CyberArk Software Ltd. (CYBR)
NASDAQ: CYBR · Real-Time Price · USD
285.73
-2.02 (-0.70%)
Oct 29, 2024, 4:00 PM EDT - Market closed
CyberArk Software Stock Forecast
Stock Price Forecast
The 29 analysts with 12-month price forecasts for CyberArk Software stock have an average target of 304.69, with a low estimate of 210 and a high estimate of 360. The average target predicts an increase of 6.64% from the current stock price of 285.73.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CYBR stock from 29 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 14 | 14 | 14 | 14 | 13 | 12 |
| Buy | 12 | 12 | 11 | 13 | 13 | 16 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 27 | 27 | 26 | 28 | 27 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $300 → $335 | Buy | Maintains | $300 → $335 | +17.24% | Oct 29, 2024 |
| Baird | Baird | Buy Maintains $315 → $355 | Buy | Maintains | $315 → $355 | +24.24% | Oct 24, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $310 → $360 | Buy | Maintains | $310 → $360 | +25.99% | Oct 22, 2024 |
| Scotiabank | Scotiabank | Buy Initiates $340 | Buy | Initiates | $340 | +18.99% | Oct 21, 2024 |
| Keybanc | Keybanc | Buy Maintains $310 → $340 | Buy | Maintains | $310 → $340 | +18.99% | Oct 18, 2024 |
Financial Forecast
Revenue This Year
958.34M
from 751.89M
Increased by 27.46%
Revenue Next Year
1.17B
from 958.34M
Increased by 22.09%
EPS This Year
2.35
from -1.60
EPS Next Year
3.42
from 2.35
Increased by 45.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 999.7M | 1.3B | 1.7B | ||
| Avg | 958.3M | 1.2B | 1.4B | ||
| Low | 918.1M | 1.1B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 33.0% | 30.4% | 45.0% | ||
| Avg | 27.5% | 22.1% | 22.9% | ||
| Low | 22.1% | 12.5% | 8.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.52 | 4.21 | 5.33 | ||
| Avg | 2.35 | 3.42 | 4.65 | ||
| Low | 2.17 | 2.70 | 3.92 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 79.4% | 56.0% | ||
| Avg | - | 45.7% | 36.1% | ||
| Low | - | 14.8% | 14.7% |
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.