CyberArk Software (CYBR) Stock Forecast & Price Target

$276.08

-4.26 (-1.52%)

(As of 10/7/2024 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 25 Analyst Ratings

Sell
0

Hold
1

Buy
24

Based on 25 Wall Street analysts who have issued ratings for CyberArk Software in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 25 analysts, 1 has given a hold rating, and 24 have given a buy rating for CYBR.

Consensus Price Target

$297.52
7.77% Upside

According to the 25 analysts' twelve-month price targets for CyberArk Software, the average price target is $297.52. The highest price target for CYBR is $330.00, while the lowest price target for CYBR is $220.00. The average price target represents a forecasted upside of 7.77% from the current price of $276.08.

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CYBR Analyst Ratings Over Time

Type	Current Forecast 10/9/23 to 10/8/24	1 Month Ago 9/9/23 to 9/8/24	3 Months Ago 7/11/23 to 7/10/24	1 Year Ago 10/9/22 to 10/9/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	24 Buy rating(s)	23 Buy rating(s)	23 Buy rating(s)	18 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$297.52	$290.83	$275.00	$184.23
Forecasted Upside	7.77% Upside	9.81% Upside	1.38% Upside	9.60% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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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.

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.

CyberArk Software Stock vs. The Competition

Type	CyberArk Software	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.96	2.66	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	7.77% Upside	1,681.87% Upside	7.98% Upside
News Sentiment Rating	Positive News See Recent CYBR News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/7/2024	Barclays 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$315.00 ➝ $330.00	+19.34%
10/1/2024	Wedbush 3 of 5 stars		Boost Target	Outperform ➝ Outperform	$300.00 ➝ $325.00	+18.70%
9/24/2024	Jefferies Financial Group 2 of 5 stars		Boost Target	Buy ➝ Buy	$315.00 ➝ $330.00	+17.22%
9/20/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Hedberg Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$328.00	+20.93%
8/9/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$305.00 ➝ $310.00	+13.25%
8/9/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$285.00 ➝ $315.00	+16.75%
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8/9/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	Y. Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$300.00 ➝ $300.00	+11.19%
8/9/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$310.00 ➝ $310.00	+17.61%
8/9/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$300.00 ➝ $310.00	+17.61%
8/9/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Positive ➝ Positive	$310.00 ➝ $320.00	+21.40%
8/9/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$295.00 ➝ $315.00	+19.50%
8/6/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$310.00 ➝ $310.00	+28.35%
6/25/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$300.00 ➝ $300.00	+15.26%
6/17/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform ➝ Market Outperform	$310.00 ➝ $310.00	+22.85%
6/4/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$300.00 ➝ $280.00	+21.92%
4/24/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$315.00	+27.43%
3/28/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$317.00	+20.45%
2/9/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$250.00 ➝ $300.00	+6.64%
2/9/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$250.00 ➝ $310.00	+10.77%
1/29/2024	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$250.00 ➝ $275.00	+17.54%
1/10/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$215.00 ➝ $260.00	+18.85%
1/9/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Overweight ➝ Equal Weight	$195.00 ➝ $240.00	+10.10%
1/8/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$195.00 ➝ $260.00	+19.16%
12/11/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$207.00 ➝ $248.00	+21.19%
11/3/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$210.00 ➝ $220.00	+23.65%
8/10/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$165.00 ➝ $175.00	+8.02%
2/9/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Trebnick Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy
1/5/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$190.00 ➝ $160.00	+23.77%
1/4/2023	Sumitomo Mitsui Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Neutral	$145.00	+14.80%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 06:14 AM ET.

CYBR Forecast - Frequently Asked Questions

: According to the research reports of 25 Wall Street equities research analysts, the average twelve-month stock price forecast for CyberArk Software is $297.52, with a high forecast of $330.00 and a low forecast of $220.00.
: 25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CyberArk Software in the last year. There is currently 1 hold rating and 24 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CYBR shares.
: According to analysts, CyberArk Software's stock has a predicted upside of 7.77% based on their 12-month stock forecasts.
: CyberArk Software has been rated by research analysts at Barclays, Cantor Fitzgerald, Citigroup, DA Davidson, Jefferies Financial Group, KeyCorp, Needham & Company LLC, Robert W. Baird, Rosenblatt Securities, Royal Bank of Canada, Susquehanna, and Wedbush in the past 90 days.
: 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 2.66. Learn more on how CYBR compares to other companies.