Barclays Downgrades CyberArk Software (CYBR) to Equalweight

CyberArk Software (CYBR): Channel Strategy In Europe May Need To Be Revisited - Oppenheimer

July 14, 2017 10:00 AM EDT

Oppenheimer analyst, Shaul Eyal, reiterated his Outperform rating on shares of CyberArk Software (NASDAQ: CYBR) but cut his price target to $51 after the company pre-announced preliminary weak 2Q17 results expecting revenue of $57-57.5M. This is up 13.5% YoY but below the Street's $61.5M... More

Stephens Downgrades CyberArk Software (CYBR) to Equal Weight

July 14, 2017 7:19 AM EDT

Stephens downgraded CyberArk Software (NASDAQ: CYBR) from Overweight to Equal Weight with a price target of $42.00 (from $60.00).

For an analyst ratings summary and ratings history on CyberArk Software click here. For more ratings news on CyberArk Software click here.

Shares of CyberArk Software closed at $51.00 yesterday.

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CyberArk Software (CYBR): Cutting PT And LT Estimates After Negative Preannouncement - Cowen

July 14, 2017 6:26 AM EDT

Cowen analyst, Gregg Moskowitz, reiterated his Market Perform rating on shares of CyberArk Software (NASDAQ: CYBR) and cut the price target to $43 from $53 after the issued a negative preannouncement, with revenue and EPS well below guidance.

The analyst cut 2017 revenue and EPS estimates to $254m... More

UPDATE: CyberArk Software (CYBR) PT Lowered to $48 at Morgan Stanley

July 14, 2017 6:26 AM EDT

(Updated - July 14, 2017 7:46 AM EDT)

(updated to add analyst comment)

Morgan Stanley lowered its price target on CyberArk Software (NASDAQ: CYBR) to $48.00 (from $55.00) while maintaining a Equalweight rating.

Analyst Melissa Franchi says channel checks support healthy demand for privileged access management implying... More

CyberArk Software (CYBR) PT Lowered to $52 at UBS

July 14, 2017 6:24 AM EDT

UBS lowered its price target on CyberArk Software (NASDAQ: CYBR) to $52.00 (from $57.00) while maintaining a Neutral rating.

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CyberArk Software (CYBR) PT Lowered to $55 at Needham & Company

July 14, 2017 6:21 AM EDT

Needham & Company lowered its price target on CyberArk Software (NASDAQ: CYBR) to $55.00 (from $62.00) while maintaining a Buy rating.

Analyst Alex Henderson says he remains a buyer on weakness but will monitor where estimates settle. He states clearly "we were disappointed."

FY 2017 EPS... More

Deutsche Bank Downgrades CyberArk Software (CYBR) to Hold

July 14, 2017 6:17 AM EDT

Deutsche Bank downgraded CyberArk Software (NASDAQ: CYBR) from Buy to Hold with a price target of $45.00 (from $60.00) following the company's negative pre-announcement citing elongated sales cycles for large deals in Europe, namely in the UK.

Analyst Karl Keirstead said the debate will... More

CyberArk Software (CYBR) PT Lowered to $51 at Piper Jaffray

July 14, 2017 6:13 AM EDT

Piper Jaffray lowered its price target on CyberArk Software (NASDAQ: CYBR) to $51.00 (from $61.00) while maintaining a Overweight rating.

Analyst Andrew Nowinski FY 2017 EPS estimate falls from $1.21 to $1.09 and FY 2018 EPS estimate falls from $1.46 to $1.13.

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CyberArk Software (CYBR) PT Lowered to $55 at Stifel

July 14, 2017 6:02 AM EDT

Stifel lowered its price target on CyberArk Software (NASDAQ: CYBR) to $55.00 (from $62.00) while maintaining a Buy rating.

Analyst Gur Talpaz comments on the delays to large deals due to enterprise buyers applying increased level of scrutiny to deals. He comments "increased deal scrutiny... More

CyberArk Software (CYBR) PT Lowered to $56 at Evercore ISI

July 14, 2017 5:59 AM EDT

Evercore ISI lowered its price target on CyberArk Software (NASDAQ: CYBR) to $56.00 (from $60.00) while maintaining a Outperform rating.

Analyst Ken Talanian comments that he believes the company has considerable room to grow within a market growing at 27% CAGR and sees further de-risking driven by... More

CyberArk Software (CYBR) PT Lowered to $53 at JMP Securities

July 14, 2017 5:55 AM EDT

JMP Securities lowered its price target on CyberArk Software (NASDAQ: CYBR) to $53.00 (from $62.00) while maintaining a Market Outperform rating.

Analyst Erik Suppiger took away 3 key points from the earnings call:

Europe has disappointed in both of the past two... More

CyberArk Software (CYBR) PT Lowered to $56 at Goldman Sachs

July 14, 2017 5:32 AM EDT

Goldman Sachs lowered its price target on CyberArk Software (NASDAQ: CYBR) to $56.00 (from $64.00) while maintaining a Buy rating.

Analyst Gabriela Borges says the NT shortfall reduce visibility.

FY 2017 EPS estimate falls from $1.22 to $1.08, FY 2018 EPS estimate falls from $1.60 to $1.35 and FY 2019 EPS estimate falls from $1.90 to $1.60.

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JPMorgan Downgrades CyberArk Software (CYBR) to Neutral

July 14, 2017 5:29 AM EDT

JPMorgan downgraded CyberArk Software (NASDAQ: CYBR) from Overweight to Neutral with a price target of $45.00 (from $63.00).

Analyst Sterling Auty comments that EMEA execution is driving the shortfall in Q2. He says several large deals in the UK and Northern Europe slipped... More

CyberArk Software (CYBR) Q2 Revenue Guidance Misses Views

July 13, 2017 4:08 PM EDT

CyberArk (NASDAQ: CYBR), the company that protects organizations from cyber attacks that have made their way inside the network perimeter, today announced preliminary results for the second quarter ended June 30, 2017.

Based on preliminary information, CyberArk currently expects to report second quarter 2017 preliminary results of:

Total revenue in the range of $57.0 million and $57.5 million compared to the companys previous guidance of total revenue in the range of $61.0 million to $62.0 million.License revenue in the range of $30.0 million and $30.5... More