CyberArk Software Ltd. (NASDAQ:CYBR – Get Free Report) has earned an average recommendation of “Moderate Buy” from the twenty-seven research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and twenty-six have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $418.15.
CYBR has been the subject of a number of recent research reports. DA Davidson reissued a “buy” rating and issued a $475.00 price objective on shares of CyberArk Software in a research note on Tuesday, February 25th. Citigroup boosted their price target on CyberArk Software from $410.00 to $450.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. Oppenheimer raised their price objective on CyberArk Software from $360.00 to $420.00 and gave the company an “outperform” rating in a research report on Wednesday, February 5th. KeyCorp boosted their target price on shares of CyberArk Software from $400.00 to $485.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Finally, Robert W. Baird increased their price target on shares of CyberArk Software from $455.00 to $465.00 and gave the company an “outperform” rating in a research report on Tuesday, February 25th.
View Our Latest Research Report on CyberArk Software
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CyberArk Software Stock Performance
CyberArk Software stock opened at $346.44 on Tuesday. The company has a market capitalization of $17.12 billion, a PE ratio of -177.66 and a beta of 1.06. The company has a 50 day moving average price of $363.86 and a 200-day moving average price of $321.91. CyberArk Software has a fifty-two week low of $223.41 and a fifty-two week high of $421.00.
CyberArk Software (NASDAQ:CYBR – Get Free Report) last issued its earnings results on Thursday, February 13th. The technology company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.85). CyberArk Software had a negative net margin of 9.34% and a positive return on equity of 0.45%. On average, analysts forecast that CyberArk Software will post -0.47 earnings per share for the current year.
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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