The Latest Breaking News from CyberArk Software Ltd

Fueled by rising cyber threats and growing investments in digital defense, the cybersecurity market is experiencing significant growth. Thus, investing in CyberArk (CYBR), Fortinet (FTNT), and Trend Micro (TMICY) could prove to be a wise decision for investors looking to capitalize on this thriving landscape. Read on….

With cyber threats on the rise, the cloud security market is growing rapidly. Investors looking to capitalize on this trend may find robust opportunities in Okta (OKTA), CyberArk (CYBR), and Check Point Software (CHKP). These companies are well-equipped to meet increasing demand in the cybersecurity sector. Read more….

CyberArk Software (CYBR) delivered impressive first-quarter results, beating analyst expectations for revenue and earnings. Further, the company raised its full-year 2024 guidance. However, CYBR’s stock is overvalued, trading significantly higher than its peers. So, should you consider adding this mid-cap stock to your portfolio? Read more to find out….

CyberArk Software Ltd (NASDAQ: CYBR) 

Due to increasing cyber-attacks with enterprises rapidly digitalizing their operations and migrating to cloud platforms, the cybersecurity industry has benefited significantly over the past year. However, considering the macroeconomic headwinds, it could be worth watching prominent cybersecurity stocks CyberArk Software (CYBR), Rapid7 (RPD), Check Point Software Technologies (CHKP), Qualys (QLYS),…

Stephens analyst Brian Colley initiated coverage on five security software companies. Colley initiated CrowdStrike Holdings, Inc (NASDAQ:CRWD) with an Overweight and a $232 price target (47.4% upside).  Colley saw the comprehensive and expanding product offering opening a large growing TAM with meaningful upsell/cross-sell opportunities. He saw a sizable underpenetrated opportunity in the cloud security market.…

Although Cyberark Software Ltd (NASDAQ: CYBR) reported disappointing first-quarter revenue of $127.6 million, its earnings were better than Street ex

CyberArk Software Ltd (NASDAQ:CYBR) reported first-quarter FY22 revenue growth of 13% year-on-year to $127.6 million, missing the consensus of $130.3 million. Non-GAAP EPS loss of $(0.30) beat the consensus loss of $(0.31). Segments: Revenues from Subscription expanded 110% Y/Y to $51.9 million. Maintenance and professional services rose 6.1% Y/Y to $65.1 million. Key Performance…

CyberArk Software Ltd (NASDAQ: CYBR) reported fourth-quarter FY21 revenue growth of 5% year-on-year to $151.3 million, beating the consensus of $144.5 million. Non-GAAP EPS of $0.28 beat the consensus of $0.16.