CyberArk expands identity security platform to include AI agents

BOSTON - CyberArk (NASDAQ: CYBR), a leader in identity security with a market capitalization of $16.88 billion and impressive revenue growth of 33.1% in the last twelve months, announced on Thursday at its IMPACT 2025 Conference the launch of new solutions aimed at securing all types of identities, including human, artificial intelligence (AI), and machine identities, through its Identity Security Platform. According to InvestingPro data, the company maintains industry-leading gross margins of 79.18%, demonstrating strong operational efficiency. The latest updates are designed to provide organizations with advanced privilege controls and extend identity security to AI agents from a unified platform.

The enhancements come in response to a growing threat landscape and the increasing complexity of identity management in business environments. CyberArk's Chief Product and Technology Officer, Peretz Regev, emphasized the necessity of extending identity security capabilities to all identities to mitigate risks and protect critical assets.

Among the new features, CyberArk has introduced AI-based session audits, policy recommendations, and a natural language interface for configuration, all powered by CyberArk CORA AI™. A centralized hub, the Control Center, has been created to simplify administration and improve user experiences.

For AI agents, CyberArk is set to offer Secure AI Agents1, a solution tailored to the unique security needs of agentic AI, which includes observability into AI agents and infrastructure, secure access management, and real-time threat detection. Additionally, CyberArk Labs has released an open-source AI Agent Toolset on GitHub to help developers identify potential risks in AI agent environments.

The platform also extends identity security to unmanaged devices with Secure Workforce Unmanaged Endpoints and introduces Just-in-Time and Zero Standing Privilege Access for more granular control over cloud infrastructure. For machine identities, Secure Workload Access2 will provide visibility and control over machine identity lifecycles, and Secure All Secrets will offer centralized secrets management. While currently not profitable, InvestingPro analysis indicates that analysts expect CyberArk to achieve profitability this year, with 19 analysts recently revising their earnings estimates upward.

The announcement includes a suite of solutions for modern identity governance and administration, promising faster deployment and reduced access review efforts. Moreover, Secure Certificates and PKI will prepare enterprises for post-quantum cryptography, and Secure Cloud-Native Secrets and Certificates will manage cloud secrets across major cloud providers.

The availability of these solutions varies, with some currently in early access and others expected to be available by the end of 2025.

This expansion of CyberArk's platform reflects the company's commitment to providing comprehensive identity security solutions in an era of complex digital threats. The information for this article is based on a press release statement from CyberArk.

In other recent news, CyberArk Software has been the focus of several analyst updates following its recent financial activities and strategic developments. Citi analysts have increased their price target for CyberArk to $450, maintaining a Buy rating, based on the company's growth strategies and financial targets for 2028, which include a compound annual growth rate for revenue of less than 20% and higher-than-expected operating profit margins. Similarly, DA Davidson reiterated a Buy rating with a $475 price target, highlighting CyberArk as a top pick in the security software sector and projecting a sustainable annual recurring revenue growth rate of over 20% in the coming years.

Stephens also initiated coverage with an Overweight rating and a $440 price target, citing CyberArk's leadership in the identity security sector and its transition to a SaaS-focused model. Stifel maintained a Buy rating with a $444 price target, emphasizing the company's expanding opportunities in machine identity security. In contrast, Cantor Fitzgerald adjusted its price target to $400 from $445, while keeping an Overweight rating, reflecting a revised enterprise value to sales multiple for 2025.

These recent developments underscore CyberArk's strategic focus on identity security, with analysts generally optimistic about the company's future growth and financial performance. The company's ongoing expansion into adjacent areas such as cloud security and machine identity, along with its transition to a SaaS model, are seen as key drivers for revenue growth. Despite varying price targets, analysts from firms like Stephens, DA Davidson, and Citi express confidence in CyberArk's market position and potential for continued success.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.