Cantor Fitzgerald Forecasts CYBR FY2025 Earnings

CyberArk Software Ltd. (NASDAQ:CYBR) – Stock analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for CyberArk Software in a research 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 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.

Several other analysts have also commented on the company. Scotiabank boosted their price target on CyberArk Software from $340.00 to $400.00 and gave the company a “sector outperform” rating in a research note on Tuesday. JPMorgan Chase & Co. upped their target price on shares of CyberArk Software from $355.00 to $375.00 and gave the stock an “overweight” rating in a report on Monday, December 16th. Robert W. Baird lifted their price target on shares of CyberArk Software from $355.00 to $370.00 and gave the company an “outperform” rating in a report on Tuesday, December 17th. Citigroup boosted their price target on shares of CyberArk Software from $355.00 to $410.00 and gave the company a “buy” rating in a research report on Friday, January 17th. Finally, KeyCorp raised their price objective on shares of CyberArk Software from $355.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday. One investment 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, the company presently has a consensus rating of “Moderate Buy” and an average price target of $358.74.

CyberArk Software Trading Up 0.9 %

CYBR stock opened at $358.63 on Wednesday. CyberArk Software has a 1-year low of $223.09 and a 1-year high of $364.18. The business’s 50 day moving average is $326.34 and its 200-day moving average is $294.20. The firm has a market cap of $15.63 billion, a P/E ratio of 1,328.31 and a beta of 1.13.

CyberArk Software (NASDAQ:CYBR) last released its quarterly earnings data on Wednesday, November 13th. The technology company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.48. The company had revenue of $240.10 million during the quarter, compared to the consensus estimate of $234.10 million. CyberArk Software had a net margin of 1.38% and a return on equity of 2.29%. The firm’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same period last year, the firm earned ($0.31) EPS.

Hedge Funds Weigh In On CyberArk Software

Several hedge funds have recently added to or reduced their stakes in CYBR. Nepsis Inc. increased its stake in shares of CyberArk Software by 882.4% in the 4th quarter. Nepsis Inc. now owns 562,327 shares of the technology company’s stock valued at $187,339,000 after acquiring an additional 505,088 shares during the last quarter. International Assets Investment Management LLC acquired a new position in CyberArk Software during the third quarter valued at approximately $82,485,000. Clearbridge Investments LLC increased its stake in CyberArk Software by 250.0% in the second quarter. Clearbridge Investments LLC now owns 224,381 shares of the technology company’s stock valued at $61,350,000 after purchasing an additional 160,269 shares in the last quarter. SG Americas Securities LLC raised its holdings in CyberArk Software by 97.5% in the fourth quarter. SG Americas Securities LLC now owns 167,759 shares of the technology company’s stock worth $55,889,000 after purchasing an additional 82,812 shares during the period. Finally, Point72 Asset Management L.P. boosted its position in shares of CyberArk Software by 89.2% during the second quarter. Point72 Asset Management L.P. now owns 167,305 shares of the technology company’s stock worth $45,745,000 after purchasing an additional 78,887 shares in the last quarter. Institutional investors and hedge funds own 91.84% of the company’s stock.

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.