CYBR Stock Summary and Trading Ideas (Cyberark Software Ltd. - | NASDAQ:CYBR)

CyberArk is a cybersecurity vendor focused on the identity market. The company's core privileged access management offering is a market leader within that subsegment, with more than half of the Fortune 500 CyberArk customers. The identity security vendor was founded in 1999 and has around 9,000 customers across various industries. While historically, CyberArk has sold its security solutions primarily via on-premises licenses, over the past few years, it has transitioned to a subscription, recurring revenue model.

Cyberark Software Ltd. - trades on the NASDAQ stock market under the symbol CYBR.

As of December 17, 2024, CYBR stock price declined to $317.82 with 323,331 million shares trading.

CYBR has a beta of 1.56, meaning it tends to be more sensitive to market movements. CYBR has a correlation of 0.33 to the broad based SPY ETF.

CYBR has a market cap of $13.85 billion. This is considered a Large Cap stock.

Last quarter Cyberark Software Ltd. - reported $240 million in Revenue and $.94 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.48.

In the last 3 years, CYBR traded as high as $333.32 and as low as $100.35.

The top ETF exchange traded funds that CYBR belongs to (by Net Assets): CIBR, IEFA, HACK, IHAK, EFA.

CYBR has outperformed the market in the last year with a return of +54.3%, while the SPY ETF gained +29.8%. In the last 3 month period, CYBR beat the market returning +16.2%, while SPY returned +7.7%. However, in the most recent 2 weeks CYBR has underperformed the stock market by returning -0.4%, while SPY returned +0.1%.

CYBR support price is $312.07 and resistance is $326.25 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CYBR shares will trade within this expected range on the day.