CyberArk Software - CYBR Stock Forecast, Price & News

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sales software-based security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager that offers risk-based credential security and session management to protect against attacks involving privileged access; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide fast, easy, and secure privileged access to third-party vendors; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Cloud Entitlements Manager, a SaaS solution, which reduces risk that arises from excessive privileges by implementing least privilege across cloud environments. The company also offers robust Identity and Access Management as a Services, such as workforce identity, which offers adaptive multi-factor authentication (MFA), single sign-on, secure Web sessions, application gateway, identity lifecycle management, and directory services; and customer identity services that provides authentication and authorization services, MFA, directory, and user management to enable organizations to provide their customers with easy and secure access to websites and applications. In addition, it offers Secrets Manager Credential Providers to provide and manage the credentials used by third-party solutions; and Secrets Manager Conjur for cloud-native applications. The company provides its products to financial services, manufacturing, insurance, healthcare, energy and utilities, transportation, retail, technology, and telecommunications industries; and government agencies through direct sales force, as well as distributors, systems integrators, value-added resellers, and managed security service providers. CyberArk Software Ltd. was founded in 1999 and is headquartered in Petah Tikva, Israel.

CyberArk Software Price Performance

CYBR opened at $136.44 on Monday. The company has a 50-day moving average of $134.06 and a 200-day moving average of $144.97. The company has a market capitalization of $5.56 billion, a P/E ratio of -51.10 and a beta of 1.20. CyberArk Software has a 1-year low of $100.35 and a 1-year high of $201.68. The company has a debt-to-equity ratio of 0.85, a quick ratio of 3.07 and a current ratio of 3.07.

CyberArk Software (NASDAQ:CYBR - Get Rating) last posted its quarterly earnings results on Thursday, May 12th. The technology company reported ($0.88) EPS for the quarter, meeting the consensus estimate of ($0.88). CyberArk Software had a negative net margin of 20.58% and a negative return on equity of 12.64%. The business had revenue of $127.60 million during the quarter, compared to analyst estimates of $130.43 million. During the same period in the previous year, the business posted ($0.28) EPS. The company's quarterly revenue was up 13.1% on a year-over-year basis. Equities analysts expect that CyberArk Software will post -3.61 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on CYBR shares. Wedbush cut their target price on shares of CyberArk Software from $195.00 to $150.00 in a research note on Friday, May 13th. Stephens initiated coverage on shares of CyberArk Software in a research note on Wednesday, May 25th. They set an "overweight" rating and a $170.00 price objective for the company. TheStreet downgraded shares of CyberArk Software from a "c-" rating to a "d+" rating in a research note on Wednesday, May 18th. Summit Insights dropped their price objective on shares of CyberArk Software from $225.00 to $150.00 in a research note on Thursday, May 12th. Finally, Stifel Nicolaus dropped their price objective on shares of CyberArk Software from $210.00 to $168.00 in a research note on Friday, May 13th. Three analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $180.44.