CyberArk Software (NASDAQ:CYBR) Price Target Raised to $573.00

CyberArk Software (NASDAQ:CYBR) had its price objective increased by DA Davidson from $518.00 to $573.00 in a research report sent to investors on Thursday morning,Benzinga reports. DA Davidson currently has a buy rating on the technology company’s stock.

Several other brokerages also recently commented on CYBR. Zacks Research raised shares of CyberArk Software from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 7th. Canaccord Genuity Group cut shares of CyberArk Software from a “buy” rating to a “hold” rating and increased their price target for the company from $440.00 to $502.00 in a report on Wednesday, October 15th. Barclays reduced their price target on shares of CyberArk Software from $520.00 to $460.00 and set an “equal weight” rating for the company in a research report on Thursday. Mizuho lowered their price objective on CyberArk Software from $520.00 to $470.00 and set an “outperform” rating on the stock in a research report on Thursday. Finally, Piper Sandler set a $474.00 target price on CyberArk Software in a report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, twenty-three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, CyberArk Software currently has an average rating of “Hold” and a consensus price target of $464.50.

CyberArk Software Stock Performance

CyberArk Software stock opened at $391.77 on Thursday. The company has a quick ratio of 2.14, a current ratio of 2.00 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $19.78 billion, a P/E ratio of -133.71, a PEG ratio of 17.35 and a beta of 0.91. The stock’s 50 day moving average is $447.93 and its 200 day moving average is $459.52. CyberArk Software has a twelve month low of $288.63 and a twelve month high of $526.19.

CyberArk Software (NASDAQ:CYBR) last announced its quarterly earnings data on Wednesday, February 4th. The technology company reported $1.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.18. CyberArk Software had a positive return on equity of 0.77% and a negative net margin of 10.79%.The business had revenue of $372.65 million during the quarter, compared to analysts’ expectations of $377.22 million. During the same quarter in the previous year, the business earned $0.80 earnings per share. The firm’s quarterly revenue was up 18.5% compared to the same quarter last year. On average, equities research analysts predict that CyberArk Software will post -0.47 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CyberArk Software

Several institutional investors have recently made changes to their positions in CYBR. Eastern Bank grew its position in CyberArk Software by 346.2% during the fourth quarter. Eastern Bank now owns 58 shares of the technology company’s stock valued at $26,000 after buying an additional 45 shares during the period. Cornerstone Planning Group LLC boosted its stake in shares of CyberArk Software by 5,300.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 54 shares of the technology company’s stock worth $28,000 after acquiring an additional 53 shares during the last quarter. NewSquare Capital LLC grew its position in shares of CyberArk Software by 78.0% during the 2nd quarter. NewSquare Capital LLC now owns 73 shares of the technology company’s stock valued at $30,000 after acquiring an additional 32 shares during the period. Parkside Financial Bank & Trust increased its stake in shares of CyberArk Software by 120.7% in the 3rd quarter. Parkside Financial Bank & Trust now owns 64 shares of the technology company’s stock worth $31,000 after purchasing an additional 35 shares in the last quarter. Finally, AlphaCore Capital LLC bought a new position in CyberArk Software in the 2nd quarter worth $33,000. Institutional investors own 91.84% of the company’s stock.

Trending Headlines about CyberArk Software

Here are the key news stories impacting CyberArk Software this week:

• Positive Sentiment: Quarterly results: CyberArk beat EPS estimates ($1.33 vs. consensus ~$1.13) and reported revenue up ~18.5% YoY—an earnings surprise that supports the rally. The company provided slides and a press release for the quarter. View Press Release
• Positive Sentiment: DA Davidson raised its price target sharply to $573 and reiterated a Buy rating, signaling strong analyst conviction that could support further upside. Benzinga
• Positive Sentiment: Technical setup: Zacks highlights CYBR as oversold after a recent pullback, suggesting the heavy selling may be exhausted and a trend reversal may be possible—a short-term technical tailwind for buyers. Zacks Article
• Neutral Sentiment: Broker consensus & commentary: The recent brokerage average sits at “Hold,” reflecting mixed analyst views despite the EPS beat—so broader institutional conviction is not unanimous. AmericanBankingNews
• Neutral Sentiment: Analyst notes & valuation pieces: Coverage in The Globe and Mail and Yahoo examines CYBR’s competitive positioning and asks whether the post-pullback price is fair—useful context but not definitive near-term catalysts. Globe and Mail Yahoo
• Neutral Sentiment: Mizuho cut its price target to $470 but kept an Outperform rating—this reduces implied upside versus prior targets but still shows support from some buy-side analysts. Benzinga
• Negative Sentiment: Barclays trimmed its target to $460 and moved to Equal Weight, a less bullish stance that could limit near-term upside if other shops follow suit. Benzinga

About CyberArk Software

CyberArk Software Ltd. is a cybersecurity company that focuses on identity security and privileged access management. Its core mission is to protect organizations from cyber threats that target privileged accounts, credentials and secrets that can provide attackers with broad access to critical systems. CyberArk’s offerings are designed to help enterprises control, monitor and secure privileged credentials across on-premises, cloud and hybrid environments, reducing the risk of lateral movement and data breaches.

The company delivers a suite of software and cloud services that address privileged access, secrets management, endpoint privilege management and identity-based threat detection.