CyberArk Software (NASDAQ:CYBR – Get Free Report) released its earnings results on Thursday. The technology company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.85), Zacks reports. CyberArk Software had a net margin of 1.38% and a return on equity of 2.29%. CyberArk Software updated its FY 2025 guidance to 3.550-3.700 EPS and its Q1 2025 guidance to 0.740-0.810 EPS.
CyberArk Software Stock Performance
Shares of CYBR traded up $28.31 on Thursday, hitting $409.17. 904,108 shares of the stock traded hands, compared to its average volume of 524,668. CyberArk Software has a one year low of $223.09 and a one year high of $418.46. The company has a market capitalization of $17.83 billion, a PE ratio of 1,516.41 and a beta of 1.15. The business has a 50 day simple moving average of $344.38 and a 200 day simple moving average of $305.97.
Analysts Set New Price Targets
Several research firms recently commented on CYBR. Needham & Company LLC increased their target price on shares of CyberArk Software from $360.00 to $410.00 and gave the company a “buy” rating in a report on Thursday, January 9th. Barclays raised their price objective on CyberArk Software from $330.00 to $335.00 and gave the company an “overweight” rating in a research note on Thursday, November 14th. Rosenblatt Securities boosted their target price on CyberArk Software from $345.00 to $415.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Truist Financial raised their price target on CyberArk Software from $350.00 to $385.00 and gave the stock a “buy” rating in a research report on Tuesday, January 28th. Finally, Citigroup boosted their price objective on CyberArk Software from $355.00 to $410.00 and gave the company a “buy” rating in a research report on Friday, January 17th. Two equities research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $373.96.
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.
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