CyberArk Software Ltd. (CYBR)
NASDAQ: CYBR · IEX Real-Time Price · USD
235.98
-3.99 (-1.66%)
Apr 17, 2024, 4:00 PM EDT - Market closed

CyberArk Software Stock Forecast

Stock Price Forecast

The 27 analysts with 12-month price forecasts for CyberArk Software stock have an average target of 251.19, with a low estimate of 175 and a high estimate of 317. The average target predicts an increase of 6.45% from the current stock price of 235.98.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $175 $251.19 $260 $317
Change -25.84% +6.45% +10.18% +34.33%

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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111213121414
Buy 101212121212
Hold 211111
Sell 000000
Strong Sell 000000
Total 232526252727

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$300
Buy Reiterates $300 +27.13% Apr 17, 2024
BTIG
BTIG
Strong Buy
Initiates
$317
Strong Buy Initiates $317 +34.33% Mar 28, 2024
B of A Securities
B of A Securities
Strong Buy
Maintains
$300$315
Strong Buy Maintains $300$315 +33.49% Mar 15, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$300
Buy Reiterates $300 +27.13% Feb 29, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$300
Buy Reiterates $300 +27.13% Feb 12, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
945.85M
from 751.89M
Increased by 25.80%
Revenue Next Year
1.16B
from 945.85M
Increased by 22.43%
EPS This Year
1.79
from -1.60
EPS Next Year
3.39
from 1.79
Increased by 89.33%
Year 201920202021202220232024202520262027
Revenue
433.90M464.43M502.92M591.71M751.89M945.85M1.16B1.45B1.74B
Revenue Growth
26.43%7.04%8.29%17.66%27.07%25.80%22.43%25.56%19.46%
EPS
1.62-0.15-2.12-3.21-1.601.793.394.71-
EPS Growth
27.56%-----89.33%39.00%-
No. Analysts -----323173
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 986.0M 1.2B 1.7B 1.8B
Avg 945.9M 1.2B 1.5B 1.7B
Low 905.8M 1.1B 1.3B 1.7B

Revenue Growth

Revenue Growth 2024202520262027
High
31.1%
30.3%
46.5%
23.0%
Avg
25.8%
22.4%
25.6%
19.5%
Low
20.5%
12.0%
13.7%
14.8%

EPS Forecast

EPS 202420252026
High 2.02 4.32 5.26
Avg 1.79 3.39 4.71
Low 1.67 2.80 4.13

EPS Growth

EPS Growth 202420252026
High -
141.0%
55.2%
Avg -
89.3%
39.0%
Low -
56.5%
21.9%
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.