CyberArk Announces Strong Second Quarter 2024 Results
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August 9, 2024 5:52 AM EDT
BofA Securities analyst Tal Liani raised the price target on CyberArk Software (NASDAQ: CYBR) to $335.00 (from $315.00) while maintaining a Buy rating.
The analyst comments "2Q results beat Street estimates and management raised guidance across the board, as demand for identity security remains... More
August 8, 2024 4:09 PM EDT
BTIG analyst Gray Powell raised the price target on CyberArk Software (NASDAQ: CYBR) to $310.00 (from $296.00) while maintaining a Buy rating.
The analyst comments "CYBR delivered strong FQ224 results and the updated outlook for 2024 was better than expected. Most notably, CYBR reported Q2 ARR of $868MM / +33% y/y... More
August 8, 2024 7:05 AM EDT
CyberArk Software (NASDAQ: CYBR) reported Q2 EPS of $0.54, $0.14 better than the analyst estimate of $0.40. Revenue for the quarter came in at $224.7 million versus the consensus estimate of $219.07 million.
GUIDANCE:
CyberArk Software sees Q3 2024 EPS of $0.38-$0.49, versus the consensus of... More
