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On Thursday, Cantor Fitzgerald reaffirmed its confidence in CyberArk Software (NASDAQ:CYBR), maintaining an Overweight stock rating with a $400.00 price target. With the stock currently trading at $343.48 and analyst targets ranging from $352 to $500, the firm’s outlook aligns with the broader market consensus. The analyst cited positive industry checks and feedback for the first quarter of 2025, emphasizing CyberArk’s potential for significant new customer acquisition within its core Privileged Access Management (PAM) services and opportunities for cross-selling Venafi products.
The analyst’s statement reflects a belief in CyberArk’s strategic position to capitalize on the cybersecurity spending related to identity management. Despite current economic uncertainties, the company is seen as a leading mid-cap cybersecurity investment, with expectations of continued growth and the ability to create a sustainable competitive edge in the market. InvestingPro data shows impressive revenue growth of 33.1% over the last twelve months, with analysts expecting continued strong performance in 2025.Want deeper insights? InvestingPro subscribers have access to 10 additional expert tips and comprehensive analysis of CyberArk’s financial health, which is currently rated as GOOD.
CyberArk’s ability to improve key performance indicators (KPIs) was also noted, suggesting that the company’s operational metrics are trending in a positive direction. The company maintains impressive gross profit margins of 79.18% and, according to InvestingPro analysis, is currently trading above its Fair Value. This outlook supports the analyst’s price target, indicating a strong conviction in the company’s future financial performance.
The endorsement from Cantor Fitzgerald comes at a time when companies across all sectors are increasingly prioritizing cybersecurity measures, particularly in areas such as identity protection and access management. CyberArk’s focus on these aspects positions it as a prominent player in the cybersecurity landscape.
The Overweight rating by Cantor Fitzgerald signals to investors that CyberArk’s stock is expected to outperform the average return of the stocks that the analyst covers over the next 12 to 18 months. The $400.00 price target represents the firm’s expectation of where the stock will trade within that same timeframe.
In other recent news, CyberArk Software has been the subject of various analyst assessments following its annual customer conference, IMPACT, held in Boston. Stifel analysts maintained a Buy rating with a $444 price target, expressing confidence in CyberArk’s strategy to secure both human and machine identities. DA Davidson also kept a Buy rating but revised their price target from $475 to $415, citing a contraction in valuation metrics among CyberArk’s peers. KeyBanc Capital Markets reaffirmed an Overweight rating with a $485 price target, highlighting CyberArk’s focus on nonhuman identities and AI agent security. UBS analysts maintained a Buy rating and a $480 price target, noting positive feedback from the conference and CyberArk’s potential to consolidate the identity security space. Citizens JMP reiterated a Market Outperform rating with a $480 price target, emphasizing CyberArk’s leadership in Privileged Access Management and its transition toward a subscription-based model. Despite some mixed feedback on new products, the overall sentiment from partners and customers at the conference was positive, supporting the analysts’ optimistic outlooks.
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