CyberArk Announces Strong Fourth Quarter and Full Year 2023 Results

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JMP Securities on CyberArk Software (CYBR) Post Earnings: 'Shares Still Have Upside Here'

February 9, 2024 4:08 AM EST

JMP Securities analyst Trevor Walsh reiterated a Market Outperform rating and $280.00 price target on CyberArk Software (NASDAQ: CYBR)

The analyst comments "We reiterate our Market Outperform rating and $280 price target after CyberArk Software reported solid 4Q23 and full-year 2023 results, with quarterly revenue of... More

CyberArk Software (CYBR) PT Raised to $300 at Truist Securities, 'Firing on All Cylinders'

February 8, 2024 3:11 PM EST

Truist Securities analyst Junaid Siddiqui raised the price target on CyberArk Software (NASDAQ: CYBR) to $300.00 (from $250.00) while maintaining a Buy rating.

The analyst comments "CYBR delivered impressive execution in 4Q23 with upside to our and Street expectations for ARR, its key... More

DA Davidson Impressed with CyberArk Software (CYBR): 'Strong Q4 Closes A Banner Year'

February 8, 2024 2:12 PM EST

DA Davidson analyst Rudy Kessinger raised the price target on CyberArk Software (NASDAQ: CYBR) to $300.00 (from $215.00) while maintaining a Buy rating.

The analyst comments "CYBR crushed Q4 & gave a strong initial CY24 outlook. ARR was $774M vs. cons. of $764.1M & was +36% Y/Y. More... More

Stifel Out Positive on CyberArk Software (CYBR): 'We believe valuation is attractive and shares can see multiple expansion'

February 8, 2024 2:09 PM EST

Stifel analyst Adam C. Borg raised the price target on CyberArk Software (NASDAQ: CYBR) to $294.00 (from $210.00) while maintaining a Buy rating.

The analyst comments "CyberArk delivered another strong print and guide, with better-than-expected F4Q23 ARR (+36%-Y/Y above consensus at... More

CyberArk Software (CYBR) rises as earnings, revenue top expectations

February 8, 2024 9:13 AM EST

CyberArk Software (NASDAQ: CYBR) shares are up almost 7% premarket Thursday after the company's latest quarterly earnings release topped fourth-quarter consensus expectations.

The company's Q4 EPS came in at $0.81, $0.34 better than the analyst estimate of $0.47, while revenue for the quarter was $223.1 million, up 32% year-on-year... More