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CyberArk Software (CYBR) Stock Forecast & Price Target

$249.70
+3.37 (+1.37%)
(As of 05/20/2024 ET)

CyberArk Software - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 24 Analyst Ratings

Consensus Price Target

$265.63
6.38% Upside
High Forecast$317.00
Average Forecast$265.63
Low Forecast$175.00
TypeCurrent Forecast
5/21/23 to 5/20/24
1 Month Ago
4/21/23 to 4/20/24
3 Months Ago
2/20/23 to 2/20/24
1 Year Ago
5/21/22 to 5/21/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
23 Buy rating(s)
23 Buy rating(s)
21 Buy rating(s)
19 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$265.63$258.54$250.91$174.00
Forecasted Upside6.38% Upside17.31% Upside15.89% Upside21.39% Upside
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CYBR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CYBR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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CyberArk Software Stock vs. The Competition

TypeCyberArk SoftwareComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.96
2.59
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside7.58% Upside184.44% Upside7.73% Upside
News Sentiment RatingPositive News
Neutral News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/20/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$310.00+25.07%
5/14/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$280.00+17.99%
5/3/2024DA Davidson
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 Lower TargetBuy ➝ Buy$300.00 ➝ $275.00+20.97%
5/3/2024Cantor Fitzgerald
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Y. Lee
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Reiterated RatingOverweight ➝ Overweight$300.00+31.95%
5/3/2024Wedbush
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 Reiterated RatingOutperform ➝ Outperform$285.00+25.07%
5/1/2024Rosenblatt Securities
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 Reiterated RatingBuy ➝ Buy$310.00 ➝ $310.00+29.57%
4/24/2024Bank of America
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 Reiterated RatingBuy ➝ Buy$315.00+27.43%
3/28/2024BTIG Research
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 Initiated CoverageBuy$317.00+20.45%
2/9/2024Truist Financial
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 Boost TargetBuy ➝ Buy$250.00 ➝ $300.00+6.64%
2/9/2024Mizuho
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 Boost TargetBuy ➝ Buy$250.00 ➝ $310.00+10.77%
2/9/2024Susquehanna
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 Boost TargetPositive ➝ Positive$255.00 ➝ $310.00+13.57%
2/9/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$274.00 ➝ $305.00+16.59%
1/29/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$250.00 ➝ $275.00+17.54%
1/10/2024Citigroup
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 Boost TargetBuy ➝ Buy$215.00 ➝ $265.00+21.04%
1/10/2024UBS Group
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 Boost TargetBuy ➝ Buy$215.00 ➝ $260.00+18.85%
1/9/2024Morgan Stanley
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 DowngradeOverweight ➝ Equal Weight$195.00 ➝ $240.00+10.10%
1/8/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$195.00 ➝ $260.00+19.16%
12/15/2023Jefferies Financial Group
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 Initiated CoverageBuy$240.00+19.25%
12/11/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$207.00 ➝ $248.00+21.19%
11/3/2023Stephens
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 Boost TargetOverweight ➝ Overweight$210.00 ➝ $220.00+23.65%
9/7/2023Guggenheim
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 Initiated CoverageBuy$200.00+16.58%
8/24/2023Canaccord Genuity Group
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 Boost TargetBuy ➝ Buy$185.00 ➝ $195.00+26.48%
8/11/2023Barclays
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 Boost TargetOverweight ➝ Overweight$178.00 ➝ $180.00+11.10%
8/10/2023Wolfe Research
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 Boost TargetOutperform ➝ Outperform$165.00 ➝ $175.00+8.02%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 06:48 PM ET.

CYBR Frequently Asked Questions

What is CyberArk Software's stock forecast and purchase recommendation?

According to the research reports of 24 Wall Street equities research analysts, the average twelve-month stock price forecast for CyberArk Software is $265.63, with a high forecast of $317.00 and a low forecast of $175.00. The consensus rating for CyberArk Software stock is Moderate Buy based on the current 1 hold rating and 23 buy ratings for CYBR. Learn more on CYBR's analyst rating history.

Do Wall Street analysts like CyberArk Software more than its competitors?

Analysts like CyberArk Software more than other "computer and technology" companies. The consensus rating score for CyberArk Software is 2.96 while the average consensus rating score for "computer and technology" companies is 2.59. Learn more on how CYBR compares to other companies.

Does CyberArk Software's stock price have much upside?

According to analysts, CyberArk Software's stock has a predicted upside of 19.06% based on their 12-month stock forecasts.

What analysts cover CyberArk Software?

CyberArk Software has been rated by research analysts at Bank of America, BTIG Research, Cantor Fitzgerald, DA Davidson, JMP Securities, Needham & Company LLC, Rosenblatt Securities, and Wedbush in the past 90 days.


Stock Forecasts and Research Tools

This page (NASDAQ:CYBR) was last updated on 5/20/2024 by MarketBeat.com Staff

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