adoption of AI agents and the complex identity-centric cybersecurity challenges they present.
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CyberArk Announces Identity Security Solution to Secure AI Agents At Scale
CyberArk has announced the launch of the CyberArk Secure AI Agents Solution, designed to secure the privileged access of AI agents within organizational environments. This solution is part of the CyberArk Identity Security Platform and aims to address the growing identity security challenges posed by autonomous AI agents. These agents, acting with human-like autonomy and machine-like scalability, present new security risks as they interact with sensitive information and critical infrastructure. The solution will help organizations implement identity-first security measures, ensuring that AI agents are treated as privileged identities subject to continuous oversight and control. This development positions CyberArk as a leader in the rapidly evolving field of AI security.
CyberArk (CYBR) Stock Jumps 3.0%: Will It Continue to Soar?
CyberArks shares increased by 3% in the last trading session, closing at $315.29, driven by high trading volume and growing demand for identity and privileged access security solutions. The company is attracting a growing customer base from sectors like banking, healthcare, government, and utilities, seeking protection against Gen AI attacks. CyberArk is expected to report quarterly earnings of $0.80 per share, a 6.7% increase from the previous year, with revenues projected at $305.65 million, up 38% year-over-year. The stocks performance is closely tied to earnings estimate revisions, which have remained unchanged over the past 30 days. CyberArk holds a Zacks Rank #3 (Hold), indicating a neutral outlook. The article also compares CyberArk with Qualys, another security industry player.
Customers
CyberArk To Announce First Quarter 2025 Financial Results on May 13
CyberArk, a leader in identity security, announced it will report its first quarter 2025 financial results on May 13, 2025. The company will host a conference call to discuss these results and its business outlook. CyberArks AI-powered Identity Security Platform helps secure human and machine identities, reducing operational and security risks. The announcement is growth-positive as it highlights the companys ongoing commitment to transparency and its leadership in the identity security sector.
CyberArk Software (NasdaqGS:CYBR) Gains SOC 2 Compliance For Secure Browser Innovation
CyberArk Software experienced a 3% increase in its share price over the last quarter, attributed to its achievement of SOC 2 Type 2 compliance for its Secure Browser and strategic acquisitions of Venafi and Zilla Security. These developments, alongside new partnerships such as with Device Authority, have bolstered its AI-driven identity solutions and security measures. Despite a challenging market environment, CyberArks focus on innovation and broadening its product offerings has contributed to its robust growth. The company has significantly outperformed the US Software industry and the wider US market over the past year, with a total return of 300.38% over the last five years.
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CyberArk Secure Browser Achieves SOC 2 Type 2 Compliance
CyberArk, a leader in identity security, announced that its Secure Browser has achieved SOC 2 Type 2 Compliance. This certification highlights CyberArks commitment to securing user actions from endpoint to application with effective controls and processes. The CyberArk Secure Browser, designed for distributed workforces and unmanaged endpoints, provides secure access to applications and safeguards against threats like cookie theft and session takeover. SOC 2 Type 2 certification is based on the Trust Services Principles by the AICPA. This compliance is crucial for CyberArk customers aiming to protect sensitive enterprise data and reduce risks associated with SaaS and cloud infrastructure access.
CyberArk (CYBR) Stock Drops Despite Market Gains: Important Facts to Note
CyberArks stock closed at $345.69, slightly down by 0.74% from the previous session, underperforming the S&P 500s gain. Despite this, the companys shares have fared better than the broader Computer and Technology sector over the past month. Analysts are optimistic about CyberArks upcoming earnings report, forecasting an EPS of $0.80 and revenue of $305.65 million, marking significant growth from the previous year. The Zacks Consensus Estimates project a full-year EPS of $3.64 and revenue of $1.32 billion, indicating strong year-over-year growth. The companys valuation, with a Forward P/E ratio of 95.57, is higher than the industry average, reflecting investor confidence in its growth prospects. CyberArk holds a Zacks Rank of #3 (Hold), with recent positive revisions in analyst estimates signaling a favorable business outlook.
Stephens initiates cybersecurity coverage, calls CyberArk best idea
Stephens has initiated coverage of the cybersecurity sector, assigning Overweight ratings to CyberArk, Zscaler, CrowdStrike, and SentinelOne. CyberArk is highlighted as the Best Idea due to its strong positioning in identity security, benefiting from the growing complexity of securing identities across distributed users and applications. The report emphasizes the resilience of the cybersecurity market amid macroeconomic uncertainties, driven by the increasing sophistication and volume of cyber threats. The shift from on-premise to cloud-based solutions is noted, with companies like CyberArk positioned to benefit from these trends. The sector has outperformed the S&P 500 and IGV Software Index year-to-date, indicating strong market demand for next-generation cybersecurity solutions.
CyberArk to Host CyberArk IMPACT 2025: The Premier Conference for Identity Security
CyberArk, a leader in identity security, is hosting its annual conference, CyberArk IMPACT 2025, in Boston from April 9-11. The event will gather over 1,500 cybersecurity professionals to discuss the latest trends in identity-based threats and advancements in securing identities, including AI agents. Keynote speakers, including Jen Easterly, former CISA Director, will address the challenges and solutions in identity security amidst a growing threat landscape. The conference will feature over 70 breakout sessions, hands-on labs, and technical certifications, aiming to empower attendees to enhance their security strategies. Notable partners like AWS, Accenture, and PwC will also share insights. The event highlights CyberArks commitment to innovation in identity security.
Why CyberArk (CYBR) Outpaced the Stock Market Today
CyberArks stock closed at $338, marking a +0.67% move from the previous day, outperforming the S&P 500s daily gain. Despite a 7.73% depreciation over the past month, it outperformed the Computer and Technology sectors loss. The companys upcoming earnings release is anticipated, with projected EPS of $0.80, a 6.67% increase from last year, and quarterly revenue of $305.65 million, up 37.96%. For the fiscal year, earnings are projected at $3.64 per share and revenue at $1.32 billion, representing significant growth. Analyst optimism is reflected in positive estimate revisions, impacting stock performance. CyberArk holds a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 92.14, indicating a premium valuation.
The tariff-proof trade no one is talking about
The article discusses the critical role of cybersecurity in the AI boom, highlighting that companies like CrowdStrike, Palo Alto Networks, Fortinet, Zscaler, and CyberArk are well-positioned to benefit from the increasing demand for robust cybersecurity measures. Unlike other sectors, cybersecurity is unaffected by tariffs and trade wars, and its importance grows with the expansion of AI technologies. As AI applications generate more data, the risk of cyber threats increases, making cybersecurity essential infrastructure. The article suggests that investing in cybersecurity stocks is a wise decision amidst global uncertainty and geopolitical tensions.
The 'tariff-proof' sector no one's talking about
The article discusses the potential resilience of the cybersecurity sector amidst economic uncertainties, tariffs, and trade tensions. Wall Street veteran Kenny Polcari highlights that cybersecurity companies like CrowdStrike, Palo Alto Networks, Fortinet, Zscaler, and CyberArk are well-positioned to thrive due to the increasing reliance on AI technologies, which require robust security measures. Despite general market declines, these companies have shown resilience, as cybersecurity is less affected by tariffs targeting physical goods. The article emphasizes that as AI and data usage grow, so does the need for cybersecurity, making it a sector that could benefit from current global uncertainties.
CyberArk Stock Soars 17% in Six Months: Time to Hold or Fold?
CyberArk Software Ltd. has experienced a 17% surge in its stock over the past six months, outperforming the Zacks Computer and Technology sector and the S&P 500. The company is a leader in identity security, offering privileged access management and Zero Trust solutions. CyberArks strategic partnerships with Microsoft, Amazon, and Alphabet have expanded its market reach. The company recently acquired Venafi for $1.54 billion and Zilla Security for $165 million, enhancing its capabilities in machine identity management and cloud-based identity governance. CyberArk secures over 5,400 global businesses, including 50% of Fortune 500 companies, indicating strong demand for its solutions. Its partnerships and acquisitions are expected to boost ARR growth and strengthen its position in the cloud security landscape.
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NSE Cogencis Secures Critical Resource Access and Boosts Operational Efficiency With CyberArk
CyberArk, a leader in identity security, announced that NSE Cogencis has implemented its Identity Security Platform to enhance security and compliance. NSE Cogencis, a prominent data and analytics provider in India, sought to automate and secure privileged access to its infrastructure. By adopting CyberArks solutions, including Privilege Cloud and Remote Access, NSE Cogencis has improved its security posture by implementing Zero Trust principles and least privilege access. This move has not only strengthened defenses against unauthorized access but also improved IT productivity. CyberArks AI-powered platform offers comprehensive identity security, ensuring secure access for both human and machine identities.
Customers
Jefferies Sees Big Upside in CyberArk's Venafi from Cloud-Ready Integrations
CyberArk Software is receiving increased attention due to its Venafi platform, which is considered a leader in the machine identity market. Analyst Joseph Gallo from Jefferies maintains a Buy rating on CyberArk, with a price target of $351. The platforms numerous integrations and compatibility with multiple cloud platforms provide a competitive advantage. If 10% of CyberArks 8,500 customers adopt Venafi, it could generate an additional $85 million in recurring revenue. The article highlights the potential growth for CyberArk following its acquisition of Venafi.
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CyberArk (CYBR) Stock Sinks As Market Gains: Here's Why
CyberArk, a company specializing in software that detects attacks on privileged accounts, closed at $351 in the latest trading session, marking a slight decline of 0.22%. Despite this, the companys projected earnings per share (EPS) and revenue for the upcoming quarter and full year show significant growth compared to the previous year. The EPS is expected to increase by 6.67% for the quarter and 20.46% for the year, while revenue is projected to rise by 37.96% for the quarter and 31.43% for the year. Analysts have recently revised their estimates upwards, indicating a favorable outlook on CyberArks business health. The company is currently trading at a premium with a Forward P/E ratio of 96.27, compared to the industrys average of 61.78.
CyberArk Earns 5-Star Rating in 2025 CRN® Partner Program Guide
CyberArk, a leader in identity security, has been recognized with a 5-Star Award in the 2025 CRN Partner Program Guide. This accolade highlights CyberArks commitment to partner success by enhancing its partner program with a structured MSP framework and investments in SaaS and subscription growth. The company focuses on scalability, automation, and profitability to equip partners with the necessary tools and resources. The recognition underscores CyberArks dedication to empowering partners and driving business growth through effective identity security solutions. The award is a testament to CyberArks ability to adapt to the evolving needs of the channel and end customers.
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Zacks Industry Outlook Highlights Palo Alto, Fortinet, Okta and CyberArk
The article discusses the current trends and challenges in the cybersecurity industry, highlighting companies like Palo Alto Networks, Fortinet, Okta, and CyberArk Software. The industry is experiencing strong demand for cybersecurity products due to the rise in data breaches and the need for secure networks and cloud-based applications, especially with the increase in hybrid work environments. However, short-term growth may be affected by global economic slowdown concerns, macroeconomic challenges, and geopolitical tensions. Additionally, increased operating expenses related to hiring and marketing are expected to pressure profit margins. Despite these challenges, the demand for cybersecurity solutions remains robust, driven by the need for protection against various cyber threats.
CyberArk (CYBR) Stock Moves -0.45%: What You Should Know
CyberArk, a company specializing in software that detects attacks on privileged accounts, saw a slight decline in its stock price by 0.45% in the latest trading session, outperforming broader market indices. Despite a 16.18% loss over the past month, the company is expected to report positive financial results, with an anticipated EPS of $0.80 and revenue of $305.65 million for the upcoming quarter. This represents a significant increase compared to the previous year. Analysts have revised their forecasts upwards, indicating a favorable outlook on CyberArks business health and profitability. The company currently holds a Zacks Rank of #3 (Hold) and is trading at a premium with a Forward P/E ratio of 94.81.
3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
The article discusses the growth potential of three cybersecurity companies: CrowdStrike, CyberArk, and Tenable. Despite economic challenges like tariffs and inflation, the cybersecurity sector remains resilient. CrowdStrikes cloud-native platform, Falcon, has seen significant customer adoption, with revenue growing at a CAGR of 52% from fiscal 2020 to 2025. Analysts expect continued growth at a CAGR of 21% from 2025 to 2027. CyberArk and Tenable also show promising growth prospects in their respective niches. CrowdStrikes business model, focusing on cloud-based services and subscription models, positions it as a strong growth stock in the cybersecurity market.
Customers
4 Security Stocks to Watch on Prospering Industry Trends
The Zacks Security industry is experiencing a surge in demand for cybersecurity products due to the rise of hybrid work environments and increasing data breaches. Companies like Palo Alto Networks, Fortinet, Okta, and CyberArk are benefiting from this trend. However, short-term growth may be hampered by global economic slowdowns and geopolitical tensions, which are causing organizations to delay investments in large technology products. Additionally, increased operating expenses related to hiring and marketing are expected to pressure profit margins. The industry provides a variety of security solutions, including identity access management and malware analysis, and is driven by the need for protection against cyber threats like ransomware and account takeovers.
CyberArk (CYBR) Partners With Microsoft to Secure Industrial IoT
The article discusses the advancements in AI technology, highlighting the role of CyberArk Software Ltd. in the evolving AI landscape. The focus is on the introduction of Manus, an AI agent capable of operating autonomously without human intervention, which marks a significant step in AI-driven automation. This development is expected to impact various sectors, including HR, tech development, logistics, and customer service, by increasing efficiency and raising concerns about unemployment and AI ethics. The global AI in HR market is projected to grow significantly, driven by AI integration in HR processes. The article positions CyberArk as a key player in this growth trajectory.
New CyberArk Research: Rapid Growth of Machine Identities, AI Adoption and Cloud Native Innovations Leave Organizations More Vulnerable to Attacks
CyberArk, a leader in identity security, released its 2025 State of Machine Identity Security Report, highlighting the increasing challenges and risks associated with machine identities. The report reveals a significant rise in machine identity-related security incidents, with 72% of organizations experiencing certificate-related outages in the past year. The growth of AI and cloud-native innovations has led to a surge in machine identities, which now outnumber human identities. Security leaders emphasize the importance of securing machine identities to protect AI systems from cyberattacks. Despite the existence of machine identity security programs in 92% of organizations, many lack maturity, leading to inefficiencies and risks. The report underscores the need for a cohesive strategy to manage machine identities effectively.
The cybersecurity company's share price has almost tripled in value in the past three years.
CyberArk Software, an Israeli cybersecurity company, has seen its share price triple over the past three years, reaching a market cap of over $20 billion. The company, led by CEO Matt Cohen, specializes in enterprise identity management and has expanded its offerings through strategic acquisitions, including Venafi for $1.54 billion and Zilla Security for $165 million. CyberArks recent financial results exceeded analysts expectations, with significant revenue growth and a positive outlook for 2025. Investment firms like BlackRock and Thoma Bravo have shown interest, with BlackRock holding shares valued at $1.36 billion. Analysts have raised their price targets, reflecting confidence in CyberArks growth trajectory.
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CyberArk, which will pay $165 million for the US identity governance and administration company, has surpassed Teva to become Israel's second most valuable company.
CyberArk, an Israeli cybersecurity company, announced the acquisition of US-based Zilla Security for $165 million, with an additional $10 million in potential milestone payments. This acquisition aims to enhance CyberArks Identity Security Platform by integrating Zillas identity governance and administration capabilities. CyberArks recent financial results show strong growth, with a 41% increase in fourth-quarter revenue and a forecasted revenue growth of 31%-32% for 2025. The company has become the second most valuable Israeli company on Wall Street, surpassing Teva. CyberArks share price increased by 5% following the announcement, reflecting positive market sentiment.
Acquisition
CyberArk to Report Q4 Earnings: What's in Store for the Stock?
CyberArk Software Ltd. is set to announce its fourth-quarter 2024 results on February 13. The company anticipates non-GAAP earnings per share between 65-75 cents, with a consensus estimate of 71 cents, indicating a 12.4% year-over-year decline. However, revenue is projected to grow by 34.94% year-over-year, driven by increased demand for cybersecurity solutions amid rising data breaches and digital transformation. CyberArks shift towards software-as-a-service and subscription-based models is expected to boost revenue, with subscription revenues estimated to rise by 54.1% year-over-year. Despite a decline in perpetual license revenues, strong renewal rates are likely to stabilize maintenance and professional services revenues.
Exploring Analyst Estimates for CyberArk (CYBR) Q4 Earnings, Beyond Revenue and EPS
CyberArk is expected to report quarterly earnings of $0.71 per share, indicating a year-over-year decline of 12.4%. However, revenues are projected to be $301.05 million, up 34.9% from the previous year. Analysts have not revised their EPS estimates over the last 30 days, which is crucial for predicting investor behavior. The companys subscription revenue is expected to grow significantly by 54.9% to $232.74 million, while total annual recurring revenue is projected to reach $1.16 billion. CyberArks shares have returned 11.8% over the past month, outperforming the Zacks S&P 500 composites 2.1% change. The company holds a Zacks Rank #2 (Buy), suggesting potential market outperformance.
CyberArk Software Ltd. (CYBR) – AI Stock to Watch Amid US-China AI War
The article discusses the competitive landscape of AI technology, focusing on the rivalry between the US and China. CyberArk Software Ltd. is mentioned as part of the top AI stocks to watch amid this competition. The emergence of Chinese startup DeepSeek, which has unveiled low-cost AI models, poses a challenge to US dominance in AI. The US has implemented regulations to curb Chinas AI advancements. The article also highlights Indias efforts to enhance its AI capabilities by collaborating with OpenAI and establishing Centers of Excellence for AI research. The global AI race is intensifying, with countries like India aiming to capitalize on AIs potential across various sectors.
CDW vs. CYBR: Which Stock Is the Better Value Option?
The article compares two companies, CDW and CyberArk, within the Computers - IT Services sector, focusing on their valuation metrics and investment potential. CDW is highlighted as a more attractive option for value investors due to its stronger earnings estimate revision trends and more favorable valuation metrics, such as a lower forward P/E ratio and a better Value grade from Zacks Investment Research. The article suggests that CDW is currently undervalued and presents a better investment opportunity compared to CyberArk.
CyberArk and SentinelOne team on endpoint and identity security
CyberArk has announced a new integration with SentinelOnes AI-powered cybersecurity platform, SentinelOne Singularity. This partnership aims to enhance security by combining SentinelOnes endpoint detection and response capabilities with CyberArks Endpoint Privilege Manager. The integration provides a comprehensive security framework that accelerates threat identification and response through AI-enhanced security analytics. This collaboration is expected to empower customers by reducing the risk of privileged identity attacks and offering greater context for threat detection and response. The article also mentions that CyberArks price targets have been raised by several financial institutions, indicating positive market sentiment.
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CyberArk Software (CYBR) and SentinelOne Partner on AI Security
The article discusses the evolving landscape of AI, highlighting a shift from large, resource-intensive models to more efficient alternatives. CyberArk Software Ltd. is mentioned in the context of AI news and ratings. Sakana AIs CEO, David Ha, emphasizes the growing demand for GPUs driven by compact AI models like Tiny Swallow, which are efficient and can run on smartphones or web browsers. This trend is compared to the evolution of computing from mainframes to PCs. Ha argues that these advancements will increase GPU usage for inference tasks, benefiting companies like Nvidia. The article also ranks AI stocks based on hedge fund sentiment.
CyberArk Software Expected to Issue 2025 Annual Recurring Revenue Outlook In Line With Prior Guides, UBS Says
CyberArk Software is expected to issue a new annual recurring revenue outlook for 2025 that aligns with previous guidance, according to UBS. This indicates a stable growth trajectory for the company, as it continues to meet its financial targets. The announcement is seen as a positive indicator of the companys performance and market expectations. The article suggests that CyberArk is maintaining its strategic focus and financial discipline, which is likely to reassure investors and stakeholders.
Exploring High Growth Tech Stocks In February 2025
CyberArk Software Ltd., a leader in identity security solutions, is experiencing robust growth with an 18.8% annual revenue increase and a 31.8% rise in earnings projections. The company recently launched Identity Bridge, enhancing its competitive edge by modernizing Identity and Access Management for Linux systems. This innovation is crucial given the increasing cyber threats and aligns with CyberArks strategic focus on expanding its high-margin SaaS offerings. The companys performance outpaces US market averages, reflecting its strong position in the cybersecurity sector amidst growing digital transformation demands.
CyberArk and SentinelOne Team Up to Enable Step Change in Endpoint and Identity Security
CyberArk has announced a new integration with SentinelOnes AI-powered cybersecurity platform, SentinelOne Singularity, to enhance endpoint threat detection and response capabilities. This partnership aims to protect against privileged access misuse by combining CyberArks identity security solutions with SentinelOnes endpoint detection and response capabilities. The integration provides a comprehensive security framework that accelerates threat identification and response through AI-enhanced analytics. This collaboration benefits mutual customers by offering greater context and correlation for threat detection, threat hunting, and investigations. The integration is expected to simplify deployment and operations, providing a robust defense-in-depth strategy for organizations.
Partners
CyberArk Launches Essential New Companion Guide: "The Identity Security Imperative"
CyberArk, a leader in identity security, has released a new book titled The Identity Security Imperative: A Leader’s Guide to Securing Every Identity. The book provides a comprehensive roadmap for cybersecurity leaders to enhance their identity security strategies in the cloud-first, AI-first era. It addresses the growing importance of identity security, given that 93% of organizations have experienced multiple identity-related breaches. The guide offers insights into modern identity security, risk management, scalable best practices, and strategies to combat AI and quantum threats. Authored by experts, it aims to redefine identity security approaches and prepare leaders for future challenges.
CyberArk (CYBR) Advances While Market Declines: Some Information for Investors
CyberArks stock has shown a positive trend, outperforming major indices like the S&P 500 and Nasdaq. The company is expected to release its earnings on February 13, 2025, with an anticipated EPS of $0.71, marking a decline from the previous year. However, revenue is projected to increase by 34.94% compared to the prior-year quarter. Analysts have revised their estimates positively, indicating optimism about CyberArks business prospects. The company holds a Zacks Rank of #3 (Hold), with a Forward P/E ratio of 103.57, which is higher than the industry average. The Computers - IT Services industry, to which CyberArk belongs, ranks in the top 20% of all industries, suggesting a favorable outlook.
Cyberark Software Ltd. (CYBR) Gets Price Target Hike from Rosenblatt on Strong Industry Leadership and Growth Outlook
CyberArk Software Ltd. is leveraging AI technology to enhance its cybersecurity offerings, specifically in identity security. The company provides AI-powered solutions for privileged access management, endpoint protection, and multi-factor authentication. These solutions are designed to operate in dynamic environments, offering real-time threat response and actionable insights through the CORA AI platform. The integration of AI is seen as a positive growth factor, as it helps reduce operational costs and improve business productivity. The article highlights the broader trend of AI integration in various sectors, emphasizing the importance of considering both the benefits and unintended consequences of new technologies.
Here is What to Know Beyond Why CyberArk Software Ltd. (CYBR) is a Trending Stock
CyberArk, a company specializing in software that detects attacks on privileged accounts, has seen a 10.6% increase in its stock price over the past month, outperforming the Zacks S&P 500 composite and the Zacks Computers - IT Services industry. The companys earnings estimates have been revised, with expectations of $0.71 per share for the current quarter, a year-over-year change of -12.4%. However, the consensus earnings estimate for the current fiscal year shows a significant increase of +163.4% from the prior year. The Zacks Rank for CyberArk is #3 (Hold), indicating a stable near-term price performance based on earnings estimate revisions.
US Exchange: Open Lending And 2 Other Stocks That May Be Trading Below Estimated Value
The article discusses the current U.S. stock market environment, highlighting the importance of identifying undervalued stocks amidst volatility and stable interest rates. Open Lending Corporation is spotlighted as a potentially undervalued stock, trading at a significant discount to its estimated fair value. Despite recent revenue and net income declines, the company is forecasted to grow its earnings by 67.5% annually. Strategic partnerships with automotive finance companies are expected to enhance future revenue streams by expanding access to near- and non-prime consumers. The article suggests that Open Lendings future prospects are positive, supported by strong fundamentals and resilience in financial performance.
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CyberArk Helps Modernize Identity and Access Management for Linux Machines With New Identity Bridge Capability
CyberArk, a leader in identity security, has announced the release of Identity Bridge, a new endpoint identity security capability designed to enhance identity and privilege management on Linux systems. This tool aims to modernize Identity and Access Management (IAM) by enabling centralized authentication, reducing reliance on outdated methods, and improving security against cyber threats. Identity Bridge integrates seamlessly with CyberArk Secure Infrastructure Access, offering a streamlined and efficient approach to managing user access and authentication. The solution supports modern cloud-based directories and authentication methods, addressing gaps in traditional tools and enhancing business resilience against cyber threats.
How to Find Strong Computer and Technology Stocks Slated for Positive Earnings Surprises
The article discusses the importance of quarterly financial reports and earnings surprises on Wall Street, highlighting CyberArk (CYBR) and Qualcomm (QCOM) as companies with positive Earnings ESP metrics. CyberArk is expected to report its next quarterly earnings on February 13, 2025, with an Earnings ESP of 2.71%, suggesting a potential positive earnings surprise. Qualcomm, with a Zacks Rank #2, is also anticipated to have a positive earnings surprise with an Earnings ESP of 3.34%. The article emphasizes the significance of earnings surprises in influencing stock prices and suggests using the Zacks Earnings ESP Filter to identify stocks with high probabilities of earnings surprises.
CyberArk Software Ltd. (CYBR): Enhancing Cybersecurity with AI-Driven Identity Security
CyberArk Software Ltd. is highlighted as a top AI stock monitored by Wall Street, emphasizing its role in enhancing cybersecurity through AI-driven identity security solutions. The company utilizes AI to improve privileged access management, endpoint protection, and multi-factor authentication. Its recent acquisition of Venafi has bolstered its capabilities in developing comprehensive identity security products. The article discusses the competitive landscape in AI, with Chinese companies like Alibaba introducing advanced AI models, prompting US firms to innovate. CyberArks focus on AI technology positions it well amidst these developments, contributing to its growth-positive outlook.
Acquisition
JMP Securities Raises CyberArk Software Ltd. (CYBR) Price Target to $390 on Strong Identity Security Outlook
The article discusses the evolving landscape of AI technology, highlighting CyberArk Software Ltd. among other AI stocks. It emphasizes the rapid advancements in AI, with smaller and more cost-effective models challenging the traditional notion that cutting-edge AI requires massive resources. The article mentions DeepSeeks R1 reasoning AI model and Hugging Faces efforts to open-source it, promoting transparency and collaboration. Zack Kass, an AI futurist, discusses the implications of a Chinese firm developing a GPT-4 equivalent model efficiently, reflecting a shift towards innovation driven by necessity. The article also touches on the role of national security in AI and the potential for more accessible AI research leading to global discoveries.
These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
The article discusses the importance of quarterly financial reports and how they influence investor expectations on Wall Street. It highlights the Zacks Earnings ESP (Expected Surprise Prediction) as a tool for identifying potential earnings surprises by comparing the Most Accurate Estimate to the Zacks Consensus Estimate. Lyft (LYFT) is mentioned as a company with a positive Earnings ESP of 5.66%, indicating a potential earnings beat in its upcoming report on February 11, 2025. CyberArk (CYBR) is also noted for having a positive Earnings ESP. The article suggests using the Zacks Earnings ESP Filter to find stocks likely to surprise positively or negatively, aiding profitable trading during earnings season.
Wall Street Analysts Think CyberArk (CYBR) Is a Good Investment: Is It?
The article discusses the impact of Wall Street analysts recommendations on CyberArks stock, which currently has an average brokerage recommendation (ABR) of 1.13, indicating a strong buy. Despite the positive rating, the article cautions against relying solely on these recommendations due to potential biases from brokerage firms. It suggests using the ABR in conjunction with other tools like the Zacks Rank, which categorizes stocks based on earnings estimate revisions, to make more informed investment decisions. The article highlights the importance of validating brokerage recommendations with independent research for better investment outcomes.
CyberArk (CYBR) Stock Moves -0.07%: What You Should Know
CyberArks stock has shown a positive trend, climbing by 12.13% in the past month, outperforming both the Computer and Technology sector and the S&P 500. The company is expected to release its earnings report on February 13, 2025, with predictions of a 34.94% revenue growth compared to the same quarter last year, despite a forecasted 12.35% decline in EPS. Analyst optimism is reflected in recent positive revisions to earnings estimates, contributing to a Zacks Rank of #2 (Buy) for CyberArk. The companys valuation metrics, including a Forward P/E ratio of 100.82 and a PEG ratio of 5.04, indicate a premium compared to industry averages. The Computers - IT Services industry, part of the Computer and Technology sector, ranks in the top 19% of all industries.
CyberArk Software Ltd. (CYBR): Wells Fargo Ups Target to $425, Touts Venafi Acquisition and AI-Driven Growth Ahead of Analyst Day
The article discusses the position of CyberArk Software Ltd. among the top AI stocks, particularly in light of recent market events. On January 27th, a significant sell-off in US and European tech stocks occurred, influenced by Chinas new DeepSeek AI model. This model, developed at a fraction of the cost of its competitors, has quickly gained popularity, raising questions about Americas AI dominance. The global AI market is projected to grow significantly, contributing to net-zero emissions goals. The article also highlights the importance of academia in AI development and the influence of hedge funds on stock performance. CyberArk Software Ltd. is presented as a high-growth international stock, benefiting from these trends.
If You Invested $1000 in CyberArk 10 Years Ago, This Is How Much You'd Have Now
CyberArk Software Ltd., headquartered in Petah Tikva, Israel, is a leading provider of information technology security solutions, specializing in protecting organizational privileged accounts from cyber-attacks. The company serves over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. CyberArks product offerings include the CyberArk Shared Technology Platform, Privileged Account Security Solution, and Sensitive Information Management Solution. In 2023, the company reported that 63% of its revenue came from subscription services, with significant contributions from the U.S. and EMEA regions. CyberArk faces competition from major players like IBM, Microsoft, and Oracle in the access and identity management market. The companys growth is driven by its strategic partnerships and a diverse customer base across various industries.
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Is CyberArk Software (CYBR) the High Growth International Stock to Invest in Now?
The article discusses the current market outlook and its impact on high-growth international stocks, including CyberArk Software Ltd. Jurrien Timmer from Fidelity Management & Research Company shares his perspective on the markets future, highlighting concerns about interest rates and their effect on stock valuations. Despite a strong job market report and rising long-term interest rates, Timmer remains optimistic about the markets bull phase, driven by rising earnings. However, he notes increased volatility and sensitivity due to high P/E ratios. The article also mentions a shift in market leadership from a narrow group of stocks to broader participation, although recent trends show narrowing market gains, raising concerns for investors seeking broad-based growth.
CyberArk Software Ltd. (CYBR) Price Target Raised to $400 as Identity Security Leader Expands AI-Driven Threat Response
The article discusses the positioning of CyberArk Software Ltd. among trending AI stocks, highlighting the significant investments in AI infrastructure and technology. The US presidents repeal of an executive order regulating AI risks has spurred a $500 billion private sector initiative, with the Stargate Project aiming to build AI infrastructure for OpenAI in the US. This initiative involves major players like OpenAI, Oracle, and SoftBank. The article notes the rising costs of AI model training and the potential for AI infrastructure costs to exceed $1 trillion by the 2030s. Despite cost concerns, investments in AI, particularly in robotics and autonomous devices, are expected to grow.
CyberArk (CYBR) Laps the Stock Market: Here's Why
CyberArks stock has shown a positive trend, outperforming the S&P 500 and other indices. The company is set to release its earnings report on February 13, 2025, with expectations of a 34.94% increase in revenue compared to the previous year, despite a predicted 12.35% decline in EPS. Analyst estimate revisions suggest optimism about CyberArks business outlook, reflected in its Zacks Rank of #3 (Hold). The companys valuation metrics, including a Forward P/E ratio of 98.54 and a PEG ratio of 4.93, indicate a premium relative to industry averages. The Computers - IT Services industry, part of the Computer and Technology sector, ranks in the top 23% of all industries.
Here's Why CyberArk (CYBR) is a Strong Momentum Stock
CyberArk Software Ltd., headquartered in Petah Tikva, Israel, is a prominent player in the information technology security sector. The company serves over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. The article highlights CyberArks strong performance in the stock market, with shares up 2.5% in the past week and 10.4% over the past four weeks. The company has also seen a 51.5% gain over the last year. With a Zacks Rank of #3 (Hold) and impressive Momentum and VGM Style Scores, CyberArk is recommended for investors seeking solid earnings metrics and growth potential.
Customers
CyberArk Integration with Microsoft Defender for Identity Speeds Identification and Containment of Cyber Threats
CyberArk announced a new integration between its Privileged Access Manager and Microsoft Defender for Identity, enhancing identity security for organizations. This integration provides a unified view of identity security, allowing for quicker threat response and containment. It leverages signals across hybrid environments to improve threat detection and investigation. The collaboration is part of CyberArks C³ Alliance, aiming to provide robust protection against identity-centric attacks. This integration is expected to enhance privileged access control and monitoring, benefiting Security Operations and Identity teams with improved investigative capabilities and cyber resilience.
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CyberArk (CYBR) Increases Yet Falls Behind Market: What Investors Need to Know
CyberArks stock has shown a positive movement, closing at $347.38 with a 1.72% increase. Over the past month, the stock has risen by 7.45%, outperforming the Computer and Technology sectors loss of 3.84% and the S&P 500s loss of 3.31%. The company is set to release its earnings on February 13, 2025, with projected earnings per share (EPS) of $0.71, a 12.35% decrease from the previous year, but quarterly revenue is expected to rise by 34.94% to $301.05 million. Analyst optimism is reflected in positive estimate revisions, and CyberArk currently holds a Zacks Rank of #3 (Hold). The companys Forward P/E ratio is 95.55, indicating a premium compared to the industry average.
Want Better Returns? Don't Ignore These 2 Computer and Technology Stocks Set to Beat Earnings
The article discusses the importance of earnings surprises in influencing stock prices, highlighting CyberArk (CYBR) and Adobe Systems (ADBE) as companies with positive Earnings ESP figures. CyberArks Most Accurate Estimate is $0.72 per share, slightly above the Zacks Consensus Estimate of $0.71, resulting in an Earnings ESP of 0.6%. Adobe Systems also shows a positive Earnings ESP of 0.17% with its Most Accurate Estimate at $4.98 per share. Both companies are expected to potentially post earnings beats in their upcoming reports. The article emphasizes the utility of the Zacks Earnings ESP Filter for identifying stocks with high probabilities of earnings surprises.
Why CyberArk (CYBR) is Poised to Beat Earnings Estimates Again
CyberArk, a company in the Zacks Computers - IT Services industry, has been consistently surpassing earnings estimates, making it a strong candidate for continued success in future reports. In the last two quarters, CyberArk exceeded earnings expectations by an average of 70.30%. In the most recent quarter, it reported earnings of $0.94 per share, significantly higher than the expected $0.45, marking a surprise of 108.89%. The previous quarter also saw a positive surprise of 31.71%. This consistent performance has led to favorable changes in earnings estimates, with a positive Earnings ESP of +0.60%. The companys next earnings report is expected on February 13, 2025.
Here’s Why Analysts Just Upgraded CyberArk Software (CYBR)
CyberArk Software (NASDAQ:CYBR) has been highlighted as Needhams top pick in the cybersecurity sector due to growth and synergies from its acquisition of Venafi. Analysts have upgraded the companys stock price target from $360 to $410, citing expected sustainable gains in 2025. Despite a challenging market environment, CyberArks annual recurring revenue guidance is projected to rise to $1.39 billion. The company has a history of conservative guidance, often exceeding expectations. Wells Fargo also upgraded its price target for CyberArk to $410, adding it to its Tactical Idea list. While CyberArk shows promise, some analysts believe other AI stocks may offer higher returns in a shorter timeframe.
Acquisition
CyberArk Stock Surges 57% in a Year: Is There Still Room to Run?
CyberArk Software Ltd. has shown impressive growth in 2024, with its stock surging by 57.5%, outperforming major indices and sectors. The companys success is attributed to its strong identity security solutions, strategic initiatives, and transition to a subscription-based model. A significant development is CyberArks $1.54 billion acquisition of Venafi, enhancing its machine identity management capabilities. This acquisition is expected to expand CyberArks market reach and boost annual recurring revenue growth. CyberArks partnerships with tech giants like Microsoft, Amazon AWS, and Google Cloud have strengthened its position in securing cloud environments, making it a key player in the cybersecurity landscape. The company serves over 5,400 global businesses, including a significant portion of Fortune 500 and Global 2000 companies.
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CyberArk (CYBR) Beats Stock Market Upswing: What Investors Need to Know
CyberArk, a company specializing in software that detects attacks on privileged accounts, closed at $344.55 in the latest trading session, marking a slight increase. The companys stock has outperformed the broader market over the past month. CyberArk is expected to release its earnings report on February 13, 2025, with anticipated revenue growth despite a projected decline in EPS compared to the previous year. The companys stock is currently rated as a Zacks Rank #3 (Hold), and it trades at a premium compared to its industry peers. The upcoming earnings release and any changes in analyst estimates are key points of interest for investors.
If You Invested $1000 in CyberArk a Decade Ago, This is How Much It'd Be Worth Now
CyberArk Software Ltd., headquartered in Petah Tikva, Israel, is a leading provider of IT security solutions, specializing in protecting organizational privileged accounts from cyber-attacks. Founded in 1999, the company serves over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. CyberArks offerings include the CyberArk Shared Technology Platform, Privileged Account Security Solution, and Sensitive Information Management Solution. The company operates under three revenue categories: Subscription, Perpetual License, and Maintenance and Professional Services, with Subscription revenues accounting for 63% of total revenue in 2023. CyberArks main competitors in the access and identity management market include CA, Dell, IBM, Microsoft, and Oracle. The company has a global presence with offices in multiple countries, generating 52% of its revenues from the United States.
Customers
DAIKYO Secures Privileged Access and Achieves Substantial Time Savings With CyberArk
CyberArk, a leader in identity security, has been chosen by DAIKYO INCORPORATED, a major Japanese real estate company, to implement its Identity Security Platform as part of DAIKYOs digital transformation strategy. This collaboration focuses on managing privileged access across DAIKYOs hybrid cloud and legacy environments, enhancing security and operational efficiency. By automating privileged access and streamlining compliance audits, CyberArks solution significantly reduces manual IT tasks, allowing DAIKYO to focus on business growth. The partnership aligns with DAIKYOs cloud-first strategy and emphasizes a holistic security approach centered on identity security and Zero Trust.
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Exploring Three High Growth Tech Stocks In The United States
CyberArk Software Ltd., a leader in identity security solutions, has demonstrated significant financial and strategic growth. The company recently launched FuzzyAI, an open-source framework aimed at enhancing AI model security, which was well-received at Black Hat Europe 2024. This aligns with CyberArks commitment to addressing emerging cyber threats in AI-driven environments. Financially, CyberArk reported a third-quarter revenue of $240.1 million, up from $191.24 million year-over-year, and a net income of $11.11 million. The strategic partnership with Wiz further enhances its cloud security offerings, positioning CyberArk strongly for sustained growth in the cybersecurity domain.
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CyberArk To Announce Fourth Quarter and Year End 2024 Financial Results on February 13
CyberArk, a leader in identity security, announced it will report its fourth quarter and year-end 2024 financial results on February 13, 2025. The company will host a conference call to discuss these results and its business outlook. The call will be accessible via phone and webcast, with a replay available for one week. CyberArk is known for its comprehensive security offerings that protect both human and machine identities across various environments. This announcement is likely to have a growth-positive impact as it reflects transparency and engagement with investors.
CyberArk price target raised to $385 from $358 at RBC Capital
CyberArks stock has received a positive outlook from RBC Capital, which raised its price target to $385 from $358, maintaining an Outperform rating. The software sector is expected to benefit from multiple catalysts in 2025, including stabilized spending trends and innovations driven by generative AI. CyberArk is highlighted as a potential beneficiary of a recent breach at the Treasury Department, with other firms like Wells Fargo and Stifel also raising their price targets for the company. The article emphasizes the positive market sentiment towards CyberArk and the broader software sector, suggesting a favorable growth trajectory.
Why CyberArk Software Ltd. (CYBR) Is Among the Best Middle East and Africa Stocks to Buy Right Now?
The article discusses the growing interest of global financial giants in the Middle East and Africa, highlighting CyberArk Software Ltd. as a notable stock in the region. The Middle East, particularly cities like Dubai, Abu Dhabi, and Riyadh, is attracting investment banks, hedge funds, and asset managers due to favorable tax policies and robust regulatory frameworks. Major firms like JPMorgan, Goldman Sachs, and Morgan Stanley have expanded their presence in the UAE and Saudi Arabia. The Africa Investment Forum 2024 in Rabat, Morocco, secured $29.2 billion in new investor commitments, showcasing the regions investment potential. The UAE is projected to remain a top destination for wealthy individuals, with a significant net inflow of millionaires expected by 2024.
CyberArk (CYBR) Rises But Trails Market: What Investors Should Know
CyberArks stock ended at $339.47, marking a 1.14% increase, although it lagged behind the S&P 500s gain. Over the past month, CyberArks stock has risen by 2.47%, outperforming the Computer and Technology sector and the S&P 500. The company is expected to report a 12.35% decrease in EPS but a 34.94% increase in revenue compared to the previous year. Analyst estimate revisions, which are linked to share price momentum, have been slightly negative, with a 0.24% decrease in the Zacks Consensus EPS estimate. CyberArk holds a Zacks Rank of #3 (Hold) and trades at a Forward P/E ratio of 94.61, higher than the industry average. The Computers - IT Services industry, part of the Computer and Technology sector, ranks in the top 35% of all industries.
CyberArk (CYBR) Increases Despite Market Slip: Here's What You Need to Know
CyberArks stock closed at $335.66, reflecting a 0.75% increase from the previous session, outperforming the S&P 500s loss. However, over the past month, its stock has underperformed the Computer and Technology sector. The company is expected to report a 12.35% decline in EPS for the upcoming earnings release, despite a projected 34.94% increase in revenue. Analyst estimates for CyberArk have recently been revised downward, indicating potential concerns about short-term business trends. The company holds a Zacks Rank of #3 (Hold), with its Forward P/E ratio significantly higher than the industry average, suggesting it is trading at a premium. The Computers - IT Services industry, to which CyberArk belongs, ranks in the bottom 46% of over 250 industries.
Cybersecurity Firms Cloudflare, CyberArk Advance Amid Chinese Hacks
Cloudflares stock experienced a significant increase following an upgrade by Goldman Sachs, which changed its rating from sell to buy. This positive development for Cloudflare comes amid broader cybersecurity concerns, particularly related to Chinese hacking activities. In parallel, CyberArks stock also saw a rise, attributed to a favorable report from Morgan Stanley. These developments highlight the growing importance and investor confidence in cybersecurity firms as they navigate the challenges posed by global cyber threats.
CyberArk Positioned for a Major Breakout as Cybersecurity Demand Soars
CyberArk Software is gaining significant attention on Wall Street, with analysts issuing bullish ratings and Wells Fargo raising its price target to $410. The company is benefiting from increased focus on cybersecurity following a Treasury Department breach linked to Chinese hackers. CyberArks quarterly revenue has surged by 25.6% year-over-year, and its identity security solutions are gaining traction. Institutional investors, including TD Asset Management and Kornitzer Capital Management, are increasing their stakes, reflecting strong confidence in the companys growth prospects. With nearly 92% institutional ownership and a recent 12-month high in stock price, CyberArk is positioned as a leader in privileged access management. The company is expected to capitalize on rising cybersecurity spending across federal and private sectors.
Investment
CyberArk Stock Rises After Treasury Department Hack Hits Rival
CyberArk Software is expected to benefit from a recent hack of its competitor BeyondTrust, which targeted the U.S. Treasury Department. Analysts from Morgan Stanley suggest that this incident could lead to a shift in customers towards CyberArk, enhancing its market share in the privileged access management (PAM) sector. CyberArk currently holds a 38% share of the PAM market, compared to BeyondTrusts 17%. Despite this potential growth, Morgan Stanley maintains an equal-weight rating for CyberArk, with a price target of $316. The companys shares rose following the news, reflecting positive market sentiment. The hack positions CyberArk as a preferred provider for the U.S. government, potentially solidifying its dominance in the sector over the coming years.
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3 Undervalued US Stocks Estimated To Be Up To 30.8% Below Intrinsic Value
The article discusses the performance of the U.S. stock market, highlighting the importance of identifying undervalued stocks amidst fluctuating indices. CyberArk Software Ltd. is identified as an undervalued stock, trading significantly below its estimated fair value. The company, with a market cap of approximately $13.93 billion, is projected to grow faster than the U.S. market, with earnings expected to increase by 32.3% annually. Recent product innovations and strategic partnerships are enhancing its growth potential, despite a recent follow-on equity offering that could dilute shares. The article also mentions iRhythm Technologies, Inc., a digital healthcare company with a market cap of $2.72 billion, focusing on ambulatory cardiac monitoring services.
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CyberArk Soars Over 52% YTD: Is the Cybersecurity Leader Poised for More Gains?
CyberArk Software has experienced significant growth, with its stock price soaring over 52% year-to-date. The company reported a record $240.1 million in Q3 revenue and a 31.3% increase in Annual Recurring Revenue (ARR). Analysts are optimistic, with price targets reaching up to $400. A recent cybersecurity breach in a competitors product has positioned CyberArk as a preferred choice for government contracts, potentially adding $40-$50 million annually in net new ARR. The company projects Q4 revenue of $297-$303 million, exceeding consensus estimates. CyberArks acquisition of Venafi enhances its machine identity security capabilities, further boosting ARR growth. The company is well-positioned in the cybersecurity market, with analysts setting high price targets.
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CyberArk (CYBR) Stock Moves -0.51%: What You Should Know
In the latest trading session, CyberArks stock closed at $320.82, marking a slight decline of 0.51% from the previous day, yet outperforming the broader market indices. Over the past month, CyberArks shares gained 1.15%, trailing the Computer and Technology sector but outperforming the S&P 500. The company is expected to report earnings of $0.71 per share, a 12.35% year-over-year decline, with projected revenue of $301.05 million, up 34.94% from the prior-year quarter. For the fiscal year, estimates suggest earnings of $2.94 per share and revenue of $987.47 million, indicating significant growth. Analysts revisions in estimates are crucial as they reflect short-term business trends. CyberArk currently holds a Zacks Rank of #3 (Hold) and trades at a premium with a Forward P/E ratio of 109.6, compared to the industry average of 28.61.
Nutanix (NTNX) Down 3.4% Since Last Earnings Report: Can It Rebound?
Nutanix reported a strong first-quarter fiscal 2025 performance, with non-GAAP earnings of 42 cents per share, surpassing estimates by 35.48% and increasing 44.8% year over year. Revenues rose 16% to $591 million, driven by expanding partnerships and clientele, as well as the adoption of new capabilities. The company added 630 new customers, bringing the total to 27,160, and expanded its strategic partnership with AWS. Nutanix was recognized as a leader in the 2024 Gartner Magic Quadrant for Distributed Hybrid Infrastructure and advanced its AI platform to the public cloud. The non-GAAP gross margin expanded to 87.5%, and operating income increased significantly. Despite a 3.4% decline in share price since the last earnings report, the companys performance indicates a positive growth trajectory.
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Why CyberArk (CYBR) is a Top Momentum Stock for the Long-Term
CyberArk Software Ltd., a company providing IT security solutions, is highlighted for its strong performance in the stock market. With a Zacks Rank of #3 (Hold) and a Momentum Style Score of A, the company has seen a 5.1% increase in share price over the past week and a 45.5% gain over the last year. The company is a security partner to over 5,400 global businesses, including more than half of the Fortune 500. Analysts have revised earnings estimates upwards, with the Zacks Consensus Estimate increasing to $2.94 per share for 2024. The article suggests that CyberArks solid earnings metrics and style scores make it a strong consideration for investors.
Is CyberArk Software (CYBR) Set to Lead in Securing AI for Businesses in 2025?
The article discusses the competitive landscape of AI models, highlighting the rise of Chinese open-source AI models and their impact on the global AI sector. These models are challenging traditional proprietary systems, such as those from OpenAI, by offering accessible and competitive capabilities. The article also mentions OpenAIs recent advancements, including the unveiling of the o3 reasoning model, which achieved a high score on the ARC-AGI benchmark. This suggests progress toward more general intelligence capabilities. The article does not directly impact CyberArk Software Ltd., but it provides context on the broader AI industry trends. OpenAIs focus on safety testing and future enhancements positions it as a significant player in U.S.-based AI development.
CyberArk (CYBR) Rises As Market Takes a Dip: Key Facts
CyberArks stock closed at $322.46, marking a slight increase of 0.58% from the previous day, outperforming the S&P 500s minor loss. Despite a modest monthly gain of 0.57%, CyberArks performance lagged behind the broader Computer and Technology sector. The company is expected to report a 12.35% decrease in EPS to $0.71, but a significant 34.94% increase in revenue to $301.05 million for the upcoming quarter. Annually, earnings are projected to rise by 162.5% to $2.94 per share, with revenue increasing by 31.33% to $987.47 million. The Zacks Rank system, which evaluates estimate revisions, currently rates CyberArk as a #3 (Hold). The companys valuation metrics, including a Forward P/E ratio of 108.97 and a PEG ratio of 5.45, indicate a premium compared to industry averages.
Google Leads Five Stocks Near Buy Points, Standing Tall In Tricky Market
The article discusses Alphabet, the parent company of Google, as one of the Magnificent Seven stocks that are near buy points amidst a volatile market following a postelection rally. Alphabet is highlighted as a leading stock in this context, suggesting a positive outlook for potential investors. The article implies that despite market volatility, Alphabet remains a strong contender for investment, indicating a growth-positive impact on the company.
CyberArk (CYBR) Exceeds Market Returns: Some Facts to Consider
CyberArks stock closed at $319.15, marking a 1.26% increase from the previous day, outperforming the S&P 500. Despite a recent monthly decline of 4.24%, the company is expected to report a 34.94% increase in revenue for the upcoming quarter, though EPS is anticipated to decrease by 12.35%. For the full year, earnings per share are projected to rise by 162.5%, with revenue increasing by 31.33%. Analysts have recently adjusted their estimates, indicating optimism about CyberArks future performance. The company holds a Zacks Rank of #3 (Hold), with a Forward P/E ratio of 107.09, suggesting a premium valuation compared to its industry. The article highlights the importance of analyst estimate revisions and their impact on stock performance.
Stifel Raises CyberArk Software Ltd. (CYBR) Price Target to $370, Citing AI Monetization and Strong Identity Security Demand
The article discusses the current landscape of the tech industry, focusing on AI competition and the strategic moves companies are making to stay ahead. CyberArk Software Ltd. is mentioned as part of a list of AI stocks, highlighting the increasing competition in AI and the evolving regulatory landscape. Jessica Lessin, CEO of The Information, shares insights on the challenges faced by tech companies, including regulatory changes and the need for strategic partnerships. The article also touches on the importance of AI as a growth area for major companies like Google, OpenAI, and Amazon, despite significant investments. The dynamic nature of the chip sector is also noted, with unexpected competition arising from companies like Apple using AWS chips.
CyberArk price target raised to $370 from $355 at Baird
Baird has raised its price target for CyberArk to $370, maintaining an Outperform rating. CyberArk is recognized for its strong identity security platform and exceptional execution. The company is expected to benefit from its recent acquisition of Venafi, regulatory catalysts, and momentum in the public sector. These factors position CyberArk to sustain its Rule-of-40 growth strategy. The article also notes that CyberArk plans to sell over 1.1 million shares in a secondary offering priced at $326.00.
Acquisition
Will CyberArk Stock Continue Its Uptrend After Rallying 45% YTD?
CyberArk Software Ltd. has experienced a significant growth in 2024, with a 45% year-to-date increase in its stock price, outperforming the broader technology sector and its peers. The companys success is attributed to its strong position in the identity security market, strategic initiatives, and a successful transition to a subscription-based model. A notable development is CyberArks $1.54 billion acquisition of Venafi, which enhances its capabilities in machine identity management and expands its market reach. Despite challenges in integration, this acquisition is seen as a long-term growth driver. CyberArks financial performance in the third quarter of 2024 was robust, with a 26% revenue increase and a 31% surge in annual recurring revenue, reflecting strong adoption of its solutions.
Acquisition
Why CyberArk Software (CYBR) Is Among the Best Cybersecurity Stocks to Buy According to Wall Street Analysts?
The article discusses the position of CyberArk Software Ltd. among the top cybersecurity stocks to buy, highlighting the increasing importance of cybersecurity due to the growth of internet usage and the sophistication of cyberattacks. Global spending on cybersecurity is projected to grow significantly, with the market expected to expand at an annual rate of 12.4% between 2024 and 2027. The rise of AI presents both opportunities and challenges for cybersecurity, with AI systems needing protection while also enhancing security capabilities. The article also touches on potential regulatory changes under President-elect Donald Trump, which may impact the cybersecurity landscape.
Security Leaders Say Machine Identities – Such as Access Tokens and Service Accounts – Are Next Big Target for Cyberattack
Venafi, a subsidiary of CyberArk, has released a report highlighting significant security challenges in cloud native environments. The report reveals that 86% of organizations experienced a cloud native-related security incident in the past year, leading to delays, outages, and data breaches. Key concerns include the exploitation of machine identities, particularly through service accounts, and the potential for AI-enhanced supply chain attacks. Despite these threats, many senior management teams have shifted focus away from supply chain security. The report underscores ongoing tensions between security and developer teams, with many security leaders feeling they are losing the battle to instill a security-first mindset among developers.
CyberArk price target raised to $365 from $345 at Mizuho
Mizuho has raised its price target for CyberArk to $365 from $345, maintaining an Outperform rating for the company. This adjustment is part of a broader 2025 outlook for the software sector, reflecting recent increases in company multiples. Mizuho highlights key trends such as digital transformation, generative AI, data analytics, cloud migrations, DevOps, and next-gen security as beneficial for software vendors. The firm views the industrys risk/reward as balanced but still attractive. Additionally, CyberArk has announced a secondary offering of 1.14 million shares priced at $326. This move is expected to enhance the companys financial health.
Why Is CyberArk (CYBR) Up 6.7% Since Last Earnings Report?
CyberArk reported better-than-expected third-quarter 2024 results, with non-GAAP earnings of 94 cents per share, surpassing the Zacks Consensus Estimate of 45 cents. The companys revenues increased by 26% year over year to $240.1 million, exceeding the consensus mark of $234 million. More than 92% of the revenues were recurring, with Annual Recurring Revenues (ARR) rising 31% to $926 million. The subscription portion of ARR grew 46% year over year to $735 million, driven by strong demand for software-as-a-service and on-premise subscription offerings. This positive performance was attributed to higher revenues, better cost management, and increased financial income.
CyberArk Software (CYBR) Unveils FuzzyAI: Revolutionizing AI Security with Cutting-Edge Framework
The article discusses the current state and future of artificial intelligence, focusing on OpenAIs recent developments. Sundar Pichai, speaking at the New York Times DealBook summit, highlighted the challenges and potential of AI advancements leading up to 2025. He noted that while incremental improvements in AI models like ChatGPT, Gemini, and Llama are expected, significant breakthroughs may take longer. OpenAI is celebrating the holiday season with 12 Days of OpenAI, launching new products and features, including the o1 reasoning model, which is touted as the smartest model in the world. Despite the advancements, concerns about AI risks persist, particularly regarding the models ability to prevent shutdowns. The article suggests a positive outlook for OpenAIs growth due to these developments.
CyberArk Software Third Quarter 2024 Earnings: Beats Expectations
CyberArk Software reported a significant improvement in its financial performance for the trailing 12-month period ending December 11, 2024. The company achieved a revenue of $240.1 million, marking a 26% increase from the third quarter of 2023. Net income turned positive at $11.1 million, a substantial improvement from a $14.6 million loss in the previous quarter. The profit margin reached 4.6%, and earnings per share (EPS) rose to $0.26, surpassing analyst estimates. Despite a recent 3.4% decline in share price, the companys revenue is expected to grow at an average rate of 20% annually over the next three years, outpacing the US software industrys forecasted growth of 13%.
CyberArk Unveils Breakthrough Open-Source Tool That Helps Organizations Safeguard Against AI Model Jailbreaks
CyberArk has launched FuzzyAI, an open-source framework designed to identify and address vulnerabilities in AI models. FuzzyAI is capable of jailbreaking major AI models and helps organizations mitigate cyber risks associated with AI usage. The tool offers comprehensive fuzzing capabilities, allowing organizations to test AI models against various adversarial inputs to uncover security weaknesses. FuzzyAI is available as open-source software and aims to foster a community-driven ecosystem for continuous advancements in adversarial techniques and defense mechanisms. The launch highlights CyberArks commitment to AI security and provides organizations with tools to fortify their AI systems against emerging threats. The framework was made available on December 11, 2024, and will be showcased at Black Hat Europe 2024.
New FIDO Alliance Certification Highlights CyberArk’s Commitment To Securing Customers’ Passwordless Journeys
CyberArk, a leader in identity security, has achieved FIDO2 certification for its Workforce Identity component, affirming its commitment to enhancing cyber resilience. The certification from the FIDO Alliance, an organization focused on reducing reliance on passwords, validates that CyberArks authentication services meet high security standards. This development aligns with the U.S. Federal Reserves support for stronger authentication technologies and the federal governments push for modern authentication and Zero Trust. The certification enhances security, ensures interoperability with other FIDO-certified solutions, and reinforces CyberArks position as a trusted provider of secure authentication solutions.
If You Invested $1000 in CyberArk a Decade Ago, This is How Much It'd Be Worth Now
CyberArk Software Ltd., a cybersecurity company headquartered in Petah Tikva, Israel, provides IT security solutions to over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. The company offers services to protect privileged accounts from cyber-attacks, with products like the CyberArk Shared Technology Platform and Privileged Account Security Solution. In 2023, CyberArks revenue was primarily driven by subscription services, which accounted for 63% of total revenue. The company operates in various industries, including energy, financial services, and healthcare, and has a significant presence in the U.S., EMEA, and other regions. CyberArk faces competition from companies like IBM, Microsoft, and Palo Alto Networks. The article highlights CyberArks growth and its role as a vital security partner.
CustomersPartners
Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
CyberArk Software Ltd., headquartered in Petah Tikva, Israel, is a prominent player in the information technology security sector. The company serves over 5,400 global businesses, including more than half of the Fortune 500 and over 35% of the Global 2000 companies. Recently, CyberArk has demonstrated strong stock performance, with a 60.8% gain over the past year and a 9.7% increase over the past four weeks. The company holds a Zacks Rank #3 (Hold) rating, with a Momentum Style Score of A and VGM Score of B. Analysts have revised their earnings estimates higher for fiscal 2024, contributing to a positive outlook. With a strong earnings growth and favorable stock ratings, CyberArk is considered a potential addition to investment portfolios.
Exploring High Growth Tech Stocks in the US December 2024
CyberArk Software Ltd., a leader in identity security solutions, is experiencing robust growth in the cybersecurity sector. With a market cap of approximately $14.37 billion, the company is projected to see a 20.2% annual revenue increase in 2024, significantly outpacing the US market average. This growth is driven by substantial R&D investments and strategic partnerships, including a recent acquisition of Venafi. CyberArks earnings are expected to rise by 36% annually, showcasing its strong operational execution and innovation. The companys focus on integrating advanced security technologies has fortified its market position and enhanced shareholder value.
PartnersAcquisition
CyberArk Announces Secondary Offering of Ordinary Shares
CyberArk, a leader in identity security, announced a secondary public offering of 1,142,538 ordinary shares held by Triton Seller, LP, an affiliate of Thoma Bravo. The offering is underwritten by BofA Securities and will be conducted on the Nasdaq and other markets. CyberArk will not receive any proceeds from this sale, as all proceeds will go to the selling shareholder. The offering is made under an effective shelf registration statement filed with the SEC. The last reported sale price of CyberArks shares was $327.57. This move is part of the companys strategic financial maneuvers following its acquisition of Venafi.
Public Trading
New Research from CyberArk Reveals Security Risks Introduced by Everyday Employee Behaviors
CyberArk, a leader in identity security, released a report highlighting significant security risks posed by employee behaviors in the modern workforce. The study, conducted across multiple countries, reveals that a large percentage of employees access sensitive workplace applications from personal devices lacking adequate security. Common risky behaviors include password reuse, sharing confidential information, and bypassing cybersecurity policies. Additionally, the adoption of AI tools in the workplace introduces new vulnerabilities, with many employees not adhering to guidelines for handling sensitive data. The findings emphasize the need for organizations to rethink identity security controls to mitigate these risks.
Privileged Access Management Solutions Market Skyrockets to $5.95 Billion by 2031 Dominated by Tech Giants - Broadcom Inc., CyberArk Software Ltd. and International Business Machines Corp | The Insight Partners
The global privileged access management (PAM) solutions market is projected to grow significantly, reaching $5.95 billion by 2031, driven by the increasing demand for protection against insider threats and intelligence-based solutions. The market, valued at $2.46 billion in 2023, is expected to grow at a CAGR of 11.7% from 2023 to 2031. This growth is attributed to the rise in cyberattacks and stringent government regulations, which have heightened the importance of cybersecurity. PAM solutions help organizations manage and secure privileged accounts, reducing the risk of unauthorized access and breaches. The report by The Insight Partners provides an in-depth analysis of market trends, key players, and future opportunities.
CyberArk Stock Soars 34% in Six Months: What Should Investors Do?
CyberArk Software Ltd. has demonstrated a strong performance with a 34.1% stock gain over the past six months, outperforming its peers and the broader market. This growth is attributed to its leadership in identity security, strategic initiatives, and successful transition to a subscription-based model. The companys recent $1.54 billion acquisition of Venafi, a leader in machine identity management, is expected to expand its market reach and boost ARR growth. Despite potential integration risks, the acquisition is seen as a promising catalyst for future growth. CyberArks financial results for Q3 2024, with revenues of $240.1 million and a 14.7% non-GAAP operating margin, highlight its operational strength and ability to balance growth with profitability.
Acquisition
Craigslist founder is giving away $200 million to prevent cybercrimes against the US
Craig Newmark, founder of Craigslist, is focusing on cybersecurity through his organization, Craig Newmark Philanthropies. He has pledged an additional $200 million to protect critical American infrastructure from cyberattacks, building on an initial $100 million commitment made in September. Newmark is urging other wealthy individuals to contribute to this cause, emphasizing the importance of proactive measures to safeguard infrastructure. The article highlights the growing significance of cybersecurity, citing recent incidents like a Microsoft Windows update defect and a cyberattack on American Water Works. The financial impact of cybercrimes is projected to rise significantly, underscoring the need for increased investment in cybersecurity measures.
Investment
Here's How Much a $1000 Investment in CyberArk Made 10 Years Ago Would Be Worth Today
The article discusses CyberArk Software Ltd., a company specializing in information technology security solutions, headquartered in Petah Tikva, Israel. Founded in 1999, CyberArk serves over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. The company offers products like the CyberArk Shared Technology Platform and Privileged Account Security Solution, catering to industries such as energy, financial services, and healthcare. In 2023, CyberArks revenue was primarily driven by subscription services, accounting for 63% of total revenue. The company operates globally, with significant revenue contributions from the U.S. and EMEA regions. CyberArk faces competition from major players like IBM, Microsoft, and Palo Alto Networks in the cybersecurity market.
Customers
CyberArk Achieves QC1 Certification From Italian National Cybersecurity Agency
CyberArk, a leader in identity security, has achieved QC1 certification from Italys Agenzia per la Cybersicurezza Nazionale (ACN) for two of its SaaS components: CyberArk Privilege Cloud and CyberArk Endpoint Privilege Manager. This certification allows CyberArks products to be available in the ACN marketplace, enabling Italian government organizations to deploy cloud-based services securely. The QC1 certification aligns with Italys National Cybersecurity Strategy, aiming to enhance the security and resilience of public administrative bodies, which are prime targets for cyberattacks. CyberArks certified services provide robust security measures, including privileged access management and endpoint protection, to safeguard sensitive data and comply with regulatory requirements. This achievement underscores CyberArks commitment to innovation in identity security and its strategic focus on the public sector.
Statutory Profit Doesn't Reflect How Good CyberArk Software's (NASDAQ:CYBR) Earnings Are
CyberArk Software Ltd. reported healthy earnings, with free cash flow significantly exceeding its statutory profit over the past year. The company recorded an accrual ratio of -0.57, indicating strong cash flow relative to profit. Despite this positive financial performance, the stock price remained stable, possibly due to the dilution of shares. Over the last twelve months, CyberArk increased its number of shares by 5.4%, which diluted earnings per share. Although the company was unprofitable three years ago, it has shown improvement, though profits could have been higher without the need for share dilution. The article suggests that investors might be overlooking the underlying positive factors for the companys future.
CyberArk (CYBR) Is Considered a Good Investment by Brokers: Is That True?
The article discusses the analyst recommendations for CyberArk, which currently holds an average brokerage recommendation (ABR) of 1.10, indicating a strong buy. Out of 29 brokerage firms, 27 have rated it as a strong buy, and one as a buy. Despite the positive ratings, the article cautions against relying solely on these recommendations due to potential biases from brokerage firms. It suggests using the Zacks Rank, a proprietary stock rating tool, to validate these recommendations for better investment decisions. The Zacks Rank is based on earnings estimate revisions and is considered a reliable indicator of a stocks near-term price performance.
Konoike Transport Realizes Significant Security Improvements With CyberArk As It Embarks On Cloud-First Digital Transformation
CyberArk, a leader in identity security, announced that Konoike Transport has implemented its Privileged Access Manager as part of a strategy to enhance operational efficiency and cybersecurity resilience. Konoike Transport, a major logistics company in Japan, faced challenges with managing privileged access across its systems, which impacted incident response times and exposed the company to security risks. By adopting CyberArks solution, Konoike Transport can now manage all identities on a single platform, improving incident response, audit capabilities, and compliance with regulations like the Sarbanes-Oxley Act. This implementation aligns with Konoikes cloud-first strategy and enhances its security posture. CyberArks solution provides a unified view of privileged accounts, reducing the attack surface and supporting Konoikes digital transformation.
Customers
3 US Stocks Estimated To Be Up To 36.6% Below Intrinsic Value
The article discusses the current downturn in the U.S. stock market and highlights opportunities for investors to buy stocks trading below their intrinsic value. CyberArk Software Ltd. is identified as a potentially undervalued stock, trading at a significant discount to its estimated fair value. The company has recently become profitable and is expected to see strong revenue growth exceeding 20% annually. CyberArks growth prospects are further bolstered by strategic partnerships and acquisitions, including the acquisition of Venafi, which has led to raised earnings guidance for 2024. The article suggests that CyberArk Software may be poised for an improving outlook.
AcquisitionPartners
Why CyberArk (CYBR) Stock is a Standout After Q3 Earnings This Week
CyberArk Software has reported strong third-quarter results, exceeding expectations and achieving record revenue and profitability. The companys stock has surged nearly 40% year-to-date, reaching all-time highs. CyberArks Q3 revenue was $240.1 million, surpassing estimates and marking a 25% increase from the previous year. The companys annual recurring revenue grew by 31% to $926 million. CyberArk also posted a record quarterly adjusted EPS of $0.94, significantly beating the consensus estimate. Free cash flow increased to $51.56 million, and the companys cash reserves have grown to $1.23 billion. CyberArk expects continued revenue growth in Q4 and FY24, with EPS projected to rise significantly. The companys strong financial performance has led to a Strong Buy rating.
CyberArk price target raised to $345 from $300 at Piper Sandler
Piper Sandler has raised its price target for CyberArk to $345 from $300, maintaining an Overweight rating. The firm highlights strong execution in Q3, with results surpassing guidance, driven by robust performance in core PAM and scaling adjacent platform capabilities. Encouraging early signs for Venafi and confidence in its reacceleration path are noted, alongside accretive margins. Despite a CFO transition, minimal disruption to momentum is expected. CyberArk is seen as well-positioned to consolidate spend in Identity by 2025, remaining a top idea in Pipers coverage. Other firms like Susquehanna, JMP Securities, KeyBanc, Wells Fargo, and Barclays have also raised their price targets for CyberArk.
CyberArk Software Ltd (CYBR) Q3 2024 Earnings Call Highlights: Record Revenue and Strong ...
CyberArk Software Ltd reported robust financial results for the third quarter, with a significant increase in Subscription Annual Recurring Revenue (ARR) by 46% year-over-year, reaching $735 million. The company also achieved a record total revenue of $240.1 million, marking a 26% increase from the previous year. CyberArk signed nearly 230 new logos, indicating strong demand for its subscription-based services. The acquisition of Venafi is expected to enhance CyberArks machine identity security offerings, although the integration may present challenges. Despite operating in a challenging macroeconomic environment, CyberArks platform selling approach is gaining traction. The company is transitioning to a subscription model, impacting maintenance revenue. The report highlights CyberArks strategic focus on consolidating identity solutions for customers, driven by security needs.
CustomersAcquisition
CyberArk Q3 Earnings Beat: Will Strong Guidance Lift the Stock?
CyberArk Software reported impressive third-quarter 2024 results, with non-GAAP earnings of 94 cents per share, surpassing the Zacks Consensus Estimate of 45 cents. This marks a significant year-over-year improvement of 123.8%. The companys revenues for the quarter were $240.1 million, exceeding expectations by 2.7% and representing a 26% increase from the previous year. The strong performance was driven by CyberArks dominance in identity security and its integrated platform solutions. Subscription revenues, which accounted for 73.1% of total revenues, saw a 42.9% increase. CyberArks non-GAAP gross profit rose by 26.7% to $200.3 million, with an expanded gross margin of 83.4%. The company raised its guidance for 2024, contributing to a 33.1% year-to-date increase in its share price.
Jim Cramer on CyberArk Software Ltd. (CYBR): ‘How Terrific Is This Sector For Stock Performance?’
The article discusses Jim Cramers positive outlook on the stock market following the election of a pro-growth president, Donald Trump. Cramer highlights the strong performance of major indices, including the S&P 500, Dow, and Nasdaq, which have reached record highs. He attributes these gains to money managers fear of missing out and predicts a surge in mergers and acquisitions due to anticipated changes in antitrust regulations. Cramer emphasizes the importance of analyzing the market by sector, noting that tech, oil, pharmaceuticals, consumer goods, and financials are performing well. He suggests that the current administration will be more supportive of the stock market compared to the previous one.
CyberArk (CYBR) Beats Q3 Earnings and Revenue Estimates
CyberArk reported quarterly earnings of $0.94 per share, significantly surpassing the Zacks Consensus Estimate of $0.45 per share, marking an earnings surprise of 108.89%. The company, which specializes in software for detecting attacks on privileged accounts, also exceeded revenue expectations with $240.1 million for the quarter, compared to the consensus estimate. This performance continues a trend of surpassing earnings and revenue estimates over the past four quarters. CyberArks stock has risen by 37.3% since the start of the year, outperforming the S&P 500s 25.5% gain. The companys favorable earnings outlook and Zacks Rank #1 (Strong Buy) suggest continued strong performance. The future stock movement will depend on managements commentary and earnings expectations.
CyberArk (CYBR) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
CyberArk reported a strong financial performance for the quarter ended September 2024, with revenue reaching $240.1 million, a 25.6% increase year-over-year, and an EPS of $0.94, significantly surpassing the previous years $0.42. The revenue exceeded the Zacks Consensus Estimate of $233.9 million, marking a 2.65% surprise, while the EPS surprise was a remarkable 108.89% above the consensus estimate of $0.45. Key metrics such as Total Annual Recurring Revenue (ARR) were slightly above analyst estimates, with $926 million reported. Despite some declines in specific revenue streams, the overall performance was robust, leading to a Zacks Rank #1 (Strong Buy) for CyberArk, suggesting potential outperformance in the market.
CyberArk Announces Strong Third Quarter 2024 Results
CyberArk, a leader in identity security, reported strong financial results for Q3 2024, with significant growth across all metrics. The company saw a 46% year-over-year increase in subscription ARR, reaching $735 million, and a 31% increase in total ARR, totaling $926 million. Total revenue grew by 26% to $240.1 million. CyberArk also raised its full-year guidance, reflecting confidence in its market position and demand for its solutions. The company completed the acquisition of Venafi on October 1, 2024, enhancing its platform for machine identity security. This acquisition is expected to strengthen CyberArks leadership in the identity security market.
Acquisition
CyberArk Announces Chief Financial Officer Transition
CyberArk announced that CFO Josh Siegel will step down on January 1, 2025, transitioning to an advisory role, with Erica Smith, the current Deputy CFO, stepping up as the new CFO. Smith has been with CyberArk since 2015 and has played a significant role in the companys financial strategies, including the $1.6 billion acquisition of Venafi. This leadership change is part of a planned succession aimed at supporting CyberArks continued growth and innovation in the identity security sector. Siegels tenure saw CyberArk grow from $40 million in revenue to nearly $1 billion in ARR. His continued advisory role is expected to ensure a smooth transition and ongoing strategic initiatives.
Management ChangesAcquisition
CyberArk: Q3 Earnings Snapshot
CyberArk Software Ltd., based in Petach-Tikva, Israel, reported a third-quarter profit of $11.1 million, translating to 24 cents per share. Adjusted earnings were 94 cents per share, surpassing Wall Street expectations of 45 cents per share. The companys revenue for the quarter was $240.1 million, exceeding the forecasted $233.9 million. For the upcoming quarter, CyberArk anticipates earnings per share between 65 and 75 cents and revenue between $297 million and $303 million. The full-year earnings are expected to be between $2.85 and $2.96 per share, with revenue ranging from $983 million to $989 million. These results indicate a positive growth trajectory for the company.
CyberArk Software Lifts Full-Year Outlook as Third-Quarter Results Top Views
CyberArk Software has raised its full-year outlook following strong third-quarter results that exceeded expectations. This positive financial performance is likely to have a growth-positive impact on the company. The article also mentions inflation pressures holding steady in October, which keeps the Federal Reserves rate cut on track. This macroeconomic context may indirectly influence CyberArks market environment. The article is part of a premium news service, requiring a subscription for full access.
CyberArk and Wiz Team Up To Provide Complete Visibility and Control for Cloud-Created Identities
CyberArk, a leader in identity security, has announced a significant partnership with Wiz, a cloud security provider. This collaboration aims to enhance multi-cloud security by integrating the CyberArk Identity Security Platform with the Wiz Cloud Security Platform. The integration provides customers with improved visibility and control over privileged access, addressing challenges faced by cloud-native organizations with extensive multi-cloud environments. The partnership is expected to mitigate cloud access risks and improve security resilience, benefiting enterprise customers like Encova Insurance and Computacenter. The announcement highlights the growing need for robust identity management and security solutions in rapidly evolving cloud environments.
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CyberArk Software jumps on strong earnings beat, above-consensus guidance
CyberArk Software reported significantly better-than-expected earnings for fiscal Q3, with an EPS of $0.94, surpassing analyst expectations of $0.46. The company also reported revenue of $240.1 million, exceeding the forecasted $234.1 million. CyberArks strong performance is attributed to its leadership in identity security and high demand for its solutions. The company provided an upbeat guidance for Q4 2024, projecting EPS between $0.65 and $0.75 and revenue between $297 million and $303 million. For the full year, CyberArk expects revenue growth of 31% to 32% over 2023. Additionally, CFO Josh Siegel will step down on January 1, 2025, with Erica Smith set to take over the role. The companys shares rose 8% in premarket trading following the announcement.
Management Changes
Is CyberArk Software Ltd. (CYBR) Best Performing Cybersecurity Stock in 2024?
The article discusses the performance of CyberArk Software Ltd. among the best-performing cybersecurity stocks in 2024. The rapid expansion of the technology sector has increased the importance of cybersecurity due to the rise in sensitive data stored online. The article highlights the growing threat of cyberattacks, with data breaches affecting millions and potential damages reaching trillions by 2025. AI is transforming the cybersecurity landscape, offering both challenges and opportunities. The global market for AI-driven cybersecurity products is projected to grow significantly, presenting a promising investment opportunity. The article emphasizes the potential of AI to enhance cybersecurity measures by analyzing data and identifying vulnerabilities proactively.
Is This Top Cybersecurity Stock a Buy Before Earnings?
CyberArk, a leader in identity security, has been performing strongly in the stock market, with shares gaining 32% year-to-date and outperforming the S&P 500. The company is expected to report its quarterly results soon, with forecasts indicating a 7% EPS growth and a 22% increase in sales. CyberArk recently delivered record revenue and increased profitability, surpassing its previous guidance. Subscription revenue saw a significant increase, nearly 50% higher than the previous year. The company has raised its guidance and maintains a bullish outlook for the fiscal year, with a Zacks Consensus EPS estimate up nearly 40% over the last year.
CyberArk (CYBR) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Wall Street analysts anticipate CyberArk (CYBR) to report quarterly earnings of $0.45 per share, marking a 7.1% year-over-year increase. Expected revenues are $233.9 million, up 22.3% from the previous year. Analysts have not revised the consensus EPS estimate over the last 30 days, indicating stability in expectations. Key metrics include a significant increase in Revenues- Subscription by 128.4% and Total Annual Recurring Revenue (ARR) expected to reach $922.55 million, up from $705 million last year. Despite a slight decline in Maintenance Annual Recurring Revenue (ARR), CyberArks strong performance and Zacks Rank #1 (Strong Buy) suggest it will outperform the market. The article highlights the importance of earnings estimates in predicting stock performance.
BILL Holdings Q1 Earnings Beat Estimates, Revenues Increase Y/Y
BILL Holdings reported strong financial results for the first quarter of fiscal 2025, with earnings per share of 63 cents, surpassing the Zacks Consensus Estimate by 28.57% and increasing 43.2% year over year. The company achieved revenues of $358.5 million, a 17.5% increase from the previous year, driven by an 18.8% growth in core revenues. BILL processed $79.9 billion in total payment volume, marking a 13.8% year-over-year increase. The company served 476.2K businesses, with a notable increase in its Integrated Platform customers. Despite a year-to-date decline in shares, the positive earnings report and optimistic guidance led to a 1.82% rise in pre-market trading. The company also reported a significant increase in non-GAAP operating income and an expanded operating margin.
CyberArk (CYBR) Increases Yet Falls Behind Market: What Investors Need to Know
CyberArk (CYBR) recently closed at $296.20, marking a slight increase from the previous trading session. The companys stock performance has been positive over the past month, although it slightly underperformed compared to the broader Computer and Technology sector. CyberArk is set to release its earnings report on November 13, 2024, with expectations of a 7.14% rise in EPS to $0.45 and a 22.31% increase in revenue to $233.9 million. Full-year estimates predict earnings of $2.30 per share and revenue of $939.08 million, representing significant year-over-year growth. Analysts have revised their estimates upwards, reflecting confidence in CyberArks business operations. The company currently holds a Zacks Rank of #1 (Strong Buy), indicating strong investor sentiment. CyberArks valuation metrics, including a Forward P/E ratio of 127.89 and a PEG ratio of 3.83, suggest a premium compared to industry averages.
CYBR to Report Q3 Earnings: What's in the Cards for the Stock?
CyberArk Software Ltd. is set to report its third-quarter 2024 results on November 13, 2024. The company anticipates revenues between $230 million and $236 million, with the Zacks Consensus Estimate at $233.90 million, indicating a 22.31% year-over-year growth. The expected non-GAAP earnings per share range from 38 to 49 cents, with a consensus of 45 cents, reflecting a 7.14% improvement. CyberArks performance is driven by increased demand for cybersecurity solutions, particularly in privileged access management, due to rising data breaches and digital transformation. The companys shift towards a subscription-based model has significantly contributed to its revenue growth, with subscription revenues projected to increase by 35.3% year-over-year. Despite a decline in perpetual license revenues, strong renewal rates have stabilized maintenance and professional services revenues.
Exploring 3 High Growth Tech Stocks in the United States
CyberArk Software Ltd. is highlighted as a high-growth tech stock in a favorable U.S. market environment. The company, with a market cap of $12.11 billion, focuses on identity security solutions and is experiencing significant revenue growth, projected at 26.9% annually. This growth is supported by strategic client acquisitions, including RBL Finserve and SAP Enterprise Cloud Services, which enhance its market position and validate its product offerings. CyberArks aggressive R&D investment strategy is crucial for maintaining its technological leadership in cybersecurity solutions. The companys future profitability is forecasted to surge by 113.6% annually, indicating a strong growth trajectory.
CustomersPartners
Is Trending Stock CyberArk Software Ltd. (CYBR) a Buy Now?
CyberArk, a company specializing in software for detecting attacks on privileged accounts, has been a focus of attention on Zacks.com. Over the past month, its stock has returned +2.1%, slightly underperforming the Zacks S&P 500 composites +3.2% change. The companys earnings estimates for the current quarter are expected to be $0.45 per share, a 7.1% increase from the previous year. For the fiscal year, earnings are projected to grow by 105.4% to $2.30 per share. The Zacks Rank tool has given CyberArk a #1 (Strong Buy) rating, indicating a positive outlook for its stock price based on earnings estimate revisions. The article suggests a growth-positive impact on CyberArk due to favorable earnings projections.
All You Need to Know About CyberArk (CYBR) Rating Upgrade to Buy
CyberArk has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices. The Zacks rating system, which focuses on a companys changing earnings picture, has positively impacted CyberArks stock outlook. This upgrade reflects optimism about CyberArks earnings potential, which could lead to increased buying pressure and a rise in stock price. Institutional investors play a role in this dynamic, as they adjust their valuation models based on earnings estimates, influencing stock movements. The Zacks Rank system, known for its strong track record, effectively utilizes earnings estimate revisions to guide investment decisions. This upgrade suggests an improvement in CyberArks business, which investors are likely to appreciate, potentially driving the stock higher.
Here's Why CyberArk (CYBR) Fell More Than Broader Market
CyberArks stock closed at $282.94, reflecting a slight decrease of 0.98% from the previous day. Despite this, the company has seen a 2.16% increase in its stock price over the past month, although it lags behind the broader Computer and Technology sectors 2.83% gain. Investors are keenly awaiting CyberArks earnings report on November 13, 2024, where analysts expect a 7.14% year-over-year growth in earnings per share to $0.45 and a 22.31% increase in revenue to $233.9 million. For the full fiscal year, earnings are projected to rise by 104.46% to $2.29 per share, with revenue expected to grow by 24.9% to $939.08 million. The companys valuation metrics, including a Forward P/E ratio of 124.65 and a PEG ratio of 3.73, suggest a premium compared to industry averages.
CyberArk to Present at Upcoming Investor Conferences
Bull of the Day: CyberArk Software (CYBR)
CyberArk Software, a leader in identity security, is experiencing a positive growth trajectory, as evidenced by its strong earnings outlook and favorable Zacks Rank #1 (Strong Buy). The companys fiscal year outlook is bullish, with a significant increase in EPS estimates and sales growth forecasted to be 25% higher than the previous year. Following its latest quarterly results, CyberArks shares reached all-time highs, driven by record revenue and profitability improvements. The company raised its full-year guidance, reflecting strong demand and subscription revenue growth. Despite a high valuation, investors have high growth expectations for CyberArk, making it an attractive stock for consideration.
CyberArk Software and Ulta Beauty have been highlighted as Zacks Bull and Bear of the Day
CyberArk Software has been highlighted as a strong performer by Zacks Equity Research, earning the title of Bull of the Day. The company, a leader in identity security, has seen a significant increase in its earnings outlook, with a Zacks Consensus EPS estimate up more than 60% over the last year. Sales growth is also strong, with a forecasted increase of 25% over FY23. CyberArks shares have reached all-time highs following its latest quarterly results, which showed record revenue and improved profitability. The companys growth trajectory remains robust, despite a high valuation. The positive earnings estimate revisions and strong demand for its services have contributed to the bullish outlook.
3 IT Services Stocks to Buy From a Prospering Industry
The Zacks Computers – IT Services industry is facing challenges due to macroeconomic conditions that are affecting sales cycles. However, companies like Vertiv, Check Point Software, and CyberArk Software are benefiting from global digitization efforts. The industry is experiencing growth driven by increased spending on cloud, IoT, cybersecurity, data analytics, AI, and automation. The demand for advanced IT-service infrastructure solutions, particularly for hybrid work environments and digital healthcare, is boosting the prospects of industry participants. Improving IT spending trends are also favorable, with Gartner projecting a 7.5% increase in IT spending in 2024, reaching $5.26 trillion. This growth is expected to benefit industry players as they modernize legacy business processes and integrate emerging technologies.
Is Most-Watched Stock CyberArk Software Ltd. (CYBR) Worth Betting on Now?
CyberArk, a company known for its software that detects attacks on privileged accounts, has seen its stock return +2.1% over the past month, outperforming the Zacks S&P 500 composites +1.4% change. The companys earnings estimates for the current quarter and fiscal year indicate significant growth, with expected earnings of $0.45 per share for the current quarter and $2.29 for the fiscal year, reflecting changes of +7.1% and +104.5% respectively from the previous year. The Zacks Rank has rated CyberArk as a Strong Buy, suggesting a positive outlook for its stock price in the near term due to the strong correlation between earnings estimate revisions and stock price movements.
Zacks Investment Ideas feature highlights: Palo Alto Networks, CyberArk Software and Fortinet
The article highlights Palo Alto Networks as a key player in the cybersecurity sector, emphasizing its robust sales growth and profitability. The company has experienced double-digit year-over-year growth rates for ten consecutive periods, with a 20% increase in its remaining performance obligation (RPO) to $12.7 billion. This growth is driven by the widespread adoption of AI, IoT devices, and increased digitization, which have expanded attack surfaces and necessitated advanced security solutions. Palo Alto Networks is well-positioned to capitalize on these trends, with consensus expectations indicating a 10% EPS growth and a 14% sales increase for the current fiscal year. The companys valuation multiples are high, reflecting strong growth expectations from investors.
Customers
CyberArk (CYBR) Exceeds Market Returns: Some Facts to Consider
CyberArks stock closed at $293.46, marking a 1.56% increase from the previous day, outperforming the S&P 500s 0.22% gain. The company, known for its software that detects attacks on privileged accounts, has seen a 1.84% increase in its stock over the past month. Investors are keenly awaiting CyberArks earnings report on November 13, 2024, which is expected to show a 7.14% increase in EPS to $0.45 and a 22.31% rise in revenue to $233.9 million compared to the previous year. Analysts have revised their estimates positively, indicating optimism about the companys business outlook. CyberArk holds a Zacks Rank of #1 (Strong Buy), with a Forward P/E ratio of 126.05, higher than the industry average.
CyberArk Software Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
CyberArk Software reported a revenue of $224.7 million for the latest quarter, marking a 28% increase from the previous quarter. The companys net loss narrowed by 50% to $12.9 million, with a loss per share improving from $0.62 to $0.30. Revenue exceeded analyst estimates by 2.3%, although earnings per share missed estimates by 7.9%. Looking forward, CyberArks revenue is expected to grow by 27% annually over the next three years, significantly outpacing the 12% growth forecast for the US software industry. Despite these positive indicators, the companys shares have fallen by 1.8% over the past week. The article notes a warning sign for CyberArk that should be considered by investors.
3 Top Stocks to Buy for Cybersecurity Exposure
The article discusses the positive growth trajectory of Palo Alto Networks, a leading company in the cybersecurity sector. The company has experienced robust sales growth, with double-digit year-over-year increases for ten consecutive periods. Its profitability has improved due to margin expansion, and its cash-generating abilities have also increased. The companys remaining performance obligation (RPO) grew by 20% year-over-year to $12.7 billion, indicating strong demand. Valuation multiples are high, reflecting investors expectations for continued growth. The article highlights the importance of cybersecurity in the context of increasing digital threats and the adoption of AI and IoT technologies.
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Why CyberArk (CYBR) Outpaced the Stock Market Today
CyberArk (CYBR) closed the recent trading day at $299.98, marking a 1.46% increase, outperforming the S&P 500s gain. The companys shares have risen by 9% over the past month, surpassing the Computer and Technology sectors growth. Investors are keenly awaiting CyberArks earnings report on November 13, 2024, which is expected to show a 7.14% increase in EPS to $0.45 and a 22.31% rise in revenue to $233.9 million compared to the previous year. For the fiscal year, earnings are projected to grow by 104.46% and revenue by 24.9%. CyberArk holds a Zacks Rank of #1 (Strong Buy), indicating positive analyst sentiment. The company trades at a Forward P/E ratio of 128.98, higher than the industry average, and a PEG ratio of 3.86.
Wix.com (WIX) Moves 3.2% Higher: Will This Strength Last?
Wix.com shares increased by 3.2% in the last trading session, closing at $177.24, driven by strong topline performance and increased adoption of its AI products and WIX Studio. The company has raised its 2024 outlook for bookings, revenues, and free cash flow, with revenues now expected to be between $1,747-$1,761 million. The addition of new features to WIX Studio has led to a higher number of Studio accounts and new partners joining the platform. The company is expected to post quarterly earnings of $1.44 per share, a 30.9% year-over-year increase, with revenues expected to rise by 12.6% from the previous year. The stock carries a Zacks Rank #3 (Hold).
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CyberArk Named a 2024 Overall Leader in Privileged Access Management by KuppingerCole
CyberArk (CYBR) Advances While Market Declines: Some Information for Investors
CyberArk (CYBR) closed at $295.65 in the latest trading session, marking a 0.51% increase, outperforming the S&P 500. Over the past month, CyberArks shares have appreciated by 9.74%, surpassing the Computer and Technology sectors gain of 4.44%. The companys upcoming earnings report, expected on November 13, 2024, is projected to show a 7.14% increase in EPS and a 22.31% rise in revenue compared to the previous year. Full-year estimates predict earnings of $2.29 per share and revenue of $939.08 million, representing significant year-over-year growth. CyberArk holds a Zacks Rank of #1 (Strong Buy), indicating optimism about its business outlook. The companys Forward P/E ratio is 128.32, and its PEG ratio is 3.84, both higher than industry averages.
3 US Stocks With Estimated Discounts To Fair Value Ranging From 22.2% To 36.7%
The article discusses the potential growth opportunities for Adobe, CyberArk Software, and Vertiv Holdings Co, as they are identified as undervalued stocks based on discounted cash flow analysis. Adobe is highlighted for its significant undervaluation and strong growth prospects, with a forecasted annual earnings growth of 16.5% and a high return on equity projection. CyberArk Software is noted for its strategic partnerships with major clients like SAP ECS and RBL Finserve, which could enhance future cash flows. Vertiv Holdings Co is recognized for its product expansions in data center efficiency, indicating strong future cash flow potential. The article emphasizes the importance of identifying undervalued stocks in a rising market environment.
CyberArk (CYBR) Increases Yet Falls Behind Market: What Investors Need to Know
CyberArk (CYBR) closed the most recent trading day at $295.30, marking a slight increase of 0.29%. Over the past month, its shares have risen by 7.96%, slightly underperforming the Computer and Technology sectors gain of 8.6%. The company is expected to release its earnings report on November 13, 2024, with analysts predicting earnings of $0.45 per share, a 7.14% year-over-year growth, and revenue of $233.9 million, up 22.31% from the previous year. For the full year, earnings are expected to grow by 104.46% and revenue by 24.9%. CyberArk holds a Zacks Rank of #1 (Strong Buy), indicating positive sentiment and potential for future growth. The companys valuation metrics, including a Forward P/E ratio of 128.46 and a PEG ratio of 3.85, suggest a premium compared to industry averages.
The Zacks Analyst Blog Datadog, Palo Alto Networks and CyberArk Software
The article discusses the growth potential of three cybersecurity stocks: Datadog Inc., Palo Alto Networks Inc., and CyberArk Software Ltd. It highlights the increasing demand for cybersecurity solutions due to the rise in digital transformation, AI, and IoT devices. Datadog is benefiting from new customer additions and partnerships with major cloud providers like Google Cloud, Microsoft Azure, and Amazon Web Services. The article suggests these stocks have strong growth potential for the rest of 2024, with positive earnings estimate revisions. The global cybersecurity market is expected to grow significantly, reaching $300-$375 billion by 2028-2030.
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3 Cybersecurity Stocks to Buy for Handsome Returns in the Short Term
The article discusses the growth potential of three cybersecurity companies: Datadog Inc., Palo Alto Networks Inc., and CyberArk Software Ltd. These companies are expected to provide double-digit returns due to the increasing demand for advanced security solutions driven by the rise in cyberattacks and digital transformation. Datadog is benefiting from new customer additions and a strong cloud partner base, including Google Cloud, Microsoft Azure, and Amazon Web Services. Palo Alto Networks is seeing growth from deal wins and its subscription-based services, while CyberArk Software is capitalizing on the demand for privileged access security solutions. The global cybersecurity market is projected to grow significantly, reaching $300-$375 billion by 2028-2030.
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CYBR Trades Near 52-Week High: Is it the Right Time to Buy the Stock?
CyberArk has seen a significant increase in its share price, outperforming both the Zacks Computer and Technology sector and the S&P 500. The companys strong performance is attributed to its expanding product offerings, strategic acquisitions, and robust financial growth. CyberArks recent acquisition of C3M and the pending acquisition of Venafi have enhanced its cybersecurity capabilities. The company has added 245 new customers in the second quarter of 2024, with significant growth in high-revenue clients. Strategic partnerships with tech giants like Microsoft, Amazon, and Alphabet have further strengthened CyberArks market position. The company has raised its 2024 revenue and EPS guidance, making it a compelling investment option.
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What Makes CyberArk (CYBR) a Strong Momentum Stock: Buy Now?
The article discusses CyberArk (CYBR) in the context of momentum investing, highlighting its strong performance metrics. CyberArk has a Momentum Style Score of A and a Zacks Rank of #2 (Buy), indicating its potential to outperform the market. The companys shares have shown significant growth over various time frames, outperforming both its industry and the S&P 500. The article also notes positive trends in earnings estimate revisions, with 13 estimates moving higher over the past two months. These factors suggest that CyberArk is a promising stock for momentum investors, with a positive outlook for the near term.
CyberArk (CYBR) Advances But Underperforms Market: Key Facts
CyberArks stock closed at $280.52, showing a slight increase of 0.53% from the previous day, though it lagged behind the broader market indices. The company has seen a 3.54% increase in stock price over the past month. Investors are keenly awaiting CyberArks upcoming earnings report on November 13, 2024, which is expected to show a 7.14% increase in EPS and a 22.31% rise in quarterly revenue. For the full year, earnings and revenue are projected to grow by 104.46% and 24.9%, respectively. Analyst estimates have remained stable, and CyberArk currently holds a Zacks Rank of #2 (Buy), indicating positive sentiment. The companys valuation metrics, such as a Forward P/E ratio of 121.73 and a PEG ratio of 3.65, suggest a premium compared to industry averages.
CyberArk to Announce Third Quarter 2024 Financial Results on November 13
CyberArk Boosts Its Venafi Product Line: What Should Investors Do?
CyberArk has experienced a 25.2% rise in its shares year-to-date, outperforming the Zacks Computer - Software industry and the S&P 500 index. This growth reflects investor confidence in CyberArks strong position in the cybersecurity market. The company has enhanced its product portfolio through its subsidiary, Venafi, which launched new features in its Control Plane for Machine Identities product. These enhancements include post-quantum cryptography support and cloud-to-cloud connectivity. CyberArks partnerships with tech giants like Microsoft, Amazon, and Alphabet have strengthened its market reach and product offerings. The companys strong financial performance, including a 24% year-over-year revenue growth in the second quarter of 2024, has led to raised guidance for the full year. CyberArks focus on innovation and partnerships continues to drive its financial success, making it a compelling investment option.
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CyberArk (CYBR) Stock Slides as Market Rises: Facts to Know Before You Trade
CyberArks stock recently closed at $274.36, experiencing a slight decline compared to the previous day. Despite this, the companys upcoming earnings release is anticipated to show positive growth, with projected earnings of $0.45 per share, representing a 7.14% increase year-over-year. Revenue is also expected to rise by 22.31% to $233.9 million. For the entire year, earnings are forecasted to grow by 104.46%, with revenue increasing by 24.9%. Analysts confidence in CyberArks performance is reflected in the Zacks Rank of #2 (Buy). The companys valuation metrics, such as a Forward P/E ratio of 122.02 and a PEG ratio of 3.66, indicate a premium compared to industry averages. These factors suggest a positive outlook for CyberArks growth potential.
Venafi Unveils New Product Capabilities to Help Organizations Prepare for a Multi-Cloud and Post-Quantum Future
High Growth Tech Stocks To Watch In October 2024
Ascendis Pharma, a biopharmaceutical company with a market cap of $8.63 billion, has made significant strategic moves, including a successful $300 million follow-on equity offering and a product submission to the FDA for TransCon hGH. These actions highlight the companys proactive approach to addressing growth hormone deficiencies and its commitment to innovation. With a projected annual earnings growth of 67.8% and a forecasted revenue increase of 39.7% per year, Ascendis Pharma is well-positioned in the competitive biotech landscape. The companys focus on unmet medical needs and strategic market maneuvers underscore its potential for impactful growth.
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CyberArk Completes Acquisition of Machine Identity Management Leader Venafi
Is CyberArk Software (CYBR) Outperforming Other Computer and Technology Stocks This Year?
CyberArk, a company within the Computer and Technology group, has shown impressive stock performance, outperforming its peers with a 33.1% year-to-date increase. The company holds a Zacks Rank of #2 (Buy), indicating a strong earnings outlook. The Zacks Consensus Estimate for CyberArks full-year earnings has risen by 14.9% in the past quarter, reflecting improved analyst sentiment. The Computer and Technology sector, in comparison, has returned an average of 25.1% year-to-date. CyberArk belongs to the Computers - IT Services industry, which has gained 7.7% this year. Investors are advised to keep an eye on CyberArk and Arteris, Inc., another strong performer in the sector.
Battle-Tested CyberArk Protects Core Business, Expands Into Machine Identity Market
CyberArk has successfully protected its core business from new market entrants and has expanded into the machine identity market through a strategic acquisition. This move is expected to bolster its market position and drive future growth.
Acquisition
Is Now An Opportune Moment To Examine CyberArk Software Ltd. (NASDAQ:CYBR)?
CyberArk Software Ltd. (NASDAQ:CYBR) has experienced a 17% increase in its share price over the past few months, reaching its 52-week high. Despite this growth, the stock is still considered undervalued, with an intrinsic value of $470.46 compared to its current trading price of $284. The companys future earnings growth is projected to be a modest 7.6%. Current shareholders might consider increasing their holdings, while potential investors may find this an opportune moment to buy. However, other factors such as the companys financial health and management track record should also be considered.
Undervalued US Stocks To Watch In September 2024
As of late September 2024, the S&P 500 and Dow Jones Industrial Average have retreated from their recent record highs, reflecting a stalled stock market rally amid anticipation of key economic data releases. Despite this pause, investor optimism persists regarding a potential soft landing for the economy and continued interest rate cuts by the Federal Reserve. The article highlights several undervalued stocks based on cash flows, including CyberArk Software, Corning, and XPeng. These companies are trading below their estimated fair values, suggesting potential investment opportunities. The article also discusses recent client wins, product launches, and strategic moves by these companies, indicating robust future financial performance.
CyberArk (CYBR) Dips More Than Broader Market: What You Should Know
CyberArk (CYBR) closed at $283.73 in the latest trading session, marking a slight decline of -0.27%. Despite this, the companys stock has gained 0.94% over the past month. Analysts are optimistic about CyberArks upcoming earnings report, projecting an EPS of $0.45 and revenue of $233.9 million for the quarter, reflecting year-over-year increases of 7.14% and 22.31%, respectively. For the full year, earnings are expected to rise by 104.46% to $2.29 per share, with revenue increasing by 24.9% to $939.08 million. The company currently holds a Zacks Rank of #3 (Hold) and is trading at a premium with a Forward P/E ratio of 124.11.
CyberArk Celebrates 10 Year Anniversary of Its Initial Public Offering
Here's Why CyberArk (CYBR) is a Strong Momentum Stock
CyberArk Software Ltd., headquartered in Petah Tikva, Israel, is a provider of information technology security solutions. The company is a key security partner to over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. CyberArk has a Momentum Style Score of B and a VGM Score of B, with a Zacks Rank #3 (Hold) rating. The stock has shown positive price action, gaining 3.4% over the past week and 0.3% over the past four weeks, with a 67.4% increase over the last year. Analysts have revised their earnings estimates upwards for fiscal 2024, contributing to an average earnings surprise of 89.2%. Investors are encouraged to consider adding CYBR to their portfolios.
CyberArk (CYBR): Leading the Identity Security Market with Strong Financials and Growth Potential
Cyberark Software Ltd. (NASDAQ:CYBR) is highlighted as a leading mid-cap growth stock, particularly in the identity security market. The company has shown strong financial performance with a Q2 2024 revenue of $224.71 million, a 27.79% increase from the previous year. Cyberark signed 245 new customers, with half adopting multiple solutions. The company’s subscription ARR grew 50% year-over-year to $677 million. Cyberarks proposed acquisition of Venafi is seen as a strategic move to strengthen its machine identity management capabilities. Additionally, the launch of AI-driven threat detection and response solutions further enhances its platform. The overall outlook for Cyberark is positive, driven by strong demand for its identity security solutions.
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CyberArk Software's Profitability 'Biased Upwards', RBC Capital Says
CyberArk Softwares profitability outlook has been described as biased upwards by RBC Capital. This positive assessment suggests that the company is expected to perform well financially. The article is part of a premium news service requiring a Silver or Gold subscription plan for full access.
RBC says this stock is a 'top mid-cap cybersecurity idea,' starts coverage at Buy
RBC Capital Markets initiated coverage of CyberArk Software Ltd with an Outperform rating and a price target of $328, leading to a more than 1% rise in CYBR shares. RBC identified CyberArk as a top mid-cap cybersecurity idea, highlighting the significance of identity spending, potential expansion in the Privileged Access Management market, and new product cross-sells. The firm also noted CyberArks strategic acquisition of Venafi, which is expected to be accretive to growth and profitability. Despite a slowdown in 2023, Venafi is anticipated to return to over 20% growth. RBC also emphasized CyberArks strong cash flow potential, projecting a significant increase in free cash flow margins by 2025.
Acquisition
Here's Why CyberArk (CYBR) Gained But Lagged the Market Today
In the latest trading session, CyberArk (CYBR) closed at $271.23, marking a +1.19% move from the previous day. Despite this, the stock has dropped by 4.8% over the past month. The upcoming earnings release is highly anticipated, with projections of $0.45 EPS and $233.9 million in revenue for the quarter. For the full year, earnings are expected to be $2.29 per share with $939.08 million in revenue. Analyst forecast revisions are seen as positive indicators for the companys outlook. CyberArk holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 116.93, indicating a premium valuation.
CyberArk (CYBR) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, CyberArk (CYBR) closed at $271.53, marking a -0.45% move from the previous day. The stock has depreciated by 1.32% over the past month, underperforming the Computer and Technology sectors gain of 3.3% and the S&P 500s gain of 4.86%. Investors are looking forward to CyberArks upcoming earnings disclosure, with projections of $0.45 per share and $233.9 million in revenue for the quarter. For the fiscal year, estimates are $2.29 per share and $939.08 million in revenue. The Zacks Consensus EPS estimate has increased by 1.93% over the last 30 days. CyberArk holds a Zacks Rank of #3 (Hold) and is trading at a Forward P/E ratio of 118.99.
CYBR Boosts Offerings With Partnerships: What Should Investors Do?
CyberArk (CYBR) shares have gained 19.2% year to date, outperforming the Zacks Computer - Software industry, the Zacks Computer and Technology Sector, and the S&P 500 index. This growth reflects investor confidence in CyberArks position in the cybersecurity market. The company has been enhancing its product portfolio through innovations and strategic partnerships with tech giants like Microsoft, Amazon AWS, and Google Cloud. These partnerships have expanded CyberArks market reach and provided comprehensive security solutions to over 5,400 global businesses, including more than 50% of the Fortune 500 and 35% of the Global 2000 companies. However, near-term prospects might be affected by softening IT spending due to high interest rates and inflationary pressures.
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CyberArk Named a Leader in the 2024 Gartner® Magic Quadrant™ for Privileged Access Management
Proofpoint and CyberArk Expand Strategic Partnership to Comprehensively Secure Identities in Hybrid and Multi-Cloud Environments
Technological University Dublin Implements New Identity Security Approach in Hybrid Environment Using CyberArk
RBL Finserve Protects Growing Number of Identities In Multi-Cloud Environment with CyberArk
Why CyberArk (CYBR) is a Top Momentum Stock for the Long-Term
CyberArk Software Ltd., headquartered in Petah Tikva, Israel, is a prominent player in the information technology security sector. The company has shown significant stock price momentum, with a 2.5% increase over the past week and a 16.1% rise over the past four weeks. Over the last year, the stock has gained 70.8%. CyberArk has a Momentum Style Score of B and a VGM Score of B, with a Zacks Rank #2 (Buy) rating. The company serves over 5,400 global businesses, including more than 50% of the Fortune 500 and over 35% of the Global 2000 companies. Analysts have revised their earnings estimates upwards, contributing to a positive outlook for the stock.
Customers
CyberArk Software Ltd. (CYBR) Hits Fresh High: Is There Still Room to Run?
Shares of CyberArk (CYBR) have been strong performers recently, with the stock up 12.3% over the past month and hitting a new 52-week high of $293.31. The company has shown impressive earnings performance, beating consensus estimates in the last four quarters. For the current fiscal year, CyberArk is expected to post earnings of $2.27 per share on $938.36 million in revenues, representing significant year-over-year growth. Despite its high valuation metrics, CyberArks strong Zacks Rank and favorable Style Scores suggest potential for continued growth. The article also compares CyberArk favorably to industry peer Unisys Corporation (UIS), which has also shown strong performance.
Exploring Three High Growth Tech Stocks In The United States
BioMarin Pharmaceutical Inc. has shown significant growth, with earnings surging by 156.6% last year and revenues forecasted to rise by 9.7% annually. The company focuses on developing therapies for rare diseases and has a market cap of $17.20 billion. Recent executive changes bring experienced leaders from Amgen and Roche to drive further advancements. BioMarin reported a revenue increase to $712 million for Q2 2024 from $595 million a year ago and net income of $107 million compared to $56 million previously. The companys strong R&D expenditure reflects its commitment to innovation.
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CyberArk Named Trusted Cloud Provider by Cloud Security Alliance
CyberArk Software Ltd. (CYBR): One of Oppenheimer’s Top Stock Picks For the Next 12 Months
CyberArk Software Ltd. (NASDAQ:CYBR) has been identified as one of Oppenheimers favorite stocks for the next 12 months. The company, which specializes in cybersecurity and identity management solutions, is benefiting from the rise in cloud adoption and increasing cybersecurity requirements. CyberArk has shown strong annual recurring revenue (ARR) growth, posting 36% and 34% in Q4 2023 and Q1 2024, respectively. The company is also expanding into machine identity management, driven by the proliferation of AI. Oppenheimer believes CyberArk has established itself as a leader in privileged account management and is poised for further growth.
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Wall Street Analysts See CyberArk (CYBR) as a Buy: Should You Invest?
The article discusses the analyst recommendations for CyberArk (CYBR), which currently holds an average brokerage recommendation (ABR) of 1.11, indicating a strong buy. Out of 28 brokerage firms, 26 have rated it as a Strong Buy and one as a Buy. Despite the positive ABR, the article advises caution, noting that brokerage firms often have a vested interest in the stocks they cover, leading to overly optimistic ratings. The article suggests using the Zacks Rank, a proprietary stock rating tool based on earnings estimate revisions, as a more reliable indicator. CyberArks Zacks Rank is #2 (Buy), supported by a 13.2% increase in earnings estimates over the past month.
Is CyberArk Software Ltd. (CYBR) the Best Enterprise Software Stock to Buy Now?
CyberArk Software Ltd. is identified as a strong performer in the enterprise software market, driven by its expanding cloud business and the increasing importance of Privileged Access Management (PAM). Despite tough market conditions, CyberArk remains resilient, benefiting from the rapid growth in machine identities. The companys recent acquisition of Venafi is seen as a strategic move that strengthens its position in machine identity management, adding significant revenue and expanding its market. For its latest earnings report announced on August 8, CyberArk delivered strong results, with an impressive year-to-date price return of 27.83%, significantly outperforming the S&P 500’s 16.45% gain.
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CyberArk (CYBR) Is Up 2.30% in One Week: What You Should Know
CyberArk (CYBR) is showing promise as a solid momentum pick, according to Zacks Investment Research. The company currently has a Momentum Style Score of A and a Zacks Rank of #2 (Buy). Over the past week, shares of CyberArk have risen 2.3%, and over the past quarter, they have risen 20.56%. Over the last year, shares have risen 79.64%. In the past two months, 12 earnings estimates have moved higher for the full year, boosting CYBRs consensus estimate from $2.04 to $2.27.
Investment
CyberArk (CYBR) Up 28% YTD: Is the Stock Still Worth Buying?
CyberArk Software has shown significant growth in 2024, with its stock price climbing 28.5% year to date. This growth is attributed to the companys expansion of product offerings, securing high-value deals, and maintaining robust financial growth. The company has also benefited from the increasing demand for robust cybersecurity solutions. In Q2 2024, CyberArk added 245 new customers. The company has also expanded its market reach through strategic partnerships with Microsoft, Amazons AWS, and Alphabets Google Cloud. The pending acquisition of Venafi is set to enhance CyberArks offerings even further.
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3 High-Value Stocks Estimated To Be Trading At Discounts Of 17.3% To 40.7%
The article discusses the potential of undervalued stocks in the current volatile market. It lists the top 10 undervalued stocks based on cash flows and provides a detailed analysis of three companies - CyberArk Software, On Holding, and Trend Micro. These companies are identified as significantly undervalued based on discounted cash flow analysis. The article also mentions their recent financial performance, growth potential, and strategic initiatives.
Investment
Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
CyberArk Software Ltd., an IT security solutions provider, has been identified as a potential buy for momentum investors by Zacks Investment Research. The company has a Momentum Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. The stock has seen a 13.2% increase over the past week and a 3% increase over the past four weeks. Over the last year, the stock has gained 77%. Three analysts have revised their earnings estimate upwards for the company in the last 60 days, and the Zacks Consensus Estimate has increased $0.05 to $2.09 per share for 2024.
Investment
CyberArk to Present at Upcoming Investor Conferences
Wedbush Just Raised its Price Target on These 7 Stocks: August 12, 2024
Investment bank Wedbush has updated its price targets for several stocks, including Apellis Pharmaceuticals, Beazer Homes USA, Maplebear (Instacart), Cyberark Software, Expedia Group, Under Armour, and UWM Holdings. The bank has a neutral rating on most of these stocks, but has raised its price targets based on recent earnings reports and market conditions. The sectors covered by these stocks include healthcare, real estate, consumer discretionary, financial services, and technology.
Investment
CyberArk Software Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
CyberArk Software reported its Q2 2024 results, with revenue of $224.7m, up 28% from Q2 2023. The companys net loss was $12.9m, a 50% improvement from the same period last year. However, earnings per share fell short of analyst estimates by 7.9%, while revenue beat estimates by 2.3%. Looking ahead, the companys revenue is forecast to grow 17% p.a. on average over the next three years, compared to a 12% growth forecast for the US software industry. The companys shares are up 11% from a week ago.
Customers
CyberArk (CYBR) Soars 8% as Q2 Earnings & Revenues Beat Estimates
CyberArk Software Ltd. reported better-than-expected Q2 2024 results, with shares gaining more than 8%. The companys non-GAAP earnings of 54 cents per share exceeded the Zacks Consensus Estimate of 41 cents. Revenues increased 24% year over year to $224.7 million, surpassing the consensus mark of $219.3 million. More than 92% of quarterly revenues were recurring in nature, surging approximately 32% year over year to $208 million. The company also raised its guidance for full-year 2024, expecting revenues in the range of $932-$942 million.
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CyberArk Posts 'Robust' Q2, 'Healthy' Guidance as a Top Segment Pick, Wedbush Says
The article reports on CyberArks robust Q2 results and healthy guidance, as stated by Wedbush. However, the full details of the report are not accessible without a Silver or Gold subscription to MT Newswires.
CyberArk (CYBR) Reports Q2 Earnings: What Key Metrics Have to Say
CyberArk reported a 27.8% increase in revenue for the quarter ended June 2024, with a total of $224.71 million. The reported revenue exceeded the Zacks Consensus Estimate of $219.26 million by 2.48%. The companys EPS was $0.54, significantly higher than the $0.03 in the same quarter of the previous year. The companys total Annual Recurring Revenue (ARR) was $868 million, Maintenance ARR was $191 million, and Subscription ARR was $677 million. However, the companys shares have fallen by 10.3% over the past month.
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SAP Enterprise Cloud Services Selects CyberArk to Safeguard the World’s Largest Organizations
CyberArk Q2 Non-GAAP Net Income, Revenue Increase; 2024 Outlook Raised
CyberArk reported an increase in its Q2 Non-GAAP net income and revenue. The company also raised its outlook for 2024. Further details were not provided in the article.
Customers
CyberArk: Q2 Earnings Snapshot
CyberArk Software Ltd. reported a loss of $12.9 million in its second quarter. Despite this, the companys earnings and revenue topped Wall Street expectations. The company posted revenue of $224.7 million in the period, beating the expected $219.3 million. For the current quarter ending in September, CyberArk expects its per-share earnings to range from 38 cents to 49 cents. The company also expects revenue in the range of $230 million to $236 million for the fiscal third quarter. CyberArk expects full-year earnings in the range of $2.17 to $2.36 per share, with revenue ranging from $932 million to $942 million.
Investment
CyberArk (CYBR) Surpasses Q2 Earnings and Revenue Estimates
CyberArk (CYBR) reported quarterly earnings of $0.54 per share, surpassing the Zacks Consensus Estimate of $0.41 per share. This is a significant increase from earnings of $0.03 per share a year ago. The company, which makes software that detects attacks on privileged accounts, posted revenues of $224.71 million for the quarter ended June 2024, beating the Zacks Consensus Estimate by 2.48%. This is an increase from year-ago revenues of $175.84 million. CyberArk shares have gained about 11.2% since the beginning of the year. The companys future performance will depend on managements commentary on the earnings call.
Investment
Should You Invest in CyberArk (CYBR) Based on Bullish Wall Street Views?
CyberArk currently has an average brokerage recommendation (ABR) of 1.11, indicating a strong buy. However, the article suggests that investors should not solely rely on this information as brokerage recommendations often have a strong positive bias due to vested interests. The article suggests that investors should use the ABR to validate their own research or use it as an indicator that has proven to be successful in predicting a stocks price movement. The Zacks Consensus Estimate for CyberArks current year earnings has remained unchanged over the past month at $2.04, resulting in a Zacks Rank #3 (Hold) for CyberArk.
CyberArk Announces Strong Second Quarter 2024 Results
CyberArk (CYBR) to Report Q2 Earnings: What's in the Offing?
CyberArk Software Ltd. is set to report its Q2 2024 results, with projected revenues between $215 million and $221 million, marking a YoY growth of 24.7%. The companys shift towards software-as-a-service and subscription-based models is expected to have driven this growth. Subscription revenues are estimated at $151.5 million, a YoY increase of 42.7%. However, the company may have faced challenges due to budget cuts and deal postponements in the uncertain macroeconomic environment.
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Curious about CyberArk (CYBR) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Analysts predict that CyberArk (CYBR) will report quarterly earnings of $0.41 per share in its upcoming release, a year-over-year increase of 1266.7%. Revenues are expected to reach $219.26 million, a 24.7% increase from the previous year. The consensus estimate for Revenues- Maintenance and professional services is $60.06 million, a decrease of 7% from the previous year. Revenues- Subscription is expected to reach $155.93 million, a 46.9% increase from the previous year. The Total Annual Recurring Revenue (ARR) is projected to reach $862.76 million. The stock has returned -9.9% over the past month.
Customers
CyberArk Software Ltd. (CYBR) is Attracting Investor Attention: Here is What You Should Know
CyberArks stock has been trending on Zacks.com due to its performance and potential future growth. The companys shares have returned -5.9% over the past month. For the current quarter, CyberArk is expected to post earnings of $0.41 per share, a change of +1,266.7% from the year-ago quarter. The consensus sales estimate for the current quarter of $219.26 million indicates a year-over-year change of +24.7%. Despite these positive projections, the companys Zacks Rank is #3 (Hold), suggesting it may perform in line with the broader market in the near term.
Customers
What Are the Hottest Cybersecurity Stocks Right Now? 3 Top Picks.
The article discusses the importance of cybersecurity and highlights three companies that are leading in their respective niches. CrowdStrikes recent outage is mentioned as a reminder of the critical role cybersecurity plays. Cyberark, specializing in identity management, has seen its share value grow 54% in the last 12 months. Palo Alto Networks, known for its end-to-end security solutions, is growing rapidly with its new Precision AI system for threat detection. Radware, led by its founding CEO since 1997, specializes in cloud security and is poised to benefit from the expansion of AI data centers.
Investment
CyberArk (CYBR) Stock Sinks As Market Gains: What You Should Know
CyberArks shares closed at $256.38, a slight decrease from the previous trading session. Over the past month, the companys shares have decreased by 5.27%, surpassing the Computer and Technology sectors loss of 5.77% but falling behind the S&P 500s loss of 0.44%. The company is scheduled to release its earnings report on August 8, 2024, with an expected EPS of $0.41, a 1266.67% increase from the same quarter of the previous year. The Zacks Consensus Estimate for revenue is projecting net sales of $219.26 million, up 24.69% from the year-ago period. CyberArk currently holds a Zacks Rank of #2 (Buy).
Investment
Fareportal Sees 60% Jump in Cybersecurity Efficiencies Using CyberArk
Why Is CyberArk Software Ltd. (CYBR) Among the Best Cybersecurity Stocks Right Now?
CyberArk Software Ltd. is a cybersecurity company that has seen significant growth due to increasing internet use and the subsequent rise in cyber threats. The company recently acquired machine identity management company Venafi for $1.5 billion. CyberArks recurring revenue grew by 36% annually during Q4 2023 and continued the trend in Q1 2024 with 34% growth. The company is also benefiting from new SEC rules requiring businesses to promptly report cybersecurity breaches and the growing need for multi-factor authentication among identity management. Despite high interest rates impacting the finance industry, CyberArk has managed to post returns and increase its revenue.
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Heard on the Street: CrowdStrike’s Aftermath Brings More Uncertainty
CrowdStrike, a cybersecurity technology company, has seen a drop in its market value. Despite this, many of its supporters on Wall Street remain unphased. The companys shares were down about 1.6% late Tuesday afternoon, ahead of the companys fiscal fourth-quarter report. The severity of the incident has not yet deterred most of CrowdStrike’s fans on Wall Street.
growth-positive for The Progressive Corporation, Okta, CyberArk Software, Zscaler; growth-negative for Kohls Corporation, CrowdStrike
The Progressive and Kohl's have been highlighted as Zacks Bull and Bear of the Day
The article discusses the stock performance of several companies. The Progressive Corporation is highlighted for its strong growth outlook and discounted valuation, making it an appealing choice for investors. On the other hand, Kohls Corporation is facing challenges due to declining sales and an unjustifiably high valuation. CrowdStrikes reputation and brand value have been significantly impacted due to a faulty Falcon update that resulted in a global IT outage. The article also mentions Okta, CyberArk Software, and Zscaler as better investment options than CrowdStrike due to their strong growth prospects.
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CyberArk (CYBR) Stock Moves -0.49%: What You Should Know
CyberArks stock ended at $256.86, a -0.49% adjustment from its last days close. The companys earnings report is expected on August 8, 2024, with an EPS of $0.41, indicating a 1266.67% growth compared to the equivalent quarter last year. The Zacks Consensus Estimates suggest analysts are expecting earnings of $2.04 per share and revenue of $935.16 million for the full year. CyberArk currently possesses a Zacks Rank of #2 (Buy). The companys Forward P/E ratio is 126.53, a premium compared to its industrys average Forward P/E of 28.26.
Public Trading
DPD Czech Reduces Third-Party Access Risk in Record Time With CyberArk
Get Your Money Out of These 3 Cybersecurity Stocks Before the End of July
The article discusses the potential risks associated with investing in three cybersecurity companies: CrowdStrike, Fortinet, and CyberArk. Despite the cybersecurity markets expected growth, these companies show signs of weakness that could lead to significant declines in their stock prices. CrowdStrikes recent technical glitch raised concerns about its software reliability. Fortinets declining sales of its firewall products and decelerating revenue growth are causing concern. CyberArk faces intense competition and market saturation, and its high stock valuation is hard to justify. The article suggests that investors consider divesting from these stocks to avoid potential losses.
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Forget CrowdStrike (CRWD), 3 Solid Security Stocks to Buy Right Now
CrowdStrikes Falcon platform experienced a global IT outage on July 19 due to a faulty update, causing the companys shares to drop 11% on the same day. The outage, which affected 8.5 million Windows machines, is expected to result in losses between $400 million and $1.5 billion. The incident has significantly damaged CrowdStrikes reputation and brand value, and may lead to a loss of customers. Since the incident, CrowdStrikes shares have declined more than 15%. The company is taking corrective measures, including enhanced software testing procedures and third-party validation exercises.
Customers
Are Hedge Funds Bullish on CyberArk Software Ltd. (CYBR) Right Now?
The article discusses the potential growth of CyberArk Software Ltd., a company that uses AI to protect businesses from identity theft and security breaches. The company is currently valued at 17x its annual recurring revenue, which recently sat at $622 million. It has also grown revenue by an average of 17% over the past five years. However, the article cautions that the high multiples can leave the stock volatile in the future as the fundamentals will take some time to catch up with market expectations.
Investment
Here's Why CyberArk (CYBR) Fell More Than Broader Market
CyberArks stock closed at $259.63, a 0.83% decrease from its previous days close. Despite this, the companys stock has gained 2.05% over the past month, outperforming the Computer and Technology sector. Analysts and investors are eagerly awaiting CyberArks upcoming earnings report, set to be released on August 8, 2024. The companys projected EPS is $0.41, a 1266.67% increase from the same quarter last year. Revenue is forecasted to be $219.26 million, a 24.69% growth from the corresponding quarter of the previous year. For the full year, earnings are projected to be $2.04 per share and revenue $935.16 million.
Investment
Is FormFactor (FORM) Stock Outpacing Its Computer and Technology Peers This Year?
FormFactor (FORM) is outperforming its peers in the Computer and Technology sector, according to Zacks Investment Research. The companys year-to-date performance has seen a 37% increase, compared to the sectors average return of 22.1%. FormFactors full-year earnings estimate has also increased by 15% over the past three months, indicating a strong earnings outlook. Another company, CyberArk (CYBR), has also outperformed the sector with a year-to-date return of 22.2%. Both companies are recommended for investors interested in the Computer and Technology sector.
Investment
Zacks Investment Ideas feature highlights: CyberArk, LendingTree and American Public Education
Zacks Investment Ideas has highlighted three stocks - CyberArk Software, LendingTree, and American Public Education - as having positive momentum and being well-positioned for growth. All three companies have seen positive price action recently and have favorable Zacks Ranks, reflecting upward-trending earnings estimate revisions. CyberArk Software, a global leader in identity security, is enjoying a big growth phase with earnings estimate revisions for its current fiscal year up 67% to $2.04 per share. LendingTree, an online financial services marketplace, has seen analysts raise their earnings expectations across all timeframes. American Public Education, an online provider of higher education, has a growth profile that cant be ignored with consensus expectations alluding to 125% EPS growth on 4% higher sales in its current fiscal year.
Investment
3 Cybersecurity Stocks That Could Be Multibaggers in the Making: July Edition
The article discusses the increasing threat of cyber attacks and the opportunities this presents for cybersecurity stocks. It mentions recent cyber attacks on AT&T and Rite Aid, and the rising cost of cybercrime, projected to reach $10.5 trillion by 2025. The article highlights three cybersecurity stocks - Palo Alto Networks, Zscaler, and CyberArk Software - as strong buys. It discusses recent earnings and analyst ratings for these companies, and mentions Zscalers new AI Data Protection Platform.
Customers
Ride Bullish Momentum with These 3 Stocks
Momentum investors are focusing on three stocks - CyberArk Software, LendingTree, and American Public Education - due to their positive price action and upward-trending earnings estimate revisions. CyberArk is experiencing significant growth, with earnings estimates for the current fiscal year up 67%. LendingTree has seen its shares rise following better-than-expected quarterly results and a raised full-year 2024 outlook. American Public Educations growth profile is also notable, with consensus expectations suggesting 125% EPS growth on 4% higher sales in its current fiscal year.
Investment
Rise Bullish Momentum with These 3 Stocks
Momentum investors are focusing on three stocks - CyberArk Software, LendingTree, and American Public Education - due to their positive price action and upward-trending earnings estimate revisions. CyberArk Software, a global leader in identity security, has seen a bullish trend in earnings estimate revisions for its current fiscal year. LendingTree, an online financial services marketplace, has raised its full-year 2024 outlook following better-than-expected quarterly results. American Public Education, an online provider of higher education, is expected to see 125% EPS growth on 4% higher sales in its current fiscal year.
Investment
Nearly all Hong Kong companies vulnerable to identity, deepfake attacks, survey finds
According to a report by CyberArk, nearly every Hong Kong company surveyed has been a victim of identity-related breaches such as phishing and deepfake attacks in the past year. The report showed that 98 out of 100 Hong Kong companies surveyed admitted to facing such breaches in their systems, compared with 93 per cent globally. Risks related to identity-related breaches are increasing along with the adoption of cloud services and artificial intelligence. CyberArks district manager for Hong Kong and Macau, Sandy Lau, emphasized the need for a holistic cybersecurity strategy to secure both human and machine identities to effectively defend against cyberattacks.
Customers
CyberArk (CYBR) Gains But Lags Market: What You Should Know
CyberArks stock price reached $269.91, marking a 0.26% increase from the previous day. Over the past month, the companys stock has risen by 6.92%, outperforming the Computer and Technology sectors gain of 5.73% and the S&P 500s gain of 4.28%. The company is set to release its earnings report on August 8, 2024, with an expected EPS of $0.41, a 1266.67% increase from the previous year. The companys revenue is expected to be $219.26 million, a 24.69% increase from the previous year. CyberArk currently has a Zacks Rank of #1 (Strong Buy).
Investment
3 Wall Street Sweetheart Stocks Poised for More Gains
The article discusses the potential for growth in three companies: Walmart, CyberArk Software, and Darden Restaurants. Walmarts growth is driven by its e-commerce business, which saw a 21% increase in global sales. CyberArk Software, a provider of identity security solutions, is expanding its footprint in the cybersecurity market and recently acquired machine identity specialist Venafi. Darden Restaurants, the parent company of Olive Garden and Longhorn Steakhouse, saw an 8.6% increase in sales for the full fiscal year 2024, driven by the addition of new restaurants.
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DCB Bank Delivers Secure Services to Customers With CyberArk
CyberArk (CYBR) Stock Dips While Market Gains: Key Facts
CyberArks stock closed at $269.79, a 1.32% decrease from the previous day. Despite this, the companys stock has risen by 8.29% in the past month. Analysts and investors are closely watching CyberArks performance ahead of its upcoming earnings disclosure on August 8, 2024. The companys EPS is projected at $0.41, a 1266.67% increase from the same quarter of the previous year. The Zacks Consensus Estimates forecast earnings of $2.04 per share and revenue of $935.16 million for the entire year. CyberArk currently holds a Zacks Rank #1 (Strong Buy) and a Forward P/E ratio of 134.01.
Investment
TRMB, CYBR, HUBS: Which “Strong Buy” Tech Stock Is Best?
The article discusses the potential growth of three tech companies - Trimble, CyberArk Software, and Hubspot. Trimble, a geospatial tech firm, is launching new products that could drive long-term growth. CyberArk Software, a cybersecurity firm, is a market leader in the Identity and Access Management market, which is expected to grow at a CAGR of 15% until 2032. Hubspot, a software firm for small and medium-sized businesses, is a potential takeover target for Alphabet and other bidders. All three companies are rated as Strong Buy by analysts.
Investment
CyberArk to Announce Second Quarter 2024 Financial Results on August 8
Top Stock Picks for Week of July 8, 2024
CyberArk Software Ltd. and The Gap, Inc. have both seen positive growth in recent times. CyberArk is benefiting from the rising demand for cyber security and privileged access security solutions, with a strong presence across various sectors. The companys shift towards software-as-a-service and subscription-based solutions is driving top-line growth. The Gap, Inc. has outperformed the industry in the past six months, with cost-control efforts aiding margins. Both companies have seen their shares jump due to impressive financial performance.
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Here's Why CyberArk (CYBR) is a Promising Portfolio Pick Now
CyberArks shares have seen a 23.8% increase in the year-to-date period, largely due to impressive financial performance over consecutive quarters. The companys strong fundamentals and leading position in the cyber security market have bolstered investor confidence. CyberArk has consistently beaten earnings estimates, and has a high long-term earnings growth expectation. The companys products are in high demand as businesses seek to combat data breaches and implement stringent security measures. CyberArk has also made strategic acquisitions, such as C3M and IDaptive Holdings, to drive growth and expand its product portfolio.
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7 Cybersecurity Stocks Set to Double on $1 Trillion Industry Growth
The global cybersecurity market, valued at $222.66 billion last year, is expected to grow at a CAGR of 12.3% by 2030, potentially reaching a valuation of $500.7 billion. This growth is driven by the increasing need for robust defensive mechanisms against digital threats. Companies like Palo Alto Networks, Fortinet, Zscaler, Okta, CyberArk Software, Rapid7, and Gen Digital are poised to benefit from this growth. These companies offer a range of cybersecurity solutions, including network security, cloud security, endpoint protection, identity security, and threat intelligence protocols.
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AI Spurs Demand For CrowdStrike, Palo Alto And This Cybersecurity Stock
CyberArk, a cybersecurity firm, has joined CrowdStrike and Palo Alto on a list of new buys by top funds. The companys stock is nearing an entry point, indicating a potential increase in investment.
Investment
Will the Booming Demand Environment Lift CyberArk Software (CYBR)?
Next Century Growth Investors, LLC, an investment management company, has released its first-quarter 2024 investor letter detailing its Small Cap Strategy. The company reported gains from most sectors, except technology, and a return of 9.35% (net of fees) in the quarter. The letter highlighted stocks like CyberArk Software Ltd., a leading identity security platform, which saw a one-month return of 17.61% and a 74.30% gain over the last 52 weeks. As of July 1, 2024, CyberArks stock closed at $269.67 per share with a market capitalization of $11.635 billion.
Investment
CyberArk Publishes Fourth Annual Environmental, Social and Governance Report
CyberArk Software Ltd. (CYBR) Shares Rose 21% in Q1: Here’s Why
The 3 Smartest Cybersecurity Stocks to Buy With $5,000 Right Now
The article discusses the recent cyber attack on CDK Global, a company that provides software for sales management to U.S. auto dealers. The attack has disrupted around 15,000 car sellers that depend on CDKs software. However, this situation is seen as a positive development for cybersecurity stocks. Palo Alto Networks, Rapid7, and CyberArk Software are highlighted as top cybersecurity stocks to buy. Palo Alto Networks has seen its stock price rise following the attack on CDK, while Rapid7 has gained momentum with its new AI capabilities. CyberArk Software has also seen solid earnings and is expected to push higher with growing cybersecurity threats.
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CyberArk (CYBR) Increases Yet Falls Behind Market: What Investors Need to Know
CyberArks shares closed at $262.79, a 0.02% increase from the previous day, lagging behind the S&P 500s daily gain of 0.16%. Over the past month, the companys shares have increased by 10.57%, surpassing the Computer and Technology sectors gain of 5.94% and the S&P 500s gain of 3.22%. Analysts expect CyberArk to post earnings of $0.41 per share in the upcoming earnings release, marking a year-over-year growth of 1266.67%. The company is currently traded at a Forward P/E ratio of 128.8, a premium relative to the industrys average Forward P/E of 26.64.
Public Trading
CyberArk Software And Two Additional Stocks That May Be Trading Below Their Estimated Value On US Exchanges
The article discusses the potential investment opportunities in undervalued stocks based on cash flows in the United States. It highlights three companies - CyberArk Software Ltd., Zscaler, Inc., and Estée Lauder Companies Inc. - that are trading below their estimated fair value, indicating potential undervaluation. CyberArk Software, despite recent shareholder dilution, shows promise based on its cash flows and market position. Zscaler, recently buoyed by strategic partnerships and product innovations, is trading below its estimated fair value. Estée Lauder, despite challenges such as high debt levels and significant insider selling recently, is expected to see substantial earnings growth.
Investment
CyberArk Introduces ‘Fearlessly Forward’ Customer Video Series that Explores the Human Connections Behind Cybersecurity
Cybersecurity Stocks To Watch Amid Shift To AI, Cloud
The article discusses the performance of cybersecurity stocks, particularly highlighting the growth of CrowdStrike, which has seen a 49% increase in 2024. The overall cybersecurity stocks group has dipped by 1.5%, but CrowdStrikes performance stands out. The IBD Computer Software-Security group ranks 75 out of 197 industry groups.
Public Trading
Wall Street Favorites: 3 Cybersecurity Stocks With Strong Buy Ratings for June 2024
The article discusses the increasing importance of investing in cybersecurity stocks, as cyber attacks are becoming more sophisticated and could cost $9.5 trillion globally in 2024. It highlights the growth and investment opportunities in companies like CrowdStrike, CyberArk Software, Zscaler, and Palo Alto Networks. CyberArk Software is acquiring machine identity management pioneer Venafi for $1.54 billion to strengthen its identity security platform. Zscaler is working with Google to improve zero-trust security. Palo Alto Networks is using AI and machine learning in its cybersecurity products to identify and respond to threats.
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3 Tech Giants Ready for a 300% Leap by 2026
The article discusses the growth potential of three tech companies: Super Micro Computer, CyberArk, and Okta. Super Micro Computer specializes in advanced server technology and green computing solutions, with a focus on AI GPU platforms. CyberArk is a leader in privileged access security, securing human and machine identities across hybrid and multi-cloud environments. Okta is a prominent identity and access management solutions player. All three companies are expected to drive market interest through 2024, with their innovations in AI, cybersecurity, and identity management redefining industries and securing significant investor interest.
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CyberArk (CYBR) Gains As Market Dips: What You Should Know
CyberArks stock ended at $256.56 in the latest trading session, marking a 0.59% increase from its last days close. The companys stock has risen by 4.31% in the past month. The investment community is closely watching CyberArks performance in its upcoming earnings report. The companys earnings per share (EPS) are expected to be $0.41, reflecting a 1266.67% increase from the same quarter last year. The Zacks Consensus Estimates forecast earnings of $2.04 per share and revenue of $935.16 million for the entire year, indicating changes of +82.14% and +24.38%, respectively, compared to the previous year.
Investment
IIFL Group Secures Developer Access To Sensitive Data and Applications With CyberArk
CyberArk Announces 2024 Identity Security Impact Customer Award Winners
Here’s Why Wasatch Micro Cap Growth—U.S. Strategy Sold CyberArk Software Ltd. (CYBR)
Wasatch Global Investors released its Q1 2024 investor letter, highlighting the performance of its Micro Cap Growth—U.S. Strategy. The strategy saw a double-digit gain, outperforming the Russell Microcap Growth Index benchmark. The letter highlighted stocks like CyberArk Software Ltd., a provider of digital-security solutions. Wasatch stated that it sold a handful of positions, including CyberArk, as the companys size had increased beyond their typical market-cap range. CyberArks shares gained 69.64% of their value over the last 52 weeks, closing at $253.65 per share on June 17, 2024, with a market capitalization of $10.944 billion.
InvestmentManagement Changes
3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
The article discusses the growth potential of three cybersecurity companies: CyberArk Software, Fortinet, and CrowdStrike. CyberArk Software reported a 27.1% YoY revenue increase to $751.9 million in 2023 and recently acquired Venafi for $1.54 billion. Fortinet reported a 20.1% YoY revenue increase to $5.3 billion last year and has returned cash to shareholders via share buybacks. CrowdStrike reported a 36.3% YoY revenue increase to $3.1 billion for fiscal 2024 and has formed partnerships with Ignition Technology and Google Cloud to further its growth.
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CyberArk (CYBR) Expands Customer Base With Coca-Cola HBC
CyberArk Software Ltd. has seen a 15.2% increase in stock price this year, outperforming the Zacks IT Services industry’s growth of 4.6%. This is largely due to the companys focus on expanding its customer base, with recent additions including Coca-Cola Hellenic Bottling Company, Heng Leong Hang, and Indiana University Health. CyberArks solutions are based on identity security solutions, privileged access, cloud security and mitigation of sophisticated attacks using artificial intelligence. The companys growing customer base has resulted in a 37% year-over-year increase in revenues for Q1 2024.
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Coca-Cola Hellenic Bottling Company Selects CyberArk for Identity Security
Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio
CyberArk Software Ltd., an IT security solutions provider, has been identified as a potential buy for momentum investors by Zacks Investment Research. The company, which partners with over 5,400 global businesses, including more than half of the Fortune 500 and over 35% of Global 2000 companies, has seen its stock rise by 5.4% and 1.9% over the past one-week and four-week periods respectively. Over the past year, the stock has gained 58.2%. The companys earnings estimate for fiscal 2024 has been revised upwards by 13 analysts in the last 60 days.
Customers
The 3 Most Undervalued Cybersecurity Stocks to Buy in June 2024
The article discusses the increasing threat of cyberattacks and the investment opportunities it presents in undervalued cybersecurity stocks. It highlights three companies - Palo Alto Networks, Zscaler, and CyberArk Software - as potential investment options. The article provides details about the recent earnings and future expectations of these companies. It also mentions the recent cyberattacks on England’s National Health Service and Ticketmaster, emphasizing the growing need for robust cybersecurity solutions.
Investment
Retirement Rockets: 3 Growth Stocks to Propel Your Savings to New Heights
The article discusses three companies, Uber, CyberArk Software, and Intuit, as potential growth stocks for retirement savings. Uber, known for its ride-sharing and food delivery services, is expected to remain relevant due to the increasing demand for travel and its expansion into the transportation and logistics sector. CyberArk Software, a provider of software-based identity security solutions, is considered a good investment despite economic headwinds as the cost of data breaches rises. Intuit, a provider of financial management and compliance products, is seen as risky due to the IRSs decision to make its direct income tax filing program permanent. However, the growth of the gig economy could provide a lifeline for Intuit.
CustomersInvestment
Disappointed in Okta? This Cybersecurity Stock Is a Better Buy
CyberArk Software is acquiring Venafi, a cybersecurity company, from private equity software specialist Thoma Bravo for $1.5 billion. The deal includes $1 billion in cash and $540 million of new CyberArk stock, making Thoma Bravo a significant CyberArk shareholder. The acquisition will bolster CyberArks market share in the identity access and privileged access management (IAM and PAM) sector, where it competes with Okta. Venafi, which had a revenue of $150 million and is profitable, will add to CyberArks revenue and profit margins.
AcquisitionInvestment
Hack-Proof Profits: 3 Cream-of-the-Crop Cybersecurity Stocks to Buy Now
The article discusses the growth potential of cybersecurity stocks, particularly Palo Alto Networks, CyberArk Software, and Fortinet. It highlights the increasing demand for cybersecurity solutions due to the rise in digital threats. Palo Alto Networks, based in Santa Clara, California, is noted for its robust financials and consistent growth. CyberArk Software, based in Israel, is expected to see sustained long-term demand due to increasing vulnerability to data breaches. Fortinet, based in Sunnyvale, California, is recognized for its consistency, despite not performing as well as other cybersecurity stocks.
Investment
3 Cybersecurity Stocks That Could Be Millionaire-Makers: May Edition
The article discusses the increasing threat of cyberattacks and the opportunities this presents for cybersecurity stocks. It mentions Change Healthcare, which is still recovering from a major cyberattack. It also highlights Radware, Palo Alto Networks, and CyberArk as top cybersecurity stocks to invest in. Radware recently launched an AI-powered Domain Name Service (DNS) Distributed Denial-of-Service (DDoS) attack protection solution. Palo Alto Networks and IBM have partnered to develop AI-powered security solutions. CyberArk recently acquired Venafi from Thoma Bravo for $1.54 billion.
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Here is What to Know Beyond Why CyberArk Software Ltd. (CYBR) is a Trending Stock
CyberArks stock has been trending on Zacks.com, with shares returning +2.4% over the past month. The companys earnings estimates have been revised upwards, with the consensus for the current quarter at $0.40 per share, a change of +1,233.3% from the year-ago quarter. The consensus sales estimate for the current quarter is $219.26 million, a year-over-year change of +24.7%. The companys valuation is considered to be at a premium compared to its peers. Despite the market buzz, CyberArks Zacks Rank #3 suggests it may perform in line with the broader market in the near term.
Investment
CyberArk Supercharges Identity Security Platform with CyberArk® CORA™ AI
CyberArk (CYBR) Buys Venafi to Fortify Machine Identity Security
CyberArk Software Ltd. has agreed to acquire machine identity management leader Venafi from private equity firm Thoma Bravo in a cash-stock deal worth $1.54 billion. The deal, which has been approved by both companies boards, is expected to close in the second half of 2024. CyberArk plans to merge Venafis machine identity management capabilities with its own identity security solutions, creating a comprehensive platform for enterprise-scale machine identity security. The acquisition is expected to expand CyberArks total addressable market by nearly $10 billion, bringing it to approximately $60 billion.
AcquisitionInvestment
CyberArk Extends Identity Security Platform with New Capabilities for Securing Every User
CyberArk makes bold move with $1.54 billion acquisition of Venafi | CTech
CyberArk, an Israeli cybersecurity company, has announced its acquisition of Venafi, a machine identity management firm, from equity firm Thoma Bravo. The deal, valued at approximately $1.54 billion, is expected to close in the second half of 2024. The acquisition will combine Venafi’s machine identity management capabilities with CyberArk’s identity security capabilities, aiming to establish a unified platform for end-to-end machine identity security at an enterprise scale. Venafi is expected to add around $150 million in annual recurring revenue and will immediately contribute to CyberArks margins.
Acquisition
CyberArk Strikes $1.54 Billion Cash-Stock Deal to Buy Venafi
CyberArk has struck a deal to acquire Venafi for $1.54 billion in a cash-stock deal. The news was reported by PremiumMT Newswires on May 20, 2024.
Acquisition
CyberArk Previews IMPACT 24: The Identity Security Conference
Is Trending Stock CyberArk Software Ltd. (CYBR) a Buy Now?
CyberArks shares have seen a decrease of 9.1% over the past month, compared to the Zacks S&P 500 composites 0.4% change. The company is expected to post earnings of $0.30 per share for the current quarter, a year-over-year change of +900%. The consensus sales estimate for the current quarter is $219.15 million, a year-over-year change of +24.6%. Despite these positive projections, the companys Zacks Rank is #3 (Hold), suggesting it may perform in line with the broader market in the near term.
Investment
FM Logistic Chooses the CyberArk Identity Security Platform to Secure Its Digital Transformation and Help Bolster Supply Chain Resilience
The 3 Best Nasdaq Stocks to Buy in May 2024
The article discusses the potential growth of three Nasdaq stocks: CyberArk Software, ACM Research, and Rhythm Pharmaceuticals. CyberArk Software, an Israeli company that develops identity security solutions, has seen a revenue growth rate of 14.5% over the past three years. ACM Research, a California-based company that develops single-wafer wet cleaning equipment for integrated chips, has a three-year revenue growth rate of 51.7%. Rhythm Pharmaceuticals, a Boston-based biopharmaceutical company focusing on rare neuroendocrine diseases, is expected to see a significant increase in revenue in fiscal 2024.
Investment
CyberArk Software First Quarter 2024 Earnings: Beats Expectations
CyberArk Software reported a revenue of US$221.6m, up 37% from Q1 2023, and a net income of US$5.47m, up from a loss of US$35.0m in the same period last year. The companys profit margin was 2.5%, driven by higher revenue. EPS was US$0.13, up from a loss of US$0.85 in Q1 2023. Revenue and earnings per share exceeded analyst estimates. The companys shares are down 4.7% from a week ago.
Customers
CyberArk Software Ltd. (NASDAQ:CYBR) Q1 2024 Earnings Call Transcript
CyberArk Software Ltd. reported strong financial results for the first quarter of 2024. The companys subscription ARR reached $621 million, growing 54% year-over-year, and total ARR reached $811 million, growing 34% year-over-year. The companys total revenue growth accelerated to 37%, reaching approximately $222 million. CyberArks non-GAAP operating income was $33 million, a significant improvement from a loss of $12.6 million in the first quarter of 2023. The company also reported $67 million in free cash flow for the quarter, significantly up from $4 million in Q1 of last year. The companys strong results have given it the confidence to raise its guidance for the full year 2024.
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CyberArk (CYBR) Crushes Q1 Earnings & Revenue Estimates
CyberArk Software Ltd. reported better-than-expected results for Q1 2024, exceeding managements expectations across all guided metrics. The company reported non-GAAP earnings of 75 cents per share, surpassing the Zacks Consensus Estimate of 27 cents. Revenues increased 37% YoY to $221.6 million, with 93% of quarterly revenues being recurring in nature. The companys non-GAAP gross profit increased 41.3% YoY to $185.7 million. Following the strong Q1 performance, CyberArk raised its guidance for full-year 2024.
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CyberArk Software Swings to Q1 Net Income as Revenue Rises; Q2 Guidance Issued, 2024 Outlook Lifted
The article reports on the financial performance of CyberArk Software. The company has swung to Q1 net income as its revenue rises. It has also issued its Q2 guidance and lifted its outlook for 2024. The news comes as the US economy adds 175,000 jobs in April, a figure lower than expected.
Customers
CyberArk (CYBR) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
CyberArk reported a revenue of $221.55 million for the quarter ended March 2024, a 37% increase from the same period last year. The EPS was $0.75, compared to -$0.17 in the year-ago quarter. The reported revenue was a surprise of +3.81% over the Zacks Consensus Estimate of $213.42 million. The companys total Annual Recurring Revenue (ARR) was $811 million, while the Maintenance ARR was $190 million and the Subscription ARR was $621 million. The companys stock has returned -9.6% over the past month.
Customers
CyberArk (CYBR) Q1 Earnings and Revenues Top Estimates
CyberArk reported quarterly earnings of $0.75 per share, surpassing the Zacks Consensus Estimate of $0.27 per share. This is a significant improvement from a loss of $0.17 per share a year ago. The company, which makes software that detects attacks on privileged accounts, posted revenues of $221.55 million for the quarter ended March 2024, surpassing the Zacks Consensus Estimate by 3.81%. This compares to year-ago revenues of $161.71 million. CyberArk shares have added about 8.3% since the beginning of the year.
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CyberArk Announces Strong First Quarter 2024 Results
CyberArk Earns New SOC 2 Type 2, SOC 3 Certifications for Identity Security Platform
Ahead of CyberArk (CYBR) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
CyberArk is expected to report quarterly earnings of $0.27 per share, a 258.8% increase compared to the same period last year. Analysts forecast revenues of $213.42 million, a 32% increase year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Analysts projections indicate a decrease in Revenues- Maintenance and professional services and Revenues- Perpetual license but a significant increase in Revenues- Subscription. Despite a -8.7% change in CyberArk shares in the past month, the company, with a Zacks Rank #1 (Strong Buy), is expected to outperform the overall market performance in the near term.
Investment
Should CyberArk (CYBR) be in Your Portfolio Before Q1 Earnings?
CyberArk Software Ltd. is set to report its first-quarter 2024 results on May 2. The companys stock has outperformed the Zacks Computer – IT Services industry in the year-to-date period, rising 10.8%. CyberArks earnings have surpassed the Zacks Consensus Estimate in each of the trailing four quarters. The company projects revenues in the $209-$215 million band and non-GAAP earnings per share in the 21-31 cents band for the first quarter of 2024. Despite uncertain macroeconomic conditions and a tepid IT spending environment, CyberArk has shown resilience and remains a dominant player in the identity security solution space.
Customers
CyberArk (CYBR) Stock Sinks As Market Gains: Here's Why
CyberArks stock closed at $242.60, a 1.01% decrease from the previous day. This underperformed the S&P 500s daily gain of 1.02%. Over the past month, the companys shares have lost 7.74%, lagging behind the Computer and Technology sectors loss of 5.32% and the S&P 500s loss of 3.15%. The companys upcoming earnings report is expected on May 2, 2024, with projected earnings per share of $0.27, a 258.82% increase from the same quarter last year. Revenue is anticipated to be $213.42 million, a 31.98% increase from the same quarter last year. CyberArk currently has a Zacks Rank of #1 (Strong Buy).
Investment
Is Most-Watched Stock CyberArk Software Ltd. (CYBR) Worth Betting on Now?
CyberArks stock has been trending on Zacks.com due to its performance and potential future direction. Despite a -7.7% return over the past month, the companys earnings estimate revisions and projected revenue growth suggest a positive outlook. CyberArk is expected to post earnings of $0.27 per share for the current quarter, a year-over-year change of +258.8%. The consensus sales estimate of $213.42 million for the current quarter points to a year-over-year change of +32%. The companys valuation is considered premium compared to its peers, and it has a Zacks Rank #1 (Strong Buy), indicating it may outperform the broader market in the near term.
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CyberArk Software's Identity Security Remains an Enterprise Focus Area, UBS Says
The article discusses CyberArk Softwares focus on identity security in the enterprise sector. UBS has commented on this focus, but the article requires a subscription to access more detailed information.
Customers
Are Computer and Technology Stocks Lagging CyberArk Software (CYBR) This Year?
CyberArks stock is outperforming its peers in the Computer and Technology sector, according to Zacks Investment Research. The companys full-year earnings estimate has increased by 16% over the past 90 days, indicating improving analyst sentiment and a positive earnings outlook. So far this year, CyberArks stock has returned 9.6%, compared to an average return of 8% for the sector. The company is currently ranked #1 (Strong Buy) by Zacks.
Investment
CyberArk (CYBR) Laps the Stock Market: Here's Why
CyberArks stock closed at $244.53, marking a 1.84% increase from the previous day, outpacing the S&P 500s 0.02% gain. Despite losing 8.87% over the past month, the company is expected to report significant year-over-year growth in its upcoming earnings release on May 2, 2024. The consensus estimate expects the revenue to be $213.42 million, a 31.98% increase compared to the previous year. Full-year estimates predict earnings of $1.76 per share and revenue of $926.39 million, representing year-over-year changes of +57.14% and +23.21%, respectively. CyberArk currently holds a Zacks Rank of #1 (Strong Buy).
Investment
CyberArk (CYBR) Begins Hosting Its Security Platform From UAE
CyberArk has begun hosting its Identity Security Platform services from a data center in the UAE. The move is designed to support a secure digital ecosystem in the UAE and protect the data sovereignty needs of key industries in the region. CyberArks services will assist UAE customers, including government entities and large companies in finance, telecom, and energy, as well as cloud-based firms. The locally-hosted arrangements will allow organizations to manage, process, and store data within the UAE, helping them meet local cybersecurity regulations.
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CyberArk Launches UAE-Hosted Identity Security Platform to Help Secure Identities and Meet Data Sovereignty Requirements
CyberArk Software (NASDAQ:CYBR) shareholders are still up 83% over 5 years despite pulling back 5.9% in the past week
CyberArk Software Ltd. has seen a 13% decrease in share price over the last month, causing concern among shareholders. Despite this, the companys returns over the last five years have been respectable, with the share price up 83% in that time. The company has lost US$623m from its market cap this week. CyberArk Software has seen its revenue grow at 13% per year over the last 5 years. The CEO is paid less than the median at similar sized companies.
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3 Tech Stocks to Buy Now: Q2 Edition
The article discusses three tech stocks that are considered good buys in the current market. These include CyberArk Software, a company that develops, markets, and sells software-based identity security solutions; Wix, a web development platform; and Marvell, a provider of data infrastructure semiconductor solutions. Despite the current premium of these stocks being high, they are considered a good investment due to their potential for growth. CyberArk is expected to hit sales of $927.3 million for the current fiscal year, a 23.3% increase from last year. Wix is expected to benefit from the burgeoning gig economy, and Marvell, despite some uncertainty about its fiscal 2025 growth, is still rated a strong buy by analysts.
Investment
CyberArk (CYBR) Declines More Than Market: Some Information for Investors
CyberArks stock closed at $235.98, a 1.66% decrease from the previous session, underperforming the S&P 500, Dow, and Nasdaq. Over the past month, the companys shares have depreciated by 8.36%. Analysts expect CyberArk to post earnings of $0.27 per share in its upcoming release, marking a year-over-year growth of 258.82%. The Zacks Consensus Estimate for revenue is projecting net sales of $213.29 million, up 31.9% from the year-ago period. For the full year, analysts are expecting earnings of $1.76 per share and revenue of $926.39 million.
Investment
Bull of the Day: CyberArk Software (CYBR)
CyberArk Software has reported strong growth in its Q4 results, with a 72% EPS beat. The companys stock has surged 20% post-earnings, pushing its market capitalization over $11 billion. The companys outlook continues to rise, with current consensus projections indicating significant growth in sales and profits. CyberArks recurring revenues, subscriptions, and margins are driving its profitability. The companys Q4 revenues increased 32% YoY to $223.1 million, with over 90% of these revenues being recurring. The companys Annual Recurring Revenues (ARR) increased 36% to $774 million, driven by a record number of software-as-a-service solution bookings and strong demand for on-premise subscription offerings.
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growth-positive for CyberArk Software, growth-negative for Manitowoc Company and Tesla
CyberArk and Manitowoc have been highlighted as Zacks Bull and Bear of the Day
This article discusses the growth of CyberArk Software, a leader in end-to-end identity security and continuous cyber threat detection, and the decline of Manitowoc Company, a global provider of crane-based lifting solutions. CyberArks strong growth outlook is highlighted, with its recurring revenues, subscriptions, and margins driving profitability. On the other hand, Manitowoc Company is experiencing an earnings decline. The article also mentions Teslas decision to cut its global headcount by 10% due to shrinking EV sales worldwide and intensified competition. General Motors and Ford are suggested as better investment options in the auto space.
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Here's Why Investors Should Buy CyberArk (CYBR) Stock Now
CyberArk Software Ltd.s shares have seen a 13.4% increase in the year-to-date period, driven by strong performance and solid fundamentals. The companys earnings have consistently outpaced estimates, with an average surprise of 76.26%. The companys cyber security products are in high demand due to increasing data breaches and the need for better security measures. CyberArks privileged access management (PAM), enterprise password vault and privileged session manager are addressing various enterprise-level challenges, increasing its competitive edge in the market. In Q4 2023, CyberArk’s revenues increased 32% year over year to $223.1 million.
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CyberArk (CYBR) Gains But Lags Market: What You Should Know
CyberArks share price reached $253.90 in the latest market close, a 0.24% increase from the previous day. This change lagged behind the S&P 500s 0.74% gain. Over the past month, CyberArks shares have lost 3.11%. The company is set to announce its earnings on May 2, 2024, with projected earnings of $0.27 per share, representing a year-over-year growth of 258.82%. The revenue is expected to be $213.29 million, a 31.9% increase from the previous year. For the entire fiscal year, earnings are predicted to be $1.76 per share and revenue $926.39 million.
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NVIDIA (NVDA) and CyberArk Software (CYBR) Are Aggressive Growth Stocks
Brian Bolan, the aggressive growth stock strategist for Zacks Investment Research, has recommended two tech stocks for aggressive growth - Nvidia (NVDA) and CyberArk Software (CYBR). Nvidia, a key player in the AI industry, has shown significant growth over the past few quarters. CyberArk Software, although smaller than Nvidia, also has a good growth profile but a steep valuation. Both stocks are Zacks Rank #1 (Strong Buy).
Investment
CyberArk to Announce First Quarter 2024 Financial Results on May 2
Are Computer and Technology Stocks Lagging Uber Technologies (UBER) This Year?
Uber Technologies has been outperforming its peers in the Computer and Technology sector, according to Zacks Investment Research. The companys year-to-date performance has been better than the sectors average, with a return of 25.3% compared to the sectors 13.2%. The Zacks Consensus Estimate for Ubers full-year earnings has also moved 10% higher over the past three months, indicating a stronger analyst sentiment and an improving earnings outlook. Uber currently has a Zacks Rank of #1 (Strong Buy).
Investment
CyberArk's (CYBR) MSP Console Boosts Managed Security Services
CyberArk Software Ltd. has launched the CyberArk MSP Console, a tool designed for managed service providers (MSPs). The platform enhances operational efficiency and scalability for MSPs, offering a comprehensive dashboard to monitor and manage customers using the CyberArk Identity Security Platform. The console is a significant milestone in CyberArk’s commitment to empowering its network of partners, which includes more than 1,300 security-focused partners globally. The platform focuses on intelligent privilege controls, ensuring the secure access of human and machine identities across hybrid and multi-cloud environments.
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New CyberArk Managed Service Provider Console Makes It Easy for MSPs to Offer Identity Security Services at Scale
Nvidia Fails To Hold 900 As Uber Leads These Stocks To Watch
The article discusses the performance of several stocks, including Nvidia, Uber, CyberArk, and Meta. Nvidia failed to hold at 900, while Uber leads the stocks to watch. These companies, along with four other growth stocks, are setting up bases and buy zones.
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Meta Platforms, AMD Lead 10 Stocks Showing This Bullish Action
Meta Platforms and AMD are among several leading stocks finding support around the 10-week line, creating potential buying opportunities. The article suggests that this could be a bullish action for these companies.
Investment
TipRanks’ ‘Perfect 10’ List: Unveiling 2 Top Tech Stocks With the Highest Smart Score
The article discusses the strong market performance and growth potential of Marvell Technology and CyberArk Software. Marvell, a major player in the semiconductor chip industry, is gaining traction in the AI scene with its chipsets and other products. CyberArk, a tech firm specializing in software packages for identity security and access management, has seen its stock rise by almost 21% this year due to the increasing need for high-end cybersecurity. Both companies have Perfect 10 stocks according to TipRanks Smart Score, indicating a high potential for future outperformance.
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The 3 Best Nasdaq Stocks to Buy in Q2 2024
The article discusses three Nasdaq stocks that are considered good buys in Q2 2024. These include CyberArk Software, an Israel-based company that develops and sells software-based identity security solutions, Wix, a cloud-based web development platform, and Marvell Technology, a data infrastructure semiconductor solutions provider. The author highlights the growth and potential of these companies, citing their relevance in todays digital and AI-driven world. The article also provides analysts projections for each companys earnings per share and sales for fiscal 2024.
Investment
Profit from the Digital Defense Boom: 3 Cybersecurity Stocks
The article discusses the growth of the cybersecurity industry and highlights three companies to watch: CrowdStrike Holdings, CyberArk Software, and Okta, Inc. The author notes that the cybersecurity industry is set for a secular growth trajectory, with the end market expected to grow by 11.44% annually until 2029. The author also mentions that CrowdStrikes subscription revenue settled at $795.95 million, a 33% year-over-year increase, and CyberArks annual recurring revenue was $582 million, a 60% year-over-year increase. Oktas fourth-quarter results showed $605 million in revenue, a 19% year-over-year increase.
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Several Factors Pushed CyberArk Software Ltd. (CYBR) in Q4
TimesSquare Capital Management, an equity investment management company, has released its U.S. Mid Cap Growth Strategy fourth-quarter investor letter. The strategy underperformed the Russell Midcap Growth Index, returning 13.66% (gross) and 13.44% (net), while the index return was -14.55%. The letter featured stocks like CyberArk Software Ltd., a software-based security solutions provider. CyberArks stock closed at $265.63 per share on March 28, 2024, with a one-month return of 0.71% and a 52-week gain of 86.81%. The company has a market capitalization of $11.239 billion.
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Palantir downgraded, CyberArk initiated: Wall Street's top analyst calls
Monness Crespi has downgraded Palantir Technologies to Sell from Neutral with a $20 price target. The firm notes that the shares trade at an egregiously rich valuation due to the unprecedented generative AI hype cycle. Other companies mentioned in the article include Public Storage, Kimberly-Clark, U.S. Bancorp, PNC Financial, Allstate, Molina Healthcare, Bank of America, Extra Space Storage, Galapagos, CyberArk, Progress Software, TransMedics, Merus, and Solid Biosciences.
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CyberArk (CYBR) Makes Its Secure Browser Generally Available
CyberArk has announced the general availability of its Secure Browser solution, an identity-centric approach for enhanced security. The solution is designed for cloud-based operations, providing security for both SaaS applications and on-premises resources. It offers visibility, control, and governance for security teams at endpoints before and after the user logs in. The solution also facilitates swift and secure resource accessibility for all user categories, including those with heightened security concerns. It enhances operational efficiency while simplifying adherence to regulatory mandates and audit standards.
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CyberArk Launches Industry’s First Identity-Centric Secure Browser
Is There An Opportunity With CyberArk Software Ltd.'s (NASDAQ:CYBR) 26% Undervaluation?
The projected fair value for CyberArk Software is estimated to be US$364 based on a 2 Stage Free Cash Flow to Equity. The current share price of US$268 suggests that CyberArk Software is potentially 26% undervalued. The US$296 analyst price target for CYBR is 19% less than the estimate of fair value. The valuation is based on the Discounted Cash Flow (DCF) model, which takes into account two stages of growth and the present value of future cash flows. The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value of US$15b.
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CrowdStrike Peer Ramps Up 406% Growth — And New Buy Point
S&P 500 Giants Lead Five Stocks Near Buy Points With Fed's Powell A Tailwind
Dow Jones Futures: Apple Sour, But These 11 Stocks Flash Buy Signals; FedEx Soars
CYBR Stock Today: Consider This Neutral-To-Bullish Options Play On CyberArk
Cybersecurity Trends: Top 10 ETFs For Cyber Defense
Gartner predicts several significant cybersecurity trends driven by Generative AI (GenAI), unsecure employee behavior, third-party risks, continuous threat exposure, boardroom communication gaps, and identity-first security approaches. These trends include the rapid evolution of Generative AI, increasing reliance on outcome-driven metrics (ODMs) to demonstrate cybersecurity investments tangible protection levels, a shift towards behavioral change to reduce cybersecurity risks, the emphasis on resilience-oriented investments in light of third-party cybersecurity incidents, the adoption of continuous threat exposure management (CTEM) to evaluate and mitigate asset vulnerabilities, and the rising importance of an identity-first approach to security, particularly focusing on Identity and Access Management (IAM) to improve cybersecurity and business outcomes.
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CyberArk Named a Workforce Identity Platforms Leader by Independent Research Firm
12 Best Cybersecurity Stocks to Buy According to Analysts
The article discusses the role of AI in the cybersecurity industry and its potential for growth. It highlights that 61% of enterprises believe they require AI technologies to detect breach attempts and that 69% of organizations surveyed believed they could not respond to critical threats without AI. The global AI in cybersecurity market is projected to reach $46.3 billion by 2026 and $102.78 billion by 2032. This growth is expected to benefit cybersecurity companies such as SentinelOne, Inc., Palo Alto Networks, Inc., and CrowdStrike Holdings, Inc. The article also lists the 12 best cybersecurity stocks to buy according to analysts.
Investment
CyberArk Achieves FedRAMP® High Authorization
CyberArk (CYBR) to Secure Heng Leong Hang's IT Infrastructure
CyberArk Software Ltd. has announced that its Identity Security Platform has been chosen by Taiwanese retail brand, Heng Leong Hang, to protect sensitive customer and employee information. The platform will improve security across Heng Leong Hangs on-premises infrastructure, website, e-commerce and AWS cloud resource environment. The partnership will focus on employee identity authentication management and privileged access through zero trust architecture. The platform will also secure workstation endpoints, automate security processes and reduce compliance burdens. Other organizations, including Indiana University, Glasgow Caledonian University, Gamania Group and British Telecom, have also adopted CyberArk’s Identity Security Platform.
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11 Most Undervalued Cybersecurity Stocks To Buy According To Analysts
The article discusses the most undervalued cybersecurity stocks to buy according to analysts. It mentions the recent cyber attacks on UnitedHealth Group Incorporated and Microsoft Corporation, and how these incidents have increased the demand for cybersecurity products. Companies like Gen Digital Inc. and Alphabet Inc. are key players in the cybersecurity industry. The article also mentions the performance of the S&P Kensho Cyber Security Index, which is up by 35% over the past twelve months. The article lists the most undervalued cybersecurity stocks according to analysts, including CrowdStrike Holdings, Inc., Zscaler, Inc., Telos Corporation, Arqit Quantum Inc., CyberArk Software Ltd., Palo Alto Networks, Inc., Rapid7, Inc., and OneSpan Inc.
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Heng Leong Hang Implements CyberArk to Enhance Identity Security and Cybersecurity Capabilities Amidst Digital Transformation
3 Cybersecurity Stocks to Buy Following the Facebook and Instagram Outage
The recent disruptions to giants like Facebook and Instagram, which resulted in an $18 billion loss, have highlighted the need for strong cybersecurity. This has led to increased investor attention towards cybersecurity stocks, which present a dual opportunity for long-term growth and stability. The cybersecurity market is expected to reach $78.3 billion by 2024, with a compound annual growth rate of 9.8% from 2024 to 2028. Companies like CyberArk Software, CrowdStrike, and Zscaler are leading the way in providing innovative cybersecurity solutions and are expected to see significant growth in the coming years.
Investment
CyberArk’s Chris Moore Recognized as 2024 CRN® Channel Chief
Is Salesforce (CRM) Stock Outpacing Its Computer and Technology Peers This Year?
Salesforce.com is outperforming its peers in the Computer and Technology sector, with a year-to-date return of about 19.6% compared to the sectors average of 10.8%. The companys full-year earnings consensus estimate has also moved 2.5% higher over the past 90 days, indicating a stronger sentiment and improving earnings outlook. Salesforce.com currently has a Zacks Rank of #2 (Buy). Another company, CyberArk, has also outperformed the sector with a year-to-date return of 20.9%.
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12 Tech Stocks To Sell Right Now According To Cathie Wood
ARK Invest CEO Cathie Wood is adapting her investment strategy to navigate an anticipated deflationary period in 2024, focusing on innovation and technological advancements. She anticipates an aggressive rate cut by the Federal Reserve, creating an economic environment where companies adept at deflation and dedicated to innovation can experience significant expansion. Woods strategy shift includes an increased focus on companies leading in AI and technology, exemplified by her renewed interest in Meta Platforms, Inc. and CRISPR Therapeutics. Despite early-stage pricing inefficiencies and cash-burn issues, Wood sees the gene editing sector as an attractive investment opportunity.
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Protect Your Portfolio With These 3 Cybersecurity Stock Picks
The article discusses the growing demand for cybersecurity solutions due to increased cyber threats and ransomware attacks. It highlights three cybersecurity companies: CyberArk Software, CrowdStrike, and Okta. CyberArk Software saw a 36% YoY increase in annual recurring revenues (ARR) in Q4 2023 and ended the year with 55% of Fortune 500 companies as customers. CrowdStrike, despite its size, continues to deliver start-up-like growth numbers with a 35% increase in total revenue in Q3 2024. Okta, despite some execution issues, reported a 20% YoY increase in subscription revenue in Q4 2024. The article suggests these companies are well-positioned to benefit from the growing cybersecurity market.
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Is It Too Late To Consider Buying CyberArk Software Ltd. (NASDAQ:CYBR)?
CyberArk Software Ltd. has been receiving attention due to a substantial price increase on the NASDAQGS over the last few months. Despite the recent price jump, the company is yet to reach its yearly highs. The companys stock is currently undervalued, trading at $256, while the intrinsic value is $374.07, indicating a potential investment opportunity. The companys future earnings growth is projected to be relatively unexciting at 9.3%, but the current undervaluation may still make it an attractive investment.
Investment
Zacks Industry Outlook Highlights Dell, Fair Isaac and CyberArk
The article discusses the challenging macroeconomic conditions affecting the IT services industry, particularly elongating the sales cycle. However, companies like Dell Technologies, Fair Isaac and CyberArk Software are benefiting from ongoing global digitization efforts. The industry is seeing growth driven by robust spending on cloud, IoT, cybersecurity, data and analytics, AI, and automation. The industry is also benefiting from the demand for advanced IT-service infrastructure solutions for hybrid working and digital healthcare. The article also mentions that improving IT spending trends bode well for these players.
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3 IT Services Stocks to Buy From a Challenging Industry
The Zacks Computers – IT Services industry is facing challenging macroeconomic conditions that are elongating the sales cycle. However, companies like Dell Technologies, Fair Isaac and CyberArk Software are benefiting from ongoing digitization efforts globally. The industry is expected to grow due to robust spending on cloud, IoT, cyber security, data and analytics, AI and automation. The industry is also benefiting from the demand for advanced IT-service infrastructure solutions for hybrid working and digital healthcare. The industrys growth is expected to accelerate due to an increasing number of hybrid workers and improving IT spending trends.
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The Perfect Stock to Profit from Growing Cybercrime
CyberArk Software Ltd., a cybersecurity company, has reported a 32% YoY increase in its Q4 revenue to $223.1 million, beating analysts expectations. The companys earnings also surged 406.3% YoY to $0.81 per share, significantly higher than the predicted $0.47 per share. CyberArk Softwares business has been booming due to the increasing demand for cybersecurity solutions. The company has over 8,000 customers in 110 countries, including more than 55% of the Fortune 500 and over 35% of the Global 2000. For FY 2024, the company expects revenue between $920.0 million and $930.0 million and earnings per share between $1.63 and $1.81.
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Are Computer and Technology Stocks Lagging CyberArk Software (CYBR) This Year?
CyberArk is outperforming its peers in the Computer and Technology sector, according to Zacks Investment Research. The companys stock has returned 20.5% so far this year, compared to an average return of 7.7% for the sector. The Zacks Consensus Estimate for CyberArks full-year earnings has also moved 12.4% higher in the past quarter, indicating a strong earnings outlook. Another stock that has outperformed the sector is Veeco Instruments, which is up 10.1% year-to-date.
Investment
Bull of the Day: CyberArk Software (CYBR)
CyberArk Software reported a 32% YoY increase in revenues to $223.1 million in Q4 2023, surpassing the consensus mark of $209.7 million. More than 90% of the quarterly revenues were recurring, which surged 41% YoY to $201.5 million. Annual Recurring Revenues (ARR) increased 36% to $774 million, driven by a record number of software-as-a-service solution bookings and strong demand for on-premise subscription offerings. The company is a vital security partner to more than 5,400 global businesses, including over 50% of the Fortune 500 and more than 35% of the Global 2000 companies.
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CyberArk and Gartner have been highlighted as Zacks Bull and Bear of the Day
CyberArk Software has reported a 72% EPS beat for Q4, marking its fourth consecutive quarter of positive surprises. The companys shares surged 18.5% following the announcement, pushing its market capitalization to $11.5 billion. The companys outlook continues to improve, with Wall Street analysts raising their estimates for both sales and profits. The companys revenues for Q4 2023 increased 32% YoY to $223.1 million, with over 90% of these revenues being recurring in nature. The companys annual recurring revenues increased 36% to $774 million.
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CyberArk Announces 2023 Global Partner of the Year Award Winners
The 3 Best Cybersecurity Stocks to Buy in February 2024
The article discusses the increasing demand for cybersecurity solutions due to the rise in ransomware attacks. It highlights three cybersecurity companies - CyberArk Software, Fortinet, and F5 - as potential stocks to buy. CyberArk Software, a leader in privileged access management, has seen accelerating demand for its security products, with revenue growth of 32% in Q4 2023. Fortinet, which offers end-to-end protection spanning the entire digital attack surface, has seen a rebound in growth with billings growing 8.5% in the quarter. F5, a leader in application delivery controllers, has been transitioning from hardware-delivered ADCs to software-based ones using a cloud and as-a-service model, setting it up for growth opportunities in the software and application security space.
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Are You Looking for a Top Momentum Pick? Why CyberArk (CYBR) is a Great Choice
CyberArk (CYBR) is currently showing promise as a solid momentum pick. The companys shares are up 18.49% over the past week, and have gained 93.87% in the last year. The Zacks Momentum Style Score, which takes into account trends in estimate revisions and price changes, has given CyberArk a score of B. Over the past two months, 3 earnings estimates have moved higher compared to none lower for the full year, helping to boost CyberArks consensus estimate from $1.67 to $1.74 in the past 60 days.
Investment
CyberArk to Present at Upcoming Investor Conferences
צ'ק פוינט, מאחורייך: החברה שהפכה לישראלית ה-5 בגודלה בוול סטריט
CyberArk, an Israeli cybersecurity company, has reported strong financial results for Q4 2023, with revenues growing by 31.9% to $223 million, exceeding analysts expectations. The company also provided a positive forecast for 2024. CyberArk, which specialises in identity security solutions, has seen a surge in demand for its SaaS solutions. The companys stock has yielded a return of 1,658% since its IPO in 2014. CyberArk currently employs over 3,000 people globally, with around 950 in Israel, and is recruiting for 100 new positions.
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CyberArk market cap up $1.6b in two days
CyberArk Software, an Israeli cybersecurity company, has seen its market cap increase by $1.6 billion in two days to an all-time high of $11.8 billion. The company reported strong Q4 results, with revenue of $223 million, up 31.9% from the corresponding quarter of 2023. CyberArk has also entered a new market, identity management, after acquiring a US company in the field. The company is seeing record demand for its SaaS solutions and has completed a process to change its business model for selling licenses to subscription, which bring in recurring revenue. CyberArk currently has 3,000 employees worldwide and is hiring 100 new employees for its centers in Petah Tikva and Beersheva.
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CyberArk Software Ltd. (NASDAQ:CYBR) Q4 2023 Earnings Call Transcript
CyberArk Software Ltd. reported strong Q4 2023 earnings, beating expectations with a reported EPS of $0.81 against expectations of $0.47. The company also reported strong growth in its subscription business, with over 95% of bookings coming from subscriptions. The companys total annual recurring revenue (ARR) reached $774 million, growing 36% year-over-year. CyberArk also announced management changes, with Eduarda Camacho joining as Chief Operating Officer. The company signed about 340 new customers in Q4 2023.
CustomersManagement Changes
CyberArk (CYBR) Soars 8% as Q4 Earnings & Sales Crush Estimates
CyberArk Software Ltd. reported better-than-expected results for Q4 2023, with non-GAAP earnings of 81 cents per share, surpassing the Zacks Consensus Estimate of 47 cents. The companys revenues increased 32% year over year to $223.1 million, with more than 90% of quarterly revenues being recurring. The companys subscription transition has been witnessing strong momentum with a rapidly growing base of recurring revenues. CyberArk also provided guidance for Q1 and full year 2024, expecting revenues between $209 million and $215 million for Q1, and between $920-$930 million for the full year.
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CyberArk Announces Strong Fourth Quarter and Full Year 2023 Results
CyberArk (CYBR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
CyberArk reported a revenue of $223.1 million for Q4 2023, a 31.9% increase from the same period last year. The EPS was $0.81, compared to $0.16 in the year-ago quarter. The reported revenue and EPS were higher than the Zacks Consensus Estimate, resulting in a positive surprise. The companys total Annual Recurring Revenue (ARR) was $744 million, while the Maintenance ARR and Subscription ARR were $192 million and $582 million respectively. The companys stock has returned +11.1% over the past month.
Customers
Indiana University Health Strengthens Identity Security Controls with CyberArk
CyberArk (CYBR) Q4 Earnings and Revenues Beat Estimates
CyberArk reported quarterly earnings of $0.81 per share, surpassing the Zacks Consensus Estimate of $0.47 per share. This represents a significant increase from earnings of $0.16 per share a year ago. The company also posted revenues of $223.1 million for the quarter ended December 2023, surpassing the Zacks Consensus Estimate by 6.42%. This compares to year-ago revenues of $169.15 million. CyberArk shares have added about 11% since the beginning of the year.
Investment
CyberArk (CYBR) to Report Q4 Earnings: What's in the Offing?
CyberArk Software Ltd. is set to report its Q4 2023 results on February 8. The cybersecurity firm expects revenues between $206.5 million and $211.5 million, a YoY growth of 23.9%. The companys earnings are expected to surge by 193.8% from the previous year. CyberArks growth is attributed to the rising demand for cybersecurity and privileged access security solutions. The companys shift towards software-as-a-service and subscription-based solutions is also expected to drive growth. The companys Annual Recurring Revenues (ARR) is estimated at $761 million.
CustomersInvestment
Curious about CyberArk (CYBR) Q4 Performance? Explore Wall Street Estimates for Key Metrics
CyberArk is expected to post quarterly earnings of $0.47 per share in its upcoming report, indicating a year-over-year increase of 193.8%. Revenues are projected to be $209.65 million, up 23.9% from the year-ago quarter. Over the last 30 days, there has been an upward revision of 3.5% in the consensus EPS estimate for the quarter. The average prediction of analysts places Revenues- Maintenance and professional services at $65.00 million, Revenues- Perpetual license at $5.09 million, and Revenues- Subscription at $139.42 million.
Investment
CyberArk (CYBR) Reports Next Week: Wall Street Expects Earnings Growth
CyberArk is expected to report a year-over-year increase in earnings and higher revenues for the quarter ended December 2023. The earnings report, due to be released on February 8, 2024, could potentially boost the companys stock if the key numbers exceed expectations. However, if the numbers fall short, the stock may decline. The company is expected to post quarterly earnings of $0.47 per share, representing a year-over-year change of +193.8%. Revenues are expected to be $209.65 million, up 23.9% from the year-ago quarter.
CustomersInvestment
CyberArk (CYBR) is a Great Momentum Stock: Should You Buy?
CyberArk (CYBR) is currently a promising investment according to the Zacks Momentum Style Score, which evaluates stocks based on recent trends and earnings estimate revisions. The companys shares have risen 45.33% over the past quarter and 84.36% in the last year, significantly outperforming the S&P 500. In addition, CyberArks consensus estimate has increased from $0.76 to $0.78 in the past 60 days due to positive earnings estimate revisions. The company currently holds a Zacks Rank of #2 (Buy) and a Momentum Score of B.
Investment
CyberArk (CYBR) Upgraded to Buy: What Does It Mean for the Stock?
CyberArk has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates. The Zacks rating relies on a companys changing earnings picture, tracking EPS estimates for the current and following years from sell-side analysts. The upgrade reflects positivity about CyberArks earnings outlook, which could translate into buying pressure and an increase in its stock price. For the fiscal year ending December 2023, CyberArk is expected to earn $0.78 per share, a change of 277.3% from the year-ago reported number.
Investment
CyberArk Appoints Eduarda Camacho as Chief Operating Officer
3 Stocks Winning the War Against Cyber Threats
The cybersecurity market is expected to grow at a compound annual growth rate (CAGR) of 11.44% and be valued at over $350 billion by the end of this decade, making cybersecurity stocks a solid investment opportunity. Palo Alto Networks, Fortinet, and CyberArk are three companies that offer investors an opportunity to generate long-term returns. Palo Alto Networks has more than tripled its revenue between 2018 and 2023 and expanded its product offerings. Fortinet offers a range of products and has growing free cash flow, putting it in a prime position for future acquisitions. CyberArk focuses on zero trust with its Identity Security Platform and reported total annual recurring revenue of $705 million, up by 38% year-over-year.
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CyberArk to Announce Fourth Quarter and Year End 2023 Financial Results on February 8
CyberArk to Announce Fourth Quarter and Year End 2023 Financial Results on February 8
The 3 Best Cybersecurity Stocks To Buy Now: October 2023
The article discusses the increasing importance of cybersecurity stocks due to the rise in digital crimes. It highlights three companies - Akamai, Okta, and CyberArk Software - as the best cybersecurity stocks to buy in October 2023. Akamai specializes in global content delivery network services and cybersecurity, Okta is an identity and access management firm, and CyberArk Software is an information security specialist focusing on identity management. The article suggests that investing in these companies could be beneficial due to the growing need for cybersecurity solutions.
Investment
CyberArk (CYBR) Unveils New Security Features Within ISP
CyberArk is introducing new security features to enhance user access protection for cloud services and modern infrastructure, along with significant updates to its Secure Cloud Access solution. The update focuses on recognizing and mitigating identity-centric risks in its customers’ cloud ecosystem with a shift from standing access policies to zero standing privileges. The company has added around 235 new accounts during the second quarter of 2023, and more than half of the clients are using multiple CyberArk solutions. CyberArk’s second-quarter revenues jumped 24% year over year to $175.8 million.
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Is CyberArk Software Ltd. (NASDAQ:CYBR) Trading At A 22% Discount?
The projected fair value for CyberArk Software is estimated to be US$211 based on a 2 Stage Free Cash Flow to Equity model. This suggests that the companys current share price of US$164 might be undervalued by 22%. The fair value estimate is 12% higher than CyberArk Softwares analyst price target of US$188. The companys total equity value is calculated to be US$8.7b. The companys cash is in surplus of total debt and it is forecasted to reduce losses next year. However, the companys debt is not well covered by operating cash flow and it is not expected to become profitable over the next 3 years.
Investment
CyberArk Launches New Capabilities for Securing Access to Cloud Workloads and Services as Part of Its Identity Security Platform
CyberArk Named a Privileged Identity Management Leader by Independent Research Firm
3 Top Cybersecurity Stocks to Buy in October
Cybersecurity Stock Pops As It Pulls Off This Rare Trifecta
3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
CyberArk to Announce Third Quarter 2023 Financial Results on November 2
CyberArk (CYBR) Surges 3.8%: Is This an Indication of Further Gains?
CyberArks shares rose 3.8% in the last trading session, ending at $172.94. This increase is attributed to the continued optimism surrounding the demand for its products and solutions. The company is benefiting from the rising demand for cyber security solutions due to the increasing number of data breaches. The demand for privileged access security, driven by digital transformation and cloud migration strategies, is a key growth driver. The companys strong presence across various sectors such as banking, healthcare, government, and utilities is protecting it from the negative effects of macroeconomic and geopolitical headwinds.
CustomersInvestment
Wall Street Analysts See Upside Potential for 10 Stocks with Rising Price Targets
The article discusses the recent rise in price targets for several stocks by analysts. The companies include Microsoft Corporation, Pinterest, Inc., Constellation Brands, Inc., Occidental Petroleum Corporation, Ecolab Inc., CyberArk Software Ltd., AutoZone, Inc., and Valero Energy Corporation. The price target increases reflect the analysts confidence in these companies future growth and performance. The article also discusses the impact of recent central bank decisions, notably from the Federal Reserve and the Bank of England, on global stock markets. It mentions the decline in oil prices due to expectations of a U.S. interest rate hike, despite reductions in U.S. crude stockpiles.
Investment
Accenture Strengthens Cybersecurity With Cyberark Privilege Cloud Deployment
Accenture has expanded its deployment of the CyberArk Identity Security Platform to include CyberArk Privilege Cloud. The integration of the solution, developed in collaboration with cybersecurity firm CyberArk, allows Accenture to maintain privileged access control and monitoring across on-premises, cloud, and hybrid infrastructures for clients and their IT environments. The platform enables Accenture to securely store, rotate, and isolate credentials for both human and non-human users. This ensures sensitive data and critical systems are well-protected. The deployment is part of Accentures broader cybersecurity strategy.
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CyberArk (CYBR) & Accenture Team Up to Expand Security Platform
CyberArk has announced that its client, Accenture, is expanding the use of CyberArks Identity Security Platform by integrating CyberArk Privileged Cloud into its cyber defence strategy. This will allow Accenture to manage and monitor special access rights across various infrastructures. CyberArks robust product portfolio has led to a rise in new customer accounts, with the company adding around 235 new accounts in Q2 2023. Among these new clients are two Fortune 500 companies. CyberArks Q2 revenues rose 24% YoY to $175.8 million, surpassing estimates.
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Is CyberArk Software (CYBR) Priced Right? A Comprehensive Analysis of Its Market Value
CyberArk Software Ltds stock is fairly valued according to a comprehensive analysis. The company, a leading provider of IT security solutions, has seen a 10.12% increase over the past three months. Despite reporting a Loss Per Share of 2.81, the companys financial strength is considered fair, with a cash-to-debt ratio of 1.59. CyberArk has been profitable 7 out of the past 10 years, with a revenue of $659.40 million over the past twelve months. The companys 3-year average annual revenue growth rate is 9.3%, ranking better than 53.34% of companies in the Software industry.
CyberArk Collaborates with Accenture to Deliver Advanced Privileged Access Management Solutions for Clients
Is It Too Late To Consider Buying CyberArk Software Ltd. (NASDAQ:CYBR)?
CyberArk Software Ltd. has seen a decent growth in its share price over the last few months. The companys stock seems to be fairly priced at around 18% below its intrinsic value, suggesting a reasonable buying opportunity. The companys beta, a measure of share price volatility, is high, indicating that its price movements will be exaggerated relative to the rest of the market. The companys profit is expected to grow by 74% over the next couple of years, indicating a bright future. However, the current market price seems to have already priced in the companys positive outlook.
Investment
CyberArk Named a Leader in 2023 Gartner Magic Quadrant for Privileged Access Management
CyberArk, an identity security company, has been recognized as a Leader in the 2023 Gartner Magic Quadrant for Privileged Access Management. This is the fifth consecutive time CyberArk has received this recognition. The companys Identity Security Platform secures all identities against cyber threats with intelligent privilege controls. CyberArk is the only vendor positioned as a Leader in both Gartner Magic Quadrant Privileged Access Management and Access Management reports. The company continues to innovate, addressing emerging use cases for secure, developer-friendly access to public cloud workloads and services.
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CyberArk Establishes Artificial Intelligence Center of Excellence to Combat Attacker Innovation with Identity Security Innovation
CyberArk, an identity security company, has announced the creation of a new Artificial Intelligence Center of Excellence. The center will focus on the use of generative AI to improve security for its over 8,000 customers worldwide. This comes in response to a report published by CyberArk, which revealed that 93% of security professionals expect AI-enabled threats to affect their organizations in 2023. The company is also expanding its R&D and product development resources to further incorporate AI into its products and services.
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URBAN-X by MINI in Partnership with JVP Launches New Cohort of Urban Innovators Building Critical Climate Technologies
URBAN-X, an urban technology startup platform by MINI, has announced its thirteenth cohort of early-stage startups dedicated to advancing climate technology solutions. The cohort was selected in collaboration with venture capital firm JVP and includes startups working on solutions in real estate development, mobility, and energy & carbon management. The launch of this cohort coincides with the end of a record-breaking summer, highlighting the urgent need for climate change solutions. The startups will benefit from hands-on mentorship in areas such as customer engagement, product development, talent acquisition, and brand strategy.
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3 Up-and-Coming Stocks to Put on Your Must-Buy List
The article discusses three companies that are poised for growth: iCAD, CyberArk, and Emcor. iCAD, which uses artificial intelligence to detect breast cancer, recently received approval from Health Canada for its latest breast cancer risk assessment solution and signed a multi-year agreement with Radiology Partners. CyberArk, a cybersecurity company, reported a 23.5% increase in its top line last quarter and expects its operating income to be between $4 million and $8 million for Q3. Emcor, a construction company specializing in renewable energy facilities, semiconductor factories, and data centers, reported a 48% year-over-year increase in its Q2 earnings per share.
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CyberArk to Present at Upcoming Investor Conferences
CyberArk, the identity security company, will be presenting at investor conferences. The presentations will be webcast live and archived on the companys investor relations website. CyberArk is the global leader in identity security, providing comprehensive security for any identity across various environments. The company is trusted by leading organizations to secure critical assets.
Investment
3 Tech Stocks to Sell in August Before They Crash and Burn
The article discusses three tech stocks that investors should sell before they crash and burn. One of the stocks mentioned is Cyberark Software, a cybersecurity software firm. While the company has experienced double-digit revenue growth, its gross margins have compressed and it remains in the red in terms of net income. The article also highlights that Cyberarks valuation is considered astronomic, trading at 145.7x forward EBITDA. The companys shares have only returned almost 11% year-to-date, indicating that it is behind many other tech stocks. Therefore, the article suggests that current Cyberark shareholders should consider selling before their positions get burned.
Valuation
Why CyberArk Software Stock Popped Today
CyberArk Software, a cybersecurity leader, saw a positive impact on its stock after delivering a surprise profit in the second quarter of 2023. The details of the profit and its impact on the companys growth were not provided.
Investment
Compared to Estimates, CyberArk (CYBR) Q2 Earnings: A Look at Key Metrics
CyberArk reported $175.84 million in revenue for Q2 2023, a 23.6% YoY increase, and an EPS of $0.03, compared to -$0.27 a year ago. The reported revenue was higher than the Zacks Consensus Estimate of $173.2 million. The companys total Annual Recurring Revenue (ARR) was $653 million, higher than the seven-analyst average estimate of $640.34 million. Despite these positive results, shares of CyberArk have returned -8.6% over the past month. The stock currently has a Zacks Rank #2 (Buy).
Customers
CyberArk Announces Strong Second Quarter 2023 Results
CyberArk, an identity security company, has reported strong financial results for Q2 2023, exceeding guidance across all metrics. The companys subscription portion of Annual Recurring Revenue (ARR) was $451 million, a growth of 77% YoY, and total ARR was $653 million, a growth of 40% YoY. Subscription revenue was $106.2 million in Q2, a growth of 61% YoY, and total revenue was $175.8 million, a growth of 24% YoY. The company has raised its full year ARR guidance to a range of $743 million to $753 million.
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CyberArk (CYBR) Surpasses Q2 Earnings and Revenue Estimates
CyberArk Software Ltd. reported better-than-expected results for Q2 2023, with non-GAAP earnings of 3 cents per share, surpassing the estimated loss of 13 cents. The companys revenues increased 24% YoY to $175.8 million, with 90% of these being recurring. Annual Recurring Revenues (ARR) increased 40% to $653 million, driven by a record number of software-as-a-service solution bookings and strong demand for on-premise subscription offerings. The companys subscription transition has been gaining momentum, with subscription bookings making up 95% of license bookings in the quarter. CyberArk has updated its guidance for 2023.
CustomersInvestment
Top-Rated Stocks to Watch as Earnings Approach
Alibaba, Applied Industrial Technologies, and CyberArk Software are set to report their quarterly results on August 10. Alibabas Q1 earnings are forecasted to rise 12% to $1.97 per share with sales expected to be virtually flat at $30.79 billion. Applied Industrials Q4 earnings are expected to be up 8% at $2.18 per share with sales forecasted to rise 5% to $1.12 billion. CyberArks Q2 sales are projected to leap 21% to $173.20 million with earnings expected at an adjusted loss of -$0.13 a share.
CustomersInvestment
As AI Reaches A Fever Pitch, Demand For This Firm's Services Is Surging
The article discusses the increasing demand for CyberArks services as artificial intelligence becomes a significant technology threat for businesses. The companys role in this evolving landscape is highlighted, although specific details about their services or the extent of the demand surge are not provided.
Customers
CyberArk to Deliver Advanced Endpoint Privilege Security Controls to Lenovo Customers
CyberArk, an identity security company, has announced that its Endpoint Privilege Manager will be featured in Lenovos ThinkShield security portfolio. This will allow Lenovo customers to benefit from CyberArks SaaS-based solution, which aims to implement foundational endpoint security controls to block and contain potential cyber attacks. The solution also enforces least privilege to help reduce the risk of information being stolen or encrypted and held for ransom. The Endpoint Privilege Manager will be available through Lenovos network of global sales and partners.
PartnersCustomers
Better Cybersecurity Stock: CyberArk vs. Tenable
The article compares two cybersecurity companies, CyberArk and Tenable. CyberArks Privileged Access Management (PAM) software is designed to protect a companys network from internal threats such as corporate spies and disgruntled employees. On the other hand, Tenables Nessus platform scans a companys entire software infrastructure for potential vulnerabilities like misconfigured software, weak passwords, and network flaws.
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Here's Why CyberArk (CYBR) is a Strong Momentum Stock
CyberArk Software Ltd., an IT security solutions provider, is being highlighted as a potential investment opportunity due to its strong earnings growth and positive momentum. The companys shares have increased by 5.1% over the past week and 10.5% over the past four weeks, with a total gain of 28.9% over the past year. Two analysts have revised their earnings estimate upwards for fiscal 2023, and the company has an average earnings surprise of 34.4%. CyberArk is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of B and VGM Score of B.
Investment
Snyk Strengthens Leadership Team With Deep Enterprise Expertise, Reinforcing Developer Security Market Leadership
Snyk, a leader in developer security, has announced the appointment of four new senior leaders to bolster the companys leadership team. The new appointees are Jonaki Egenolf as Chief Marketing Officer, Myke Lyons as Chief Information Security Officer, David Morris as General Counsel, and Michael Durso as Senior Vice President, Sales, Americas. The new leadership is expected to help Snyk capitalize on its recent business momentum and further disrupt the legacy cybersecurity industry. The company recently made its seventh acquisition, Enso Security, and has a rapidly growing customer base of nearly 2,800 companies.
Management ChangesAcquisitionCustomers
CyberArk Publishes Third Annual Environmental, Social and Governance Report
CyberArk, the identity security company, has released its latest Environmental, Social and Governance (ESG) report. The report details the companys progress in enhancing initiatives across its core focus areas including cybersecurity, business ethics and corporate governance, human capital management, diversity, equity and inclusion, and environmental stewardship. The company has completed its SOC 3 certifications and expanded SOC 2 Type 2 compliance. It has also piloted a returnship program to help mid-career women in technology return to the workforce and has held corporate level climate strategy sessions.
CustomersPartners
Why These 3 Stocks Are the Best Ways to Play Cybersecurity Right Now
The article discusses the growth of cybersecurity stocks, particularly Palo Alto Networks, CyberArk, and CrowdStrike, despite the 2022 bear market. The companies have seen robust demand for their products, leading to steady growth. Palo Alto Networks is expected to see 25% revenue growth this year and 22% in 2024. CyberArk, with a smaller market cap, offers investors excellent long-term potential with expected revenue growth of 23.5% this year and next. CrowdStrike is expected to generate 35% revenue growth to just over $3 billion this year.
CustomersInvestment
3 Cybersecurity Stocks to Catapult You into the Millionaires’ Club
The article discusses the growing importance of cybersecurity and the potential for growth in this sector. It highlights three companies - CyberArk, Palo Alto Networks, and Fortinet - that are poised to benefit from increased spending on IT security. CyberArks subscription revenue soared 78% YoY in Q1 2023, indicating a growing demand for its services. Palo Alto Networks Secure Access Service Edge offering is growing over 50% annually. Fortinets top line jumped 32% YoY in Q1, with its billings increasing 30% YoY. The article suggests that these companies offer a good investment opportunity given the current cybersecurity landscape.
CustomersInvestment
CyberArk to Announce Second Quarter 2023 Financial Results on August 10
CyberArk, the identity security company, has announced that it will report its second quarter 2023 financial results before the U.S. financial markets open on Thursday, August 10, 2023. In conjunction with this announcement, CyberArk will host a conference call to discuss the company’s second quarter financial results and its business outlook. A live webcast of the conference call will be available via the Investor Relations section of the company’s website.
Why CyberArk (CYBR) is a Top Momentum Stock for the Long-Term
The article discusses the use of Zacks Style Scores to find winning stocks based on different investing types. It highlights CyberArk Software Ltd. as a momentum stock with a favorable Momentum Style Score. The company provides IT security solutions and is a security partner to many global businesses. The article mentions that CyberArk has gained 20.2% in the last year and has positive earnings metrics. It suggests investors consider adding CyberArk to their portfolios. The article is from Zacks Investment Research.
Investment
Boeing, CyberArk Lead 5 Stocks Near Buy Points
The market rally is going strong, but watch out for a potential pullback. Top stocks near buy points include Boeing and CyberArk.
CyberArk Software Stock Scores Rising Relative Strength Upgrade
CyberArk Software has received a rising price performance and an upgrade to its IBD Relative Strength Rating.
Public Trading
Cybersecurity Firm CyberArk Races Rivals To Build Broad Identity Platform
Cybersecurity firm CyberArk, under a new CEO, is racing against rivals like Okta and Microsoft to build a broad identity computer security platform.
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CyberArk Survey: AI Tool Use, Employee Churn and Economic Pressures Fuel the Identity Attack Surface
CyberArk to Present at Upcoming Investor Conferences
CyberArk Announces Identity Security Impact Customer Award Winners
Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
The article discusses the importance of momentum stocks and highlights CyberArk Software Ltd. as a potential buy. CyberArk, a cybersecurity solutions provider, has a Momentum Style Score of A and a VGM Score of B. The stock has shown positive performance over the past one-week, four-week, and one-year periods. Analysts have revised their earnings estimate higher for CYBR, and the company has a good Zacks Rank. The article recommends considering CyberArk for investment due to its impressive earnings fundamentals and strong momentum. No specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or date of the event are mentioned in the article.
Customers
The 4.3% return this week takes CyberArk Software's (NASDAQ:CYBR) shareholders five-year gains to 155%
CyberArk Softwares stock price has increased by 155% over five years and 28% in the past month. The company reported its financial results recently, with a focus on revenue growth. Over the last half decade, CyberArk Software has achieved a growth rate of 13% per year. This growth has been reflected in the companys share price gain of 21% per year over five years. Analyst coverage suggests visibility into future growth. However, there are 2 warning signs in the companys investment analysis. Insider buying would be a positive sign for the company.
CustomersInvestment
CyberArk Supercharges Identity Security Platform with Automation and Artificial Intelligence Innovations
CyberArk Introduces First Identity Security-Based Enterprise Browser
CyberArk to Host Investor Track at IMPACT 23: The Identity Security Conference
Gamania Group Implements CyberArk Identity Security Platform to Protect Over 10 Million Gamers, Customers and Employees
7 Meme Stocks That Are Still Alive and Kicking
The article discusses seven meme stocks that are still active and popular, including Microsoft. It highlights Microsofts strong financial stability, revenue growth, and positive analyst consensus. The article also mentions Wendys, Disney, CyberArk Software, Robinhood, PayPal, and U.S. Steel as other meme stocks to consider. The impact on Microsoft is growth-positive. The key theme of the article is meme stocks. The key issues discussed are customers and investment. The date of the event described in the article is not provided. The confidence level is 8.
Customers
Company News for May 12, 2023
CyberArk Software Ltd. reported a narrower loss per share in the first quarter of 2023, leading to a 3.9% increase in their stock. The companys performance beat the Zacks Consensus Estimate. The article also mentions other companies such as Geron Corporation, Tapestry Inc., and Dillards Inc. that reported their earnings and experienced stock gains. The article suggests downloading a free report from Zacks Investment Research for the latest stock recommendations.
Public Trading
CyberArk (CYBR) Reports Q1 Loss, Misses Revenue Estimates
Here's What Key Metrics Tell Us About CyberArk (CYBR) Q1 Earnings
CyberArk Announces First Quarter 2023 Results
CyberArk Software Q1: Mixed Segmental Performance, Hikes ARR Outlook
CyberArk Software reported a 27% year-on-year revenue growth in the first quarter of FY23, reaching $161.7 million. However, this missed the consensus estimate of $162.5 million. The companys non-GAAP EPS loss of $(0.17) beat the consensus loss of $(0.26). Revenues from subscriptions expanded by 78% to $92.7 million, while maintenance and professional services remained flat at $65.1 million. CyberArks annual recurring revenue (ARR) increased by 42% to $604 million, with the subscription portion growing by 84% and the maintenance portion declining by 2.9%. The companys outlook for Q2 and FY23 was mixed, with revenue and EPS projections slightly below consensus estimates. CyberArks stock traded lower by 1.72% in premarket trading.
CustomersInvestment
CyberArk (CYBR) Posts Narrower Q1 Loss, Misses Revenues
CyberArk Software reported better-than-expected earnings in Q1 2023, with a narrower loss per share compared to the previous year. Revenues increased 27% YoY, but fell short of expectations. The companys subscription revenues saw significant growth, driven by a record number of software-as-a-service solution bookings and strong demand for on-premise subscription offerings. CyberArks non-GAAP gross profit increased, but the gross margin contracted slightly. The company provided guidance for the full year and the second quarter of 2023, with expectations of continued growth. CyberArk carries a Zacks Rank #3 (Hold).
Customers
CyberArk Identity Flows Accelerates Cybersecurity Risk Response
CyberArk (CYBR) Soars 5.6%: Is Further Upside Left in the Stock?
Does This Valuation Of CyberArk Software Ltd. (NASDAQ:CYBR) Imply Investors Are Overpaying?
CyberArk Softwares fair value estimate is US$96.73, according to a 2 Stage Free Cash Flow to Equity analysis. However, the companys share price is currently US$126, suggesting it may be overvalued by 30%. Analysts have set a price target for CYBR at US$178, which is 84% above the fair value estimate. The valuation is based on projected future cash flows and their present value, with a discount rate of 9.6%. The companys total equity value is estimated at US$4.0b. The analysis also highlights potential risks and opportunities for the company.
Investment
CyberArk Announces Planned Executive Changes
CyberArk: Working with the Australian Cyber Collaboration Centre to boost Australia's cyber security maturity
CyberArk has joined the Australian Cyber Collaboration Centre to address advanced cybersecurity threats and strengthen Australias cybersecurity posture. The centre aims to foster a more cyber-secure digital economy by leveraging resources and expertise from businesses, government, and research institutions. CyberArks membership will allow them to participate in thought leadership initiatives and collaborate with other organizations to build cybersecurity capabilities. It also establishes their presence in the South Australian market, enabling them to host customers and partners and solve strategic cybersecurity problems. CyberArk aims to inform Australian customers about their holistic solutions for mitigating data exfiltration risks and controlling access to sensitive assets. They are committed to building a more cyber secure future for businesses and government organizations in Australia.
PartnersCustomers
CyberArk Named a Leader in Passwordless Authentication by KuppingerCole Analysts
CyberArk Named a Leader in 2022 Gartner Magic Quadrant for Access Management
CyberArk, a global leader in Identity Security, has been named a Leader in the 2022 Gartner Magic Quadrant for Access Management. This follows CyberArks position as a Leader in the 2022 Gartner Magic Quadrant for Privileged Access Management, making it the only company to be recognized as a Leader in both reports. CyberArks Identity Security Platform enables protection of any identity across a wide range of devices and environments. The company continues to innovate to keep pace with customer needs, recently unveiling new adaptive multi-factor authentication and passwordless capabilities.
CustomersPartners
CyberArk Wins 2022 SC Award for Best Identity Management Solution
CyberArk Drives Channel Partner Program Growth
סייברארק גדלה ב-131 עובדים, כשליש מהם בישראל
CyberArk, a cybersecurity company, has reported higher than expected revenues and lower net losses in its Q2 financial results. The companys workforce increased by 131 employees during the quarter, a third of whom are based in Israel. CyberArks CEO, Udi Mokady, believes that the cybersecurity industry is resilient, even in the face of a tech crisis. The companys Q2 revenues were $142 million, a 21.4% increase compared to the same quarter last year. The company is continuing to hire employees in Israel and abroad.
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CyberArk Named a Leader in 2022 Gartner Magic Quadrant for Privileged Access Management
מגייסת: סייברארק מרחיבה את מרכז הפיתוח בבאר שבע - וואלה! כסף
Israeli cybersecurity company CyberArk is expanding its development center in Beer Sheva. Following the success of the center, which was launched in May 2021, CyberArk has signed an agreement to lease additional space in the Negev Sea Back Hi-Tech Park and will continue to recruit employees for various technology positions. The goal is to reach about 100 development employees in Beer Sheva within the next two years. The companys new center employees are integrated into the companys overall research and development system, with their work being a significant part of CyberArks professional activity.
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מנצחים את השגרה השוחקת: סייברארק מקצרת את הישיבות כלכליסט
CyberArk, an identity security company, is implementing measures to promote employee health and work-life balance. The company is encouraging shorter meetings to reduce stress and is offering periodic health checks, healthy meal options, and personalized fitness training. The company has a gym where yoga, HIIT, and Pilates sessions are held. CyberArk also supports competitive sports, with company teams in football, basketball, and running. In terms of nutrition, the company offers low-fat menu options and private nutritional counseling. The company also provides mental health support, including funded therapy. Recently, CyberArk sponsored young judoka Gili Sharir, contributing to the promotion of physical activity among its employees.
Management Changes
CyberArk Announces Strong Second Quarter 2021 Results
CyberArk Named a Leader in 2021 Gartner Magic Quadrant for Privileged Access Management
כלכליסט - דף הבית - הודעת שגיאה
The article is about the website כלכליסט and its features such as personal profiles, notifications, and newsletters. It also mentions the availability of the website on various platforms like YouTube and podcasts. The article does not discuss any specific events or developments related to the company.
CyberArk opens new R&D center in Beer Sheba
Israeli cybersecurity company CyberArk has inaugurated its new R&D center in Beer Sheba, Israel. The center is located at the Gav-Yam Negev Tech Park and will be run by Shai Saffer. CyberArk plans to recruit 200 employees in Israel this year, with 100 of them being programmers for its centers in Beer Sheba and Peteh Tikva. The company aims to continue growing and protecting the assets of leading corporations globally. The new centers opening is seen as a breakthrough for Beer Sheba and will contribute to establishing it as Israels cyber capital.
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CyberArk Announces Strong First Quarter 2021 Results
סייברארק משנה גישה אך שומרת על הנקודות שקורצות לפורצי סייבר
Israeli cybersecurity company CyberArk is undergoing significant changes, including a shift in its business model from perpetual licensing to subscription sales. This change is expected to negatively impact the companys revenue in the short term but benefit it in the long run. CyberArk has also expanded its focus from IT accounts to all users within an organization, following the acquisition of US company Idaptive for $70 million. The companys CEO, Udi Mokady, presented these changes at a recent investor day, where he also outlined the companys ambitious goal to reach an annual recurring revenue of $1 billion by 2025.
InvestmentManagement Changes
CyberArk Delivers New Identity Security Offerings to Drive Customer Success
CyberArk Announces Record Fourth Quarter and Full Year 2020 Results
CyberArk Named a Leader in Privileged Identity Management by Independent Research Firm
Proofpoint and CyberArk extend partnership to further safeguard high-risk users
Proofpoint has extended its partnership with CyberArk to enhance the integration of their cybersecurity solutions. The partnership aims to identify and protect privileged users with high-risk access, as well as remediate phishing attempts. The collaboration combines Proofpoints Targeted Attack Protection with CyberArks Privileged Access Security Solution to provide layered defenses and adaptive controls. The partnership demonstrates Proofpoints commitment to lasting partnerships with leading security firms. The integration allows organisations to manage privileged access, revoke access for compromised users, and apply remediation measures in real-time. The extended partnership is expected to contribute to the growth of Proofpoint in the cybersecurity market.
Partners
CyberArk Named a Leader in Gartner 2020 Magic Quadrant for Privileged Access Management
CyberArk Shares Identity Security Vision at Impact Live
CyberArk Alero Improves Remote User Security with New Authentication Options
CyberArk buys US co IDaptive for $70m
CyberArk Software Inc. has acquired IDaptive Holdings for $70 million in cash. The acquisition will allow CyberArk to deliver a comprehensive security-first approach to managing identities, reducing risk and improving overall security posture. CyberArk also reported its financial results for the first quarter of 2020, beating analysts expectations. Revenue for the quarter was $107 million, up 11.4% from the same quarter in 2019. However, the company provided lukewarm guidance for the second quarter, with revenue expected to be $95-105 million and non-GAAP earnings per share expected to be $0.17-0.35. CyberArks share price is currently down 7% on Nasdaq, with a market cap of $3.88 billion.
Acquisition
CyberArk Alero Extends Zero Trust Access to Remote Workers
CyberArk Named Best Enterprise Security Solution at 2020 SC Awards
CyberArk lauches new program to help customers reduce privilege-related risk - Help Net Security
CyberArk, a global leader in privileged access management, has announced the CyberArk Blueprint for Privileged Access Management Success. The program is designed to help customers reduce privilege-related risk through a future-proof, phased, and measurable approach. The Blueprint is based on three guiding principles: preventing credential theft, stopping lateral and vertical movement, and limiting privilege escalation and abuse. The program offers templates and custom roadmap design sessions for organizations of all sizes, in both regulated and non-regulated industries.
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CyberArk Delivers Blueprint for Privileged Access Management Success
CyberArk to Open a Development Center in Be'er Sheva
CyberArk Software Ltd. plans to open a research and development center in Be’er Sheva, Israel. The center will initially employ 20 people but aims to expand to 100 employees. The company provides digital security services to various companies and is headquartered in Petah Tikva, Israel, and Newton, Massachusetts. CyberArk currently employs 1,300 people, with 500 in Israel.
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CyberArk releases new 'just-in-time' capabilities to help reduce risk
CyberArk has expanded its just-in-time capabilities across its access management portfolio to help organizations reduce risk and implement broader least privilege strategies. The company now provides comprehensive just-in-time offerings across cloud and hybrid environments and on the endpoint. The new capabilities include short-lived SSH certificate authentication for secure access to Linux systems without manual management of accounts and credentials. CyberArks just-in-time use cases enable temporary elevation, ephemeral accounts, and brokered and removed access. The companys approach helps organizations reduce privileged access risk, simplify operations, and strengthen security posture. Sessions are automatically isolated, recorded, and monitored in real time to prevent misuse or lateral movement.
CustomersPartners
CyberArk raises $500m in convertible note offering
CyberArk, a cybersecurity solutions company, announced a $500 million issue of 0% Convertible Senior Notes due 2024. The notes are convertible to shares at a 37.5% premium on CyberArks share price. The offering may increase by $75 million. CyberArk entered into capped call transactions to increase the conversion price and reduce dilution. The net size of the offering is expected to be $487 million. This capital deal allows CyberArk to raise financing without diluting shareholders stakes.
InvestmentPublic Trading
Israeli cybersecurity co CyberArk to raise $500m debt
CyberArk Software Ltd. plans to issue $500 million aggregate principal amount of Convertible Senior Notes due 2024 in a private placement for institutional investors.
Investment
CyberArk Signs Software Licensing Contract with State of California
CyberArk has become an approved vendor through the California Software Licensing Program (SLP), making it easier for California-based government agencies to modernize their infrastructure with privileged access management solutions. The CyberArk Privileged Access Security Solution offers proactive protection against the exploitation of privileged accounts and credentials. The California SLP simplifies the procurement process for state and local agencies by providing pre-negotiated terms and conditions with designated distribution partners.
Partners
CyberArk jumps on strong Q3 results, increased guidance
CyberArk Software Inc.s share price rose 9.20% on Nasdaq after reporting strong financial results for Q3 2019. The companys revenue increased by 28% compared to the same quarter in 2018, and its net profit also saw significant growth. CyberArk signed 200 new customers and raised its revenue guidance for 2019. The company expects revenue between $429.2 million and $431.2 million, a 25% to 26% increase from the previous year. CyberArks market cap reached $4.2 billion. The CEO emphasized the importance of Privileged Access Management in cybersecurity and the companys leadership position in the market. The article was published on November 6, 2019.
CustomersInvestment
CyberArk Achieves NIAP Common Criteria Certification
CyberArk Named Top Security Solution for Government Agencies
https://www.marketwatch.com/press-release/cyberark-named-a-march-2019-gartner-peer-insights-customers-choice-for-privileged-access-management-2019-03-20
CyberArk soars on impressive Q4 results
Israeli cybersecurity company CyberArk reported excellent results for the fourth quarter and 2018 as a whole, exceeding market expectations. The companys revenue in the fourth quarter was $109.1 million, a 36% increase from the previous year. Revenue from software licenses and maintenance services also showed significant growth. CyberArks operating profit and adjusted non-GAAP net profit also exceeded expectations. The company provided positive revenue and profit guidance for the first quarter of 2019 and the entire year, surpassing market predictions. CyberArk has a market cap of $3.644 billion.
Customers
https://www.marketwatch.com/press-release/cyberark-launches-sap-certified-privileged-access-security-solution-2018-08-02
CyberArk warns of 'shadow admins' in cloud environments
The article discusses various topics related to technology and telecommunications. It mentions the importance of umbrella company contractors ensuring they are paid correctly. It also highlights the expansion in satellite connectivity, with an Australian telco partnering with Elon Musks satellite firm. The EU Court of Justice has issued a significant ruling against Meta, disrupting its targeted advertising practices. A House of Lords report blames slow government intervention for digital exclusion in the UK. The UKs largest independent network provider has won new contracts as part of a national broadband scheme. The article also mentions partnerships, M&A activity, and the impact of export restrictions on semiconductor compounds. The date of the event described in the article is not provided.
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New CyberArk Marketplace Simplifies Delivery of Privileged Access Solutions
CyberArk, a global leader in privileged access security, has launched CyberArk Marketplace, a portfolio of integrations with a privileged access security solution. The marketplace offers simplicity and speed for security and IT operations teams to extend the benefits of securing privileged access across the enterprise. The CyberArk Marketplace establishes a trusted platform for customers to easily find and deploy integrations with the CyberArk Privileged Account Security Solution, available from CyberArk and its partners.
CustomersPartners
CyberArk Labs Publishes New Privileged Credential Theft Research
CyberArk Acquires Vaultive to Advance Privileged Account Security for the Cloud
Xconomy: CyberArk Snaps Up Conjur for $42M to Secure Software Development
The article does not provide any specific information about the company or any events.
Israel's CyberArk focused on growing independently: CEO
CyberArk Software, Israels second-largest cyber security company, is focused on building its business independently despite previous reports of acquisition talks. The companys CEO, Udi Mokady, stated that their goal is to build the business large and do whats right for shareholders. CyberArk specializes in protecting organizations from threats originating from within, specifically targeting privileged accounts. Their solution involves locking up and encrypting credentials in digital vaults. The company went public on Nasdaq in 2014 and has 2,000 customers, including Salesforce, British Telecom, and Vodafone. CyberArk has made two acquisitions in the past year, including Massachusetts-based Viewfinity and Israeli start-up Cybertinel.
AcquisitionCustomers
CyberArk buys software co Viewfinity for $30.5m
CyberArk Software Inc. has announced its acquisition of Viewfinity Inc., a software company that provides Windows least privilege management and application control software. The acquisition is for $30.5 million in cash and will enable CyberArk to remove administrative privileges from business users. This will limit the privileges available to users and applications, allowing only trusted applications to run and stopping the progression of most malware-based attacks at the endpoint. With the acquisition, CyberArk will offer protection against privileged-based attacks targeting both business and IT users. The deal is expected to close in the fourth quarter of 2015.
Acquisition
CyberArk To Raise $62M In Third Offering
CyberArk Software plans to issue 900,000 new shares in its third offering, aiming to raise up to $62 million. Israeli venture capital firm Jerusalem Venture Partners (JVP) will sell the majority of its shares in CyberArk for a total of $195, along with Vertex Venture Capital and CyberArk director Amnon Shoshani. CyberArk was founded in 1999 by Udi Mokady and Alon N. Cohen.
Investment
CyberArk revises public offering up to $336m
Jerusalem Venture Partners will sell shares in CyberArk Software Inc. for $195 million in a public offering. CyberArk plans to issue 900,000 new shares, raising $62 million, while company shareholders will sell four million shares for $275 million. The total volume of the offering is $336 million. The offering is designed for three shareholders: JVP, which will receive $195 million; Vertex Venture Capital, which will receive $57 million; and CyberArk director Amnon Shoshani, who will receive $23 million. The companys market cap currently stands at $2.1 billion. Goldman Sachs has been the leading underwriter in all of CyberArks offerings and will be an underwriter in the upcoming flotation as well.
Public TradingInvestment
CyberArk files for $250m follow-on Nasdaq offering
CyberArk Software Inc. has filed with the SEC to raise $250 million in its third public offering on Nasdaq. Only $50 million in new shares will be sold, with investors cashing in on $200 million worth of shares. The company focuses on protecting privileged accounts in data networks and has seen significant growth since its IPO. CyberArk reported first-quarter revenue of $32.9 million, up 89% from the corresponding quarter of 2014.
Public Trading
CyberArk files for $200m Nasdaq secondary offering
CyberArk Software Inc. has submitted a draft prospectus to the US Securities and Exchange Commission for a $200 million offer for sale. No new capital will be raised in this secondary offering. The underwriters for the offering will be leading investment banks in the US capital market. The timing of the offer for sale was expected by the market. CyberArks share price has reached a peak and has since experienced a sell-off. The companys major shareholder, Goldman Sachs, is pushing for the offer for sale. The expiry of the options vesting period allows CyberArk employees to sell immediately exercisable options. The companys CEO, Udi Mokady, holds shares worth NIS 250 million.
Public Trading
CyberArk sets terms for $75m Nasdaq IPO
Israeli information security company CyberArk is planning to issue 5.36 million shares at $13-15 a share in its Nasdaq IPO, raising $69.7-80.4 million. The IPO is expected during the week of September 22. CyberArks underwriters include Deutsche Bank, JP Morgan, and Barclays Capital as chief underwriters, and William Blair, Nomura, and Oppenheimer as secondary underwriters. Following the IPO, CyberArks shares will be traded under the CYBR ticker symbol. CyberArk monitors and counters the threat of privileged accounts in organizational computer systems. The company recently revised its second quarter results, with revenue totaling $21.3 million, reflecting 29.4% annual growth and 22.7% quarterly growth. CyberArk has been making a profit for at least two and a half years, with an operating profit of $3.1 million in the second quarter.
Public Trading