
CyberArk Software (CYBR) Stock Forecast & Price Target
CyberArk Software (CYBR) Analyst Ratings
Bulls say
CyberArk Software has demonstrated strong financial performance, with record highs in subscription and total Net New Annual Recurring Revenue (NNARR), increasing by approximately 20-30% year-over-year. The company reported impressive quarterly figures, achieving revenue of $342.8 million, operational profit of $64.8 million, and earnings per share of $1.20, all surpassing expectations and illustrating a 24% year-over-year growth, excluding the impact of its transition to a subscription model. Additionally, CyberArk's successful shift to a recurring-revenue model is likely to foster long-term revenue stability and growth, which is particularly supported by its extensive customer base, including over half of the Fortune 500.
Bears say
The financial outlook for CyberArk Software is negatively impacted by the potential for customer migration towards all-in-one identity platforms, which could challenge the company’s ability to innovate and retain its market position. The transition to a subscription recurring-revenue model from a traditional licensing model poses a risk of lower upfront revenue recognition, which may adversely affect both overall revenue and profit margins in the near term. Furthermore, the company faces significant reputational risks if its cybersecurity solutions fail to prevent breaches, which could lead to substantial damages for clients and further hamper brand integrity.
This aggregate rating is based on analysts' research of CyberArk Software and is not a guaranteed prediction by Public.com or investment advice.
CyberArk Software (CYBR) Analyst Forecast & Price Prediction
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