CyberArk Software (NASDAQ:CYBR) Releases Quarterly Earnings Results, Misses Estimates By $0.85 EPS

CyberArk Software (NASDAQ:CYBR) announced its earnings results on Thursday. The technology company reported ($0.14) EPS for the quarter, missing the consensus estimate 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 7.4 %

Shares of CyberArk Software stock traded up $28.31 on Thursday, reaching $409.17. The stock had a trading volume of 904,108 shares, compared to its average volume of 524,668. The business’s 50 day moving average is $344.38 and its two-hundred day moving average is $305.97. The company has a market cap of $17.83 billion, a P/E ratio of 1,516.41 and a beta of 1.15. CyberArk Software has a 1 year low of $223.09 and a 1 year high of $418.46.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CYBR. Citigroup raised their price target on shares of CyberArk Software from $355.00 to $410.00 and gave the stock a “buy” rating in a research note on Friday, January 17th. Wells Fargo & Company raised their target price on shares of CyberArk Software from $410.00 to $425.00 and gave the company an “overweight” rating in a research report on Monday, January 27th. DA Davidson boosted their price target on shares of CyberArk Software from $360.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. UBS Group raised their price objective on CyberArk Software from $340.00 to $360.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Finally, Stifel Nicolaus upped their target price on CyberArk Software from $335.00 to $370.00 and gave the stock a “buy” rating in a report on Wednesday, December 18th. Two research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average 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.