CyberArk Software (CYBR) Stock Forecast, Price & News

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CyberArk Software in the last year. There are currently 4 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CYBR shares.
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23 equities research analysts have issued 1 year target prices for CyberArk Software's stock. Their CYBR share price forecasts range from $145.00 to $195.00. On average, they expect the company's stock price to reach $174.77 in the next year. This suggests a possible upside of 13.4% from the stock's current price.
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CyberArk Software's stock was trading at $129.65 on January 1st, 2023. Since then, CYBR stock has increased by 18.9% and is now trading at $154.13.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
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CyberArk Software Ltd. (NASDAQ:CYBR) issued its earnings results on Thursday, November, 4th. The technology company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.07) by $0.01. The technology company earned $121.60 million during the quarter, compared to analyst estimates of $120.03 million. CyberArk Software had a negative trailing twelve-month return on equity of 17.33% and a negative net margin of 20.39%. The firm's revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.13) EPS.

ETFs with the largest weight of CyberArk Software (NASDAQ:CYBR) stock in their portfolio include BlueStar Israel Technology ETF (ITEQ), Global X Cybersecurity ETF (BUG), iShares Cybersecurity and Tech ETF (IHAK), iShares MSCI Israel ETF (EIS), WisdomTree Cybersecurity Fund (WCBR), First Trust Nasdaq Cybersecurity ETF (CIBR), VanEck Israel ETF (ISRA) and ARK Israel Innovative Technology ETF (IZRL).

CyberArk Software updated its FY23 earnings guidance on Tuesday, May, 23rd. The company provided earnings per share (EPS) guidance of $0.16-0.38 for the period, compared to the consensus EPS estimate of $0.29. The company issued revenue guidance of $724-736 million, compared to the consensus revenue estimate of $730.11 million.

197 employees have rated CyberArk Software Chief Executive Officer Udi Mokady on Glassdoor.com. Udi Mokady has an approval rating of 98% among the company's employees. This puts Udi Mokady in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. 87.0% of employees surveyed would recommend working at CyberArk Software to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other CyberArk Software investors own include NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Micron Technology (MU), Salesforce (CRM), Netflix (NFLX), Walt Disney (DIS), PayPal (PYPL), Skyworks Solutions (SWKS) and Tesla (TSLA).

CyberArk Software trades on the NASDAQ under the ticker symbol "CYBR."

CyberArk Software's stock is owned by a variety of retail and institutional investors. Top institutional investors include Wasatch Advisors LP (5.77%), Franklin Resources Inc. (2.94%), RGM Capital LLC (2.93%), Pictet Asset Management SA (2.77%), First Trust Advisors LP (2.59%) and Brown Capital Management LLC (2.47%).

Shares of CYBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CYBR stock can currently be purchased for approximately $154.13.

CyberArk Software (NASDAQ:CYBR) has a market capitalization of $6.31 billion and generates $591.71 million in revenue each year. The technology company earns $-130,370,000.00 in net income (profit) each year or ($3.12) on an earnings per share basis.

The company employs 2,768 workers across the globe.

CyberArk Software's mailing address is 9 Hapsagot St. Park Ofer B P.O. BOX 3143, PETACH-TIKVA L3, 4951040. The official website for the company is www.cyberark.com. The technology company can be reached via phone at (723) 918-0000, via email at ir@cyberark.com, or via fax at 972-3924-0111.