CyberArk Software Ltd. (NASDAQ:CYBR – Free Report) – Investment analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of CyberArk Software in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver forecasts that the technology company will earn ($0.49) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $335.00 target price on the stock. The consensus estimate for CyberArk Software’s current full-year earnings is ($0.58) per share.
A number of other equities analysts have also weighed in on the stock. UBS Group lifted their price target on shares of CyberArk Software from $340.00 to $360.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Canaccord Genuity Group upped their target price on CyberArk Software from $310.00 to $330.00 and gave the company a “buy” rating in a research report on Thursday, November 14th. Morgan Stanley reaffirmed an “equal weight” rating and set a $316.00 target price on shares of CyberArk Software in a report on Tuesday, December 31st. Robert W. Baird lifted their target price on CyberArk Software from $355.00 to $370.00 and gave the company an “outperform” rating in a research note on Tuesday, December 17th. Finally, DA Davidson upped their target price on shares of CyberArk Software from $360.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. One research analyst has rated the stock with a hold rating and twenty-seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $358.74.
CyberArk Software Stock Performance
Shares of NASDAQ CYBR opened at $358.93 on Wednesday. The firm’s 50 day moving average price is $327.68 and its 200 day moving average price is $294.66. CyberArk Software has a 1 year low of $223.09 and a 1 year high of $364.18. The firm has a market cap of $15.64 billion, a P/E ratio of 1,329.42 and a beta of 1.13.
CyberArk Software (NASDAQ:CYBR – Get Free Report) last issued its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.48. The business had revenue of $240.10 million during 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%. The company’s revenue was up 25.6% on a year-over-year basis. During the same period last year, the company posted ($0.31) EPS.
Institutional Trading of CyberArk Software
A number of hedge funds have recently made changes to their positions in CYBR. Thurston Springer Miller Herd & Titak Inc. acquired a new position in CyberArk Software in the 4th quarter valued at approximately $25,000. Assetmark Inc. boosted its holdings in CyberArk Software by 1,025.0% in the third quarter. Assetmark Inc. now owns 135 shares of the technology company’s stock worth $39,000 after purchasing an additional 123 shares in the last quarter. Transcendent Capital Group LLC acquired a new position in shares of CyberArk Software during the 3rd quarter valued at about $51,000. Kieckhefer Group LLC bought a new position in shares of CyberArk Software in the fourth quarter valued at approximately $67,000. Finally, Future Financial Wealth Managment LLC bought a new stake in shares of CyberArk Software in the third quarter valued at approximately $87,000. 91.84% of the stock is owned by hedge funds and other institutional investors.
About CyberArk Software
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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