Zacks Research Downgrades CyberArk Software (NASDAQ:CYBR) to Strong Sell

Key Points

• Zacks Research has downgraded CyberArk Software from a "hold" rating to a "strong sell," indicating bearish sentiment towards the stock.
• Despite the downgrade, Needham & Company LLC raised its price target for the shares to $551.00, maintaining a "buy" rating.
• CyberArk reported earnings of $0.88 per share for its latest quarter, surpassing analysts' expectations of $0.79, with revenue increasing 46.0% year-over-year.

CyberArk Software (NASDAQ:CYBR - Get Free Report) was downgraded by research analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a research report issued on Tuesday,Zacks.com reports. Zacks Research also issued estimates for CyberArk Software's Q3 2026 earnings at $0.07 EPS, FY2026 earnings at $0.34 EPS, Q1 2027 earnings at $0.38 EPS and Q2 2027 earnings at $0.36 EPS.

A number of other equities analysts have also commented on CYBR. Needham & Company LLC boosted their price objective on shares of CyberArk Software from $460.00 to $551.00 and gave the stock a "buy" rating in a report on Wednesday, July 30th. Wedbush reiterated a "neutral" rating and issued a $450.00 price objective on shares of CyberArk Software in a report on Thursday, July 31st. Baird R W lowered shares of CyberArk Software from a "strong-buy" rating to a "hold" rating in a report on Friday, August 1st. JMP Securities reiterated a "market perform" rating on shares of CyberArk Software in a report on Tuesday, September 23rd. Finally, Stifel Nicolaus reiterated a "hold" rating and issued a $444.00 price objective on shares of CyberArk Software in a report on Thursday, July 31st. Ten equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $448.85.

CyberArk Software Stock Down 1.0%

Shares of CyberArk Software stock opened at $501.20 on Tuesday. The company has a fifty day moving average price of $472.21 and a 200 day moving average price of $409.07. The company has a current ratio of 2.31, a quick ratio of 2.31 and a debt-to-equity ratio of 0.53. CyberArk Software has a twelve month low of $271.68 and a twelve month high of $514.28. The stock has a market cap of $25.30 billion, a price-to-earnings ratio of -148.72 and a beta of 1.01.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The technology company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.09. CyberArk Software had a negative net margin of 13.78% and a positive return on equity of 0.44%. The firm had revenue of $328.03 million during the quarter, compared to analysts' expectations of $315.43 million. During the same period in the prior year, the company earned $0.54 EPS. The firm's revenue was up 46.0% on a year-over-year basis. Equities research analysts forecast that CyberArk Software will post -0.47 earnings per share for the current fiscal year.

Institutional Investors Weigh In On CyberArk Software

A number of institutional investors have recently modified their holdings of the stock. Golden State Wealth Management LLC raised its stake in CyberArk Software by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 78 shares of the technology company's stock worth $26,000 after acquiring an additional 39 shares during the period. Opal Wealth Advisors LLC acquired a new stake in CyberArk Software during the second quarter worth about $30,000. NewSquare Capital LLC raised its stake in CyberArk Software by 78.0% during the second quarter. NewSquare Capital LLC now owns 73 shares of the technology company's stock worth $30,000 after acquiring an additional 32 shares during the period. Bessemer Group Inc. raised its stake in CyberArk Software by 421.1% during the first quarter. Bessemer Group Inc. now owns 99 shares of the technology company's stock worth $33,000 after acquiring an additional 80 shares during the period. Finally, AlphaCore Capital LLC acquired a new stake in CyberArk Software during the second quarter worth about $33,000. Institutional investors and hedge funds own 91.84% of the company's stock.

CyberArk Software Company Profile

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints.

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