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CyberArk Software (CYBR) Stock Price, News & Analysis

CyberArk Software logo
$319.73 -9.42 (-2.86%)
(As of 11/22/2024 ET)

About CyberArk Software Stock (NASDAQ:CYBR)

Key Stats

Today's Range
$318.90
$329.97
50-Day Range
$268.04
$329.15
52-Week Range
$191.25
$332.05
Volume
358,127 shs
Average Volume
524,321 shs
Market Capitalization
$13.93 billion
P/E Ratio
1,184.23
Dividend Yield
N/A
Price Target
$328.37
Consensus Rating
Moderate Buy

Company Overview

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. The company also provides workforce identity, which offers adaptive multi-factor authentication (MFA), single sign-on, secure web sessions, workforce password management, application gateway, identity lifecycle management, and directory services; and customer identity services that provides authentication and authorization services, MFA, directory, and user management. In addition, it offers Secrets Manager Credential Providers to provide and manage the credentials used by third-party solutions; Conjur Enterprise and Conjur Cloud, which offers a secrets management solution for specific requirements; Secrets Hub, a centralized visibility and management platform; Cloud Security solutions; Identity Management solutions, including lifecycle management, identity flows, identity compliance, and directory services; and Secure Browser. The company serves financial services, manufacturing, insurance, healthcare, energy and utilities, transportation, retail, technology, and telecommunications industries; and government agencies. The company was incorporated in 1996 and is headquartered in Petah Tikva, Israel.

CyberArk Software Stock Analysis - MarketRank™

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57th Percentile Overall Score

CYBR MarketRank™: 

CyberArk Software scored higher than 57% of companies evaluated by MarketBeat, and ranked 355th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CyberArk Software has received a consensus rating of Moderate Buy. The company's average rating score is 2.96, and is based on 26 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    CyberArk Software has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about CyberArk Software's stock forecast and price target.
  • Earnings Growth

    Earnings for CyberArk Software are expected to grow in the coming year, from ($0.95) to ($0.25) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CyberArk Software is 1,184.23, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.24.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CyberArk Software is 1,184.23, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 263.33.

  • Price to Book Value per Share Ratio

    CyberArk Software has a P/B Ratio of 11.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.38% of the float of CyberArk Software has been sold short.
  • Short Interest Ratio / Days to Cover

    CyberArk Software has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CyberArk Software has recently decreased by 22.78%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    CyberArk Software does not currently pay a dividend.

  • Dividend Growth

    CyberArk Software does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.38% of the float of CyberArk Software has been sold short.
  • Short Interest Ratio / Days to Cover

    CyberArk Software has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in CyberArk Software has recently decreased by 22.78%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    CyberArk Software has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 25 news articles for CyberArk Software this week, compared to 9 articles on an average week.
  • Search Interest

    33 people have searched for CYBR on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.
  • MarketBeat Follows

    25 people have added CyberArk Software to their MarketBeat watchlist in the last 30 days. This is an increase of 79% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, CyberArk Software insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.40% of the stock of CyberArk Software is held by insiders.

  • Percentage Held by Institutions

    91.84% of the stock of CyberArk Software is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about CyberArk Software's insider trading history.
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CYBR Stock News Headlines

CyberArk achieves QC1 certification from ACN in Italy
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FY2024 EPS Forecast for CyberArk Software Lifted by Analyst
See More Headlines

CYBR Stock Analysis - Frequently Asked Questions

CyberArk Software's stock was trading at $219.05 on January 1st, 2024. Since then, CYBR stock has increased by 46.0% and is now trading at $319.73.
View the best growth stocks for 2024 here
.

CyberArk Software Ltd. (NASDAQ:CYBR) announced its earnings results on Wednesday, November, 13th. The technology company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.48. The company's revenue for the quarter was up 25.6% on a year-over-year basis.

CyberArk Software's top institutional investors include Jennison Associates LLC (2.78%), Groupama Asset Managment (2.39%), Wasatch Advisors LP (2.27%) and American Capital Management Inc. (1.80%).

Shares of CYBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that CyberArk Software investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Palo Alto Networks (PANW) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
11/13/2024
Today
11/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:CYBR
Employees
2,140
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$328.37
High Stock Price Target
$360.00
Low Stock Price Target
$240.00
Potential Upside/Downside
+2.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.96
Research Coverage
27 Analysts

Profitability

Net Income
$-66,500,000.00
Pretax Margin
2.64%

Debt

Sales & Book Value

Annual Sales
$909.46 million
Book Value
$28.24 per share

Miscellaneous

Free Float
42,964,000
Market Cap
$14.01 billion
Optionable
Optionable
Beta
1.13

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This page (NASDAQ:CYBR) was last updated on 11/22/2024 by MarketBeat.com Staff
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