CyberArk Software (NASDAQ:CYBR) Issues Quarterly Earnings Results

CyberArk Software (NASDAQ:CYBR) posted its quarterly earnings data on Thursday. The technology company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.85), Zacks reports. CyberArk Software had a return on equity of 2.29% and a net margin of 1.38%. 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 Trading Up 7.2 %

CyberArk Software stock traded up $27.39 during trading hours on Thursday, hitting $408.25. 914,130 shares of the stock traded hands, compared to its average volume of 525,489. CyberArk Software has a one year low of $223.09 and a one year high of $418.46. The company has a market cap of $17.79 billion, a PE ratio of 1,510.43 and a beta of 1.15. The firm’s 50-day moving average price is $344.38 and its two-hundred day moving average price is $305.97.

Analysts Set New Price Targets

CYBR has been the subject of several research reports. Robert W. Baird upped their target price on CyberArk Software from $355.00 to $370.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 17th. Truist Financial upped their price objective on shares of CyberArk Software from $350.00 to $385.00 and gave the company a “buy” rating in a research note on Tuesday, January 28th. Mizuho lifted their target price on shares of CyberArk Software from $345.00 to $365.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Stifel Nicolaus upped their price target on shares of CyberArk Software from $335.00 to $370.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. Finally, Wells Fargo & Company lifted their price objective on CyberArk Software from $410.00 to $425.00 and gave the stock an “overweight” rating in a report on Monday, January 27th. Two analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target 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.