CyberArk Software Ltd. (CYBR)
NASDAQ: CYBR · IEX Real-Time Price · USD
270.65
+0.98 (0.36%)
At close: Jul 2, 2024, 4:00 PM
270.64
-0.01 (0.00%)
After-hours: Jul 2, 2024, 7:56 PM EDT
CyberArk Software Stock Forecast
Stock Price Forecast
The 27 analysts with 12-month price forecasts for CyberArk Software stock have an average target of 266.11, with a low estimate of 175 and a high estimate of 317. The average target predicts a decrease of -1.68% from the current stock price of 270.65.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CYBR stock from 27 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 12 | 14 | 14 | 14 | 14 |
| Buy | 12 | 12 | 12 | 12 | 12 | 12 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 26 | 25 | 27 | 27 | 27 | 27 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Reiterates $300 | Strong Buy | Reiterates | $300 | +10.84% | Jun 25, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $300 | Buy | Reiterates | $300 | +10.84% | Jun 21, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $310 | Buy | Reiterates | $310 | +14.54% | Jun 17, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $300 → $280 | Strong Buy | Maintains | $300 → $280 | +3.45% | Jun 4, 2024 |
| Needham | Needham | Strong Buy Reiterates $310 | Strong Buy | Reiterates | $310 | +14.54% | May 24, 2024 |
Financial Forecast
Revenue This Year
953.75M
from 751.89M
Increased by 26.85%
Revenue Next Year
1.17B
from 953.75M
Increased by 22.25%
EPS This Year
2.07
from -1.60
EPS Next Year
3.33
from 2.07
Increased by 61.39%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 993.3M | 1.3B | 2.1B | 1.8B | 2.1B |
| Avg | 953.8M | 1.2B | 1.5B | 1.7B | 2.0B |
| Low | 906.3M | 1.1B | 1.3B | 1.7B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 32.1% | 31.4% | 82.4% | 19.4% | 21.5% |
| Avg | 26.8% | 22.3% | 28.4% | 16.0% | 18.0% |
| Low | 20.5% | 13.0% | 9.3% | 11.5% | 13.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.36 | 4.30 | 5.33 | 6.39 | 8.09 |
| Avg | 2.07 | 3.33 | 4.55 | 6.21 | 7.85 |
| Low | 1.75 | 2.72 | 3.81 | 5.97 | 7.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 108.3% | 60.0% | 40.5% | 30.2% |
| Avg | - | 61.4% | 36.5% | 36.5% | 26.4% |
| Low | - | 31.9% | 14.4% | 31.2% | 21.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.