CyberArk Software Ltd (CYBR) stock price forecast predicts $339.36 value

A share price of CyberArk Software Ltd [CYBR] is currently trading at $375.50, up 4.46%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CYBR shares have gain 5.60% over the last week, with a monthly amount glided 17.12%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

CyberArk Software Ltd [NASDAQ: CYBR] stock has seen the most recent analyst activity on October 21, 2024, when Scotiabank initiated its Sector Outperform rating and assigned the stock a price target of $340. Previously, Cleveland Research started tracking the stock with Buy rating on October 18, 2024, and set its price target to $390. On September 20, 2024, RBC Capital Mkts initiated with a Outperform rating and assigned a price target of $328 on the stock. BTIG Research started tracking the stock assigning a Buy rating and suggested a price target of $317 on March 28, 2024. Morgan Stanley downgraded its rating to Equal-Weight for this stock on January 09, 2024, and upped its price target to $240. In a note dated December 15, 2023, Susquehanna initiated an Positive rating and provided a target price of $255 on this stock.

CyberArk Software Ltd experienced fluctuations in its stock price throughout the past year between $223.09 and $366.48. Currently, Wall Street analysts expect the stock to reach $339.36 within the next 12 months. CyberArk Software Ltd [NASDAQ: CYBR] shares were valued at $375.50 at the most recent close of the market. An investor can expect a potential drop of -9.62% based on the average CYBR price forecast.

Analyzing the CYBR fundamentals

Trailing Twelve Months sales for CyberArk Software Ltd [NASDAQ:CYBR] were 909.46M which represents 25.55% growth. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.44.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 363.58 points at the first support level, and at 351.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 381.64, and for the 2nd resistance point, it is at 387.77.

Ratios To Look Out For

To put it in perspective, the Current Ratio for CyberArk Software Ltd [NASDAQ:CYBR] is 1.73. As well, the Quick Ratio is 1.73, while the Cash Ratio is 1.1. Considering the valuation of this stock, the price to sales ratio is 20.35, the price to book ratio is 13.17 and price to earnings (TTM) ratio is 1610.90.

Transactions by insiders

Recent insider trading involved MARIA EDUARDA SAMPAIO CAMACHO, Officer, that happened on Jan 15 ’25 when 2071.0 shares were purchased. Officer, OMER GROSSMAN completed a deal on Dec 18 ’24 to buy 5122.0 shares. Meanwhile, Director EHUD MOKADY bought 1380.0 shares on Dec 16 ’24.

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