Summary
CyberArk Software (CYBR) has shown strong technical indicators, gaining 21.97% since a Trend Seeker buy signal on 12/31, and is above key moving averages.
The company provides comprehensive identity security solutions, serving diverse industries globally, with strong revenue and earnings growth expected in the coming years.
Analysts are bullish, with 27 strong buy ratings and price targets ranging from $303 to $500, reflecting confidence in CYBR's future performance.
Despite its high P/E ratio, CYBR's impressive earnings and revenue growth, along with positive analyst sentiment, make it a compelling investment opportunity.
The Chart of the Day belongs to a leading global provider of identity security solutions CyberArk Software (CYBR) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 12/31 the stock gained 21.97%.
CYBR Price vs Daily Moving Averages:
CYBR (Barchart)
CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints. The company also provides workforce identity, which offers adaptive multi-factor authentication (MFA), single sign-on, secure web sessions, workforce password management, application gateway, identity lifecycle management, and directory services; and customer identity services that provides authentication and authorization services, MFA, directory, and user management. In addition, it offers Secrets Manager Credential Providers to provide and manage the credentials used by third-party solutions; Conjur Enterprise and Conjur Cloud, which offers a secrets management solution for specific requirements; Secrets Hub, a centralized visibility and management platform; Cloud Security solutions; Identity Management solutions, including lifecycle management, identity flows, identity compliance, and directory services; and Secure Browser. The company serves financial services, manufacturing, insurance, healthcare, energy and utilities, transportation, retail, technology, and telecommunications industries; and government agencies. The company was incorporated in 1996 and is headquartered in Petah Tikva, Israel.
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart Technical Indicators:
- 100% technical buy signals
- 74.13+ Weighted Alpha
- 56.17% gain in the last year
- 1.15 - 60 month Beta
- Trend Seeker buy signal
- Above its 20, 50 and 100 day moving averages
- 15 new highs and up 15.47% in the last month
- Relative Strength Index 72.42%
- Technical support level at $404.39
- Recently traded at $409.39 with 50 day moving average of $348.65
Fundamental Factors:
- Market Cap $18 billion
- P/E 3,766.45
- Revenue expected to grow 31.07% this year and another 19.90% next year
- Earnings estimated to increase 21.17% this year and an additional 29.69% next year
Analysts and Investor Sentiment -- I don't buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it's hard to make money swimming against the tide:
- Wall Street analysts issued 27 strong buy, 2 buy and 1 hold opinion on the stock
- Their price targets between $303 and $500 with a consensus of $440 for another 8% gain
- Value Line gives the stock a below average rating with a price target of $433 for a 5% gain and comments:" CyberArk Software posted strong third quarter results. Revenues were in line with our expectations, with roughly 26% year over year growth. Earnings, however, were the real standout, with the company nearly reversing the net loss we expecting and instead posting profits of a similar magnitude. In response, we've markedly raised our earnings outlook going forward. "
- CFRAs MarketScope rates the stock a buy with a price target of $455 and comments:" We raise our target price to $455 from $395 on a P/E of 123x our 2025 EPS view, in line with its oneyear average. We increase our 2025 EPS estimate to $3.70 from $3.66 and begin our 2026 EPS forecast at $4.79. CYBR posted Q4 revenue of $314M, above consensus by $13M, and non-GAAP EPS of $0.80 beat by $0.08. "
- MorningStar thinks the stock is fairly valued and comments:" CyberArk's continued top-line strength is a testament to the firm's impressive identity security platform. We like the firm's pivot beyond its core privileged access management market toward workforce identity, machine identity, and identity governance."
- Of the 504 investors following the stock on Motley Fool 457 think the stock will beat the market and 47 think it won't
- 32,160 investors monitor the stock on Seeking Alpha
Additional disclosure: The Barchart Chart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance and reevaluate your stop losses at least on a weekly basis.
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On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
