CyberArk Software

CyberArk Software Ltd. engages in the development, market, and sale of access security software solutions. The firm's products include Privilege, Access, and DevSecOps. It offers its products and services to banking, insurance, healthcare, and federal industries. The company was founded by Udi Mokady and Alon Cohen in 1999 and is headquartered in Petah Tikva, Israel.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

CyberArk Software posts robust Q4 results and eyes sustained growth

CyberArk Software reported strong Q4 performance and outlined a positive outlook for 2023, driven by robust financial results and strategic initiatives.
The company's focus on scaling, expanding into new markets, and leveraging innovative solutions positions it for continued growth and market leadership.
While facing challenges such as pricing adjustments and macro uncertainties, CyberArk remains confident in its ability to navigate the evolving landscape and drive profitability.
Opportunities in Access Management, machine identity, and channel partnerships offer avenues for growth and differentiation, reinforcing CyberArk's market position.

CyberArk reports robust Q1 growth, eyes $1B ARR milestone

CyberArk Software delivered strong financial performance in Q1 2023, driven by robust subscription growth and a focus on operational excellence.
While facing challenges like longer sales cycles and competition, the company remains confident in its unique value proposition and growth strategies.
With a clear focus on scaling efficiently, expanding its platform, and leveraging partnerships, CyberArk is well-positioned for future success and profitability.

CyberArk reports robust Q2 performance amidst cybersecurity spending surge

CyberArk Software's Q2 performance showcased strong financial growth and customer traction, with a focus on Identity Security and platform innovation.
While facing challenges in maintenance ARR decline, the company sees opportunities in the MSP market and increased cybersecurity spending.
Overall, CyberArk remains well-positioned for growth through customer conversions, cross-selling, and strategic M&A initiatives.

CyberArk exceeds Q3 guidance, focuses on security amid breaches

CyberArk Software excelled in Q3, surpassing guidance with strong revenue growth and a focus on identity security amidst high-profile breaches.
The company's platform selling motion gained traction, driving revenue and market presence, with a strategy to convert customers to SaaS gradually for expansion.
While facing challenges of potential maintenance revenue reductions, CyberArk remains confident in long-term targets, balancing profitability, growth, and customer security.
Opportunities lie in leveraging the strong market environment, expanding revenue through upsell strategies, and maximizing customer security and well-being for sustained growth.

CyberArk excels in Q4 with record subscription growth and strategic focus

CyberArk Software's strong financial performance, customer-centric approach, and strategic focus on innovation position the company for continued success and growth.
Challenges in workforce security, customer migrations, and solution integrations require careful navigation and execution to capitalize on growth opportunities.
Opportunities in customer base expansion, cloud security solutions, and channel partnerships offer avenues for revenue growth, market expansion, and enhanced customer value.

CyberArk surpasses Q1 expectations, eyes growth in cloud security

CyberArk Software delivered strong Q1 results, exceeding expectations with robust financial performance and profitability, driven by subscription ARR and total revenue growth.
The company's focus on identity security, EPM business expansion, and strategic marketing efforts position it well for future growth and market leadership in cybersecurity.
While facing challenges in conversion timelines and operational adjustments, CyberArk remains optimistic about opportunities in cloud security, SaaS business, and federal market expansion.
With a strong foundation in place, CyberArk's emphasis on innovation, customer value, and market expansion sets the stage for continued success and leadership in identity security.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The latest trading day saw CyberArk (CYBR) settling at $274.36, representing a -1.91% change from its previous close.

CyberArk (CYBR) Stock Slides as Market Rises: Facts to Know Before You Trade

BOULDER, Colo.--(BUSINESS WIRE)-- #CloudIAM--Session will explain how Identity Orchestration simplifies migration and ensures a smooth transition to modern identity without code changes.

Strata Identity and CyberArk to Host Webinar on Transforming Legacy Identity by Embracing Modern IAM

BOSTON--(BUSINESS WIRE)--Venafi, a CyberArk company, today introduced new product capabilities in its Control Plane for Machine Identities.

Venafi Unveils New Product Capabilities to Help Organizations Prepare for a Multi-Cloud and Post-Quantum Future

Here is how CyberArk (CYBR) and Arteris, Inc. (AIP) have performed compared to their sector so far this year.

Is CyberArk Software (CYBR) Outperforming Other Computer and Technology Stocks This Year?

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced the successful completion of its acquisition of Venafi, a leader in machine identity management, from Thoma Bravo. This acquisition enables CyberArk to further deliver on its vision to secure every identity – human and machine – with the right level of privilege controls. Together, CyberArk and Venafi will build end-to-end machine identity security solutions that help o.

CyberArk Completes Acquisition of Machine Identity Management Leader Venafi

CyberArk is up 192% since our initiation with a buy rating in mid-2020, outperforming the S&P 500 comfortably. We maintain our buy here. We expect continued ARR growth as CyberArk consolidates higher identity spending, and see room for top-line expansion from the upselling and cross-selling new solutions. Additionally, CyberArk's acquisition of Venafi should enhance its position in the identity security market, further solidifying its dominance.

CyberArk: Don't Dismiss The 'PAM' Opportunity

CyberArk has protected its core business from new entrants and moved into a new market with a bold acquisition.

Battle-Tested CyberArk Protects Core Business, Expands Into Machine Identity Market

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today marks the 10th anniversary of its Initial Public Offering (IPO) on the NASDAQ. The company will celebrate the occasion by ringing the Opening Bell at the NASDAQ Stock Exchange at 9:30 a.m. EDT on Tuesday, September 24. CyberArk CEO Matt Cohen and Udi Mokady, CyberArk's founder and executive chairman, will be joined by members of the company's executive leadership team, board of d.

CyberArk Celebrates 10 Year Anniversary of Its Initial Public Offering

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why CyberArk (CYBR) is a Strong Momentum Stock

CyberArk Software Ltd CYBR appears poised to "consolidate identity spending and maintain durable and increasingly profitable growth," according to RBC Capital Markets analyst Matthew Hedberg.

CyberArk Software Will 'Maintain Profitable Growth,' Says Bullish Analyst

CyberArk (CYBR) concluded the recent trading session at $271.23, signifying a +1.19% move from its prior day's close.

Here's Why CyberArk (CYBR) Gained But Lagged the Market Today

CyberArk (CYBR) closed at $271.53 in the latest trading session, marking a -0.45% move from the prior day.

CyberArk (CYBR) Stock Drops Despite Market Gains: Important Facts to Note

RALEIGH, N.C.--(BUSINESS WIRE)--Digital.ai, an industry-leading technology company helping Global 5000 enterprises automate software delivery through its AI-powered DevSecOps platform, today announced a significant milestone, achieving the Red Hat OpenShift Operator Certification for its Digital.ai Release and Deploy operators. The Company's continuous delivery solution, Digital.ai Release, and its deployment solution, Digital.ai Deploy, are now featured as certified OpenShift operators in Oper.

Digital.ai Achieves Red Hat OpenShift Operator Certification for its Release and Deploy Solutions

BOSTON & MONTREAL--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced that Grass Valley, a leading media technology provider for the media and entertainment industry, will offer Wasabi's low-cost, high-performance cloud storage within AMPP. Grass Valley customers can now purchase and easily use Wasabi cloud storage within AMPP to enable efficient and flexible media production workflows for live event content creation, management, and distribution. Media and ent.

Wasabi Technologies Joins Forces with Grass Valley as Cloud Storage Provider of Choice to Enable Streamlined Media Archiving for Live Events

CyberArk's expanding partner base aids its top line. However, softening IT spending by enterprise customers is a major concern.

CYBR Boosts Offerings With Partnerships: What Should Investors Do?

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Privileged Access Management.1 CyberArk is positioned as a Leader for the sixth consecutive time and is positioned furthest in Completeness of Vision, which evaluates vendors on offering (product) strategy, innovation and market understanding among other evaluation criteria. With 93% of organizations su.

CyberArk Named a Leader in the 2024 Gartner® Magic Quadrant™ for Privileged Access Management

SUNNYVALE, Calif. & NEWTON, Mass.--(BUSINESS WIRE)--Proofpoint, Inc., a leading cybersecurity and compliance company, and CyberArk (NASDAQ: CYBR), the identity security company, today announced an extended strategic collaboration, working together to help organizations around the world secure identities everywhere. Supporting this joint aim, the expanded partnership includes the launch of new integrations and solutions to address critical cyber challenges. Securing Identities Across the Enterpr.

Proofpoint and CyberArk Expand Strategic Partnership to Comprehensively Secure Identities in Hybrid and Multi-Cloud Environments

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), The identity security company, today announced that Technological University Dublin (TU Dublin) has implemented the CyberArk Identity Security Platform to enhance the security of privileged identities in their high-risk hybrid environment. TU Dublin is Ireland's first technological university, established in 2019 and with nearly 30,000 students. It was formed when three pre-existing institutes of technology merged,.

Technological University Dublin Implements New Identity Security Approach in Hybrid Environment Using CyberArk

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)---- $CYBR #identitysecurity--CyberArk (NASDAQ: CYBR), the identity security company, today announced that one of India's leading financial institutions, RBL Finserve, has chosen the CyberArk Identity Security Platform to boost cyber resilience, safeguard customer data and ensure business continuity in the face of a rapidly evolving threat landscape. Through a network of over 1000 branches, RBL Finserve provides financial services for millions of customers, with an espe.

RBL Finserve Protects Growing Number of Identities In Multi-Cloud Environment with CyberArk

Why CyberArk (CYBR) is a Top Momentum Stock for the Long-Term

CyberArk (CYBR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

CyberArk Software Ltd. (CYBR) Hits Fresh High: Is There Still Room to Run?

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), The identity security company, today announced that it has earned the Trusted Cloud Provider trustmark from the Cloud Security Alliance (CSA), the world's leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment. The Trusted Cloud Provider trustmark helps organizations to identify providers that have invested to achieve the highest standar.

CyberArk Named Trusted Cloud Provider by Cloud Security Alliance

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Wall Street Analysts See CyberArk (CYBR) as a Buy: Should You Invest?

Does CyberArk (CYBR) have what it takes to be a top stock pick for momentum investors? Let's find out.

CyberArk (CYBR) Is Up 2.30% in One Week: What You Should Know

CyberArk reported its 2Q24 results and outlook, confirming my belief that the company would be better positioned to outperform in 2HFY24, with management beating estimates and raising FY guidance. Management's focus on profitability should continue to pay off with more leverage in their financial model, foreshadowing more positives for subscription revenue and ARR growth. I see a window for better top-line growth in 2H24, as the Fed is expected to cut interest rates in September, benefiting CYBR's exposure to the banking and finance vertical.

News for CyberArk Software Stock (CYBR)