Latest news with #CYBR
Yahoo
a day ago
- Business
- Yahoo
CyberArk Software Ltd. (CYBR): A Bull Case Theory
We came across a bullish thesis on CyberArk Software Ltd. (CYBR) on Compounding Your Wealth's Substack. In this article, we will summarize the bulls' thesis on CYBR. CyberArk Software Ltd. (CYBR)'s share was trading at $378.95 as of 29th May. CYBR's trailing and forward P/E were 2320 and 99.01 respectively according to Yahoo Finance. Copyright: franckito / 123RF Stock Photo CyberArk delivered a strong first quarter in 2025, reporting total revenue of $317.6 million, representing a 43.3% year-over-year increase and exceeding estimates by 4.1%. Annual Recurring Revenue (ARR) reached $1.215 billion, up nearly 50% year-over-year, driven by $46 million in net new ARR including $5 million from the Zilla Security acquisition. Non-GAAP operating income rose to $57.5 million, with an 18.1% operating margin, while EPS of $0.98 beat expectations by 25.6%. Despite strong cash flow of $95.5 million, free cash flow margin slightly declined due to increased headcount and acquisition spending, with CyberArk ending the quarter with $776 million in cash. Subscription revenue grew 60.4% year-over-year, although subscription gross margin decreased, reflecting investments and integrations related to acquisitions. CyberArk's platform momentum accelerated, with 50% of new customers adopting multiple solutions, and nine of the top ten deals being multi-product, signaling successful cross-selling efforts and deeper platform engagement. The company expanded its identity security capabilities across human, machine, and AI identities, introducing new modules such as Zilla Provision and Comply, Secure Workload Access, and a Secure AI Agent solution to address emerging AI threats. Machine identity growth was notable, with a rapid increase in machine-to-human identity ratio, driven by certificate lifecycle management amid stricter renewal mandates. CyberArk continues to consolidate identity tools for customers amid strong demand and limited competitive pressure. While management took a cautious outlook due to macroeconomic risks, they raised full-year guidance to $1.313–$1.323 billion in revenue, anticipating continued ARR growth, operating leverage, and strong free cash flow expansion as identity, cloud, and AI security converge on their unified platform. For a comprehensive analysis of another standout stock covered by the same author, we recommend reading our summary of their on Snowflake Inc. (SNOW). CyberArk Software Ltd. (CYBR) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 64 hedge fund portfolios held CYBR at the end of the first quarter which was 57 in the previous quarter. While we acknowledge the risk and potential of CYBR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
03-06-2025
- Business
- Yahoo
3 Cybersecurity Stocks to Buy Now for Long-Term Opportunities
Cybersecurity encompasses comprehensive security measures designed to protect systems, networks and programs from digital attacks. These attacks often aim to access, alter, or destroy sensitive information, extort money from users through ransomware, or disrupt the integrity of normal business operations. The widespread adoption of artificial intelligence (AI), IoT devices, and increased digitization across both public and private sectors has heightened vulnerabilities and expanded attack surfaces, necessitating the development of advanced security solutions. This space focuses on companies that offer integrated protection against evolving security threats while simplifying IT security infrastructure. These firms provide solutions to safeguard applications, networks, and cloud computing environments. Their offerings include application-specific integrated circuits, hardware architecture, operating systems, and associated security and networking functions, ensuring robust defenses against cyberattacks. We recommend three cybersecurity stocks for long-term investment purposes to reap maximum benefits. These are CyberArk Software Ltd. CYBR, Okta Inc. OKTA and Qualys Inc. QLYS. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The chart below shows the price performance of our three picks in the past three months. Image Source: Zacks Investment Research Zacks Rank #1 CyberArk Software is benefiting from the rising demand for cybersecurity and privileged access security solutions due to the long list of data breaches and increasing digital transformation strategies. A strong presence across verticals, such as banking, healthcare, government and utilities, is safeguarding CYBR from the adverse effects of softening IT spending. CYBR's strategic mix shift toward software-as-a-service and subscription-based solutions is driving top-line growth. CyberArk is gaining customer accounts, which contributes to its revenues. The vast customer base presents the company with an opportunity to upsell products within its installed user base. Furthermore, in the last few quarters, CYBR has been able to close a significant number of seven-figure deals. The growing number of large deals in the revenue mix is helpful as it increases deferred revenues and visibility. Moreover, any product refresh brings in additional dollars as every enterprise attempts to keep its threat management infrastructure updated. These factors in turn support CYBR's top line. CyberArk Software has an expected revenue and earnings growth rate of 31.9% and 25.1%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 3.6% in the last 30 days. Zacks Rank #2 Okta operates as an identity partner in the United States and internationally. OKTA offers a suite of products and services used to manage and secure identities, such as Single Sign-On, which enables users to access applications in the cloud or on-premises from various also provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization. OKTA's Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data, while API Access Management enables organizations to secure APIs. Access Gateway enables organizations to extend Workforce Identity Cloud, and Okta Device Access enables end users to securely log in to devices with Okta credentials. OKTA has expected revenue and earnings growth rates of 9.4% and 16.4%, respectively, for the current year (ending January 2026). The Zacks Consensus Estimate for current-year earnings has improved 2.5% over the last seven days. Zacks Rank #1 Qualys is benefiting from the increasing demand for cloud-based cybersecurity solutions amid growing cyber threats and digital transformation initiatives. With a diverse customer base that includes enterprises, SMBs and government entities, QLYS maintains a balanced customer mix, which keeps it resilient against fluctuations in IT spending. QLYS' continued innovation and focus on expanding product capabilities position it well to navigate market challenges and sustain long-term growth despite potential macroeconomic disruptions. A continuous increase in Vulnerability Management, Detection and Response to customer penetration is an upside. Qualys' strategic acquisitions are pivotal in driving its growth trajectory. Since its inception, the company has acquired seven companies, of which Blue Hexagon was acquired in November 2022. Blue Hexagon's AI/ML capabilities enhanced QLYS' threat detection and response solutions, bolstering its cybersecurity offerings. Qualys has expected revenue and earnings growth rates of 7.3% and 0.7%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 0.7% over the last seven days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Qualys, Inc. (QLYS) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Okta, Inc. (OKTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
02-06-2025
- Business
- Yahoo
5 Momentum Picks to Tap Market Rally in June After an Impressive May
Wall Street saw an impressive rally in May after severe volatility in the previous two months. The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — were up 3.9%, 6.2% and 9.6%, respectively. The tech-heavy Nasdaq Composite and the broad-market index, the S&P 500, recorded their best months since November 2023. May's investor optimism was primarily driven by expectations of a U.S.-China trade deal, the delay by the Trump administration to impose 50% tariffs on the European Union and the ongoing negotiations related to tariff and trade policies with several other major trading partners of the United Conference Board's consumer confidence index rebounded in May. Similarly, the University of Michigan's consumer sentiment index came in better than expected last month. At this stage, it will be prudent to invest in stocks with a favorable Zacks Rank that have momentum in June. Five such stocks are: CyberArk Software Ltd. CYBR, Kinross Gold Corp. KGC, NatWest Group plc NWG, Ryanair Holdings plc RYAAY and Paylocity Holding Corp. PCTY. Each of the stocks sports a Zacks Rank #1 (Strong Buy) at present and has a Zacks Momentum Score of A. You can see the complete list of today's Zacks #1 Rank stocks here. The chart below shows the price performance of our five picks in the past month. Image Source: Zacks Investment Research CyberArk Software is benefiting from the rising demand for cybersecurity and privileged access security solutions due to the long list of data breaches and increasing digital transformation strategies. A strong presence across verticals, such as banking, healthcare, government and utilities, is safeguarding CYBR from the adverse effects of softening IT spending. CYBR's strategic mix shift toward software-as-a-service and subscription-based solutions is driving top-line growth. CyberArk is gaining customer accounts, which contributes to its revenues. The vast customer base presents the company with an opportunity to upsell products within its installed user base. Furthermore, in the last few quarters, CYBR has been able to close a significant number of seven-figure deals. The growing number of large deals in the revenue mix is helpful as it increases deferred revenues and visibility. Moreover, any product refresh brings in additional dollars as every enterprise attempts to keep its threat management infrastructure updated. These factors in turn support CYBR's top line. CyberArk Software has an expected revenue and earnings growth rate of 31.9% and 25.1%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 3.6% in the last 30 days. Kinross Gold has a strong production profile and boasts a promising pipeline of exploration and development projects. These projects are expected to boost production and cash flow and deliver significant value. KGC is focusing on organic growth through its Tasiast mine, where the Phase One expansion boosted production capacity, and the Tasiast 24K expansion increased throughput and production. KGC's Manh Choh project at Fort Knox is expected to extend operations and benefit from higher gold prices. The Great Bear project in Ontario also offers a promising long-term opportunity with substantial gold resources. Higher gold prices should also boost KGC's profitability and drive cash flow generation. Kinross Gold has an expected revenue and earnings growth rate of 15.3% and 63.2%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.8% over the last seven days. NatWest Group provides banking and financial products and services to personal, commercial, corporate and institutional customers in the United Kingdom and internationally. NWG operates through the Retail Banking, Private Banking, and Commercial & Institutional segments. NWG provides personal and business banking, consumer loans, asset and invoice finances, commercial and residential mortgages, credit cards and financial planning services, as well as life, personal and income protection insurance. NatWest Group has an expected revenue and earnings growth rate of 20.1% and 17.3%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 6.8% over the last 30 days. Ryanair Holdings provides scheduled-passenger airline services in Ireland, the United Kingdom, Spain, Italy, and internationally. RYAAY's measures to expand its fleet, to cater to rising travel demand, look encouraging. RYAAY's top line continues to benefit from the resurgent travel scenario. The carrier flew more than 200 million passengers in its fiscal year ending March 2025, becoming the first European carrier to do so in a year. RYAAY's measures to expand its fleet, to cater to the rising travel demand, look encouraging. RYAAY is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise, and markets car hire, travel insurance, and accommodation services through its website and mobile app. Ryanair Holdings has an expected revenue and earnings growth rate of 10.4% and 30.5%, respectively, for the current year (ending March 2025). The Zacks Consensus Estimate for current-year earnings has improved 2% over the last 30 days. Paylocity Holding's third-quarter fiscal 2025 revenues benefited from an innovative product portfolio. PCTY's growth is driven by its comprehensive suite of cloud-based Human Capital Management and payroll software solutions tailored for mid-sized businesses. Solid investment in research and development has led to strong product differentiation, enhancing PCTY's competitive position in the market. PCTY's recurring revenue model, which provides financial stability and predictability, is driven by high client satisfaction and low churn rates, reflecting its commitment to delivering value to its customers. For fiscal 2025, PCTY projects total revenues between $1.58 billion and $1.585 billion, implying 13% growth from the year-ago quarter's actual. Paylocity Holding has an expected revenue and earnings growth rate of 12.9% and 6.7%, respectively, for the current year (ending June 2025). The Zacks Consensus Estimate for current-year earnings has improved 5.4% over the last 30 days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ryanair Holdings PLC (RYAAY) : Free Stock Analysis Report Kinross Gold Corporation (KGC) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Paylocity Holding Corporation (PCTY) : Free Stock Analysis Report NatWest Group plc (NWG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
CyberArk to Report Q1 Earnings: Is a Beat in Store for the Stock?
CyberArk Software Ltd. CYBR is likely to beat expectations when it reports first-quarter 2025 results on May 13, after market close. The company forecasts first-quarter non-GAAP earnings per share in the range of 74-81 cents. The consensus mark is pegged at 79 cents per share, implying a year-over-year decline of 5.3%. CyberArk's earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 82.8%. (Find the latest earnings estimates and surprises on Zacks Earnings Calendar.) The cybersecurity firm projects revenues between $301 million and $307 million. The Zacks Consensus Estimate is pegged at $305.7 million, suggesting year-over-year growth of 39%. Let's see how things have shaped up for this announcement. CyberArk Software Ltd. price-eps-surprise | CyberArk Software Ltd. Quote CyberArk's first-quarter performance is likely to have benefited from growing demand for privileged access security and broader cybersecurity solutions. This demand is being driven by the rise in data breaches and accelerated digital transformation initiatives. The expanding use of cloud computing and cost-efficient resource-sharing models has further underscored the need for robust security tools and policies. As a result, organizations appear to be allocating larger portions of their IT budgets toward cybersecurity. CyberArk is taking advantage of this trend through its core strength in privileged access management solutions, which help businesses control, secure and monitor high-level account access. The company's ongoing shift toward a software-as-a-service and subscription-based model is expected to have supported revenue growth in the quarter. Our model estimate for Subscription revenues in the first quarter is pegged at $240.7 million, suggesting a year-over-year increase of 54.1%. Meanwhile, Perpetual License revenues are estimated at $2.1 million, reflecting a 29.8% decline as CyberArk continues phasing out this model in favor of recurring revenues. Revenues from Maintenance and Professional Services are forecasted at $62.2 million per our model, down slightly by 0.2% year over year, likely stabilized by strong renewal rates. Per our model estimates, annual recurring revenues are expected to hit $1.03 billion in the quarter. Of this, Subscription services are projected to contribute $847.5 million, while Maintenance and Professional Services may account for $182.7 million. However, despite strong product demand, CyberArk is not immune to broader macroeconomic challenges. Slower IT spending, delayed contract signings and general uncertainty in the tech sector are likely to have weighed on the company's overall revenue growth during the quarter. Our proven model predicts an earnings beat for CyberArk this earnings season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is exactly the case here. CYBR's Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate (82 cents per share) and the Zacks Consensus Estimate (79 cents per share), is +3.90%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. CyberArk's Zacks Rank: CYBR carries a Zacks Rank #3 at present. Per our model, Nutanix NTNX, Autodesk ADSK and Workday WDAY also have the right combination of elements to post an earnings beat in their upcoming releases. Nutanix has an Earnings ESP of +0.44% and carries a Zacks Rank #3 at present. You can see the complete list of today's Zacks #1 Rank stocks here. It is set to report third-quarter fiscal 2025 results on May 28. The Zacks Consensus Estimate for Nutanix's third-quarter earnings is pegged at 38 cents per share and has remained unchanged over the past 60 days. The consensus mark indicates a year-over-year increase of 35.7%. Nutanix shares have gained 10.2% over the past year. Autodesk is set to report first-quarter fiscal 2026 results on May 22. It has an Earnings ESP of +0.51% and carries a Zacks Rank #3 at present. The Zacks Consensus Estimate for Autodesk's first-quarter earnings per share is pegged at $2.14 cents, remained unchanged over the past 60 days and indicates year-over-year growth of 14.4%. Shares of Autodesk have rallied 33% over the past year. Workday is set to report first-quarter fiscal 2025 results on May 22. It has an Earnings ESP of +2.24% and carries a Zacks Rank #3 at present. The Zacks Consensus Estimate for Workday's first-quarter earnings is pegged at $1.99 per share, revised a penny upward over the past 60 days, indicating an increase of 14.4% from the year-ago quarter's reported figure. Shares of Workday have gained 4.8% over the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Autodesk, Inc. (ADSK) : Free Stock Analysis Report Workday, Inc. (WDAY) : Free Stock Analysis Report CyberArk Software Ltd. (CYBR) : Free Stock Analysis Report Nutanix (NTNX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
13-05-2025
- Business
- Yahoo
CyberArk: Q1 Earnings Snapshot
PETACH-TIKVA, Israel (AP) — PETACH-TIKVA, Israel (AP) — CyberArk Software Ltd. (CYBR) on Tuesday reported first-quarter net income of $11.5 million. On a per-share basis, the Petach-Tikva, Israel-based company said it had profit of 22 cents. Earnings, adjusted for one-time gains and costs, came to 98 cents per share. The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share. The maker of software that detects attacks on privileged accounts posted revenue of $317.6 million in the period, also exceeding Street forecasts. Thirteen analysts surveyed by Zacks expected $305.7 million. For the current quarter ending in June, CyberArk expects its per-share earnings to range from 74 cents to 81 cents. The company said it expects revenue in the range of $312 million to $318 million for the fiscal second quarter. CyberArk expects full-year earnings in the range of $3.73 to $3.85 per share, with revenue ranging from $1.31 billion to $1.32 billion. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on CYBR at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
