Brokers Issue Forecasts for CYBR FY2025 Earnings

CyberArk Software Ltd. (NASDAQ:CYBR - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for CyberArk Software in a research note issued on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver anticipates that the technology company will post earnings per share of ($0.49) for the year. Cantor Fitzgerald currently has a "Overweight" rating and a $335.00 price target on the stock. The consensus estimate for CyberArk Software's current full-year earnings is ($0.58) per share.

CyberArk Software (NASDAQ:CYBR - Get Free Report) last announced its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.48. The company had revenue of $240.10 million for the quarter, compared to analysts' expectations of $234.10 million. CyberArk Software had a net margin of 1.38% and a return on equity of 2.29%. CyberArk Software's revenue was up 25.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.31) EPS.

A number of other research analysts have also weighed in on the company. JMP Securities reaffirmed a "market outperform" rating and set a $360.00 price objective on shares of CyberArk Software in a report on Tuesday, January 14th. Truist Financial reiterated a "buy" rating and issued a $350.00 price target (up previously from $300.00) on shares of CyberArk Software in a report on Thursday, November 14th. StockNews.com raised shares of CyberArk Software from a "hold" rating to a "buy" rating in a report on Monday, December 9th. Jefferies Financial Group increased their target price on shares of CyberArk Software from $315.00 to $330.00 and gave the company a "buy" rating in a report on Tuesday, September 24th. Finally, Needham & Company LLC upped their price target on CyberArk Software from $360.00 to $410.00 and gave the stock a "buy" rating in a report on Thursday, January 9th. One investment analyst has rated the stock with a hold rating and twenty-seven have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $358.74.

CyberArk Software Price Performance

NASDAQ CYBR traded up $1.70 on Wednesday, hitting $357.28. 353,706 shares of the company's stock were exchanged, compared to its average volume of 494,396. The firm's 50-day moving average price is $325.25 and its two-hundred day moving average price is $293.63. The firm has a market cap of $15.57 billion, a price-to-earnings ratio of 1,322.75 and a beta of 1.13. CyberArk Software has a fifty-two week low of $223.09 and a fifty-two week high of $364.18.

Institutional Investors Weigh In On CyberArk Software

Several institutional investors and hedge funds have recently added to or reduced their stakes in CYBR. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of CyberArk Software during the 4th quarter valued at about $25,000. Assetmark Inc. raised its stake in shares of CyberArk Software by 1,025.0% during the third quarter. Assetmark Inc. now owns 135 shares of the technology company's stock valued at $39,000 after purchasing an additional 123 shares during the period. Transcendent Capital Group LLC acquired a new position in shares of CyberArk Software during the third quarter worth $51,000. Kieckhefer Group LLC purchased a new position in shares of CyberArk Software in the fourth quarter valued at $67,000. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of CyberArk Software in the third quarter valued at $87,000. 91.84% of the stock is currently owned by institutional investors and hedge funds.

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.