에 대한 최신 뉴스 CyberArk Software (NASDAQ:CYBR) 주식

CyberArk Software

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.

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테크 섹터가 곧 시작되는 실적 발표 시즌을 대비하면서 웨드부시 증권의 분석가인 다니엘 아이브스(Daniel Ives)는 낙관적인 전망을 제시했다. 기술주 급락- 매력적인 매수 기회 아이브스는 마이크로소프트(NASDAQ:MSFT), 알파벳(NASDAQ:GOOGL)(NASDAQ:GOOG), 아마존닷컴(NASDAQ:AMZN), 팔란티어 테크놀로지스(NYSE:PLTR) 및 메타 플랫폼(NASDAQ:META)을 포함한 핵심 종목들의 주가가 잠재적으로 15% 상승할 것으로 예상했다.

MS, 알파벳, 아마존, 팔란티어 및 메타가 2024년 15% 상승할 수 있는 이유:  분석가

CyberArk Software Ltd

RIZE CYB SEC DPR ETF

EVOLVE CYBER SEC INDX UNHEDG UNT ETF

Wedbush analyst Daniel Ives maintains CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Outperform and raises the price target from $300 to $325.

Price Target

Wedbush Maintains Outperform on CyberArk Software, Raises Price Target to $325

Jefferies analyst Joseph Gallo maintains CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Buy and raises the price target from $315 to $330.

Jefferies Maintains Buy on CyberArk Software, Raises Price Target to $330

CyberArk Software Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) appears poised to "consolidate identity spending and maintain durable and increasingly profitable growth," according to RBC Capital Markets <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5880b6f377f9dd00011b0ab2/matthew-hedberg">analyst Matthew Hedberg</a>.
Last month, the company <a href="https://www.benzinga.com/news/earnings/24/08/40258564/cyberark-software-q2-revenue-jumps-28-with-strong-subscription-growth-2024-outlook-raised">reported upbeat second-quarter results</a>.
Hedberg initiated coverage of CyberArk Software with an Outperform rating and a price target of $328.
The CyberArk Software Thesis: Identity spending remains important as the company is a security vendor and this market is "largely best in class" and could "consolidate somewhat' over time, Hedberg said in the initiation note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"We still think there is considerable room to grow within their core PAM market," he added. Once fully integrated, the Venafi acquisition could accelerate growth back to 20%, offering a significant cross-sell opportunity, he added.
CyberArk Software could continue growing at "+20% organically for several years," given the estimated total addressable market (TAM) of $60 billion, the analyst further stated.
CYBR Price Action: Shares of CyberArk Software had risen by 1.31% to $274.78 at the time of publication on Friday.
Read More: <a href="https://www.benzinga.com/news/earnings/24/08/40256955/should-you-invest-in-cyberark-based-on-bullish-wall-street-views">Should You Invest in CyberArk Based on Bullish Wall Street Views?</a>

Initiation

Movers

CyberArk Software Will 'Maintain Profitable Growth,' Says Bullish Analyst

RBC Capital analyst Matthew Hedberg initiates coverage on CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Outperform rating and announces Price Target of $328.

RBC Capital Initiates Coverage On CyberArk Software with Outperform Rating, Announces Price Target of $328

Proofpoint And CyberArk Expand Strategic Collaboration To Strengthen Identity Security And Combat Phishing Across All Channels; New Integrations And Solutions Launched To Address Key Cybersecurity Challenges

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cyberark.com%2F&amp;esheet=54117237&amp;newsitemid=20240905732027&amp;lan=en-US&amp;anchor=CyberArk&amp;index=1&amp;md5=6b3b10630cff1f250dafcebf3b04268c">CyberArk</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>), The <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cyberark.com%2Fidentity-security%2F&amp;esheet=54117237&amp;newsitemid=20240905732027&amp;lan=en-US&amp;anchor=identity+security&amp;index=3&amp;md5=346955b079f1cbad9c39dfec1228f656">identity security</a> company, today announced that <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.tudublin.ie%2F&amp;esheet=54117237&amp;newsitemid=20240905732027&amp;lan=en-US&amp;anchor=Technological+University+Dublin&amp;index=4&amp;md5=93b0fda0c6d858d9a46e43c7fdd56056">Technological University Dublin</a> (TU Dublin) has implemented the <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cyberark.com%2Fproducts%2F&amp;esheet=54117237&amp;newsitemid=20240905732027&amp;lan=en-US&amp;anchor=CyberArk+Identity+Security+Platform&amp;index=5&amp;md5=82a3fb6414e82f82807fa7d17db0e312">CyberArk Identity Security Platform</a> to enhance the security of privileged identities in their high-risk hybrid environment.
TU Dublin is Ireland's first technological university, established in 2019 and with nearly 30,000 students. It was formed when three pre-existing institutes of technology merged, resulting in a complicated IT infrastructure spread across self-hosted and cloud environments. Privileged and sensitive credential management presented challenges, especially for third party vendors connecting to internal systems, who needed to rely on traditional VPN tunnels.

CyberArk Announces The Technological University Dublin Has Implemented The CyberArk Identity Security Platform To Enhance The Security Of Privileged Identities In Their High-Risk Hybrid Environment

Citigroup analyst Fatima Boolani maintains CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Buy and raises the price target from $305 to $310.

Citigroup Maintains Buy on CyberArk Software, Raises Price Target to $310

Rosenblatt analyst Catharine Trebnick maintains CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Buy and raises the price target from $310 to $325.

Rosenblatt Maintains Buy on CyberArk Software, Raises Price Target to $325

WIIM

CyberArk Software shares are trading higher after multiple analysts raised their respective price targets on the stock.

Cantor Fitzgerald analyst Yi Fu Lee reiterates CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Overweight and maintains $300 price target.

Reiteration

Cantor Fitzgerald Reiterates Overweight on CyberArk Software, Maintains $300 Price Target

DA Davidson analyst Rudy Kessinger maintains CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Buy and raises the price target from $285 to $315.

DA Davidson Maintains Buy on CyberArk Software, Raises Price Target to $315

Wedbush analyst Daniel Ives maintains CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Outperform and raises the price target from $285 to $300.

Wedbush Maintains Outperform on CyberArk Software, Raises Price Target to $300

Baird analyst Shrenik Kothari maintains CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Outperform and raises the price target from $295 to $315.

Baird Maintains Outperform on CyberArk Software, Raises Price Target to $315

Susquehanna analyst Shyam Patil maintains CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Positive and raises the price target from $310 to $320.

Susquehanna Maintains Positive on CyberArk Software, Raises Price Target to $320

Keybanc analyst Eric Heath maintains CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Overweight and raises the price target from $300 to $310.

Keybanc Maintains Overweight on CyberArk Software, Raises Price Target to $310

Needham analyst Alex Henderson reiterates CyberArk Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) with a Buy and maintains $310 price target.

Needham Reiterates Buy on CyberArk Software, Maintains $310 Price Target

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock&#39;s price, but are they really important?
Let&#39;s take a look at what these Wall Street heavyweights have to say about CyberArk (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cybr#NASDAQ">CYBR</a>) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
CyberArk currently has an average brokerage recommendation of 1.11, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 28 brokerage firms. An ABR of 1.11 approximates between Strong Buy and Buy.
Of the 28 recommendations that derive the current ABR, 26 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 92.9% and 3.6% of all recommendations.
<h2>Brokerage Recommendation Trends for CYBR</h2>
<img alt="Broker Rating Breakdown Chart for CYBR" class="chart" src="https://staticx-tuner.zacks.com/images/yesopchart/brokerage_bar/CYBR_08082024.png" style="width:100%" title="" /> 
The ABR suggests buying CyberArk, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five &quot;Strong Buy&quot; recommendations for every &quot;Strong Sell&quot; recommendation.
In other words, their interests aren&#39;t always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock&#39;s price movement.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock&#39;s price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
<h2>Zacks Rank Should Not Be Confused With ABR</h2>
Although both Zacks Rank and ABR are displayed in a range of 1-5, they are different measures altogether.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company&#39;s changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements.
<h2>Is CYBR a Good Investment?</h2>
In terms of earnings estimate revisions for CyberArk, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $2.04.
Analysts&#39; steady views regarding the company&#39;s earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for CyberArk.
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for CyberArk.
<a href="https://www.zacks.com/stock/news/2319106/should-you-invest-in-cyberark-cybr-based-on-bullish-wall-street-views?cid=CS-BENZ-FT-fundamental_analysis|average_broker_rating-2319106">To read this article on Zacks.com click here.</a>

Large Cap

Markets

Should You Invest in CyberArk Based on Bullish Wall Street Views?

Investor risk sentiment is showing greater conviction on Thursday, with all indices and major stock sectors in the green, after Wall Street failed to hold onto opening gains and closed in the <a href="https://www.benzinga.com/markets/equities/24/08/40237781/wall-street-ends-wednesday-in-the-red-as-risk-sentiment-remains-fragile-s-p-500-movers-at-the-cl">red the previous day.</a>
Weekly jobless claims numbers, which came in at 233,000 last week — a significant drop from the previous 250,000 and below the expected 240,000 — <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/24/08/40251833/weekly-unemployment-claims-decline-more-than-expected-cool-recession-concerns-stocks-r">helped ease recession fears. </a>
Additionally, the notable decline in weekly claims in Texas suggests that a one-off event like Hurricane Beryl might have contributed to the increase in claims and the July unemployment rate, thus alleviating fears of a more structural trend.
Technology stocks are leading the charge, with the Nasdaq 100 showcasing a 2.2% rally. Among tech stocks, semiconductors are shining, with AI-linked trade back on track after significant <a href="https://www.benzinga.com/markets/equities/24/08/40259139/tech-stocks-rally-after-5-day-slump-as-recession-panic-eases-nasdaq-100-movers-to-watch-thursday">sell-offs in recent days.</a>
The iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>) rallied 5.7%, returning above its 200-day moving average after falling below it last Friday. Industrial, consumer discretionary and energy stocks are also posting significant gains.
The dollar continues its recovery against the Japanese yen after being hit by the unwinding of the carry trade until Monday. The dollar-yen exchange rate is looking at its third consecutive day of gains, continuing to reflect the dovish remarks made by the <a href="https://www.benzinga.com/markets/asia/24/08/40223986/traders-resume-yen-dollar-carry-trade-as-bank-of-japan-pledges-no-rate-hikes-during-market-volatilit">Bank of Japan on Wednesday.</a>
Bonds, which alongside the yen were favored during past sessions marked by recession fears, are now retracing as yields rise across the Treasury curve. The iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) tumbled by 0.8% on Thursday, eyeing its third straight session of declines. The yield on the 10-year Treasury note surged by 5 basis points to 4%.
Commodities are showing solid gains, with gold and silver up by 1.5% and 3.5%, respectively. Oil is up 0.8%, with West Texas Intermediate (WTI) light crude returning above the $75 per barrel level.
Cryptocurrencies are soaring, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) posting a 7.9% daily gain, on track for its best session in about three months.
<h1 class="wp-block-heading">Thursday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>18,267.70</td>
<td>2.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,285.21</td>
<td>1.6%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,063.97</td>
<td>1.5%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,231.86</td>
<td>1.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:44 p.m. ET</figcaption></figure>
<h1 class="wp-block-heading">According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent080824&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:</h1>
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 1.7% to $527.46.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;increased by 1.2% to $392.63.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) soared 2.4% to $445.17.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) gained 1.7% to $205.38.</li>
<li>All the sectors of the S&amp;P 500 saw gains, with the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) leading the way, up by 2.8%. The more defensive Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) witnessed the lowest surge, up by 0.4%.</li>
</ul>
<h1 class="wp-block-heading">Thursday&#8217;s Stock Movers</h1>
Technology stocks rallying on improved risk sentiment are: 
<ul>
<li>Arm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) up 7.8%,</li>
<li>ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) up 7.1%,</li>
<li>Microchip Technology Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHP#NASDAQ">MCHP</a>) up 6.2%,</li>
<li>Marvell Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) up 6.1%,</li>
<li>KLA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) up 6%, </li>
<li>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>) up 5.9%</li>
</ul>
Stocks moving on earnings reports are: 
<ul>
<li>AppLovin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APP#NASDAQ">APP</a>) up 9.9%</li>
<li>Blink Charging Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLNK#NASDAQ">BLNK</a>) down 17%</li>
<li>Bumble Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BMBL#NASDAQ">BMBL</a>) down 31%</li>
<li>Cars.com Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARS#NYSE">CARS</a>) down 6%</li>
<li>CyberArk Software Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) up 7.2%</li>
<li>Fastly, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSLY#NYSE">FSLY</a>) down over 17%</li>
<li>Forward Air Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRD#NASDAQ">FWRD</a>) up nearly 22%</li>
<li>Hanesbrands Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HBI#NYSE">HBI</a>), up 15%</li>
<li>HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>) up 2.8%</li>
<li>Krispy Kreme, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNUT#NASDAQ">DNUT</a>) up 14,</li>
<li>Marathon Oil Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRO#NYSE">MRO</a>) up 1.2%</li>
<li>Monster Beverage Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>) down 11%</li>
<li>Papa John&#8217;s International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) up 2.5%</li>
<li>PENN Entertainment, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>) up 7%</li>
<li>Plug Power Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) down 0.5%</li>
<li>Restaurant Brands International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) up 2.3%</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) up 2.22%</li>
<li>Under Armor, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UA#NYSE">UA</a>) up 18%</li>
<li>Viasat, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VSAT#NASDAQ">VSAT</a>) up nearly 37%</li>
<li>Warner Bros. Discovery, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) down nearly 9%</li>
<li>Zillow Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/Z#NASDAQ">Z</a>) up nearly 19%. </li>
</ul>
Those reporting after the close are Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>), CarGurus, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CARG#NASDAQ">CARG</a>), Dropbox, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBX#NASDAQ">DBX</a>), elf Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>), Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>), Five9, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>), Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>), Insulet Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PODD#NASDAQ">PODD</a>), Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARA#NASDAQ">PARA</a>), Take-Two Interactive Software, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTWO#NASDAQ">TTWO</a>), Trade Desk, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTD#NASDAQ">TTD</a>), Unity Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/U#NYSE">U</a>), and Yelp Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YELP#NYSE">YELP</a>).
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Wall Street Rallies As Economic Concerns Recede, Tech Flexes Its Muscles, Semiconductors Soar: What's Driving Markets Thursday?

CyberArk Software Ltd&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>) reported fiscal second-quarter 2024 revenue growth of 28% year-on-year to $224.7 million, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/b40247213/cyberark-announces-strong-second-quarter-2024-results" rel="noreferrer noopener">analyst consensus estimate of $219.1 million</a>.&nbsp;
The information security company posted an adjusted EPS of 54 cents, which beat the <a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">analyst consensus estimate of 40 cents</a>. The stock price gained after the print.
Segments: Revenues from Subscriptions expanded 49% Y/Y to $158.4 million. Maintenance and professional services were $62.7 million vs. $64.6 million Y/Y.
Key Performance Indicators:&nbsp;Annual Recurring Revenue (ARR) increased 33%&nbsp;Y/Y&nbsp;to $868 million. The subscription portion of ARR was $677 million, implying a 50%&nbsp;Y/Y&nbsp;growth.&nbsp;
The Maintenance portion of ARR was $191 million, compared to $201 million Y/Y. Recurring revenue grew 32% Y/Y to $208.0 million. 
CyberArk held $1.4 billion in cash and equivalents as of June 30, 2024.
CEO Matt Cohen said, &#8220;With the explosion of new identities, new environments, and new attack methods, a new paradigm is needed to protect every identity – human or machine – with the right level of privilege controls. Customers are consolidating on our platform, driving land and expand, as evidenced by the 245 new logos we signed and our net new Subscription ARR of $56 million.&#8221; 
Outlook: CyberArk expects a fiscal third-quarter revenue of $230.0 million to $236.0 million, versus the consensus of $219.1 million.
It projected an adjusted EPS of 38 cents to 49 cents, versus the consensus of 40 cents.
CyberArk projected fiscal 2024 revenue of $932.0 million–$942.0 million (prior $928.0 million–$938.0 million) versus the <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of $935.1 million</a>.&nbsp;
CyberArk expects an adjusted EPS outlook of $2.17–$2.36 (<a target="_blank" href="https://www.benzinga.com/news/earnings/24/05/38593026/cyberark-shares-slide-despite-positive-outlook-earnings-report" rel="noreferrer noopener">prior $1.88–$2.07</a>) versus the consensus of $2.03.
ARR as of December 31, 2024, will likely range between &nbsp;$985 million–$995 million (prior $975 million–$990&nbsp;million), up by 27%–29%.
CyberArk Software stock gained 82% in the last 12 months.
Price Action: CYBR stock traded higher by 7.5% at $261.54 at last check Thursday.
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Guidance

CyberArk Software Q2: Revenue Jumps 28% With Strong Subscription Growth, 2024 Outlook Raised

CyberArk Software shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 guidance. Also, the company issued Q3 adjusted EPS guidance with its midpoint above estimates.

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In a report released yesterday, Joseph Gallo from Jefferies upgraded CyberArk Software (CYBR – Research Report) to a Buy, with a price target of $3...

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CyberArk Software (CYBR) has released an update. CyberArk Software has announced the completion of its acquisition of machine identity management l...

CyberArk Acquires Venafi, Bolstering Machine Identity Security

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Analyst Joseph Gallo from Jefferies maintained a Buy rating on CyberArk Software (CYBR – Research Report) and keeping the price target at $330.00. ...

CyberArk's Strategic Acquisition of Venafi to Drive Growth and Justify Premium Valuation: A Buy Rating

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Press Releases

CyberArk to Present at Upcoming Investor Conferences

CyberArk Named Trusted Cloud Provider by Cloud Security Alliance

RBL Finserve Protects Growing Number of Identities In Multi-Cloud Environment with CyberArk

Technological University Dublin Implements New Identity Security Approach in Hybrid Environment Using CyberArk

Proofpoint and CyberArk Expand Strategic Partnership to Comprehensively Secure Identities in Hybrid and Multi-Cloud Environments

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CyberArk Celebrates 10 Year Anniversary of Its Initial Public Offering

CyberArk Completes Acquisition of Machine Identity Management Leader Venafi

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CyberArk to Announce Third Quarter 2024 Financial Results on November 13

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테크 섹터가 곧 시작되는 실적 발표 시즌을 대비하면서 웨드부시 증권의 분석가인 다니엘 아이브스(Daniel Ives)는 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38248780/apple-bull-dan-ives-says-robust-tech-earnings-season-ahead-not-the-time-to-run-time">낙관적인 전망</a>을 제시했다.
<h2 class="wp-block-heading">기술주 급락- 매력적인 매수 기회</h2>
아이브스는 마이크로소프트(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), 알파벳(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>), 아마존닷컴(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), 팔란티어 테크놀로지스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) 및 메타 플랫폼(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)을 포함한 핵심 종목들의 주가가 잠재적으로 15% 상승할 것으로 예상했다.
또한 읽기: <a href="https://www.benzinga.com/government/24/04/38245193/openai-launches-first-asian-office-in-tokyo-amid-microsofts-massive-ai-and-cloud-push-in-japan">MS의 AI 및 클라우드 사업 일본 확대 추진, 오픈AI, 도쿄에 아시아 첫 사무실 설립</a>
아이브스는 최근의 위험 회피 환경과 기술주 매도를 매력적인 구매 기회로 보고 있으며, 시장 침체의 원인은 소비자물가지수(CPI) 상승, 은행 실적 부진, 지정학적 긴장 등 때문이라고 본다.
지난 한 달 동안, SPDR 기술 셀렉트 섹터 ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)는 2.63% 하락했다. 동일 기간 동안 S&amp;P 500을 추적하는 SPDR S&amp;P 500 ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)는 1.16% 하락했다.
그러나 아이브스는 빠른 시일 내에 기대되는 테크 실적 시즌으로 주목이 옮겨질 것이라고 믿으며, 그는 이번 시즌이 전반적으로 견실한 결과를 받아낼 것으로 기대하고 있다.
<h2 class="wp-block-heading">1분기 실적에 기술주의 상승 모멘텀 기대</h2>
Ives에 따르면, 기대되는 기술 주식의 강세는 단순히 다배가 아닌 가속화된 성장과 수익이나, 그리고 월가의 기대치를 넘어선다. 그는 올해 내내 기술 부문의 지속적인 상승 모멘텀을 위해 다가오는 Q1 수익 시즌의 중요한 역할을 강조했다.
아이브스에 따르면 기술주에서 예상되는 강세는 단지 배수에만 기반한 것이 아니라 월가의 기대치를 뛰어 넘는 성장과 실적 가속화에서 비롯된다. 그는 일년 내내 기술 부문의 추가 상승 모멘텀을 위한 무대를 마련하는 데 있어 다가오는 1분기 실적 시즌이 중추적인 역할을 한다고 강조한다.
다가오는 실적 발표의 예정일은 아래와 같다:
<figure class="wp-block-table">
<table>
<tbody>
<tr>
<td>회사</td>
<td>주식 티커</td>
<td>분기</td>
<td>수익 발표일</td>
</tr>
<tr>
<td>마이크로소프트</td>
<td>MSFT</td>
<td>Q3</td>
<td>4월 25일</td>
</tr>
<tr>
<td>알파벳</td>
<td>GOOG, GOOGL</td>
<td>Q1</td>
<td>4월 26일</td>
</tr>
<tr>
<td>아마존</td>
<td>AMZN</td>
<td>Q1</td>
<td>4월 29일</td>
</tr>
<tr>
<td>팔란티어</td>
<td>PLTR</td>
<td>Q1</td>
<td>5월 6일</td>
</tr>
<tr>
<td>메타 플랫폼</td>
<td>META</td>
<td>Q1</td>
<td>4월 24일</td>
</tr>
</tbody>
</table>
</figure>
출처: Benzinga 실적 발표 일정
아이브스에 의하면, 테크 거대 기업들인 마이크로소프트, 알파벳, 알파벳, 아마존, 팔란티어 및 메타에서 돋보이는 실적에 대한 기대가 높다. 소프트웨어, 사이버 보안, 디지털 광고 및 반도체와 같은 분야들은 그의 말처럼 특히 관심을 받아야 할 것으로 예상된다.
<h2 class="wp-block-heading">기타 잠재적으로 주목받을 기업들</h2>
아이브스는 Z스케일러 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>), 크라우드스트라이크 홀딩스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>), 팔로알토 네트웍스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>), 사이버아크 소프트웨어(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYBR#NASDAQ">CYBR</a>), 체크포인트 소프트웨어 테크놀로지스 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) 및 테너블 홀딩스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TENB#NASDAQ">TENB</a>)와 같은 사이버 보안 기업들이 1분기 실적 발표에서 주목받을만한 기업들일 가능성을 제시했다.
성장을 촉진할 AI 혁명의 잠재력에 대한 확신은 지난 한 달 동안 전 세계적으로 실시된 현장 조사를 통해 강화되었으며, 이는 이 영역의 수익화가 가속화된 성장의 새로운 단계에 진입했음을 나타낸다.
투자자들이 실적 발표를 기다리는 동안, 아이브스는 올해 기술주의 15% 상승을 예상하며 기술 분야는 더 많은 평가를 받을 것으로 예상하고 있다.
소프트웨어, 사이버 보안, 디지털 광고 및 반도체가 중심이 되는 가운데 다가오는 실적 시즌은 2024년 남은 기간 동안 기술 부문의 성장 궤적을 재확인하는 중요한 이정표가 될 수 있다.
다음 읽기: <a href="https://www.benzinga.com/news/24/04/38241504/metas-move-to-block-news-erodes-signals-of-reliability-as-right-wing-memes-thrive-on-canadian-facebo">뉴스 차단을 위한 메타의 움직임은 캐나다 페이스북에서 우익 밈이 번성함에 따라 &#8216;신뢰성의 신호&#8217;를 약화</a>
이미지는 Midjourney를 통해 인공지능으로 생성되었습니다.

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