Equities Analysts Issue Forecasts for CYBR FY2025 Earnings

CyberArk Software Ltd. (NASDAQ:CYBR) – Cantor Fitzgerald issued their FY2025 earnings estimates for CyberArk Software in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver anticipates that the technology company will post earnings per share of ($0.49) for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $335.00 price target on the stock. The consensus estimate for CyberArk Software’s current full-year earnings is ($0.58) per share.

A number of other equities research analysts have also weighed in on the company. Citigroup boosted their target price on CyberArk Software from $355.00 to $410.00 and gave the company a “buy” rating in a research note on Friday, January 17th. DA Davidson lifted their target price on shares of CyberArk Software from $360.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Oppenheimer increased their price target on CyberArk Software from $310.00 to $360.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. Scotiabank lifted their price target on shares of CyberArk Software from $340.00 to $400.00 and gave the company a “sector outperform” rating in a report on Tuesday. Finally, UBS Group raised their price target on CyberArk Software from $340.00 to $360.00 and gave the company a “buy” rating in a report on Thursday, November 14th. One analyst has rated the stock with a hold rating and twenty-seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $358.74.

CyberArk Software Stock Performance

CyberArk Software stock opened at $358.93 on Wednesday. The firm’s fifty day moving average price is $327.68 and its 200-day moving average price is $294.66. The stock has a market cap of $15.64 billion, a P/E ratio of 1,329.42 and a beta of 1.13. CyberArk Software has a fifty-two week low of $223.09 and a fifty-two week high of $364.18.

CyberArk Software (NASDAQ:CYBR) last issued its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.48. CyberArk Software had a return on equity of 2.29% and a net margin of 1.38%. The business had revenue of $240.10 million for the quarter, compared to analysts’ expectations of $234.10 million. During the same quarter in the prior year, the firm posted ($0.31) EPS. The firm’s quarterly revenue was up 25.6% on a year-over-year basis.

Hedge Funds Weigh In On CyberArk Software

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Austin Private Wealth LLC raised its holdings in shares of CyberArk Software by 22.3% during the fourth quarter. Austin Private Wealth LLC now owns 997 shares of the technology company’s stock worth $332,000 after purchasing an additional 182 shares during the last quarter. Alta Wealth Advisors LLC purchased a new stake in CyberArk Software in the fourth quarter valued at $507,000. Swedbank AB raised its holdings in shares of CyberArk Software by 19.0% in the 4th quarter. Swedbank AB now owns 545,100 shares of the technology company’s stock valued at $181,600,000 after buying an additional 87,201 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in CyberArk Software by 22.1% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 87,798 shares of the technology company’s stock worth $29,250,000 after purchasing an additional 15,885 shares in the last quarter. Finally, Foundations Investment Advisors LLC lifted its position in shares of CyberArk Software by 6.4% during the 4th quarter. Foundations Investment Advisors LLC now owns 2,906 shares of the technology company’s stock worth $968,000 after purchasing an additional 175 shares during the last quarter. 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.