The latest trading session saw CyberArk (CYBR) ending at $293.46, denoting a +1.56% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.22%. Elsewhere, the Dow lost 0.33%, while the tech-heavy Nasdaq added 0.76%.Heading into today, shares of the maker of software that detects attacks on privileged accounts had gained 1.84% over the past month, lagging the Computer and Technology sector's gain of 2.29% and outpacing the S&P 500's gain of 1.47% in that time.The upcoming earn ...

Cybersecurity Industry Overview - Cybersecurity involves comprehensive security measures to protect systems, networks, and programs from digital attacks, which can compromise sensitive information, extort money, or disrupt business operations [2] - The increasing adoption of AI, IoT devices, and digitization has heightened vulnerabilities, necessitating advanced security solutions [2] Palo Alto Networks (PANW) - Palo Alto Networks is experiencing robust demand, with sales growth showing double-digit percentage year-over-year growth for ten consecutive periods [3] - The company's remaining performance obligation (RPO) grew 20% year-over-year to $12.7 billion, with a forward 12-month earnings multiple of 58.6X reflecting high growth expectations [5] - Consensus expectations suggest a 10% EPS growth and a 14% sales increase for the current fiscal year [5] CyberArk Software (CYBR) - CyberArk is a leader in identity security, with a bullish outlook for the current fiscal year, expecting a 105% year-over-year growth in EPS [6] - The company reported record revenue and a nearly 50% increase in subscription revenue to $158.4 million compared to the previous year [7] - Following strong quarterly results, CyberArk raised its full-year guidance, contributing to a positive share reaction [7] Fortinet (FTNT) - Fortinet is recognized for driving the convergence of networking and security, with a 17% increase in expected EPS for the current fiscal year [9] - The company reported record operating margins and raised its 2024 sales outlook, with cash flow from operations totaling $342 million [9]

Exhibit 99.1 CyberArk Announces Strong First Quarter 2024 Results Results Exceeded all Guided Metrics Subscription Portion of Annual Recurring Revenue (ARR) Grew 54% Year-Over-Year to $621 million Total ARR Grew 34% Year-Over-Year to $811 million Subscription Revenue Grew 69% Year-Over-Year to $156.2 million Total Revenue Grew 37% Year-Over-Year to $221.6 million Net Cash Provided by Operating Activities for the Quarter was $68.6 million Company Raises Full Year Guidance Across all Metrics Newton, Mass. and ...

CyberArk (CYBR) closed the most recent trading day at $299.98, moving +1.46% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.4%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, added 0.63%.Heading into today, shares of the maker of software that detects attacks on privileged accounts had gained 9% over the past month, outpacing the Computer and Technology sector's gain of 4.88% and the S&P 500's gain of 3.76% in that time.Investors will be eagerly wat ...

CyberArk (CYBR) closed at $295.65 in the latest trading session, marking a +0.51% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.02%. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 0.04%.Shares of the maker of software that detects attacks on privileged accounts have appreciated by 9.74% over the course of the past month, outperforming the Computer and Technology sector's gain of 4.44% and the S&P 500's gain of 3.77%.Th ...

Cybersecurity encompasses comprehensive security measures designed to protect systems, networks, and programs from digital attacks. These attacks often aim to access, alter, or destroy sensitive information, extort money from users through ransomware, or disrupt the integrity of normal business operations. The widespread adoption of artificial intelligence (AI), Internet-of-Things (IoT) devices, and increased digitization across both public and private sectors has heightened vulnerabilities and expanded att ...

CyberArk (CYBR) has seen its share price surge 28% year to date, outperforming the Zacks Computer and Technology sector and the S&P 500’s return of 23.5% and 20.8%, respectively. At the closing price of $280.34 on Oct. 4, 2024, CyberArk currently trades near its 52-week high of $294.9 and nearly 84% higher than its 52-week low of $152.03 due to the broader economic uncertainties.This significant outperformance reflects CyberArk's continued success in expanding its product offerings, securing high-value deal ...

CyberArk (CYBR) closed the most recent trading day at $280.52, moving +0.53% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.9%. Elsewhere, the Dow saw an upswing of 0.81%, while the tech-heavy Nasdaq appreciated by 1.22%.The maker of software that detects attacks on privileged accounts's stock has climbed by 3.54% in the past month, falling short of the Computer and Technology sector's gain of 5.76% and outpacing the S&P 500's gain of 3.15%.Investors will be eagerly watchi ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

CyberArk (CYBR) shares have risen 25.2% year to date (YTD), outperforming the Zacks Computer - Software industry’s growth of 7.7%.CYBR stock has also outperformed the Zacks Computer and Technology Sector and the S&P 500 index in the YTD period. The Zacks Computer and Technology sector and the S&P 500 index have returned 22.6% and 20%, respectively, YTD. This outperformance reflects investors’ confidence in CyberArk’s position in the cybersecurity market.CyberArk has been consistently focusing on enhancing i ...